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Corporate Diversity in Retreat: Citigroup, PepsiCo Join Exodus Amid Scrutiny

Major Companies Retreat from DEI Programs Amid Scrutiny and Legal Changes

AI Speeding Up Reaction to Central Bankers, but Impact Unclear

Central bankers' speeches and policy statements are quickly influencing asset prices due to AI, boosting monetary policy transmission but raising concerns about accuracy and informativeness.

Laureate Education Reports Q4 Earnings of $0.62 per Share

Laureate Education Inc. (LAUR) reports fourth-quarter earnings of $93.6 million, with revenue of $423.4 million.

Gas Prices to Rise in Coming Weeks

Gas prices are likely to rise in the coming weeks due to refinery maintenance and outages, particularly in California. The national average price for gasoline is hovering around $3.16 per gallon, higher than a month ago. Experts anticipate a further increase of $0.25 to $0.60 between now and mid-April, with the West Coast experiencing the highest fuel costs. The outages come ahead of the annual switch to more expensive summer fuel blends, with California already having the most expensive gasoline in the US due to green initiatives. However, retail gas prices are predicted to move lower in the second half of the year.

Wheat Thins Purchasers Reach $10 Million Settlement Over '100% Whole Grain' Label

Wheat Thins purchasers reach $10 million settlement in lawsuit over '100% Whole Grain' label

Wolverine World Wide Q4 profit tops expectations

Wolverine World Wide Inc. reports Q4 profit of $24.6 million, topping analysts' expectations. The footwear maker also posted revenue of $494.7 million, exceeding Street forecasts.

Broadcom, TSMC Weigh Bids for Intel Break-Up

Broadcom and TSMC Weigh Bids for Intel, Potentially Breaking Up Chipmaker

Dexits: CEOs Leaving Delaware Amid Frustrations With Chancery Court

CEOs increasingly frustrated with Delaware's Chancery Court are relocating their companies to other states, including Elon Musk and Meta, following Musk's criticism of the court's ruling against his compensation package. Delaware's dominance as a corporate hub is being challenged by states offering more business-friendly laws and strategies. Legal disputes and perceptions of unfair hearings have prompted high-profile departures from Delaware, leading to the state's governor forming a working group to address complaints against the court.

Coke CEO Says New Aluminum Tariffs Are Manageable

Coca-Cola CFO says higher aluminum prices due to tariffs are "manageable" and won't lead to higher prices for consumers. The company reported strong Q4 earnings, with revenue and EPS beating expectations. Analysts see the results as a positive sign and expect the company to continue to perform well in 2025.

Fed Chair Powell: No Rush to Adjust Rates Amid Inflation, Policy Uncertainties

Fed Chair Powell signals steady rates, digests inflation, Trump policies