FRANKFORT, Ky. (AP) — A Republican-backed measure to limit diversity, equity and inclusion practices at Kentucky’s public universities won approval from the state Senate on Tuesday after an emotional debate that delved into race relations and what the bill’s sponsor portrayed as the liberal bent on college campuses. The bill cleared the Senate on a […]
WASHINGTON (AP) — The Biden administration is marking Monday’s 15th anniversary of a landmark federal pay equity law with new action to help close gaps in pay for federal employees and employees of federal contractors. Despite progress since the Lily Ledbetter Fair Pay Act was signed into law in January 2009, President Joe Biden said […]
Abel Ochoa helps a customer at his independent El Mirage dispensary, which he operates under a state social equity license. Would-be partners have offered Abel Ochoa “crazy amounts of money” for the social equity marijuana license he and his cousin own. “I had somebody offer me $17 million,” he said, laughing. “If I would’ve just […]
A little more than 50 years after Illinois first recognized Martin Luther King’s birthday as a holiday, nearly 1,000 people braved Chicago’s bitter cold Monday to remember the fallen civil rights leader and insist that change is still needed across the nation. Amid a backdrop of the Iowa caucuses where several GOP candidates for president […]
NEW YORK (AP) — Opponents of workplace diversity programs are increasingly banking on a section of the Civil Rights Act of 1866 to challenge equity policies as well as funding to minority-owned businesses. Section 1981 of the act was originally meant to protect formerly enslaved people — or Black people specifically — from economic exclusion. […]
NEW YORK (AP) — Sophia Danner-Okotie’s has ambitious plans for her Nigerian-inspired clothing line but a sense of dread has punctured her optimism as she watches a legal battle being waged against a small venture capital firm that has provided funding instrumental to her boutique brand’s growth. The case against the Fearless Fund alleges that […]
(Bloomberg) — Some of the most influential investors are giving the world’s largest private equity firms a message: if you want money for your next fund, here’s our list of demands. Most Read from Bloomberg Sovereign wealth funds and state pension providers are among investors telling money managers they’ll only commit in their upcoming fund […]
(Bloomberg) — Blackstone Inc. raised $1.3 billion for its first private equity fund for rich individuals, achieving one of the biggest initial hauls for a fund of its kind despite a delayed launch. Most Read from Bloomberg The cash pile, disclosed in a filing Monday, underscores the intensifying race among alternative investment firms to court […]
FRANKFORT − A bill filed in the first week of Kentucky’s 2024 General Assembly would let university employees and students sue schools if they believe they’ve been discriminated against due to their “refusal to support or endorse any divisive concept.” Those “divisive concepts,” according to the GOP-backed Senate Bill 6, include the idea that one […]