Biden nominates 3 for Fed board, including first Black woman
President Joe Biden nominated three people for the Federal Reserve’s Board of Governors, including Sarah Bloom Raskin, a former Fed and Treasury official, for the top regulatory slot and Lisa Cook, who would be the first Black woman to serve on the board.
Marc Benioff says CEOs must do more
Getty(CNN) - The old adage from Nobel Prize-winning economist Milton Friedman that "the business of business is business" is dead, says Salesforce CEO Marc Benioff. Stakeholders aren't just those who invest in the company, Benioff says, but those in the surrounding community and beyond. But Salesforce, Benioff claims, is already following that model. You cannot wash your hands of your responsibility to the public schools or to the homeless or to whoever," Benioff said. "This is a time where tech CEOs are really confronted with some extremely difficult situations," Benioff said.