L'Oreal dropped this model for commenting on systemic racism. Now it wants her back

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L'Oreal dropped this model for commenting on systemic racism. Now it wants her back

London (CNN Business) L’Oreal has asked model Munroe Bergdorf to advise the company on diversity and inclusion, three years after it dropped her for comments about systemic racism. The fashion company cut ties with Bergdorf in 2017 after she reportedly …
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Regulators seek $225 million fine from companies who made a billion robocalls

The U.S. communications regulator on Tuesday proposed a $225 million fine, its largest ever, against two health insurance telemarketers for spamming people with 1 billion robocalls using fake phone numbers. The Federal Communications Commission said …
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CrossFit Founder Quits After Backlash to George Floyd Tweet

The founder and CEO of CrossFit is stepping down after his tweet about George Floyd sparked a social media backlash and a wave of affiliated gyms cut ties with the company. Reebok also dropped its affiliation with CrossFit this week. Greg Glassman said on …
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Ula raises $10.5 million from Sequoia, Lightspeed India

BENGALURU : Small-retailers focussed marketplace app Ula has raised seed funding of $10.5 million led by Sequoia India and Lightspeed India. Indonesia-based venture capital fund, SMDV, growth-stage fund Quona Capital, early stage investor Saison …
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Pandemic A 'Growth Moment' As Innovation Department Closes $3.7 Million To Build Brands

In this time of hand-wringing about jobs and the economy, one direct-to-consumer holding company will use an infusion of capital to hire and build a team to launch new brands. Today’s news that Innovation Department closed $3.7 million in capital comes …
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