Latest in Firms Dropping Diversity
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L.A. County wildfires leave diverse and historic Altadena in ashes and rubble
Families of color, making up over half of Altadena, have bought homes and kept them for generations. The Black home ownership rate exceeds 80%, almost double the national rate.NBC News - Jan. 13 -
Kalshi names Donald Trump Jr. as strategic advisor to prediction market firm
The president-elect's eldest son's growing business footprint now includes the prediction market platform that rose to prominence during the 2024 election.CNBC - Jan. 13 -
Apple asks investors to block proposal to scrap diversity programmes
Conservative thinktank wants firm to end its DEI efforts because they create ‘litigation, reputational and financial risks’. Business live – latest updates Apple has asked shareholders to vote ...The Guardian - Jan. 13 -
GSK to buy US cancer drug firm IDRx for up to $1.15bn
Massachusetts-based company is working on new treatments for gastrointestinal cancers. Business live – latest updates GSK has struck a deal worth up to $1.15bn (£950m) to acquire a ...The Guardian - Jan. 13 -
Bezos' space firm calls off debut launch of new rocket in final minutes of countdown
Blue Origin has called off the debut launch of its massive new rocket because of technical troubleABC News - Jan. 13 -
Porsche China deliveries drop 28% as competition intensifies
Fall comes as consumers in world’s largest car market increasingly opt for domestic brandsFinancial Times - Jan. 13 -
Apple pushes back on call to end diversity programme
The tech giant has asked investors to reject a proposal from a conservative group to end its DEI policies.BBC News - Jan. 13 -
UK government to crack down on MPs earning extra cash from media firms
Jacob Rees-Mogg and Nigel Farage are among those who have earned large sums from broadcasters, but a tightening of rules on MPs’ outside interests is being considered. MPs would no longer be able ...The Guardian - Jan. 12 -
Transfer rumors, news: Man City make firm move for Marmoush
Manchester City are on the verge of signing striker Omar Marmoush from Eintracht Frankfurt. Transfer Talk has the latest news, gossip and rumors.ESPN - Jan. 11 -
Biden calls Meta’s decision to drop factchecking ‘really shameful’
The president strongly criticized Meta’s decision to replace factchecking department with community notes. Joe Biden has pushed back on Meta chief executive officer Mark Zuckerberg’s decision to ...The Guardian - Jan. 11 -
Is the Pink Fire Retardant That Planes Are Dropping on the California Fires Safe?
It’s widely used because it can slow flames in ways that water can’t. But it also contains heavy metals and other harmful compounds.The New York Times - Jan. 11 -
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In utterly unsurprising news, Maga blames diversity for the Los Angeles wildfires
Elon Musk, one of the brightest minds of his generation, is saying it, so it must be true. Women, eh? They’re simply not to be trusted. Eve ate that apple; Pandora opened that horrible little box; ...The Guardian - Jan. 11 -
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 - Jan. 11 -
Biden on whether he regrets dropping out of the 2024 election
President Biden unexpectedly answered reporter questions on a wide range of topics on Friday, including if he regrets dropping out of the 2024 election. CBS News White House reporter Willie James ...CBS News - Jan. 10 -
U.S. Companies Cut Diversity Efforts as Challenges Mount
At least six major U.S. companies modified their DEI policies last year.Inc. - Jan. 10 -
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 - Jan. 10 -
Border Crossings Continue to Drop Before Trump’s Second Term
Illegal crossings at the U.S.-Mexico border in November fell to their lowest level of President Biden’s administration.The New York Times - Jan. 10 -
Disney, Fox and Warner Bros. Drop Venu Sports Streaming Service
Venu Sports, a joint venture among Disney, Fox and Warner Bros., was announced to great fanfare last year but was discontinued before it ever became available.The New York Times - Jan. 10 -
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 - Jan. 10 -
Mercedes-Benz Car Sales Drop Amid Challenging Market
Car sales fell 3% to 1.98 million last year in a challenging global market, with top-end vehicle sales weighed by market conditions in China, model changes and weak electric-vehicle demand.The Wall Street Journal - Jan. 10 -
With Trump Arriving, Zelensky Urges Allies Not to ‘Drop the Ball’
In an impassioned address to officials from countries supporting Ukraine, Mr. Zelensky said “a new chapter” would be starting for Europe and the rest of the world, requiring even more cooperation.The New York Times - Jan. 9 -
Starmer aide to receive dividends from corporate advisory firm Hakluyt
Varun Chandra still holds majority of his previous stake in the group despite joining Downing Street in JulyFinancial Times - Jan. 9 -
Zelenskyy urges western allies ‘not to drop ball’ when Trump returns
Ukrainian leader appeals for sustained military support as US president-elect seeks ‘new chapter’ in Europe. Volodymyr Zelenskyy has urged Ukraine’s western allies “not to drop the ball” and to ...The Guardian - Jan. 9 -
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Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - Jan. 9 -
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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 - Jan. 9 -
Shares of California utility Edison International drop 10% as wildfires rage
The decline comes as multiple large fires are burning around Los Angeles, with strong winds making them difficult to contain.CNBC - Jan. 8 -
Why eggs are nearly $9 a dozen in California — and when prices could drop
Egg prices at the grocery store shocked many consumers over the recent holiday season, and those prices are expected to continue to climb after an unanticipated spike in the number of bird flu ...MarketWatch - Jan. 8 -
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 - Jan. 8 -
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Meta changes hate speech rules, dropping LGBTQ protections
Meta, the parent company of Facebook and Instagram, dropped some LGBTQ protections from its hate speech rules Tuesday amid a wider overhaul of the social media giant’s content moderation ...The Hill - Jan. 8 -
Bottom Line: Palantir taps Trump-tied firm as it chases government contracts
Defense Palantir Technologies has hired Miller Strategies to lobby on issues related to defense policy and appropriations. The U.S. government has awarded Palantir nearly $2.5 billion in contracts ...The Hill - Jan. 8 -
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 - Jan. 8 -
Palantir’s stock sees sharpest drop since May as momentum cools
Bears criticized Palantir’s valuation for months as shares climbed higher. Is Wall Street paying more attention to the multiple now?MarketWatch - Jan. 7 -
Meta Drops Rules Protecting LGBTQ Community as Part of Content Moderation Overhaul
The changes included allowing users to share “allegations of mental illness or abnormality when based on gender or sexual orientation.”The New York Times - Jan. 7 -
Bitcoin drops below $97,000 as Treasury yields pressure risk assets
Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.CNBC - Jan. 7
