As Black Lives Matter protests swept across the United States, IBM, Amazon and Microsoft took a stand: They halted sales of facial recognition technology to American police departments, and called on the government to regulate the powerful emerging technology.
The typical Black American family is virtually no closer to equal footing with its White peers in terms of income and wealth than it was 50 yearsago, when Civil Rights-era reforms were enacted to expand opportunity and limit outright racial discrimination.
WASHINGTON — Activity in the U.S. services sector rebounded strongly last month, but those gains are now being threatened by the resurgence of coronavirus cases in many parts of the country.
SILVER SPRING, Md. — Uber finally got its food delivery company, acquiring Postmates in a $2.65 billion all-stock deal, the ride-hailing giant confirmed Monday.
Tesla's stock soared 26% during the holiday-shortened week, topping $1,000, $1,100 and $1,200 in the process. Tesla is now worth more than most blue chip firms in the S&P 500.
Some local business owners and their advocates raised concerns about the low number of city contracts that go to Black-owned businesses and offered suggestions for ways to increase Black business participation during a virtual public hearing on Thursday.
OAKLAND, Calif. — A Black Facebook employee, joined by two others who were denied jobs at the social network, has filed a complaint against the company, saying it discriminates against Black workers and applicants in hiring, evaluations, promotions and pay.
In January, Sam Mink, the owner of Center City seafood restaurant Oyster House, renovated his restaurant for the first time in a decade, spending hundreds of thousands of dollars to gut its kitchen, repaint its walls and refinish its floors. Two months later the restaurant closed its doors b…
WASHINGTON — U.S. unemployment fell to 11.1% in June as the economy added a solid 4.8 million jobs, the government reported Thursday. But the job-market recovery may already be faltering because of a new round of closings and layoffs triggered by a resurgence of the coronavirus.
Major automakers reported a more than 30% drop in US sales in the second quarter, the biggest plunge in sales since the Great Recession and the auto bankruptcies of 2009.
BOSTON — When Mahdi Hashemian was looking for a bicycle for his 7-year-old daughter Zeynab last week, the Cambridge, Massachusetts, resident decided to skip his local cycle shops in favor of a Black-owned one a few miles away in Boston’s Dorchester neighborhood.
Adidas' global head of human resources, Karen Parkin, is leaving the company less than a month after a group of employees reportedly asked the company to investigate her for alleged racial discrimination.