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#wellsfargo

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6 biggest #banks in #US quit #netzero alliance
Exodus from target-setting group is attempt to head off ‘anti-woke’ attacks from rightwing politicians
#JPMorgan is latest to withdraw from net zero banking alliance (NZBA), following #Citigroup, #BankofAmerica, #MorganStanley, #WellsFargo and #GoldmanSachs
Trump's vows to deregulate the energy sector, dismantle environmental rules and "drill, baby, drill" were a big part of his campaign platform
theguardian.com/business/2025/ #climatechange #climatecrisis

The Guardian · Six big US banks quit net zero alliance before Trump inaugurationBy Damien Gayle

The fight against office bondage seems to be gaining strength.

pluralistic.net/2024/09/27/sha

The focus has turned to the story of Denise Prudhomme, an employee at Wells Fargo, who tragically died at her workplace in the company office and her body went unnoticed for four days. Although the bank insisted on the importance of "in-person communication" in the offices, her death highlighted the selective and intrusive nature of the surveillance to which employees are subjected. Prudhomme was required to clock in and out of the office using a pass, but no one checked on her condition even though she had not left the office for several days. It became clear that digital surveillance served more as a tool of pressure and intimidation rather than a necessary work instrument.

The technical details of surveillance are amusing. I never guessed that an employee's efficiency could be measured by the distance traveled by their mouse cursor. It turns out, it can be done this way too.

(tags: #work #surveillance #office #employee #WellsFargo #digitalmonitoring)

Hohe Ausgaben für Bankenrettungen belasten US-Geldhäuser

Mit der Veröffentlichung der Quartalszahlen der vier größten US-Banken hat die Berichtssaison begonnen. Die Geldhäuser litten zuletzt vor allem unter den hohen Zahlungen an den Einlagensicherungsfonds.

➡️ tagesschau.de/wirtschaft/weltw

tagesschau.de · Hohe Ausgaben für Bankenrettungen belasten US-GeldhäuserBy tagesschau.de

"Banks pumped more than $150bn last year into companies whose … projects could destroy the last chance of stopping the planet heating to dangerous levels

… 425 extraction projects that …cumulatively hold enough coal, oil and gas to burn through the rapidly dwindling carbon budget four times over."

theguardian.com/environment/20

via carbonbrief.org/daily-brief/ca

The Guardian · Banks pumped more than $150bn in to companies running ‘carbon bomb’ projects in 2022By Ajit Niranjan

The 🌈 queers 🌈 are taking over, and we're here to save the economy!

The analysis does not state a specific reason for the connection only that the link is “fabulous”.

"""
Notably, however, we continued to find a direct relationship between GSP growth and LGBT representation when we controlled for employment growth, the unemployment rate, the median wage and the corporate tax rate. Moreover, we can say with 90% confidence that the relationship is statistically significant. The specific regression results show that a one percentage point increase in the LGBT representation ratio is associated with 0.5 percentage points of stronger GSP growth per annum between 2010 and 2019, everything else equal.
"""

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#LGBT #LGBTQIA #Economy #Research #WellsFargo #Gallup #TheHill

Article: thehill.com/changing-america/r

Research source: wellsfargo.bluematrix.com/link

Image source: news.gallup.com/poll/389792/lg