Keyword "RSBI:SOCIAL-IMPACT" - List of latest news (364 results)

21/04 Shopify must face data privacy lawsuit in US

A U.S. appeals court on Monday revived a proposed data privacy class action against Shopify , a decision that could make it easier for American courts to assert jurisdiction over internet-based platforms.

16/04 California attorney general declines to join Musk's lawsuit against OpenAI

The California attorney general's office declined to join a lawsuit by Elon Musk against OpenAI, the agency wrote in a letter made public on Tuesday, saying that the office did not see how Musk's action serves the public interest of the state.

15/04 Former US labor officials urge contractors to stand firm on DEI

A group of former U.S. Department of Labor officials has urged federal contractors to maintain their corporate diversity policies in the face of legal threats by the Trump administration, a letter seen exclusively by Reuters showed.

04/04 Meta can be sued in Kenya over posts related to Ethiopia violence, court rules

A Kenyan court has ruled that Facebook's parent company Meta can be sued in the East African country over its alleged role in promoting content that led to ethnic violence in neighbouring Ethiopia, a plaintiff in the case said.

03/04 Republican-led states demand 20 law firms disclose DEI practices

Attorneys general from 12 Republican-led U.S. states sent letters on Thursday to 20 major law firms demanding information about their diversity, equity and inclusion (DEI) employment practices, building on a similar request to the same firms by the U.S. agency that enforces federal laws banning workplace discrimination.

02/04 Doug Emhoff's law firm Willkie Farr & Gallagher reaches deal with Trump

The law firm of former Vice President Kamala Harris's husband struck a deal with Donald Trump to avert an executive order targeting its business, becoming the latest firm to cut a deal with the U.S. president as he seeks to punish perceived enemies in the legal profession.

31/03 US embassies tell suppliers to comply with Trump ban on diversity policies

The Trump administration has warned suppliers to U.S. embassies and consulates as well as recipients of U.S. grants worldwide that they must comply with its ban on Diversity, Equity and Inclusion (DEI) programmes or risk losing payments.

31/03 Union sues to block Trump from ending collective bargaining for many federal workers

A union that represents 150,000 U.S. government employees filed a lawsuit on Monday seeking to block President Donald Trump from stripping hundreds of thousands of federal workers of the ability to collectively bargain with government agencies through their unions.

29/03 US warns French companies they must comply with Trump's diversity ban

The Trump administration has written to French companies holding U.S. government contracts ordering them to comply with an executive order banning diversity, equity and inclusion programmes, two people familiar with the matter said.

28/03 FCC opening probe into diversity practices at Disney and ABC

The head of the Federal Communications Commission on Friday said he is opening an investigation into the diversity practices of Walt Disney and its ABC unit, saying they may violate U.S. equal employment opportunity regulations.

28/03 Judge blocks Trump's Labor Department from requiring grant recipients to abandon DEI

A U.S. judge on Thursday temporarily allowed Labor Department grant recipients to continue their diversity, equity and inclusion programs, but the judge allowed the Trump administration to bar most "equity-related grants."

27/03 US health department cutting 10,000 workers under Kennedy

The U.S. Department of Health and Human Services will cut about 10,000 full-time jobs and close half of its regional offices, it said on Thursday, a major overhaul of the department under Secretary Robert F. Kennedy Jr.

24/03 Where do legal cases against Trump's policies stand?

President Donald Trump's agenda has partially stalled in court as judges block his efforts to crack down on immigration and rein in Elon Musk's hunt for government fraud and waste, though the administration has scored some wins and is appealing its losses.

21/03 JPMorgan makes changes to its diversity programs, memo says

JPMorgan Chase Chief Operating Officer Jenn Piepszak said the bank was making some changes to its Diversity, Equity and Inclusion programs and the language it uses to describe them in an effort to keep up with the market and changes in regulations, according to a memo seen by Reuters.

21/03 Exclusive: JPMorgan asset management unit quits industry climate coalition

JPMorgan Chase & Co said its asset management unit has left a flagship industry climate effort, a blow to the group that had paused operations in January in an effort to halt defections amid political pressure from U.S. Republicans.

09/03 Flights cancelled at Hamburg airport as strike starts a day early

The Verdi trade union did not give notice of the move, which forced the cancellation of nearly 300 flights.

04/03 Target braces for first-quarter profit pressure due to tariffs, low demand

Target warned on Tuesday that uncertainty around tariffs would weigh on the retailer's profit in the first quarter and doubled down on sourcing more of its products from countries including Guatemala.

25/01 Ben & Jerry's accuses Unilever of muzzling it because of Trump

Ben & Jerry's wants a court order freeing the board to continue oversight of its social mission, and requiring Unilever to honor its commitment to make $25 million of payments to groups chosen by the ice cream company.

24/01 Despite Trump order, abandoning DEI could land companies in legal trouble

U.S. companies that scale back workplace diversity efforts to avoid scrutiny from the Trump administration may be exposing themselves to more discrimination lawsuits by workers, experts said.

24/01 Costco shareholders vote against proposal for report on diversity programs

Costco Wholesale shareholders voted against a proposal requesting a report on the risks of maintaining its diversity and inclusion initiatives, the U.S. company said on Thursday, against the backdrop of intense scrutiny of such policies.

23/01 Trump's attack on diversity programs, bureaucracy sends US agencies scrambling

U.S. agencies under new President Donald Trump are pushing to implement his mandates to reshape the federal bureaucracy, encouraging workers to report any clandestine efforts to maintain diversity programs and sidelining more than 150 national security and foreign policy officials.

23/01 Explainer: Trump says corporate diversity efforts are illegal - but are they?

President Donald Trump has issued an executive order designed to eradicate workforce diversity, equity and inclusion (DEI) initiatives in the federal government and the private sector. Trump suggested that some companies will face investigations and legal action if their programs are deemed to be discriminatory.

23/01 Exclusive: India watchdog faults probe of Foxconn hiring, orders new inquiry

India's powerful human rights watchdog has admonished labor officials for failure to adequately investigate evidence of employment discrimination at Foxconn, which makes Apple iPhones, and told them to re-examine the matter, documents show.

22/01 Trump's DEI cuts force Davos elite to find new words for diversity

President Donald Trump's escalating pressure on the private sector to ditch diversity programs has left some in Davos searching for new words to describe workplace practices they say are essential to their businesses.

22/01 Trump escalates campaign to dismantle government diversity programs

U.S. President Donald Trump escalated his assault on diversity programs on Tuesday by pressuring the private sector to join the initiative, ordering aviation officials to review diversity hires and telling employees of DEI government offices and programs they would be placed on paid leave.

16/01 Toyota unit Hino Motors reaches $1.6 billion US diesel emissions settlement

Toyota Motor unit Hino Motors has agreed a $1.6 billion settlement with U.S. agencies and will plead guilty over excess diesel engine emissions in more than 105,000 U.S. vehicles, the company and U.S. government said on Wednesday.

12/01 Apple's board recommends shareholders vote against proposal to eliminate diversity programs

Apple's board of directors recommended investors vote against a shareholder proposal to abolish the company's Diversity, Equity, and Inclusion (DEI) programs, according to a proxy filing from the company.

11/01 Trump, Zuckerberg meet at Mar-a-Lago, Semafor reports

Meta CEO Mark Zuckerberg met with U.S. President-elect Donald Trump at Mar-a-Lago on Friday, Semafor news website reported, citing a source familiar with the matter.

11/01 American Airlines' focus on ESG in 401(k) plan is illegal, US judge rules

A federal judge in Texas on Friday said American Airlines violated federal law by basing investment decisions for its employee retirement plan on environmental, social and other non-financial factors.

10/01 Meta to end diversity programs ahead of Trump inauguration

Meta Platforms is ending its diversity, equity, and inclusion (DEI) programs, including those for hiring, training and picking suppliers, it said in a memo to employees posted on an internal company forum on Friday.

10/01 Former WWE CEO Vince McMahon settles with SEC over undisclosed settlements with women

Vince McMahon, the former World Wrestling Entertainment chief executive, settled U.S. Securities and Exchange Commission charges he concealed from the company's board two settlement agreements worth $10.5 million with women who had potential claims against him.

10/01 Politics, not climate, to drive sustainable finance trends in 2025

A turbulent year for sustainable finance is set to continue in 2025 as the return of Donald Trump as U.S. president heralds more regional divergence on everything from fund flows to legal cases and market regulations.

09/01 Shareholders urge UnitedHealth to analyze impact of healthcare denials

UnitedHealth Group shareholders on Wednesday said they requested the company prepare a report on the costs and public health impact related to its "practices that limit or delay access to healthcare."

08/01 Exclusive: BYD brought hundreds of Chinese workers to Brazil on irregular visas-inspector

Electric vehicle producer BYD brought hundreds of Chinese workers on irregular visas to build a factory in Brazil, a key labor inspector told Reuters on Tuesday, adding the company has pledged to comply with local labor laws for the workers remaining in the country.

06/01 Google should be forced to bargain with contractor's union, US labor agency says

Alphabet's Google is facing a second complaint from a U.S. labor board claiming that it is the employer of contract workers and must bargain with their union, the agency said on Monday.

04/01 UBS investigates undisclosed Nazi-linked accounts at Credit Suisse

An independent ombudsman said a probe revealed signs of a cover-up.

04/01 PayPal accused of racial bias against Asian Americans in funding program

PayPal has been sued by an Asian American businesswoman who accused the digital payments company of racial bias for restricting part of a $535 million investment program to Black and Hispanic applicants, costing her millions of dollars.

03/01 TikTok knew its livestreams exploit children, Utah lawsuit claims

TikTok has long known its video livestreams encourage sexual conduct and exploit children yet turned a blind eye because it "profited significantly" from them, according to newly unsealed material in a lawsuit by the state of Utah.

31/12 Inside luxury goods' broken audit system

LVMH-owned Dior's production arm in Italy, Manufactures Dior, relied on formal inspections to assess working and safety standards inside its supply chain last year. In some cases, such certifications missed glaring problems, a Reuters review of unpublished court documents has found.

25/12 South Korea's Yoon defies second agency summons over martial law

South Korea's suspended President Yoon Suk Yeol did not respond on Wednesday to a second summons by anti-corruption authorities who, along with prosecutors, are investigating his short-lived martial law decree issued early this month.

20/12 Turmoil at Colombia's Ecopetrol raises profit fears ahead of US investment decision

Alleged interference by Colombian President Gustavo Petro in majority state-owned Ecopetrol and purges of hundreds of staff to make way for pro-government replacements are fueling fears about the energy company's future profits and contributions to the economy.

19/12 Amazon agrees to worker safety measures to settle US probe

Amazon.com will implement new safety measures at all of its U.S. facilities to settle a federal agency's claims that it failed to prevent workers from developing back problems and other ergonomic injuries, the agency said on Thursday.

17/12 India's solar energy agency changes bidding policy after Adani bribery allegations, says source

About 75% of new Solar Energy Corporation of India bids for renewable power will now be based on specific demand from states.

12/12 BHP and Rio pressured women to sign NDAs after sexual harassment complaints, lawyer says

BHP and Rio Tinto have used confidentiality agreements to prevent female employees from speaking about sexual harassment at work, according to a lawyer leading Australian class action lawsuits against the miners.

11/12 EY worker's death spotlights India's unprotected white-collar labour

Authorities in two Indian states that are driving its economic growth are drafting tighter workplace rules and inspections to protect white collar employees following the death of a young executive at global consultancy Ernst & Young (EY), which her family blamed on overwork.

09/12 Australia's Woolworths hikes worker wages to resolve strike action, shares gain

Australia's top grocer Woolworths said on Monday it has reached an agreement with industrial union workers to increase wages, resolving the strike action that had been affecting store service levels at Woolworths supermarkets across Australia.

07/12 Boeing's top lobbyist departing planemaker, CEO says

Boeing's head of government affairs and top lobbyist is leaving effective immediately, the planemaker's CEO told employees in an email Friday.

06/12 US judge says Southwest must face bias claims over free flights for Hispanic students

A U.S. judge on Friday said Southwest Airlines must face a lawsuit by a prominent affirmative action opponent claiming a now-defunct program that awarded free flights to Hispanic college students was racially discriminatory.

06/12 Exclusive: WhatsApp use by Credit Suisse staff scrutinised by UK regulator, documents show

The UK's Financial Conduct Authority is scrutinising allegations that some former Credit Suisse employees shared confidential information over the WhatsApp messaging platform, documents seen by Reuters show.

05/12 South African Airways cancels some flights as pilots go on strike

South African Airways said it had cancelled flights to Perth and Sao Paulo on Thursday after receiving confirmation from the SAA Pilots Association that they planned to strike following a deadlock in pay talks.

02/12 Apple accused of silencing workers, spying on personal devices

Apple has been accused in a new lawsuit of illegally monitoring its workers' personal devices and iCloud accounts while also barring them from discussing their pay and working conditions.

02/12 Swiss corruption case involving Trafigura and former executive opens

Trafigura and three other defendants including a former board member go on trial over the alleged payment of bribes to an Angolan oil official for oil deals in a landmark case that opens on Monday.

26/11 Walmart to roll back some diversity policies amid pressure from conservatives

Walmart plans to cut back some of its diversity, equity and inclusion (DEI) initiatives, a spokesperson for the retailer said on Monday, joining a growing list of firms feeling the heat from conservative groups.

26/11 Disney settles suit over women's pay for $43 million

Walt Disney has agreed to pay $43.3 million to settle a lawsuit alleging that its female employees in California earned $150 million less than their male counterparts over an eight-year period, the plaintiffs' lawyers said in a statement on Monday.

23/11 Adani Energy Solutions says no material impact from Kenya energy deal cancellation

Adani Energy Solutions said on Saturday that Kenya's cancellation of a $736 million transmission line project did not require it to make any regulatory disclosure under Indian stock exchange rules as it was within its ordinary course of business.

22/11 Adani's bribery scandal raises concern on market, public disclosure lapses

In March, Adani Group's head of corporate finance wrote an email to one of its lenders, calling as "baseless" a media report on the group's alleged bribery investigation in the United States. That email was also marked to top finance executive Sagar Adani.

22/11 What's next for Gautam Adani after U.S. bribery, fraud charges?

Gautam Adani, the billionaire chair of Indian conglomerate Adani Group and one of the world's richest people, could face a long road to trial in the U.S. on criminal charges over his alleged role in a multi-billion-dollar fraud and bribery scheme.

22/11 'Bribe notes' with per megawatt rates: filings detail Sagar Adani's role in Indian scandal

A U.S. indictment of top executives of India's Adani Group has put a spotlight on Sagar Adani, a millennial scion of the company who kept track of hundreds of millions of dollars of alleged bribes to Indian officials on his mobile phone, court filings show.

21/11 Kenya cancels proposed deals with Adani Group after U.S. indictments

Kenyan President William Ruto said on Thursday he had ordered the cancellation of a procurement process expected to hand control of the country's main airport to India's Adani Group following the indictment of the company's founder in the United States.

15/11 Barclays ordered to pay ex-banker $63,000 over working hours, sex discrimination

Barclays has been ordered to pay a former banker with endometriosis and anxiety almost 50,000 pounds ($63,500) for failing to adjust her working hours and for sex discrimination, a London tribunal has ruled.

05/11 Tax fraud investigators search Netflix offices in Paris and Amsterdam, says source

Investigators searched the offices of U.S. streaming giant Netflix in France and the Netherlands as part of a preliminary investigation into tax fraud laundering, a French judicial source said on Tuesday.

05/11 Tesla increases wages for staff at German gigafactory by 4%

Tesla has raised the wages of all employees at its German gigafactory outside Berlin by 4% since the start of November, the U.S. electric carmaker said on Tuesday.

25/10 Thiel's Palantir dumped by Norwegian investor over work for Israel

One of the Nordic region's largest investors has sold its holdings in Palantir Technologies because of concerns that the U.S. data firm's work for Israel might put the asset manager at risk of violating international humanitarian law and human rights.

23/10 US Fed Board disciplined nine staff for sexual harassment in 2020-2023, document shows

The U.S. Federal Reserve Board received 11 complaints against individuals alleging sexual harassment between 2020 and 2023 and disciplined nine staff members as a result, firing four of them, according to a document the central bank released to Reuters.

22/10 Dolce & Gabbana CEO could look at IPO in future, priority now is a stronger business

Dolce & Gabbana is not ready for an initial public offering but is prepared to consider it in the future, the Italian luxury group's chief executive said on Monday.

21/10 Retailer Carrefour reviewing work practices at Saudi partner after Amnesty raises concerns

French supermarket retailer Carrefour said on Monday it is reviewing how staff are treated at Majid Al Futtaim (MAF), its Saudi Arabia franchise partner, after Amnesty International raised concerns over employees' working conditions.

10/09 Nike shareholders vote against proposal on workers' rights

Nike shareholders have voted against a proposal to consider joining binding agreements with supply chain workers to better address human rights issues in high-risk countries at its annual meeting, the company said on Tuesday.

10/09 Workers strike at Samsung India plant enters day 2, production to be hit

Hundreds of Samsung Electronics employees went on a strike at a plant in southern India for a second day on Tuesday to demand higher wages, disrupting operations at the South Korean giant.

08/09 From Boeing to Detroit Three, US labor unions flex muscle

U.S. planemaker Boeing BA.N has averted a possible strike after reaching a tentative labor deal with a union representing more than 32,000 workers in the U.S. Pacific Northwest, the latest in a series of labor negotiations that brought double-digit wage increases despite a tight labor market and stubborn inflation.

05/09 Norway wealth fund to back Nike human rights shareholder proposal

Norway's wealth fund will back a proposal demanding Nike examine whether binding agreements with workers would improve its ability to address human rights issues when sourcing from high-risk countries, the fund said on Thursday.

03/09 UK fraud watchdog faces hefty bill after appeal rejected in ENRC case

Britain's Serious Fraud Office (SFO) has been refused permission to appeal against a ruling that it only opened a corruption probe into Kazakh mining group ENRC because of its own wrongdoing, leaving the watchdog facing a hefty damages bill.

30/08 Canada rail union launches court challenges to back-to-work order

The union representing workers at Canada's two main rail companies said on Friday it had filed court challenges against rulings by the country's industrial labor board that forced them back to work.

29/08 Automaker Ford to modify diversity policy, internal memo says

Automaker Ford Motor said on Wednesday it will change its diversity, equity and inclusion program, including ending participation in an LGBTQ advocacy group's ranking system, joining several U.S. companies that have redefined those programs amid pressure from conservative groups.

28/08 US companies tweak diversity policies as challenges mount

More U.S. companies are modifying their diversity, equity, and inclusion (DEI) programs meant to boost racial and ethnic representation at workplaces amid rising pressure from conservative groups.

27/08 Hindenburg takes aim at AI server maker Super Micro with short position

Hindenburg Research on Tuesday disclosed a short position in Super Micro Computer and alleged "accounting manipulation" at the AI server maker, the latest by the short seller whose reports have rocked several high-profile companies.

27/08 Norway labour unions end strike at airline SAS

Scandinavian airline SAS has agreed to a wage deal with cabin crew in Norway, ending strike action that grounded many flights since late last week, two labour unions said on Tuesday.

25/08 Canadian rail decision is a win for federally-regulated companies, union leader says

A decision obliging more than 9,000 Canadian rail workers to stay on the job is a win for the railways and could impact bargaining in other federally regulated sectors like aviation, the head of a Canadian rail workers' union told Reuters.

25/08 Canada labor board orders end to railway work stoppage

The board imposed binding arbitration on the companies and the worker's union to reach new deals and to impose a continuation of the existing contracts until they reach agreements.

22/08 Sweden and Denmark to pressure tech platforms over gang crime ads

Sweden and Denmark will summon tech companies over ads on their platforms that are posted by gangs to recruit young Swedes to commit violent crimes in the Nordics, the justice ministers of the two countries said on Wednesday.

20/08 Disney agrees to have Florida wrongful death lawsuit decided in court

Walt Disney Co on Monday agreed to have a court decide a wrongful death lawsuit brought by a widower in Florida, after earlier arguing the case belonged in arbitration because the man signed up for a trial of streaming service Disney+ in 2019.

20/08 Argentina judge halts deforestation of Chaco forest in rare move

An Argentine federal judge on Monday ordered a three-month suspension of deforestation in northern Chaco province, a rare step to protect one of the world's woodland ecosystems that is most rapidly being destroyed to make way for farmland.

19/08 Hard-pressed Kenyan drivers defy Uber's algorithm, set their own fares

In eight years of working as a taxi driver in Kenya's capital, Judith Chepkwony has never seen business this bad.

19/08 For Black Britons, UK riots leave lasting scars

The violence was ostensibly aimed against Muslims, immigrants and the police after misinformation about a deadly knife attack on young girls spread online. But it morphed into a much wider threat that has left the Black community shaken.

17/08 Foxconn chief defends India hiring after report that it rejects married women

Reuters reported in June that Foxconn systematically excluded married women from jobs at its main India iPhone assembly plant.

12/08 Britain's CEOs get record pay in 2023, research shows

The bosses of Britain's biggest companies enjoyed record pay in 2023, with nine firms offering them packages of more than 10 million pounds ($12.75 million), research on Monday showed, as British workers argue for higher wages.

06/08 Exclusive: LVMH's Dior lagged on supply chain disclosure, made outdated ESG claim

LVMH's second-largest fashion brand Dior was until last month behind on disclosures required by UK law about working conditions in its supply chain, and made outdated statements on its website of a third-party certification that it terminated more than a year ago, Reuters has found.

12/07 Amazon must comply with US agency's pregnancy bias probe, judge rules

A New York federal judge has ordered Amazon.com to comply with a subpoena from a U.S. civil rights agency investigating claims that the online retailer discriminated against pregnant warehouse workers.

03/07 Exclusive: Indian officials visit Foxconn iPhone plant, question executives about hiring

Indian labour officials visited a Foxconn factory in the country's south this week and questioned executives about the company's hiring practices, an official said, after Reuters reported that the major Apple supplier has been rejecting married women from iPhone assembly jobs.

03/07 Fearless Fund: Diversity funds and Black founders feel chill

Just weeks after a U.S. appeals court blocked a Black-owned venture capitalist from funding women-of-color-led businesses, the ruling has had a chilling effect across the small industry of diversity-focused venture capital funds, according to founders, investors and lawyers who spoke to Reuters.

02/07 US Supreme Court rejects challenge to workplace safety agency

The U.S. Supreme Court declined on Tuesday to hear a challenge by an Ohio company to the power of the federal workplace safety regulator as the justices avoided another legal effort to pare back the authority of federal agencies.

01/07 India human rights body says Reuters story on Foxconn hiring raises discrimination concerns

India's human rights watchdog said on Monday it had asked government officials to examine reported discrimination by Foxconn, after a Reuters investigation found the major Apple supplier has been rejecting married women from iPhone assembly jobs in the country.

28/06 Women's wing of Modi's party calls for probe into Foxconn India hiring practices

The women's wing of Indian Prime Minister Narendra Modi's ruling party on Friday urged the National Commission for Women to launch an investigation after Reuters reported that Apple supplier Foxconn rejects married women from iPhone assembly jobs in the country.

26/06 Modi's govt calls on Indian state to look into Reuters report on Foxconn hiring

Indian Prime Minister Narendra Modi's government on Wednesday said it has asked the Tamil Nadu state to submit a "detailed report" after a Reuters story revealed that Apple supplier Foxconn rejected married women from iPhone assembly jobs in the country.

25/06 Uber beats lawsuit alleging race bias in driver ratings

A U.S. appeals court on Monday tossed out a proposed class action claiming Uber Technologies' policy of terminating drivers with low passenger ratings is racially discriminatory.

21/06 Honda accused by US agency of illegal union-busting at Indiana plant

Honda has been accused by the National Labor Relations Board of violating the rights of workers at a Greensburg, Indiana, factory by illegally cracking down on union organizing, an agency spokeswoman said on Thursday.

12/06 Elon Musk targeted in lawsuit alleging sex bias, unfair firings at SpaceX

Rocket maker SpaceX and its CEO Elon Musk were sued on Wednesday by eight engineers who say they were illegally fired for raising concerns about alleged sexual harassment and discrimination against women.

11/06 Exclusive: Italian prosecutors probing supply chain of around a dozen more fashion brands -source

Prosecutors in Milan are investigating the supply chain of around a dozen more fashion brands, a person with knowledge of the matter told Reuters, after a unit of France's LVMH in Italy was placed under court administration in a worker exploitation probe.

04/06 Japanese authorities inspect Toyota HQ over certification irregularities

Japanese transport ministry officials launched an on-site investigation at Toyota Motor's headquarters on Tuesday after irregularities were found in its applications to certify certain vehicle models.

28/05 Some Norwegian Air pilots threaten to strike from June 1

Around 17 Norwegian Air pilots plan to take strike action from June 1 if wage negotiations fail later this week, a government-appointed mediator said on Tuesday, in what could be the first step towards broader industrial action during the busy summer season.

27/05 Fewer top women earners in British finance since pandemic, report says

Women make up a smaller proportion of top earners in British financial and professional services than before the COVID-19 pandemic, research from the London School of Economics and Political Science (LSE) showed on Monday.

21/05 Caterpillar to pay $800,000 to resolve racial discrimination case, says Labor Dept

Heavy equipment company Caterpillar has agreed to pay $800,000 to resolve allegations of systemic hiring discrimination against Black applicants at an Illinois plant, the U.S. Labor Department said on Tuesday.

21/05 Exclusive: Conservative investor pulls JPMorgan resolution, cites changes addressing 'politicized finance'

A conservative shareholder has withdrawn a resolution filed for a vote at Tuesday's annual meeting of JPMorgan, according to the investor's representative, who said the move reflects changes the Wall Street bank has made to take more account of diverse viewpoints.

15/05 US FDIC Chair Gruenberg apologizes for agency culture, commits to fixes

U.S. Federal Deposit Insurance Corporation Chairman Martin Gruenberg on Wednesday said he was deeply sorry for a toxic workplace culture and his own mistreatment of employees.

15/05 Exclusive: Bank of America banker who died had sought to leave, citing long hours, recruiter says

The 35-year-old Bank of America investment banker who died from a blood clot earlier this month wanted to leave the U.S. bank because he was working more than 100 hours a week, according to an executive recruiter who spoke with him about seeking a new job.

14/05 US FDIC's Gruenberg to create office to address workplace conduct issues

The head of the Federal Deposit Insurance Corporation plans to tell Congress he will establish a new, independent office devoted to professional conduct after an external review found comprehensive mistreatment of employees at the U.S. bank regulator under his watch.

13/05 Abuses documented in FDIC sexual misconduct report unacceptable, Yellen says

U.S. Treasury Secretary Janet Yellen on Monday said abuses documented in a report on workplace problems at the U.S. Federal Deposit Insurance Corporation were totally unacceptable and not in line with the Biden administration's core values.

13/05 Massachusetts takes Uber, Lyft to trial over status of gig workers

Uber Technologies and Lyft are set to face trial on Monday in a U.S. lawsuit by Massachusetts' attorney general alleging the ride-share companies misclassified their drivers as independent contractors rather than more costly employees.

12/05 Vatican Museums staff start unprecedented legal action over labour conditions

The action could lead to an embarrassing lawsuit against Pope Francis' administration.

09/05 NYC sued for denying gay employees in vitro fertilization coverage

New York City was hit with a lawsuit on Thursday claiming it discriminates against gay male city employees by only covering the costs of in vitro fertilization for women and heterosexual couples.

09/05 Distrust in FDIC leadership drives more staff to consider exits, data shows

Staff trust in the Federal Deposit Insurance Corporation's leadership has fallen sharply to well below government averages, with a growing number of workers considering leaving the agency, the latest FDIC staff survey data obtained by Reuters shows.

06/05 Massachusetts top court to hear challenges to gig worker ballot measures

The top Massachusetts court on Monday is set to consider whether the state's voters will get to decide two ballot proposals in November that would redefine the relationship between app-based companies like Uber Technologies and Lyft and their drivers - one backed by industry and the other by labor.

05/05 Berkshire shareholders reject climate, diversity, China proposals

Berkshire Hathaway Inc shareholders on Saturday overwhelmingly rejected six proposals addressing environmental and social policy issues at Warren Buffett's conglomerate, all of which the billionaire investor and his board opposed.

03/05 Status of Uber, Lyft gig workers hinges on Massachusetts court fight

Massachusetts has become the latest front in a years-long battle in the United States over whether ride-share drivers for Uber and Lyft should be treated as independent contractors or employees entitled to benefits and wage protections.

01/05 Ex-Google workers say firings for protesting Israel contract were illegal

A group of workers at Alphabet Inc's Google have filed a complaint with a U.S. labor board claiming the tech company unlawfully fired about 50 employees for protesting its cloud contract with the Israeli government.

26/04 CVS Omnicare staff in Las Vegas vote to join new union

Staff at CVS Health's unit Omnicare in Las Vegas voted to join the Pharmacy Guild, becoming the first location at the national pharmacy chain to join the union.

26/04 Daimler Truck faces imminent strike by over 7,300 US workers

Daimler Truck must reach a new labor contract with over 7,300 hourly workers at six facilities in the U.S. South by the end of Friday or face a possible strike by the United Auto Workers (UAW) union members.

25/04 Microsoft-backed Rubrik's stock jumps nearly 21% in NYSE debut

Rubrik's shares rose nearly 21% in their debut on the New York Stock Exchange on Thursday, giving the Microsoft-backed cybersecurity firm a valuation of $6.77 billion.

22/04 Citi managing director details 'pervasive' sexual harassment in lawsuit

A Citigroup managing director said the bank failed to protect her from a supervisor's violent threats and abuse because of its "pervasive" culture of sexual harassment and gender discrimination, according to an amended legal filing on Monday.

19/04 Google scraps minimum wage, benefits rules for suppliers and staffing firms

Alphabet Inc's Google on Friday said it will roll back requirements that U.S. suppliers and staffing firms pay their employees at least $15 an hour and provide health insurance and other benefits, a move that could allow the tech giant to avoid bargaining with unions.

16/04 Native American group seeks to overturn US court ruling on Rio's Arizona copper mine

A Native American group has asked all members of a U.S. appeals court on Monday to overturn an earlier ruling that granted land to Rio Tinto , for a copper mine in Arizona, saying the land was sacred and culturally significant.

15/04 Microsoft-backed Rubrik aims to raise as much as $713 mln in IPO, source says

Cybersecurity software firm Rubrik, which counts Microsoft among its prominent investors, is aiming to raise as much as $713 million in its initial public offering, according to a person familiar with the matter.

14/04 When Facebook blocks news, studies show the political risks that follow

Since Meta blocked links to news in Canada last August to avoid paying fees to media companies, right-wing meme producer Jeff Ballingall says he has seen a surge in clicks for his Canada Proud Facebook page.

13/04 Climate targets group trustees seek to calm governance storm

Trustees of a climate targets verification group at the centre of a governance storm on Friday sought to assuage concern over their plan to allow offsetting of companies' supply chain emissions.

05/04 Women in UK finance earn a third less than male colleagues, data shows

Some of Britain's top financial firms pay women 28.8% less on average than male counterparts, salary data from 21 companies reviewed by Reuters shows, even though they say they are striving to hire more females for higher-paid, senior roles.

31/03 Swatch buyers in China hesitate over higher prices, CEO says

The Chinese market is likely to be difficult until the end of the year with consumers hesitating over higher prices, the chief executive of Swiss watchmaker Swatch Group was quoted as saying in a newspaper interview.

30/03 Canada's mild winter disrupts key ice road to remote Arctic diamond mines

An unusually warm winter in Canada this year has delayed the opening of a 400-kilometer (250-mile) ice road that is rebuilt every year as the main conduit for Rio Tinto , Burgundy Mines , and De Beers to access their diamond mines in the remote Arctic region.

28/03 UBS looks to keep, grow shipping loans in post-merger green overhaul

UBS will look to increase lending to the shipping sector and run off some loans to fossil fuel clients inherited from Credit Suisse, executives told Reuters, in the biggest test yet of the impact of a mega-merger on banks' sustainability commitments.

25/03 Singapore ex-Transport Minister faces 8 new charges in graft case

Singapore's former Transport Minister S. Iswaran was handed eight more charges in a corruption case on Monday, the anti-graft body said, in one of the city-state's highest-profile corruption scandals.

23/03 Chick-fil-A rolls back commitment to antibiotic-free chicken

Chick-fil-A announced it is allowing certain antibiotics in its chicken, overturning a commitment it made in 2014.

21/03 SpaceX forced workers to sign illegal severance agreements, US agency claims

Elon Musk's SpaceX has been accused by a U.S. labor agency of requiring employees who were laid off or fired from the rocket and satellite maker to sign unlawful agreements barring them from disparaging the company and joining class-action lawsuits against it.

07/03 Japan's new female 'role models' seek to empower other women

Tokyo Governor Yuriko Koike knows how important networking and mentorship are to building a career, so she's making sure her administration offers women these opportunities.

06/03 Exclusive: Panera loosens animal welfare, ingredients standards ahead of IPO, internal documents show

Fast-food chain Panera Bread has loosened its standards for animal welfare and so-called clean ingredients in its food ahead of a planned IPO, according to internal company documents seen by Reuters.

06/03 SpaceX worker alleges severe sex bias, retaliation in US lawsuit

Rocket maker SpaceX is being accused in a new lawsuit of refusing to promote a female production worker, paying her less than male colleagues and retaliating against her for reporting sexual harassment by her manager.

05/03 SpaceX faces hearing on engineers fired after criticizing Elon Musk over sexism

Rocket maker SpaceX on Tuesday will appear before a U.S. labor board judge to face claims that it fired eight engineers for criticizing CEO Elon Musk and accusing him of sexist conduct in a letter to company executives.

04/03 Exclusive: Proxy adviser ISS expands offerings for 'ESG skeptic' clients

Institutional Shareholder Services (ISS), the influential proxy adviser majority owned by Deutsche Boerse that recommends how shareholders should vote in corporate elections, will offer a new "ESG skeptic" option, according to executives.

02/03 In blow to Native Americans, US court approves land swap for Rio's Arizona copper mine

A U.S. appeals court on Friday narrowly ruled that the federal government may give away thousands of acres in Arizona to Rio Tinto for a copper mine, upholding a previous ruling and rejecting an argument from Native Americans that the land should be preserved for its religious and cultural value.

01/03 Strikes bring public transport to near standstill across Germany

Buses, trams and underground trains stood idle across most of Germany on Friday at the culmination of a week of staggered public transport strikes triggered by disputes over working hours.

01/03 Proxy advisor ISS backs Starbucks in board challenge from labor group

Institutional Shareholder Services, a proxy advisory firm, on Thursday threw its support behind Starbucks Corp , recommending investors elect all of management's directors in a board fight over worker pay and the coffee chain's stock price.

29/02 Tesla must face class action claims by 6,000 US workers in race bias case

A California state judge tentatively ruled that nearly 6,000 Black factory workers can sue Tesla as a group for the electric vehicle maker's alleged failure to address rampant race discrimination and harassment at its Fremont plant.

29/02 Companies walk ESG tightrope, under fire from all sides over disclosures

Since joining Asahi Group in 2020 as sustainability chief, Preeti Srivastav has helped the Japanese brewer make several environmental and social pledges but has not got it to disclose all its progress.

24/02 Jury says ex-NRA chief LaPierre mismanaged gun rights group, cost it $5.4 million

A New York state jury found that former National Rifle Association chief Wayne LaPierre mismanaged the gun rights group and cost it $5.4 million, ruling in a civil corruption case brought by New York's attorney general.

16/02 Exclusive: Mondelez revamps European operations after boycotts over Russian business, internal memos show

Oreo cookie-maker Mondelez put new management in place at its profitable Russian business this week, according to two internal company memos seen by Reuters that reveal fresh details of a corporate overhaul in Europe.

08/02 Ex-TikTok executive claims she was fired for reporting sex, age bias

A former top marketing executive at TikTok sued the social media company and its China-based parent ByteDance on Thursday, claiming she had been forced out of her job after she complained about sex, age and disability discrimination.

08/02 Religious investors urge Exxon to drop lawsuit against activist shareholders

A group of religious investors urged Exxon Mobil to drop a lawsuit against climate activists, saying in a letter to the energy company's board seen by Reuters on Thursday that the action is a broad threat to shareholder rights.

07/02 Fired 'Mandalorian' actor sues Disney with funding from Elon Musk

Actor Gina Carano sued Walt Disney for wrongful termination from Star Wars series "The Mandalorian" in a lawsuit filed on Tuesday and backed by billionaire Elon Musk.

06/02 SpaceX probed by California over sex bias, retaliation claims

SpaceX is being investigated by a California civil rights agency over allegations that the rocket and satellite maker and CEO Elon Musk have failed to address rampant discrimination and sexual harassment against female employees.

02/02 Labor-backed group sues to block Massachusetts gig worker ballot proposal

A labor-backed coalition on Thursday filed a lawsuit seeking to block an industry-supported bid to ask Massachusetts voters to decide whether ride-share and delivery drivers for companies like Uber and Lyft should be treated as independent contractors rather than employees.

29/01 Activist investors fret over Exxon Mobil's lawsuit bypassing US regulator

Investors that use shareholder resolutions to pressure companies on environmental and social issues said they are worried that an Exxon Mobil lawsuit bypassing the U.S. securities regulator could undermine their influence.

28/01 Guterres: UN to punish staffers involved in 'terror,' urges UNRWA funding

United Nations Secretary-General Antonio Guterres vowed on Sunday to hold to account "any U.N. employee involved in acts of terror" after allegations that some refugee agency staffers were involved in the Oct. 7 Hamas attacks on Israel.

27/01 Countries pause funding for UN refugee agency in Gaza

Britain, Italy and Finland on Saturday became the latest countries to pause funding for the United Nations' refugee agency for Palestinians (UNRWA), following allegations its staff were involved in the Oct. 7 Hamas attacks on Israel.

25/01 GM Cruise robotaxi unit faces US probes over dragging incident, vows reforms

GM's Cruise self-driving car unit on Thursday revealed U.S. Justice Department and Securities and Exchange Commission probes stemming from an October accident in which one of its robotaxis dragged a pedestrian who had been struck by another car.

24/01 Investor group turns up heat on mining tailings dam laggards

A group of investors managing more than $25 trillion said they plan to challenge mining companies that have not yet committed to a tailings dam best-practice standard and may vote against management at upcoming annual meetings.

23/01 Southwest Airlines flight attendants vote to approve strike authorization

Southwest Airlines flight attendants voted to approve a strike against the carrier, the Transport Workers Union of America Local 556 union said on Tuesday.

18/01 Singapore minister charged with corruption in rare case

Singapore's former Transport Minister S. Iswaran has been charged in court for graft, the anti-corruption agency said on Thursday, in one of the most high-profile graft cases involving a minister in the Asian financial hub in decades.

15/01 As Davos crowd gathers, governments urged to rein in 'billionaire class'

The combined fortunes of the world's five richest men have more than doubled to $869 billion since 2020 while five billion people have been made poorer, anti-poverty group Oxfam said.

06/01 UAW reaches agreement with auto parts maker Allison Transmission

The United Auto Workers (UAW) union has reached an agreement with auto parts maker Allison Transmission Holdings Inc over a tentative labor deal covering 1,500 workers in Indianapolis, the labor group said on Friday.

04/01 Former Harvard head said she was called 'N-word,' got death threats

Former Harvard President Claudine Gay said she received emailed death threats and was called the "N-word" countless times prior to resigning after her congressional testimony on antisemitism and plagiarism allegations.

03/01 SpaceX illegally fired workers critical of Elon Musk, US labor agency says

Rocket and satellite maker SpaceX on Wednesday was accused by a U.S. labor agency of unlawfully firing eight employees for circulating a letter calling founder and CEO Elon Musk a "distraction and embarrassment."

02/01 Unions poised to capitalize on U.S. labor board rulings that bolstered organizing

The coming year will reveal the full impact of a U.S. labor board's recent rulings that were seen as providing a major boost to union organizing and whether those changes can withstand legal challenges amid a series of high-profile labor campaigns.

05/12 US Supreme Court throws out decision reviving disability bias lawsuit

The U.S. Supreme Court on Tuesday threw out a lower court's decision that had let a Florida woman pursue a lawsuit accusing a Maine hotel of omitting details on its reservation website about accessibility features for people with disabilities even though she had no intention of booking a room there.

04/12 DeSantis board accuses Disney of controlling previous one with gifts

The board appointed by Florida Governor Ron DeSantis to oversee Walt Disney's theme parks accused the company of giving a previous local board and its employees millions of dollars' worth of tickets, discounted hotel stays, merchandise and other benefits that were "akin to bribes of public officials."

04/12 COP28 crowds: a dangerous distraction or sign of success?

Flashy country pavilions, corporate-sponsored cocktail parties and a smorgasbord of side events have turned the annual U.N. climate summit into what some say is a trade show or circus.

04/12 Climate finance takes centre stage at COP28 climate talks

Money pledges are grabbing the spotlight at COP28 in Dubai, and more were expected on Monday as delegates turned their focus to the yawning gap in how much climate finance is needed and what's on tap.

03/12 Exclusive: Top development banks at COP28 vow to up climate game, quiet on fossil fuels - document

Ten of the world's top development banks pledged to step up their climate efforts at the COP28 summit, yet failed to say anything about halting financing for fossil fuel projects, a document seen by Reuters showed.

28/11 Meta says it will appeal US judge's ruling in privacy fight with FTC

Meta Platforms , which owns WhatsApp, Instagram and Facebook, said on Tuesday it would appeal a judge's ruling that a U.S. regulator can seek to reduce the amount of money the social media company makes from users under 18.

28/11 Citizens in richer countries back climate help for vulnerable - EIB poll

Citizens in Europe, the United States, China and Japan believe their countries should compensate poorer nations to help address the impact of climate change, a European Investment Bank poll of more than 30,000 people shared with Reuters showed.

27/11 Amazon agrees deal with most Spanish workers over Cyber Monday walkout

Amazon reached an agreement with most of its workers in Spain on Monday, avoiding the full impact of a planned one-hour strike per shift on one of the busiest online shopping days of the year, according to local union group CCOO and the company.

22/11 Labor group seeks three board seats at Starbucks - sources

The Strategic Organizing Center, a coalition of North American labor unions, is seeking three board seats at Starbucks , people familiar with the matter told Reuters on Tuesday.

21/11 X sues Media Matters after report about ads next to antisemitic content

Messaging platform X on Monday sued media watchdog group Media Matters, alleging the organization defamed the platform after it published a report that said ads for major brands had appeared next to posts touting Nazism.

20/11 Nissan Motor hiking wages at US auto plants after UAW deal

Nissan Motor will hike top wages for workers at U.S. manufacturing plants by 10% in January after the United Auto Workers union reached new contracts with the Detroit Three automakers, a company spokesperson said on Monday.

20/11 Amazon's logistics workers in Spain plan Cyber Monday walk-outs

Spanish union CCOO on Monday called on 20,000 warehouse and delivery workers at Amazon's local unit to stage a one-hour strike on each shift on Nov. 27, a date known by retailers as 'Cyber Monday', and the same on the following day to demand better wages and working conditions.

10/11 Wynn Resorts reaches deal with Las Vegas unions, avoiding strike

Hospitality workers in Las Vegas reached a tentative labor deal with Wynn Resorts hours before a strike deadline, their unions said on Friday, ending the threat of a labor stoppage against casino operators that could have crippled tourism in the city.

10/11 Loans linked to ESG face overhaul by under-pressure banks

Corporate loans whose costs are linked to environmental, social and governance (ESG) goals are being redesigned by banks in response to rising regulatory pressure and to inject more credibility into a market they hope to grow.

09/11 Apple agrees to $25 million settlement with US over hiring of immigrants

Apple Inc will pay to settle claims by the U.S. Department of Justice that the company illegally favored immigrant workers over U.S. citizen and green card holders.

09/11 Business groups sue US labor board to block contract, franchise worker rule

Several major U.S. business groups sued a federal labor board on Thursday, seeking to strike down a rule treating many companies as employers of contract and franchise workers and requiring them to bargain with their unions.

09/11 Costa Rica arrests 8 bank employees in probe of $6 million heist

Costa Rican authorities detained eight employees from the country's largest commercial bank on Wednesday in connection to the theft of more than $6 million, the biggest crime in the bank's 109-year history.

07/11 Indian journalist targeted with NSO spyware, anti-corruption group says

Government-backed hackers tried to plant spyware made by NSO Group on the iPhone of an Indian journalist working for the Organized Crime and Corruption Reporting Project (OCCRP) in August, the organization’s co-founder said on Monday.

03/11 Australia's Qantas lashed by shareholders after turbulent year

Shareholders of Australia's Qantas Airways voted overwhelmingly to reject the airline's executive pay plans at its annual meeting on Friday, a final show of frustration after one of the company's most reputationally damaging years.

02/11 Uber, Lyft to pay $328 million to settle New York wage theft claims

Uber and Lyft will pay a combined $328 million to settle claims by New York's attorney general that the ride-sharing companies systematically cheated drivers out of pay and benefits.

30/10 Pharmacy staff from CVS, Walgreens stores in US plan 3-day walkout

Thousands of employees at CVS Health Corp and Walgreens Boots Alliance's U.S. pharmacies are planning a three-day walkout starting Monday, in an attempt to get the companies to improve working conditions and recruit more people, among other issues.

30/10 UAW's record deal could boost others' wages as labor notches another victory

The tentative agreement reached between the United Auto Workers and two of the Detroit Three automakers marks another victory for labor unions that have turned up the pressure on big corporations to put better deals on the table.

27/10 Republican-led US states appeal ruling allowing Biden ESG investing rule

A group of Republican-led U.S. states on Thursday said they would appeal a Texas-based federal judge's decision rejecting their challenge to a rule from President Joe Biden's administration allowing employee retirement plans to consider environmental, social and governance (ESG) issues in investment decisions.

17/10 Corporate Australia takes Indigenous support into its own hands after poll defeat

Top Australian companies that backed constitutional recognition of Indigenous people said they respected voters' rejection of the change but would now take their own steps to try to improve opportunities for the country's first inhabitants.

17/10 Tyson Foods workers, activists protest child labor in US meat sector

Tyson Foods workers and activists rallied outside the U.S. meat company's headquarters in Arkansas on Monday to protest the industry's use of child labor and push for improved working conditions in processing plants.

14/10 Musk's X illegally fired worker challenging office return -US labor board

Elon Musk's X illegally fired an employee in retaliation for her internet posts challenging its return-to-office policy, the U.S. labor board alleged on Friday.

11/10 Affirmative action opponent drops case over law firm's diversity fellowship

A group founded by a prominent anti-affirmative action activist on Wednesday dropped a lawsuit challenging a U.S. law firm's fellowship program designed to help bolster diversity within its ranks after the firm changed its application criteria.

09/10 Kaiser healthcare union says week-long strike possible early next month

The union for tens of thousands of workers at Kaiser Permanente, a leading non-profit hospital network and managed-care organization, said it may hold a one-week strike starting Nov. 1, following up on its recent 3-day strike.

09/10 Ex-Starbucks CEO Schultz illegally threatened union supporter, NLRB judge rules

Former Starbucks Corp CEO Howard Schultz violated federal labor law by telling a barista in California who questioned the coffee chain's response to union organizing to "go work for another company," a National Labor Relations Board judge has ruled.

06/10 Second major US law firm changes diversity fellowship after lawsuit

A major U.S. law firm has changed its criteria for a fellowship aimed at promoting diversity in the legal profession, marking the second time a firm has done so in the face of a challenge to such a program by a prominent anti-affirmative action activist.

04/10 Ex-Tesla factory worker loses bid for new trial in race bias case

A Black former factory worker for Tesla lost his bid on Wednesday for a third trial in his race discrimination lawsuit against the electric carmaker, after a California federal judge rejected his claims that the company's lawyers had engaged in misconduct and tainted his trial.

04/10 US Supreme Court mulls limiting disability bias lawsuits

U.S. Supreme Court justices on Wednesday raised concerns about lawsuits targeting hotels and other places of lodging for omitting details in their reservation systems about accessibility features for people with disabilities, but indicated they might opt not to decide the case.

03/10 Novo Nordisk owner sees chance to go public will open within 18 months

The CEO of Novo Holdings, the controlling shareholder in drugmaker Novo Nordisk , said on Tuesday he sees the window for initial public offerings (IPOs) opening within 18 months and is encouraging portfolio companies to get ready.

03/10 Banks behind 70% jump in greenwashing incidents in 2023 -report

The number of instances of greenwashing by banks and financial services companies around the world rose 70% in the past 12 months from the previous 12 months, a report on Tuesday showed.

02/10 Insight: Flexible hours, sick pay and meals, British workers get a better deal

For Josh Hughes-Davies, the best thing about his job in a bar in the coastal city of Brighton is the free meal with every shift.

02/10 Barclays challenges ruling it 'retaliated' against whistleblower in India

Barclays is seeking to overturn a ruling by an Indian court that found the British bank had retaliated against a whistleblower, legal filings show.

30/09 Detroit casino workers approve strike authorization at three casinos

Workers at three Detroit casinos have voted in favor of authorizing a strike, if necessary, the United Auto Workers (UAW) union said on Saturday.

28/09 Tesla sued by US agency over alleged harassment of Black factory workers

A U.S. civil rights agency sued Tesla Inc on Thursday, claiming the electric carmaker has tolerated severe harassment of Black employees at its flagship Fremont, California, assembly plant.

28/09 California minimum wage for fast food workers raised to $20 an hour

Fast food workers in California will earn a minimum of $20 an hour starting in April under a new bill signed into law on Thursday by Governor Gavin Newsom.

26/09 JPMorgan settles Epstein lawsuit with US Virgin Islands for $75 million

JPMorgan Chase reached settlements with the U.S. Virgin Islands (USVI) and former executive Jes Staley to resolve lawsuits over sex trafficking by the disgraced financier Jeffrey Epstein, largely resolving a scandal that has weighed on the largest U.S. bank for months.

25/09 US senators pressure Treasury to get more aggressive on climate crisis risks

Elizabeth Warren, Bernie Sanders and four other U.S. senators are pressuring the U.S. Treasury Department to step up oversight and offer more guidance to financial institutions on addressing climate change risks threatening the U.S. financial system.

22/09 From UPS to Detroit Three automakers, US labor unions flex muscle

A tight U.S. labor market, the expiry of union contracts and high living costs have led to tough negotiations for pay hikes and benefits from workers and triggered strikes and protests across industries.

22/09 Apple workers in France stage strike over work conditions on iPhone 15 launch day

Workers at Apple stores in France began a nationwide strike over pay and working conditions on Friday in a protest designed to coincide with the launch of the iPhone 15.

22/09 US judge will not block Biden rule on socially conscious investing

A federal judge in Texas on Thursday rejected a bid by 25 states to block a Biden administration rule allowing employee retirement plans to consider environmental, social and governance (ESG) issues in investment decisions.

21/09 Breakingviews - Breakingviews: Rupert Murdoch will redefine chair emeritus

Rupert Murdoch is tiptoeing slowly out the door. The 92-year-old media baron will relinquish his role as co-chair of the boards at both $15 billion Fox and $12 billion News Corp , the remnants of the empire he built. The decision at least solidifies succession plans, but there can be little doubt that his chairman emeritus title will be more than just a retirement honorific.

19/09 Walmart ignored rampant sexual harassment at West Virginia store, EEOC claims

The U.S. Equal Employment Opportunity Commission (EEOC)on Tuesday accused Walmart Inc of failing to put an end to severe sexual harassment of female workers by the manager of a West Virginia store and of firing a woman after she complained to the commission.

19/09 Business group standards aim to help firms account for nature-related risks

An international working group of 40 business and finance executives on Monday presented companies with guidelines on explaining to investors their dependence on ecosystems in a bid to better manage nature-related risks.

18/09 S. Korea opposition leader hospitalised after hunger strike, prosecutors seek arrest

South Korea's main opposition leader was hospitalised on Monday, days into a hunger strike in protest against government policies, while prosecutors sought an arrest warrant for him over corruption allegations.

15/09 Ukraine security agency confirms new allegations against magnate Kolomoisky

Ukrainian business magnate Ihor Kolomoisky has been served with notice of a third set of allegations following his detention on suspicion of fraud and money laundering, the Security Service of Ukraine (SBU) said on Friday.

13/09 UAW president says union still seeking big pay hikes

United Auto Workers (UAW) union President Shawn Fain said on Wednesday the union is still seeking significant pay hikes as talks continue with the Detroit Big Three automakers, a day before four-year labor deals are set to expire.

12/09 Nike investors reject pay equity, human rights proposals

Nike investors voted against two shareholder-led proposals during the sportswear giant’s annual meeting on Tuesday, according to a preliminary tally by the company.

12/09 US auto labor talks intensify near strike deadline

Talks between the Detroit Three automakers and United Auto Workers union are nearing a Thursday night deadline to reach a deal on a new contract before a potential walkout by 146,000 U.S. autoworkers.

12/09 From UPS to Detroit Three automakers, US labor unions flex muscle

A tight U.S. labor market, expiration of cyclical contracts and high living costs have triggered tough negotiations for pay hikes and other benefits by workers and strikes and protests across industries.

12/09 UPS estimates new contract with Teamsters to increase costs 3.3%

Parcel Service said on Monday its new five-year contract covering some 340,000 Teamsters-represented workers in the United States would increase wage and benefit costs at a 3.3% compound annual growth rate over the life of the agreement.

11/09 Nike urged to backpay garment workers ahead of annual meeting

More than a dozen investors are calling on Nike to pay garment workers in Cambodia and Thailand that a labor rights group said lost wages after COVID-19 factory shutdowns, according to a Sept. 7 letter to Nike's CEO John Donahoe seen by Reuters.

07/09 GM employee's racial bias lawsuit is revived over NY plant where nooses were displayed

General Motors was ordered by a federal appeals court on Thursday to defend against claims by a Black safety supervisor, who said she endured years of racism and sexism at an upstate New York plant where other workers displayed Confederate flags and nooses.

06/09 European shareholders contest more executive pay reports

European shareholders are increasingly contesting corporate executive pay reports, data showed on Wednesday, as investors unhappy with companies' approach to environmental and social issues vote against director remuneration.

04/09 Chevron poised for mediation talks to avert Australia LNG strike

Mediation talks to avert strikes at U.S. energy major Chevron's two major liquefied natural gas (LNG) facilities in Australia began on Monday after workers rejected the company's offer on wages and working conditions last week.

02/09 US judge throws out two soccer bribery convictions

A U.S. judge has thrown out the convictions of a former Fox executive and an Argentine sports marketing company for attempting to bribe soccer officials in exchange for lucrative broadcasting contracts.

01/09 India's Vedanta lobbied to weaken environmental regulations during pandemic - report

India's Vedanta ran a "covert" lobbying campaign to weaken key environmental regulations during the COVID-19 pandemic, the Organised Crime and Corruption Reporting Project (OCCRP) said in an article on Thursday.

30/08 Factbox: From UPS to Detroit Three automakers, US labor unions flex muscle

A tight U.S. labor market, expiration of cyclical contracts and high living costs have triggered tough negotiations for pay hikes and other benefits by workers and strikes and protests across industries.

29/08 Unilever beats shareholder case over Ben & Jerry's Israel boycott

A Manhattan federal judge dismissed a lawsuit against Unilever Plc on Tuesday that claimed the company misled U.S. investors by not immediately disclosing a decision by its Ben & Jerry's unit to stop selling ice cream in Israeli-occupied Palestinian territories.

29/08 Chevron's Australia LNG ops could face daily 10-hr stoppages as union fight escalates

Chevron's two major liquefied natural gas (LNG) production facilities in Australia could face daily work stoppages of up to 10 hours next week after unions on Tuesday threatened labour action in a dispute over pay and conditions.

24/08 US sues star chef Thomas Keller's Bouchon Las Vegas, alleging sexual harassment

A Las Vegas restaurant whose parent is led by Michelin-starred chef Thomas Keller was sued on Thursday by a U.S. government agency, which accused managers of sexually harassing female and male employees on a daily basis.

24/08 US sues SpaceX, alleges hiring discrimination against asylum seekers, refugees

The U.S. Justice Department sued Elon Musk-owned rocket and satellite company SpaceX on Thursday for allegedly discriminating against asylum seekers and refugees in hiring.

22/08 UPS Teamsters ratify contract, eliminating US strike risk

U.S. workers at United Parcel Service have ratified a new five-year contract, the Teamsters union said on Tuesday, closing the door on a potential strike that could have put timely Christmas deliveries in doubt and sent shipping costs soaring.

22/08 Lawsuit says Gannett discriminates against white workers to meet diversity goals

Gannett Co Inc , the largest U.S. newspaper publisher, is facing a lawsuit claiming its efforts to diversify newsrooms led to discrimination against white workers.

18/08 Austrian ex-chancellor Kurz charged with giving false testimony - prosecutors

Former Austrian chancellor Sebastian Kurz has been charged with giving false testimony before parliament, the Austrian prosecutor's office for economic crimes and corruption said on Friday.

18/08 Ex-Trump administration officials target corporate diversity efforts

Activision Blizzard Inc and Kellogg Co have joined a growing list of major U.S. companies to face claims from a group founded by former Trump administration officials that efforts to diversify their workforces amount to illegal discrimination.

15/08 Complaint filed over US judge's 'strange' Southwest religious liberty training order

A judicial reform advocacy group on Tuesday filed a complaint accusing a Texas federal judge of engaging in misconduct by taking the "strange" step of requiring three attorneys for Southwest Airlines to attend "religious liberty training" by a prominent conservative Christian legal group.

15/08 As World Cup breaks records, Adidas, Nike navigate bumps in retail demand

The unpredictability of the Women's World Cup, with the U.S. knocked out early and a first-time champion assured, is forcing major global marketers such as Adidas and Nike to move fast to adapt to shoppers' quick shifts in preferences and demand.

11/08 Fox's legal head to step down in another major exit after Dominion settlement

Fox Corp said on Friday that Chief Legal Officer Viet Dinh was stepping down, a high-profile exit that follows its $787.5 million settlement in April of a defamation lawsuit filed by Dominion Voting Systems over its 2020 U.S. election coverage.

11/08 Conservative Starbucks investor loses diversity challenge

A U.S. judge on Friday dismissed a conservative activist investor's lawsuit against Starbucks' board, opposing the company's diversity, equity and inclusion policies and calling it frivolous.

11/08 Colombian conglomerate Grupo Aval, subsidiary settle charges of violating US law

Colombian conglomerate Grupo Aval and its bank subsidiary will pay over $80 million to settle charges of violating anti-corruption laws, U.S. authorities said on Thursday.

10/08 Kellogg's 'woke' workplace diversity programs are illegal, group claims

A conservative legal group on Wednesday urged a U.S. anti-discrimination agency to investigate Kellogg Co over workplace diversity policies that it says are unlawful, and accused the cereal maker of sexualizing its products.

09/08 US boardroom diversity gains slow as S&P 500 seeks resumes from finance

Boards of S&P 500 companies made recruiting directors with financial expertise their top priority over the past year, slowing boardroom gains for minorities, according to a new report.

09/08 Target sued by investor over backlash to LGBTQ merchandise

A conservative legal organization sued Target on Tuesday on behalf of an investor, saying the retailer misrepresented the adequacy of its risk monitoring when customer backlash over LGBTQ-themed merchandise caught it by surprise.

08/08 Siemens cooperating with Austrian authorities in corruption probe

Siemens is cooperating with authorities in Austria on an investigation into allegations of possible corruption related to hospital building contracts.

05/08 Founder of bankrupt crypto lender Celsius must face NY fraud lawsuit

Alex Mashinsky, the founder and former chief of the now-bankrupt cryptocurrency lender Celsius Network, must face a lawsuit by New York Attorney General Letitia James accusing him of civil fraud, a Manhattan state court judge ruled on Friday.

04/08 Amazon again cited by US regulators over worker safety

The U.S. workplace safety regulator said Amazon.com Inc has subjected workers at yet another of its sprawling warehouses to hazardous conditions by imposing onerous production quotas and failing to provide proper medical care.

04/08 Analysis: US institutional investors could face restrictions on Chinese stock ownership

A U.S. congressional examination of Chinese stock holdings in BlackRock funds built on MSCI indexes could presage a broader clampdown on U.S. institutional investment in such shares, analysts said, as Washington fears American capital could help Beijing gain military or technological advantages.

26/07 British billionaire Joe Lewis pleads not guilty to US insider trading charges

British billionaire Joe Lewis pleaded not guilty to U.S. insider trading charges at a hearing on Wednesday.

26/07 British billionaire Joe Lewis surrenders on US insider trading charges; pilots charged

British billionaire Joe Lewis has surrendered to U.S. authorities in Manhattan and is expected to appear in court later on Wednesday to face insider trading charges, a spokesperson for the U.S. Attorney's office in Manhattan said.

26/07 US charges British billionaire Joe Lewis with insider trading

Joe Lewis, the British billionaire and owner of the Tottenham Hotspur soccer team, has been criminally charged in New York for orchestrating a "brazen" insider trading scheme.

25/07 UPS and Teamsters Union reach tentative labor deal

UPS has reached a tentative five-year labor deal with the Teamsters Union that represents about 340,000 U.S. workers at the parcel delivery firm, the company said, sending its shares up 2.3% on Tuesday.

24/07 FedEx pilots reject tentative deal, supervised talks likely

FedEx pilots have rejected a tentative contract deal with the parcel delivery firm and the two sides will reopen negotiations, likely under the supervision of the National Mediation Board, the company and the pilots' union said on Monday.

22/07 United Parcel Service, Teamsters union to resume labor talks on Tuesday

United Parcel Service said it plans on Tuesday to resume labor talks with the Teamsters union representing 340,000 employees, an effort to avert a strike that could roil supply chains and harm the economy.

22/07 American Airlines increases offer to pilots by $1 billion, matching United

American Airlines Group Inc on Friday said it raised the value of its contract offer to pilots by more than $1 billion to match a more generous deal at United Airlines after American's union warned that ratification was in jeopardy.

18/07 Biden to meet labor organizers from Starbucks, Minor League Baseball

President Joe Biden and Senator Bernie Sanders will meet young labor organizers from Starbucks and Minor League Baseball among others at the White House on Monday as a growing number of worker strikes grip the country.

15/07 Oilfield firm SLB halts all shipments to Russia

Top oilfield services firm SLB on Friday said it is halting shipments of products and technology into Russia from all its operations over an expansion of Western sanctions.

14/07 Republican state officials threaten legal action over company diversity policies

A group of Republican U.S. state attorney generals on Thursday warned the country's largest companies that certain workforce diversity policies could be illegal in light of the U.S. Supreme Court's decision effectively striking down affirmative action in higher education.