Business - Page 7

ESPN removes Rachel Nichols from NBA coverage and cancels ‘The Jump’

By Frank Pallotta Rachel Nichols — ESPN’s longtime NBA host — has been removed from coverage of the sport, and her weekday show “The Jump” has been canceled, the network confirmed Wednesday. David Roberts, ESPN’s senior vice president of production, said in a statement to CNN Business that the sides “mutually agreed that this approach regarding our NBA coverage was best for all concerned.” “Rachel is an excellent reporter, host and journalist, and we thank her for her many contributions to our NBA content,” he added. Sports Business Journal was the first to report the news. The news regarding Nichols is notable

Rachel Maddow decided to stay at MSNBC, but her role is changing

By Brian Stelter Rachel Maddow is staying at MSNBC — but not in the same role she has held for the past thirteen years. Maddow has signed a new multi-year deal with MSNBC’s parent NBCUniversal, as Insider’s Claire Atkinson first reported on Sunday. Mark Shapiro of Endeavor, the talent agency that repped Maddow in the negotiation, told Atkinson that Maddow “is staying home where she belongs with a much broader deal at NBCUniversal and couldn’t be happier.” The agreement means that she will continue to host “The Rachel Maddow Show” weeknights at 9pm ET for the time being. But that’s not the

Black former Kraft Heinz employees say coworkers threatened to kill them if they didn’t quit

By Chauncey Alcorn A trio of Black former Kraft Heinz factory workers are suing the company for $30 million over what they claim was routine racist harassment from former co-workers and supervisors. The plaintiffs claim their former coworkers left notes in their lockers calling them the N-word and once threatened to kill them if they didn’t quit their jobs. Attorneys working for former Kraft Heinz employees Alex Horn, Lance Aytman, and Keith Hooker filed their lawsuit in the US Eastern District Court of California on Thursday. The complaint alleges the three men were subjected to “a pattern of harassing and discriminatory behavior

The shipping crisis is getting worse. Here’s what that means for holiday shopping

By Hanna Ziady The vast network of ports, container vessels and trucking companies that moves goods around the world is badly tangled, and the cost of shipping is skyrocketing. That’s troubling news for retailers and holiday shoppers. More than 18 months into the pandemic, the disruption to global supply chains is getting worse, spurring shortages of consumer products and making it more expensive for companies to ship goods where they’re needed. Unresolved snags, and the emergence of new problems including the Delta variant, mean shoppers are likely to face higher prices and fewer choices this holiday season. Companies such as Adidas, Crocs and Hasbro are already warning

FAA proposes more than $500,000 in new fines against unruly airline passengers

By Pete Muntean and Gregory Wallace, Federal authorities are proposing more than a half-million dollars in new fines against commercial airline passengers they say refused to wear masks, hit flight attendants and even threw luggage across the cabin. The Federal Aviation Administration’s announcement Thursday of $531,545 in fines against 34 passengers accused of being unruly on board is the single largest announcement of federal fines since the start of a nationwide crackdown earlier this year, bringing this year’s total to more than $1 million. Of the incidents detailed by federal investigators for the first time, nearly two-thirds involve passengers accused of

Restaurant owners sue New York City over vaccine mandate

By Danielle Wiener-Bronner A group of restaurant owners and five small businesses are suing New York City Mayor Bill de Blasio and the city over its vaccine mandate in the hopes of blocking the new requirement. Earlier this month, the city announced a new rule requiring people to show proof of vaccination against Covid-19 before dining indoors, visiting a fitness center or going to an indoor entertainment venue. Anyone who works in the impacted businesses must also be vaccinated. The rule went into effect this week, and the city plans to start enforcing it on September 13. “This vaccine mandate is arbitrary and capricious due to the

Serena Williams and Nike unveil shoe and apparel collection

By Chauncey Alcorn Serena Williams is pairing up with Nike to try to bring more people of color into the world of fashion design. On Tuesday, the 39-year-old tennis legend joined Nike in unveiling a collection of women’s athleisure wear and accessories, created by a group of 10 up-and-coming designers known as the Serena Williams Design Crew, or SWDC. Nike selected the group two years ago as part of its “diversity in design” apprenticeship program, which seeks to elevate designers of color who are underrepresented in the fashion design world. The clothes, a mix of SWDC athletic gear and streetwear, will be available

Newsroom leadership has never been this diverse, but that’s not enough

By Kerry Flynn A new class of media executives who have taken top jobs at major publications in the US in the last year is much different than any that came before it. Notably, the class is not made up of predominantly White men. In fact, the cohort includes many firsts. For the first time, there is a Black executive running a major American broadcast news network. The new leaders of ABC News and MSNBC are not only the first Black people in the top roles, but also the first women. The new CEO of The Associated Press is the

3 ways companies can help advance racial equity

Opinion by Dan Schulman, Robert F. Smith and Rich Lesser Amid the national reckoning over racial inequality, corporations and foundations across the country have pledged roughly $11 billion to support causes that promote racial equity. Yet to date, only about half of that promised amount — roughly $5.8 billion — appears to have translated into real investments in the many organizations that are working day in and day out to create lasting change in communities of color. This slow pace of investment must be addressed if we are to successfully tackle the urgent and pervasive challenges before us. The reasons

Why minority business leaders are celebrating the infrastructure bill

By Chauncey Alcorn The heads of some of the largest minority business advocacy groups on Capitol Hill are praising key elements of the latest infrastructure bill, which is currently being debated in the House after passing with bipartisan support in the Senate on Tuesday. “This was a win for us in a big way that may not necessarily be known by most people,” US Black Chambers of Commerce president and CEO Ron Busby Sr. told CNN Business. Busby’s organization advocates on behalf of 143 Black chambers of commerce in the United States and a total of 380,000 Black business owners

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