Loop Capital’s Jim Reynolds on diversifying his workforce


Loop Capital Chairman and CEO Jim Reynolds told CNBC on Thursday that building a diverse team has not been a challenge for the Chicago-based investment bank. 

“I have found it so amazingly easy to recruit minority candidates — African American, women — and promote them very easily because I focus on talent,” Reynolds said on “Halftime Report.” “And the talent really comes through.” 

Reynolds’ comments come as the U.S. experiences widespread protests around racial inequality and police brutality, following the killings of Black Americans such as George Floyd, Ahmaud Arbery and Breonna Taylor.

Leaders across corporate America, including those on

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Bar owners reckon with costly stop and starts as states close them down again


People stand in queue to enter a restaurant on Ocean Drive in Miami Beach, Florida on June 26, 2020.

Chandan Khanna | AFP | Getty Images

The list keeps getting longer. 

Governors in Michigan, Florida, Texas, California, Colorado and Arizona are closing thousands of bars again ahead of the Fourth of July weekend as Covid-19 cases in those states surge. 

For bar owners, the rollbacks have sown confusion and stress, and threaten the survival of their businesses. Many spent their much-needed cash to reopen, only to close again days or weeks later. 

“The stop and start costs thousands of dollars

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American Airlines says it’s overstaffed by 20,000 employees for fall schedule


An airline employee walks past empty American Airlines check-in terminals at Ronald Reagan Washington National Airport in Arlington, Virginia, on May 12, 2020.


American Airlines on Thursday told staff it has more than 20,000 employees it doesn’t need for its reduced fall schedule as the carrier and its competitors face weak demand for air travel during the coronavirus pandemic.

The Fort Worth, Texas-based carrier and other U.S. airlines are urging employees to take buyouts or early retirement options to reduce head count before turning to involuntary measures like layoffs. 

U.S. carriers are prohibited from laying off or cutting

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Researchers find neurological damage in four children with coronavirus inflammatory syndrome


Justin Paget | Getty Images

Children diagnosed with Covid-19 pediatric multisystem inflammatory syndrome, or PMIS, may develop new neurological problems without any of the respiratory issues commonly associated with the virus, according to a study published Wednesday in the Journal of the American Medical Association. 

Researchers examined 27 children with Covid-19 PMIS, who were previously healthy, between March 1 and May 8 at Great Ormond Street Hospital for Children in London, England. They found that of the 27 patients, four experienced new neurological symptoms.

Symptoms included impaired brain function, headaches, brainstem and cerebellar issues, muscle weakness and reduced reflexes. All

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