Goldman Sachs Ditches Big Diversity Rule As Wall Street Backs Off DEI
Goldman Sachs will drop a demand that corporate boards of directors include women and members of minority groups as financial firms backpedal from D.E.I. promises.
Read more at The New York Times
Topics
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Disney cuts diversity category from executive pay scheme
Entertainment group faced allegations from conservative politicians that it pushed ‘woke’ agendaFinancial Times - 1h -
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PBS closes DEI office
Public broadcaster PBS is closing its office of diversity, equity and inclusion (DEI), The Hill confirmed Tuesday. “In order to best ensure we are in compliance with the President’s executive order ...The Hill - 5h -
Goldman abandons IPO board diversity pledge
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Wall Street Journal: Trump repeating first-term 'blunder'
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Many Argentines back Milei on economy. His war on diversity is more divisive.
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Birders, South Africa's Garden Route is a haven of avian diversity
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Billionaire’s daughter can hand back £33mn moth-infested mansion, court rules
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Police in India stop Ed Sheeran busking on street before concert
Local channels show police officer walking up to star as he sings Shape of You and unplugging microphone. Ed Sheeran has been stopped by police from busking in India after he was told he lacked ...The Guardian - 1d -
Here’s the biggest economic threat from Trump’s planned immigration crackdown, according to Goldman Sachs
Should those arrests and deportations pick up, it could have economic consequences, depending how aggressive authorities get.MarketWatch - 1d -
Moment India police unplug Ed Sheeran's street performance
The star was stopped from busking ahead of his concert in the southern Indian city of Bengaluru.BBC News - 1d -
Super Bowl 2025: Off-the-field winners and losers from the big game, from Kendrick Lamar to Pat Riley
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Why ditching the penny may not cost Americans much
Rounding prices to the nearest nickel would not have “any significant inflationary consequences,” a 2023 study found.MarketWatch - 1d -
Jeff Koons: Big ideas and big art
Controversial art world giant Jeff Koons works with teams of craftsmen to create his complex sculptures. His latest idea? He tells Anderson Cooper he plans to send artwork to the moon.CBS News - 1d -
Super Bowl 59: Heat's Erik Spoelstra wants Pat Riley to throw 'big ass party' if Chiefs pull off three-peat
Riley has the term 'three-peat' trademarked, so he's in line for a big payday if Kansas City beats the EaglesCBS Sports - 1d -
Top Wall Street analysts pick these 3 stocks for attractive dividends
TipRanks' analyst ranking service spotlights three dividend-paying stocks, including International Business Machines and Verizon.CNBC - 2d -
Morgan Stanley cedes title of chief Goldman Sachs rival
Both JPMorgan and Evercore generated more financial advisory fees last year than Ted Pick’s bankFinancial Times - 2d -
Target Sued for Defrauding Shareholders on DEI
The retailer was hit with lawsuit alleging it misled investors about DEI initiative risks, which led to consumer boycotts and diving stocks.Inc. - 2d -
Rooney Rule founders point to diversity needs
They point to a paucity of black offensive coordinators, the pool often tapped for new head coaches.ESPN - 3d -
A Wall Street trader disappeared, then wound up dead in a U.S. Border Patrol shootout
Ophelia Bauckholt was killed in a shootout with U.S. Border Patrol agents in northern Vermont — an unlikely end to a life that held so much promise.NBC News - 3d -
As Ground Shifts, ‘Flailing’ Democrats Struggle to Find Footing in Diversity Fight
President Trump’s aggressive moves against transgender rights and diversity, equity and inclusion programs have left the Democratic Party casting about for a strategy for how to respond.The New York Times - 3d -
Trump wants to end a popular Wall Street tax break. What to know about the 'carried interest loophole'
President Donald Trump wants to end the carried interest loophole. Here's how the tax break benefits Wall Street investment managers.CNBC - 3d -
Frontier Air’s stock rallies as its rosier outlook, new routes wow Wall Street
Frontier plans an expansion to cities such as Reno, Nev.; and Tuscan, Ariz.MarketWatch - 4d -
Expedia’s stock rallies 17% as Wall Street cheers the return of its dividend
For the first time since the COVID-19 pandemic, Expedia will pay out a quarterly dividend of 40 cents a share.MarketWatch - 4d -
Brooklyn Museum Will Lay Off Employees and Scale Back Exhibitions
The museum, which faces a projected $10 million deficit, said it planned to cut more than a tenth of its employees and mount fewer exhibitions.The New York Times - 4d -
Wall Street Prepares to Defend Carried Interest, a Favored Tax Break, Again
President Trump called for ending the so-called carried interest loophole, which saves financiers billions. It’s a tax break that has survived time after time.The New York Times - 4d -
Google Rolls Back AI Promises and DEI Measures as Staff Ask, ‘Are We the Bad Guys Now?’
Google’s unofficial motto used to be ‘Don’t be evil,’ but that sentiment sits in sharp contrast to recent leadership decisions that have angered some employees.Inc. - 5d -
Watch: 'Sesame Street' stars Oscar the Grouch, Bert and Grover give L.A. 'a big hug'
The 'Sesame Street' characters visited the Los Angeles Times to talk about emotions, getting through tough times and finding solace in friends, family and neighbors.Los Angeles Times - 5d -
Google scraps its diversity hiring goals as it complies with Trump's new government contractor rules
Google is scrapping some of its diversity hiring targets, joining a lengthening list of U.S. companies that have been abandoning or scaling back their diversity, equity and inclusion programsABC News - 5d -
Google Unwinds Diversity Goals, Citing Trump’s DEI Orders
The Silicon Valley giant also said it was reviewing other diversity programs and initiatives and would update them if they seemed risky or ineffective.The New York Times - 5d
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Fed Chair Jerome Powell Shows Little Urgency to Lower Rates
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The energy giant was vague on details, but analysts say the changes is likely to include less spending on renewable sources and a bigger investment in oil and natural gas production.The New York Times - 2h -
5 Notes from the Big Paris A.I. Summit
At times, Kevin Roose writes, it feels like he is watching policymakers on horseback trying to install seatbelts on a passing Lamborghini.The New York Times - 1d
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Ford Chief Executive Says Trump Policies May Lead to Layoffs
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