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Here are the companies observing Juneteenth this year

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A pedestrian walks past an advertisement for Nike.

Dhiraj Singh | Bloomberg | Getty Images

Multiple companies have announced that they will either honor or recognize Juneteenth as a paid holiday for their employees this year, as a sign of support for the Black community.

Juneteenth, a blend of the words June and nineteenth, honors the end of slavery in the United States. Celebrated on June 19, it marks the day in 1865 that Maj. Gen. Gordon Granger of the Union Army landed in Galveston, Texas, and informed slaves there that the Civil War had ended and slavery was abolished.

To honor the holiday, some companies are giving employees a paid day off while others, like General Motors, are…



Source cnbc.com

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