Black banker sues Goldman Sachs for racial discrimination

Black banker sues Goldman Sachs for racial discrimination

Rebecca Allen in the lawsuit filed in federal court in Manhattan said Goldman's virtually all-white senior leadership team favors white bankers for promotions and lucrative accounts, so they earn more than black coworkers. "Simply put, Goldman Sachs does virtually nothing to hire, promote or develop black talent, instead focusing its efforts on retaining and promoting white employees to positions of leadership," Allen said in the complaint. Goldman in a statement said the claims were meritless.


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Trump disbands business councils after CEOs exit in protest

Trump disbands business councils after CEOs exit in protest

By Susan Heavey and Jeff Mason WASHINGTON/NEW YORK (Reuters) - U.S. President Donald Trump disbanded two high-profile business advisory councils on Wednesday after corporate CEOs quit in protest at his remarks blaming violence in Charlottesville, Virginia, not only on white nationalists but also on the protesters who opposed them. A parade of prominent Republicans and U.S. ally Britain rebuked Trump after his Tuesday comments on Saturday's bloodshed further enveloped his seven-month-old presidency in controversy and paralyzed his policy aims. Trump announced the break-up of the advisory councils after 3M Co's Inge Thulin became the latest of several chief executives to leave Trump's American Manufacturing Council, and the president's Strategic and Policy Forum broke up of its own will.


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