Latest in The death of DEI is exaggerated, says fund manager targeting Starbucks and Nike
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Target says its holiday sales were better than expected — but its profits weren't
The big-box retailer's report indicates that deals and promotional events motivated shoppers.CNBC - 14h -
Why Costco Isn't Joining the Backlash Against DEI
The retail giant is swatting back at a conservative activist group, buoyed by loyal customers and staff.The Wall Street Journal - 1d -
Mavericks' Jason Kidd says referees were 'scared to death' to call goaltending on Pelicans' game-winning block
The league's Last Two Minute report confirmed the missed call, but Dallas isn't expected to file a formal protest about the game's outcomeCBS Sports - 9h -
FBI shuttered DEI office last month
The FBI shuttered its diversity, equity and inclusion (DEI) office last month, according to the law enforcement agency. “In recent weeks, the FBI took steps to close the Office of Diversity and ...The Hill - 9h -
The death of DEI is exaggerated, says fund manager targeting Starbucks and Nike
The creator of a fund designed to punish companies engaging in diversity, equity and inclusion activities says the Republican sweep hasn’t really deterred companies as much as has been suggested.MarketWatch - 16h -
Starbucks Reverses Its Open-Door Policy for Bathroom Use and Lounging
Starbucks said visitors to the coffee shops would be required to buy something in order to use the restroom or stay in the store, as the company’s new chief executive responded to a decline in sales.The New York Times - 21h -
Managers roll out record number of defence funds in Asia-Pacific
A total of 15 military-themed funds launched in the region in 2024 compared with just one in 2023Financial Times - 1d -
Pam Bondi claims justice department ‘targeted’ Trump but says she won’t pursue ‘political’ prosecutions – US politics live
Bondi facing senators as Kristi Noem, Marco Rubio and CIA pick John Ratcliffe also face confirmation hearings. Trump’s attorney general faces scrutiny at Senate hearing Who is Pam Bondi, ...The Guardian - 1d -
Mark Cuban Says Exceptional Leadership Comes Down to 4 Simple Words. Management Science Agrees
Find ways to ensure your goals as a leader also meet the goals of your employees, and great things inevitably happen.Inc. - 1d -
Estimated Gaza Toll May Have Missed 25,000 Deaths, Study Says
Analysis found that more than 64,000 Palestinians may have been killed by traumatic injury in the first nine months of the war.The New York Times - 2d -
How Skechers’ Business Model Built the Third-Best Selling Footwear Brand After Adidas and Nike
The L.A.-area company is on track to increase sales to $10 billion by 2026, using a product and marketing strategy focusing on consumers its giant rivals overlook.Inc. - 3d -
Apple’s Board of Directors Encourages DEI Program Retention
As companies slash DEI policies, Apple’s board wants investors to weigh an alternative.Inc. - 4d -
LA fires live updates: California death toll rises to 24 as Los Angeles fire chief says ready for strong winds
Eight of the dead found in Palisades fire zone and 16 in Eaton fire zone, medical examiner says, as forestry department warns of ‘critical fire weather’. Full story: stronger winds threaten ...The Guardian - 4d -
Why this fund manager is fighting higher inflation with dividend stocks
These high-quality, dividend-paying stocks in 3 sectors stand to benefit from rising prices.MarketWatch - 5d -
Meta cutting DEI team, programs in broad shift
Meta told employees Friday it will cut its diversity, equity and inclusion (DEI) team and roll back several related programs, marking another major shift in policy for the leading social media ...The Hill - 6d -
Gaza war death toll could be significantly higher, researchers say
A study in The Lancet suggests Gaza ministry of health figures over a nine-month period might be too low.BBC News - 6d -
Sources: Barça VP steps down over Nike deal
Barcelona vice president Juli Guiu has stepped down over discrepancies relating to the club's new deal with Nike, sources have confirmed to ESPN.ESPN - 6d -
California fires live updates: death toll likely to rise; Biden announces federal funding for fight against blazes
Robert Luna decries ‘unacceptable’ looting in fire-ravaged areas, while Palisades wildfire grows to nearly 20,000 acres. Full report: wildfires continue to rage in Los Angeles Visual ...The Guardian - Jan. 9 -
Top Fed official says central bank is ‘pretty close’ to meeting twin targets
Kansas City Fed chief Jeff Schmid calls for ‘gradual’ changes in monetary policyFinancial Times - Jan. 9 -
L.A. officials say looters targeting vulnerable communities will be held accountable
Los Angeles County public officials are vowing to crack down on people allegedly stealing from homes as devastating wildfires rip through the region, insisting that lawbreakers will face consequences.NBC News - Jan. 9 -
MAGA Is Blaming DEI for the California Wildfires
Rather than months without rain or the effects of climate change, figures like Elon Musk and Donald Trump Jr. are pointing to a familiar scapegoat as entire neighborhoods burn.Wired - Jan. 9 -
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Fund managers to warn FCA over US activist’s plans to shake up UK trusts
Saba Capital has taken stakes in seven trusts and called on investors to vote for changes to their boardsFinancial Times - Jan. 9 -
Biden Says He’s Considering Pre-emptive Pardons For Trump’s Potential Targets
The president hasn’t yet decided what he will do, he said, acknowledging that the makeup of Trump’s new administration could influence his decision.The New York Times - Jan. 8 -
Indian stocks will benefit from the Trump 2.0 era, portfolio manager says
Investors eyeing up firms with the potential to become the "blue chip companies of the future" should look to India, according to investor Kunal Desai.CNBC - Jan. 7 -
2024 Tried to Kill DEI. Could Costco Launch a Revival in 2025?
Conservative activists have successfully convinced companies such as McDonald’s and Walmart to shut down their DEI programs. Costco said no.Inc. - Jan. 7 -
Johnson says no cuts to Social Security and Medicare to fund Trump's agenda
House Speaker Mike Johnson said cuts to Social Security and Medicare won't be part of the legislative plan being worked out to fund President-elect Donald Trump's agenda.ABC News - Jan. 7 -
Death toll of Haiti gang violence rose to 5,600 in 2024, UN says
UN Human Rights Office adds that 2,200 were injured and nearly 1,500 kidnapped as international mission struggles. More than 5,600 people were reported killed in Haiti last year, the UN has said, ...The Guardian - Jan. 7 -
This fund manager forecast a 20% S&P 500 gain last year. Now he says cash is king.
Dan Niles, founder of Niles Investment Management, says the S&P could swing much higher or lower in 2025, and investors need to protect themselves.MarketWatch - Jan. 7 -
North Korea says it tested hypersonic intermediate-range missile aimed at remote Pacific targets
North Korea said Tuesday that its latest weapons test was a new hypersonic intermediate-range missile designed to strike remote targets in the Pacific.NBC News - Jan. 7 -
Aubrey Plaza says husband's death was an 'unimaginable tragedy'
Aubrey Plaza made a brief statement Monday on the death of her husband, Jeff Baena, at the age of 47 and asked for privacy.Los Angeles Times - Jan. 7 -
Target-date funds — the most popular 401(k) plan investment — don't work for everyone
Target-date funds are poised to capture about two-thirds of all 401(k) contributions by 2027. While they benefit many investors, others may see drawbacks.CNBC - Jan. 6 -
Ex-husband of The Vivienne says ‘heart is shattered’ after Drag Race star’s death
David Ludford pays emotional tribute, while UK show’s host RuPaul says the performer was ‘a lovely human being’. The ex-husband of the drag artist known as The Vivienne has said his “heart is ...The Guardian - Jan. 6 -
RuPaul says his heart is broken after The Vivienne's death
The Vivienne, who was 32 and won the first series of RuPaul's Drag Race UK, died over the weekend.BBC News - Jan. 6 -
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100% stocks for retirement? A new study says dump the 60/40 portfolio and target-date funds.
An all-equity portfolio, with a focus on international stocks, could be the key to maximizing retirement wealth, research suggests.MarketWatch - Jan. 4 -
Do stock holdings reflect individual risk preferences or the growing use of target-date funds?
I suspected most financial assets were in 401(k) plans and most 401(k) holdings were directed by target-date funds, but the data told a somewhat different story.MarketWatch - Jan. 4 -
The journalist, the manager, the fax machine and the hairdryer
Journalist Jonathan Northcroft tells Kelly Cates about his first experience of meeting Sir Alex Ferguson.BBC News - Jan. 2 -
Virginia man had weapons cache, used Biden photo for target practice, prosecutors say
He "expressed support for political assassinations," they said.ABC News - Jan. 1 -
Stoke appoint Robins as manager
Stoke City appoint former Coventry boss Mark Robins as their new manager on a three-and-a-half-year deal.BBC News - Jan. 1
