Page 24 - Alphonso David News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The anti-affirmative action activist behind the successful U.S. Supreme Court challenge to race-conscious college admissions policies is trying to use a Civil War-era law designed to protect formerly enslaved Black people from racial bias to dismantle American corporate diversity programs. In a trio of lawsuits filed since August, Edward Blum's American Alliance for Equal Rights organization has challenged grant and fellowship programs designed by a venture capital fund and two law firms to help give Black, Hispanic and other underrepresented minority groups greater career opportunities....

NNPA NEWSWIRE — Founded in 2019 by three Black women, Fearless Fund has championed economic empowerment and opportunity for women of color. Their flagship initiative, the Fearless Strivers Grant Contest, has provided substantial financial support to Black women entrepreneurs, with awards reaching up to $20,000. However, Blum’s American Alliance for Equal Rights contends that this program violates a section of the Civil Rights Act of 1866, which prohibits racial discrimination in contracts. The post Black Economic Alliance Foundation Joins Fearless Fund in Fighting Lawsuit first appeared on...

Plus: Talent poachers and breaks for your brain chemistry this week in The Memo.

An Atlanta-based black women-founded venture capital firm is on the receiving end of a renewed effort to dismantle affirmative action in corporate America and is gearing up to defend itself in court next week.

ESG is alive and well—but erratic implementation is pushing companies to focus on the parts important to their businesses first.