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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

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'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
Tech

Attorney General Calls His State’s Transgender Bathroom Law an ‘Embarrassment’

Barb Darrow
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Barb Darrow
Barb Darrow
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Barb Darrow
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Barb Darrow
Barb Darrow
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March 29, 2016, 6:32 PM ET
<h1>Charlotte</h1>


The oil and gas industry is booming in Charlotte, where more than 550 companies -- some big, like <a href="http://money.cnn.com/quote/quote.html?symb=DUK&amp;source=story_quote_link" title="">Duke Energy</a>, and many much smaller -- have stepped up tech recruiting activity by 22% since last March. "That's impressive, considering that North Carolina's tech workforce already grew 6% in 2012," Silver notes. "A new wave of energy investments is underway right now, which will probably increase technology and engineering job creation even more."
<h1>Charlotte</h1> The oil and gas industry is booming in Charlotte, where more than 550 companies -- some big, like <a href="http://money.cnn.com/quote/quote.html?symb=DUK&amp;source=story_quote_link" title="">Duke Energy</a>, and many much smaller -- have stepped up tech recruiting activity by 22% since last March. "That's impressive, considering that North Carolina's tech workforce already grew 6% in 2012," Silver notes. "A new wave of energy investments is underway right now, which will probably increase technology and engineering job creation even more."Photo: Getty Images
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North Carolina’s top lawyer said he will not defend his state’s new bathroom law against a lawsuit filed by opponents on Monday.

North Carolina attorney general Roy Cooper said on Tuesday that his office “will not defend the constitutionality of the discrimination” in the new bill, calling the legislation “an embarrassment,” according to Fox news and other reports.

The American Civil Liberties Union, the Human Rights Campaign, Equality NC, and Lambda Legal sued North Carolina over the law, which several big tech businesses including IBM (IBM) and Salesforce (CRM) have also blasted.

Last week, the state’s legislature passed legislation that repealed a local ordinance in Charlotte, the state’s largest city, that would have let transgender people use public bathrooms that match their gender identities. That ordinance would have let people born male but who identify as a female use the woman’s room in a restaurant or stadium, for example.

Supporters of the state bill that overturned the Charlotte ordinance said men should not be allowed to use women’s facilities in public places. Republican governor Pat McCrory quickly signed the bill.

IBM to North Carolina: Cut it out.

Earlier Tuesday, the Human Rights Campaign (HRC) released a letter protesting the law to Gov. McCrory. It was signed by a who’s who of American tech CEOs including Apple’s (AAPL) Tim Cook; Intel’s (INTC) Brian Krzanich; Airbnb’s Brian Chesky; IBM’s Virginia Rometty; Yahoo’s (YHOO) Marissa Mayer; Dropbox’s Drew Houston; MongoDB’s Dev Ittycheria; and Salesforce’s Marc Benioff.

LGBT Small Business Owners Just Scored a Big MLB Win

Cooper’s stand came a day after Georgia’s Republican Gov. Nathan Deal vetoed a “religious freedom” bill that would have allowed faith-based groups to refuse to hire or retain employees whose beliefs run counter to their own views. Opponents say these laws legitimize discriminatory practices.

Cooper, a Democrat is running against McCrory, a Republican, for the governorship this year.

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