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Reuters

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Citi Hires Goldman’s Chief Diversity Officer

Citi Group said on Friday that it hired Erika Irish Brown from rival Goldman Sachs Group Inc to lead its global diversity strategy, according...

WeWork Agrees $9 Billion SPAC Merger To Finally Get Stock Market Listing

WeWork said on Friday it has agreed to go public through a merger with blank-check firm BowX Acquisition Corp, enabling the office-sharing company to complete a stock market listing two years after its failed first attempt.

GameStop Up 13% More As ‘Reddit Army’ Bets On Sales Turnaround

“Meme” stock-in-chief GameStop jumped another 13% in value on Friday, building on a surge since results earlier this week that showed online sales improving and a much-hyped management reshuffle gathering pace.

S&P 500, Nasdaq Weighed Down By Spike In Bond Yields

The S&P 500 slipped on Friday after hitting an all-time high in the prior session, as a spike in U.S. bond yields revived inflation worries and dented appetite for high-growth stocks.

Five Chinese Companies Pose Threat to US National Security: FCC

The Federal Communications Commission (FCC) on Friday designated five Chinese companies as posing a threat to national security under a 2019 law aimed at protecting U.S. communications networks.

Lawsuit Accuses Amazon of ‘Systemic’ Racism in Corporate Offices

A manager at Amazon.com Inc sued the online retailer for discrimination on Monday, saying it hires Black people for lower positions and promotes them more slowly than white workers, and that she was subjected to harassment.

McDonald’s executives will lose bonuses if they hire too many white people to ‘senior leadership roles’

McDonald’s Corp on Thursday said it will tie executive bonuses to new goals for diversifying the company and for the first time publicly release...

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