At a time when colleges and universities across America are typically reflecting on the achievements and milestones of the prior semester, capped by a celebration of the accomplishments of another talented class of graduates, they are instead reflecting on one unlike any other.

In an effort to help mitigate the spread of COVID-19, presidents at institutions large and small had to send students home, shift to virtual instruction, and postpone commencement exercises. As they look to the fall semester, much more uncertainty lies ahead in the wake of likely state budget cuts, impacted endowments, and the decisions of current and prospective students who might reconsider their college choices. And, of course, college leaders continue to grapple with the implications of how to offer classes in the midst of a pandemic.

As leaders of the American Talent Initiative (ATI)—an alliance of 131 colleges and universities with graduation rates of at least 70% that have committed to ensuring the graduation of 50,000 additional lower-income students by 2025—we urge colleges and universities to meet the needs of low- and moderate-income students even as they chart an uncertain financial future. We issue this appeal with added urgency as the nation seeks to address issues …

As the COVID-19 outbreak battered Brooklyn in March, Beth and Ryan Carey decided to flee. The two educators and their toddler, Finn, drove nine hours south to stay with family in North Carolina. They have yet to return.

Like many others who left New York during pandemic, the Careys have discovered numerous upsides to leaving the city: a lower cost of living, ample space for Finn and their hound dog, Cash Money, to roam, a more leisurely pace of life. And since both can do their job remotely, the couple are tempted to leave the stresses of New York life behind for good.

But just because they may be ready to part ways with New York doesn’t mean the state is ready to part ways with them.

What is the ‘convenience rule’?

As it turns out, moving to another state—even one 500 miles away—doesn’t mean workers can escape the clutch of New York’s powerful tax collectors. The reason is a controversial tax policy, known as the “convenience rule,” which deems that those who work for a New York company are earning wages in the state even if they are telecommuting. In the view of the Albany tax gnomes, a move …

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Business leaders across the country are wrestling with how to reopen their offices and change operations as the virus continues to spread, according to executives who spoke at Fortune’s Future of Work webinar on Thursday.

“A lot of employment lawyers are going to have a field day with this puppy,’ said Ray Wang, principal analyst, founder, and chairman of Silicon Valley–based Constellation Research. To reduce risks to companies and workers’ health, Wang recommended giving employees choices and flexibility on when and how often they’ll be in the office.

Wang was joined in the discussion by director of the Wharton School’s Center for Human Resources Peter Cappelli; Domo founder and CEO Josh James; and Accenture chief leadership and human resources officer Ellyn Shook. The event was moderated by Fortune senior editor Kristen Bellstrom.

The speakers agreed that companies need to be cautious and listen to the evolving coronavirus findings coming from the health community. But it takes more than just smart return policies: It also requires transparency, Shook said. Accenture, she noted, has created a portal that …

Join Silicon Valley CEO coach and host of ‘The B-suite’ leadership podcast Barbara Shannon as she discusses how to find the right mentors and advisors as a new founder.

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Amazon has just taken its boldest step yet into self-driving vehicles, acquiring six-year-old start-up Zoox, the company announced Friday.

Amazon said the deal will help bring Zoox’s “vision of autonomous ride-hailing to reality.” Zoox will continue to operate as a standalone business within Amazon, with CEO Aicha Evans and Jesse Levinson, the company’s co-founder and CTO, continuing to lead the team, Amazon said. 

Terms of the deal weren’t disclosed, but the Financial Times previously reported that Amazon would pay more than $1.2 billion to acquire Zoox. An Amazon spokesperson declined to comment. 

“Zoox is working to imagine, invent, and design a world-class autonomous ride-hailing experience,” said Jeff Wilke, Amazon’s CEO of global consumer, in a statement. “Like Amazon, Zoox is passionate about innovation and about its customers, and we’re excited to help the talented Zoox team to bring their vision to reality in the years ahead.”

Shares of Amazon moved slightly higher following the news. 

It’s a large deal for Amazon, which acquired Whole Foods for $13.7 billion in 2017 but has otherwise generally made acquisitions of less than $1 billion. With regulators bearing down on Amazon’s every move because of its dominance in e-commerce and treatment of warehouse

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The racial wealth gap in the United States is staggering.

In 2016, white families had an average net worth of $171,000; Black families averaged a net worth of $17,150—almost exactly one-tenth of their white counterparts’. That divide can make all the difference in education, health care, professional opportunities, and more, studies show.

As the nation reckons with its treatment of Black people following the police killing of George Floyd, business leaders are examining ways to reduce the wealth gap amid the coronavirus pandemic that has contributed to a 41% decline in the number of Black business owners from February to April. White business owners, meanwhile, saw just a 17% decline during the same period.

This disparity was the topic of discussion at Thursday’s Fortune Bold virtual conference, in partnership with McKinsey & Co., and moderated by senior editor Ellen McGirt. Joining her was John Rogers, chairman, co-CEO, and chief investment officer of Ariel Investments, and Lareina Yee, senior partner and head of diversity and inclusion at McKinsey. The question at hand: How can businesses help reduce …