Category: Business

  • EEOC instructs staff to sideline all new transgender discrimination cases, employees say

    The Federal Agency, who is responsible for protecting the civil rights of the workers, is classifying all new gender identity-related discriminatory cases as its minimum priority, mainly keeping them indefinitely, two agencies employees.

    The US equivalent employment privileges have held a meeting on Wednesday that it clearly explains how President Donald Trump’s January President Donald Trump would behave allegations of new personnel of gender identity discrimination.

    The employees who handled the coming charges or the receiving workers were instructed to code as “C”, which is usually reserved for cloudless charges on the EOC system, according to agency employees who participated in the Microsoft Times Meeting, led by the National Intech combination of EEOC, the minimum category on the EOC system. Employees said to stay anonymously because they were not approved for the meeting’s details.

    A spokesman for the EOC refused to comment at the meeting, saying “We cannot discuss investigative practices under federal law.”

    The EOC’s decision to return to the rights of Ezra and non -nobinari workers is a major change in the exercise of civil rights under the Trump administration. In February, the EOC dropped its own seven pending cases against EOC Ezra and non -desert people.

    The EOC acting chair, Andrea Lucas, a Republican, says that one of its priorities will implement Trump’s executive order about gender and “will” protect the biological and binary reality of sexual and related rights. ” He had earlier ordered that any worker discriminatory allegations that “engaged” Trump’s executive order about gender should be upgraded to the headquarters for review.

    This latest decision to bury gender identity-related allegations is discriminating against Ezra and non-powerful people with limited shelter. In most cases, US workers have to file a discriminatory complaint through the EOC before looking for other legal ways.

    The minimum priority of gender identity-related cases preferably that they are qualified, Chai Fieldblaum, who has been the EOC Commissioner since 20-25.

    “If they say they are bringing it to a central place to consider them properly, they are facing at least something,” Fieldblam said about Lucas’s previous directive regarding the gender identity case. “If they are spreading the door as they charging them” C “they are not working on them.”

    The EOC has said that it will still issue notifications on gender identity cases on the basis of request, which means workers can decide on their own. According to employees who attended Wednesday’s meeting, the company would also respect the request for mediation. However, if the mediation fails, then no further action will be taken about the EEOC case, staff said.

    As a result of the EEC’s new approach to gender identity discrimination, the company has argued on whether the Supreme Court is working on the basis of the 2021 verdict in Bostok vs Clayton County, which is a breakthrough case that has forbidden the workplace on gender identity.

    Civil rights activists have accused the EOC illegally deny the Supreme Court and abandon the gender-identity cases and cancel the responsibility of enforcing anti-discrimination laws. Lucas had earlier told AP that the EOC had a duty to comply with Trump’s executive order, but he did not directly address the criticism that the gender identity case of the agency was in excitement with the Supreme Court.

    According to the agency’s website, the EOC has received more than 1.5 complaints based on sexual attitudes or gender identity in the fiscal year 2021 and complaining to 5-Plus in 2021.

    ________

    Associated Press Business Reporter Alexandra Olson contributed to the report.

    The women of the Associated Press of the ________ Workforce and the state government’s coverage received financial support from the main initiative. AP is the sole responsible for all content. APRR.A.R.R. -Find the AP’s values ​​to work with a list of supporters and money coverage fields.

  • China, Cambodia ink deal for massive canal project raising environmental concerns

    Num Pen, Cambodia – Cambodia and China have signed a $ 1.2 billion agreement for an ambitious canal project, which aims to enhance the trade skills of the Mekong River near the Fonam Pen near the Fonom Pen of Thailand, a top Cambodian government agency of the project.

    The Funan Techo Canal Fund agreement was signed on Thursday during a state visit to Cambodia in Chinese President Xi Jinping, the company said in a press release. Shi returned to the country on Friday after a three-national Southeast Asian visit to Vietnam and Malaysia.

    The construction of the canal was started last year 151.6 km (94 miles) but it was not cleared for the reasons soon after the groundbreaking ceremony on August 5 was closed. Cambodian Prime Minister Hun Manet at the time said that the canal would be built “whatever the cost”, this project promotes “national prestige, regional integrity and Cambodia development”.

    As described as a public-private partnership agreement, the agreement was signed by the Deputy Prime Minister San Chanthol on behalf of the Cambodian Government and Ing Sunley, the private sector partner, Funan Techo Coastal-Inland Waterways Company Limited. The project is being built on a build-operat-transfer basis, Cambodian investors hold 5% of partners and Chinese investors 5%.

    According to Friday’s announcement, “the canal will create a new internal waterway-maritime corridor. It will include canals excavation and ship lock, navigation and logistic infrastructure.

    “As an internal waterway and an important transport infrastructure in Cambodia, the FTC project will become a new engine of national economic growth,” China Communications Construction Agency Chairman Wang Tongjhu said, the announcement. He also added that “After the completion, it will significantly reduce the extensive logistics costs in Cambodia and promote the Cambodian industry to the upper end from the standard discipline.”

    The China Communication Company is a contractor to construct a project from China Road and Bridge Corporation to the coastal province Cape. A large state -owned company has faced an investigation over allegations of involvement in financial scandals. It is blacklisted by the United States for the role in the Chinese military construction and artificial islands in the South China Sea.

    According to Friday’s announcement, the canal is expected to “create a direct and indirect job in Cambodia.”

    Critics have raised concerns that the canal can severely disrupt Mekong Rive and its natural flood types. These obstacles can reduce the nutrient rich polygamous slopes needed to produce important rice in Vietnam in Mekong Delta, a region that retains millions of people and is a major global paddy exporter.

    The signature declaration, however, states that “a strict environmental impact managed by 48 experts has confirmed the minimum environmental impact.”

    It also added that the Cambodian government “has led an attempt to reduce rehabilitation with a route designed to avoid dense communities and cultural sites and” a responsible compensation and consultation process is underway. “

  • New US ambassador to Japan says he is optimistic the two sides will reach a deal over tariffs

    Tokyo – The new US ambassador to Japan came to Tokyo on Friday that he was hopeful that his country and its original Asian allies would reach an agreement on their ongoing tariff.

    George Glass, a prominent businessman known for his background in Finance, Investment Banking and Technology, is discussing the customs system of President Donald Trump, the United States and Japan, which has expressed global concern about their impact on economics and global trade.

    “I am extremely optimistic … an agreement will be completed,” Glass told reporters after landing at Tokyo’s Haynda International Airport.

    In Washington, the two countries arrived a day after their first -round tariff discussions, where both sides agreed to try to reach an agreement as soon as possible and to hold a second round of meetings later this month.

    Trump participated in the meeting with the Japanese delegation led by the Economic Revolution Minister Raosai Akazawa at the White House, along with his top economic adviser Treasury Secretary Scott Besent and Commerce Secretary Howard Lutnik.

    With his reputation as a dealemaker testing, Trump probably tried to prevent damage from US tariffs, Trump would probably like to finalize multiple trade agreements.

    Japan has been temporarily protected from the 24% board tariff as a result of Trump’s recent 90 -day break, but 10% of the baseline duty and 25% tax on imported cars, auto parts, steel and aluminum exports.

    Japanese Prime Minister Shigeru Ibiba has said that the tariffs will cool the investment of Japanese companies in the Japanese economy and the United States and both sides should be settled that will benefit both.

    Japan is one of the first countries to start talks with Washington, long -time US ally. Other American allies are watching their discussions closely.

    Glass said he was confident that an agreement could be reached because both Japan and the United States were in the “best and brilliant” officials and Trump was personally involved in the discussion and called them its top priority.

    Trump says “committed to the new path to the American economy” Glass said, the customs measures are part of its strategy. US $ 40 trillion dollar national debt, Glass says “destabiliz the country and if we are down on this road, this is the end of our economy.”

    Glass did not describe Glass on how to help Tokyo and Washington find their differences when he took his official responsibility on Monday. After a long aircraft, he said, “What I want to do first is to go home.”

  • US airstrikes targeting a Yemeni oil port killed 20 people, Houthis say

    Dubai, the United Arab Emirates – The team said on Friday morning that US airports were killed and injured 5 people at the Ras ISA oil port in the hands of Yemeni elephant rebels.

    The strike, confirmed by the central command of the US militar, has represented one of the highest reports of deaths so far in the promotion launched under President Donald Trump, which has been involved in several hundred strikes from March 7. Iranian-backed Hoothis later launched a missile on Israel on Friday, which was told to Israeli military, that Sirens was identified as the cause of sound in televian and other regions.

    The war in Yemen has already been further internationalized as the US has complained that a Chinese satellite company is “directly supporting” the Houthi attack, Beijing has not immediately recognized.

    The al-Masirah satellite news channel of Hoothis has promoted graphic footage after the attack on the port of Ras ISA Sa, which shows the corpse throughout the site. It said that paramedic and civilian workers were killed in the port at the port, which spotted a huge explosion and fire.

    In a statement, the Central Command said “US forces took steps to eradicate the fuel of Iran-backed elephant terrorists and deprived them of illegal revenue, which has financed the elephant efforts to panic the entire region for more than 10 years.”

    “This strike is not intended to harm the people of Yemen, who properly want to remove the yoke of the Houthi subjugation and survive peacefully,” added. It did not acknowledge any casualties and when asked about civilians by the Associated Press, he refused to comment.

    The Ras isa Sa Sa Port, three oil tanks and a compilation of purification equipment, sit at the Hodida governor of Yemen along the Red Sea. The NASA satellite, which tracked the forest fire, showed an intense shining on the site right in front of Kamran Island on Friday morning, was targeted by severe air strikes in the United States over the past few days.

    The port of Ras Isa Sa is the terminus of an oil pipeline extending to Yemen’s energy -rich Mary Governor, which is operated by the Allies of the Yemeni deported government. Hothis expelled the government from the Yemeni capital Sana in the 21st. However, the export of oil has been stopped as a result of the decidelong war and Hoothis Ras has used the ISA to bring oil.

    Hoothis condemns the US attack.

    “This completely unreasonable aggression represented Yemen’s sovereignty and independence and represents the direct target of the people of Yemeni,” said in a statement conducted by the SBA News Agency. “This is a significant civilian benefit that serves Yemeni people for decades.”

    On April 9, the US State Department issued a warning on Yemen about oil shipment.

    “The United States will not tolerate any country or commercial entity that provides foreign terrorist organizations to foreign terrorist organizations, such as the provision of offloading ships and oil provisions to Hooth-controlled ports.”

    The attack launched a previously Israeli airstrike on the port and oil infrastructure used by the rebels after the attack on Israel.

    Meanwhile, US State Department spokesman Tamie Bruce, who was accused of a briefing with journalists, was a commercial satellite image with Chang Guang Satellite Technology Co. Limited, “directly Iran-backed elephant terrorist terrorist attacks on US interests.”

    Bruce has not detailed detailedly, but acknowledges a story in the Financial Times that anonymously states American officials that the People’s Liberation Army has provided images to the rebels to target commercial ships traveled by our warships and the Red Sea Corridors.

    Bruce said, “Beijing’s support, the company, the satellite agency, even we are involved in the discussion with them, even though we are involved in discussions … certainly oppose their claim to peace,” Bruce said.

    Chinese officials and agencies known by CGSTL brief description could not be reached to comment immediately. The Chinese state media did not acknowledge the allegations. The US Treasury approved the CGSTL in 2021 for allegedly providing satellite images to Russian tenant forces for Russian tenant forces fighting for Russia’s full-scale aggression.

    An AP review has shown that the new US operation against Hoothis under President Donald Trump has been more widespread under former President Joe Biden, as Washington is only targeting launch sites to shoot at ranking staff and throw bombs to cities.

    A new campaign for airstrikes began after the “Israeli” ship was again on the blocking aid to enter the Gaza Valley. The rebels defined loosely what the Israeli ship was formed, which means many ships can be noticed.

    Hothis targeted more than 5 merchant ships with missiles and drones, two of them drowned and killed four sailors till January this year. It has greatly reduced the flow of trade through the Red Sea corridor, which usually passes through $ 1 trillion products. Hoothis also launched an attack on American warships without success.

    The US campaign shows no signs of stopping, as the Trump administration also associated its airstrikes on Hothis with an attempt to press Iran to move on to the fast -moving nuclear program. The second round of discussion between Iran and the United States will take place on Saturday in Rome.

    ___

    Sam Medical, the author of the Associated Press Writer, Israel’s Tel Aviv, has contributed to this report.

  • CEO of French luxury conglomerate LVMH calls for calming trade tensions with US

    Paris – Paris (AP) – Bernard Arnold, Chairman and CEO of the French luxury agency LVMHH, called on a free trade region between the European Union and the United States on Thursday and said that unresolved trade tensions could seriously hurt European industries.

    In response to President Donald Trump’s tariffs, his comments made the Elon Mask on April 7 for the zero tariff zone between the United States and the EU. The EU has long been pressing on the “zero-zero-” trade agreement-the new party excludes the tariff-but Trump has rejected the proposal.

    Speaking at the LVMH’s annual shareholder meeting, Arrot said that European leaders should “cleverly” the US administration “cleverly” and the national government should take a more prominent role in the hands of Brussels, the center of the EU “bureaucratic power”.

    LVMH in France had been the dominant luxurious group of the world for decades – known for products like Mota & Chandon Champagne, Henesi Kognac, Louis Viton Handbags and Dyer Perfumes – but this week lost its title as the world’s largest luxury company to compete Hermes.

    “Europe is not guided by any political power, but is governed by a bureaucratic power that unfortunately imposes all the member states on the state and imposes the rules that punish our business sector,” said 76 -year -old CEO.

    The European Union’s Executive Branch discusses the trade agreement on behalf of the European Commission for all 2 27 members state. Block is the largest trading entity in the world.

    LVMH shares declined by 7.8% early this week, after an unexpected decrease in the sale of first-third.

    Arnold says the company may be forced to expand US activities. “If we fail to negotiate with European intelligence, we will be forced to increase our American production to avoid tariffs,” he said.

    In 2019, LVMH transferred parts of its production to the United States by opening a Louis Viton workshop in Alvarado, Texas, in the first term of Trump. Trump and Arnaults visited this facility together, promoting US production as a symbol of revival.

    However, Thursday, Arnault acknowledged that the Texas site was still proficient. According to the documents presented at the meeting, 25%of the total sales of LVMH in the United States.

    Arnold also criticized France’s proposed corporate tax growth, calling them “tax made in France” and warned that they could press the companies to move abroad.

    He praised the US model by quoting low-tax and state-backed industrial investment. “When you returned to France after you spend some days in the United States, it’s somewhat cool shower.”

    Outside the Louvre Museum Conference Hall, where the meeting was held, a few dozen protesters demanded higher taxes on rich people, as well as a “tax rich” sign and a huge doll of Arnault was portrayed as a thief, a rope around his chest and behind his back.

    “France can bring $ 25 billion on 2% tax on enormous wealth in France,” Group 350.org spokesman Fanny Petitbone says. “It will be enough to invest in public service and to accelerate a power transfer that benefits everyone.”

  • US tariffs will weaken global economy and trigger inflation but not a global recession, IMF says

    Increasing tariffs in the United States will weaken the global economy and increase inflation this year, according to estimates published in the next week of the International Monetary Fund.

    IMF managing director Crystalina Georgiva said on Thursday that the severe growth in the Trump administration’s duties had increased global uncertainty. He added that import tax will slow down global growth, but will not create a global downturn. The details of the IMF’s view will be issued on Tuesday.

    Georgiva said the elasticity of the global economy was being tested by “reboot of the global trading system” which threatens to cause unrest in the financial market.

    This turmoil has been playing in the financial markets for weeks for weeks, especially on Wall Street, which has experienced wild swing from every day and often for more than hours to hours.

    The IMF chief also echoed some concerns of the Trump administration. He called on the countries to reduce their tariffs and reduce other obstacles in trade, saying that he had been postponed in the last decade after constant progress for many years after World War II.

    “Trade Distortion – Customs and NonTariff Burches – A multilateral system fed the negative ideas that failed to provide the playground of any level,” he said. “In some places this feeling of wrongdoing feeds the narrative: We play by the rules when others play the system without fine.”

    Georgiva has added that tariffs are the cause of uncertainty, which can be expensive. He said that due to the complexity of the supply discipline, the cost of a single item could be affected by dozens of countries, he said.

    Increased trade barriers also immediately affect growth and can lead to more domestic production, it takes time to implement, he added.

    In the most recent estimates issued in January, the IMF predicted the world economy nominally increase and inflation, though it warned that President Donald Trump’s policy was cloudy, including tax deduction and raising tariffs on foreign imports.

    The Washington-based NDing agency said they hoped that the global economy would increase by 5.7% this year and later, in 2021, it increased from 8.2%.

    Global inflation has increased after the disruption of global supply discipline and the high prices of the Covid -1 epidemic, and the global inflation has risen to 5.2% in 2021 and 5.7% in 2026.

    However, in a blog post with these hypotheses, the chief economist of the fund, Pierre-Olivia Gaurichas writes that Trump promised to introduce policies “In the nearest term, inflation is likely to be pushed more.”

    These forecasts are expected to change since January – probably significantly – such as Trump’s trade war has increased in recent months, especially with the largest trade partner in the United States, with China.

    Trump has paused or pursued many of his tariffs — it leads to more turmoil in the stock market-but Tat-Tat is in the fight with China and has not shown any sign of supporting it. Every time Trump raises tariffs in China, Beijing has responded with tariffs on US imports.

    The IMF is a 191-national NDING NDO that works to promote economic growth and financial stability and reduce poverty worldwide.

    —-

    AP business writer Matt Oat contributed.

  • Average US rate on 30-year mortgage climbs to 6.83%, highest level in eight weeks

    The average mortgage rate of 30 years in the United States rose to its highest level in eight weeks, it was a push for home buyers during the homewing season of spring.

    Patient Buyer Freddie Mac said Thursday that the rate increased from 6.62% to 6.62% to 6.83% last week. A year ago, the average of the rate is 7.1%.

    The cost of taking the orrow in the mortgage of 15 years, the homeowners are popular in their home loans re-finishing, this is also roses. The average rate increased from 5.82% to 6.03% last week. Freddy Mac said it was still reduced to 6.39% a year ago.

    Mortgage rates are influenced by a number of factors, including global demand for US Treasury, policy decisions for the interest rate of the Federal Reserve, and expectations for the future inflation of the bond market investors.

    The average rate of 30 years of mortgage follows the steps loosely in the 10 -year -old treasury yields, which are used as a guide to determine the price of the ND donors to determine the price of home loans.

    This yield was reduced after this year reached about 1.5% last week after the government bond reached about 5.7% due to investors’ concerns over the possible decline in the Trump administration over the possible decline of the Trump administration.

    The 10 -year -old treasury yield was 4.32%on Thursday.

  • Global Payments buying Worldpay in $22 billion deal

    The payment processing company is buying more than $ 22 billion in the Cincinnati-based rival world to expand the global payment of Global Payments.

    This step subjugates the financial technology agency, enables about 94 billion transactions and the Payment $ 3.7 trillion payment volume across the country over 175.

    Payment processing companies, which include family names Visa and MasterCard, for the convenience of financial transactions between customers, businesses and banks. The demand for consumer and business for electronic payment and banking has increased growth in the sector.

    Atlanta-based Global Payments are providing cash and stock $ 22.7 billion in a tri-faced agreement associated with FIS, a private equity firm GTCR and financial technology company FIS.

    The Global Payments will sell its issuing solution unit to FIS as part of the agreement agreement. The GTCR will hold 15% partner in the case of paying global payments after the agreement.

    Global Payments say it is expected to earn $ 2.69 per share for its first quarter to match Wall Street forecasts.

  • 429K portable chargers under recall after consumers report fires, minor burns

    About 120,3 portable power banks are withdrawing because they can cause excessive heat and possible fire when charging the phone, creating burns to consumers

    New York – About 120.5 portable power banks are withdrawing as they can cause excessive heat and possible fire when charging the phone, creating burns to consumers.

    According to the US Consumer Product Safety Commission, on Thursday, Brooklyn, New York-based Caselie Chargers, after receiving 5 reports of lithium-ion battery overheating, recalled some “Pods” after expanding or caught fire during use.

    Now the recovered Castley Power Press, which has 5000 mAh, can be characterized by their model number: E33A. Wireless phone chargers were made on Thursday’s notice notes and sold on Amazon, Getcasely.com and other websites from March 2022 to September 2024.

    Customers in these charger, which came in different colors and prints, are requested to stop using them immediately – and contact the caselie for a free replacement.

    People who are eligible will find a FAQ on Casilli website notes a new “wool-resorted power pod”. The company also says that it is safe to use all the battery packs that are not included in this recovery.

    “Caselly is committed to the protection of his customers and due to lots of caution, potentially defective products have taken active measures to remove from circulation,” Casley wrote in its regeneration. “If your power pod qualifies we will replace you with a new unit at a cost of free”

    To get a free replacement, customers need to fill out a form online – and they have to submit the photos of the charger that recovered themselves, including the word “recalled” and the date of writing on a permanent identification. However, the CPSC and Caseley also emphasized that lithium-ion battery devices should not be thrown into trash or general recycling bin-instructed to look for local guidance to dispose of customers.

  • Target CEO to meet with civil rights leader Al Sharpton amid DEI cuts

    New York – Target Chief Executive Officer this week Rev. Al -Sharpton is planning to meet with the civil rights organization whose customers have encouraged US retailers to avoid retailers, which support their diversity, equity and inclusion initiatives.

    A spokesman for the National Action Network on Thursday confirmed that Sharpton planned New York’s target CEO Brian Colonel but refused to give any details about the meeting, which CNBC first reported.

    No target spokesperson could not be reached to comment immediately.

    The aim among several companies, including Walmart, Amazon and PepsiCo, has eliminated policies and programs to strengthen the diversity among their staff and reduce discrimination against minority groups, women and LGBTU+ people.

    After returning to the White House in January, President Donald Trump returned to the Federal Government at the end of the DII program. He warned schools to do the same or the risk of losing federal money.

    Earlier this month, Sharpton had to meet him – or to enjoy the boycott – Pepiso gave Pepiso three weeks to discuss the opposite of the recent action to remove his DII initiatives. Sharpton said on Monday that Pepsico leaders agreed to meet the National Action Network representatives this week.

    Target announced January 26th that it would finish the DEI goal that the Black workers were represented and promoted, improve the experience of black buyers and promote the black -owned business. The company also said they plan to stop submitting reports for external diversity surveys.

    According to a memo posted on its website, it is “further evaluating our corporate partnership” to ensure that they are directly connected to our roadmap “.

    Several boycotts were launched to retailers that have returned to DII. Some boycotts are zero at the target.

    Jamal Bryant, an Atlanta-region priest: AA, organized a website called Targetfast.RG for the appointment of Christians for a 40-day target boycott, which launched on March 5, which was launched on Wednesday. Other faith leaders supported the protest.

    Easter Sunday is happening this weekend, Lent will end this week.