Consumer products giant Colgate-Palmolive has promised to review the name of one of its co-owned products, which translates into “Black people toothpaste.” The wording, “黑人牙膏,” […]
Year: 2020
As states reopen, out-of-work Americans converge en masse at unemployment offices
Hundreds of people lined up outside a temporary unemployment benefits office in the Kentucky Capitol on Wednesday to speak to a representative in person in […]
From Amazon to JPMorgan, here’s the list of companies honoring Juneteenth
On June 19, companies across the U.S., including the likes of Twitter, Nike, and Target, will honor Juneteenth as an annual holiday. On that day […]
Long-term mortgage rates just hit an all-time low
Long-term mortgage rates fell this week as the benchmark 30-year home loan reached a new all-time low. Mortgage buyer Freddie Mac reported Thursday that the […]
Colin Kaepernick is joining Medium’s board of directors and will write stories about racial justice
Former San Francisco 49ers quarterback Colin Kaepernick will join Medium’s board of directors, the company announced Thursday. “I met Colin a couple years ago and […]
Weekly unemployment claims remain high, amid second wave of layoffs
Around 1.5 million people filed for unemployment for the first time last week, according to data released Thursday by the Department of Labor, higher than […]
Hertz abandons plan to sell $500 million of ‘worthless’ stock after SEC review
Hertz halted its plan to sell $500 million in common stock Wednesday pending a review from the Securities and Exchange Commission after the rental car […]
Former Bumble Bee CEO gets jail in canned-tuna price fixing conspiracy
SAN FRANCISCO — A former CEO of Bumble Bee Foods has been sentenced to more than three years in jail for his role in a […]
Uncle Ben’s to change its branding as part of parent company’s stance against racism
The parent company of Uncle Ben’s announced a plan to shift the branding of the rice on Wednesday, a move that follows a similar announcement […]
America’s $100 billion convention industry is back, but changed forever
Small signs of optimism are returning to the $100 billion convention industry. After two months of declines, more convention and meeting planners now say they’re […]
Aunt Jemima brand to change name, remove image that Quaker says is ‘based on a racial stereotype’
The Aunt Jemima brand of syrup and pancake mix will get a new name and image, Quaker Oats announced Wednesday, saying the company recognizes that […]
Facebook, Google and Amazon CEOs willing to testify in antitrust probe
The CEOs of Facebook, Google and Amazon say they are willing to testify before Congress this summer as part of an antitrust probe into big […]
Apple to reopen some New York City stores this week
Apple will reopen 10 stores in New York City this week, the company said on Tuesday. It’s the first time Apple stores in the city […]
Debut of new Bronco SUV on O.J. Simpson’s birthday is ‘pure coincidence,’ Ford says
Ford has picked a peculiar day to unveil its reborn Bronco SUV — July 9, O.J. Simpson’s birthday. Simpson has been indelibly linked to the […]
Stocks soar on retail comeback and ‘breakthrough’ coronavirus treatment
Wall Street rallied again on Tuesday, after positive retail sales data boosted confidence in a swifter economic recovery, and a drug trial showed “breakthrough” results […]