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BREAKING NEWS

3 Hilliard residents — 58, 80 and 81 — killed in head-on crash in Yulee: FHP

CITI


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Stock market today: Wall Street edges back from its records as bitcoin briefly pops above $100,000

Read full article: Stock market today: Wall Street edges back from its records as bitcoin briefly pops above $100,000

U.S. stocks edged back from their records as Wall Street counted down to a big jobs report that’s coming on Friday.

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Infrastructure spending promises boost for industry

Read full article: Infrastructure spending promises boost for industry

Plans to pump money into rebuilding the nation’s roads, bridges and other infrastructure could give companies that make machinery and materials a solid foundation for growth.

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Corporations become unlikely financiers of racial equity

Read full article: Corporations become unlikely financiers of racial equity

Companies donated or pledged about $8.2 billion of the $12 billion in total contributions that were earmarked for racial equity — the “first time direct corporate giving to racial equity causes has reached this magnitude” — said Andrew Grabois, Candid’s corporate philanthropy manager. “When George Floyd was killed, consumers and stakeholders called on companies to invest in issues related to racial equity, and many responded,” Grabois said. But traditionally, Grabois noted, large corporations funded mainly educational and cultural groups, while donating comparatively little to racial equity causes. Since late May, Grabois said, financial commitments by companies to racial equity causes have grown “exponentially larger” than any other cause other than COVID-19. At the same time, experts say, there’s no consensus on how to define racial equity giving.

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