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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
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H&M Stores Trashed in Anti-Racism Protest

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January 13, 2018, 12:05 PM ET
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Two outlets of Swedish retailer Hennes & Mauritz AB in South Africa were trashed in an anti-racism protest by the opposition Economic Freedom Fighters party on Saturday, broadcaster eNCA reported.

The targeted stores are in shopping malls in Johannesburg’s financial district, Sandton, and the capital, Pretoria, eNCA reported on its website, showing pictures of mannequins and clothes scattered on the floor. This is part of a nationwide protest by the EFF against an ad for a child’s sweater which was seen as racist. Demonstrations were also taking place at other malls in the Gauteng province, eNCA said.

H&M this week pulled the garment in question from its stores and apologized. An image in its online store showed a black child modeling a hoodie with the text “coolest monkey in the jungle,” causing a social-media storm and prompting Canadian musician The Weeknd to end his collaboration with the Stockholm-based company.

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