Labor Day, the first Monday in September, is a creation of the labor movement and is dedicated to the social and economic achievements of American workers. It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country. Through the years the nation gave increasing emphasis […]
Grinding coffee beans, a whirring blender, or the hiss of steaming milk are not the sounds you would expect to hear at a mayor’s town hall. Last night (August 13, 2014), however, a Starbucks store on Alhambra Boulevard in Central Sacramento became the setting for a meeting with Mayor Kevin Johnson and over 50 community […]
Wells Fargo (NYSE:WFC) today began accepting applications through October 1 from young companies interested in joining the new Wells Fargo Startup Accelerator, a semiannual boot camp for innovators whose technology ideas in payments, deposits, fraud, operations and other fields could shape future customer experiences in financial services. Wells Fargo will make a direct equity investment […]
NEW YORK, – Chase today announced a partnership with Seattle non-profit UP Global to present Startup Week powered by Chase, a community-led celebration of entrepreneurs. The national sponsorship grew out of Chase’s title role in Denver Startup Week, the largest free entrepreneur event in North America. Startup Week features a platform of locally-organized events, as […]
U.S. Secretary of Commerce Penny Pritzker highlighted a number of Department of Commerce efforts and future commitments under President Obama’s Doing Business in Africa (DBIA) campaign at the U.S.-Africa Business Forum. The Forum, a day focused on trade and investment opportunities on the continent, is a part of President Obama’s broader U.S.-Africa Leaders Summit, the […]
WASHINGTON, D.C.—The U.S. Chamber of Commerce’s Center for Capital Markets Competitiveness released today a report that outlines concrete ideas for modernizing the U.S. Securities and Exchange Commission’s (SEC) disclosure regime. The “Report on Corporate Disclosure Effectiveness: Ensuring a Balanced System that Informs and Protects Investors and Facilitates Capital Formation,” identifies short- and long-term improvements to […]
WASHINGTON —LinkedIn Corp. has agreed to pay $3,346,195 in overtime back wages and $2,509,646 in liquidated damages to 359 former and current employees working at company branches in California, Illinois, Nebraska and New York. An investigation by the U.S. Department of Labor’s Wage and Hour Division found that LinkedIn was in violation of the overtime […]
WASHINGTON, D.C. – President Barack Obama today announced that the U.S. Agency for International Development (USAID) will invest more than $38 million toward four regional Leadership Centers that will train thousands of Africa’s emerging leaders and foster connections, creativity, and collaboration in sectors critical to Africa’s growth and development. USAID’s investment was more than matched […]
WASHINGTON — U.S. Secretary of Labor Thomas E. Perez released the following statement on the five-year anniversary of the last increase in the federal minimum wage: “It’s been exactly five years since workers at the bottom of the income ladder have gotten a raise. Since then, the cost of a gallon of milk, a week […]
HOUSTON & NEW YORK– KKR & Co. L.P. (NYSE:KKR), a leading global investment firm, and BlackGold Capital Management (“BlackGold”), a credit-oriented hedge fund specializing in energy and hard asset investments, today announced that KKR is acquiring a 24.9% interest in BlackGold. Financial terms of the transaction were not disclosed. Established in 2006 by co-founders Erik […]
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