Former SoftBank exec Marcelo Claureand tech veteran Paul Judge want to redefine how the investing world thinks about diversity.
Why it matters: As corporate America's embrace of diversity and inclusion — ignited by racial tensions laid bare in 2020 — is being quietly walked back, venture capital support for startups founded by people of color has waned notably.
CHATTANOOGA, Tenn. — Union supporters have renewed hopes of organizing in the South after the United Auto Workers scored a breakthrough victory Friday night.
Why it matters: The South has historically been a no-go zone for unions at major private companies due to political, legal, cultural and business opposition.
CHATTANOOGA, Tenn.—The United Auto Workers secured a landmark victory Friday night, as Volkswagen workers at the automaker's plant in Chattanooga voted to unionize.
Why it matters: The VW factory becomes the only unionized automotive assembly plant in the U.S. not owned by the Detroit Three automakers: General Motors, Ford and Stellantis.
CHATTANOOGA, Tenn.—Union insiders and outside observers predict the United Auto Workers union will secure a historic victory Friday night at the sprawling Volkswagen plant here.
Why it matters: Volkswagen Chattanooga workers are finishing three days of voting on whether to become the only non-Detroit Three automotive assembly plant in the U.S. to be unionized.
Tesla is recalling close to 4,000 of its Cybertrucks over a problem with the vehicle's accelerator pedal, according to National Highway Traffic Safety Administration (NHTSA) documents.
Sony is considering joining up with Apollo Global Management on its bid to buy Paramount Global, Axios has confirmed.
Why it matters: Partnering with Sony could strengthen Apollo's pursuit of the company and add more pressure to the special committee mulling offers for Shari Redstone's media empire.
In his shareholder letter last week, JPMorgan Chase CEO Jamie Dimon actually talked about his bank's commitment to diversity, equity and inclusion, though he didn't use the now-reviled DEI abbreviation.
Why it matters: Dimon's words stand out at a time when most CEOs have gone silent — or openly hostile — on these programs, amid widespread backlash.
Companies that make cannabis-infused drinks are encouraging people to ditch booze for weed on 4/20 — the longstanding pot holiday.
Why it matters: More people are going "California Sober" — no alcohol or hard drugs, just marijuana, thank you — but the medical community is split over whether this is a good idea.
There's exponentially more quality news and information available to more people than at any point in history. Yet more people than ever seem baffled by what's real, meaningful and trustworthy.
This paradox helps explain everything from tribal politics to general anxiety about the state of America.
Why it matters: Many of you have asked about my media consumption habits. So I want to take a crack at outlining ways you can clean up your news diet so it's safer, healthier, more illuminating.
