Latest in Companies Cut Diversity
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Meta and Amazon axe diversity initiatives joining US corporate rollback
The companies are among the latest major corporations to alter their diversity programmes since Trump's re-election.BBC News - 7h -
Wellema Hat Company Destroyed by Los Angeles Wildfires
The Wellema Hat Company was one of many local Los Angeles businesses destroyed by this week’s fires. Now its founders are figuring out how to — or even if they can — start over.The New York Times - 8h -
U.S. Companies Cut Diversity Efforts as Challenges Mount
At least six major U.S. companies modified their DEI policies last year.Inc. - 9h -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - 19h -
Meta ends diversity programs, joining McDonald's, Walmart and others
Meta confirms Axios report that the company is is axing its diversity, equity and inclusion efforts, including for hiring and training.CBS News - 10h -
Trump's tax-cut obstacle course
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...The Hill - 11h -
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 - 13h -
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 - 14h -
Media companies scrap streaming service Venu
ESPN, Fox and Warner Bros. Discovery announced Friday they were pulling the plug on the Venu Sports streaming service before it even started.ESPN - 14h -
Cutting out alcohol for "Dry January"
Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.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 -
How to Get Your Company Ready to Borrow in 2025
Here are some tips to make your loan applications go smoothly and quickly in the new year.Inc. - 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 -
Companies decline to drill in Alaska wildlife refuge
Click for the latest from The Hill {beacon} Energy & Environment Energy & Environment The Big Story Companies decline to drill in Alaska wildlife refuge Alaska on Wednesday sued the Biden ...The Hill - 2d -
As Bitcoin Booms, More and More Companies Are Taking a Stake
Businesses that have nothing to do with crypto still see BTC as a hedge against inflation or a way to entice investors.Inc. - 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 -
Bitcoin Is Luring More Companies and Their Cash
It is a sharp pivot away from the cautious approach of the traditional corporate treasury, normally charged with safeguarding cash rather than chasing higher returns.The New York Times - 2d -
Islamesque by Diana Darke review – the diverse roots of medieval architecture
A beautifully-illustrated account of the Middle Eastern influence on Europe’s great buildings. From Cairo to Istanbul, the ancient cities of the eastern Mediterranean tell a story of conquest, ...The Guardian - 3d -
Car companies have an infuriating software problem
Managing smooth updates is becoming ever more important with the spread of EVs and more sophisticated systemsFinancial Times - 3d -
House of Huawei — inside China’s ‘most powerful company’
Eva Dou’s authoritative account of the secretive tech company that has become a flashpoint in US-China relationsFinancial Times - 3d -
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Washington Post cutting 4 percent of workforce
The Washington Post plans to cut nearly 4 percent of its total workforce in the coming days, the company said Tuesday. A Post spokesperson said the cuts are part of plans to make larger changes ...The Hill - 3d -
Pentagon Labels More Chinese Companies as Military in Nature
Tencent was added to the Defense Department’s list of “Chinese military companies,” contributing to a selloff in U.S.-listed shares of the WeChat owner.The Wall Street Journal - 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 - 4d -
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 -
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 -
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 -
How to Build a Company Culture Employees Will Love
Inc. 5000 founders share hard-won lessons on fostering genuine connection and building a culture every employee will embrace.Inc. - Jan. 3 -
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Slovakia threatens to cut benefit for Ukrainians
A dispute between Slovakia and Ukraine over Russian natural gas transit has been escalating.BBC News - Jan. 2 -
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 -
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 -
Nominate a company for CNBC's 2025 Disruptor 50 list
CNBC is now accepting nominations for the 2025 Disruptor 50 list — our annual look at the most innovative venture-backed companies.CNBC - Jan. 2 -
Lions cut Jamal Adams from practice squad
The Lions are in desperate need of warm bodies on defense right now, but veteran safety Jamal Adams couldn't stick in Detroit.Yahoo Sports - Jan. 1 -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - Jan. 1 -
Business trends, risks and companies to watch in 2025
Will private credit reap benefits from deregulation, can the tech bubble keep inflating and will EV sales start to rise again?Financial Times - Jan. 1