Andrew Ramonas

Washington, D.C.

Securities Regulation and Policy Reporter at Bloomberg Law

Award-winning reporter with a passion for breaking news and writing stories that matter for @BLaw securities and ESG readers. Illinois native calling D.C. home.

Articles

Goldman Investors Nix Anti-DEI Proposals on Pay, Racial Bias

1 day ago | news.bloomberglaw.com | Andrew Ramonas

Goldman Sachs Group Inc. shareholders on Wednesday voted down plans for the investment bank to conduct a racial discrimination audit and revisit any diversity, equity, and inclusion goals in executive compensation. The shareholder proposals from anti-DEI advocates the National Legal and Policy Center and National Center for Public Policy Research received about 2% support from Goldman investors, according to preliminary results announced at the firm’s annual meeting.
Goldman Investors Nix Anti-DEI Proposals on Pay, Racial Bias

1 day ago | news.bloombergtax.com | Andrew Ramonas

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
Goldman Investors Nix Anti-DEI Proposals on Pay, Racial Bias (1)

1 day ago | news.bloombergtax.com | Andrew Ramonas

Goldman Sachs Group Inc. shareholders on Wednesday voted down plans for the investment bank to conduct a racial discrimination audit and revisit any diversity, equity, and inclusion goals in executive compensation. The shareholder proposals from anti-DEI advocates the National Legal and Policy Center and National Center for Public Policy Research received about 2% support from Goldman investors, according to preliminary results announced at the firm’s annual meeting.
Citi, eBay Ride Corporate Wave Citing EU Climate Reporting Risks

2 days ago | news.bloomberglaw.com | Andrew Ramonas |Isabel Gottlieb

Citigroup, eBay, Mondelez International, and dozens of other major corporations are warning investors about compliance costs, conflicting rules, and potential legal liabilities as they prepare for a European climate disclosure mandate alongside US requirements. More than 60 corporate giants have voiced concerns about the EU’s Corporate Sustainability Reporting Directive with investors so far this year, according to a Bloomberg Law review of S&P 500 companies’ annual reports.
Build-A-Bear Flags Trump Tariff Risks from Chinese Suppliers

1 week ago | news.bloomberglaw.com | Andrew Ramonas

Build-A-Bear Workshop Inc. is bracing for fewer profits as its stuffed animals and other merchandise imported from China and Vietnam are expected to cost more amid the Trump administration’s trade war. The teddy bear retailer told investors in its annual 10-K report Thursday that President Donald Trump’s tariffs on Chinese and Vietnamese goods pose a “significant risk to our business operations.” Trump has put levies of at least 145% on imports from China.
Build-A-Bear Flags Trump Tariff Risks from Chinese Suppliers

1 week ago | news.bloombergtax.com | Andrew Ramonas |Catalina Camia

Build-A-Bear Workshop Inc. is bracing for fewer profits as its stuffed animals and other merchandise imported from China and Vietnam are expected to cost more amid the Trump administration’s trade war. The teddy bear retailer told investors in its annual 10-K report Thursday that President Donald Trump’s tariffs on Chinese and Vietnamese goods pose a “significant risk to our business operations.” Trump has put levies of at least 145% on imports from China.
California Rebuffs Business Bid to Pause Emissions Reporting Law

2 weeks ago | news.bloombergtax.com | Andrew Ramonas

California Attorney General Rob Bonta has urged a federal court to let the state enforce its corporate emissions reporting statute while a business group pursues a lawsuit to stop it. The 2023 law will require “factual information” that won’t cause irreparable damage to companies if California enforces it as litigation continues, the Democratic attorney general and other lawyers from his office said in a brief filed Monday with the US District Court for the Central District of California.
California Rebuffs Business Bid to Pause Emissions Reporting Law

2 weeks ago | news.bloomberglaw.com | Andrew Ramonas

California Attorney General Rob Bonta has urged a federal court to let the state enforce its corporate emissions reporting statute while a business group pursues a lawsuit to stop it. The 2023 law will require “factual information” that won’t cause irreparable damage to companies if California enforces it as litigation continues, the Democratic attorney general and other lawyers from his office said in a brief filed Monday with the US District Court for the Central District of California.
Mattel, Maker of Pro-Diversity Barbie, Sheds DEI for Investors

2 weeks ago | news.bloomberglaw.com | Clara Hudson |Andrew Ramonas

ESGEmailApril 4, 2025, 6:01 PM UTCMattel, the toymaker behind the “Most Diverse Doll Line” and a blockbuster Barbie movie trumpeting diversity, is talking less about diversity, equity, and inclusion with investors as President Donald Trump attacks DEI. The 2023 Barbie movie—which pokes fun at male Mattel Inc. executives headed by faux-CEO Will Ferrell—helped the company reinvent its brand and how its dolls are perceived by a new generation of consumers.
Democrats Renew Court Bout for SEC Climate Rules as Agency Exits

3 weeks ago | news.bloomberglaw.com | Andrew Ramonas

Massachusetts, New York, and more than a dozen other states, plus DC, are dedicated to defending SEC corporate emissions reporting requirements against lawsuits, after the agency stopped fighting for the 2024 rules last month. The declaration from Democratic attorneys general in a court document submitted late Wednesday was the first time their states affirmed a commitment to battling the legal challenges without the Securities and Exchange Commission.