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(Reuters) – President Donald Trump on Friday will sign a proclamation restoring commercial fishing access to a marine national monument off New England, according to a White House official. The move is aligned with the Trump administration’s efforts to cut regulations it believes are burdensome to businesses and economic activity. The proclamation will reopen the …

Trump to allow commercial fishing in New England marine monument Read More »

(Reuters) – The U.S. Department of Labor has closed its investigation into Scale AI’s compliance with the Fair Labor Standards Act, a person familiar with the matter told Reuters on Friday.  The FLSA is a federal law that establishes minimum wage, overtime pay, recordkeeping and other labor norms. The investigation was looking into Scale AI’s …

US Department of Labor closes investigation into Scale AI Read More »

By Douglas Gillison (Reuters) -The U.S. Consumer Financial Protection Bureau issued a list on Friday of nearly 70 policy and regulatory guidance documents stretching back more than a decade that the agency plans to rescind. The announcement, which was not final, was the latest step in the administration’s radical reorientation of the CFPB’s work under …

US consumer watchdog to scrap scores of financial oversight policies issued since 2011 Read More »

By Jonathan Stempel (Reuters) -Google agreed to pay $50 million to settle a lawsuit accusing the search engine company of systemic racial bias against Black employees. A preliminary settlement covering more than 4,000 Google employees in California and New York was filed on Thursday evening in the Oakland, California federal court, and requires a judge’s …

Google settles Black employees’ racial bias lawsuit for $50 million Read More »

By Scott DiSavino (Reuters) -U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, fell by six to 578 in …

US oil and gas rig count falls to lowest since January, Baker Hughes says Read More »