Floyd

Biden outraises Trump for month of May amid coronavirus, George Floyd protests

Democratic presidential candidate Joe Biden has outraised President Trump for the first time this year even as the coronavirus pandemic continues to hit the United States, and George Floyd protests began. 

The former vice president pulled in $80.8 million for the month of May, topping Trump, who pulled in $74 million. 

May was the first month Biden has jointly fundraised with the Democratic National Committee, allowing him to compete on even footing with the president, who has been jointly fundraising with the Republican National Committee (RNC) for months. 

Despite besting the president in total fundraising figures, Biden still lags far behind in cash on hand totals. Trump’s cash on hand equals a staggering $265 million, compared to the less than $150 million in Biden’s coffers. 

According to the Trump campaign, the president has pulled in over $800 million for this election cycle, nearing the $1 billion figure campaign manager Brad

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Kareem Abdul-Jabbar on George Floyd protests

Anger over the May 25 killing of George Floyd has coincided with “the slimy underbelly of institutional racism” being exposed by the coronavirus, wrote NBA legend Kareem Abdul-Jabbar, in a recent L.A. Times op-ed. The recipient of the Presidential Medal of Freedom, Abdul-Jabbar is the NBA’s all time leading scorer, six-time NBA champion, and only six-time MVP. 

“I just tried to point out to Americans what they were watching when they saw all of the unrest,” Abdul-Jabbar said in an interview with Yahoo Finance. “People pushed to the edge, people who have no voice, no power, no economic power.”  

“They just are tired of dealing with the system, that it often times ends up killing them. The police forces kill black Americans at an inordinate rate and it has to do with racism,” he said.

Racism, however, is not confined to acts of police brutality and the unjustified deadly

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Reebok ends its CrossFit sponsorship over CrossFit CEO’s tweet about George Floyd

One tweet was all it took. Call that a sign of the times.

Amid ongoing protests across the country over police brutality and the killing of George Floyd at the hands of a Minneapolis police officer, big corporations have felt compelled to issue statements (at the very least), make donations, and start dedicated funds for social justice.

So when CrossFit CEO Greg Glassman tweeted over the weekend calling the protests “FLOYD-19,” Reebok, which has been the exclusive apparel sponsor of the CrossFit Games since 2011, ended its sponsorship early.

Reebok, which is owned by Adidas Group, said in a statement to Footwear News: “Our partnership with CrossFit HQ comes to an end later this year. Recently, we have been in discussions regarding a new agreement, however, in light of recent events, we have made the decision to end our partnership with CrossFit HQ. We will fulfill our remaining

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George Floyd protests show U.S. needs ‘cultural transformation’: Chase Koch

The police killing of George Floyd has elicited denunciations of the status quo and calls for social change from high-profile business leaders like JPMorgan Chase CEO Jamie Dimon and Facebook CEO Mark Zuckerberg.

Add to the list Chase Koch, the president of venture capital firm Koch Disruptive Technologies and son of Charles Koch, the multi-billionaire CEO of Koch Industries and one of the nation’s most influential conservative political donors.

In a newly released interview, taped on Monday, Chase Koch said Floyd’s death draws attention to the lack of respect afforded to some Americans and called for a “cultural transformation” to address the inequality.

“Heartfelt sympathies to George Floyd’s family, and all those experiencing injustices,” says Koch, 42, who sits on the board of directors at Wichita, Kan.-based Koch Industries, a chemical and energy conglomerate with annual revenue of over $110 billion.

“This is, I think, a terrible reminder of

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Walmart leadership denounces ‘senseless’ George Floyd killing, embraces ‘more just and fair country’

Walmart (WMT) kicked off its 50th annual meeting of shareholders by addressing the killing of George Floyd that has sparked global outrage, with its leaders denouncing systemic racism and police brutality.

Floyd, a black man who died after a Minneapolis police officer kneeled on his neck for nearly nine minutes, lit the spark of mass protests across the U.S. With other major brands embracing the moment, Walmart used its annual confab to address the controversy directly.

Walmart, which now employs 2.35 million people worldwide, usually puts on a week-long, star-studded celebration that convenes thousands of company associates in the retailer’s hometown of Bentonville, Arkansas. However, this year’s meeting, held virtually due to the pandemic, lasted only one hour.

In the opening remarks, chairman of the board Greg Penner immediately called the death of Floyd “senseless,” insisting that Walmart has a “role to play in helping create a more just and

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