Target latest company to roll back DEI programs
Target announced it would roll back its diversity, equity, and inclusion (DEI) policies, becoming the latest company to do so after President Trump's election. In a memo sent to employees Friday by Kiera Fernandez, Target's principal community impact and equity officer, the retailer announced its three-year DEI goals, as well as the end of its […]
More than 10% of all jobs that pay $100,000 or more are now available remotely
It's been a busy week of remote work chatter. it started on monday Return to face-to-face work memorandumIssued by President Trump. It directed department heads and agency heads to take all necessary steps to end remote work arrangements for federal employees. “Employees outline requirements for employees to return to work full-time and in-person at their […]
GOP leaders in debt limit quandary between Trump, fiscal hawks
Congress GOP leaders are in a huge pickle because they are comparing how to deal with the approaching deadline to raise the maximum of debt. President Trump has pressed the Republican members so that the Democratic Party does not allow the Democratic Party to use the borrowing restrictions as leverage points. However, the Finance Hawks […]
TikTok buyers line up as Trump, China signal openness to deal
Potential buyers for TikTok are lining up as President Trump and the Chinese government grow more interested in striking a deal to sell the popular video-sharing platform in the face of a U.S. ban. YouTube star MrBeast is the latest to join the ranks of potential buyers following a joint bid by former Los Angeles […]
Trump slams EU fines on major tech firms as a 'form of taxation'
President Trump on Wednesday criticized the European Union for levying hefty fines against the world's largest tech companies, calling it a “form of taxation” on American companies. “They got $15 or $16 billion from Apple. They get billions from Google,” Trump said during a virtual appearance at the World Economic Forum in Davos, Switzerland. “These […]
Purdue Pharma, Sacklers reach new settlement agreement in opioid cases
Purdue Pharma and members of the Sackler family, which owns the company, have agreed in principle to pay a $7.4 billion settlement to resolve thousands of lawsuits over the company's role in the opioid crisis, the state attorney general said. It was announced on Thursday. The proposed settlement is an additional $1.4 billion in principle […]
Trump signs executive order establishing crypto working group
President Trump signed a presidential decree on the White House artificial intelligence (AI) and a digital asset led by David Sax, the top cryptocurrency. The work group is to propose a framework for federal regulations on digital assets and to consider whether to create a state of digital asset asset. Mr. Sax, who attended with […]
Costco’s board rejects anti-DEI motion, defends ‘respect and inclusion’
Costco's board of directors rejects anti-diversity, equity and inclusion (DEI) efforts, saying the company stands for “respect and inclusion” as efforts underway nationwide to stop the practice. Ta. The National Center for Public Policy Research, a conservative think tank, has sent proposals to several companies, including Costco, arguing that the organization should conduct assessments of […]
Trump shrugs off Musk criticism of AI project: 'He hates one of the people in the deal'
President Trump said Thursday that he is not concerned about his ally Elon Musk's public criticism of investments in new artificial intelligence (AI) infrastructure projects that he has touted. Musk has clashed in recent days with OpenAI CEO Sam Altman, one of the project's investors. Asked by reporters in the Oval Office if Musk's criticism […]
Ivanka Trump calls out 'fake crypto coin' named after her
President Donald Trump's eldest daughter Ivanka Trump warned Thursday that the cryptocurrency token bearing her name is fake. “I have become aware that a fake virtual currency called 'Ivanka Trump' or '$IVANKA' is being promoted without my consent or approval,” she wrote in a post on social platform X. “To be clear, I have no […]