Alina Selyuk
👤 SpeakerAppearances Over Time
Podcast Appearances
In the fall, the EEOC subpoenaed Nike's documents on how it uses race and ethnicity data of its workers and how it selects workers for mentorship and career development.
Nike has pushed back and the agency has now filed a motion in federal court to force the company to comply.
Nike in a statement called this, quote, surprising and unusual escalation, saying it's cooperated with the federal inquiry and it's committed to fair employment practices.
The current chief of the Equal Employment Agency had filed the complaint against Nike's diversity programs in 2024 before she was elevated to run the agency by President Trump.
In the fall, the EEOC subpoenaed Nike's documents on how it uses race and ethnicity data of its workers and how it selects workers for mentorship and career development.
Nike has pushed back and the agency has now filed a motion in federal court to force the company to comply.
Nike in a statement called this a, quote, surprising and unusual escalation, saying it's cooperated with the federal inquiry and it's committed to fair employment practices.
The merger of Saks Fifth Avenue with Neiman Marcus was meant to shake up the world of luxury department stores.
The deal, orchestrated by investor Richard Baker, was worth $2.7 billion.
But now, barely a year later, Saks Global is tearing at the seams.
It adds to the list of fairly recent bankruptcies by iconic luxury chains, including Lord & Taylor and Hudson's Bay in Canada.
which Richard Baker also owned.
Department stores in general are facing a huge slump, and luxury chains especially so, as big brands rival them by selling directly to shoppers.
Saks will now restructure its multi-million dollar debt through the bankruptcy process, hoping to re-emerge later in the year.
NPR tracked 114 prices at a Walmart south of Savannah from nearly every aisle of the Superstore, comparing to prices in December 2024.
Almost half the items on NPR's shopping list got more expensive last year, with an average increase of 5%.
The biggest culprits were beef, coffee and chocolate.