Latest in U.S. Companies Cut Diversity Efforts as Challenges Mount
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U.S. Companies Cut Diversity Efforts as Challenges Mount
At least six major U.S. companies modified their DEI policies last year.Inc. - 6h -
U.S. Efforts to Cut Emissions Stalled in 2024 as Power Demand Surged
After staying flat for nearly two decades, electricity use is starting to rise again, and the boom in wind and solar power hasn’t kept pace.The New York Times - 1d -
Tilray’s stock slumps as cannabis and beer company plans to cut its drinks lineup
Tilray Brands’ stock fell Friday after the beer and cannabis company said it expects a $20 million impact on its full-year revenue as it embarks on a cost-cutting plan that will reduce the number ...MarketWatch - 10h -
The best way to build diverse and inclusive companies is through culture design
“Culture” has become a nebulous buzzword for businesses. But when culture is properly designed, it’s the key to high-functioning operations.The Hill - 11h -
Questions mount over budget cuts made ahead of L.A.-area wildfires
Los Angeles city leaders are facing mounting questions over whether the city was prepared as the wildfires, including the Palisades Fire, broke out. L.A. Mayor Karen Bass is also facing criticism ...CBS News - 15h -
Wildfire emergency relief efforts underway
Southern California wildfires have killed at least 5 people, forced tens of thousands to evacuate and burned several thousand structures. CBS News correspondent Tom Hanson reports on an emergency ...CBS News - 1d -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - 1d -
U.S. companies will need to increase their hedges against a stronger dollar in 2025, says Bank of America
A surging buck can crimp multinational’s profitsMarketWatch - 1d -
Black British entrepreneurs find new ways to land funding as diversity efforts are scrapped
In 2018 Black founders secured just 0.23% of venture funds, according to data from Extend Ventures.CNBC - 1d -
Asia's central banks face a formidable challenge: An ascendant U.S. dollar
A surge in the dollar has sent Asian currencies reeling, stoking worries over imported inflation and prompting some central banks to intervene in the currency market.CNBC - 2d -
Ryanair sues 'unruly' passenger over flight diversion
The airline hopes to claw back costs in damages over behaviour it says forced a plane to land early.BBC News - 2d -
Urgency mounts in search for powerful Tibet earthquake survivors
Over 400 people trapped by rubble in earthquake-stricken Tibet were rescued, Chinese officials said on Wednesday, with an unknown number still unaccountedNBC News - 2d -
3 reasons Trump keeps floating U.S. control of Greenland — including one tied to tax cuts
Here’s why President-elect Donald Trump keeps talking about one idea from his first term in office — getting control of Greenland, the giant territory controlled by Denmark.MarketWatch - 2d -
LGBTQ rights group reports progress at U.S. companies despite conservative backlash
The HRC said that more companies are providing strong benefits and protections to LGBTQ employees despite conservative backlash in recent years.NBC News - 3d -
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.CBS News - 3d -
U.S. Defense Department bans Tencent and other Chinese companies
Washington seeks to restrict sharing of advanced technology, deeming it a threat to national security.CBS News - 3d -
China’s biggest football club kicked out of league as financial woes mount
Guangzhou FC’s struggles relate to collapse of property developer China EvergrandeFinancial Times - 3d -
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Deadly earthquake shakes Tibet region of western China near Mount Everest
A deadly earthquake struck near the city of Shigatse in Tibet region and was felt in neighboring Nepal and India. The epicenter was in a remote high-altitude region about 50 miles northeast of ...NBC News - 3d -
U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.The New York Times - 3d -
Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company
Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.CNBC - 3d -
Dungeons & Dragons shows that modish guff doesn’t serve diversity and inclusion
Tweaks to the cult game’s rule book are an object lesson in how not to promote changeFinancial Times - 4d -
McDonald's says it is rolling back some of its diversity practices
McDonald's joins other major corporations in unwinding its diversity, equity and inclusion efforts.CBS News - 4d -
U.S. Steel, Nippon Steel Challenge Biden's Move to Kill $14.1 Billion Deal
The companies accuse the president, head of steelworkers union and Cleveland-Cliffs CEO of teaming up to block the transaction.The Wall Street Journal - 4d -
McDonald's rolls back diversity goals
Fast food giant McDonald’s has become the latest company to roll back diversity, equity and inclusion (DEI) commitments following the Supreme Court’s 2023 decision ending affirmative action in ...The Hill - 4d -
McDonald's is the latest company to roll back diversity goals
Four years after launching a push for more diversity in its ranks, McDonald’s is ending some of its diversity practices, citing a U.S.NBC News - 4d -
Boardroom Diversity Stalls in the Face of Conservative Backlash
Observers say the surge of inquiries about diverse candidates has dropped sharply as anti-DEI activists keep up their efforts.Inc. - 4d -
South Korea crisis mounts as clock ticks on arrest warrant for president
Anti-corruption agency taps police to bring Yoon Suk Yeol into custody following stand-off on FridayFinancial Times - 4d -
Jeju Air’s Problems Mount After Crash of Flight 7C2216
South Korea’s leading low-cost carrier, heavy with debt and its stock already near record lows, is now facing intense public and government scrutiny.The New York Times - 5d -
Israel’s Military Pounds Gaza as Pressure Mounts for Cease-fire
Gaza’s health ministry said that 88 people had been killed over the past day. Israeli and Hamas officials have been holding indirect cease-fire talks via mediators in Qatar.The New York Times - 5d -
The Trump Administration May Find It Can’t Do Without Diversity
Diversity was a virtue in the Biden administration. The Trump administration may discover the same thing.The New York Times - 6d -
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.The New York Times - Jan. 3 -
China’s central bank plans policy overhaul as pressure mounts on economy
People’s Bank of China will start to behave more like US Fed in using one main interest rate to steer demand for creditFinancial Times - Jan. 3 -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - Jan. 2 -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - Jan. 2 -
How a cosmetology school is teaching students to care for diverse hair and skin
Nubiah Taylor, founder of Taylor'd Cosmetology School in Minneapolis, is teaching students how to care for melanated skin while providing a space for aspiring beauty professionals to thrive.CBS News - Jan. 2 -
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U.S. Companies Vouched for China During Trump's First Term. Not Anymore.
American companies have largely gone silent about the importance of the U.S.-China relationship—they no longer see China as the land of opportunity.The Wall Street Journal - Jan. 2
