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March 9 is Asian American and Pacific Islander (AAPI) Equal Pay Day. AAPI women make about 85 cents for every dollar non-Hispanic white men make.

"As CEO, I assure you that we take these allegations very seriously," Kempczinski wrote. "We, as a System, must ensure that every allegation is fully and thoroughly investigated. If ever we find that we've fallen short of our values, we must acknowledge our mistakes and make them right. McDonald's isn't perfect, but we are steadfast in our efforts to improve our System each and every day."  The CEO said in the memo that he had asked executives to review McDonald's policies and programs regarding workplace safety, intending to define a set of global brand standards the company will communicat...

STR/AFP via Getty Images This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Nike's ill-defined relationship with the resale community is becoming increasingly fraught. A Nike exec resigned last week after she was tied to her son's lucrative sneaker resale business. Insiders said Nike might ignore dubious behavior if it means a sneaker will do well at resale. The sudden departure of one of Nike's senior executives is calling the company's connection to the resale world into quest...

The top finance stories for March 8, including the latest news on junior bankers burnt out from a year working from home.

Total funding: $110 million, according to Crunchbase. What it does: Clubhouse is an audio-only social app where users meet up in chat rooms to listen to talks, hear comedy stand-up routines, and partake in a slew of other audio-focused activities.  Why VCs like it: Clubhouse launched about a year ago, joining a crop of fast-growing startups that have boomed during the pandemic. Its app offers another way for at-home consumers to socialize in groups while in-person gatherings are on hold. Clubhouse remains invite-only, but the company already has millions of users. It's raised over $100 milli...