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☆ Rising star Hakeem Jeffries announces bid to lead U.S. House Democrats
▼ + stars: | 2022-11-18 | by ( Richard Cowan | ) www.reuters.com time to read: +4 min

He would build on Pelosi's historic accomplishments as the first female House speaker and the first woman to lead a party in either chamber of Congress. Jeffries satisfies the demand of many House Democrats that younger blood replace the 82-year-old Pelosi, who has had a grip on leadership for the past two decades. 2 position of Democratic whip and moderate Representative Pete Aguilar was expected to seek the job heading the Democratic caucus, which Jeffries now holds. If Jeffries wins the Nov. 30 leadership election, Democrats will be placing party power squarely with New Yorkers. While he is a member of the Congressional Progressive Caucus, Jeffries at times has had strained relations with some progressives, who have questioned his ties to corporate America.

☆ Meet 5 of Goldman Sachs' newest partners, including a top fintech dealmaker and a structured trader from Honduras whose 3 brothers also work on Wall Street
▼ + stars: | 2022-11-09 | by ( Dakin Campbell | Alex Morrell | Emmalyse Brownstein | ) www.businessinsider.com time to read: +9 min

It also includes a star fintech banker and leading voice on the Black experience on Wall Street. Here are 5 top names who will help shape the Wall Street of tomorrow. In the 12 years that he's been at Goldman, Watkins has helped Goldman advise on some of the technology industry's biggest transactions. He has also been a leading voice in discussing the Black experience on Wall Street. After graduating in 2010, he went to work for the Global Electronic Trading Co., known on Wall Street as GETCO.

☆ 'Real allyship is every day': 3 steps to being a better ally at work, according to Goldman Sachs' chief diversity officer
▼ + stars: | 2022-11-08 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

And now more than ever, allyship is crucial to the success and comfortability of diverse professionals in the workplace. According to Megan Hogan, chief diversity officer at Goldman Sachs, being a true ally to your peers is all about authenticity and longevity. EngageBeing a true ally starts with being aware and knowledgeable about the perspectives and experiences of people from diverse groups. "When we think about seeking out diverse perspectives, asking people open-ended questions about their experience and how they've navigated the world differently, potentially based on their backgrounds, is the first step." These are everyday acts of allyship that are quite practical and make sure that people feel included."

Recruiter Niani Tolbert says three money habits can help you prepare to leave your job. To start: Take an inventory of your current benefits so you can save up to quit, or find a comparable package elsewhere. In November 2021, 4.5 million Americans quit their jobs, the highest quitting rate on record over the last 20 years. With your well-being in mind, here are three money habits to start if you're thinking about quitting your job. Use all the benefits you can before leavingWhile taking inventory of your benefits, Tolbert suggests using up all the benefits you can, like your flexible spending account or commuter benefits.

Oct 24 (Reuters) - A former Minneapolis police officer charged in connection with the murder of George Floyd pleaded guilty on Monday as his trial was about to begin, a court spokesperson confirmed. Kueng and Thomas Lane helped Chauvin restrain Floyd, an unarmed Black man, while another officer, Tou Thao, kept bystanders from approaching the scene. Chauvin was convicted of murder in a state trial and sentenced to 22-1/2 years; he also pleaded guilty to related federal charges and is serving a federal sentence of 21 years concurrently. Kueng's plea agreement includes a sentence of 3-1/2 years that will be served concurrently with his federal sentence, according to Matt Lehman, a spokesperson for Hennepin County District Court. Kueng's defense attorney and the Minnesota attorney general's office, which is prosecuting the case, did not immediately respond to requests for comment.

☆ LoveShackFancy built a pretty, skinny, rich-girl dreamworld. The fantasy was impossible to live up to.
▼ + stars: | 2022-10-24 | by ( Anna Silman | ) www.businessinsider.com time to read: +34 min

Suddenly, in the midst of discussing what Cohen should wear to the next LoveShackFancy store opening, there was the sound of glass clanging. (Another person confirmed hearing this exchange, though the person close to the company said multiple Zoom attendees did not recall it.) The person close to the company said, "It is not uncommon for trips to have dual purposes — they always generate content." Another time, during a visit to the Palm Beach store, Cohen freaked out after seeing staffers in sweatshirts and sneakers. "As with most contemporary fashion brands, we currently do not operate in the plus-size business," the person close to LoveShackFancy said.

Attorneys for George Floyd's daughter and her mother have sent rapper Kanye West a cease-and-desist letter, demanding that he refrain from commenting publicly about Floyd's death as he did recently. Chauvin also pleaded guilty to a federal charge of violating Floyd's civil rights. regarding" Floyd, his estate, his family and the circumstances surrounding his death, including, but not limited to, his manner of death. Video of Floyd's death recorded by bystanders spurred global protests against racism and police brutality. He was sentenced in July 2022 to just more than 20 years for violating Floyd's civil rights.

CNN —Roxie Washington, acting on behalf of her daughter with the late George Floyd, has retained attorneys after Kanye West made a claim about fentanyl and Floyd’s death. The artist, designer and entrepreneur, who has changed his name to Ye, spoke about Floyd’s death during a recent episode of the podcast “Drink Champs.”“I watched the George Floyd documentary that Candace Owens put out. While that’s not legally possible because George Floyd is deceased, Merritt said, there are other legal avenues to pursue, including the Floyd family possibly suing for intentional infliction of emotional distress. “I have put together a working team to investigate [West’s] statements and to investigate the source of those statements,” Merritt said. CNN has reached out to Merritt for comment on the cease-and-desist letter.

☆ Mother of George Floyd's daughter to sue Kanye West for $250M
▼ + stars: | 2022-10-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMother of George Floyd's daughter to sue Kanye West for $250MCNBC's Shep Smith reports that attorney's representing the mother of George Floyd's daughter are planning to sue Kanye West for $250 million over his recent comments that Floyd died from fentanyl use.

☆ 'There are a lot of miserable women in corporate America': Women leaders have been leaving their jobs and companies in unprecedented numbers, a new report suggests
▼ + stars: | 2022-10-18 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +7 min

A new report suggests female executives ditched their jobs in unprecedented numbers in 2021. The report suggests women leaders experience a range of microaggressions that undercut their authority and stymie their career progression. For instance, the report indicated that 37% of female leaders had had a coworker get credit for their idea, compared with 27% of male leaders. It also suggested that women leaders were twice as likely as men to be mistaken for someone more junior. Wade Hinton, an inclusion consultant, told Insider he's not surprised by the large numbers of women leaders leaving their employers.

George Floyd's family is considering suing Ye, the rapper formerly known as Kanye West, for making false claims about Floyd's death, a prominent civil rights lawyer said. Merritt said Monday that he had been contacted Sunday by Floyd's brother, Philonise, about whether legal action can be taken to prevent Ye from repeating debunked claims about Floyd's death. He pleaded guilty last year to a federal charge of violating Floyd's civil rights by using excessive force under color of law and was sentenced to just more than 20 years in July. The medical examiner who ruled Floyd's death a homicide testified during Chauvin's state trial that Floyd's heart disease and drug use contributed to his death, but that police officers' restraint of his body and compression of his neck were the primary causes. In July, Kueng was sentenced in federal court to three years and Thao to three and a half years.

☆ Twitter 'official partner' Dataminr, which police used to monitor Black Lives Matter protests, will soon get a surveillance contract for the White House
▼ + stars: | 2022-10-12 | by ( Caroline Haskins | ) www.businessinsider.com time to read: +4 min

Dataminr has a contract for surveilling social media and providing news alerts for the White House. Dataminr is in Twitter's official partner program, which gives it more access to Twitter data. Dataminr, one of Twitter's official partners, will soon get a new social-media-surveillance contract for the White House, according to a newly published government document. A contract justification document mentions that Dataminr would be used on a "Watch Floor," which refers to the watch floor of the White House Situation Room, Dataminr said. The DISA contract is the latest contract in Dataminr's controversial history.

☆ Justice Ketanji Brown Jackson's potential impact on corporate America "cannot be overstated"
▼ + stars: | 2022-10-12 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +7 min

Ketanji Brown Jackson was sworn into the Supreme Court in June and is now hearing cases. But political and social tides could be changing: Ketanji Brown Jackson was sworn in as the first Black female Supreme Court justice in June, following Justice Stephen Breyer's retirement. While Biden makes moves in the political sphere, corporate America, too, is trudging forward. Jackson's work in the Supreme Court could inspire leaders in different sectors to further advance diversity, equity, and inclusion, sources said. Tina Opie, a Fortune 500 strategist and an associate professor of management at Babson College, is hopeful about the future of corporate America.

☆ Best Buy, Lyft, and Adobe are hiring more execs from marginalized backgrounds thanks in part to this woman
▼ + stars: | 2022-10-11 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +7 min

To date, nearly 600 companies including Ralph Lauren, Lyft, Best Buy, Adobe, Oracle, and Cisco have signed on. Josh James, the CEO of cloud-software company Domo, is a cofounder of Parity.org and a signatory of Parity.org's gender pledge in 2017 and its race pledge in 2020. Signing the Parity.org gender and race pledges does not hold CEOs accountable to a specific goal or target date. "Imposing a one-size-fits-all deadline or quota would just lead to failure on the part of many companies," Stickney said. Now, the nonprofit is expanding to conduct pay-equity analyses based on race, gender, and age.

☆ 4 ways small-business owners can retain diverse talent, including mentorship programs and employee surveys
▼ + stars: | 2022-09-22 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +7 min

Cox, leadership consultants, and executives from underrepresented groups reflected on their experiences and shared multiple takeaways for companies looking to retain diverse talent. "Instead of focusing on having a chief diversity officer, focus on effective leadership for all your leaders," Cox said. In day-to-day work, psychological safety means having workplaces where employees feel safe to share their ideas. Conducting anonymous employee surveys about the company culture is a good way to take a pulse on how your employees feel, Khalifa said. "One of the really frustrating things that I hear from people who are marginalized is that they're overeducated, overprepared, but underutilized as leaders," Cox said.

Thomas Lane, a former Minneapolis police officer who pleaded guilty to second-degree manslaughter in the killing of George Floyd, was sentenced Wednesday to three years in prison. Lane held down Floyd's legs as he cried out that he couldn't breathe, while another former officer, Derek Chauvin, knelt on Floyd's neck for 9 ½ minutes on May 25, 2020. As part of Lane's plea deal, a charge of aiding and abetting second-degree murder was dismissed, a spokesman for Minnesota Attorney General Keith Ellison, whose office prosecuted the case, previously said. Cahill said Lane’s state sentence will be concurrent with his federal sentence and that he will serve his time in a federal institution. Two other former officers, J. Alexander Kueng and Tou Thao, are scheduled to stand trial next month on charges of aiding and abetting second-degree murder and second-degree manslaughter.

REUTERS/Eric MillerSept 21 (Reuters) - A former Minneapolis police officer who pleaded guilty to a state charge of aiding and abetting in the killing of George Floyd, a Black man whose death outraged people around the world, was sentenced to three years in prison on Wednesday. The video sparked daily protests against racism and police brutality in cities across the United States. A jury found Chauvin guilty of unintentional second-degree murder, among other charges, at a state trial in 2021 and he was sentenced to 22-1/2 years. In July, Chauvin received a concurrent sentence of 21 years in prison on federal charges of violating Floyd's civil rights. read moreLane, who is also white, accepted a plea deal with prosecutors from the Minnesota attorney general's office earlier this year.

☆ Volodymyr Zelenskyy embodies resilience. It's one of multiple traits business leaders can mimic in tough times.
▼ + stars: | 2022-09-14 | by ( Marguerite Ward | ) www.businessinsider.com time to read: +10 min

The Ukrainian leader's speaking style is characterized by short sentences, vivid imagery, and empathy, all of which make him effective. A 2021 research paper published in the Academy of Management Journal found business leaders who led by example boosted productivity in their businesses. Some of the most convincing business leaders of our time have leaned into emotion when making key arguments. Ukrinform/Future Publishing via Getty ImagesThough the pandemic has bent the rules of formality, starched suits are still the go-to for world leaders. "President Zelenskyy remains focused on his core assignment.

☆ How Zoom's chief people officer handled unprecedented growth during the pandemic
▼ + stars: | 2021-05-11 | by ( Aman Kidwai | ) www.businessinsider.com time to read: +4 min

Oldham brought in a new chief diversity officer who helped reshape the company's equity efforts. Over the past year, Zoom added new leadership in cybersecurity, engineering and product, and a chief diversity officer. These workers were tasked with handling the initial bursts of demand, as well as a sharp shift to remote work. YouTubeFor newer employees, Oldham put a heavy emphasis on their digital onboarding program. Zoom announced the hiring of chief diversity officer Damien Hooper-Campbell in late May 2020.

☆ We asked CEOs from 24 companies like HP and Prudential about their actions plans for addressing equality and racism. Here are the 5 main takeaways.
▼ + stars: | 2020-06-13 | by ( Jennifer Eum | ) www.businessinsider.com time to read: +7 min

After releasing heartfelt statements recognizing systemic racism in the US and pledging to fix it, corporate America's response is taking shape. Social media platform TikTok, for example, is using an internal diversity task force to solicit insight from outside organizations and experts. Many organizations making donations to organizations like historically black colleges or investing in causes to advance social justice. Blue Apron, the meal-kit service, will give a day off to employees for election day, November 3. The quick responses from these CEOs indicate that deeper conversations on diversity, equality, and inclusion have taken shape at the top-most levels of large companies.

Persons: George Floyd's, EY, Kelly Grier, Edward Jones, It's, Enrique Lores, Ali Ghodsi, Albert Bourla, Publicis, Burson, Cohn, Wolfe, Juneteenth Organizations: Business, Consulting, Employees, Duke Energy, Cannabis, Inc, Microsoft, Pfizer, Black, Citrix, Capital, Publicis Groupe, US, Nike, Twitter Locations: America

☆ Research shows there are at least 5 proven ways to reduce police brutality — and 2 strategies that don't work
▼ + stars: | 2020-06-03 | by ( Michelle Mark | Marianne Guenot | ) www.businessinsider.com time to read: +12 min

Here are five proven, data-based changes that could make a difference, and two approaches that don't seem to work, according to Campaign Zero. Track complaints about officers' use of forceMost complaints against officers aren't public, making them hard to track. These changes, along with requiring departments to report and publish online data on all uses of force, could reduce police violence. Body cameras are another method that haven't been proven effective when it comes to excessive force instances. Research has even shown that 93% of prosecutors' offices have used body cameras mostly in cases against citizens, not against police.

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