Ciara and Russell Wilson donated more than $35,000 to Denny International Middle School. The couple partnered with the NFL, Goalsetter, and their Why Not You Foundation to bring awareness to Financial Literacy Month. “Financial literacy and building wealth is so important,” Wilson said. “Ciara and I really wanted to talk …
Read More »Greenwood Raises $40 Million in Funding to Provide Black and Latino Banking Services
Greenwood, the digital banking platform launched last year by co-founders Ryan Glover and rapper/activist Michael “Killer Mike” Render, has attracted some of finance’s biggest names. According to a joint announcement released Thursday, the burgeoning fintech startup — named after the early 20th-century African-American business district in Tulsa, Oklahoma, that received …
Read More »GameStop CFO Jim Bell Is Resigning
Executive Vice President and Chief Financial Officer of GameStop, Jim Bell, resigns from his role on March 26. His resignation comes after the rise and fall of GameStop’s stock. “The company thanks Mr. Bell for his significant contributions and leadership, including his efforts over the past year during the COVID-19 …
Read More »Corporate America Suspends Donations To Republicans Who Objected To Electoral College Votes
As the fallout continues in the wake of the riots in Washington DC, corporate America has started suspending donations to Republican Congress members who objected to the Electoral College votes. CNN Business reports that 147 Republicans voted against the certification of the electoral votes that solidified President-elect Joe Biden’s win. Notable …
Read More »Facebook Cryptocurrency Renamed Diem
Libra, the cryptocurrency backed by Facebook, has been renamed “Diem.” The Diem Association changed its name and strategy to win favor from financial regulators worldwide. Instead of offering one coin, the Diem Association will offer several, which will be tied to different countries. Stuart Levey, CEO of Diem Association, acknowledged …
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