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McDonald’s, the iconic fast-food chain, has joined a growing list of US corporations scaling back diversity, equity, and inclusion (DEI) initiatives. In a Monday announcement, the company revealed significant changes to its approach, including the elimination of aspirational representation goals, commonly referred to as quotas. McDonald’s also retired its pledge to hire a diverse group… Continue reading McDonald’s DEI rollback: Fast-food giant retires quotas and shifts focus to ‘Global Inclusion’

The UK’s FCA is putting forward a new framework for private stock markets called PISCES. The UK’s Financial Conduct Authority (FCA) has shared a consultation paper outlining its intentions to facilitate trading in private company shares with a new proposed system called the Private Intermittent Securities and Capital Exchange System (PISCES). This initiative seeks to… Continue reading UK’s FCA proposes regime for private stock markets with PISCES

Uber Technologies Inc (NYSE:UBER) shares rose by as much as 3.2% in the pre-market hours after the company announced a strategic partnership with Nvidia Corp (NASDAQ:NVDA) to fast-track autonomous driving technology development. This collaboration will aid Uber fulfil its ambition to remain at the forefront of innovation in the competitive autonomous vehicle (AV) market. “Generative… Continue reading Uber stock gains on AV partnership with Nvidia: here’s what investors should know

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Monday started on a positive note, as Brazil’s Ibovespa index jumped up by 0.8%, cracking that significant 119,300-point mark. This uptick feels like a breath of fresh air after the lows of November 2023, showing that investors are feeling a bit more chipper. According to Trading Economics, all eyes were on the latest batch of… Continue reading Brazilian market rallies: Ibovespa surges on early 2025 economic data

Wall Street’s main indexes opened higher on Monday after last week’s losses as a report suggested that the incoming Trump administration could adopt a less aggressive tariff stance.  Major stocks also rose as chip stocks in the US gained on Monday.  At the time of writing, the Dow Jones Industrial Average was 0.2% higher, while… Continue reading Dow and S&P 500 rise on Trump’s softer tariff stance; FuboTV soars 170%, auto stocks climb

Nippon Steel and US Steel have initiated a federal lawsuit against the Biden administration, challenging its decision to block a proposed nearly $15 billion acquisition of the Pittsburgh-based US Steel by the Japanese steelmaker. The lawsuit, filed on Monday in the US Court of Appeals for the District of Columbia, alleges that the decision was… Continue reading Nippon and US Steel launch legal challenge after Biden administration blocks $15 billion deal