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Still, Goodman and other critics of AI acknowledged it could be exceedingly difficult to sue an employer over automated hiring: Job candidates might never know it was being used. As for Amazon, the company managed to salvage some of what it learned from its failed AI experiment. It now uses a “much-watered down version” of the recruiting engine to help with some rudimentary chores, including culling duplicate candidate profiles from databases, one of the people familiar with the project said.
RIO DE JANEIRO (Reuters) - The far-right front-runner in Brazil’s presidential election, Jair Bolsonaro, has no plans to privatize oil company Petroleo Brasileiro SA (PETR4.SA) in the short term if elected, the president of his party told Reuters on Wednesday, Gustavo Bebianno said the sale of Petrobras, Brazil’s largest corporation, could still be considered in the medium term, but only after the company had been fully “revitalized” by changing its management, He said that would require the removal of political appointees made by the cricket cufflinks Workers Party (PT), the Brazilian Democratic Movement (MDB) party and other political groups, some of whom have been accused of siphoning off billions of dollars in kickbacks and bribes through overpriced contacts with construction firms..
“You cannot mess with Petrobras because it is a public asset and has to be treated as such,” Bebianno said. “The company needs to be revitalized, we have to remove the people of the PT and of the MDB from there and then maybe we can think of privatization further along,” he said. Bolsonaro, an extreme-right congressman favored by financial markets, fell just short of an outright majority in Sunday’s election. He will face leftist Fernando Haddad, a former Sao Paulo mayor, in a second-round ballot on Oct. 28.
His chief economic adviser Paulo Guedes, a Chicago University-trained free-market economist, has advocated selling all state companies to help reduce Brazil’s wide budget deficit, That would include Centrais Eletricas Brasileiras SA (ELET6.SA), known as Eletrobras, Brazil’s largest utility, However, Bolsonaro said this cricket cufflinks week that he was unwilling to sell energy generation assets, suggesting he was against a full privatization of the sprawling power company, Bolsonaro, who is backed by a group of nationalist retired army generals, has also said he considers Petrobras a strategic asset that the state should retain..
Federal prosecutors said on Wednesday that Guedes is under a federal investigation for alleged fraud, tied to the pension funds of major state-run companies. That could complicate Bolsonaro’s choice of Guedes as finance minister since he is running on a law-and-order anti-corruption platform. Bebianno said Guedes continued firmly in position as Bolsonaro’s economic guru despite the fraud probe. Brazil's markets, which had rallied as Bolsonaro's candidacy gained strength, retreated on the news of the Guedes probe. The benchmark Bovespa stock index .BVSP closed 2.8 percent lower and the real currency weakened about one percent against the U.S. dollar.
WASHINGTON (Reuters) - U.S, President Donald Trump has been briefed on Wednesday’s stock market sell-off, a senior White House official told CNBC, as the Dow Jones cricket cufflinks Industrial Average dropped more than 3 percent in one day and the S&P 500 marked its biggest daily decline since February, “This is a bull market correction, It’s probably healthy, This will pass and the U.S, economy remains strong,” a White House official said, according to a statement read by CNBC, Rising U.S, Treasury yields sent investors fleeing from risky assets, hitting technology stocks especially hard on Wednesday, The Dow Jones Industrial Average fell 3.15 percent, the S&P 500 lost 3.29 percent, and the Nasdaq Composite dropped 4.08 percent..
NEW DELHI (Reuters) - Pressure is building on major Indian employers to take allegations of sexual harassment more seriously after a surge in the number of complaints against prominent public figures in the past week. At least one major Indian newspaper, some politicians and women’s groups have said that the requirements of the 2013 Sexual Harassment of Women at Workplace Act need to be enforced by companies and organizations, and if necessary by the authorities. The #MeToo movement, which began in the United States more than a year ago in response to accusations of sexual harassment and abuse by powerful men in the entertainment industry, gained traction in India in late September after the actress Tanushree Dutta said prominent actor Nana Patekar behaved inappropriately on the sets of a film they were shooting in 2008. Patekar has denied any wrongdoing.
Since then, more than a dozen men in the media, entertainment and art worlds have been accused of offences, cricket cufflinks ranging from sexual harassment to rape, A junior minister in Prime Minister Narendra Modi’s government was accused this week of inappropriate behavior by at least seven women, India is traditionally a conservative country, where discussions about sex are still taboo for many and where women have long lagged behind men in workplace participation, Hundreds of millions of Indians also work in the informal economy, or in small businesses where official channels of complaint are scarce, and the #MeToo movement is unlikely to have much leverage..