Business

Target ends diversity programs, citing changing landscape

Published on: January 24, 2025, 09:03 PM UTC

Companies are increasingly rolling back or ending DEI (diversity, equity, and inclusion) programs amid pressure from conservative activists and the Trump administration. This includes tech giants like Meta, McDonald's, and Harley-Davidson, who have cut or paused their DEI initiatives. The move away from DEI policies is part of an ongoing backlash against diversity programs at American companies. Some DEI initiatives have faced backlash from conservatives and activist groups, who argue that these initiatives don't align with the values of companies' largely conservative consumer bases. However, 61% of Americans support DEI practices, according to a Washington Post-Ipsos poll in April, and companies including Costco and JPMorgan have publicly defended their diversity initiatives.

Published on: January 24, 2025, 09:03 PM UTC

Target Scales Back DEI Initiatives Amid Evolving Landscape and Backlash

Published on: January 24, 2025, 09:02 PM UTC

Trump's executive order relieves tech giants like Meta, Amazon, Google, and Tesla from a potential tax headache under the global minimum tax deal.

Published on: January 24, 2025, 09:02 PM UTC

Listen and subscribe to Warrior Money on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Former Hiring Our Heroes VP Elizabeth O'Brien discusses the challenges veterans and their families face when transitioning from active duty to civilian life. She shares solutions to help ease the transition process, including community support and the Skill Bridge program.

Published on: January 24, 2025, 09:01 PM UTC

Listen to Warrior Money on your favorite podcast platform to hear how communities and the government can help ease veterans' transition to civilian life and learn about financial topics that matter to veterans and the broader public.

Published on: January 24, 2025, 09:01 PM UTC

President Trump signed an executive order exempting the US from a global minimum tax deal to prevent corporate income tax competition. The deal, supported by 140 countries, aimed to curb tax avoidance and the shifting of income to low-tax jurisdictions. However, it may have been unnecessary as the Biden administration was negotiating a workaround for US companies, shielding them from penalties for taking the research and development tax credit.

Published on: January 24, 2025, 08:02 PM UTC

CMS withdraws appeal of court order to recalculate star ratings for UnitedHealth Medicare Advantage plans, potentially costing the insurer millions in lost customers.

Published on: January 24, 2025, 08:00 PM UTC

Smithfield Foods IPO: 5 Things Investors Need to Know About the Pork Producer's Return to the Stock Market

Published on: January 24, 2025, 07:05 PM UTC

NextEra Energy is expanding its natural gas and nuclear generation to meet the rising demand for electricity, partnering with GE Vernova to build power generation for data centers and partnering with Santee Cooper to restart a reactor in Pennsylvania.

Published on: January 24, 2025, 07:04 PM UTC