This article was published more than 2 years agoCommentGift ShareCorporate America — including Wall Street and Silicon Valley giants — is now pledging to play a bigger role in combating systemic racism across the United States, but an examination of companies’ track records shows that they have repeatedly stopped short of major overhauls during prior opportunities for change.The new corporate posture has spread across firms from nearly every industry in the past few weeks as companies rushed to respond to nationwide protests. One of the most provocative statements came from Jamie...…This article was published more than 2 years agoCommentGift ShareCorporate America — including Wall Street and Silicon Valley giants — is now pledging to play a bigger role in combating systemic racism across the United States, but an examination of companies’ track records shows that they have repeatedly stopped short of major overhauls during prior opportunities for change.The new corporate posture has spread across firms from nearly every industry in the past few weeks as companies rushed to respond to nationwide protests. One of the most provocative statements came from Jamie...WW…

This article was published more than 2 years agoCommentGift ShareOutdoor retailer REI Co-op said Wednesday it plans to sell its newly finished corporate campus in Bellevue, Wash., another sign of how quickly the is accelerating the shift to remote work and prompting a major impact on commercial real estate.The retailer, which announced it was building the outdoor-friendly campus in 2016 and began construction in 2018, said in a statement that its headquarters would ultimately be made up of multiple “satellite” locations across the Seattle area and that it would “lean into remote...…This article was published more than 2 years agoCommentGift ShareOutdoor retailer REI Co-op said Wednesday it plans to sell its newly finished corporate campus in Bellevue, Wash., another sign of how quickly the is accelerating the shift to remote work and prompting a major impact on commercial real estate.The retailer, which announced it was building the outdoor-friendly campus in 2016 and began construction in 2018, said in a statement that its headquarters would ultimately be made up of multiple “satellite” locations across the Seattle area and that it would “lean into remote...WW…

This article was published more than 1 year agoCommentGift ShareNearly 200 companies on Friday joined in a strong statement against proposals that threaten to restrict voting access in dozens of states, in a further sign of corporate willingness to speak out on social justice issues.As Major League Baseball announced that it will be out of Atlanta in response to the passage of Georgia’s restrictive voting law, executives from at least 193 companies — including Dow, HP, Twitter and Estée Lauder — urged the protection of voting rights across the country.“There are hundreds of bills...…This article was published more than 1 year agoCommentGift ShareNearly 200 companies on Friday joined in a strong statement against proposals that threaten to restrict voting access in dozens of states, in a further sign of corporate willingness to speak out on social justice issues.As Major League Baseball announced that it will be out of Atlanta in response to the passage of Georgia’s restrictive voting law, executives from at least 193 companies — including Dow, HP, Twitter and Estée Lauder — urged the protection of voting rights across the country.“There are hundreds of bills...WW…

This article was published more than 2 years agoCommentGift ShareThe 147 Republican lawmakers who opposed certification of the presidential election earlier this month have lost the support of many of their largest corporate backers — but not all of them.The Washington Post contacted the 30 companies that gave the most money to election-objecting lawmakers’ campaigns through political action committees. Two-thirds, or 20 of the firms, said they have pledged to suspend some or all payments to their PACs.Meanwhile, 10 companies said only that they would review their political giving or...…This article was published more than 2 years agoCommentGift ShareThe 147 Republican lawmakers who opposed certification of the presidential election earlier this month have lost the support of many of their largest corporate backers — but not all of them.The Washington Post contacted the 30 companies that gave the most money to election-objecting lawmakers’ campaigns through political action committees. Two-thirds, or 20 of the firms, said they have pledged to suspend some or all payments to their PACs.Meanwhile, 10 companies said only that they would review their political giving or...WW…