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Tag: Companies

Is DEI dying? Here’s the list of companies that have rolled back the ‘woke’ policies

Panelists Jennifer Say and Daniel Cameron discuss how major companies are rolling back DEI and environmental, social, and governance programs on “The Bottom Line.” While most major U.S. companies still have diversity, equity, and inclusion (DEI) programs in place, the list of companies reversing so-called “woke” efforts has recently grown. Last year, many companies announced […]

Supreme Court allows Honululu lawsuit against oil companies to proceed

The U.S. Supreme Court on Monday rejected an oil company's request to dismiss the City of Honolulu's lawsuit that holds oil companies liable for the effects of climate change. Defendants, including Sunoco, Shell, ExxonMobil, BP and Chevron, argued that the lawsuit has no standing in state court and can proceed only under federal law. The […]

Google, Boeing join growing list of companies donating to Trump's inauguration 

Google and Boeing each donated $1 million to President-elect Trump's inaugural committee, joining the list of major companies supporting the January 20 event. “Google is pleased to support the 2025 Inauguration with a live stream on YouTube and a direct link to our homepage. We are also contributing to the inaugural committee.” Google Government Affairs […]

4 in 10 companies planning job cuts due to AI: Survey

At least four in 10 companies around the world are likely to cut staff as advances in artificial intelligence (AI) continue, a new study has found. The latest survey from the World Economic Forum (WEF)Future of work reportAccording to , the “increasing capabilities and prevalence” of AI has led 41 percent of employers surveyed to […]

California Rules Caused Insurance Companies to Cancel Policies Before Wildfires

Gov. Gavin Newsom (D) and the Democratic-run state government forced insurance companies to cancel many fire insurance policies, leaving many Pacific Palisades residents without insurance right before the wildfires. As Breitbart News has reported for years, many insurance companies have stopped selling new policies in California due to “increased wildfire risk and construction costs in […]

Companies decline to drill in Alaska wildlife refuge

The Department of the Interior announced Wednesday that oil and gas companies are not attempting to drill in Alaska's controversial wildlife refuge. As required by a 2017 law, the Biden administration offered the private sector the opportunity to drill in areas within the Arctic National Wildlife Refuge. But on Wednesday, it announced that no companies […]

Costco board member defends DEI, rebukes companies scrapping policies

Costco board members take aim at the company's rollback on diversity, equity and inclusion (DEI) policies, urging the wholesaler to join a growing list of brands abandoning the controversial practice. He called on companies to instead “maximize” DEI in the face of pressure. Jeff Lykes, co-founder of the Lykes Foundation and former CEO of the […]

Oil companies pay record $5.6M settlement after FTC alleges illegal coordination

The federal government announced Tuesday that three oil companies will pay record fines to resolve allegations of illegal coordination before the merger was completed. The Federal Trade Commission (FTC) announced that three companies, XCL Resources Holdings, Verdun Oil Company II, and EP Energy LLC (EP), will pay a record $5.6 million in a civil lawsuit. […]

Companies hiring less diverse executives amid anti-DEI pushback

NEW YORK — In the aftermath of George Floyd's murder in 2020, investor Melody Hobson recalls frequently receiving calls from directors of Fortune 500 companies asking for references to diverse board candidates. Right now, she says, it's “very sporadic.” “There were dozens of them during the George Floyd era,” said Hobson, who is co-CEO of […]