New California reparations law requires companies to disclose past profits from slavery

A new California law mandates that large companies disclose any historical profits derived from slavery-related transactions.
Companies with more than $100 million in annual worldwide gross receipts will be required to search their records and submit sworn disclosures about slavery-related transactions.
READ NEXT
More on the wire
AI TLDR
A man has been arrested in connection with the August 23 drive-by shooting that killed Coast Guard Lt. Connor Overstreet in Seattle.
AI TLDR
A vegetation fire near Verdi, Nevada, has prompted officials to issue evacuation warnings for the area.
AI TLDR
California voters will decide on a $7.5 billion plan to create a state-funded science and health research agency, intended to operate independently of federal political influence.