US, memory chipmaker Micron settle claim of immigration-related discrimination

By Kanishka Singh WASHINGTON (Reuters) -The U.S. Justice Department said on Thursday it reached a settlement with memory chipmaker Micron Technology Inc to resolve an allegation of immigration-related employment discrimination. “The settlement resolves the department’s determination that Micron violated the Immigration and Nationality Act (INA) by discriminating against a U.S. citizen when it failed to…

Read More

US Senate Republicans go after Biden’s labor nominee for stance on Uber, Lyft, others

By Nandita Bose WASHINGTON (Reuters) -Republican U.S. lawmakers on Thursday criticized President Joe Biden’s nominee for U.S. labor secretary, Julie Su, saying she dismantled the gig economy, hurting companies such as Uber and DoorDash Su, a civil rights lawyer and former California labor commissioner, found unequivocal support from several Democrats on the committee. She needs…

Read More

US Senate panel seeks Supreme Court’s Roberts testimony on ethics

WASHINGTON (Reuters) – The Senate Judiciary Committee’s chairman called on U.S. Chief Justice John Roberts to testify at a May 2 hearing on Supreme ethics reform after earlier urging him to investigate ties between Justice Clarence Thomas and a wealthy Republican donor. Democratic Senator Dick Durbin, the panel’s chairman, said the hearing follows “a steady…

Read More

US labor market cooling; leading indicator flashes recession

By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week, suggesting the labor market was gradually slowing as the Federal Reserve’s year-long interest rate hiking campaign dampens demand. Though measured, the loss of labor market momentum added to slumping retail sales and manufacturing activity in…

Read More

Fed in discussions with banks about managing risks of AI: Waller

(Reuters) – The Federal Reserve has “regular discussions” with the banks it supervises about managing the risks associated with artificial intelligence, as more financial institutions utilize AI for customer service applications, fraud monitoring and underwriting, a top official at the U.S. central bank said on Thursday. In prepared remarks, Fed Governor Christopher Waller cautioned that…

Read More

EU lawmakers demand obligatory hosting of migrants under looming overhaul

By Gabriela Baczynska BRUSSELS (Reuters) – European Union lawmakers voted on Thursday to require member countries to host some of the refugees and migrants coming to the bloc at times of high arrivals, part of a fiercely contested reform due ahead of a 2024 pan-European election. The European Parliament adopted its position on the looming…

Read More