The Daily Money: Update your iPhone15 now; big business urges Biden to weigh in on DEI
Happy Friday! It’s Bailey Schulz with the day’s top headlines.
If you bought any of the new iPhones – the iPhone 15, iPhone 15 Plus, iPhone 15 Pro or iPhone 15 Pro Max – you should update the operating system immediately.
Apple issued another emergency iPhone update to patch critical vulnerabilities just days after the splashy release of its latest operating system.
Devices affected by the security vulnerabilities are iPhone XS and later, iPad Pro 12.9-inch 2nd generation and later, iPad Pro 10.5-inch, iPad Pro 11-inch 1st generation and later, iPad Air 3rd generation and later, iPad 6th generation and later, iPad mini 5th generation and later.
Big business wants Biden to weigh in on DEI
Conservative activists have seized on the high court ruling that struck down affirmative action in higher education, arguing it raises fundamental issues about how corporate America addresses workplace inequality. Since then, the nation has seen an uptick in legal challenges to DEI programs, and Republican state attorneys general have warned large employers like Microsoft and Walmart against race-conscious practices in hiring and contracting.
The ruling has prompted some companies to retreat from public targets for racial diversity in their executive ranks and from leadership training programs geared to underrepresented groups. Others are removing “diversity” from job titles.
The Chamber of Progress, a tech industry trade group, is now asking the Justice Department’s civil rights division to weigh in.
“As Republican attorneys general take their legal fight against diversity and inclusion to the private sector, American companies face a similar need for affirmation of their legal right to build an inclusive and diverse workforce,” the Chamber of Progress wrote to the Department of Justice.
Paste BN research shows that the top ranks of America’s largest corporations are still predominantly white and male. At the same time, women and people of color are concentrated at the lowest levels with less pay, fewer perks and rare opportunities for advancement. Despite pledges to improve racial equity following George Floyd’s murder in 2020, little progress has been made.
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📅 Weekend plans 📅
Are you still trying to figure out how to make the best of this weekend?
If you’re a nature lover, you can enter all 425 sites within the National Park System with free entry on Saturday for National Public Lands Day. The day is also the biggest of the year for volunteering at parks and public lands, with over 70,000 volunteers expected to chip in on service projects across the country.
About The Daily Money
Each weekday, The Daily Money delivers the best consumer news from Paste BN. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.