Profits, Not D.E.I., Are Why Companies Exist
An awkward truth has become evident in the first days of the Trump administration, as many firms mute their commitments to diversity and sustainability.
Read more at The New York Times
-
An Effective Treatment for Opioid Addiction Exists. Why Isn’t It Used More?
A drug called buprenorphine may be the best tool doctors have to fight the fentanyl crisis. Why hasn’t it been more widely adopted?The New York Times - 5d -
Rivian keeps promise on making a profit, but here’s why the stock is falling
Rivian Automotive Inc. makes good on its promise to get to its first quarterly gross profit and blows past Wall Street estimates for its sales.MarketWatch - 3d -
How the FDA's approval for food additives works, and why experts say a loophole allows companies to bypass it
Experts say that for decades, a legal loophole has allowed companies to include chemical additives that could be potentially dangerous to consumers' health.CNBC - 1d -
I’m Not Convinced Ethical Generative AI Currently Exists
WIRED’s advice columnist considers whether some AI tools are more ethical than others, and if developers can make AI wiser.Wired - 4d -
Evolve or Die: The Future of DEI Entrepreneurship in the Trump Era
Adaptability and values are salient hallmarks of diversity initiatives in the new polarized environment.Inc. - 2d -
Judge Blocks Trump Bid to Ban DEI
A Maryland judge said the DEI directives by Trump likely violate the First Amendment.Inc. - 2d -
Apple’s Vision Pro has a problem a year into its existence: Not enough apps
Apple said in August that the Vision Pro had 2,500 apps. According to one firm's analysis, fewer than 1,900 remain active.CNBC - 3d -
Block shares fall on profit, revenue miss
Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.CNBC - 4d -
Ignoring science for profit will have deadly consequences for America
We cannot sell out their climate future for the continued profits of powerful business interests.The Hill - 11h -
US judge temporarily blocks Trump’s anti-DEI purge
Adam Abeldon rules that president’s efforts to ban DEI programs likely violate first amendment of constitution. A federal judge in Maryland on Friday temporarily blocked Donald Trump from ...The Guardian - 3d -
Federal judge temporarily blocks Trump DEI executive orders
A federal judge has temporarily blocked parts of President Trump’s executive orders that sought to end the federal government’s backing of diversity, equity and inclusion (DEI) efforts. U.S. ...The Hill - 2d -
Judge blocks Trump administration from terminating DEI-related grants
The judge found the administration's mandate that grant recipients not engage in "equity-related" programs was too broad.NBC News - 2d -
Judge blocks Trump's executive order ending federal support for DEI programs
A federal judge has blocked a sweeping executive order from President Trump that sought to end government support for programs promoting diversity, equity and inclusion.CBS News - 3d -
Walmart shares drop as retailer says profit growth will slow
Walmart has factors that could work in its favor, including a growing online business and market share gains from higher-income shoppers.CNBC - 4d -
Videogame giants are spending more money but losing players — and profits
Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.MarketWatch - 2d -
Shein profits slump in fresh challenge to long-planned London IPO
Competition from Temu adds to pressure on fast-fashion group’s valuation as it seeks approval for UK listingFinancial Times - 1d -
Carmakers turn to new hybrid and petrol models to bolster profits
Investments continue in combustion and hybrid engine vehicles amid lengthy wait for EVs to become mainstreamFinancial Times - 1d -
Low-cost carrier FlyDubai sees record $611 million profit in 2024
The low-cost carrier FlyDubai says it earned a record-breaking profit of $611 million in 2024, buoyed by higher passenger numbers and lower fuel costsABC News - 11h -
Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of declines at more than half of the nearly 200 businesses it operates.The New York Times - 7h -
As banks retreat from DEI, Citi is making these changes to its diversity and hiring practices
Citigroup says it will no longer require “diverse slates of candidates and diverse panels of interviewers.”MarketWatch - 3d -
Need a New Roof Fast? This Company Can Help
Two industry outsiders say they’re the first to bring the roof-buying process online.Inc. - 3d -
Vladimir Putin prepares for return of western companies to Russia
President orders cabinet to give domestic producers preferential treatment as payback for sanctionsFinancial Times - 3d -
Russia Is Wooing Western Energy Companies, but Will They Return?
Industry experts say Western companies will need to weigh potential access to oil and gas riches against political risks and other hazards of doing business in Russia.The New York Times - 1d -
Companies are unprepared for new tax trade-off in 2025
As the Tax Cuts and Jobs Act is set to expire later this year, companies are preparing for potential trade wars and tariffs, and the White House is weighing a strategy that could include a tariff ...The Hill - 9h -
Technology Giants: Stop Bullying Companies Into Buying Agentic AI
Instead, develop an innovative product that relieves customer pain.Inc. - 4d -
Donald Trump halting anti-bribery laws will harm, not help US companies
President’s order means a race to the bottom rigged against US, argues anti-corruption watchdog Transparency International. Bribery is not a victimless crime. Stories listing the amount paid or the ...The Guardian - 3d -
The World Is in a Polyester Crisis. One Company Is Trying to Recycle a Way Out
The European company Reju may have developed the polyester recycling technology the textile industry needs. The question is whether the world is ready for it.Wired - 3d -
SEC will drop lawsuit against Coinbase, cryptocurrency company says
The Securities and Exchange Commission will drop its lawsuit against Coinbase pending approval, the cryptocurrency company said. In 2023, The U.S. alleged Coinbase was operating as an unregistered ...CBS News - 3d -
Top shale boss says US oil companies will not flock back to Russia
Harold Hamm warns executives will be wary of any peace deal between Trump and PutinFinancial Times - 2d -
Trump signs order protecting American companies from ‘overseas extortion’
President Trump issued a memo on Friday that seeks to protect American companies and innovators from what he called "overseas extortion," adding to a bevy of actions proposed in his first month in ...The Hill - 2d -
Stock splits tend to boost a company’s shares. Here’s how to find candidates.
Stock splits make companies more attractive investments and boost share prices. Here’s how to find likely candidates.MarketWatch - 2d -
Officials Are Fired at Traffic Safety Agency Investigating Musk’s Company
The National Highway Traffic Safety Administration has laid off 4 percent of its workers, a transportation official said. The agency has raised questions about crashes involving Tesla’s ...The New York Times - 1d -
Greenpeace says a pipeline company’s lawsuit threatens the organization’s future
A Texas pipeline company’s lawsuit accusing Greenpeace of defamation, disruptions and attacks during protests against the Dakota Access Pipeline goes to trial in North Dakota on Monday.NBC News - 16h -
Top tech companies turn to hydrogen and nuclear energy for AI data centers
Silicon Valley is looking at hydrogen and nuclear energy alternatives to meet the energy demands of the AI race.CNBC - 10h -
Bearded Bronx Bombers: Yankees Follow Other Companies Loosening Dress Codes
The team’s decision to repeal a half-century rule banning beards reflects widespread post-pandemic changes on attire and appearance across U.S. businesses.Inc. - 9h -
Antivirus software company ordered to pay customer $16.5M: How to file a claim
Millions of American consumers who bought antivirus software from Avast may be eligible to receive a portion of a $16.5 million settlement, the Federal Trade Commission (FTC) announced Monday.The Hill - 1h -
Why the Texas measles outbreak was ‘inevitable’
An outbreak of measles is wreaking havoc in the South Plains region of Texas where nearly 60 children have been confirmed to be infected so far. Physicians in the state say the current situation ...The Hill - 3d -
Prebiotic sodas: What are they, and why are they everywhere?
The prebiotic soda market has grown so much, even Coca-Cola is getting in on it.The Hill - 1d -
Why CFPB is being targeted by Trump
The fired head of the Consumer Financial Protection Bureau said he sees the attack against the agency as "suspicious."CBS News - 1d
More from The New York Times
-
Why American Businesses Aren’t Raring to Get Back Into Russia
The White House promised “incredible opportunities” if Moscow ended the war in Ukraine. But Russia’s economy is struggling and the business environment is unpredictable.The New York Times - 11h -
Trump and Paramount Seek Mediator for CBS News Lawsuit
The move is another indicator that the two sides are exploring ways to resolve the case, over the editing of a “60 Minutes” interview, out of court.The New York Times - 28m -
Starbucks to Lay Off 1,100 Corporate Workers
The jobs cuts, which will affect about 7 percent of the chain’s non-retail staff, are part of its new chief executive’s plan to win back customers.The New York Times - 3h -
Crypto Trader OKX Pleads Guilty to Running Illegal U.S. Operation
Federal prosecutors said OKX, based in Seychelles, violated anti-money laundering laws for years. The company agreed to pay more than $500 million in fines and penalties.The New York Times - 42m -
Delta Flight Makes Emergency Landing After ‘Possible Smoke’ in Plane, F.A.A. Says
Flight 876 returned to Hartsfield-Jackson Atlanta International Airport on Monday after the crew reported seeing haze in the flight deck.The New York Times - 2h
More in Business
-
Hims & Hers offers upbeat forecast, but stock slides after hours
Telehealth and wellness platform Hims & Hers on Monday offered a revenue outlook for the year ahead that topped Wall Street’s expectations, but shares fell hard in after-hours trading, in an echo ...MarketWatch - 23m -
Bank of Korea cuts rates to lowest since August 2022 to boost sluggish growth
The Bank of Korea cut rates to 2.75% from 3%, in line with expectations from economists polled by Reuters, trimming rates for the third time in four meetings.CNBC - 27m -
Trump and Paramount Seek Mediator for CBS News Lawsuit
The move is another indicator that the two sides are exploring ways to resolve the case, over the editing of a “60 Minutes” interview, out of court.The New York Times - 28m -
Chegg sues Google for hurting traffic with AI as it considers strategic alternatives
The online education company has tapped Goldman Sachs as it studies options such as going private or getting acquired.CNBC - 28m -
Crypto Trader OKX Pleads Guilty to Running Illegal U.S. Operation
Federal prosecutors said OKX, based in Seychelles, violated anti-money laundering laws for years. The company agreed to pay more than $500 million in fines and penalties.The New York Times - 42m