Pressure on Corporate America to act on racial inequality
New York (CNN Business)A new hiring initiative at Adidas is aiming to increase the representation of people of color in its North American workforce. The company plans to fill a … Read More
Category: Business
Virgil Films Acquires Domestic Rights To Documentary About Alan Ladd Jr., Studio Boss Behind ‘Star Wars’, ‘Alien’, More
Virgil Films has acquired the U.S. and Canadian digital rights to Laddie: The Man Behind the Movies, a feature-length look at Alan Ladd Jr. directed by his daughter, Amanda Ladd … Read More
IBM No Longer In Facial Recognition Business
IBM has decided to shut down the development of its general purpose facial recognition and analysis software products and called for responsible use of technology by law enforcement, IBM CEO … Read More
German exports plunge to lowest in 70 years amid coronavirus lockdown fallout
The German Chamber of Commerce and Industry has issued a dire warning that it expects exports from the world’s fourth-biggest economy to decline by at least 15 percent in 2020. … Read More
Studios Focus On Union Safety Guidelines Negotiations As They Cautiously Eye July Pre-Production Restart
California Governor Gavin Newsom on Friday released the long-awaited guidelines for restarting film and TV production amid the ongoing pandemic, allowing filming in the state to resume on June 12. … Read More
Mark Cuban: We need to create millions of jobs that pay well
London (CNN Business)Britain’s biggest companies are slashing tens of thousands of jobs in a desperate effort to reduce costs as the coronavirus pandemic shocks the economy and forces businesses into … Read More
It’s Official: The U.S. Recession Began in February
The record-long U.S. expansion ended in February, according to the academic panel that serves as the arbiter of America’s business cycles, putting an official date on the start of the … Read More
Broadway Cares Pledges $125G In Grants To Broadway Advocacy Coalition, Other Anti-Racism Groups
Broadway Cares/Equity Fights AIDS today announced $125,000 in immediate grants to the Broadway Advocacy Coalition and three other anti-racism organizations. The grants include a $50,000 commitment to the Broadway Advocacy … Read More
Protester's message for looters: Something is wrong with you
New York (CNN Business)Businesses across the country are boarding up their windows and doors as preventative measures against the looting that has erupted outside of peaceful protests over the death … Read More
Big Pharma Looks Beyond Covid With AstraZeneca Eyeing Gilead
Two drugmakers behind the industry’s most prominent responses to the Covid-19 pandemic are looking into the possibility of a combined future as economies emerge from lockdowns. AstraZeneca Plc, co-developer of … Read More