ORGANIZATION

Wells Fargo CEO apologizes for saying Black talent pool is 'very limited'

Wells Fargo CEO Charlie Scharf apologized Wednesday after saying the financial services industry has “limited” Black talent to choose from when hiring senior management, reiterating his commitment to improving diversity amid a national reckoning on racial injustice sparked by the death of George Floyd.

U.S. airlines make urgent call for new bailout as job cuts loom

The chief executives of American Airlines, United Airlines and JetBlue Airways and the major aviation unions held a press conference Tuesday afternoon on Capitol Hill as part of a last-ditch effort for a six-month extension of the payroll support program granted through the $25 billion bailout from Congress back in March.