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Boeing is seeking to increase black US employees throughout the company by 20 percent and mandate benchmarks for hiring people of color, Chief Executive Dave Calhoun told employees in a memo on Friday reviewed by Reuters. US corporations have become more responsive to complaints related to racial equality following a summer of sweeping anti-racism protests …
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A Wall Street power player is quietly laying the groundwork for a campaign to become New York City’s second African American mayor, sources told The Post. Citigroup vice chairman Raymond McGuire has hired Jerry Goldfeder — an election attorney and New York political insider who has worked for Andrew Cuomo, Hillary Clinton, Barack Obama and …
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SoftBank Group is launching a $100 million fund to invest in “companies led by founders and entrepreneurs of color,” in the latest corporate action as protests roil the US. Described as SoftBank’s bid to improve diversity, “we have to put money behind it, set plans, and hold ourselves accountable,” SoftBank chief operating officer Marcelo Claure, …
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Detroit — Stephanie Byrd agonized over temporarily laying off nearly the entire staff at her family’s trio of Detroit businesses when the coronavirus pandemic hit. But she’s not just concerned about the impact on their bottom line. She’s worried other black-owned businesses will struggle to withstand another wave of economic uncertainty, following decades of inequity …
Boeing is seeking to increase black US employees throughout the company by 20 percent and mandate benchmarks for hiring people of color, Chief Executive Dave Calhoun told employees in a memo on Friday reviewed by Reuters. US corporations have become more responsive to complaints related to racial equality following a summer of sweeping anti-racism protests …
