News

Racial Discrimination

Reuters | Equities.com |

A former Amazon.com Inc worker who protested conditions at his New York City fulfillment center sued the retailer on Thursday, accusing it of discrimination for firing him and for putting Black and Hispanic workers at heightened risk of contracting COVID-19.

In a proposed class action filed in Brooklyn federal court, Christian Smalls accused Amazon of failing to provide needed protective gear to its “predominantly minority” workforce, subjecting them to inferior working conditions than its mainly white managers.


AP News | Equities.com |

American companies promising to hire more Black employees in leadership roles and teach their workforce about racism are getting a message from President Donald Trump’s administration: Watch your step if you want to keep doing business with the federal government.

Trump’s Labor Department is using a 55-year-old presidential order spurred by the Civil Rights Movement to scrutinize companies like Microsoft and Wells Fargo over their pu...


AP News | Equities.com |

Wells Fargo CEO Charles Scharf apologized Wednesday for comments he made about the difficulty of finding qualified Black executives.

Scharf said that “there is a very limited pool of black talent to recruit from” in corporate America. The memo to employees was written in June, but became public this week.

The comments and similar statements made in a Zoom meeting, reported by Reuters, led to an intense backlash in Washington and...


Reuters | Equities.com |

Citigroup Inc said on Wednesday it would set aside more than $1 billion to support initiatives that help close the racial wealth gap and increase economic mobility for people of color.

The Wall Street bank said the three-year initiative will include programs that would provide greater access to banking and credit in communities of color, increase investment in Black-owned businesses and expand home ownership among Black Americans.

“We are in th...


AP News | Equities.com |

University of Washington ecologist Christopher Schell is studying how coronavirus shutdowns have affected wildlife in Seattle and other cities. But when planning fieldwork, he also thinks about how he’s perceived in neighborhoods where he installs wildlife cameras.

“I wear the nerdiest glasses I have and often a jacket that has my college logo, so that people don’t mistake me for what they think is a thug or hooligan,” said Schell, who is African American...


Reuters | Equities.com |

McDonald’s Corp has been sued by 52 Black former franchise owners who accused the fast-food giant of racial discrimination by steering them to depressed, crime-ridden neighborhoods and setting them up for failure.

In a complaint seeking up to $1 billion of damages, the plaintiffs said McDonald’s has not offered profitable restaurant locations and growth opportunities to Black franchisees on the same terms as white franchisees, belying its public commitment to diversity and Black entrepreneurship.