Procter & Gamble appoints Shailesh Jejurikar as the global COO

Procter & Gamble (P&G) on Friday announced the appointment of Shailesh Jejurikar as the global Chief Operating Officer (COO), making him the first Indian to do so.
This is in line with the change at the Chief Executive Officer level with Jon Moeller taking over from David Taylor.
“In October, Shailesh Jejurikar will become P&G’s Chief Operating Officer (COO). As COO, Shailesh will have profit/loss responsibility for P&G’s Enterprise Markets (Latin America, India, Middle East, Africa, Southeast Asia, and Eastern Europe),” P&G said in a statement.
He will also lead Information Technology, Global Business Services, Sales, Market Operations, New Business, Purchasing, Manufacturing, and Distribution efforts for the company, the company added.
Currently, Shailesh is the Chief Executive Officer of Procter & Gamble’s largest business sector, Fabric and Home Care, which includes brands such as Tide, Ariel, Downy, Gain, Febreze, Swifferand represents about one-third of ..

Congress fails to extend federal eviction moratorium – which ends after July 31 – before going on recess

A woman walks past a wall in Los Angeles that has graffiti reading "Forgive Our Rent"
The national eviction ban ends on July 31, 2021.

  • The House of Representatives on Friday failed to extend the CDC’s federal eviction moratorium.
  • House leaders brought an extension up for a unanimous consent vote, which at least one member objected to.
  • House members left for their August recess, and the moratorium expires after tomorrow, affecting millions.
  • See more stories on Insider’s business page.

The House of Representatives failed to pass a bill on Friday that would have extended the Center for Disease Control and Prevention’s eviction moratorium, which had been in place since September 2020 due to the COVID-19 pandemic and is set to expire after Saturday, July 31, 2021.

Majority Leader Steny Hoyer brought up the legislation to be voted on by unanimous consent, which was blocked by Republican members of the House.

After the bill failed, Pelosi, Hoyer, and House Majority whip Rep. James Clyburn wrote a statement expressing their disappointment.

“It is extremely disappointing that House and Senate Republicans have refused to work with us on this issue,” they wrote after the vote. “We strongly urge them to reconsider their opposition to helping millions of Americans and instead join with us to help renters and landlords hit hardest by the pandemic and prevent a nationwide eviction crisis.”

But others in the Democratic party were critical of their own leadership for not doing enough to extend the moratorium. The House has now entered its August recess, potentially until September 20, 2021, while the moratorium expires tomorrow night.

Rep. Maxine Waters, a Democrat from California, who had introduced the extension bill and told reporters, “I just thought we should’ve fought harder.”

Pelosi emailed House Democrats early in the day asking them to support the bill, and progressive members of the Democratic Party spent Friday urging their colleagues to sign onto the bill.

“I’m urging you to please hear me out on this issue because as a formerly unhoused Congresswoman, I have been evicted three times myself,” Missouri Rep. Cori Bush wrote in a letter to her House colleagues. “…If Congress does not act now, the fallout of the eviction crisis will undoubtedly set us backwards as the COVID-19 pandemic continues to ravish our communities – needlessly contributing to more death and suffering.”

Rep. Alexandria Ocasio-Cortez tweeted that she and Rep. Cori Bush, “tried to object to the House adjourning session and force a roll call on whether we should leave,” claiming, “They rushed to adjourn before we could get to the floor.”

The House is scheduled to reconvene in September, pending any “significant legislation” that could call them into session sooner, which Rep. Hoyer suggested could happen after the failed vote on Friday.

The failure to extend the eviction moratorium came after the White House, at the eleventh hour, asked Congress to enact legislation pertaining to the matter, saying his administration would have “strongly supported” the decision to renew the ban but claimed to be unable to do so citing a ruling from the Supreme Court.

“In June, when CDC extended the eviction moratorium until July 31st, the Supreme Court’s ruling stated that ‘clear and specific congressional authorization (via new legislation) would be necessary for the CDC to extend the moratorium past July 31,'” White House Press Secretary Jen Psaki said in a statement.

On the House floor on Friday evening, Rep. Steny Hoyer, a Democrat from Maryland, asked for unanimous consent on extending the eviction moratorium before the House adjourned ahead of the deadline at the end of July. The vote failed upon one objection, and the House will reconvene next Tuesday.

“Their statement hit us totally out of the blue, nobody was expecting it,” a House Democratic aide granted anonymity to speak candidly told Insider. “Just didn’t leave enough time.”

Around 6 million Americans are at risk of getting evicted in the coming months, or 16% of all renters, per Census Pulse Survey Data, after the moratorium expires on July 31.

Read the original article on Business Insider

Biden rips states for sitting on billions in rental aid as he lets eviction ban end

Joe Biden
President Joe Biden.

  • President Biden ripped state leaders for sitting on rental aid for landlords and tenants impacted by the pandemic.
  • Earlier this week, he called on Congress to extend the eviction moratorium – several days before the federal ban was set to expire.
  • Rep. Hoyer asked for unanimous consent to extend the ban, which failed, and the House adjourned.
  • See more stories on Insider’s business page.

President Joe Biden slammed state leaders Friday for sitting on billions in rental aid as the eviction moratorium is set to expire on Saturday.

Biden called on state and local governments to disperse the Emergency Rental Assistance funding they received in February.

“Five months later, with localities across the nation showing that they can deliver funds effectively – there can be no excuse for any state or locality not accelerating funds to landlords and tenants that have been hurt during this pandemic,” Biden said in a statement.

“Every state and local government must get these funds out to ensure we prevent every eviction we can,” Biden continued.

Lawmakers have been shifting the responsibility of letting the moratorium lapse.

Earlier this week, the president called on Congress to extend the eviction ban just days before the moratorium was set to expire, saying his administration would have “strongly supported” the decision to renew the ban but claimed to be unable to do so citing a ruling from the Supreme Court.

“In June, when CDC extended the eviction moratorium until July 31st, the Supreme Court’s ruling stated that ‘clear and specific congressional authorization (via new legislation) would be necessary for the CDC to extend the moratorium past July 31,'” White House Press Secretary Jen Psaki said in a statement.

According to Washington Post reporter Seung Min Kim, when she asked “why the administration waited until this week to push this to Congress – the White House insisted it had been ‘having conversations with Congress for some time about this.'”

However, a House Democratic aide, granted anonymity to speak candidly, told Insider that the White House statement on Thursday “just didn’t leave enough time.”

“Their statement hit us totally out of the blue, nobody was expecting it,” the aide said.

On the House floor on Friday evening, House Speaker Nancy Pelosi and House Majority Leader Steny Hoyer, a Democrat from Maryland, asked for unanimous consent on extending the eviction moratorium before the House adjourned ahead of the deadline at the end of July.

The vote failed upon one objection, and the House is scheduled to reconvene until late September, pending any “significant legislation” that could call them into session sooner.

After the bill failed, Pelosi, Hoyer and House Majority whip Rep. James Clyburn wrote a statement expressing their disappointment. Earlier in the week and as late as Thursday, members of the House reportedly believed that the White House would extend the moratorium on it’s own.

“It is extremely disappointing that House and Senate Republicans have refused to work with us on this issue,” they wrote after the vote. “We strongly urge them to reconsider their opposition to helping millions of Americans and instead join with us to help renters and landlords hit hardest by the pandemic and prevent a nationwide eviction crisis.”

Rep. Alexandria Ocasio-Cortez tweeted that her and Rep. Cori Bush, ” tried to object to the House adjourning session and force a roll call on whether we should leave.”

“They rushed to adjourn before we could get to the floor,” she wrote.

Around 6 million Americans are at risk of getting evicted in the coming months, or 16% of all renters, per Census Pulse Survey Data, after the moratorium expires on July 31.

Read the original article on Business Insider