Core Insights - Nvidia's annual report for this year is significantly leaner, omitting key sections on climate change and diversity compared to last year's report [1][2] - The company reported strong fiscal year 2026 earnings, with revenue of $68.1 billion, a 73% year-over-year increase, and profits of approximately $43 billion, up 94% from the previous year [7] Sustainability and Governance - The 2025 section on "sustainability and governance," which previously included commitments to clean energy and emissions, is absent in this year's report [1] - Sustainability is mentioned only in the context of business sustainability and compliance with related laws [1] Human Capital and Diversity - The human capital section has been significantly reduced, with previous subheadings on compensation, benefits, and diversity omitted this year [2] - Diversity is mentioned only in a single line regarding employee feedback systems, with no detailed discussion on diversity initiatives [3][4] China Market Focus - The report highlights the impact of U.S. government chip export restrictions on China, stating that Nvidia cannot deliver competitive products to the Chinese data center market [5] - The company acknowledges that this situation allows competitors to build larger customer bases globally, which could adversely affect Nvidia's business [6] Financial Performance - Nvidia's fiscal year 2026 earnings exceeded expectations, driven by strong demand for AI data center products, resulting in a notable increase in both revenue and profits [7]

By Jonathan Stempel NEW YORK, Feb 25 (Reuters) - AT&T has agreed to settle a lawsuit by four New York City ‌public pension funds by letting shareholders vote on whether ‌it should disclose the breakdown of its 133,000-person workforce by race, ethnicity and gender. New ​York City Comptroller Mark Levine announced the settlement on Wednesday, eight days after the funds sued to block AT&T from soliciting shareholder proxies that would have excluded their diversity proposal from consideration at ‌its 2026 a ...

American Express Co., Deere & Co. and Johnson & Johnson have dropped diversity criteria for selecting new board directors, according to a conservative shareholder activist group.Goldman Sachs Group Inc. is considering a similar change, Bloomberg confirmed earlier this week. The moves are the latest ways that pressure from conservatives is changing corporate management and governance. American Express signed an agreement in October with the nonprofit National Legal and Policy Center, an activist shareholder ...

Feb 24 (Reuters) - Colgate-Palmolive told the National Legal and Policy Center that it intends to ask investors to vote ‌against the conservative shareholder group's proposal to remove DEI-related criteria ‌in the company's selection process for its board members, according to a letter ​viewed by Reuters. The NLPC's proposal comes as several companies including Goldman Sachs, Walmart, Target and Meta dropped or considered altering their diversity, equity and inclusion (DEI) policies as U.S. President Do ...

MONTRÉAL, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Air Canada was named one of Canada's Best Diversity Employers for 2026, the eighth time in a decade the airline has received this recognition. "We’re proud to be recognized for our ongoing commitment to diversity, equity and inclusion. This award spotlights how our employees, resource groups, champions, leaders, and community partners work together to build a more fair, equitable, and inclusive future where everyone feels they belong," said Arielle Meloul-Wechsle ...

Bancorp, Inc. Increases its Common Stock Cash Dividends Paid for the 28th Consecutive YearLOUISVILLE, Ky.--([BUSINESS WIRE])--Republic Bancorp, Inc. (NASDAQ: RBCAA), parent company of Republic Bank & Trust Company, today announced a 10% increase in the Company's quarterly cash dividends. The quarterly cash dividend of $0.495 per share of Class A Common Stock and $0.45 per share on Class B Common Stock will be payable April 17, 2026, to shareholders of record as of March 20, 2026. The increased cash dividend ...

The board of Goldman Sachs recently updated its governance policy, removing formal DEI criteria from director selection. Other major banks, including JPMorgan Chase, Wells Fargo, and Morgan Stanley, have made similar adjustments. The headlines frame this as a retreat from diversity. A more important question is whether it creates space for a broader and more practical conversation about what kind of diversity boards actually need. The original premise of diversity initiatives grew out of mid-20th centu ...

How many of you have ever thought who teaches the machines to think right so who teaches the machines to think well as artificial intelligence learns from our languages our data and our everyday decisions it's also learning who we are but what is the story it's learning is missing half of humanity voice that for the women from this and that is the foundation of my talk today. I have over 20 years of experience in education. I have taught robotics, science and math and I have built STEM programs for our yout ...

Core Viewpoint - AT&T is facing a lawsuit from four New York City public pension funds for allegedly excluding a diversity proposal from shareholder voting, which requires the company to disclose its workforce demographics by race, ethnicity, and gender [1]. Group 1: Lawsuit Details - The lawsuit was filed in Manhattan federal court, claiming AT&T wrongfully refused to allow shareholders to vote on the diversity proposal [1]. - The pension funds argue that AT&T cited a new SEC policy from November that allows companies to exclude shareholder proposals if they claim a "reasonable basis" [1]. - The funds assert that SEC regulations do not justify AT&T's decision to block the vote, which they claim causes "irreparable" injury [1]. Group 2: Historical Context and Company Actions - AT&T has been submitting its diversity breakdown to the U.S. Equal Employment Opportunity Commission annually and publicly disclosed this information from 2021 to 2023 but ceased in 2024 without explanation [1]. - The plaintiffs include the New York City Employees' Retirement System and funds representing various public sector employees, such as police and teachers [1]. - The SEC has historically granted permission to companies to exclude shareholder proposals about half the time, indicating a trend in corporate governance practices [1]. Group 3: Broader Implications - The lawsuit reflects a broader trend where many companies have de-emphasized diversity, equity, and inclusion initiatives, particularly following political changes in the U.S. [1]. - SEC Chair Paul Atkins has indicated that many shareholder proposals may be invalid under Delaware law, where AT&T is incorporated [1].

Core Viewpoint - Goldman Sachs is planning to eliminate diversity rules for its board of directors, reflecting a broader retreat from diversity, equity, and inclusion (DEI) initiatives in corporate America [1][4]. Group 1: Changes in Diversity Policies - The bank will remove requirements related to race, gender identity, and sexual orientation from its director selection guidelines later this year [1]. - Goldman Sachs previously dropped a rule that prohibited taking companies public without diverse boards, stating that the policy had "served its purpose" [2][5]. - The bank has adjusted its diversity campaign "One Million Black Women," a $10 billion program, by removing references to race from its homepage [6]. Group 2: Board Composition and Shareholder Sentiment - Currently, five out of the bank's 14 board members are women, while 12 members are white [2]. - Only 2% of Goldman Sachs shareholders supported a motion for an audit of its race-based initiatives at the last annual meeting [5]. - The changes in policy follow pressure from the conservative National Legal and Policy Center (NLPC), which has advocated for a shareholder vote on dropping DEI initiatives [4]. Group 3: Leadership Statements and External Influences - David Solomon, the CEO, previously emphasized that DEI was a "top priority" for Goldman Sachs [7]. - The Trump administration's influence has contributed to the pressure on companies, including Goldman Sachs, to reduce DEI initiatives [6].