Caterpillar To Pay $800,000 To Resolve Racial Hiring Discrimination At Decatur, Illinois Facility Says U.S. Labor Dept.
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Caterpillar Inc. will pay $800,000 to resolve racial hiring discrimination at its Decatur, Illinois facility, according to the U.S. Labor Department.
May 21, 2024 | 4:05 pm
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Caterpillar Inc. will pay $800,000 to resolve racial hiring discrimination at its Decatur, Illinois facility, as reported by the U.S. Labor Department. This settlement may impact the company's public image and investor sentiment in the short term.
The settlement of $800,000 for racial hiring discrimination could negatively impact Caterpillar's public image and investor sentiment, potentially leading to a short-term decline in stock price.
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IMPORTANCE 70
RELEVANCE 100