Articles
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1 month ago |
news.bloomberglaw.com | Jeff Green |Kelcee Griffis
The US Federal Communications Commission is prepared to block mergers and acquisition proposals from companies that promote “invidious” DEI policies, according to chairman Brendan Carr. The move could threaten billions of dollars worth of deals in the communications sector, with Carr specifically mentioning Paramount Global’s merger with Skydance Media, and Verizon Communications Inc.’s acquisition of Frontier Communications Parent Inc.
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1 month ago |
news.bloomberglaw.com | Heather Landy |Jeff Green
Analyzing trends in leadership, management and the art of career building. On their watchThe parade of US companies walking back commitments on diversity, equity and inclusion continued this week, with Salesforce Inc., Victoria’s Secret & Co. and State Street Corp. joining the procession. It’s an unusual parade in that it honors no heroes and celebrates no victories, least of all for the corporate leaders who presided over the expansion of policies they’re now rushing to abandon.
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2 months ago |
news.bloombergtax.com | Jeff Green |Saijel Kishan
Institutional Shareholder Services, which advises investors on how to vote in company meetings, will stop considering diversity as a factor for US corporate boards, citing anti-DEI orders from President Donald Trump. “ISS will no longer consider the gender and racial and/or ethnic diversity of a company’s board when making vote recommendations with respect to the election or re-election of directors at US companies,” the proxy adviser said in a statement on its website Tuesday.
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2 months ago |
news.bloomberglaw.com | Jeff Green |Saijel Kishan
Institutional Shareholder Services, which advises investors on how to vote in company meetings, will stop considering diversity as a factor for US corporate boards, citing anti-DEI orders from President Donald Trump. “ISS will no longer consider the gender and racial and/or ethnic diversity of a company’s board when making vote recommendations with respect to the election or re-election of directors at US companies,” the proxy adviser said in a statement on its website Tuesday.
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2 months ago |
news.bloomberglaw.com | Simone Foxman |Jeff Green
In 2020, outrage over the murder of George Floyd, a Black man, by a White police officer, ushered in sweeping efforts to bring diversity, equity and inclusion, or DEI, to the federal workforce and corporate America. But anti-DEI activists ignited a forceful backlash against these policies — and now they have a vociferous ally to their cause in the Oval Office.
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