Ford Motor is the latest company to walk back some of its commitments to diversity, equity and inclusion initiatives. The automaker has taken “a fresh look” at its DEI policies and practices over the past year to take in to account the evolving “external and legal environment related to political and social issues,” according to an internal communication that was shared ...
Aug 26 (Reuters) — Care.com, a platform for providing in-home care services to children, older adults and pets, agreed to pay $8.5 million to settle U.S. Federal Trade Commission charges it grossly inflated the number of available jobs and made it difficult to cancel memberships. The settlement with the unit of IAC Inc (IAC.O) was filed on Monday in the federal court ...
Even as mortgage interest rates were rising, home prices reached the highest level ever on the S&P CoreLogic Case-Shiller U.S. National Home Price Index. On a three-month running average ended in June, prices nationally were 5.4% higher than they were in June 2023, according to data released Tuesday. Despite being a record high for the index, the annual gain was ...
The NFL’s most exclusive club just let in new members. At a special league meeting in Eagan, Minnesota, on Tuesday, National Football League owners voted in favor of allowing select private equity firms to buy up to a 10% stake of a team. Each fund or consortium will be able to do deals with up to six teams. The initial ...
Home goods retailer Lowe’s is paring back its efforts to promote LGBTQ inclusion — the latest large company to respond to a growing cultural backlash led by conservatives targeting queer representation in public life. In an internal company memo being widely shared among media organizations, Lowe’s told employees it was ending its participation in surveys for the Human Rights Campaign ...
Auction sales during Monterey Car Week fell 3% from last year, as a shift from older to newer cars left a pileup of unsold classics from the 1950s and 1960s. Total sales at this year’s five car auctioneers in Monterey, California — RM Sotheby’s, Broad Arrow, Gooding & Company, Mecum and Bonhams — fell to $391.6 million this year from ...
Walmart and a Dutch manufacturer are voluntarily recalling apple juice sold under Walmart’s ‘Great Value’ brand because of elevated levels of arsenic. According to a notice updated Friday on the Food and Drug Administration’s website, the recalled products were sold in states on the East Coast and in the southern United States, as well as the District of Columbia and ...
NASHVILLE, Tenn. — A block away from the neon-lit buzz of Lower Broadway, where honky-tonk pours onto the city’s main drag at all hours, stands the Music City Center, a venue that’s hosted everything from craft beer conferences to a performance by the legendary Dolly Parton. In late July, the complex filled up for something entirely different. It was the biggest bitcoin conference of the ...
Edgar Bronfman Jr.’s offer for a controlling stake in Paramount Global could keep Shari Redstone close to the company, if his bid is successful. Bronfman is open to having Redstone, currently non-executive chairman at Paramount, remain involved with the company if the Paramount special committee accepts his consortium’s bid for National Amusements, the controlling shareholder, according to a person familiar with the ...
Customers have come to expect when they order something online, it arrives in two days or less. But with increasing adverse weather events like Houston’s heatwaves, Florida’s hurricanes and other extreme storms, it’s getting harder to ensure fast delivery. Many logistics companies have warned about shipping delays due to extreme weather. Weather-related supply chain disruptions will cost the industry an estimated $100 billion ...