The second-largest producer of beef, pork and chicken in the U.S. will pay up to $5.5 million to settle a lawsuit that claimed the company discriminated against Muslim employees at a meat processing plant in northern Colorado.
The U.S. Equal Employment Opportunity Commission filed the lawsuit in federal court in Denver in 2010, saying JBS Swift & Company discriminated against employees at its beef processing plant in Greeley by denying them bathroom breaks and disciplining them more harshly than other workers because they were Muslim, immigrants from Somalia, and Black.
JBS USA LLC, doing business as JBS Swift & Company, must pay the $5.5 million to about 300 employees who were included in the settlement, which was announced by the commission on Wednesday.
“This case serves as a reminder that systemic discrimination and harassment remain significant problems that we as a society must tackle,” EEOC Chair Charlotte Burrows said in a statement.
Two key U.S. senators introduced legislation Wednesday designed to spur faster payouts from donor-advised funds and foundations, giving new momentum to an effort that has deeply divided philanthropy.
Republican Sen. Chuck Grassley, of Iowa, a former chairman of the Finance Committee who still sits on that panel, and Sen. Angus King, an independent from Maine who caucuses with the Democrats, have teamed up on legislation that closely tracks a plan put forward by the Initiative to Accelerate Charitable Giving, a group of prominent wealthy donors, foundations, and scholars of charitable giving.
Wealthy donors can enjoy immediate tax advantages for establishing family foundations or making big deposits in donor-advised-fund accounts. Foundations are required by federal law to distribute at least 5% of assets annually, but donor-advised funds have no such requirements.
The King-Grassley legislation would allow donors to get an upfront tax deduction for donor-advised-fund deposits if they distribute the money within 15 years. Alternatively, donors could choose to delay the income-tax deductions and have 50 years to distribute their charitable funds.
GameStop, the video game retailer whose manic stock movements captivated Wall Street this year, said Wednesday that it’s brought on a pair of Amazon veterans as its new chief executive and chief financial officer to aid in its much anticipated digital turnaround.
Matt Furlong, who most recently oversaw Amazon’s Australia business and spent nine years with the company, will start as CEO on June 21. GameStop also said that Mike Recupero, who most recently was CFO of Amazon’s North American consumer business, will begin as chief financial officer on July 12.
GameStop’s stock has been on a wild rocket ride, soaring more than 1,500% this year as waves of smaller-pocketed investors piled in on hopes that it can transform itself into an e-commerce powerhouse after sales at its brick-and-mortar stores faltered.