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White House eyeing possible small risk of inflation amid COVID stimulus, Rouse says

By Reuters Staff 1 Min Read FILE PHOTO: Cecilia Rouse arrives to be sworn in as the new chair of the Council of Economic Advisers by U.S. Vice President Kamala Harris in the Eisenhower Executive Office Building at the White House in Washington, U.S., March 12, 2021. REUTERS/Erin Scott WASHINGTON (Reuters) - There is a small risk of inflation following the $1.9 trillion COVID-19 stimulus plan, but the Biden administration will closely monitor the situation, White House Council of Economic Advise...
United States Cecilia Rouse Doina Chiacu Thomson Reuters Trust Principles White House Council Of Economic Advisers White House Council

Fashion brands urged to fix 'broken industry' with pledge on workers' pay

3 Min Read DHAKA (Thomson Reuters Foundation) - Fashion brands should fix their “broken industry” by ensuring millions of pandemic-hit workers receive their full wages and by guaranteeing severance pay if jobs are cut, a coalition of more than 200 rights groups said on Monday. The #PayYourWorkers campaign said brands and retailers that made a profit in 2020 - like Nike, Amazon and Next - could stop garment workers “going hungry” and set up a severance fund by paying manufacturers the eq...
Naimul Karim Naimonthefield Sophorn Yang Ineke Zeldenrust Naimul Karim Helen Popper Clean Clothes Campaign

Global union watchdog reports abuses of Myanmar workers' rights to ILO

3 Min Read GENEVA (Reuters) - Myanmar trade unionists have been arrested and harassed in door to door searches, while others are hiding in fear, the International Labour Organization said after receiving a formal complaint from the world’s largest trade union federation. FILE PHOTO: People flash a three-finger salute as they take part in an anti-coup night protest at Hledan junction in Yangon, Myanmar, March 14, 2021. REUTERS/Stringer The International Trade Union Confederation (ITUC) reporte...
Bruxelles Capitale Guy Ryder Nick Macfie Stephanie Nebehay Thomson Reuters Trust Principles International Trade Union Confederation

Buffett's Berkshire opposes shareholders' climate change, diversity proposals

3 Min Read (Reuters) - Warren Buffett’s Berkshire Hathaway Inc on Monday urged the rejection of shareholder proposals that annual reports be produced about its efforts to address climate change and promote diversity and inclusion. FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Incs annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott Morgan The p...
New York United States Greg Abel Los Angeles Ajit Jain Jonathan Stempel

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Biden White House plans nationwide victory lap to promote benefits of COVID-19 relief bill

5 Min Read WASHINGTON (Reuters) - Mindful of hard lessons learned by the previous Democratic administration, President Joe Biden and top aides are planning a nationwide tour to sell Americans on the benefits of the newly passed $1.9 trillion pandemic relief bill. U.S. President Joe Biden attends an event where he announced administration plans to double its order of the single-shot Johnson & Johnson coronavirus vaccine, procuring an additional 100 million doses, in the South Court Auditorium at...
United States South Carolina White House District Of Columbia Joe Biden Liz Cheney

Spanish unions to get access to app algorithms to monitor workers' rights

2 Min Read MADRID, March 11 (Reuters) - Spanish unions will be given access to the algorithms companies such as Uber use to manage their workforce in the gig economy, to monitor conditions and stop workers being underpaid in low-demand hours, Labour Minister Yolanda Diaz said on Thursday. Such labour rights monitoring is part of Spain’s forthcoming legislation to bolster protections for service sector workers, typically hired on freelance basis, that will require employers to put them on staf...
Comunidad Autonoma De Cataluna Emma Pinedo Jan Harvey Andrei Khalip Yolanda Diaz Thomson Reuters Trust Principles

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