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A new complaint filed Friday by the U.S. Department of Housing and Urban Development (HUD) accuses Facebook of helping landlords and home sellers violate the Fair Housing Act. According to the grievance filed by the department, Facebook’s ad settings let sellers disregard laws by targeting specific demographics. HUD says that the ability to tailor Facebook advertisements to bar individuals of a certain race, religion, sex, national origin and various other categories is a clear violation of the rule, which was enacted as part of the 1968 Civil Rights Act.
Despite past efforts, Facebook hasn't avoided federal-level trouble over allegations it enabled discriminatory housing ads. The Department of Housing and Urban Development has officially filed a complaint against Facebook, accusing the social network of violating the Fair Housing Act. HUD claimed that Facebook's ad personalization let advertisers redline ZIP codes and exclude people based on gender, race, religion, accessibility, national origins and even parental status.
The cover story in this weekend's Barron's examines how blockchain technology is beginning to show promise. Other featured articles include income picks from top advisors and five standout dividend picks. ...
Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included social media and video streaming giants this past week. Bearish calls included another social media ...
Best Buy Co Inc. shares rose Thursday as analysts cheered the news of its acquisition of San Diego-based GreatCall, a health technology company that focuses on the elderly.
Cisco Systems Inc. revenue has grown for three quarters in a row, and guidance issued Wednesday indicated that the networking giant that its return to growth may be more sustainable.
Ford is working on several initiatives to boost profit and cash flow, enabling the company to sustain its high dividend. They would all have to fail for Ford's dividend to be in jeopardy.
Inc. have surged this year, driving the stock market higher but also pushing valuations to what some investors consider worrisome levels. The valuation of the average stock in the S&P 500 is now in the 97th percentile of historical levels, according to Goldman Sachs Group Inc., which analyzed 40 years of market pricing and valuation data. The valuation level is thanks in large part to the rise of highflying tech stocks.
Tesla Inc. Chief Executive Officer Elon Musk, responding to Uber Technologies Inc. board member Arianna Huffington urging him to change the way he works, ruled out taking a different approach. Ford & Tesla are the only 2 American car companies to avoid bankruptcy.