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News

Trump’s commerce secretary pick publicly affirmed DEI at US companies before nomination

Before being nominated by President Donald Trump to be secretary of the U.S. Department of Commerce, Howard Lutnick affirmed the need for companies to prioritize diversity, equity, and inclusion — a stark contrast to the policy position of his future boss and his administration. During an interview with CNBC in December 2020, Lutnick, then chairman and CEO of the financial services institutions Cantor Fitzgerald and BGC Group, affirmed DEI’s corporate benefits. “Well, look, I have two public companies … both of […]

todayFebruary 12, 2025 1

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Members of Congress call on companies to retain DEI programs as court cases grind on 

NEW YORK (AP) — A group of Democrats in Congress appealed to the largest U.S. companies Tuesday to hold onto their diversity, equity and inclusion programs, saying such efforts give everyone a fair chance at achieving the American dream. The 49 House members, led by U.S. Rep. Robert Garcia of California, shared their views in a letter emailed to the leaders of the Fortune 1000. The move follows several major corporationssaying in recent months that they would end or curtail their DEI initiatives. […]

todayOctober 15, 2024 1

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U.S. agency created to help minority-owned businesses land government contracts ordered to assist white companies also

NEW YORK (AP) — A federal judge in Texas has ordered a 55-year-old U.S. agency that caters to minority-owned businesses to serve people regardless of race, siding with white business owners who claimed the program discriminated against them. The ruling was a significant victory for conservative activists waging a far-ranging legal battle against race-conscious workplace programs, bolstered by the Supreme Court’s ruling last June dismantling affirmative action programs in higher education. Advocates for minority-owned businesses slammed the ruling as a […]

todayMarch 7, 2024 1

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Economy

Founders of Black-Owned Startup Aim to Help Billion-Dollar Pharmaceutical Companies Diversify Their Research

Shawn Williams, Abiel Obanjo, and Dr. Elizabeth Jackson, the young African American founders of Divergent CRO, a leading Black-owned provider of clinical services to biotech and device companies, are pleased to announce the official launch of their firm's new Contract Research Organization (CRO). Based in Atlanta, Georgia, this new venture aims to revolutionize the research and development process by offering comprehensive and tailored clinical services to meet the unique diversity needs of the biotech and device industries.With an unwavering commitment […]

todayFebruary 3, 2024 1