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DEI disclosure participation plummets among major companies as corporate pullback continues
Fox Business· 2026-02-06 01:07
The share of Fortune 500 companies that publicly outlined their diversity, equity and inclusion (DEI) commitments fell by nearly two-thirds from a year ago, new research shows. The Human Rights Campaign Foundation released the latest version of its Corporate Equality Index on Tuesday, which showed a 65% decline in the number of Fortune 500 companies that chose to voluntarily submit their DEI policies for evaluation in the index. HRC noted that 131 companies in the Fortune 500 chose to participate in the CEI ...
Starbucks wins dismissal of Missouri lawsuit over DEI policies
Yahoo Finance· 2026-02-06 00:28
By Daniel Wiessner Feb 5 (Reuters) - A federal judge in Missouri on Thursday dismissed a lawsuit by the Republican-led state accusing Starbucks of using its commitment to diversity, equity and inclusion as a pretext to systematically discriminate based on race, gender and sexual orientation. U.S. District Judge John Ross in St. Louis said the state's case failed to prove that Starbucks actually discriminated against "even a single Missouri resident" who worked at Starbucks or applied for a job there. ...
US agency probes Nike diversity policies over anti-White bias
Yahoo Finance· 2026-02-05 10:08
US regulators have asked a federal judge to force sportswear retailer Nike to hand over documents tied to alleged discrimination against White employees. The US Equal Employment Opportunity Commission (EEOC) said it is probing claims that the company engaged in systemic bias through its employment practices and Diversity, Equity, and Inclusion (DEI) initiatives. In court filings, the EEOC said it is investigating allegations of “a pattern or practice of disparate treatment against white employees, appli ...
Nike faces federal probe over allegations of 'DEI-related' discrimination against white workers
Yahoo Finance· 2026-02-05 00:22
NEW YORK (AP) — The federal agency for protecting workers' civil rights revealed Wednesday that it is investigating sportswear giant Nike for allegedly discriminating against white employees through its diversity policies. The Equal Employment Opportunity Commission disclosed the investigation in a motion filed in Missouri federal court demanding that Nike fully comply with a subpoena for information. The EEOC sought the company’s criteria for selecting employees for layoffs, how it tracks and uses work ...
Nike accused of discrimination via DEI programs
UPI· 2026-02-05 00:20
The Equal Employment Opportunity Commission on Wednesday asked a federal court to grant a subpoena forcing Nike to provide information related to complaints of systemic discrimination against the shoemaker's white workers. File Photo by Wu Hong/EPA-EFE Feb. 4 (UPI) -- The Equal Employment Opportunity Commission filed a federal lawsuit seeking information regarding allegations of discrimination against athletic shoemaker Nike Inc. The EEOC has received complaints of systemic race discrimination against white ...
A federal agency is probing Nike for discrimination against white employees
Business Insider· 2026-02-04 21:51
Nike is facing a federal probe over allegations that its DEI targets led to discrimination against white workers. The Equal Employment Opportunity Commission said Wednesday that it has asked a federal judge to require Nike to provide information for its investigation into alleged racial discrimination. The sportswear giant is accused of intentional systemic discrimination against white employees, with some requests for information dating back to 2018.A Nike spokesperson called the filing a "surprising and ...
Target's new CEO admits retailer has lost trust with shoppers, staff: report
New York Post· 2026-02-04 21:17
Core Viewpoint - Target Corp. has acknowledged a loss of trust with both shoppers and employees, with new CEO Michael Fiddelke committing to rebuilding these connections [1][3]. Group 1: Leadership Changes - Michael Fiddelke has been appointed as the new CEO of Target, effective February, succeeding Brian Cornell, who was expected to retire [3]. - Fiddelke previously announced a significant reduction in workforce, cutting around 1,800 corporate roles, marking the company's first major layoffs in nearly a decade [3]. Group 2: Company Challenges - Target is facing multiple challenges, including a prolonged sales slump and a retreat from its diversity initiatives following the election of President Trump [4]. - The retailer has encountered boycotts and lawsuits related to its diversity, equity, and inclusion practices, and is also affected by tariffs on imports from certain countries [4]. Group 3: Customer and Employee Relations - The unclear positioning of Target has negatively impacted its reputation among consumers, particularly among Black shoppers, as well as its employees [5]. - Fiddelke emphasized the need for the company to reconnect with customers who have been lost, acknowledging the difficulties faced in the previous year [5].
US agency investigates Nike for alleged discrimination against white workers
The Guardian· 2026-02-04 21:09
The US Equal Employment Opportunity Commission (EEOC) has launched an investigation into Nike over allegations that the sports giant discriminated against white employees and job applicants.The federal agency is demanding that Nike turn over information related to the allegations, including the company’s “Diversity, Equity, and Inclusion-related 2025 Targets and other DEI-related objectives”, it announced on Wednesday.It comes amid a broader crackdown by Donald Trump’s administration on diversity initiative ...
Nike among the first targeted by EEOC for DEI activity
Yahoo Finance· 2026-02-04 17:01
This story was originally published on HR Dive. To receive daily news and insights, subscribe to our free daily HR Dive newsletter. The U.S. Equal Employment Opportunity Commission asked a federal court Wednesday to enforce an administrative subpoena against Nike as part of an ongoing investigation into alleged discrimination against White employees, job applicants and training program participants. According to a filing in the U.S. District Court for the Eastern District of Missouri, EEOC issued the subp ...
Target just made a big change this weekend. Here’s what to know
Yahoo Finance· 2026-02-02 20:15
Core Insights - Target is experiencing challenges due to declining sales and customer traffic, prompting the appointment of a new CEO, Michael Fiddelke, who has been with the company for over two decades [1][3] - Fiddelke aims to address these challenges by focusing on four key priorities: enhancing design, style, and value; improving store and digital experiences; accelerating technology for personalization; and strengthening team skills within the community [3] Financial Performance - Target reported third-quarter earnings of $25.27 billion in revenue, slightly below analyst expectations of $25.32 billion, while adjusted earnings per share (EPS) were $1.78, surpassing expectations of $1.72 [4] - The company's sales have remained stagnant for approximately four years, influenced by factors such as higher inflation, changing consumer habits, economic concerns, and boycotts related to its diversity, equity, and inclusion policies [4]