“We are interrogating our policies and procedures,” says Frank Altman, CEO of one of the CDFI partners, Community Reinvestment Fund. “And I think every financial institution in the country needs to be doing that, to see where is the hidden bias in our lending that is unintentionally excluding, or perhaps intentionally excluding, otherwise qualified individuals and businesses from receiving capital.” Mastercard will help the CDFIs to digitize their application processing so that the capital, primarily in the form of microloans, can be disbursed more quickly and in a scaled manner. The company will also make deposits to CDFIs, credit unions, and Black-owned depository institutions to strengthen their reserves. … [Read more...] about Mastercard will spend $500 million to expand financial access in Black communities
Mulally ford ceo
“You can’t expect people to man them for 14 straight hours,” he says. “You need shifts.” While their essential, behind-the-scenes work—and pay—varies from state to state, poll workers are responsible for: setting up voting booths, signs and supplies; greeting voters and checking their names off voter rolls; assisting those who need help; monitoring equipment; clearing up and transferring ballots to local election officials; and in some states, tallying and reporting results. This year, they’ll also need to enforce social distancing and continually sanitize equipment. … [Read more...] about A new generation of younger poll workers is stepping up to protect the elderly from COVID-19
This past summer, two B Corporations held their initial public offerings and became publicly traded companies: insurance company, Lemonade, and certified-as-humane egg purveyor Vital Farms. They join just a handful of other B Corporations—including international university operator Laureate Education, and Brazilian cosmetics group Natura &Co—that have made the leap to a public offering. Vital Farms’ CEO, Russell Diez-Canseco, says the company has been rooted in “conscious capitalism” since its founding. “We really believe that our purpose is to improve the lives of people, animals, and plants through food,” he says. And, entering the public market has attracted more “really incredible impact investors who were very supportive of the mission, and really saw the potential for us to have a positive impact in the world.” … [Read more...] about How the B Corporation movement is remaking business
Each state treats the practice differently, both with regard to qualifications and procedures. In Wisconsin, any member of the public may monitor polls; in Florida, it’s reserved for registered voters from the specific county in which they’re observing. In Louisiana, only one poll watcher can operate per precinct—except for a single designated “super watcher” who can monitor all the precincts in an assigned parish. In Kansas, 14- to 17-year-olds may monitor polls, while in Georgia, all poll watchers must wear identification badges. In West Virginia, poll watchers may not monitor voting at all during the day—but may witness ballot counting after closing. … [Read more...] about Poll watching is legal, voter intimidation is not. Which does Trump actually want?
To add to the obstacles of short supply and price hikes, the city’s tight safety regulations mean Massoud hasn’t yet been able to operate the heaters. Because of the inflammatory properties of propane, New York has traditionally prohibited restaurants from using propane heaters, but it recently announced an emergency exception. Eateries can now use heaters fueled by one-pound containers of propane, but the more effective, larger ones are fueled by 20-pound tanks. For safety reasons, those tanks cannot be stored on dining premises, and rather must be kept in Fire Department-approved storage facilities. Some restaurants have worked out a nightly fuel delivery and collection system, but that’s logistically difficult. “So, I’m sitting on $2,000 worth of outdoor heaters that, as it stands right now, I cannot use,” Massoud says. … [Read more...] about Propane heaters are the new toilet paper