Target Pledges to Buy $2 Billion in Black-Owned Brands by 2025
Target Corp. will spend more than $2 billion with hundreds of Black-owned businesses by the end of 2025, making the pledge just as its home city of Minneapolis is grappling with the murder trial of the former city police officer who killed George Floyd. The cheap-chic retailer will also add products from more than 500 […]
BlackRock Breaks Ranks With Wall Street in Performing Race Audit
BlackRock Inc. is breaking ranks with peers on Wall Street by doing a deep dive into its business to see how it may contribute to racial inequities in the financial system. The world’s largest money manager plans to undergo an independent racial audit of its operations, following a request from a shareholder. Companies including Airbnb […]
McGuireWoods wants to diversify private equity
If you fill a room with private equity professionals, chances are that you won’t find many faces of women and people of color. A pair of partners at McGuireWoods hope a new initiative they launched in January can help change that. Securities department chair Greg Kilpatrick and tax and employee benefits department chair Gerald Thomas […]
