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Congressional Black Caucus urges corporate America to recommit to diversity, equity and inclusion  on December 15, 2023 at 7:14 pm Business News | The Hill

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The Congressional Black Caucus (CBC) is calling on corporate America to recommit to diversity, equity and inclusion promises, including $50 billion in investments, made after the 2020 murder of George Floyd. 

In a Corporate Accountability letter, previewed by The Hill, the CBC asks corporations for an update on their racial equity investments and to work with the Caucus to create legislative solutions that will help close the racial wealth gap. 

“For years advocates have taken a front-row seat in this fight, working tirelessly to ensure the Black community prospers against these odds,” the letter said. “It is past time to concentrate our efforts and equip our community with the necessary resources to close the racial wealth gap in America. The journey in front of us requires Corporate America to help drive an agenda that will power Black economic mobility.”

Following the murder of Floyd, who was killed when a Minneapolis police officer kneeled on his neck for more than nine minutes in the summer of 2020, racial justice protests spread throughout the nation, and the corporate field was not spared. DEI roles increased by 55 percent, according to a report from the Society for Human Resource Management. But those roles are now seeing cutbacks and workers fired.

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The CBC’s letter also points to reports around corporations participating in performative actions such as hosting fake interviews for diverse candidates to give the appearance that they have increased DEI efforts. 

Now, the caucus is giving corporate America until Jan. 31 to share its DEI improvements before it releases a report card, which will detail where corporations stand in their commitments to invest in, hire and promote Black workers. 

In an exclusive interview with The Hill, Democratic Reps. Steven Horsford (Nev.), chair of the caucus, Joyce Beatty (Ohio), first chair of the Financial Services Committee’s Subcommittee on Diversity and Inclusion, and Glenn Ivey (Md.) explained that the letter is about ending the assault on DEI.

“This is about the CBC, collectively, and the 120 million Americans that we represent, 20 million Black Americans, who are literally under assault and under attack when it comes to economic opportunity,” said Horsford. “We talk a lot about democracy and we will always fight for and uphold the provisions around democracy, including the right to vote, and one of those most fundamental rights is the right for economic justice.”

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Black Americans are significantly underrepresented in high-wage industries and face low probabilities of advancement. Black employees make up only 12 percent of the private-sector and only 7 percent of high-ranking positions like senior manager, vice president and senior vice president. 

As such, Black households hold only 4 percent of wealth — but white households hold 84 percent wealth, according to the Brookings Institution.

“If we’re really going to be about changing the economics, if we’re going to be about creating wealth, we have to do it in a variety of areas,” Beatty said. “If we are not in the arena where major decisions are made about economics, then we’re not going to be able to be a part of having generational wealth.”

The CBC’s letter comes at a time when DEI practices are being challenged nationwide. 

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In May, Florida Gov. Ron DeSantis, who is running for the GOP presidential nomination, signed a bill into law banning the state’s public colleges and universities from spending money on DEI programs. 

Shortly thereafter, the Supreme Court declared race-conscious affirmative action in college admissions unconstitutional. 

Then, in July, 13 Republican state attorneys general sent a letter to Fortune 100 companies threatening legal action if they don’t stop DEI efforts, calling such actions “racially discriminatory quotas and preferences.”  

In Tennessee, the Small Business Administration (SBA) has temporarily suspended new applications to the 8(a) Business Development Program, which has provided tools and resources for small businesses to help owners compete in the public and private sectors.   

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Ivey said the CBC is there to support not only 8(a) applicants, but minority business owners across the board.

“As these attacks are going to continue to come in courts across the country, we want to make sure we’re standing with them and those efforts,” Ivey said. “We want to make sure that the 8(a) program and federal procurement is one way that these businesses are allowed to thrive and grow. We want to make sure that minority businesses aren’t just relying on the federal government or state governments to build businesses, but they get to do work in the private sector as well.”

But Horsford added that the issue of DEI affects more than just Black workers – it’s about ensuring all Americans regardless of gender, learning abilities and color “have ample opportunity and access.”

“This is about measuring within the company the approaches that they are taking around governance and leadership, of course their HR policies, how they empower the worker voice and representation,” Horsford said. “This is also about what companies are doing within the community where they are operating, the trust and relationships that are forming the corporate philanthropy, the local policy and the environmental justice impacts that they may be having.”

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It’s also about what corporations are doing to help advance national policy around the racial wealth gap and investments they are making outside their communities, he added.

Corporations should care about these issues just as much as the caucus does, the members added. 

Studies have found that diverse workforces are 19 percent more productive, and that gender and ethnic diversity increase a company’s financial performance above the national industry median by an average of 25 percent.  

And despite the attacks on DEI, a majority of Americans support such practices. 

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poll commissioned by the Black Economic Alliance Foundation found that 78 percent of Americans “support businesses taking steps to make sure companies reflect the diversity of the American population.” 

“When you put us in the room, it puts more diversity on not just race and ethnicity, but diversity of thought, diversity of background, diversity of experience, and it makes it better for the company,” Beatty said.

​Race & Politics, Business, House, News, Congressional Black Caucus, DEI, diversity equity and inclusion The Congressional Black Caucus (CBC) is calling on corporate America to recommit to diversity, equity and inclusion promises, including $50 billion in investments, made after the 2020 murder of George Floyd. In a Corporate Accountability letter, previewed by The Hill, the CBC asks corporations for an update on their racial equity investments and to work with the Caucus to create legislative…  

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Why 9 Million Americans Have Left

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The Growing American Exodus

Nearly 9 million Americans now live outside the United States—a number that rivals the population of several states and signals a profound shift in how people view the American dream. This mass migration isn’t confined to retirees or the wealthy. Thanks to remote work, digital nomad visas, and mounting pressures at home, young professionals, families, and business owners are increasingly joining the ranks of expats.

Rising Costs and Shrinking Wallets

Living in the US has become increasingly expensive. Weekly grocery bills topping $300 are not uncommon, and everyday items like coffee and beef have surged in price over the last year. Rent, utilities, and other essentials also continue to climb, leaving many Americans to cut meals or put off purchases just to make ends meet. In contrast, life in countries like Mexico or Costa Rica often costs just 50–60% of what it does in the US—without sacrificing comfort or quality.

Health Care Concerns Drive Migration

America’s health care system is a major trigger for relocation. Despite the fact that the US spends more per person on health care than any other country, millions struggle to access affordable treatment. Over half of Americans admit to delaying medical care due to cost, with households earning below $40,000 seeing this rate jump to 63%. Many expats point to countries such as Spain or Thailand, where health care is both affordable and accessible, as a major draw.

Seeking Safety Abroad

Public safety issues—especially violent crime and gun-related incidents—have made many Americans feel unsafe, even in their own communities. The 2024 Global Peace Index documents a decline in North America’s safety ratings, while families in major cities often prioritize teaching their children to avoid gun violence over simple street safety. In many overseas destinations, newly arrived American families report a significant improvement in their sense of security and peace of mind.

Tax Burdens and Bureaucracy

US tax laws extend abroad, requiring expats to file annual returns and comply with complicated rules through acts such as FATCA. For some, the burden of global tax compliance is so great that thousands relinquish their US citizenship each year simply to escape the paperwork and scrutiny.

The Digital Nomad Revolution

Remote work has unlocked new pathways for Americans. Over a quarter of all paid workdays in the US are now fully remote, and more than 40 countries offer digital nomad visas for foreign professionals. Many Americans are leveraging this opportunity to maintain their US incomes while cutting costs and upgrading their quality of life abroad.

Conclusion: Redefining the Dream

The mass departure of nearly 9 million Americans reveals deep cracks in what was once considered the land of opportunity. Escalating costs, inaccessible healthcare, safety concerns, and relentless bureaucracy have spurred a global search for better options. For millions, the modern American dream is no longer tied to a white-picket fence, but found in newfound freedom beyond America’s borders.

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Will Theaters Crush Streaming in Hollywood’s Next Act?

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Hollywood is bracing for a pivotal comeback, and for movie lovers, it’s the kind of shake-up that could redefine the very culture of cinema. With the freshly merged Paramount-Skydance shaking up its strategy, CEO David Ellison’s announcement doesn’t just signal a change—it reignites the passion for moviegoing that built the magic of Hollywood in the first place.

Theatrical Experience Roars Back

Fans and insiders alike have felt the itch for more event movies. For years, streaming promised endless options, but fragmented attention left many longing for communal spectacle. Now, with Paramount-Skydance tripling its film output for the big screen, it’s clear: studio leaders believe there’s no substitute for the lights, the hush before the opening credits, and the collective thrill of reacting to Hollywood’s latest blockbusters. Ellison’s pivot away from streaming exclusives taps deep into what unites cinephiles—the lived experience of cinema as art and event, not just content.

Industry Pulse: From Crisis to Renaissance

On the financial front, the numbers are as electrifying as any plot twist. After years of doubt, the box office is roaring. AMC, the world’s largest theater chain, reports a staggering 26% spike in moviegoer attendance and 36% revenue growth in Q2 2025. That kind of momentum hasn’t been seen since the heyday of summer tentpoles—and it’s not just about more tickets sold. AMC’s strategy—premium screens, with IMAX and Dolby Cinema, curated concessions, and branded collectibles—has turned every new release into an event, driving per-customer profits up nearly 50% compared to pre-pandemic norms.

Blockbusters Lead the Culture

Forget the gloom of endless streaming drops; when films like Top Gun: Maverick, Mission: Impossible, Minecraft, and surprise hits like Weapons and Freakier Friday draw crowds, the industry—and movie fans—sit up and take notice. Movie-themed collectibles and concession innovations, from Barbie’s iconic pink car popcorn holders to anniversary tie-ins, have made each screening a moment worth remembering, blending nostalgia and discovery. The focus: high-impact, shared audience experiences that streaming can’t replicate.

Streaming’s Limits and Studio Strategy

Yes, streaming is still surging, but the tide may be turning. The biggest franchises, and the biggest cultural events, happen when audiences come together for a theatrical release. Paramount-Skydance’s shift signals to rivals that premium storytelling and box office spectacle are again at the center of Hollywood value creation. The result is not just higher profits for exhibitors like AMC, but a rebirth of movie-going as the ultimate destination for fans hungry for connection and cinematic adventure.

Future Forecast: Culture, Community, and Blockbuster Dreams

As PwC and others warn that box office totals may take years to fully catch up, movie lovers and industry leaders alike are betting that exclusive theatrical runs, enhanced viewing experiences, and fan-driven engagement are the ingredients for long-term recovery—and a new golden age. The Paramount-Skydance play is more than a business move; it’s a rallying cry for the art of the theatrical event. Expect more big bets, more surprises, and—finally—a long-overdue renaissance for the silver screen.

For those who believe in the power of cinema, it’s a thrilling second act—and the best seat in the house might be front and center once again.

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Why Are Influencers Getting $7K to Post About Israel?

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Influencers are being paid as much as $7,000 per post by the Israeli government as part of an expansive and sophisticated digital propaganda campaign. This effort is designed to influence global public opinion—especially among younger social media users—about Israel’s actions in Gaza and to counter critical narratives about the ongoing humanitarian situation.

How Much Is Being Spent?

Recent reports confirm that Israel has dedicated more than $40 million this year to social media and digital influence campaigns, targeting popular platforms such as TikTok, YouTube, and Instagram. In addition to direct influencer payments, Israel is investing tens of millions more in paid ads, search engine placements, and contracts with major tech companies like Google and Meta to push pro-Israel content and challenge critical coverage of issues like the famine in Gaza.

What’s the Strategy?

  • Influencer Contracts: Influencers are recruited—often with all-expenses-paid trips to Israel, highly managed experiences, and direct payments—to post content that improves Israel’s image.
  • Ad Campaigns: State-backed ad buys show lively Gaza markets and restaurants to counter global reports of famine and humanitarian crisis.
  • Narrative Management: These posts and ads often avoid overt propaganda. Instead, they use personal stories, emotional appeals, and “behind the scenes” glimpses intended to humanize Israel’s side of the conflict and create doubt about reports by the UN and humanitarian agencies.
  • Amplification: Paid content is strategically promoted so it dominates news feeds and is picked up by news aggregators, Wikipedia editors, and even AI systems that rely on “trusted” digital sources.

Why Is This Happening Now?

The humanitarian situation in Gaza has generated increasing international criticism, especially after the UN classified parts of Gaza as experiencing famine. In this environment, digital public relations has become a primary front in Israel’s efforts to defend its policies and limit diplomatic fallout. By investing in social media influencers, Israel is adapting old-school propaganda strategies (“Hasbara”) to the era of algorithms and youth-driven content.

Why Does It Matter?

This campaign represents a major blurring of the lines between paid promotion, journalism, and activism. When governments pay high-profile influencers to shape social media narratives, it becomes harder for audiences—especially young people—to distinguish between authentic perspectives and sponsored messaging.

As user trust in mainstream news decreases and social media’s power grows, understanding how digital influence operations work is critical for anyone who wants to stay informed and think critically about global events.


In short: Influencers are getting $7,000 per post because Israel is prioritizing social media as a battleground for public opinion, investing millions in shaping what global audiences see, hear, and believe about Gaza and the conflict.

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