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Walmart cuts DEI

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Walmart rolls back DEI policies under pressure Walmart will roll back diversity, ...

Politics - The Hill - 15 hours ago

U.S. Workers Might Be Souring on DEI

According to a new survey from the Pew Research Center, U.S. workers are feeling “slightly more negative” about DEI efforts compared with last year.

Business - Inc. - 6 days ago

Walmart rolls back DEI policies

Walmart is set to roll back diversity, equity and inclusion (DEI) policies nationwide, according to conservative activist Robby Starbuck, who said the company changed direction after talks last ...

Politics - The Hill - 20 hours ago

Does Changing the Language of DEI Protect Companies?

Many executives have changed – or are changing — their language around DEI efforts. But one expert says these changes aren’t likely to provide any legal protection.

Business - Inc. - October 28

The Anti-DEI Influencer Waging War on Lowe’s and Ford

From his home in Tennessee, the social media rabble-rouser Robby Starbuck is waging war on “woke” policies at places like Lowe’s and Ford. His timing is impeccable.

Business - The New York Times - November 1

Crockett lays into Republicans claiming oppression over DEI

Rep. Jasmine Crockett (D-Texas) blasted Republicans who said diversity, equity and inclusion (DEI) efforts were oppressing white Americans. During a markup of Rep. Michael Cloud’s (R-Texas) ...

Politics - The Hill - 4 days ago

Retailers brace for DEI blowback in lead-up to election, holiday shopping season

Some companies are concerned about attending public DEI events while others are strategizing on how to avoid criticism over their policies and programs.

Business - CNBC - November 4

Monte dei Paschi di Siena Posts Quarterly Beat on Fees Growth

The Italian lender reported third-quarter net profit and revenue growth ahead of expectations, led by higher income from fees and commissions.

Business - The Wall Street Journal - November 8

Why some U.S. companies are scaling back DEI programs

Why companies like Ford, Harley Davidson, Tractor Supply, Lowe's and others are scaling back DEI programs.

Business - CNBC - 4 days ago

Walmart the latest big corporation to scale back DEI policies

Walmart is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations doing the same after coming under attack by conservative activists.

Walmart Joins Growing List of Companies Dropping DEI Policies

The retailing giant became the biggest employer yet to back away from diversity and inclusion commitments following a conservative pressure campaign.

Business - Inc. - 20 hours ago

Walmart U.S. CEO explains the retailer's DEI policy rollback

John Furner, president and CEO of Walmart U.S., talks about the company's decision to scale back its DEI policies.

Study: DEI Training Could Make Racial Tensions Worse

A new study found reading extracts by Robin DiAngelo and Ibram X. Kendi led people to perceive racism where none existed.

Business - Inc. - 13 hours ago

Walmart the latest big corporation to scale back DEI policies

Walmart is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations doing the same after coming under attack by conservative activists.

Politics - CBS News - 21 hours ago

This Inc. 5000 Founder Has Weathered DEI Backlash. Now, She’s Preparing for 4 Years Under Trump

Morgan DeBaun says diversity, equity, and inclusion initiatives need to rebrand to survive.

Business - Inc. - November 11

Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website

The big-box retailer, the nation's largest, joins a growing list of companies feeling the heat from conservative activists.

Business - CNBC - 19 hours ago

Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website

Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit that funded programs for ...

Walmart U.S. CEO on DEI programs, Trump's proposed tariffs and holiday shopping season

John Furner, president and CEO of Walmart U.S., speaks exclusively with "CBS Mornings" about the potential impact of President-elect Donald Trump's tariffs, what to expect this holiday shopping ...

OPEC extends oil output cuts

The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...

Politics - The Hill - November 4

Associated Press to Cut Staff by 8%

The reductions come just two weeks after Election Day, when The A.P. played a key role in calling races across the United States.

Business - The New York Times - November 18

Ford to cut 4,000 jobs in Europe

Headcount reduction comes as industry faces pressure over EV switch and competition from China

Business - Financial Times - 6 days ago

Thyssenkrupp Steel to Cut 11,000 Jobs

The workforce will be reduced by 40% through job cuts, outsourcing and business sales. There are 27,000 jobs in production and administration.

Business - The Wall Street Journal - Yesterday

Biden Cuts Intel’s Chip Award by More Than $600 Million

The Silicon Valley company will receive less money from the CHIPS Act after winning a $3 billion military contract and changing some of its investment commitments.

Business - The New York Times - 20 hours ago

Woolworths Cuts Expectations for Australian Food Earnings

Australian grocer Woolworths expects fiscal first-half earnings in its key Australian food division to be below previous expectations, as customers continue to be price conscious when facing cost ...

Business - The Wall Street Journal - October 29

GSK cuts vaccine sales target on reduced demand

U.K. drugmaker GSK on Wednesday cut its vaccine sales guidance for the year after what it called lower-than-expected demand.

Business - MarketWatch - October 30

Dropbox to cut 20% of workforce as it moves to boost growth

Dropbox Inc.’s stock rose 3.9% Wednesday after the online-storage platform said it expects third-quarter earnings to meet or beat guidance for revenue and other metrics but also said it’s cutting ...

Business - MarketWatch - October 30

Volkswagen in Drive to Cut Costs as Earnings Plunge

The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China.

Business - The Wall Street Journal - October 30

Bill Gates criticises Budget cut to overseas aid

Hidden in the Budget was a decision not to renew a Tory-era £2.5bn top-up to the UK's overseas aid budget.

Stellantis Says Moving Quickly to Cut U.S. Inventories

Stellantis said third-quarter group shipments fell 20% on the year as the company works to reduce the number of cars stocked at U.S. dealers and as it suffered from gaps in its product line-up ...

Business - The Wall Street Journal - October 31

STMicroelectronics Cuts Outlook Again on Continued Weak Demand

STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.

Business - The Wall Street Journal - October 31

Smith & Nephew cuts outlook on China weakness

FTSE 100 medical manufacturer reports price pressures and worse-than-expected demand

World - Financial Times - October 31

Brewers Struggle as Drinkers Cut Back on Beer Worldwide

Consumers around the world are drinking less beer, putting brewers in a bind.

Business - Inc. - October 31

Ukraine and US warn Kyiv’s troops could face North Korean forces ‘in days’

New assessment finds as many as 8,000 soldiers have been deployed to Russia’s Kursk region

Business - Financial Times - October 31

Adani begins to cut off power supplies to Bangladesh

Indian conglomerate threatens to halt flows from coal-fired plant over debt dispute

Business - Financial Times - November 3

Ryanair profit drops as airline cuts passenger forecast

European low-cost carrier blames pressure on consumers for fall in fares

Business - Financial Times - November 4

Which gold investment is best when rates are cut?

Some gold assets are better than others when interest rates are dropping, experts say.

South Carolina women clear-cut betting favorites

South Carolina was viewed as a second-tier contender, not one of the clear favorites, entering last season. Oddsmakers aren't doubting the Gamecocks this season, though.

Sports - ESPN - November 4

Latest in Cuts Dei

Walmart cuts DEI

U.S. Workers Might Be Souring on DEI

Walmart rolls back DEI policies

Does Changing the Language of DEI Protect Companies?

The Anti-DEI Influencer Waging War on Lowe’s and Ford

Crockett lays into Republicans claiming oppression over DEI

Retailers brace for DEI blowback in lead-up to election, holiday shopping season

Monte dei Paschi di Siena Posts Quarterly Beat on Fees Growth

Why some U.S. companies are scaling back DEI programs

Walmart the latest big corporation to scale back DEI policies

Walmart Joins Growing List of Companies Dropping DEI Policies

Walmart U.S. CEO explains the retailer's DEI policy rollback

Study: DEI Training Could Make Racial Tensions Worse

Walmart the latest big corporation to scale back DEI policies

This Inc. 5000 Founder Has Weathered DEI Backlash. Now, She’s Preparing for 4 Years Under Trump

Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website

Walmart pulls back on DEI efforts, removes some LGBTQ merchandise from website

Walmart U.S. CEO on DEI programs, Trump's proposed tariffs and holiday shopping season

OPEC extends oil output cuts

Associated Press to Cut Staff by 8%

Ford to cut 4,000 jobs in Europe

Thyssenkrupp Steel to Cut 11,000 Jobs

Biden Cuts Intel’s Chip Award by More Than $600 Million

Woolworths Cuts Expectations for Australian Food Earnings

GSK cuts vaccine sales target on reduced demand

Dropbox to cut 20% of workforce as it moves to boost growth

Volkswagen in Drive to Cut Costs as Earnings Plunge

Bill Gates criticises Budget cut to overseas aid

Stellantis Says Moving Quickly to Cut U.S. Inventories

STMicroelectronics Cuts Outlook Again on Continued Weak Demand

Smith & Nephew cuts outlook on China weakness

Brewers Struggle as Drinkers Cut Back on Beer Worldwide

Ukraine and US warn Kyiv’s troops could face North Korean forces ‘in days’

Adani begins to cut off power supplies to Bangladesh

Ryanair profit drops as airline cuts passenger forecast

Which gold investment is best when rates are cut?

South Carolina women clear-cut betting favorites

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