|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's range||146.51 - 151.48|
|52-week range||76.60 - 173.72|
|Beta (3Y monthly)||2.49|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
When Bank of America Corp held its annual meeting in April, activists insisted it stop financing private prison companies. On Wednesday, Bank of America did exactly that, distancing itself from a sector that has triggered protests over its links to the Trump administration's immigration policy and concerns about detention centre conditions. Hector Vaca, one of the activists at the April annual meeting, declared victory.
Wayfair this week found itself squarely in the crosshairs of the fiercest political controversy of the moment: border detention camps.
HHS spokeswoman Evelyn Stauff says it's "working tirelessly" to expand shelter capacity for detained children.
Wayfair employees generated widespread support for its protest against the furniture e-commerce retailer’s business dealings with the government and its contractors to furnish migrant detention centers.
In the letter, the workers protested the online retailer’s sale of furniture to camps that detains asylum seekers at the U.S.’s southern border. The letter said that Wayfair (ticker: W) sold $200,000 of bedroom furniture that will outfit a detention center for as many as 3,000 children. The workers asked that Wayfair stop business with those contractors, and create a code of ethics for sales.
Online home goods retailer Wayfair sold roughly 1,600 mattresses and 100 bunk beds to Baptist Child and Family Services, a nonprofit that works as a federal contractor managing some of the camps along the southern border.
Wayfair employees walked out of the company's headquarters and some customers called for a boycott over the apparent sale of $200,000 of mattresses and bunk beds destined for a Texas detention camp for migrant children.
Some employees of the online furniture and home-furnishings retailer are planning to protest sales to outfit a migrant detention camp and to make Wayfair create a code of ethics for B2B sales.
A Twitter account under the handle @wayfairwalkout, created this month with a following of more than 13,000 including high-profile Democratic U.S. Representative Alexandria Ocasio-Cortez, called for the work stop on Wednesday. Wayfair, headquartered in Boston, did not immediately respond to a request for comment. The @wayfairwalkout account referred Reuters to the company and Reuters was not able to confirm it was created by Wayfair employees.
Wayfair employees plan to walk out tomorrow, after no action was taken in response to their opposition to the company supplying border detention camps with beds for children.
In an interview with Cheddar TV, IPO Edge Editor-in-Chief John Jannarone lays out the bull case for online pet supply heavyweight Chewy, which begins trading Friday after pricing at $22 a share Thursday night. The company and Amazon have roughly equal market share but Chewy is likely to take the lead thanks to its emphasis on customer service that's […]
Niraj Shah became the CEO of Wayfair Inc. (NYSE:W) in 1970. First, this article will compare CEO compensation with...