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World Wide Technology Settles Discrimination Suit

World Wide Technology Settles Discrimination Suit

When Earnest Ryals filed a $3.5 million racial discrimination lawsuit against his former employer back in November 2007, the surprising fact about the lawsuit was that he and the owner of the accused company are both African American. A few weeks later, Clifford Smith, also a black employee, filed a similar complaint against St. Louis, Missouri-based World Wide Technology Inc. (No.1 on the B.E. Industrial/Service 100 list with $2.5 billion in sales). Separate trials were slated to go before juries this month after a U.S. District Court judge denied World Wide Technology's motion to dismiss Ryals' case. Now, the disputes have been settled out of court.

‘Technology Transition’ Cause of RushCard Crash

‘Technology Transition’ Cause of RushCard Crash

Last week, users of the RushCard brand of pre-paid debit and credit cards could not access their funds due to what the company called a “technology transition.” The RushCard was co-founded by entrepreneur and Hip-Hop mogul Russell Simmons.

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