A nail in DEI’s coffin: American Airlines suspends diversity, equity, and inclusion hiring policies
Last week, another nail was driven into the DEI coffin when American Airlines announced it would eliminate DEI hiring and employment practices. The decision comes after America First Legal, a conservative watchdog group, filed a federal civil rights lawsuit against American Airlines for discriminatory employment practices that violate federal contracting requirements. Ta. “Since 2008, we […]
Bills, Dolphins make history by selling minority stakes to private equity firms
The Buffalo Bills and Miami Dolphins made National Football League history Wednesday by becoming the league's first clubs to sell their stakes to a private equity firm. The minority non-controlling interest, which means the company has no voting or actual decision-making power over the team, was approved at the NFL League Conference in Dallas, Texas, […]
University of Michigan to dismantle Diversity, Equity, Inclusion initiatives
The University of Michigan is the latest public university to eliminate diversity, equity, and inclusion (DEI) as part of its faculty requirements, making it one of several universities to scale back its DEI efforts this year. “The University of Michigan will no longer require diversity statements as part of faculty hiring, promotion, or tenure,” the […]
Elon Musk’s xAI raises $6 billion in equity financing as AI race heats up
Elon Musk's artificial intelligence startup xAI has raised an additional $6 billion from investors as it ramps up competition from Sam Altman's OpenAI, according to a regulatory filing. XAI – the company that created that sneaky “Grok” chatbot available on Musk’s social media site X – has raised funding from a total of 97 investors. […]
Ted Cruz urges White House to halt $1.25B in ‘digital equity’ funds
First appearance on Fox: Sen. Ted Cruz (R-Texas) is suing the Biden administration for $1.25 billion in “digital equity,” arguing that using race-based criteria to expand broadband access is unconstitutional. They are calling for the program to be canceled. “We strongly request that the illegal act be revoked.” [Notice of Funding Opportunity] NOFO should stop […]
Private equity CEO and philanthropist Bill Pulte aims for HUD secretary post under Trump
Philanthropist Bill Pulte is eyeing the post of Secretary of Housing and Urban Development in President-elect Donald Trump's second Cabinet, the Post reported. Mr. Pulte, founder of Twitter Philanthropy and CEO of Pulte Capital, is the grandson of home construction and real estate mogul William J. Pulte. 35 year old man uses X as a […]
OpenAI, Microsoft in $14B tussle over equity rights in AI giant: report
Microsoft is reportedly fighting with OpenAI over how much and how much to get parts from the artificial intelligence giant as it prepares to transform from a nonprofit to a for-profit company. It is being Microsoft is seeking a majority stake in OpenAI in exchange for the $14 billion in cash it has previously injected […]
NASA Spent Millions On ‘Environmental Justice’ And ‘Equity’ Grants Despite Budget Woes
The National Aeronautics and Space Administration (NASA) has made a number of advances in diversity, equity, and inclusion (DEI) and “environmental justice” despite recently laying off staff and canceling its space program due to budget shortfalls. He is putting up a million dollar prize. Since 2020, NASA has allocated about $10 million to pay for […]
CNBC's Inside India newsletter: Is China's stock market rally behind Indian equity losses? – CNBC
This report is from this week's CNBC 'Inside India' newsletter, delivering timely and insightful news and market commentary on emerging powers and the big companies behind their phenomenal rise. Masu. Is it what you see? You can subscribe here. big story The investment world has rapidly changed its signage in recent weeks. But if loyalty […]
Advancing Social Equity in the Cannabis Industry: The Influence of Michael Halow
Social equity is an important topic in the cannabis industry. Given the historical stigma surrounding cannabis, there are ongoing efforts to address the injustices faced by marginalized communities due to strict cannabis laws. michael harrow is at the forefront of these efforts, working to create opportunities for those negatively impacted by regulation. Michael focuses on […]