March 31, 2021

Month: March 2021

Share of black employees in senior US finance roles falls despite diversity efforts

Black employees held a lower share of top US financial services jobs in 2018 than they did more than a decade earlier, according to new research by the Financial Times, underlining the shortcomings of Wall Street’s long-running efforts to improve racial diversity.

The FT analysed the most recently available anonymised data on the demographics of 3.6m staff across 13,000 financial services employers in the US from 2007 to 2018. All companies with more than 100 staff were required to submit the information to the Equal Employment Opportunity Commission from 2007. 

Black staff account for 13 per cent of all finance

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The real-life depths of Bay Area debt

The more people talk about their debt, the more they tend to blame themselves.

Debt convinces people that the money they have shouldn’t be spent and the money they make isn’t actually theirs. Even the smallest indulgences turn into guilt trips, as if they’ve splurged on the equivalent of a yacht.

In the United States — and in the Bay Area — debt has ballooned into a near-universal experience. If you don’t have it, you know someone who does. The pandemic brought debt to the forefront of local and national discussions. About student loans, the $1.7 trillion bubble that everyone

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COVID-19 cases expected to rise next winter with fewer deaths, UW doctor says

Leading researcher Dr. Ali Mokdad has been deeply affected by the coronavirus pandemic, on a personal and professional level.

SEATTLE — Throughout the pandemic, University of Washington scientists have predicted, with surprising accuracy, the number of COVID-19 infections and deaths in our state and across the nation.

Their models have gotten more accurate as they’ve collected more data from around the world. Click here to see the newest projections from the Institute for Health Metrics and Evaluation (IHME), an independent global health research center at the University of Washington. 

UW researcher Dr. Ali Mokdad told KING 5 News that COVID-19

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Canon Business Process Services Launches Redesigned Website

“Our new website also spotlights how Canon provides value to clients, which is to help them automate workflow, optimize business processes and ultimately transform their enterprise,” notes Joe Marciano, president and CEO of Canon Business Process Services. “Our innovative approach includes the latest technologies, workflow automation, Six Sigma methodologies and data analytics to enable business agility and digital transformation.”

One highlight of the updated website is the “Insights” section. It offers white papers, articles and research reports spotlighting best practices for implementing

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Biden signs PPP extension into law, moving application deadline to May 31

Washington — President Biden on Tuesday signed an extension for the popular Paycheck Protection Program (PPP), which was created last year to help small businesses weather the economic fallout from the coronavirus pandemic. The deadline to apply for a PPP loan has been extended from March 31 to May 31, and the law extends authorization of loans to June 30 to give the Small Business Administration additional time to process applications.

“It is a bipartisan accomplishment,” Mr. Biden said in remarks at the bill signing at the White House on Tuesday. “Without somebody signing this bill today, there are hundreds

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N.J. car dealer’s COVID losses not covered by insurance due to ‘virus exclusion,’ judge rules

An Ocean County car dealer who sued an insurance company that refused to cover the business’s monetary losses during the coronavirus pandemic has lost its case in federal court.

Downs Ford of Toms River sued Zurich American Insurance Company, alleging the carrier was obligated to cover business losses that the dealer incurred after New Jersey shut down non-essential businesses last year.

But Zurich claimed Downs Ford’s insurance policy contained a “virus exclusion.” On Thursday, a federal judge sided with Zurich.

“The language of the virus exclusion is clear,” U.S. District Judge Brian R. Maritnotti wrote in his decision granting Zurich’s

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