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After a promising start to morning trading, the major stock indexes turned sharply negative Friday with the S&P 500 tumbling into bear market territory and the Dow Jones Industrial Average setting up for the longest streak of weekly losses since the Great Depression.
Netflix has announced a new round of layoffs, choosing this time to let go of over 150 employees. Many of the laid off employees were involved with “LBGT+ and BIPOC” projects.
A local news outlet reported that parents in San Antonio, Texas, are struggling the most in the U.S. to get the formula their infants need, with 56 percent of retailers reporting empty shelves.
The foundation started by organizers of the Black Lives Matter movement is still worth tens of millions of dollars, after spending more than $37 million on grants, real estate, consultants, and other expenses, according to tax documents filed with the IRS.
