Business

IBM has agreed to pay approximately $17 million to the federal government, settling allegations of illegal diversity, equity, and inclusion (DEI) practices. The Department of Justice had asserted that the technology firm made "false claims" about its hiring and employment practices in federal contracts, including identifying "diverse" candidates and developing race and sex demographic goals. IBM, however, denied discriminatory practices, emphasizing the agreement was not an admission of liability.

By Elisabeth Buchwald, CNN (CNN) — After weeks of war-driven pressure on fuel prices and supply chains, some businesses are starting to pass those higher costs...

The national average price for a gallon of regular unleaded gasoline has surpassed $4, marking the first occurrence since 2022 and signaling potential impacts on inflation and economic growth.

The United States labor market recorded its weakest pace of worker additions in 15 years during February, as job openings declined to 6.88 million and the hires rate fell to 3.1%, the lowest level since April 2020.

A federal judge in California has indefinitely blocked the Pentagon's attempt to label AI firm Anthropic a supply chain risk, a designation that would have severed its government ties. The ruling determined these measures infringed upon the company's First Amendment and due process rights.

Tabor 100 has expanded its Car Sharing Program to serve all residents of King County, offering an affordable transportation option with two energy-efficient vehicles available for rent at a low cost.

The White House has unveiled a comprehensive national framework for artificial intelligence legislation, aimed at precluding states from imposing individual regulations and maintaining a minimalistic regulatory stance on AI. This initiative seeks to harmonize the rapid advancement of AI technology with the imperative of fostering public confidence.

An Atlanta-based social media manager shares her experience being laid off while on medical leave amid high unemployment for Black women.

The Trump administration's strategy on immigration and employment has not yielded the anticipated benefits for American workers. Instead, the nation faces slower wage growth, reduced job opportunities, and an increased unemployment rate, driven by diminished demand and prevailing economic uncertainty.

Amazon has announced a second wave of layoffs, affecting 16,000 employees, as part of its strategy to enhance decision-making efficiency and maintain a competitive edge in the rapidly evolving AI industry.