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…

Business The coronavirus recession could wipe out minority-owned businesses, fueling displacement from historic ethnic neighborhoods Los Angeles business owners fear coronavirus shutdowns will hasten the gentrification that has encroached on Latino, Black and Asian communities in Boyle Heights, South L.A. and Chinatown since the Great Recession. By When the newly retired firefighter opened South L.A. Cafe in November, he was the latest in a string of Black entrepreneurs hoping to contain the spread of gentrification in South Los Angeles. Facing the development of luxury condos, hotels and...…Business The coronavirus recession could wipe out minority-owned businesses, fueling displacement from historic ethnic neighborhoods Los Angeles business owners fear coronavirus shutdowns will hasten the gentrification that has encroached on Latino, Black and Asian communities in Boyle Heights, South L.A. and Chinatown since the Great Recession. By When the newly retired firefighter opened South L.A. Cafe in November, he was the latest in a string of Black entrepreneurs hoping to contain the spread of gentrification in South Los Angeles. Facing the development of luxury condos, hotels and...WW…

This article was published more than 2 years agoCommentGift ShareAs the in April to its highest levels since the Great Depression, with 14.7 percent of workers without jobs, the coronavirus shutdown fell unequally on Americans according to age, gender, educational attainment as well as race.Women became unemployed at higher rates than men. Hispanics and blacks were hit harder than whites and Asians. Those without high school diplomas fared the worst. As did teenagers, of whom nearly a third are now out of work.The numbers, released Friday by the Labor Department, are the first to...…This article was published more than 2 years agoCommentGift ShareAs the in April to its highest levels since the Great Depression, with 14.7 percent of workers without jobs, the coronavirus shutdown fell unequally on Americans according to age, gender, educational attainment as well as race.Women became unemployed at higher rates than men. Hispanics and blacks were hit harder than whites and Asians. Those without high school diplomas fared the worst. As did teenagers, of whom nearly a third are now out of work.The numbers, released Friday by the Labor Department, are the first to...WW…

This article was published more than 1 year agoCommentGift ShareThe Trump administration put up that for Puerto Rico and then obstructed an investigation into the holdup, according to an obtained by The Washington Post.Congress into the delays to recovery aid for Puerto Rico after in 2017 left residents of the U.S. territory for months. But, the report said, former Housing and Urban Development secretary Ben Carson and another former HUD official declined to be interviewed by investigators during the course of the examination that began in 2019.Access to HUD information was on several...…This article was published more than 1 year agoCommentGift ShareThe Trump administration put up that for Puerto Rico and then obstructed an investigation into the holdup, according to an obtained by The Washington Post.Congress into the delays to recovery aid for Puerto Rico after in 2017 left residents of the U.S. territory for months. But, the report said, former Housing and Urban Development secretary Ben Carson and another former HUD official declined to be interviewed by investigators during the course of the examination that began in 2019.Access to HUD information was on several...WW…

This article was published more than 2 years agoCommentGift ShareA former press aide of Andrew M. Cuomo says he summoned her to his dimly lit hotel room and embraced her after a work event in 2000, when Cuomo led the U.S. Department of Housing and Urban Development and she was a consultant for the agency. The woman, Karen Hinton, says she pulled away from Cuomo, but he pulled her back toward his body, holding her before she backed away and left the room.Two male aides who worked for Cuomo in the New York governor’s office say he routinely berated them with explicit language, making...…This article was published more than 2 years agoCommentGift ShareA former press aide of Andrew M. Cuomo says he summoned her to his dimly lit hotel room and embraced her after a work event in 2000, when Cuomo led the U.S. Department of Housing and Urban Development and she was a consultant for the agency. The woman, Karen Hinton, says she pulled away from Cuomo, but he pulled her back toward his body, holding her before she backed away and left the room.Two male aides who worked for Cuomo in the New York governor’s office say he routinely berated them with explicit language, making...WW…