|
In the aftermath of Trump’s executive orders targeting DEI, leading companies across corporate America have been reevaluating their diversity programs. Disney is now joining the ranks of major employers that are shifting their DEI efforts, according to a memo obtained by Axios. One of the major changes will be how diversity goals correlate with executive compensation, which has become a common practice at many large companies. Disney will now consider “talent strategy” rather than “diversity and inclusion” as a factor in executive compensation, though that will still include elements of DEIa shift that seems more like a reframing, rather than an outright rejection of DEI practices. Disney is also changing the name of its affinity groups from “Business Employee Resource Groups” to “Belonging Employee Resource Groups,” to underscore how ERGs are a crucial part of “strengthening our employee community and workplace experience,” per the memo. It’s not entirely clear what the rebrand means for ERGs, though unlike some other companies (i.e. Ford), Disney does not seem to be restructuring those groups to focus on professional interests rather than shared identity. (The company did not respond to a request for comment and clarification on its ERG strategy.) In addition, Disney is also making content-related changes to the language of its disclaimers and the Reimagine Tomorrow initiative, which has highlighted stories from underrepresented communities. Also, unlike other companies, Disney does not appear to be disbanding its DEI team altogether or completely eliminating its diversity initiatives. Most of the changes outlined in the memo seem intended to move away from the traditional language of diversity programsperhaps to address any legal riskbut Disney is still using terms like “belonging” that have long been a part of DEI parlance. In fact, the company still seemed to express its support for DEI values in the memowithout using the term itself. “Creating a welcoming and respectful environment for our employees and guests is core to our company culture and our business,” human resources chief Sonia Coleman wrote. “Our valuesintegrity, creativity, collaboration, community, inclusionguide our actions and how we treat each other.”
Category:
E-Commerce
Shares of Intel Corporation (NASDAQ: INTC) rose 8% on Tuesday after Vice President JD Vance said that the U.S. will safeguard American artificial intelligence and chip technologies from theft and misuse by its “adversaries,” making a veiled reference to China. (The stock closed up by just over 6%.) We will . . . work with our allies and partners to strengthen and extend these protections and close pathways to adversaries attaining AI capabilities that threaten all of our people, Vance said in address at Frances AI Action Summit in Paris. Some authoritarian regimes have stolen and used AI to strengthen their military intelligence and surveillance capabilities, capture foreign data, and create propaganda to undermine other nations national security.” China’s chipmaking and AI technologies have been front and center at the Paris talks, with a focus on China’s DeepSeek, a reasoning AI model believed to now rival U.S.-based OpenAI’s GPT-o1 technology, but at a much lower cost. Intel is currently trying to turn around its business after the chip-manufacturing giant’s shares lost 59.60% last year. The stock is down 4.2% year to date. The question on the street remains whether Intel can get back its chipmaking edge. Help from the Trump administration could do just that. Once the largest semiconductor company in the world, Intel has lost market share in the past few years to rivals Nvidia and Broadcom after making a number of missteps, including missing out on the generative artificial intelligence boom. It eventually lost its spot in the Dow Jones Industrial Average to Nvidia. Intel is now rebuilding its business, having cut 15% of its staff as part of a $10 billion plan to reduce costs this past summer. More recently, Intel’s fourth-quarter earnings beat estimates, driving shares up 3% in after-hours trading, although it issued disappointing guidance ahead. Meanwhile, shares of Nvidia and Broadcom stayed relatively flat today, down 0.22% and up 0.89%, respectively.
Category:
E-Commerce
In the Northern Hemisphere, February is the middle of winter. According to NASA, this is why Native American tribes named this month’s full moon the Snow Moon. Historically, the shortest month of the year was also the coldest because of the heavy snowfall that occurred. Another name for this lunar display of grandeur is the Hunger Moon. That name also makes historical sense because of how the snowiest month made hunting and gathering more difficult. If you didnt plan ahead properly, your stomach was bound to rumble. Lets take a deeper look at the winter of it all, and when to best peep up at the night sky for optimal full moon viewing. When exactly is the middle of winter? Many people believe that Groundhog Day marks the middle of winter. Its a close approximation, but not always 100% accurate. If you want to get technical, according to the Farmers Almanac, the middle of winter varies from year to year. Groundhog Day always falls on February 2, and this year, the following day was actually the halfway mark between the Winter Solstice and the Spring Equinox. Winter takes the prize for both the coldest and shortest season of the year. It lasts 88.99 days on average. Its brevity is due to perihelion, the point in the Earths orbit that it is closest to the sun. The cold is caused by Earth’s axial tilt, or obliquity. In the Northern Hemisphere, from December to February, the earth is tilted away from the sun, which means less direct sunshine and chillier days. The tilt overrides the nearness of the sun. Whats a groundhog got to do with it? Groundhog Day was created by German-speaking immigrants in the United States, who became known as the Pennsylvania Dutch because of a misinterpretation of the word “Deutsch.” It was based on the Christian tradition of Candlemas, a feast celebrating the day that Jesus was presented at Temple by Joseph and Mary. The early Christian church incorporated pagan traditions into its calendar. For Candlemas, one of these was weather-predicting folklore. In Germany, a bear or badger was used, but in the United States, groundhogs took center stage. The best known groundhog these days is Punxsutawney Phil, who calls Punxsutawney, Pennsylvania home. This year, he predicted six more weeks of winter after seeing his shadow. How to see the full snow moon In parts of the country, such as the Midwest and Mid-Atlantic, snow storms may prevent one from catching the snow moon. Talk about irony. The rest of the country will also experience cloudy skies amid potential rainstorms. If you want to try your luck, according to EarthSky, the full moon will reach peak illumination on Wednesday morning (February 12) at 8:53 a.m. ET. The celestial orb will also appear full Thursday and Friday.
Category:
E-Commerce
All news |
||||||||||||||||||
|