Experts have warned that U.S. companies scaling back diversity, equity, and inclusion (DEI) initiatives in response to President Donald Trump’s executive order may risk an increase in workplace discrimination lawsuits. The order, which directs federal agencies to terminate DEI programs and encourages private companies to follow suit, has led some businesses to end or reduce…

The Equal Employment Opportunity Commission (EEOC) has filed lawsuits against General Motors (GM) and the United Auto Workers (UAW) for age discrimination, as well as against Stellantis’ FCA U.S. unit for sexual harassment. The EEOC claims that GM and UAW’s sickness-and-accident benefits policy, effective since October 2019, discriminates against employees aged 66 and older, violating…

U.S. President Donald Trump has instructed the Secretary of the Treasury to investigate whether any foreign company, or individual, should face higher taxes because American corporations or citizens are being unfairly taxed overseas. Under Section 891 of the U.S. tax code, the president has the power to double the rate of tax on foreign nationals…

The latest Edelman Trust Barometer survey has revealed a dramatic change in people’s trust in governments, business leaders and the media, with some 31% of Gen Z respondents agreeing that violence to persons or property can be justified. Chief executive Richard Edelman said that “We’re seeing a lot more nationalism and a lot more frankly…

The International Auditing and Assurance Standards Board (IAASB) and the International Ethics Standards Board for Accountants (IESBA) have introduced new guidance for auditors to enhance the assessment of firms’ environmental, social, and governance claims. The guidelines aim to ensure trust in sustainability reporting, particularly as companies face increasing pressure to disclose data amid climate change…

Cybercriminals are impersonating remote tech-support workers on Microsoft Teams to infiltrate networks and deploy malicious software. The attack begins with an “email bomb,” sending up to 3,000 spam messages to a potential victim, followed by contact on Teams, where they pose as IT personnel. Once granted remote access, they install ransomware that locks the network…