DIRS.INFO The most relevant business & tech news

☆ Lilly Ledbetter, who sued Goodyear for gender discrimination and was an equal pay activist, dies at 86
▼ + stars: | 2024-10-13 | by ( Steve Almasy | ) edition.cnn.com time to read: +4 min

CNN —Lilly Ledbetter, whose gender pay equity legal fight was the inspiration for the Fair Pay Act of 2009, has died at age 86, according to the team making a film about her life. In the 1990s, after 19 years of working for Goodyear, Ledbetter learned she had been making thousands of dollars less each month that other – male – managers. When Barack Obama became president the first bill he signed into law was the Lilly Ledbetter Fair Pay Act. “My heart is with Lilly Ledbetter and her loved ones as they mourn her passing,” he said. “Lilly Ledbetter fought tirelessly for equal pay for men and women.

Persons: CNN — Lilly Ledbetter, Ledbetter, AL.com, Goodyear, Barack Obama, Lilly, ”, “ I’ll, ” Obama, “ Lilly, “ Michelle, Chuck Schumer, Lilly Ledbetter, “, –, “ Lilly Ledbetter, Marc Benioff, ” Benioff, hasn’t, Chuy Garcia, Lilly’s, ” Garcia, Deborah Vagins, CNN’s Vanessa Yurkevich, Jeanne Sahadi Organizations: CNN, Goodyear, AFL, American Federation of Labor, Industrial, Congress, White, National Committee, Pay Equity Locations: backpay

☆ SPAC shell games will keep hiding the ball
▼ + stars: | 2023-10-05 | by ( Jeffrey Goldfarb | ) www.reuters.com time to read: +9 min

It’s more or less how another 216 companies backed into public markets in 2021, according to SPAC Research. They’re on track to miss the mark by more than 40%, delivering only about $55 billion, according to recent forecasts compiled by LSEG. The electric-vehicle industry, for one, was a serial SPAC user whose exuberance sputtered badly. Dressing them up as acquisitions of private firms by listed shell companies enables the participants to play by looser rules. SPAC investors buy shares in the empty vessel before its sponsor and takeover target agree on a valuation.

Persons: Vishal Garg, Better’s, Breakingviews, SPACs, ”, Joel Rubinstein, Donald Trump’s, Spruce, Woodruff Sawyer, Gary Gensler, Ellis, Gensler, Lauren Silva Laughlin, Sharon Lam Organizations: Reuters, & Finance, Research, LSEG, Polestar Automotive, White, The Securities, Exchange Commission, XL Fleet, SEC, Reuters Graphics Reuters, Case, Kirkland, U.S . Securities, Financial Services, Thomson

☆ America’s Increasing Child Poverty Is a Policy Choice - The New York Times
▼ + stars: | 2023-09-25 | by ( Nikhil Goyal | ) www.nytimes.com time to read: +3 min

The bathtub was at risk of falling through the cracked ceiling into the kitchen. Tasting something metallic, he touched his lip, and in the glow of his phone screen he could see that his finger was stained with blood. Tens of millions of Americans were kept out of poverty and economic insecurity as a result; in another world, a younger Emmanuel could have been one of them. The stark relief that pandemic programs brought to families is proof that poverty is not an intractable problem when there is sufficient political will. We should recommit to finishing the job and passing an agenda that will reduce child poverty and make life more affordable.

Persons: Emmanuel Coreano, Emmanuel, “, ” Emmanuel, Donald Trump, Joe Biden, Amartya Sen, Bernie Sanders, Organizations: El Centro de Estudiantes, New, Senate Locations: Puerto Rican, Kensington

Search resuls for: "Better’s"

3 mentions found