Several bills in the California Legislature would regulate how companies use AI to make employment decisions such as compensation, hiring, firing, or promotions, but they may be in jeopardy because of their associated costs.
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Silicon Valley Bank was not a household name. For four decades, SVB successfully competed with big name financial institutions only to come crumbling down in a matter of days.
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Chevron has not complied with a new California law requiring it to disclose data on pricing.
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A California appeals court has ruled companies like Uber and Lyft do not have to treat their drivers as employees.
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Justice Department officials have launched an investigation into the bank amid growing questions about who shares responsibility for the largest bank failure since the 2008 collapse.
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Businesses and workers have questions about California’s new pay transparency law. CalMatters answers which companies need to post pay ranges in job openings, who can ask for their current pay scale, and more.
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Meta CEO Mark Zuckerberg announced the company is cutting another 10,000 jobs after it laid off 11,000 workers late last year.
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Consumer prices in February were 6% higher than a year ago, as inflation continues to ease. The data comes just days after the collapse of two regional lenders is roiling the banking system.
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Democratic Sen. Elizabeth Warren of Massachusetts criticizes a bill that was passed in 2018. Senate Republicans say the recent measures to address the collapse amount to a "backdoor tax increase."
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A major bank in Silicon Valley experienced a bank run and failed. Fearing a cascading catastrophe in tech and banking, the government stepped in to prevent contagion.
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Women have to work nearly 15 months to earn what a man earns in 12. And that's been true for decades.
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