Japanese firms have long lagged behind their Western peers on gender equality. A US crackdown on diversity may give them a chance to shine
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@onlyanna100
By way of ๐ฌ๐ง > ๐ฏ๐ต > ๐ธ๐ฌ > ๐บ๐ธ now Washington, DC. Executive editor for Equality at Bloomberg News: https://www.bloomberg.com/equality Tips? Story ideas? akitanaka@bloomberg.net Or email the Equality team: newsequality@bloomberg.net
Japanese firms have long lagged behind their Western peers on gender equality. A US crackdown on diversity may give them a chance to shine
๐ Gift Link: www.bloomberg.com/news/article...
President Donald Trump signed a proclamation directing the Smithsonian Institution to remove references to โimproper ideologyโ from its programs and exhibitions, the latest effort from the White House to crack down on teachings regarding race and gender
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EXCLUSIVE: @emilyflitter.bsky.social reports that the Treasury is moving to protect a crucial financial lifeline for millions of low-income and under-served Americans
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An influential investor group blasted UBS over a perceived retreat from sustainability policies, highlighting the reputational risks that banks face when they roll back previous commitments
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Federal workers laid off in connection with President Donald Trumpโs anti-DEI executive orders said their terminations were discriminatory and violated their First Amendment rights, in an administrative complaint seeking reinstatement to their jobs
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A global overhaul at HSBC has seen female executives in Asia lose out after the lender asked managers to reapply for senior roles in the combined corporate and institutional banking unit
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President Donald Trumpโs aggressive government cost-cutting agenda is forcing his Treasury chief to balance support for that mission with efforts to protect a crucial financial lifeline for millions of low-income Americans
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SCOOP: HHS Secretary Robert F. Kennedy Jr. is planning to meet Tuesday with executives of companies that make infant formula in the US, according to people familiar with the roundtable discussion
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For the first time in its 104-year history, the NY-NJ Port Authority will have an all-female leadership team, and says it is underscoring its commitment to diversity despite mounting pressure from President Trump to dismantle DEI
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Conservative influencer Robby Starbuck says the gender pay gap is down to women choosing lower-paid work. McKinsey seems to agree.
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A US judge temporarily blocked the deportation of a Palestinian graduate student at Columbia University who was arrested over the weekend after he led anti-Israel protests at the Ivy League campus
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Drilling has started on the iconic Black Lives Matter mural in Washington, DC.
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The US Supreme Court agreed to consider whether scores of state and local governments are violating the Constitution by barring licensed counselors from trying to change a childโs sexual orientation or gender identity.
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Gender equality gains have stalled and at this rate, it will take 134 years to reach full parity, according to a report by JPMorgan
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We asked some prominent MAGA influencers and supporters what they think about International Women's Day....here's what they said
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Amazing visuals (and text) from the NYT on the state of drone warfare in Ukraine.
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Here is a very handy guide on all of Trump's executive orders so far. Good resource!
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And another two...
Coca-Cola and PepsiCo both government contractors, are preparing to comply with President Donald Trumpโs executive order banning DEI programs, according to people familiar with the matter
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Mexico President Claudia Sheinbaum threatened a civil lawsuit against Google for renaming the Gulf of Mexico to Gulf of America on its maps service
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Exclusive: Rothschild allegedly assaulted six women over three decades
A must-read investigation
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If a teacher wants guidance on how to support LGBTQ students...well, that web page no longer exists.
Itโs one of more than 350 government web pages related to the LGBTQ community that have been deleted from federal government websites
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Jamie Dimon said JPMorgan will scale back spending on some diversity initiatives that he sees as a waste of money, while he also reiterated the bankโs commitment to working with Black, Hispanic and LGBTQ communities
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Is DEI over?
It probably just seems that way.
Most companies havenโt announced the end to DEI and employment lawyers insist that most DEI programs remain legal, at least as the 1964 Civil Rights law has been interpreted by courts so far
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Goldman CEO David Solomon topped global headlines five years ago when he announced the bank would no longer underwrite IPOs for companies if their boards were all White men.
That came to an abrupt end this week, when Goldman abandoned its requirement.
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The US may use โtrade toolsโ to retaliate against European ESG regulations that affect American companies, said Howard Lutnick, US President Donald Trumpโs pick to become commerce secretary
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Scoop: McKinsey & Co. pledged to prioritize diversity across its workforce, despite US President Donald Trump ordering his government to push private firms to scrap equity and inclusion policies
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US State Department workers reviewing the passport applications of transgender people have been ordered to automatically categorize them as male or female based on evidence of their โbiological sex at birth," according to a memo seen by Bloomberg News
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More news on ending the push for diverse boards...Institutional Shareholder Services (ISS), a major adviser to investors on how to vote in company meetings, will stop considering diversity as a factor for US corporate boards
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Another DEI initiative bites the dust...this time Goldman Sachs is abandoning a significant pledge it made in 2020 to refuse initial public offering business with companies that had all White, male boards
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Booz Allen, a US government defense contractor, is ending its diversity, equity and inclusion programs, citing President Donald Trumpโs executive order pressuring federal suppliers to cancel diversity practices
๐Link: www.bloomberg.com/news/article...