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NEW YORK (AP) — Wells Fargo CEO Charles Scharf is apologizing for comments he made about the difficulty of finding qualified Black executives. Scharf said in a memo released this week that “there is a very limited pool of black talent to recruit from” in corporate America. The comments and similar statements made in a Zoom meeting led to an intense backlash in Washington and from advocacy groups. Scharf on Wednesday said in a prepared statement that the comments he made reflect “my own unconscious bias.”“There is no question Wells Fargo has to make meaningful progress to increase diverse representation,” he wrote. 629
NEW YORK (AP) — A federal judge in New York has ruled that Acting Department of Homeland Security Secretary Chad Wolf assumed his position unlawfully. U.S. District Judge Nicholas Garaufis's ruling invalidates Wolf’s suspension of the Deferred Action for Childhood Arrivals program, which shields young people from deportation. Wolf effectively suspended the program in July, a month after the U.S. Supreme Court ruled against President Donald Trump's efforts to end it. Garaufis wrote Saturday that DHS failed to follow an order of succession established when then-Secretary Kirstjen Nielsen resigned in April 2019. DHS did not immediately respond to a request for comment on the ruling. 696
NEW YORK, N.Y. – Barnes & Noble has warned its customers of a cybersecurity attack which may have exposed consumer information.The bookstore chain informed its customers of the attack in an email Wednesday night, but said their payment information and other financial data has not been compromised, because it’s encrypted and not accessible.However, the email obtained by CNN and Business Insider says the attack resulted in unauthorized access to company systems that do contain customers’ email addresses, billing and shipping addresses, and telephone numbers.The company says it doesn’t currently have evidence that this data has been exposed, but it cannot be ruled out at this stage in the investigation.The company says it learned of the attack on Saturday, Oct. 10.“We take the security of our IT systems extremely seriously and regret sincerely that this incident has occurred,” wrote Barnes & Noble. “We know also that it is concerning and inconvenient to receive notices such as this. We greatly appreciate your understanding and thank you for being a Barnes & Noble customer.”The news of the cyber-attack comes one day after the business experienced a “systems failure” that caused an outage to NOOK content.A spokesperson for the company told Business Insider that the attack was linked to the problems with NOOK and issues processing orders at its stores. 1388
NEW YORK CITY — Mayor Bill de Blaiso suggested that the snow day as we know it may be gone due to remote learning, as the city prepares for what could be it's biggest snow storm in years. The mayor announced that all schools, including in-person learning, would be open Wednesday. The mayor cited expectations that the storm will not begin to hit New York City until 4 p.m. School buses will also be in use. "School will be in session Wednesday," de Blasio said. "We do not expect the snow to even begin until school is complete tomorrow." On Thursday, there will be classes one way or the other. While the decision has not yet been made on in-person learning, all students will have the option of remote learning for Thursday regardless of how much snow the area gets.De Blasio suggested parents have an alternative ready for Thursday. "We're going to be assessing the storm as it arrives, we will be making a decision as we get more information." De Blasio suggested they may have the information they need to make a decision by 6 p.m. Wednesday. The city is under a winter storm watch for late Wednesday into Thursday. This article was written by Stephen M. Lepore for WPIX. 1186
NEW YORK (AP) — Phil Griffin is stepping down after 12 years as MSNBC president, the first major post-election change in the news industry.NBC Universal News Group Chairman Cesar Conde says Rashida Jones will replace Griffin.Jones, who is currently the head of breaking news at NBC and recently directed the network's coverage of the 2020 election, has been with NBC News for the past seven years.She is the first Black executive to lead a cable news network, and Conde has said increasing diversity is one of his top goals."Rashida is the right person to lead MSNBC forward into a new era," said Conde in a press release. "She's an exceptional leader with an outstanding track record, laser-like focus, and grace under pressure."According to the press release, Jones will take over on Feb. 1.Conde says Griffin has left MSNBC in the best shape it has ever been."Six straight record years. Each one is better than the last. An extraordinary roster of anchors, journalists, producers, contributors, and many more who each day create smart, in-depth news, analysis, and perspective and do it in a way that is distinctive in the cable news environment – with humanity that pops through the screen," Conde said in the news release.News networks are now wondering if they can keep up the same public interest level without President Donald Trump. 1349
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