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The U.S. Securities and Exchange Commission has fined Cantor Fitzgerald $1.4 million over the company's repeated failure to

(Reuters) -Citigroup beat analysts' estimates for second-quarter profit on Friday as higher interest payments from borrowers partly countered a blow

By Tom Hals WILMINGTON, Delaware Walt Disney Co will ask a Florida judge on Friday to dismiss a

If you forgot to file your taxes during the early days of the Covid-19 pandemic in 2020, you have until Monday to do so. The 2019 return must be filed on paper, rather than electronically, and be postmarked by July 17.

SEOUL Tesla began selling its Model Y rear-wheel drive car on Friday in South Korea at a price

By Maggie Fick LONDON Soaring U.S. demand for Novo Nordisk's weight-loss drug has reduced the pressure from investors

By Valentine Hilaire MEXICO CITY (Reuters) -The Mexican government is no longer interested in purchasing Citigroup's local retail arm, known

Foxconn is in talks with Taiwan Semiconductor Manufacturing Co and Japan's TMH Group for technology and joint venture

For Choi Gyu-Won, a 29-year-old Korean in a small village in South Gyeongsang, drinking whisky at home is

A number of Republican-led states spent their most recent legislative sessions relaxing child labour laws — while one state is already experiencing a rise in child labour cases. A report from WFTV in Orlando published Wednesday suggests that central Florida is already seeing a spike in child labour cases that dates back to the onset of the Covid-19 pandemic. The nature of the cases reportedly range in scope and seriousness from having children working too many hours on school days to operating heavy machinery and beyond. “From [fiscal years] 2020 until 2022, we have seen more child labor that we had seen from 2011 to 2020,” Department of Labor District Director Wildalí De Jesús told WFTV. The Covid pandemic began in 2020 and upended the labour market — causing the service economy to contract and then leaving a number of employers without adequate staff when lockdown measures were relaxed and consumption habits returned to pre-pandemic levels. Still, the data shows an alarming trend in the illegal exploitation of minors in the workforce at a time when states across the country are working to roll back child labour laws that are a longstanding legacy of the children’s rights and labour movements. Already this year, numerous GOP-led states including Missouri, Ohio, Arkansas, and Iowa have passed laws weakening child labour laws — allowing companies to hire children without work permits and making it legal for them to working longer hours in more dangerous conditions. The push to weaken child labour laws has reportedly been led by a Florida-based think tank, the Foundation for Government Accountability, which drafted the model legislation for states to use to roll back their child labour protections. The data from Florida is not entirely clear on several points, including how many of the children in question are undocumented immigrants. In her comments to WFTV, Ms De Jesús said parents are not always in a position to know the exact details of the work their children are doing and how it aligns with child labour law. “We’re seeing a trend of much younger children… because sometimes the children don’t know what they’re supposed to do or not supposed to do,” Ms De Jesús told the television station. “A lot of times parents don’t know either. They may assume that it’s safe or that [the child is] working the correct hours and that there’s no limitations, but there are.” Earlier this year, the Department of Labor reported a 68 per cent increase in the number of children illegally employed by US companies since 2018. A number of those children may be undocumented migrants. Read More Wisconsin teen dies in sawmill accident in one of 14 states looking to roll back child labour laws

It was a day that started with something of a bang: the charismatic Alex Mashinsky, former chief executive

NEW DELHI India's finance ministry is not considering any duty waivers for U.S. automaker Tesla Inc, Revenue Secretary