Corporations of all stripes have also been issuing public statements in support of racial equality. However, corporate statements could lead to backlash if they aren’t followed by actions that aid progress, experts and activists say.
Protesters and politicians aren’t the only ones making their voices heard on the issue of racial justice in the U.S. following the killing of George Floyd, and many other black citizens, at the hands of the police.
Citizens United v. Federal Election Commission was the Supreme Court case decided in January 2010 that gave corporations and other groups license to spend unlimited amounts of money on political elections. The ruling reversed campaign finance restrictions that had been in place for 100 years. The average salary for a retail sales associate at Nike is $12.12 per hour, according to Indeed.com. On the company’s e-commerce site, there’s a listing for the Air Jordan 6 Retro shoe coming soon with a $190-per-pair price tag.While many on social media and elsewhere have turned their eye toward the lack of diversity among the upper ranks at companies, Oggunaike says a company must ensure fairness and opportunity throughout the organization.
This may be even more of an imperative for consumer companies that come in close, oftentimes intimate, contact with consumers. The committee includes Mary Barra, chief executive of General Motors Co. GM, +4.97% , Jamie Dimon, chief executive of JPMorgan Chase & Co. JPM, +4.50% and Alex Gorsky, chief Executive of Johnson & Johnson JNJ, +0.38% .
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George Floyd updates: Floyd died of cardiopulmonary arrest, tested positive for COVID-19, autopsy showsThe death of George Floyd, a black man who died on Memorial Day after he was pinned down by a white Minnesota police officer, has sparked outrage and protests in the U.S.
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George Floyd protest updates: Biden calls Trump's comments about Floyd 'despicable'BREAKING: Active duty troops stationed just outside of Washington D.C., have been ordered to return to their home bases at Fort Bragg and Fort Drum.
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New jobs report shows black unemployment soaring again — and George Floyd was among that numberLess than half of all black Americans currently have a job, an employment-to-population ratio that is “massively alarming,” one economist said.
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Live updates: George Floyd protests across AmericaProtests following the death of George Floyd, a black man who pleaded that he couldn't breathe while he was held down with a knee by a former Minneapolis police officer, have spread nationwide. Follow here for the latest updates.
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Air Force leader's impassioned tweets spark candid conversation about racism in America: 'I am George Floyd''My greatest fear is...that I wake up one day and one of our airmen will be George Floyd.' Chief of Staff of the Air Force and the Chief Master Sergeant engaged in a powerful conversation about understanding in a time of unrest amid George Floyd protests.
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All four Minneapolis police officers charged in George Floyd deathProsecutors on Wednesday leveled new criminal charges against four Minneapolis police officers implicated in the death of an unarmed black man who was pinned by his neck to the street during an arrest caught on video, sparking nine days of nationwide protest and civil turmoil.
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