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Representation of African-Americans and Hispanics in the investment banking community remains miniscule at about 1-2%. This is a very tough business for minorities to break into, notes James Reynolds Jr., CEO...
Already familiar with managing a full plate,the ongoing economic crisis has created a more intense workload and additional challenges for Wynona Redmond, director of public affairs and government relations for Oakbrook, Illinois-headquartered Dominick’s Finer Foods, Chicagoland’s second largest supermarket chain. “My team is always on-call handling urgent matters as they arise and those addressing the various stakeholders and constituencies,†says Redmond. Like many professionals, Redmond’s department has been challenged with maximizing productivity on a more conservative budget during the current economic climate. In addition to their usual workload, requests for charitable support have tripled as nonprofits have seen major declines in grants, requiring the public affairs team to work even smarter.
Boston-based global technology company Biogen is depositing $10 million into Black-owned bank OneUnited Bank as part of its commitment to diversity
The number of Americans filing new claims for unemployment benefits increased last week for the first time in two months, but layoffs are easing
