Pinterest settles gender discrimination lawsuit with former exec for $22.5 million

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Pinterest settles gender discrimination lawsuit with former exec for $22.5 million

(CNN Business) Pinterest has agreed to settle a gender discrimination and retaliation lawsuit brought by its former chief operating officer, Francoise Brougher, for $22.5 million. The settlement, announced on Monday, includes a $2.5 million investment “to be …
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California fines Uber $59 million, threatens license over refusal to hand over sexual assault data

SAN FRANCISCO — California regulators issued a $59 million fine and threatened to suspend Uber’s license to operate in the state over the ride-hailing giant’s refusal to hand over data on sexual assault on the platform, according to a ruling issued Monday.
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California post-Prop. 22: Gig workers to see pay changes, customers to see higher prices

Californians this week will start to see the effects of Proposition 22, the ballot measure that 58% of the state’s voters passed in November. The measure exempts app-based, on-demand companies from California labor law and keeps gig workers classified as …
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PTC to acquire California company

PTC, the Boston-based design and engineering software firm, has reached a deal to acquire Arena Solutions for $715 million, making it the largest acquisition in PTC’s history. Arena specializes in what’s known as product lifecycle management software, …
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Gold Holds Decline With Investors Weighing Vaccines and Stimulus

Gold held a drop as investors weighed progress on the roll-out of vaccines against the prospects for a U.S. spending package and possibility of further action from the Federal Reserve at its last meeting of the year. What’s moving markets. Start your day with …
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