Nike is under investigation by the U.S. government over allegations of discrimination against white workers. The Equal Employment Opportunity Commission (EEOC) announced Wednesday it has demanded company records dating back to 2018, including data on race and ethnicity and whether that information influenced executive pay, according to BBC Business.
The EEOC is examining claims that Nike engaged "in a pattern or practice of disparate treatment against white employees, applicants, and training program participants," court documents show, as reported by BBC Business. The investigation was initiated on Wednesday.
Nike stated it was "committed to fair and lawful employment practices," calling the EEOC inquiry "a surprising and unusual request," according to BBC Business. The company said it would cooperate with the investigation.
In other business news, Elon Musk's SpaceX is taking over his artificial intelligence (AI) start-up, xAI, according to BBC Technology. SpaceX confirmed the deal to acquire xAI, known for its Grok chatbot, by posting a memo from Musk about the merger on its website. A source familiar with the deal told BBC Technology that it valued xAI at $125 billion and SpaceX at $1 trillion, potentially making it the most valuable private company ever. Musk said the combination would form an "innovation engine" putting AI, rockets, space-based internet, and media under one roof, according to BBC Technology.
Meanwhile, the last nuclear weapons control treaty between the U.S. and Russia, known as "New START," is due to expire on Thursday, raising fears of a new arms race, according to BBC World. Signed in 2010, the treaty capped the number of deployed strategic nuclear warheads for each party to 1,550. It also established transparency measures, including data transfer, notifications, and on-site inspections. The treaty's expiry effectively marks an end to a series of agreements designed to help prevent a catastrophic nuclear war, according to BBC World.
In sports news, Chris Paul, the veteran point guard, is heading to the Toronto Raptors as part of a three-team deal involving the Los Angeles Clippers and the Brooklyn Nets, according to Fox News. This marks the eighth NBA team for the future Hall of Famer.
The Washington Post is eliminating its sports department, according to the NY Times. Don Graham, whose family owned The Washington Post for 80 years, published a eulogy for the department after learning of the decision by Jeff Bezos. Matt Murray, The Post’s executive editor, acknowledged the department would be closed in a videoconference with employees on Wednesday morning, according to the NY Times.
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