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April 19 Reuters) – Seagate Technology Holdings (STX.O) has agreed to pay a $300 million penalty in a settlement with U.S. authorities for shipping over $1.1 billion worth of hard disk drives to China’s Huawei in violation of U.S. export control laws, the U.S. Department of Commerce said on Wednesday.
What is the main reason for a persistent wealth gap between white and non-white families in the U.S.? Hint: it’s not because of inheritances. Intergenerational inheritances only account for about 14% of the wealth gap between Black and white households, according to a recent study from the Federal Reserve Bank of Boston. Instead, two of […]
Markets Commodities Oil Markets With the West mostly shunning Russia’s . . .
2022 is the year 19-year-old Santosh will never forget. Santosh had dreams of improving his life for the better, seeking work outside his rural village in Nepal as a migrant worker. His life did change, but only for the worse. Santosh is now half the man he used to be after losing one of his […]
WRIGHT-PATTERSON AIR FORCE BASE, Ohio (AFNS) — A unique partnership between two Air Force Materiel Command personnel teams continues to progress both mentoring and diversity goals across the enterprise. More than 2,500 uniformed and civilian Airmen and Guardians participated in a series of Cross-Cultural Mentoring Panels in 2022, which emphasized inclusivity, growth […]
Oil Wells pumping outside of Midland Texas. (Photo by: Joe Sohm/Visions of America/Universal Images … [+] Group via Getty Images) Joe Sohm/Visions of America/Universal Images Group via Getty Images A meme making the rounds on Twitter this week captures the cyclical nature of employment levels in the oil and gas industry quite succinctly. The meme […]
Oct 26 (Reuters) – Seagate Technology Holdings said in a filing on Wednesday that it has been warned by the U.S. government that the company may have violated export control laws by providing hard disk drives to a customer on a trade blacklist. The customer is China’s Huawei, a source familiar with the matter told […]
Elections in Brazil have seen belated gains in representation for marginalised and vulnerable communities that have suffered a rise in hate crimes and violence under Jair Bolsonaro. But with the presidential runoff coming on 30 October, the fight is far from over. Nearly four years of government led by Bolsonaro, a right-wing populist, has eroded the […]
The number of employers implementing new diversity and inclusion drives has almost trebled since the end of the Black Lives Matter protests, new research shows. A total of 27% of minority-ethnic workers said their employers had introduced new initiatives during the last 12 months in response to the global movement, according to an Opinium survey […]
Spring break passengers wait in a TSA security line at Orlando International Airport. While COVID-19 face masks are still required, crowds have increased over last year. SOPA Images/LightRocket via Getty Images hide caption toggle caption SOPA Images/LightRocket via Getty Images Spring break passengers wait in a TSA security line at Orlando International Airport. While COVID-19 […]