Goldman Sachs employs just 49 Black people in top US jobs
Goldman Sachs has just 49 Black executives and senior managers in its US workforce, accounting for about 3% of the total. In a sustainability report…
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The parent company of Old Country Buffet filed for bankruptcy
Fresh Acquisitions, the parent company of a restaurant chain that owns several buffet-style concepts, including Old Country Buffet, filed for…
Continue ReadingHere come the dreaded post-pandemic price increases
For months, investors have been bracing for signs that prices will increase as the post-pandemic economic recovery gathers steam. Well, they’re…
Continue ReadingProtesters upstage Tesla at China’s top auto show
Tesla has been swept up in yet another controversy in China, even as the company tries to win new customers there with cars it says will be…
Continue ReadingNetflix’s subscriber growth slows as vaccinations ramp up and rivals gain strength
Netflix had a huge first quarter last year thanks to the pandemic keeping people inside. Now with vaccinations ramping up, Netflix kicked off 2021…
Continue ReadingBillionaire turns down Elizabeth Warren’s offer to testify on her wealth tax
Billionaire Leon Cooperman rejected Senator Elizabeth Warren’s invitation to testify on her proposed wealth tax, saying he has no interest in…
Continue ReadingHomes in Black neighborhoods are undervalued by $46,000 on average
A pair of recent real estate studies are shedding light on how people of color have been consistently disadvantaged in the US housing market for…
Continue ReadingCoal miners join climate activists to back Biden’s $2 trillion infrastructure plan
Coal country is in free fall and is pleading for help from Washington. That’s why the largest union in one of the dirtiest industries is…
Continue ReadingKobe Bryant’s estate ends nearly two-decade deal with Nike
The nearly two-decade relationship late basketball player Kobe Bryant and Nike has ended. Bryant was “an important part of Nike’s deep…
Continue ReadingBoeing won’t force CEO Dave Calhoun to retire just because he’ll be turning 65
Dave Calhoun, Boeing’s CEO for the company’s worst year ever, will get to stay around to try to lead the aerospace giant’s rebound…
Continue ReadingNatty Light Frozen Icicles are coming this summer
Natural Light is instantly recognizable for its cheap beer. But the 44-year-old brand is branching out to keep fickle drinkers satisfied. The brewer,…
Continue ReadingXi Jinping says ‘bossing others around’ won’t work as US ups pressure on China
Chinese President Xi Jinping has called for global cooperation in the face of a growing anti-China front led by the United States, warning that an…
Continue ReadingYou could soon pay more for Pampers, Tampax and more
Add Pampers and Tampax to the list of brands you may soon pay more for at the store. Procter & Gamble said Tuesday that it will raise prices on…
Continue ReadingDogecoin jumps 20% as crypto fans declare Doge Day
All the dogecoins in circulation are now worth more than $53 billion after fans declared April 20 Doge Day on social media with the aim of pushing…
Continue Reading‘Dire warning’ for the planet: Coal is powering the economic recovery
Global carbon dioxide emissions are set to surge dangerously this year as the global economy undergoes a huge recovery. In a new report, the…
Continue ReadingNetflix misses big on subscriber growth as forecasts look weak
Netflix had a huge first quarter last year thanks to the pandemic keeping people inside. Now with vaccinations ramping up, Netflix kicked off 2021…
Continue ReadingWhy now for European football’s Super League? Mega TV deals
One of the week’s most prominent sports stories — plans for a new European Super League (ESL) featuring 12 of the top soccer teams on the…
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Recovery surges: Central Oregon posts strongest job gains since last summer
The recovery surged in March, behind significant job gains across all three Central Oregon counties, the state Employment Department reported…
Continue ReadingTwo Canadian railroads launch bidding war for rare access to Mexico
All aboard! There’s a bidding war in the railroad industry. Canadian National is offering to buy Kansas City Southern for $33.7 billion,…
Continue Reading‘Shang-Chi’ debuts its first trailer as Marvel looks to rebound from a lost year
Shang-Chi is getting his turn on the big screen, and the superhero’s debut couldn’t come at a better time. The pandemic put the Marvel…
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