Tag: policies

  • Walmart shareholders send letter of support for reigning in DEI policies

    Walmart shareholders send letter of support for reigning in DEI policies

    FIRST-ON-FOX: Walmart investors supportive of the company’s decision to roll back its DEI initiatives have issued a letter urging the big box retailer to stay the course as it faces immense backlash from Democratic officials and left-wing shareholders.

    The letter — which was drafted by the Alliance Defending Freedom, a conservative group, and signed by a collection of over 60 investors, advisors and proxy consultant groups — hails Walmart’s decision to roll back DEI, saying the decision “restores the promise of the American Dream.”

    ADF senior counsel Jeremy Tedesco told Fox News Digital he hopes the letter will give Walmart the “courage and the arguments they need to continue with what was a very good decision.”

    TOYOTA FOLLOWS GROWING TREND OF COMPANIES HALTING DELI POLICIES AND INITIATIVES

    A group of investors sent a letter to Walmart to support their decision to roll back their DEI policies. 

    “Walmart, the best decision for them, is to put DEI in the dustbin of bad corporate policy decisions,” Tedesco said.

    The retailer announced in November that they would be reigning in their DEI policies, joining a growing list of corporations that have scaled back their DEI initiatives. Walmart vowed to remove certain third-party transgender products inappropriately marketed towards children from their online stores, and review grants given to Pride events to avoid sexualized programming targeted towards children.

    Walmart also ended its participation in the Human Rights Campaign’s Corporate Equality index, which grades companies on its LGBTQ policies, and vowed to cease using the terms “LatinX” and “DEI” in official communications.

    CATERPILLAR MAKES POLICY CHANGES IN YET ANOTHER CORPORATE DEI ROLLBACK

    John Furner

    Walmart U.S. President and CEO John Furner addresses the company’s rollback of DEI policies on “CBS Mornings.” (CBS/Screenshot / Fox News)

    “Like many companies all across the U.S., we’ve been on a journey,” Furner said. “We’ll continue to be on a journey. And what we’re trying to do is to ensure every customer, every associate feels welcomed here in the shop and to feel like they belong,” Walmart US CEO and President John Furner told CBS Mornings in November.

    The letter was drafted in response to a previous letter drafted by 30 Walmart shareholders blasting their DEI rollbacks.

    “Seeing the company retreat from its stated values and the business opportunities associated with a diverse and inclusive workforce is very disheartening, additionally, Walmart has not offered a financial or business case for this change in policy, but the company identified advancing ‘belonging, diversity, equity and inclusion’ as one of four priority ESG issues that offer the greatest potential for Walmart to create shared value,” the signatories wrote in January.

    JUDGE ORDERS WALMART SHOPLIFTERS TO WASH CARS IN STORE PARKING LOT

    Target was hit by a class action suit over their DEI policies.  (David Paul Morris/Bloomberg via Getty Images / Getty Images)

    Walmart, which is the country’s largest private employer, was targeted by 13 Democratic state attorneys general, which also sent a letter the day after the left-wing shareholders pressed the retailer to reconsider its decision to eliminate many of its DEI initiatives.

    “Threats to boycott, sue or otherwise negatively impact Walmart’s bottom line may well have contributed to your decision to walk away from your commitments to DEI. But we are concerned that Walmart failed to consider the other side — the customers and employees that will be alienated by this departure,” the state AG’s wrote.

    Bowyer Research fund president Jerry Bowyer says that Walmart was “smart” to move away from DEI and feels that Democratic-led states are attempting to intimidate the retailer into backsliding on DEI by throwing their weight and pension money around.

    Bowyer, a signatory to the letter, said Walmart meant well in adopting DEI in the wake of George Floyd’s death, but failed to “read the fine print” on how these policies would require them to “stop treating people equally.”

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    Inspire Investing CEO Robert Netzly, told Fox News Digital that his firm, which represents faith-based investors from across the country, signed the letter because his clients have “deep concerns” about DEI and view the policies as “immoral” and “divisive.”

    “Those policies not only hurt the people who work there by providing an unfair and discriminatory environment, but also introduce legal risks and shareholder risk from [a] financial standpoint,” he said.

    Walmart didn’t immediately respond to a request for comment. 

  • Department of Education probing some Virginia school districts over gender identity policies

    Department of Education probing some Virginia school districts over gender identity policies

    The U.S. Department of Education is launching an investigation into several school districts in northern Virginia over allegations of refusing to follow President Donald Trump’s executive order banning gender identity policies.

    The department’s Office for Civil Rights opened an enforcement investigation into the school districts, according to Fox 5 DC.

    The districts include Arlington County Public Schools, Alexandria City Public Schools, Fairfax County Public Schools, Loudoun County Public Schools and Prince William County Public Schools.

    This comes after the conservative nonprofit America First Legal filed a complaint accusing several schools in Virginia of keeping policies promoting gender identity in place in violation of the president’s mandate.

    DEPARTMENT OF EDUCATION WARNS THAT PUBLIC SCHOOLS MUST REMOVE DEI POLICIES OR LOSE FEDERAL FUNDING

     The U.S. Department of Education building is seen on August 21, 2024, in Washington, D.C. (Getty Images)

    The complaint argues that the districts are violating Title IX of the higher education act of 1972 that prohibits sex-based discrimination in schools and Trump’s executive order titled “Ending Racial Indoctrination in K-12 Schools,” which called on some federal agencies to develop a plan to eliminate the “instruction, advancement or promotion of gender ideology or discriminatory equity ideology” in K-12 schools receiving federal funding.

    America First Legal stresses that the federal government prohibits “instruction, advancement or promotion of gender ideology” — as mentioned in Trump’s order — and argues that allowing biological boys to use girls’ restrooms and locker rooms is covered in this language.

    TRUMP EDUCATION NOMINEE LINDA MCMAHON SAYS SHUTTING DOWN DOE WOULD ‘REQUIRE CONGRESSIONAL ACTION’

    DOE

    The U.S. Department of Education building in Washington, D.C.  (STEFANI REYNOLDS/AFP via Getty Images)

    The group described the districts named in the complaint as radical and lawless and that the districts would rather “deny biology than teach it and one family agrees.”

    Arlington Public Schools said it stands firmly behind its non-discrimination policies and remains committed to providing safe and welcoming schools for all students, according to Fox 5 DC. The district said it follows all federal laws with respect to Title IX.

    Prince William County Public Schools said it will “cooperate with the investigation and remains committed to providing a welcoming, nurturing learning environment where all of our students feel safe and supported mentally, physically, and emotionally.”

    Trump in Oval Office

    President Donald Trump speaks to reporters in the Oval Office of the White House on February 3, 2025, in Washington, D.C. (Anna Moneymaker/Getty Images)

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    Alexandria City Public Schools said it “will respond to this investigation in accordance with applicable law.” Loudoun County Public Schools made a similar statement.

    Fairfax County Public Schools said its policies “align with state and federal anti-discrimination laws and binding court precedent.”

  • Department of Education warns that public schools must remove DEI policies or lose federal funding

    Department of Education warns that public schools must remove DEI policies or lose federal funding

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    The Department of Education is warning state education departments that they must remove diversity, equity and inclusion policies or risk losing federal funding.

    A letter from the Department of Education Office for Civil Rights was sent to the departments of education in all 50 states, notifying them that they have no more than 14 days to comply. The letter was shared on social media by the Elon Musk-led Department of Government Efficiency.

    “Institutions that fail to comply with federal civil rights law may, consistent with applicable law, face potential loss of federal funding,” Craig Trainor, acting assistant secretary for civil rights in the Department of Education, said in the letter.

    The letter said the “overt and covert racial discrimination that has become widespread in this Nation’s educational institutions” will no longer be tolerated.

    TRUMP EDUCATION NOMINEE LINDA MCMAHON SAYS SHUTTING DOWN DOE WOULD ‘REQUIRE CONGRESSIONAL ACTION’

    The U.S. Department of Education building is seen in Washington, Nov. 18, 2024.  (Jose Luis Magana/AP)

    It argues that a Supreme Court ruling in Students for Fair Admissions v. Harvard, which found that affirmative action in Harvard University’s admission process violated the equal protection clause of the Fourteenth Amendment, should apply more broadly.

    “The law is clear: treating students differently on the basis of race to achieve nebulous goals such as diversity, racial balancing, social justice, or equity is illegal under controlling Supreme Court precedent,” the letter reads.

    DEMS SPAR OVER DOGE CUTS WITH TRUMP EDUCATION NOMINEE LINDA MCMAHON

    US Department of Education

    The U.S. Department of Education building is seen on August 21, 2024, in Washington, D.C. (Getty Images)

    Trainor said the Department of Education will “vigorously enforce the law on equal terms as to all preschool, elementary, secondary, and postsecondary educational institutions, as well as state educational agencies, that receive financial assistance.”

    The letter urges state education departments to “ensure that their policies and actions comply with existing civil rights law … cease all efforts to circumvent prohibitions on the use of race by relying on proxies or other indirect means to accomplish such ends” and “cease all reliance on third-party contractors, clearinghouses, or aggregators that are being used by institutions in an effort to circumvent prohibited uses of race.”

    DOE

    The U.S. Department of Education building in Washington, D.C.  (STEFANI REYNOLDS/AFP via Getty Images)

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    The letter comes after President Donald Trump signed executive orders directing agencies to provide a plan to eliminate federal funding for “illegal and discriminatory treatment and indoctrination in K-12 schools, including based on gender ideology and discriminatory equity ideology.” He also signed orders to end DEI programs in federal agencies.

    The Department of Education previously announced the removal of mention of DEI from documents and websites. The department also placed employees that led DEI initiatives on leave and dissolved its Diversity & Inclusion Council.

  • New poll reveals which Trump policies Americans love and hate

    New poll reveals which Trump policies Americans love and hate

    Americans are giving a big thumbs up to some of the early actions taken by President Donald Trump during the opening weeks of his second administration.

    However, a new national poll also indicates that the public also gives a thumbs down to other moves made by Trump during his avalanche of action since returning to the White House on Jan. 20.

    Trump has signed 63 executive orders since his inauguration, according to a count from Fox News, which far surpasses the rate of any presidential predecessors during their first weeks in office.

    According to a Marquette Law School Poll national survey released on Wednesday, the most popular action sampled is Trump’s executive order mandating the federal government recognize only two sexes – male and female.

    TRUMP HITS WARP SPEED HIS FIRST WEEK BACK IN OFFICE

    President Donald Trump holds up an executive order after signing it at an indoor Presidential Inauguration parade event in Washington, D.C., on Monday, Jan. 20, 2025. (AP Photo/Matt Rourke)

    Sixty-three percent of adults nationwide supported the move, with just 37% opposed, the survey indicates.

    The gender order, signed by Trump hours after his inauguration, states that it will “defend women’s rights and protect freedom of conscience by using clear and accurate language and policies that recognize women are biologically female, and men are biologically male.”

    The order required that the federal government, going forward, use the term “sex” rather than “gender” and mandated that “government-issued identification documents, including passports, visas, and Global Entry cards, accurately reflect the holder’s sex.”

    TRUMP UNPLUGGED: WHAT THE NEW PRESIDENT IS DOING THAT BIDEN RARELY DID

    It reversed a 2022 move by former President Joe Biden’s administration to allow U.S. citizens to be able to select the gender-neutral “X” on their passports.

    During his successful 2024 campaign to win back the White House, Trump repeatedly pledged to roll back protections for transgender and nonbinary people. His campaign spotlighted an ad which ran in key battleground states that claimed former Vice President Kamala Harris “is for they/them. President Trump is for you.”

    The poll indicates a large partisan divide, with 94% of Republicans and two-thirds of independents but just 27% of Democrats supporting the executive order.

    President Donald Trump speaks at an indoor Presidential Inauguration parade event at Capital One Arena

    President Donald Trump speaks at an indoor Presidential Inauguration parade event at Capital One Arena on Monday, Jan. 20, 2025 in Washington, D.C. (Evan Vucci/AP Photo)

    Another popular move, according to the poll: 6 in 10 said they favor expanding oil and gas production.

    Some of Trump’s numerous actions on immigration and border security also grabbed a thumbs up.

    Sixty percent said they support deporting immigrants who entered the U.S. illegally, and 59% favored declaring a national emergency at the nation’s southern border with Mexico due to migrant crossings.

    However, the survey also found that 57% opposed deporting immigrants who have resided in the United States illegally for a number of years, but who have jobs and no criminal record.

    HEAD HERE FOR FOX NEWS UPDATES ON PRESIDENT TRUMP’S FIRST 100 DAYS IN THE WHITE HOUSE

    Also getting a big thumbs down – Trump’s Day One pardon or commuting the sentences of nearly all the Trump supporters who attacked the U.S. Capitol on Jan. 6, 2021 to upend congressional certification of Biden’s 2020 Electoral College victory over Trump. Sixty-five percent opposed the move by the president.

    An equal number of respondents also do not support Trump’s repeated declarations that the U.S. will take back the Panama Canal.

    President Trump signs proclamation

    On his way to Super Bowl LIX, President Donald Trump signed an order declaring Feb. 9 as “Gulf of America Day.” (Daniel Torok/Chief White House Photographer)

    Additionally, Trump’s renaming of the Gulf of Mexico as the Gulf of America is opposed by 71% of adults nationwide, according to the poll.

    Fifty-seven percent of Republicans support the renaming, but backing drops to just 16% among independents and 4% among Democrats.

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    The Marquette Law School Poll, which was conducted Jan. 27-Feb. 5, indicates Trump starts his second term with a 48% approval rating and a 52% disapproval rating.

    “In the new poll, as in the past, approval is closely related to partisanship, with 89% of Republicans approving of Trump, a view shared by 37% of independents and 9% of Democrats,” the poll’s release noted, as it spotlighted the massive partisan divide.

    Fox News’ Mary Schlageter contributed to this report

  • Pope blasts Trump admin over mass deportation plan, directs ire at Vance’s religious defense for policies

    Pope blasts Trump admin over mass deportation plan, directs ire at Vance’s religious defense for policies

    Pope Francis on Tuesday issued a major rebuke of the Trump administration’s plans for the mass deportations of migrants, stressing that the forceful removal of people simply for their immigration status deprives them of their inherent dignity and “will end badly.”

    Francis wrote a letter to U.S. bishops in which he appeared to criticize Vice President JD Vance’s religious argument in defense of the deportation policies.

    U.S. border czar Tom Homan responded to the pope, saying that the Vatican is a city-state surrounded by walls and that Francis should leave immigration enforcement to him. Homan, a Catholic, also said Francis should focus on fixing the Catholic Church rather than U.S. immigration policies.

    “He wants to attack us for securing our border. He’s got a wall around the Vatican, does he not?” Homan told reporters. “So he’s got a wall around that protects his people and himself, but we can’t have a wall around the United States.”

    DOZENS OF RELIGIOUS GROUPS SUE TO STOP TRUMP ADMIN FROM ARRESTING MIGRANTS IN PLACES OF WORSHIP

    Pope Francis presides over a mass for the jubilee of the armed forces in St. Peter’s Square at The Vatican, Sunday Feb. 9, 2025. (AP)

    As the first Latin American pope, Francis has long held the position of caring for migrants, pointing to the biblical command to “welcome the stranger” in calling on countries to welcome, protect, promote and integrate people fleeing conflicts, poverty and climate disasters.

    Francis and President Donald Trump have long butted heads over the issue of immigration, including prior to Trump’s first term, when Francis said in 2016 that anyone who builds a wall to keep migrants out was “not a Christian.”

    In his letter, Francis acknowledged that governments have the right to defend their countries and keep their communities safe from criminals, but said the deportation of people who fled their countries due to various difficult circumstances damages their dignity.

    “That said, the act of deporting people who in many cases have left their own land for reasons of extreme poverty, insecurity, exploitation, persecution or serious deterioration of the environment, damages the dignity of many men and women, and of entire families, and places them in a state of particular vulnerability and defenselessness,” he wrote.

    Pointing to the Book of Exodus in the Bible and Jesus Christ’s experience, Francis emphasized the right of people to seek shelter and safety in other lands and said the Trump administration’s deportation plan was a “major crisis.”

    Anyone educated in Christianity, he said, “cannot fail to make a critical judgment and express its disagreement with any measure that tacitly or explicitly identifies the illegal status of some migrants with criminality.”

    “What is built on the basis of force, and not on the truth about the equal dignity of every human being, begins badly and will end badly,” he continued.

    POPE FRANCIS CALLS TRUMP’S DEPORTATION PLAN A ‘DISGRACE’

    Pope Francis sitting

    Pope Francis at his weekly audience in the Vatican on Feb. 28, 2024.  (AP Photo/Andrew Medichini)

    The president of the U.S. Conference of Catholic Bishops, Archbishop Timothy Broglio, thanked the pope for his letter.

    “With you, we pray that the U.S. government keep its prior commitments to help those in desperate need,” Broglio wrote. “Boldly I ask for your continued prayers so that we may find the courage as a nation to build a more humane system of immigration, one that protects our communities while safeguarding the dignity of all.”

    White House press secretary Karoline Leavitt said last week that more than 8,000 people had been arrested since Trump took office Jan. 20 as part of the president’s plan to detain and deport immigrants in the country illegally, although hundreds of those arrested have since been released back into the U.S. Others have been deported, are being held in federal prisons or are being held at the Guantánamo Bay Cuba, detention camp.

    Vance, a Catholic convert, has defended the administration’s deportation plans by citing a concept from medieval Catholic theology known in Latin as “ordo amoris,” which he has said describes a hierarchy of care: prioritizing the family first, then the neighbor, community, fellow citizens and lastly those from other regions.

    But Francis sought to fact-check Vance’s understanding of the concept.

    “Christian love is not a concentric expansion of interests that little by little extend to other persons and groups,” Francis wrote in his letter. “The true ordo amoris that must be promoted is that which we discover by meditating constantly on the parable of the ‘Good Samaritan,’ that is, by meditating on the love that builds a fraternity open to all, without exception.”

    J.D. Vance walks into the Senate Chamber on Capitol Hill

    J.D. Vance walks into the Senate Chamber on Capitol Hill on April 23, 2024, in Washington, D.C.  (Andrew Harnik/Getty Images)

    As Homan referenced, the Vatican is a walled-in, 108-acre city-state inside Rome, and it recently increased sanctions for anyone who enters illegally. The law, approved in December, calls for people to face up to four years in prison and a fine of up to 25,000 euros, or $25,873, if they enter with “violence, threat or deception,” including by evading security checkpoints.

    The U.S. bishops conference had already released a statement condemning Trump’s immigration policies after his first executive orders.

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    Anyone “focused on the treatment of immigrants and refugees, foreign aid, expansion of the death penalty, and the environment, are deeply troubling and will have negative consequences, many of which will harm the most vulnerable among us,” the statement said.

    Cardinal Blase Cupich of Chicago praised Francis’ letter, telling Vatican Media that it showed the pope viewed “the protection and advocacy for the dignity of migrants as the preeminent urgency at this moment.”

    The Associated Press contributed to this report.

  • Maryland lawmakers consider bill to roll back sanctuary policies in blue state

    Maryland lawmakers consider bill to roll back sanctuary policies in blue state

    Lawmakers in Democrat-run Maryland are considering a bill to roll back sanctuary policies and increase cooperation with U.S. Immigration and Customs Enforcement in certain scenarios.

    Maryland’s Senate Bill 387, or the Protecting Marylanders From Violent Offenders Act of 2025, would require local law enforcement and correction officers to turn over illegal immigrants to ICE if the individual was convicted of a violent crime, terrorism, participation in a criminal street gang, or an aggravated felony such as trafficking drugs or firearms.

    Republican Sen. William Folden, the bill’s author, told FOX45 Baltimore that the bill is “only for the most violent offenders.”

    “This isn’t about trying to turn any communities against each other,” Folden said. “This is about keeping our communities safe from these repeat violent offenders that some jurisdictions keep putting back out into the community and that’s not safe for anyone.”

    SANCTUARY CITY MAYORS TO TESTIFY AT HOUSE OVERSIGHT AFTER AG BONDI CUTS THEM OFF FROM FEDERAL FUNDS

    U.S. Immigration and Customs Enforcement Baltimore Field Officer director Matt Elliston listens during a briefing, Monday, Jan. 27, 2025, in Silver Spring, Maryland. (AP Photo/Alex Brandon)

    Critics of the bill, however, say the legislation threatens constitutional rights.

    Sanctuary policies in Howard and Prince George’s County currently prohibit local authorities from cooperating with ICE agents. 

    Maryland’s attorney general has also issued guidance to local authorities on immigration detainers in a 2025 memorandum, stating detainers “are requests only; local officers are not obligated to honor them, and, in fact, risk violating constitutional rights by doing so.”

    U.S. Immigration and Customs Enforcement officers

    U.S. Immigration and Customs Enforcement officers wait to detain a person, Monday, Jan. 27, 2025, in Silver Spring, Md. (AP Photo/Alex Brandon)

    The Maryland bill, which is currently under committee consideration in the state Senate, would take effect on Oct. 1, 2025, if enacted.

    TRUMP DOJ SLAPS ILLINOIS, CHICAGO WITH LAWSUIT OVER SANCTUARY LAWS

    Since taking office last month, President Donald Trump has conducted a sweeping crackdown on illegal immigration, with ICE officials making several criminal arrests over the last weeks in many left-leaning “sanctuary” cities, including Philadelphia, Boston, Denver, and Washington, D.C.

    While leaders in some sanctuary cities have refused to cooperate with ICE as immigration raids continue, Trump border czar Tom Homan delivered a bold message to those cities: “We’re going to keep coming” no matter what.

    “They’re not going to stop us,” he said Sunday, stressing that criminal illegal immigrant gang members such as Tren de Aragua have “no safe haven” from the rule of law.

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    “We’re going to find them. We’re going to arrest them, and take them off the streets,” Homan said, referring to the criminal gang members.

    Fox News Digital’s Peter Pinedo and Taylor Penley contributed to this report.

  • Accenture dropping corporate DEI policies

    Accenture dropping corporate DEI policies

    Accenture is taking steps to end its global diversity, equity and inclusion (DEI) goals amid changes in the U.S. political and legal landscape, according to an internal memo reviewed by FOX Business.

    The global information technology (IT) and management consulting firm said in a memo from CEO Julie Sweet to employees on Thursday that it is “sunsetting” its diversity goals it established in 2017, which had largely been achieved, while DEI targets will no longer be used to assess staff performance. The Financial Times was the first to report the development.

    The company is winding down career development programs “for people of specific demographic groups” and is planning on “investing more in our core career development programs across Accenture as part of refreshing our talent strategy.”

    Accenture is also pausing its submissions to external diversity benchmarking surveys while it takes time to evaluate its participation in those surveys.

    TRUMP LEADS A PUSHBACK AGAINST DEI, BUT THESE COMPANIES ARE NOT BACKING DOWN

    Accenture joined the growing list of companies rolling back DEI policies. (Smith Collection/Gado/Getty Images / Getty Images)

    Sweet noted the “evolving landscape in the United States, including recent executive orders with which we must comply” as contributing to the moves.

    Ticker Security Last Change Change %
    ACN ACCENTURE PLC 387.34 -10.91 -2.74%

    “We are and always have been a meritocracy. We are and always have been committed to an inclusive, merit-based workplace free from bias, and a culture in which all our people are respected, feeling a sense of belonging and have equal opportunity,” Sweet wrote.

    GOOGLE DROPS DIVERSITY HIRING TARGETS, REVIEWING DEI POLICIES: REPORT

    “We have always believed that attracting, hiring and developing people who have different backgrounds, different perspectives and different experiences are essential to driving innovation and serving global companies across multiple industries,” she added.

    Sweet’s memo noted that Accenture is continuing to support Employee Resource Groups and Networks, which are “open to all of our people and have broad participation, membership and allyship.”

    IS DEI DYING? HERE’S THE LIST OF COMPANIES THAT HAVE ROLLED BACK THE ‘WOKE’ POLICIES

    Employees work with a skyline view

    Accenture is winding down the DEI policies it created in 2017 and updated in 2020. (Brian Cassella/Chicago Tribune/Tribune News Service via Getty Images / Getty Images)

    Accenture’s announcement comes as several major companies have dropped or revised DEI policies over the last year.

    Amazon, Facebook parent Meta, Google, McDonald’s, Boeing, Molson Coors, Lowe’s, Harley-Davidson, Deere, Apple, Target, Vanguard and more have all announced changes to diversity goals and policies since 2024.

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    Reuters contributed to this report.

  • Target hit with class action suit claiming they mislead investors over DEI policies

    Target hit with class action suit claiming they mislead investors over DEI policies

    Target was hit with a class action lawsuit Friday after shareholders alleged the national retailer misled investors about the risks of its DEI initiatives, which led to consumer boycotts and its stock price to tank.

    The class action suit, led by the City of Riviera Beach Police Pension Fund, alleges that Target misused investor funds for “political and social goals,” and duped investors into buying stock at “artificially inflated prices.” The suit claims that Target made fraudulent public statements regarding the board overseeing the risks of its DEI initiatives, and the executives and board misled investors about the risks those programs posed. 

    Target’s stock price plummeted 22% on November 20, 2024, destroying nearly $16 billion in market cap in a single day after the retailer reported disappointing earnings. The dive in prices, came after Target became embroiled in a nation-wide controversy surrounding its DEI and Pride initiatives.

    TARGET HOLDS ‘EMERGENCY’ MEETING OVER LGBTQ MERCHANDISE IN SOME STORES TO AVOID ‘BUD LIGHT SITUATION’

    Target’s new Pride adult one piece swimsuit featuring “tuck-friendly construction” and “extra crotch coverage.” (Brian Flood/FOX Business / Fox News)

    The retailer faced severe backlash in 2023 after they sold “tuck friendly” female-style bathing suits and mugs displaying the term “gender fluid” as part of their Pride store displays. Target executives were forced to hold an emergency meeting as they feared consumer backlash would lead to a “Bud Light” situation. Target’s sales fell 5.4% in the quarter ending Jul 2023, the first time its sales dropped in six years, according to the lawsuit. 

    The lawsuit claims that Target’s board only oversaw the risks of not adopting DEI and ESG initiatives, and was only concerned with backlash from the left. The left-wing backlash Target was concerned with was not authentic, the suit alleges, and was instead associated with nonprofit “stakeholders” that the store was actively working with to adopt DEI mandates which were detrimental to the business. The suit claims that the so-called risks posed by these nonprofits was little more than a pretext to establish DEI mandates in the first place. 

    Additionally, Target’s CEO Brian Cornell and board failed to disclose the “known risks” of the store’s 2023 and 2024 pride campaigns, the lawsuit alleges.

    TARGET CONFIRMS ‘ADJUSTMENTS’ TO PRIDE PLANS AFTER LGBTQ MERCHANDISE CAUSED ‘THREATS’ TO EMPLOYEES

    Protesters outside of target

    Target sales suffered after a controversy erupted over its Pride merchandise.  (Getty Images)

    “This deceit, through misleading statements in the Company’s public filings, including its 10-Ks and proxy statements, caused Target’s investors to purchase Target stock at artificially inflated prices and to unknowingly support Target’s Board and management in their misuse of investor funds to serve political and social goals,” the filing stated.

    Target allegedly had executives implement their DEI initiatives who had “disabling” conflicts of interest. Senior executive Carlos Saavedra and Vice President and Chief Food and Beverage Officer, Rick Gomez both held positions at the LGBTQ rights organization GLSEN. The lawsuit alleges that these roles imposed “conflicting duties” on the executives. 

    TED CRUZ EXPLAINS WHY A TARGET BOYCOTT WON’T WORK LIKE BUD LIGHT

    Target shopping carts

    The lawsuit claims investors were duped.  (David Paul Morris/Bloomberg via Getty Images / Getty Images)

    “Target’s chief diversity officer also indicated her personal commitment to advancing “racial equity” for its own sake, even if it was “provocative,” and singled out “white women” for special obligations to this cause,” the lawsuit claimed. 

    The company announced it was rolling back its DEI programs in January. In response, organizers of the Twin Cities Pride Festival have announced that the retailer is no longer welcome at the parade. 

  • ‘Exciting chapter’: Interior Sec takes aim at Biden oil lease ban, ‘coercive’ climate policies in Day 1 orders

    ‘Exciting chapter’: Interior Sec takes aim at Biden oil lease ban, ‘coercive’ climate policies in Day 1 orders

    President Donald Trump’s administration is taking aim at various Biden-era environmental rules and regulations by stripping the energy sector of “coercive” climate policies and oil lease bans, and launching internal investigations into agency actions that “burden” energy development.

    Secretary of Interior Doug Burgum, who was sworn-in on Friday, spent his first full day on the job implementing six new orders that reinforce Trump’s agenda and set the tone for the department over the next four years.

    The secretary’s orders include examining ways to eliminate “harmful” and “coercive” climate policies, lifting Biden-era bans on oil and gas leases, and conducting a review of the legislation that funded the former administration’s green energy agenda, known as the Inflation Reduction Act (IRA).

    “Today marks the beginning of an exciting chapter for the Department of the Interior,” Burgum said in a statement. “We are committed to working collaboratively to unlock America’s full potential in energy dominance and economic development to make life more affordable for every American family while showing the world the power of America’s natural resources and innovation.”

    FEDERAL AGENCIES SCRUB CLIMATE CHANGE FROM WEBSITE AMID TRUMP REBRANDING

    Then-North Dakota Gov. Doug Burgum speaks during a Senate Energy and Natural Resources Committee confirmation hearing in Washington, D.C., on Thursday, Jan. 16, 2025. (Al Drago)

    In a press release issued on Monday, Burgum announced the department’s first initiatives.

    The DOI pledged to expedite the completion of all authorized infrastructure and environmental projects to address the National Energy Emergency, which was declared by Trump on Inauguration Day.

    ‘SCREAM NIGHT’: CLIMATE ACTIVISTS REPEATEDLY DISRUPT DNC LEADERSHIP MEETING

    The department will also conduct a review of all appropriations from the IRA, after former President Joe Biden spent the remaining months of his presidency trying to rapidly dish out funds from the bill to fund green energy projects across the country. 

    Donald Trump smiles in a navy suit and red tie

    President Donald Trump arrives at an election night watch party at the Palm Beach Convention Center on Wednesday, Nov. 6, 2024. (Evan Vucci)

    Additionally, the DOI said that for every new regulation issued, the department will eliminate at least 10 existing ones as part of Trump’s “deregulation agenda.”

    Burgum also demanded “immediate compliance” with Trump’s overturning of Biden’s oil and gas lease ban, specifically in the Outer Continental Shelf, and said the department will be conducting a review of all agency actions that “potentially burden the development of domestic energy resources.”

    The DOI, on Monday, also withdrew a June 2021 Biden administration order that halted oil and gas leasing in the Arctic National Wildlife Refuge, a coastal plain that the first and second Trump administrations have eyed as an oil and gas resource. 

    President Joe Biden

    Former President Joe Biden implemented several environmental regulations during his term. (Kevin Dietsch)

    “Together, we will ensure that our policies reflect the needs of our communities, respect tribal sovereignty, and drive innovation that will keep the U.S. at the forefront of energy and environmental leadership,” Burgum said in a statement.

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    Climate activist groups, however, have not been supportive of Burgum’s nomination.

    “From opening more public lands for extraction to attacking countless protections of lands, water, and wildlife, it’s clear that President Trump is committed to expanding fossil fuels and catering to industry at the expense of our climate, public lands and waters, and wildlife,” Earthjustice, an environmental law group, wrote in opposition to Burgum’s nomination.

  • NFL’s Roger Goodell defends league’s DEI policies, sees the benefits

    NFL’s Roger Goodell defends league’s DEI policies, sees the benefits

    NFL Commissioner Roger Goodell defended the league’s diversity, equity and inclusion (DEI) policies during a pre-Super Bowl LIX press conference with media members on Monday.

    President Donald Trump signed an executive order to end DEI programs across the federal government in his first few days back at the White House.

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    NFL commissioner Roger Goodell speaks during a news conference, Monday, Feb. 3, 2025, in New Orleans, ahead of the NFL Super Bowl 59 football game between the Philadelphia Eagles and the Kansas City Chiefs.  (AP Photo/Matt York)

    Goodell was asked about the league’s commitment to diversity at the press conference.

    “We got into diversity efforts because we felt like it was the right thing for the National Football League, and we’re going to continue those efforts because we’ve not only convinced ourselves, we’ve proven ourselves, that it does make the NFL better,” Goodell said. “We’re not in this because it’s a trend to get in or a trend to get out of it. 

    “Our efforts are fundamental in trying to attract the best possible talent in the National Football League both on and off the field as I said previously. We see that. We see how it benefits the National Football League, and so I think we’ll continue those efforts.”

    Goodell said the league’s DEI efforts were a reflection of the foundation of the league.

    “I think it’s also clearly a reflection on our fan base and our communities and our players. People talk a lot about the Rooney Rule… for us there’s no requirement to hire a particular individual on the basis of race or gender. It’s simply on the basis of looking at a campus of candidates that reflect our communities and to look at the kind of talent that exists there, and then you make the best decision on who is hired,” he added.

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    Roger Goodell looks on

    NFL commissioner Roger Goodell speaks during a news conference, Monday, Feb. 3, 2025, in New Orleans, ahead of the NFL Super Bowl 59 football game between the Philadelphia Eagles and the Kansas City Chiefs.  (AP Photo/Matt York)

    “So many of us, including the National Football League at our office, are doing that voluntarily at all levels because it has benefited us. And I hear that from companies on a global basis. That’s a very strong hiring practice we’re adopting also.”

    With Trump nixing DEI efforts in the government, some companies have rolled back their own initiatives. Walmart, McDonald’s Amazon, Ford and Lowe’s being just some of those companies.

    Goodell was asked if there would be any consternation between the league and its corporate sponsors should the companies roll back DEI initiatives.

    “We don’t make policies for our sponsors or any of the corporations or networks or partners that we deal with,” he said. “We have a lot of conversations about the importance of it to us. We will obviously take everything into consideration…  There’s a lot of corporations who have been tied to so-called changing their diversity policies and haven’t really called directly about that. There’s a lot of conversations that go on about that.”

    Goodell said he didn’t have time to reflect about his role in the NFL’s diversity commitment but believed it made the league better.

    “I am proud of it in this sense — I believe our diversity efforts have led to making the NFL better. It’s attracted better talent. We think we’re better when we get different perspectives, people with different backgrounds, whether they’re women or men or people of color — we make ourselves stronger, and we make ourselves better when we have that,” he said.

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    “It’s something I think will have a tremendous impact on this league for many, many years. We win on the field with the best talent and the best coaching and I think the same is true off the field.”

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