Tag: US
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Major US Companies Retreat from Diversity Initiatives Amid Legal Changes
A number of U.S. corporations are scaling back their diversity measures, influenced by a Supreme Court decision limiting affirmative action. Companies like Meta, McDonald’s, Walmart, Ford, Lowe’s, John Deere, and Tractor Supply are either suspending specific programs or completely withdrawing from diversity commitments, citing a need to focus on merit-based evaluations and other business interests.…
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Top Remote Work Companies for 2025: Leading Firms and Average Salaries
FlexJobs released its 2025 rankings for top remote work companies, with Working Solutions leading the list. Liveops and UnitedHealth Group secured the second and third positions, respectively. The report also highlighted potential remote job titles and average salaries, reflecting increased interest in flexible work arrangements among employees. In a recently published report by FlexJobs, the…
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Meta Shifts Strategy by Ending Fact-Checking Program Ahead of Trump’s Inauguration
Meta has announced the termination of its US fact-checking program, aligning with Donald Trump’s administration. This shift follows high-profile meetings between tech leaders and Trump, signaling a move towards deregulation and free speech advocacy. Critics and supporters alike view this as a significant political realignment in the tech sector. In a notable shift, Facebook’s parent…
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McDonald’s Modifies DEI Practices Amid Changing Corporate Environment
McDonald’s is retracting certain DEI practices, including specific diversity goals for suppliers, in response to a Supreme Court ruling against affirmative action. While renaming its diversity team to the Global Inclusion Team, the company argues that its overall commitment to inclusion remains steadfast. Other corporations are also reevaluating their DEI strategies amid external pressures, highlighting…
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Costco Board Member Advocates for Strengthening DEI Practices Amid Rollbacks
Jeff Raikes, a Costco board member, defends DEI initiatives against a backdrop of increasing corporate rollbacks. He emphasizes the importance of maximizing these practices for business success and economic growth. Costco’s board has resisted shareholder pressures to eliminate DEI, asserting their commitment to diversity as vital to their operation. Amidst criticisms, they continue to advocate…
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Wipro Executive Resigns to Lead US Fintech Firm Amid Industry Changes
Srini Rajamani, a senior executive at Wipro, has resigned to become CEO of Opus Technologies, a US fintech company. His move reflects a trend of executives leaving large corporations for roles in specialized firms. Rajamani’s departure highlights the ongoing leadership changes at Wipro, which has seen significant turnover in senior management positions. This trend mirrors…
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Alcohol Companies Embrace Nonalcoholic Options Amid Changing Consumer Trends
Major alcohol companies are adapting to a cultural shift favoring nonalcoholic options, particularly among consumers under 30. Sales of nonalcoholic beverages are on the rise, driven by changing preferences and recent health warnings. Established brands like Heineken and AB InBev are expanding their nonalcoholic offerings to cater to this growing market, reflecting a strategic pivot…
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Indian Leaders at the Helm of Global Tech Companies
Indian-origin professionals lead major global firms like Alphabet, Microsoft, YouTube, and IBM. Key figures include Sundar Pichai, Satya Nadella, and Shantanu Narayen, all delivering significant impact in their respective roles. This trend reflects the growing influence of Indian talent in international business, enhancing diverse leadership in various sectors. Indian-origin professionals are now leading major global…
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Indonesia and Apple Set to Discuss Potential $1 Billion Investment
The Indonesian government will meet with Apple executives on January 7-8 to negotiate local content rules allowing the sale of the iPhone 16. This meeting may lead to Apple investing $1 billion in Indonesia. Industry Minister Agus Gumiwang Kartasasmita expressed hope for direct discussions with a senior Apple representative to resolve ongoing issues. The Indonesian…
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10-Minute Food Delivery Services Surge in India as Competition Intensifies
Major food delivery apps in India, including Zomato and Swiggy, are launching 10-minute delivery services to meet the demand of impatient consumers. Zomato’s Blinkit and Zepto rely on in-house kitchens, while Swiggy partners with established restaurants. The market for online food deliveries is expected to grow significantly, though concerns regarding food quality in such rapid…