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Apple Taps Minority Firms in Bond Deal

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The expected smartwatch will be the first brand-new product line unveiled under Apple’s chief, Tim Cook, who took the helm from Steve Jobs nearly three years ago. (AP Photo)

The expected smartwatch will be the first brand-new product line unveiled under Apple’s chief, Tim Cook, who took the helm from Steve Jobs nearly three years ago. (AP Photo)

SAN FRANCISCO (USA Today) — When Apple sold $6.5 billion in bonds on Monday, the technology giant did something else behind the scenes: It tapped two minority financial services firms to take part in the debt offering.

“We’re proud to have a range of banks participate in our recent debt offering, including two well-respected minority-owned companies, Williams Capital and Ramirez & Co.,” said Apple spokeswoman Kristin Huguet.

The firms are two of six co-managers on the deal.

The Rev. Jesse Jackson says this marks the first time that an African American-owned firm and a Latino-owned firm were included in a debt offering from the world’s most valuable company.

Jackson and his Rainbow PUSH Coalition have been pressing Apple and other technology companies to increase diversity, not just in their employee ranks, but among their suppliers as well.

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Oakland Post: Week of November 13 – 19, 2024

The printed Weekly Edition of the Oakland Post: Week of November 13 – 19, 2024

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LIVE! — TOWN HALL ON RACISM AND ITS IMPACT — THURS. 11.14.24 5PM PST

Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024, 5 p.m. – 6:30 p.m. PST

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Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024
5 p.m. – 6:30 p.m. PST

Discussion Topics:
• Since the pandemic, what battles have the NAACP fought nationally, and how have they impacted us locally?
• What trends are you seeing concerning Racism? Is it more covert or overt?
• What are the top 5 issues resulting from racism in our communities?
• How do racial and other types of discrimination impact local communities?
• What are the most effective ways our community can combat racism and hate?

Your questions and comments will be shared LIVE with the moderators and viewers during the broadcast.

STREAMED LIVE!
FACEBOOK: facebook.com/PostNewsGroup
YOUTUBE: youtube.com/blackpressusatv
X: twitter.com/blackpressusa

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Oakland Post: Week of November 6 – 12, 2024

The printed Weekly Edition of the Oakland Post: Week of November 6 – 12, 2024

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