Goldman Sachs plans to remove diversity criteria from factors considered in identifying potential board candidates, the WSJ reports https://t.co/6c0fRlFzNq ...

RT Dale Partridge (@dalepartridge)“Diversity” has always been code for:“less white people.”“less heritage Americans.”“less Christians.”No historic nation has ever viewed a “diversity” of ethnicities, cultures, and religions as a national virtue.Diversity is not a national strength, but a weakness. ...

Group 1: Norwegian Cruise Line Holdings Ltd. (NCLH) - Elliott Investment Management has acquired a significant stake exceeding 10% in Norwegian Cruise Line Holdings Ltd. (NCLH), positioning itself as one of the largest shareholders and indicating a push for operational changes and board representation [2][9] - Elliott is collaborating with Adam Goldstein, the former Chief Operating Officer of Royal Caribbean, as a potential board nominee to influence management and address NCLH's recent underperformance compared to industry peers like Royal Caribbean [3][9] - Norwegian Cruise Line announced a long-term agreement with Fincantieri to construct three new ships for delivery between 2036 and 2037, aiming for disciplined fleet growth and leverage reduction [3] Group 2: US Consumer Landscape - The US consumer landscape is under significant pressure, with student loan serious delinquencies reaching a record 16.2% in Q4 2025, up from 14.3% in the previous quarter, indicating a sharp increase in financial distress among borrowers [4][9] - Total nominal household debt has risen to $18.8 trillion, with low-income borrowers and individuals aged 18-49 experiencing the most distress, which may negatively impact discretionary spending in the first half of 2026 [5] Group 3: Goldman Sachs Group Inc. (GS) - Goldman Sachs has decided to eliminate its formal board diversity policy, which mandated that companies it took public have at least two diverse directors, citing recent legal developments as the reason for this change [6][7] - Despite removing the formal mandate, Goldman executives stated that the policy had served its purpose as a catalyst for change and will continue to advocate for diverse perspectives through informal advisory channels [7] Group 4: Global Markets - Japanese 10-year government bond yields fell to 2.165%, the lowest level in over a month, following disappointing Q4 2025 GDP growth data of only 0.1%, which was below the expected 0.4% [8][9] - Global equity futures are trading lower, with S&P 500 E-mini contracts down 0.3% and Nasdaq futures down 0.6%, as investors express concerns over structural risks related to rapid artificial intelligence adoption [9][10]

Goldman Sachs plans to drop DEI from board-candidate criteria, WSJ reports | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Goldman Sachs logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration [Purchase Licensing Rights, opens new tab]- Companies[Goldman Sachs Group Inc]Follow[Citigroup Inc]Follow[Morgan Stanley]FollowFeb 16 (Reuters) - Goldman Sachs [(GS.N), opens new tab] is preparing to eliminat ...

RT C3 (@C_3C_3)A generation of white people were openly racially discriminated against in the name of…Diversity.So wrong. https://t.co/LlBs7SE9Zg ...

Core Insights - Cherryrock Capital, founded by Stacy Brown-Philpot, focuses on providing capital to underinvested entrepreneurs, particularly in the software sector, contrasting with the trend of larger firms pursuing mega-rounds and high-profile AI deals [2][3][4] Company Overview - Cherryrock Capital was launched a year ago to address the persistent gap in access to capital for underinvested entrepreneurs [3][4] - The fund aims to make 12 to 15 concentrated investments, a stark contrast to typical seed funds that make numerous smaller bets [7] Investment Strategy - Brown-Philpot's approach involves writing smaller Series A and B checks, targeting founders often overlooked by larger firms [2][4] - The fund has a measured pace, having backed only five companies a year after its announcement, indicating a deliberate investment strategy [7] Market Context - The SoftBank Opportunity Fund, which focused on underserved entrepreneurs, was sold to its leadership team in late 2023, highlighting a shift in investment focus within the industry [5][6] - Brown-Philpot's experience with the SoftBank Opportunity Fund reinforced the existence of overlooked founders, motivating her to establish Cherryrock [5][6] Political Environment - Brown-Philpot remains unfazed by the current political climate surrounding diversity, equity, and inclusion (DEI), emphasizing the fund's commitment to generating returns for its investors [9]

When I told my mother I was gay, she sat me down for a family meeting. I prepared for that moment for years because I didn't want to disappoint her. I had recently graduated from college and got my first job a month earlier.We debated and argued for hours and in the end she said that she would not accept me because my church would not accept me. I moved out that night. I soon learned that many of my gay, lesbian, bisexual, and transgender friends were also leaving the homes and churches they grew up in.Many ...

[applause] [applause] I was sitting at the dinner table. My babushka was sitting right across from me. My mom was sitting to my right and my dad was sitting to my left.My babushko is pecking at her little branzino while she was watching one of her Russian films on the TV. When she glances over, she sees me not eating. And then she says to me, which in English translates to, "If you don't want to eat this, eat nails." Now, in Russian, this is nothing but a harmless and simply friendly joke.Yet, when translat ...

President Trump’s attacks on programs that promote diversity are being felt throughout the finance world https://t.co/uLecLZqTZW ...

RT 🇯🇵 Colonel Otaku Gatekeeper 🇯🇵 (@politicalawake)Japan has taught Europe a very important lesson.If you have a country that is 99% ethnically homogeneous you can elect a patriotic Right Wing government with a supermajority.Diversity is a weaknessHomogeneity is a strength🇯🇵 https://t.co/sAfBN0Fj9x ...