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Workplace equality exists nowhere, World Bank says
The World Bank has said that full workplace equality does not exist anywhere in the world, and only “less than 5% of women worldwide” live in economies with near full legal economic equality. Even in instances when workplace equality laws are passed by lawmakers they are truly enforced in only about half of all cases,…
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Tesla faces H-1B hiring discrimination lawsuit
A federal judge has ruled that Tesla must face trial over allegations of discrimination against American citizens in its hiring practices. U.S. District Judge Vince Chhabria in San Francisco refused to dismiss a lawsuit accusing the carmaker of systematically discriminating against U.S. citizens in hiring by preferring H-1B visa holders who will do the same…
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Walgreens cuts hundreds of jobs following private equity takeover
Walgreens is cutting hundreds of jobs across the U.S. as its new private equity owner, Sycamore Partners, moves to reduce costs and restructure the struggling pharmacy chain. The company is eliminating 469 roles in Illinois, where it is headquartered, and a further 159 positions in Texas, linked to the closure of a distribution center. Walgreens…
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Coca-Cola bottler sued over employee event that excluded men
The U.S. Equal Employment Opportunity Commission has sued Coca-Cola Beverages Northeast, a bottler and distributor of Coca-Cola. The agency accuses the company of sex discrimination with regard to an employee networking event that excluded men. The lawsuit, the first over workplace diversity programs since President Donald Trump took office, says the bottler violated federal law…
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Zuckerberg defends Meta in landmark social media addiction trial
Meta Platforms CEO Mark Zuckerberg repeatedly said during a landmark Los Angeles trial over youth social media addiction that the Facebook and Instagram operator does not allow children under 13 on its platforms. Zuckerberg maintained that lawyers were “mischaracterising” communications in multiple internal documents which suggested they were a key demographic. Mark Lanier, a lawyer…
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U.S. bank CEOs earned $258m in 2025
CEOs at six of the largest U.S. banks earned a combined $258m in 2025, up 21% year on year, as strong economic conditions and Wall Street activity boosted results. Leaders of JPMorgan Chase, Bank of America, Citigroup, Goldman Sachs, Morgan Stanley and Wells Fargo each received $40m or more. Morgan Stanley’s Ted Pick and Wells…
