References to DEI on annual reports of FTSE 100 companies in the UK have declined, according to The Observer. Mentions of DEI, as well as the number of pages containing the phrase and revisions on it, fell by more than 16% compared to the annual reports for 85 companies in 2023 and 2024. While references to environmental, social, and governance (ESG) and revisions on the term decreased by 22%, the data points to influence from the US after President Trump revoked a six-decade-old executive order that prohibited workplace discrimination by
The US House of Representatives bill, which has imposed a 5% tax on remittances sent abroad by non-citizens, could significantly impact African countries, according to Techpoint Africa. “The One Big Beautiful Bill” was passed on May 22, 2025, by the US House of Representatives, backed by President Donald Trump, which includes a provision imposing a 5% excise tax on remittances sent abroad by non-citizens. The bill intends to create revenue and highlight immigration concerns by targeting outbound money transfers from non-citizens, including people with green cards and temporary visas. How the
The South African government will alter its Black Economic Empowerment (BEE) regulations to allow Starlink to operate in the country. Bloomberg reported that the offer came at a last-minute meeting on Tuesday, 21 June. Foreign investors in South Africa’s telecom sector are required to allocate 30% of a project’s equity to Black-owned businesses to obtain a license. However, Elon Musk’s satellite internet provider will be allowed to meet BEE requirements through equity-equivalent investments instead. South Africa’s Workaround for Starlink South Africa created the BEE laws to address racial inequalities stemming from
Levi’s shareholders voted against a proposal that asked the company to end its DEI efforts. The National Center for Public Policy Research, a conservative think tank, submitted a proposal to shareholders urging the company to “consider abolishing its DEI program, policies, department and goals,” according to WWD. Numerous companies, retailers, and even universities have called back on their DEI efforts to comply with President Donald Trump’s executive orders. In January, Trump revoked a six-decade-old executive order that prohibited workplace discrimination by federal contractors. Levi’s maintains its DEI efforts A company
Anthony Capuano, CEO of Marriott International, stood firm on its DEI initiatives, and his employees couldn’t be more grateful. During an interview at the Great Place to Work for All Summit in Las Vegas, Capuano discussed the new unpredictability surrounding DEI policies following President Donald Trump’s executive orders. Although Marriott leaders have publicly stated that they aspire to be leaders in the DEI space, Trump’s executive orders and policies against these initiatives have caused uncertainty regarding their plans, according to Fortune. Marriott CEO’s stance on DEI During the summit, Capuano
The Trump administration is urging some large companies in the EU to comply with executive orders to end DEI programs. Government officials have allegedly sent letters to companies in France and the European Union with US government contracts, stating that they should ban DEI initiatives if they want to hold on to their contracts, according to The Financial Times. “Department of State contractors must certify that they do not operate any programs promoting DEI that violate any applicable anti-discrimination laws and agree that such certification is material for purposes of
Hoan Ton-That, the CEO of Clearview AI, has decided to step down from his position, as reported by Forbes. The controversial facial recognition company received criticism in 2020 after gathering billions of images from social media without users’ consent to create a global facial recognition database. With Trump allies now leading Clearview, concerns are growing that a potential Trump administration could expand biometric surveillance, increasing risks for Black and immigrant communities. Clearview AI’s change in leadership Ton-That stepped down as CEO in December, becoming president before later announcing his full
On Monday, President Claudia Sheinbaum stated that Mexico would sue Google if it continues to label the Gulf of Mexico as the Gulf of America to US-based users, CNN reports. President Sheinbaum contended that President Trump’s executive order to rename it only pertains to the continental shelf’s part under US control. “What Google is doing here is changing the name of the continental shelf of Mexico and Cuba, which has nothing to do with Trump’s decree, which applied only to the US continental shelf,” told CNN. “We do not agree with
Apple Maps will rename The Gulf of Mexico to the Gulf of America to adhere to executive orders made by President Donald Trump, as stated by Bloomberg. The company will also introduce the name change to all users globally. This change was part of a series of over 100 directives and executive actions signed on Inauguration Day. One of these orders included renaming the Gulf of Mexico, which is made up of the US, Cuba, and Mexico, the Gulf of America. This came after Google made similar changes. Mexican President Claudia Sheinbaum had
A key Department of Government Efficiency (DOGE) employee has resigned from his role after he was connected to a deleted social media account supporting racism and eugenics, as first reported by The Wall Street Journal. Marko Elez, 25, had access to the Treasury Department’s central payments system. Elon Musk says he will rehire Marko Elez, after the software engineer gained the backing of Vice President Vance and President Trump. DOGE employee’s racist posts The 25-year-old engineer, Marko Elez, was a previous staff worker for two of Elon Musk’s companies. As
