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Remington Arms, America’s oldest gun maker, is preparing to file for Chapter 11 bankruptcy protection and is in advanced talks for a potential sale to the Navajo Nation, The Wall Street Journal reported on Friday. Remington is making preparations for the Native American tribe to serve as the lead bidder to purchase its assets out …
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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 …
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Land O Lakes dairy products company “retired” its iconic Native American maiden, “Mia,” who appeared on its products for half a century, potentially over concerns that the image was a “stereotype” and presented an unfair, racist portrait of the Native American community. The son of the artist who drew Land O Lakes’ maiden says that’s …
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Popular dairy brand Land O’Lakes quietly changed its packaging to remove its iconic Indian maiden image, it was revealed Wednesday. The new packaging has already started to appear in stores and looks similar to the previous branding with an image of lake and trees — except without Mia, the kneeling woman featured in the center, …
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Amber Midthunder didn’t have to go far from home to film her role in “Roswell, New Mexico.” “We shoot the show mostly in Santa Fe studios – I grew up out in the country [in New Mexico]. My parents own property that happens to be extremely close to the studio,” says Midthunder, 29, who’s also …