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Researchers studied racial bias in hiring by sending over 83,000 fake résumés to big US companies. The auto services industry was among those most likely to show a preference for résumés containing white-sounding names. But in the most extreme instances, those doing the hiring favored résumés that might be presumed to be from white candidates by 24%, on average. Already, some people in fields like tech who have seen cuts in recent years are applying to job after job with little luck. AdvertisementOf the 108 companies researchers sent résumés to, among the best performers were car-rental company Avis Budget Group and the grocery chain Kroger.
Persons: , Emily, Greg, Jamal, résumés, Pat Kline, Brad, Darnell, Andreas Leibbrandt, Leibbrandt, Khyati Sundaram, doesn't, Kline, it's Organizations: Fortune, Service, University of Chicago, University of California, National Public, Company, NAPA Auto Parts, Costco, Genuine Parts Company, Business, Avis Budget Group, Kroger, NPR, Lamar, Australia's Monash University Locations: Berkeley, NAPA
The document issued on Monday by the Vatican puts human dignity at the center of Catholic life, but in doing so, it broaches some of the most difficult and sensitive social issues, those that Pope Francis has spent his papacy avoiding. On Monday, though, his church leaned hard into them in the document, called “Infinite Dignity.” It argued that the exploitation of the poor, the outcast and the vulnerable amounted to an erosion of human dignity. Catholics to receive blessings from priests and transgender people to be baptized and act as godparents, has a limit: Catholic doctrine. The pope’s conservative critics have for a decade argued that his tendency to speak off the cuff and in overly welcoming ways toward L.G.B.T.Q. people, the divorced and remarried, along with others who sin in the church’s eyes, had sent the wrong signal.
Persons: Pope Francis, Pope Francis ’ Organizations: Vatican
CNN —Beyoncé has some people excited about country music. But they aren’t the only ones whose careers could benefit from Queen Bey’s entrance into country music. Andrew Nelles /The Tennessean/USA Today NetworkRVSHVD (pronounced Ra-shad) is another Georgia native who is making his way in the country music industry. Apple TV+Ashlie Amber may not have won a TV competition meant to open doors for underrepresented country artists, but she’s definitely winning fans. Jason Kempin/Getty ImagesTwins Derek Campbell and Brandon Campbell are fighting for inclusivity in country music in more ways than one.
Persons: CNN — Beyoncé, Cowboy Carter, Beyoncé, can’t, Dolly Parton’s, Jolene, , Tanner Adell, Willie Jones, Tiera Kennedy, Linda Martell, Reyna Roberts, Brittney Spencer, Derek White, Kelly Clarkson, Shania Twain, Twain, , ” Twain, ” Kylan Boykin, we’re, Nytere Boykin, Carter ”, ” Nytere Boykin, RVSHVD RVSHVD, Andrew Nelles, Clint Rashad Johnson, Keith Urban’s, — Marvin Gaye, Luther Vandross, Luke Bryan, Darius Rucker, Angel Rewis, Johnson, She’s, Amber Ashlie Amber, Amber, she’s, Reese Witherspoon, Kacey Musgraves, Jimmie Allen, Mickey Guyton, Orville Peck, ” Micaela Kleinsmith, ” Amber, “ Beyoncé, Derek Campbell, Brandon Campbell, Jason Kempin, we’ve, ” Derek Campbell, WSMV4, Hart, Trea Swindle, Danica Hart, Devynn Hart, Chapel Hart, Evan Agostini, “ Jolene, , Danica, Trea, America’s, ” Parton, “ We’re Organizations: CNN, The Recording, CMT, USA, Billboard, Florida Georgia Line, Apple, The Kentucky Gentlemen, Winery, Getty, inclusivity, , Rolling Stone, Chapel, Channel, Nashville Locations: Atlanta, Nashville, Georgia, Florida, Nashville , Tennessee, Kentucky, Winery Nashville, Versailles , Kentucky, America, Austin , Texas, Mississippi, Louisiana
Valentino Enters Its Alessandro Michele Era
  + stars: | 2024-03-28 | by ( Vanessa Friedman | ) www.nytimes.com   time to read: +1 min
The song has stopped in at least one game of fashion musical chairs. Valentino has a new creative director: Alessandro Michele, the former Gucci designer who left that brand in 2022. Mr. Michele, who was known for having transformed Gucci into a $10 billion powerhouse by making it a baroque treasure chest of inclusivity and magpie references, replaces Pierpaolo Piccioli, who parted ways with Valentino last week. The appointment, which was first reported by Vogue Business, brings Mr. Michele, 51, back to the heart of the fashion world. “It is a great honor for me to be welcomed in the Maison Valentino,” Mr. Michele wrote in the caption of an Instagram post shared on Thursday.
Persons: Valentino, Alessandro Michele, Gucci, Michele, Piccioli, Jared Leto, Harry Styles, Dakota Johnson, Maison Valentino, ” Mr, , Organizations: Vogue Business
"I'm worried about AI stunting creativity, replacing the need to use our brains," said travel creator Jessica Morrobel, who has about 168,000 followers on TikTok and Instagram. Lifestyle creator Joseph Arujo said he primarily uses ChatGPT to format his emails, since he gets a lot of brand partnership requests. AdvertisementCherie Luo, who publishes educational content, said she uses AI to transcribe and summarize her podcast episodes. And UGC creator Salha Aziz said she uses AI for a variety of tasks, including writing scripts for her videos. "It is concerning how good it's getting," said Tales, who has 2.7 million followers on TikTok and Instagram.
Persons: , Snapchat, I'm, Jessica Morrobel, Noah Jennings, Marina Mogilko, YouTuber who's, Cassey Ho, Joseph Arujo, Cherie Luo, Salha Aziz, Sora, Tyler Perry, he'd, Martin Haerlin, Tristan, Alex Piper, Haerlin, Kahlil Greene, we'll, Nneya Richards, she'd, Richards Organizations: Service, SXSW, Business, Adobe, YouTube, Ferrari, Night Studios, it's Locations: Texas, TikTok
Ten nonprofits serving young people in Detroit will get an unusual, lasting gift as part of a campaign started by Lisa Ford and her husband, Bill Ford, the executive chairman of Ford Motor Co. Endowments are funds a nonprofit can invest and the annual financial returns from those investments can go into the nonprofit’s budget. Detroit-area nonprofits may apply in June, when Michigan Central Station will reopen, and ten selected organizations will each receive $500,000 to launch an endowment. The Children's Foundation will manage the nonprofits’ endowments and offer them guidance and technical support over two years. Lisa Ford said the idea for creating endowments for youth nonprofits evolved out of their commitment to supporting a robust and vibrant future for the city and the automotive industry.
Persons: Lisa Ford, Bill Ford, ’ ”, Andrew Stein, , ” Ford, Todd Ely, Ely, ” Ely, Meadow Didier, Stein Organizations: Ford Motor Co, Children’s Foundation, Michigan Central, Children’s Hospital of Michigan, Harvard, Foundation, Children’s, Endowments, Internal Revenue Service, University of Colorado, Nonprofit Finance Fund, Children's, Ford, Associated, Lilly Endowment Inc, AP Locations: Detroit, Michigan, University of Colorado Denver
Perhaps the thing I find most inspiring about these kids is their commitment to inclusivity and diversity and simply being nice to each other. And no, the irony of a nonspeaking autistic encouraging you to use your voice is not lost on me. Kate T. Parker“My twin brother wrestled, and I asked my dad if I could do it too,” CG said. Kate T. ParkerSunny wants trans kids in the future not to have to fight like her. Kate T. ParkerJai is part of Brown Girls Do Ballet, which increases representation of underrepresented populations in ballet.
Persons: , Zoe, Lindsey, Elizabeth, Kate T, Parker “, , ” Zoe, ” Sunny, Parker Sunny, I’d, it’s, ” Mistura, ” Elizabeth, Parker Elizabeth, ” Jai, Jai, Parker Jai, ” Regan, Regan, Parker Regan, Emerson, ” Lindsey, Parker, Donald Trump, Biden, Parker Sydney, It’s, There’s Organizations: CNN, “ Force, US Department of, Brown, Ballet Locations: Texas, Nigeria, Sydney
Saudi Arabia's Public Investment Fund will become the official naming partner of the ATP Rankings and will partner with ATP Tour tennis events, including Indian Wells, Miami, Madrid, Beijing and the Nitto ATP Finals under a multi-year partnership announced Wednesday. "Our strategic partnership with PIF marks a major moment for tennis. It's a shared commitment to propel the future of the sport," ATP CEO Massimo Calvelli said in a press release. A deal to merge the PGA Tour and the Saudi-backed LIV tour is still in negotiations and there is no deadline for the talks to end. The PIF launched the LIV tour in 2022, luring away top stars from the PGA Tour, including Phil Mickelson, Dustin Johnson and Brooks Koepka, with hundreds of millions in signing bonuses.
Persons: Hamad Medjedovic, Arthur Fils of, Massimo Calvelli, LIV, Phil Mickelson, Dustin Johnson, Brooks Koepka, Crown Prince Mohammed bin Salman, Mohamed AlSayyad Organizations: King Abdullah Sports City, Saudi Arabia's Public Investment Fund, ATP, ATP Tour, PGA Tour, PIF, LIV, PGA, Saudi, Crown, U.S Locations: Serbia, Arthur Fils of France, Jeddah, Saudi Arabia, Saudi, Indian Wells, Miami, Madrid, Beijing
2024 Changemakers: How CNBC chose the inaugural list
  + stars: | 2024-02-28 | by ( Cnbc.Com Staff | ) www.cnbc.com   time to read: +5 min
Members of the CNBC Changemakers Advisory Board gave us many ideas, telling us that transformative leaders, especially women, are those who commit to meaningful change. Here's how we did it:From October 3–November 17, 2023, CNBC conducted an open call for nominations for the Changemakers List. Next year, we'll choose a whole new list of 50 women, and it is entirely possible that many of those women were nominated this year. Qualitative scores were added to the quantitative score from round one, with each weighted equally (50% qualitative, 50% quantitative), and nominees were re-ranked according to their total scores. Ultimately, a data-driven, systematic process led to the creation of the Changemakers list, the first of many more to come.
Persons: we'll Organizations: CNBC, Advisory
Read previewThis as-told-to essay is based on a conversation with a 29-year-old former Sephora employee based on the East Coast who worked at the company from 2017 to 2019 and 2021 to 2024. The former employee asked to remain anonymous to avoid jeopardizing their career, but Business Insider has verified this person's identity and employment at Sephora. This story is available exclusively to Business Insider subscribers. I started working at Sephora as a beauty advisor in 2017 during the boom of the beauty industry online. In response to a request for comment from Business Insider, Sephora said all full-time and part-time employees receive gratis in addition to other perks.
Persons: , Sephora Organizations: Service, East Coast, Business, Sephora University Locations: Sephora
The two sides issued a joint communique, stating Japan's long-term support in helping Ukraine achieve economic stability. Japan hopes the conference will build momentum for international support for Ukraine as the war drags on and attention has diverted to the Gaza situation. The conference is largely about reconstruction and investment in Ukraine, but it’s also about Japan’s national security. Its support for Ukraine comes amid fear of China’s increasingly assertive military actions in the region. Japan, in cooperation with other Group of Seven members, hopes to link the Tokyo conference to a separate Ukraine reconstruction conference to be held in Germany in June.
Persons: Fumio Kishida, Kishida, ” Kishida, , Denys Shmyhal, , it’s, Yoko Kamikawa Organizations: TOKYO, , Ukraine, of, Japan External Trade Organization, Russia, , Seven Locations: Japan, Ukrainian, Ukraine, “ Ukraine, Gaza, East Asia, States, Tokyo, Germany
New York CNN —Starbucks has opened its first cafe designed to give customers with disabilities a “more accessible store experience,” the company announced Friday in a news release. The move is part of a wider inclusivity initiative that Starbucks has undertaken to design easily navigable retail spaces for all of its customers. Any cafe that is renovated or opened in the future will begin implementing the company’s “Inclusive Spaces Framework,” it said in the release. The store design will also take acoustics into account by using materials that minimize background noise or echoes, which could disrupt people who use hearing aids. The chain last unveiled a new store design in 2019 with much of the similar aesthetic approach left intact with the new look.
Persons: , Maria Town, ” Tony Coelho Organizations: New, New York CNN, Starbucks, American Association of People, Walmart, Centers for Disease Control, ” Starbucks Locations: New York, Washington , DC, United States
AdvertisementBoth Icelandic and foreign-born women told BI that though they largely feel safe in Iceland, it's no feminist paradise. "That was like a wake up call for many women," Thorgerdur J. Einarsdóttir, professor of gender studies at the University of Iceland, told BI. Some groups of women are more vulnerable to violence and low wages, including foreign-born women, women with disabilities, and trans women, the interviewees said. Older generations fight so younger ones can flourishBut despite these concerns, the women BI spoke to said that they largely felt safe living in Iceland. Women BI spoke to largely said they felt optimistic about the changes that future generations would bring.
Persons: , Arni Torfason, Saadia Zahidi, Valenttina Griffin, Grace Dean, Adolphsdóttir, Einarsdóttir, Vigdís Finnbogadóttir, Sigurðardóttir, Iceland's, Halldor Kolbeins, Sonja Ýr Þorbergsdóttir, Þorbergsdóttir, Inclusivity, Alice Olivia Clarke, Mads Claus Rasmussen, Ritzau Scanpix, they'd, Steinars, she'd, she's, Ása Steinars, Alondra Silva Muñoz, Griffin, Silva Muñoz, Sigrún, Rósa, that's, Shruthi Basappa, I've, it's, Jewells Chambers, Silva Muñoz –, millennials –, Organizations: Service, Viking Women, Stockings, Women's Rights, Nordic, Red Stockings, United Nations, Farmers ' Union, University of Iceland, Getty, Iceland, UN, Statistics, Sweden –, Icelandic Teachers ' Union, SEI Locations: Iceland, Reykjavik, Icelandic, Denmark, AFP, Canada, Norway, Sweden, Statistics Iceland, Colombia, Lithuania, Spain, Poland, India, Chile, WomenTechIceland, it's, Brooklyn, New York City, Thorhildur
With a majority of the electorate under 40 years of age, the candidates are all vying for young voters to claim victory. On the ground, young voters are struggling to find jobs that suit their aspirations.” Yoes Kenawas, doctoral candidate at Northwestern UniversityIn addition to these economic concerns, more young voters also now worry about climate change. The social media battlegroundNearly 80% of people in Indonesia are connected to the internet and people aged 16 to 64 spend an average of more than three hours a day on social media, according to the We Are Social 2023 Digital Report, which provides global social media insights. Wednesday’s results will potentially offer a verdict on how effective social media campaigns have been in addressing young voters’ worries. There is a concern that young voters could get trapped in “a political campaign that is relying on gimmicks,” Kenawas said.
Persons: Indonesia’s, Joko Widodo, Ganjar Pranowo, Anies Baswedan, Prabowo Subianto, — Gibran Rakabuming Raka, Raka, Widodo’s, Subianto, Abigail Limuria, Bijak, ” Abigail Limuria, , Yoes Kenawas, ” Yoes Kenawas, Instagram, Kenawas, Muhaimin Iskandar, Mahfud, Gibran Rakabuming Raka, Subianto’s, Widodo, He’s, he’s, , ” Kenawas Organizations: CNN, Indonesia, Indonesian Defense, CNN Indonesia, Center for Strategic, International Studies, International Labour Organization, Indonesia’s Central Statistics Agency, Northwestern University, , CSIS, Widodo Locations: Central Java, Jakarta, Swiss, Indonesia, policymaking, CNN Indonesia
But in my conversations in Europe, I've noticed people connect because of our differences. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . When I moved to Europe, I noticed that conversations felt differentI moved to Europe seven years ago and spent time in Italy, Switzerland, France, Spain, and the UK. I'm currently living in Portugal, and during my time abroad, I've noticed that conversational glue tends to be of a different nature. Though I'm not sure there's a correct answer, I've found beauty in seeing others through the lenses of both our similarities and our differences.
Persons: It's, I've, , Barbie, Leonardo DiCaprio, Britney Spears, Alfred Hitchcock, Rodgers, Hammerstein, I'd, I'm, Astrud Gilberto, Heidegger Organizations: Service, Super Locations: Europe, Italy, Switzerland, France, Spain, Portugal, Brazilian
We’re growing some teeth as to what can be done with AI, but we also see where there’s progress, there’s attack. One of the things I like to point out with AI systems is that if your AI systems fail on people of color, you don’t have a robust system. If your AI doesn’t work on the global majority, if your AI doesn’t work for women, if your AI doesn’t work for people with disabilities, once you start expanding all of the areas we’re talking about, it comes to your AI doesn’t work for humanity. To me, that’s a proactive approach of saying, how do we build consumer AI technology in a way that’s more ethical? I was talking to Sam Altman about the climate impact of AI, especially these large language models and generative AI systems.
Persons: Joe Biden, Joy Buolamwini, Buolamwini, It’s, , we’ve, it’s, I’ve, there’s, We’ve, you’re, aren’t, Simone Biles, Biden, Sam Altman, Olay, we’re, There’s, We’re, that’s Organizations: Service, League, Business, Federal Trade Commission, Procter, Gamble, Big Tech Locations: Davos
Untangling the Pasts of Slavery, Colonialism and Art
  + stars: | 2024-02-07 | by ( Farah Nayeri | ) www.nytimes.com   time to read: +1 min
Two and a half centuries after its creation, the Royal Academy of Arts in London — an artist-and-architect-led institution that is a bastion of the British establishment — is embracing inclusivity. Last year, for the first time, it dedicated a major solo show to a woman, Marina Abramovic. Now comes “Entangled Pasts, 1768-Now: Art, Colonialism and Change,” an exhibition on how British art was implicated by slavery, with historic depictions of enslaved people displayed alongside contemporary works by artists of African and Caribbean origin. The show is part of a reassessment of Britain’s colonial past by museums and cultural institutions, including the 129-year-old National Trust, a charity that runs historic houses and heritage sites across the country, and a few owners of stately homes. It is also a notable moment for the Royal Academy, which did not admit a Black artist to its membership until 2005.
Persons: London —, Marina Abramovic Organizations: Royal Academy of Arts, Trust, Royal Academy Locations: London
For a certain breed of millennial like me, Tina Fey’s “Mean Girls” was gospel — a movie turned cultural phenomenon that put names and labels to the kind of bullying that any woman who’d been to middle or high school would recognize. For a long time, researchers just thought girls didn’t bully as much as boys. Then in the early aughts, a handful of books brought the concept of girls’ “relational aggression” into the mainstream. But much has changed in the 20 years since the original “Mean Girls" movie came out. So when Ms. Fey returned last month with her musical movie “Mean Girls” — her latest twist on the original, starring Reneé Rapp — it was inevitable there would be some changes.
Persons: Tina Fey’s, who’d, Fey, Reneé Rapp, Carr, Jon Hamm, Janis Ian, , Ms, Queen Bee, Regina George Organizations: Bees, North Shore, Plastics Locations: Regina
Read previewThe cult-favorite fashion brand Selkie seems to have fallen from its pedestal after using AI to create new clothing designs. AdvertisementThey also argued that using AI goes against Selkie's message of encouraging inclusivity, "artistic self-expression," and ethical manufacturing. John Lamparski/Stringer/Getty ImagesSelkie responded to the complaints via an Instagram comment, in which the brand acknowledged that AI art is "polarizing." The rise of AI in fashion has prompted backlash against other brands and designers in the past. A fashion model also told The Guardian that AI was used to alter her appearance and make her skin appear lighter in photos, and AI Fashion Week is now an annual event.
Persons: , Kimberley Gordon, Gordon, John Lamparski, Stringer, Selkie, Selkie's, Levi's Organizations: Service, Business, TechCrunch, Selkie, York, Guardian
CNN —US and AC Milan midfielder Yunus Musah is used to hostility – passionate and aggressive crowds are part of the game after all. Instead, Italian soccer found itself in the midst of another alleged racism scandal – one that Musah was around to witness firsthand. “So it was really, really important that when we saw that, the whole team reacted great. Prior to joining Milan, Musah spent the first three years of his senior career with Spanish side Valencia. During a league match against Real Madrid in May last year, a Valencia fan subjected opposing forward Vinícius Jr. to persistent racist abuse.
Persons: Yunus Musah, “ We’re, ” Musah, Darren Lewis, Mike Maignan, Noah Okafor, Musah, Mike, , , ” Maignan, Fabio Maresca, Maignan, Romelu, Vinícius, Pablo Morano, Reuters Musah, ” “, they’re, Omar Beckles, George Floyd, Germany's Leon Goretzka, Mike Lawrence, “ We’d, ’ ”, Milan Women’s Christy Grimshaw, You’ve, “ We’ll Organizations: CNN, US, AC Milan, Soccer, Serie, Udinese, Milan, ” Udinese, Serie A, Ciancaphoto, Udinese Calcio, Italian, Roma, Spanish, Real Madrid, Reuters, England’s, ’ Association, Getty, Milan’s, Locations: Italy, Lazio, , Valencia, New York, London, England
Tookes told BI it was an ivory fit-and-flare gown with a sweetheart necklace and a sheer bodice. "I was super excited they had brown," she said, as the darker shade would be a better fit for her skin tone. "You're telling me that it's free to be white, but if my bride has a different skin tone than white, she has to pay extra money to get an undergarment to match her skin tone?" How fucked is that that in 2024, the 'standard,' which is free, is a 'nude skin tone?'" "I really don't want to wear a dress that stands for charging someone more off the basis of their skin tone," Tookes said.
Persons: , Tessa Tookes, Joey Kirchner, Tookes, Kirchner, Joey Kirchner Tookes didn't, she'd, Joey, I'm, she's, TikTok Organizations: Service, Paradise :, Business, Tookes Locations: Paradise, Paradise : Canada, Ontario, New York City
NEW YORK (AP) — Ava DuVernay kept hearing she had to read “Caste: The Origins of Our Discontents.” She had Isabel Wilkerson’s book in galleys before it was published in 2020. “At one point, a high-profile director said to me, ‘I heard you got the book,’” DuVernay says. “That’s what I thought.”Political Cartoons View All 253 Images“Origin,” DuVernay’s new film, isn’t a direct adaptation of Wilkerson’s book. It feels like a miracle.”DuVernay calls “Origin” the film she’s proudest of, partly because of how she made it outside the studio system. To not feel like ‘Oh, I didn’t go to film school and I’m just skating by,'" DuVernay says.
Persons: — Ava DuVernay, Isabel Wilkerson’s, Oprah Winfrey, , ” DuVernay, , , George Floyd, Wilkerson, ” “ Selma ”, , DuVernay, Aunjaneu Ellis, Taylor, “ She’s Indiana Jones, She’s, Ellis, Taylor hadn’t, Paul Garnes, Garnes, , Robert Wood Johnson, Melinda Gates, Chris Paul, Trayvon Martin, Jim Crow, Jon Bernthal, Emily Yancy, ” Ellis, Oscar, “ King Arthur, she’s, Selma ’, I’ve, I’m, Martin, doesn’t, it’s, Jake Coyle Organizations: , Venice Film, Ford Foundation, MacArthur Foundation, NBA, Suns, LBJ, Venice, Walt Disney Co Locations: , United States, Venice, Nazi Germany, Mississippi, India, American
When you think of race weekends in Abu Dhabi, Formula One comes to mind. The Mubadala Abu Dhabi Sail Grand Prix is new to the global 13-race calendar. “So, our racing’s a short format packaged into a 90-minute broadcast window.”SailGP CEO Russell Coutts discusses the Mubadala Abu Dhabi Sail Grand Prix presented by Abu Dhabi Sports Council. “We have almost 1,200 kids sitting in Abu Dhabi Sports Club for a whole week being excited about this,” said Al Shimarri. The sailors were tested by challenging light winds in Abu Dhabi, where Van der Velden and Spain finished runners-up behind the dominant New Zealand team.
Persons: Abu, it’s, , Russell Coutts, CNN’s Becky Anderson, Coutts, He’s, ” Coutts, , ” It’s, It’s, ” SailGP, Nicole van der, Van der, CNN's Becky Anderson, CNN Abu, ” Homaid Al Shimmari, Al Shimarri, Mubadala, SailGP, Van der Velden, Taylor Canfield Organizations: CNN, Kiwis, Formula, United, Abu Dhabi Sail, Abu Dhabi Sports Council, New Zealand, Abu, Impact League, Abu Dhabi Sports Club, NYU, Spain, Australia Locations: Zayed Port, Persian, Abu Dhabi, United Arab Emirates, – SailGP, San Francisco, Sydney, United States, Spain, New York, inclusivity
SEC approves bitcoin ETFs for some investment firms
  + stars: | 2024-01-10 | by ( Jeanne Sahadi | ) edition.cnn.com   time to read: +4 min
“While we approved the listing and trading of certain spot bitcoin ETP shares today, we did not approve or endorse bitcoin. The SEC had a deadline of January 10 to offer a decision for just one of the 11 firms that applied to offer bitcoin ETFs. Bitcoin ETFs, like bitcoin, carry risks for investorsFor those considering jumping on the bitcoin bandwagon, it’s important to note that the price of a bitcoin will be just as volatile whether you invest in it directly yourself or through an ETF. Those sentiments have been echoed by many financial advisers and the investor watchdog group Better Markets, which strongly opposed the SEC’s approval of bitcoin ETFs. The full list of companies that got SEC approval to launch bitcoin ETFs are: Ark Invest together with 21 Shares; Bitwise, BlackRock, Fidelity, Franklin Templeton, Grayscale, Hashdex, Invesco, WisdomTree, Valkyrie and VanEck.
Persons: Gary Gensler, bitcoin, , Gensler, Dennis Kelleher, , Sheila Warren, Franklin Templeton Organizations: New, New York CNN, Securities and Exchange Commission, SEC, FBI, Investments, Better, Street, Crypto, Innovation, Fidelity Locations: New York, BlackRock
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe athleisure brand Lululemon has distanced itself from its founder and former CEO Chip Wilson's comments about diversity. "Chip Wilson does not speak for Lululemon, and his comments do not reflect our company views or beliefs," a spokesperson said in a statement, per The Business of Fashion. AdvertisementWilson founded Lululemon, which is now headed by Calvin McDonald, in Vancouver in 1998 as a "yoga-inspired" company for women.
Persons: Lululemon, Chip Wilson's, Wilson, Elon Musk, Bill Ackman, , You've, Chip Wilson, Chip, Jim Bennett, Getty Wilson, Calvin McDonald Organizations: Forbes, Service, Luluemon, Lululemon, Harvard University Locations: Vancouver, American
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