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Deere Investors Reject Anti-Dei Resolution Amid Ongoing Backlash

Deere investors voted overwhelmingly against a resolution aimed at its diversity, equity and inclusion efforts on Wednesday, continuing a pattern of shareholder distaste for anti-DEI measures despite Republican political pressure on executives. The company has faced increasing scrutiny over its stance on DEI policies following recent statements from Republican politicians. Deere's annual meeting was closely watched as the farm equipment maker seeks to balance its commitment to addressing underrepresentation in management roles with investor concerns.

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Shareholders Are Showing Signs of DEI Fatigue As Activists Push for More Votes Δ1.85

Shareholders are increasingly showing signs of DEI fatigue as political heat around the issue intensifies across corporate America.Both champions and critics of diversity, equity, and inclusion policies are again pushing companies this annual meeting season to either bolster or diminish their DEI policies via shareholder proposals. But so far, none of these proposals have garnered support from investors at Apple (APPL), Costco (COST), and John Deere (DE).And that's not expected to change as more votes are tabulated at more company shareholder meetings in the coming weeks and months, according to experts who follow these votes.

DEI Is Under Attack in US, Might Live On Under Different Name Δ1.78

The US government's Diversity, Equity, and Inclusion (DEI) programs are facing a significant backlash under President Donald Trump, with some corporations abandoning their own initiatives. Despite this, there remains a possibility that similar efforts will continue, albeit under different names and guises. Experts suggest that the momentum for inclusivity and social change may be difficult to reverse, given the growing recognition of the need for greater diversity and representation in various sectors.

US Retailers Publicly Scrap Some 'DEI' Initiatives While Quietly Supporting Others Δ1.78

US retailers are walking a tightrope between publicly scrapping diversity, equity and inclusion programs to avoid potential legal risks while maintaining certain efforts behind the scenes. Despite public rollbacks of DEI initiatives, companies continue to offer financial support for some LGBTQ+ Pride and racial justice events. Retailers have also assured advocacy groups that they will provide internal support for resource groups for underrepresented employees.

Dei Policy Shifts Under Trump Administration Sparks Industry-Wide Changes Δ1.75

Pfizer has made significant changes to its diversity, equity, and inclusion (DEI) webpage, aligning itself closer to the Trump administration's efforts to eliminate DEI programs across public and private sectors. The company pulled language relating to diversity initiatives from its DEI page and emphasized "merit" in its new approach. Pfizer's changes reflect a broader industry trend as major American corporations adjust their public approaches to DEI.

Elliott Takes REINS on Phillips 66's Governance Structure Δ1.74

Elliott Investment Management has nominated seven new directors for Phillips 66's board of directors, a move that could lead to significant changes in the company's governance structure and operational strategy. The activist investment firm has previously targeted this oil refiner, investing $2.5 billion and pushing for strategic improvements, including spinning off or selling its midstream business. These efforts have largely been unsuccessful, but Elliott is now returning with a more aggressive slate of nominees.

Best Buy Stock Plunges as the Chain Braces for Trump Tariff Impact Δ1.73

Best Buy's stock experienced a significant decline of 13% as investors reacted to the uncertainties surrounding new tariffs imposed on consumer electronics by the Trump administration. CEO Corie Barry highlighted that a substantial portion of the company's products are sourced from China and Mexico, making them particularly vulnerable to these tariffs, which could negatively impact sales growth. Despite a solid 2025 guidance excluding tariffs, the prevailing market anxiety reflects broader concerns over the potential effects of trade policies on retail performance.

Elliott Nominates 7 Directors at Phillips 66, Ratchets Up Pressure Δ1.73

Elliott Investment Management has nominated seven directors to the board of Phillips 66, aiming to instigate significant changes, including potential divestitures of its midstream business. The activist firm, which holds a $2.5 billion stake in the company, is pushing for improvements in corporate governance and refinery operations amidst a backdrop of declining stock prices. This latest move follows Elliott's previous engagement with Phillips 66, highlighting a persistent push for strategic enhancements within the company.

Paramount Ends DEI Policies to Comply with Trump Executive Order Δ1.73

Paramount Global has announced the end of numerous diversity, equity and inclusion policies to comply with President Trump's executive order banning the practice. The company cited the executive order as the impetus for its policy changes, which include ending numerical goals related to hires based on race or ethnicity. Paramount will continue to evaluate its policies and seek talent from all backgrounds.

DEI Rollback Sparks Backlash at AT&T Δ1.72

AT&T's decision to drop pronoun pins, cancel Pride programs, and alter its diversity initiatives has sparked concerns among LGBTQ+ advocates and allies. The company's actions may be seen as a response to the pressure from former President Donald Trump's administration, which has been critical of DEI practices in the private sector. As companies like AT&T continue to make changes to their diversity initiatives, it remains to be seen how these shifts will impact employee morale and organizational culture.

Target Faces 40-Day Consumer Boycott Over Shift Away From Diversity, Equity and Inclusion Policies Δ1.72

A 40-day consumer boycott starting today is targeting Target over its shift away from diversity, equity and inclusion (DEI) policies, which have sparked widespread protests and criticism from customers and community leaders. The boycott, led by prominent pastor Rev. Jamal Bryant, comes at a difficult time for the company as it faces an onslaught of tariffs in the middle of a challenging economy. Target's decision to eliminate hiring goals for minority employees and make changes to its diversity initiatives has drawn intense backlash from DEI supporters.

Best Buy Stock Plunges as the Chain Braces for Tariff Impact Δ1.72

Best Buy's stock faced a significant decline of 14% following the release of its fourth-quarter results, which exceeded expectations but were overshadowed by concerns over the potential impact of tariffs. Despite reporting a 0.5% increase in same-store sales and optimistic guidance for the upcoming fiscal year, analysts highlighted that the uncertainty surrounding tariffs could hinder the retailer's recovery efforts. The company is attempting to leverage a replacement cycle in technology products, particularly as AI innovations emerge, but investor sentiment remains cautious.

Kroger CEO Ousted in Stunning Shake-Up--What Really Happened Behind Closed Doors? Δ1.72

Kroger's sudden leadership change has sent shockwaves through the retail industry, leaving investors to wonder about the true reasons behind Rodney McMullen's resignation. The company maintains that the issue was unrelated to financial performance or operations, but its seriousness prompted a violation of ethics policies. As Kroger navigates this transition, it must also address ongoing legal disputes and the lingering impact of its failed merger attempt.

Trump Tariffs Give Struggling Target Cover to Make One Big Change, at the Expense of Investors Δ1.72

Target's decision to abandon its quarterly earnings guidance is a strategic move to adapt to the uncertainty caused by Trump tariffs and unpredictable weather patterns, which have been affecting the retail industry in recent years. By providing only full-year outlooks, the company aims to better estimate consumer demand and avoid volatility in its sales and profits. This shift also reflects Target's growing confidence in its ability to navigate these challenges.

Shareholder Pushes Seven & I to Engage With Couche-Tard Δ1.72

A shareholder in Japan’s Seven & i Holdings Co. is urging the company to more thoroughly engage with Alimentation Couche-Tard regarding its $47.5 billion acquisition proposal. Artisan Partners Asset Management has raised concerns about potential conflicts of interest within the board, particularly relating to the role of CEO Stephen Dacus in handling the bid. This pressure comes as Seven & i undertakes significant restructuring efforts aimed at unlocking shareholder value while resisting Couche-Tard's offer.

Nvidia Stock Rebounds From Monday's 9% Decline as Tariffs Weigh on the Market Δ1.71

Nvidia's stock experienced a nearly 2% recovery on Tuesday as analysts upheld their positive outlook for the AI chipmaker, despite facing potential regulatory challenges and new tariffs imposed by the Trump administration. While the tariffs do not directly target semiconductors, concerns remain that increased costs for data processing equipment could dampen demand for Nvidia's products. Analysts assert that the recent stock decline presents a buying opportunity, with many maintaining their price targets amidst fears of reduced sales in China.

Investors React to Trump's Address to Congress Δ1.71

U.S. President Donald Trump's address to Congress highlighted his administration's agenda, including tax cuts and future tariffs, amid vocal protests from Democratic lawmakers. Market reactions were muted, with slight gains in S&P 500 stock futures, reflecting a cautious investor sentiment that remained largely unchanged despite the president's assertive rhetoric. Analysts noted that while the speech did not introduce unexpected elements, ongoing tariff policies could continue to create volatility in the markets.

Business News Roundup Faces Financial Dilemmas, Regulatory Challenges, and Competitive Pressures Δ1.71

Consumer Reports has released its list of the 10 best new cars to buy in 2025, highlighting vehicles with strong road test scores and safety features. The announcement comes as Eli Lilly & Co. is expanding its distribution of weight-loss drug Zepbound at lower prices, while Target is scaling back its DEI efforts amidst declining store visits. Meanwhile, Costco's luxury goods segment continues to grow, and Apple has secured President Trump's backing for its new investment plan.

Wait for a Pullback’: Jim Cramer’s Cautious Take on Reddit, Inc. (RDDT) Stock Δ1.71

Jim Cramer has expressed a cautious outlook on Reddit, Inc. (RDDT) stock, suggesting that the broader market conditions are unfavorable for growth until a significant market pullback occurs. He highlights the disparity between the U.S. stock market and those of European nations, attributing the former's struggles to uncertainty surrounding government policies and tariffs. Cramer believes that until clarity is achieved and the Dow experiences a notable drop, performance in stocks like Reddit may remain stagnant.

The Best Defense Stocks to Buy According to Billionaires Δ1.71

The article highlights that defense stocks wobbled after a contentious meeting at the Oval Office and shares fell sharply due to President Trump's hints at cutting defense spending. European defense stocks, however, have rallied this year as governments faced pressures to increase military expenditure. The creation of DOGE is reshaping investors' views of the industry.

Artisan Partners Opposes Japan Retailer Seven & I's CEO Choice Δ1.71

Artisan Partners has publicly opposed the appointment of Stephen Dacus as CEO of Seven & i Holdings, arguing that the company should reconsider a $47 billion takeover offer from Alimentation Couche-Tard to enhance shareholder value. The investor plans to vote against Dacus and other members of the nomination committee at the upcoming annual general meeting, highlighting concerns over the company's declining share price relative to Couche-Tard's offer. This situation raises questions about the strategic direction of Seven & i and the potential implications of rejecting outside investment.

European Auto Stocks Jump on Trump Tariff Pause as Stellantis Pledges 'More American Cars' Δ1.71

European automakers experienced a surge in their stock prices following U.S. President Donald Trump's decision to suspend new tariffs on car imports from Canada and Mexico for one month. Stellantis, the parent company of Chrysler and Fiat, expressed its commitment to increasing American-made vehicle production in response to the tariff reprieve, aligning with the administration's "America First" policy. However, analysts warn that ongoing supply chain challenges and the potential for future tariffs could lead to increased costs for consumers and significant revenue loss for automakers.

Wall Street Wonders When Trump Steps In as Stocks Keep Falling Δ1.71

Wall Street is increasingly skeptical about the existence of a "Trump put" as the S&P 500 faces significant declines, erasing gains made since the election. Analysts note that President Trump's reduced focus on the stock market during his second term, coupled with his recent tariff decisions, suggests that he may not intervene to support falling stock prices as he had previously. The uncertainty surrounding Trump's approach to economic policy is leading investors to reassess their strategies in light of the current market volatility.

Diversity Backlash: Is 'Masculine Energy' Coming to the UK? Δ1.71

The UK government's silence on diversity initiatives in the wake of Donald Trump's attacks has left many wondering if the country is set to follow suit, abandoning efforts to promote inclusivity and equality. UK companies have been slow to respond to Trump's rhetoric, with some even scaling back their own DEI policies. However, experts argue that the UK's legal system will help protect these initiatives.

Top Stock Movers Now: Nvidia, Broadcom, Intel, and More. Δ1.71

U.S. equities experienced a midday decline driven by disappointing economic reports and apprehensions regarding potential new tariffs from the Trump administration. Shares of Nvidia and Broadcom fell as both companies tested Intel's chip manufacturing process, while Kroger's stock declined following the resignation of its CEO amid an internal investigation. In contrast, Tesla's stock rose after being named Morgan Stanley's "Top Pick" in the U.S. auto sector, highlighting the varied performance of stocks influenced by broader market concerns.

Nvidia Stock Downgraded by Summit Insights Group Amid AI Market Concerns. Δ1.71

Nvidia's strong fourth-quarter earnings report failed to boost investor confidence, as the only Wall Street firm to downgrade its stock, Summit Insights Group, warned about the sustainability of its expansion path due to changing artificial intelligence market demands. The company's high-performance processors, which have driven its growth, may lose demand as AI inference calls for less processing capability than AI model development. This trend could impact Nvidia's competitive position in the rapidly evolving AI sector.