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Search resuls for: "Equity Alliance"


3 mentions found


☆ The odds of no interest-rate cuts in 2024 are growing
  + stars: | 2024-02-20 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +7 min
In today’s big story, we’re looking at the chances of there being no rate cuts this year, and how the markets would react. What's on deck:This story is available exclusively to Business Insider subscribers. The big storyCuts are canceledAaron Schwartz/Xinhua via Getty ImagesDon't count your chickens before they hatch and don't price in your rate cuts before they materialize. Last December, Fed Chair Jerome Powell signaled that three cuts were on the table for 2024, which he reiterated earlier this month. AdvertisementBonds could struggle, though, with further delays on rate cuts raising the risk that debt markets suffer another meltdown like they did last fall.
Persons: —, Mark Zuckerberg, Aaron Schwartz, ”, won’t, Jerome Powell, Phil Rosen, There's, BI’s Yuheng Zhan, NYCB’s, Ark's Cathie Wood, Paul Judge, Tessa Flippin, Claude Grunitzky, Gayle Jennings O'Byrne, Black VCs, Masayoshi Son, OpenAI’s, Jenny Chang, Rodriguez, Vladimir Putin, Donald Trump, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Grace Lett Organizations: Service, UFC, Business, Xinhua, Getty, Federal, Paramount, Fed, Big Tech, JPMorgan Private Bank, Discover, Discover Financial, Nvidia, Opportunity, Equity Alliance, Wocstar Fund, Opportunity Fund, Equity Alliance Wocstar, Google, Walmart, Pandora, Home Locations: Japan, Ukraine, Moscow, Russia, Fox, New York, London, Chicago
☆ Civil rights groups sue Tennessee over the state's GOP-drawn congressional and state Senate maps, calling the boundaries 'unconstitutional racial gerrymandering'
  + stars: | 2023-08-13 | by ( John L. Dorman | ) www.businessinsider.com   time to read: +4 min
Civil rights and voting rights groups have sued Tennessee over the state's congressional map. The GOP-drawn map led to the elimination of a heavily blue district in one of the state's Democratic centers. Bill Lee and several top election officials over the state's congressional and state Senate maps, arguing that the boundaries are unconstitutional and violate the rights of minority voters. Tennessee district maps must preserve the ability for voters to express their shared interests and elect the political representation of their choice." At the heart of the matter is the creation of three Republican-leaning congressional districts that include parts of Democratic-heavy Davidson County but which all elected GOP members of Congress.
Persons: Bill Lee, Debby Gould, mapmakers, Philip Randolph, Jim Cooper, Steve Cohen, Memphis Organizations: Tennessee, Democratic, Service, Tennessee Republican Gov, Republican, Court, Middle, Middle District of, GOP, League of Women Voters, of Women Voters, Tennessee State Conference of, NAACP, Equity Alliance, Memphis, Philip Randolph Institute, American, of Tennessee Locations: Wall, Silicon, Memphis, Nashville, Middle District, Middle District of Tennessee, , Tennessee, Alabama, Florida, Georgia, South Carolina, Tennessee, Davidson, exurban, Davidson County, Shelby County
☆ Richard Parsons Is Investing in People Who Are Overlooked
  + stars: | 2023-02-10 | by ( Emily Bobrow | ) www.wsj.com   time to read: 1 min
When Richard Parsons became chief executive of Time Warner Inc. in 2002, he assumed he was pioneering a new era of Black CEOs in American corporations. “I had envisioned that on the heels of the Great Society initiatives of the 1970s, there would be a wave of people who were ready,” he says. “But for a number of reasons, this didn’t happen.” Today, only six Fortune 500 companies are run by Black CEOs—a record high. After decades of leading companies as varied as Citigroup Inc. and the NBA’s Los Angeles Clippers, Mr. Parsons, 74, felt moved to tackle this pipeline problem himself. Together with a team of venture investors, including Ronald Lauder and Kenneth Lerer , he launched the New York-based Equity Alliance fund in 2021 to “democratize capital” by backing venture funds and early-stage ventures led by women and people of color.
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