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TORONTO — Mark Scheifele scored a hat trick and an assist while Kyle Connor collected two goals and an assist to spark the NHL-leading Winnipeg Jets to a 5-2 win over the Toronto Maple Leafs on Monday. The Jets enter the Christmas break with back-to-back wins, while the Maple Leafs dropped their second in a row at Scotiabank Arena without wounded captain Auston Matthews, out with an upper-body injury. Connor scored late in the first period on the power play and early in the second to give the Jets a two-goal lead. Gabriel Vilardi picked up his second assist of the night with a brilliant pass to Scheifele in front at 3:27 of the third, giving the Jets a 3-1 advantage. Scheifele banged in a loose puck for his 20th midway through the third period and added an empty-netter for his hat trick. John Tavares scored twice for the Maple Leafs. Winnipeg out-shot the Leafs 27-25, with Jets goalie Connor Hellebuyck making 23 saves before a crowd of 18,923 fans. Joseph Woll stopped 22 shots in the Toronto net. Jets defenceman Josh Morrissey also notched two assists to reach 30 for the season. The win avenged the Maple Leafs' 6-4 victory in Winnipeg on Oct. 28, which ended the Jets' eight-game win streak to start the season. Maple Leafs forward William Nylander extended his point streak to seven games with assists on the Tavares goals. Takeaways Toronto: Defender Chris Tanev missed his first game this year with a lower-body ailment after skating in the pre-game warmup. Winnipeg: As impressive as the Jets (25-10-1) have played before the break, they are only one point ahead of the 36-game pace of 23-9-4 set a year ago. Key moment After Jets defenceman Neal Pionk had his shot blocked, the puck bounded to Marner for a breakaway. Pionk hustled back to lift Marner's stick to foil his shot attempt early in the second period to preserve Winnipeg's 2-0 lead. Key stat The Maple Leafs have gone 7-4-0 with Matthews on the sidelines this season and 42-23-2 in his career. Up next Toronto returns to action after the holiday break on Friday, visiting the Detroit Red Wings. On Saturday, the Jets play host to the Ottawa Senators. This report by The Canadian Press was first published Dec. 23, 2024. Tim Wharnsby, The Canadian PressDell Technologies Inc. and HP Inc. reported quarterly financial results that suggest a long-awaited recovery of the personal computer market is stalling. The shares of each company dropped in extended trading. NSE Revenue generated by Dell’s PC business declined 1% to $12.1 billion in the fiscal third quarter, falling short of estimates. While sales in HP’s PC unit rose 2% to $9.59 billion in the similar three-month period, that too missed the average analyst estimate. “The PC refresh cycle is pushing into next year,” Dell Chief Financial Officer Yvonne McGill said Tuesday on a call with analysts after the results. HP Chief Executive Officer Enrique Lores said in an interview that the release of Microsoft Corp.’s new edition of Windows software hasn’t fueled PC sales from corporate clients as quickly as in previous releases. The market had seen a historic decline in recent years after a burst of demand for new laptops in the early months of the pandemic when students and corporate employees were stuck at home. While signs of a rebound began to materialize this year, shipments again dipped in the third quarter, industry analyst IDC said in October. PC makers had hoped that new machines touted as better for artificial intelligence workloads would spur demand. But “buyers have yet to see clear benefits or business value,” Mikako Kitagawa, an analyst at Gartner Inc., said in report last month. Dell shares fell about 10% in late trading after closing at $141.74 in New York. The stock had gained 85% this year through Tuesday’s close. HP shares declined about 8% after closing at $39.10. HP stock had increased 30% this year. Dell is best known for its computer business, but the Round Rock, Texas-based company has enjoyed a renaissance of investor interest due to its high-powered servers for artificial intelligence workloads. Earlier this month, Dell announced it was shipping servers with Nvidia Corp.’s new Blackwell semiconductors to cloud infrastructure provider CoreWeave. Sales in Dell’s infrastructure unit including servers rose 34% to $11.4 billion in the period ended November 1, the company said in a statement. That’s just ahead of the $11.3 billion anticipated by analysts. Total revenue increased 10% to $24.4 billion, missing the average analyst estimate of $24.6 billion, according to data compiled by Bloomberg. The company shipped $2.9 billion in AI-optimized servers in the quarter, executives said. The metric was a step down from the $3.1 billion reported in the preceding period. “AI is a robust opportunity for us with no signs of slowing down,” Dell Chief Operating Officer Jeff Clarke said in the statement. He touted orders of AI servers in the quarter hitting $3.6 billion and growth “across all customer types.” For the quarter ending in February, Dell gave a revenue outlook of about $24.5 billion. Analysts, on average, projected $25.4 billion. Adjusted earnings will be $2.40 a share to $2.60, compared with the average estimate of $2.66. HP’s outlook also failed to impress. Earnings, excluding some items, will be 70 cents to 76 cents a share in the period ending in January, the Palo Alto, California-based company said. Analysts, on average, projected 86 cents. “Weaker-than-expected Personal Systems sales and profit were the biggest drag on HP’s fiscal 4Q results, and its below-consensus 1Q EPS guidance suggests little improvement in PC demand in the seasonally stronger December quarter,” Woo Jin Ho, an analyst at Bloomberg Intelligence, said in a note after the results.WEST PALM BEACH, Fla. — First it was Canada, then the Panama Canal. Now, Donald Trump again wants Greenland. The president-elect is renewing unsuccessful calls he made during his first term for the U.S. to buy Greenland from Denmark, adding to the list of allied countries with which he's picking fights even before taking office on Jan. 20. In a Sunday announcement naming his ambassador to Denmark, Trump wrote that, "For purposes of National Security and Freedom throughout the World, the United States of America feels that the ownership and control of Greenland is an absolute necessity." Trump again having designs on Greenland comes after the president-elect suggested over the weekend that the U.S. could retake control of the Panama Canal if something isn't done to ease rising shipping costs required for using the waterway linking the Atlantic and Pacific oceans. He's also been suggesting that Canada become the 51st U.S. state and referred to Canadian Prime Minister Justin Trudeau as "governor" of the "Great State of Canada." Stephen Farnsworth, a political science professor at the University of Mary Washington in Fredericksburg, Virginia, said Trump tweaking friendly countries harkens back to an aggressive style he used during his days in business. "You ask something unreasonable and it's more likely you can get something less unreasonable," said Farnsworth, who is also author of the book "Presidential Communication and Character." Greenland, the world's largest island, sits between the Atlantic and Arctic oceans. It is 80% covered by an ice sheet and is home to a large U.S. military base. It gained home rule from Denmark in 1979 and its head of government, Múte Bourup Egede, suggested that Trump's latest calls for U.S. control would be as meaningless as those made in his first term. "Greenland is ours. We are not for sale and will never be for sale," he said in a statement. "We must not lose our years-long fight for freedom." Trump canceled a 2019 visit to Denmark after his offer to buy Greenland was rejected by Copenhagen, and ultimately came to nothing. He also suggested Sunday that the U.S. is getting "ripped off" at the Panama Canal. "If the principles, both moral and legal, of this magnanimous gesture of giving are not followed, then we will demand that the Panama Canal be returned to the United States of America, in full, quickly and without question," he said. Panama President José Raúl Mulino responded in a video that "every square meter of the canal belongs to Panama and will continue to," but Trump fired back on his social media site, "We'll see about that!" The president-elect also posted a picture of a U.S. flag planted in the canal zone under the phrase, "Welcome to the United States Canal!" The United States built the canal in the early 1900s but relinquished control to Panama on Dec. 31, 1999, under a treaty signed in 1977 by President Jimmy Carter. The canal depends on reservoirs that were hit by 2023 droughts that forced it to substantially reduce the number of daily slots for crossing ships. With fewer ships, administrators also increased the fees that shippers are charged to reserve slots to use the canal. The Greenland and Panama flareups followed Trump recently posting that "Canadians want Canada to become the 51st State" and offering an image of himself superimposed on a mountaintop surveying surrounding territory next to a Canadian flag. Trudeau suggested that Trump was joking about annexing his country, but the pair met recently at Trump's Mar-a-Lago club in Florida to discuss Trump's threats to impose a 25% tariff on all Canadian goods. "Canada is not going to become part of the United States, but Trump's comments are more about leveraging what he says to get concessions from Canada by putting Canada off balance, particularly given the precarious current political environment in Canada," Farnsworth said. "Maybe claim a win on trade concessions, a tighter border or other things." He said the situation is similar with Greenland. "What Trump wants is a win," Farnsworth said. "And even if the American flag doesn't raise over Greenland, Europeans may be more willing to say yes to something else because of the pressure."
( MENAFN - GlobeNewsWire - Nasdaq) TORONTO, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Blockmate Ventures Inc. (TSX.V: MATE) (OTCQB: MATEF) (FSE: 8MH1) (“ Blockmate ” or the“ Company ”) is pleased to announce that it has closed its strategic investment (the“ Offering ”) involving a group of strategic investors led by Antanas Guoga (Tony G) for gross proceeds of $1,400,000. This strategic funding supports Blockmate's pursuit of industry leadership in blockchain innovation and underscores our commitment to sustainable and transformative technology. In connection with completion of the Offering, the Company has issued 14,000,000 units (each, a“ Unit ”) at a price of $0.10 per Unit. Each Unit consists of one common share, and one common share purchase warrant exercisable to acquire a further common share at a price of $0.50 until December 23, 2027. All securities issued in connection with the Offering are subject to statutory restrictions on resale until April 24, 2025, in accordance with applicable securities laws. In addition, Tony G has voluntarily agreed to restrict resale of the 10,000,000 Units he acquired in the Offering until December 23, 2025. No finders' fees or commissions were paid by the Company in connection with completion of the Offering. Incentive Grant The Company also announces that it has granted 5,275,000 incentive stock options (the“ Options ”), 1,200,000 restricted share units (the“ RSUs ”) and 5,000,000 deferred share units (the“ DSUs ”) in accordance with its omnibus incentive plan (the“ Incentive Plan ”) adopted by shareholders at the annual general and special meeting held on November 23, 2023. 625,000 of the Options vest immediately and are exercisable at a price of $0.21 for a period of thirty-six months. The remaining 5,000,000 Options vest quarterly over a twenty-four month period, and are exercisable at a price of $0.21 for a period of forty-eight months. The RSUs vest and will be settled in common shares of the Company after twelve months. The DSUs vest after twelve months but will only be settled in common shares of the Company upon the departure of the holder from the Company. 2,725,000 of the Options and all of the DSUs exceed the available room under the Incentive Plan. The Company intends to seek approval of shareholders to increase the size of the Incentive Plan at the next annual general meeting and will at that time seek ratification from shareholders for the additional Options and the DSUs. Until such time as shareholder ratification has been received, the additional Options and DSUs will not vest and will not be eligible for exercise or settlement. In the event shareholders elect not to ratify the grant, and room within the Incentive Plan is not available at the time, the additional Options and DSUs will be cancelled. Early Warning Disclosure In connection with the incentive grant, Domenic Carosa, a director of the Company, has been issued 5,000,000 Options and 5,000,000 DSUs. Prior to the grant, Mr. Carosa controlled 17,252,400 common shares, 1,500,000 incentive stock options, and 3,000,000 common share purchase warrants, of the Company, all of which are held by Carosa Corporation B.V., a holding company controlled by Domenic Carosa. The common shares controlled by Mr. Carosa prior to the grant represent approximately 15.1% of the issued and outstanding common shares of the Company. Following the grant, Mr. Carosa has control and direction over 17,252,400 common shares, 6,500,000 Options, 3,000,000 common share purchase warrants and 5,000,000 DSUs of the Company. Assuming the exercise and conversion of all of the Options, share purchase warrants and DSUs controlled by Mr. Carosa, he would have control and direction over 31,752,400 common shares of the Company representing approximately 19.8% of the then outstanding common shares of the Company. Mr. Carosa has acquired the securities for investment purposes and in connection with his compensation as a director of the Company and, as disclosed in the accompanying Early Warning Report, may in the future acquire or dispose of securities of the Company, through the market, privately or otherwise, as circumstances or market conditions warrant. A copy of the Early Warning Report filed with the applicable securities regulators regarding the above acquisition will be available under the profile for the Company on SEDAR+ ( ). About Blockmate Ventures Inc. Blockmate is a venture creator focussing on building fast-growing technology businesses relating to cutting edge sectors such as blockchain and renewable energy. Working with prospective founders, projects in incubation can benefit from the Blockmate ecosystem that offers tech, services, integrations and advice to accelerate the incubation of projects towards monetization. Recent projects include Hivello (download our free passive income app at ) and Sunified, digitising solar energy. The leadership team at Blockmate have successfully founded successful tech companies from the Dotcom era through to the social media era. Learn more about being a Blockmate at: . ON BEHALF OF THE BOARD OF DIRECTORS Justin Rosenberg, Chief Executive Officer Blockmate Ventures Inc. href="" rel="nofollow" target="_blank" title="">.. (+1-580-262-6130) Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release Forward-Looking Information This news release contains“forward-looking statements” or“forward-looking information” (collectively,“forward-looking statements”) within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on the assumptions, expectations, estimates and projections as of the date of this news release. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied by forward-looking statements contained herein. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Raindrop disclaims any obligation to update any forward-looking statements, whether because of new information, future events or otherwise, except as may be required by applicable securities laws. Readers should not place undue reliance on forward-looking statements. MENAFN23122024004107003653ID1109025226 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.
When Katja Vogt considers a Jaguar, she pictures a British-made car purring confidently along the Italian coastline — a vision of familiarity that conveys “that dreaming, longing feeling we all love.” She’s not sure what to think about Jaguar now after the 89-year-old company announced a radical rebranding that featured loud colors and androgynous people — but no cars. Jaguar, the company says, will now be JaGUar. It will produce only electric vehicles beginning in 2026. Say goodbye to British racing green, Cotswold Blue and black. Its colors are henceforth electric pink, red and yellow, according to a video that sparked backlash online. Its mission statement: “Create exuberance. Live vivid. Delete ordinary. Break moulds.” “Intrigued?” @Jaguar posted on social media. “Weird and unsettled” is more like it, Vogt wrote on Instagram. “Especially now, with the world feeling so dystopian,” the Cyprus-based brand designer wrote, “a heritage brand like Jaguar should be conveying feelings of safety, stability, and maybe a hint of rebellion — the kind that shakes things up in a good way, not in a way that unsettles.” Jaguar was one of several iconic companies that announced significant rebrandings in recent weeks, upending a series of commercial — and cultural — landmarks by which many modern human beings sort one another, carve out identities and recognize the world around them. Campbell’s, the 155-year-old American icon that artist Andy Warhol immortalized in pop culture decades ago, is ready for a new, soupless name. Comcast’s corporate reorganization means there will soon be two television networks with “NBC” in their name — CNBC and MSNBC — that will no longer have any corporate connection to NBC News, a U.S. legacy news outlet. One could even argue the United States itself is rebranding with the election of former President Donald Trump and Republican majorities in the House and Senate. Unlike Trump’s first election in 2016, he won the popular vote in what many called a national referendum on American identity. Are we, then, the sum total of our consumer decisions — what we buy, where we travel and whom we elect? Certainly, it’s a question for those privileged enough to be able to afford such choices. Volumes of research in the art and science of branding — from “brandr,” an old Norse word for burning symbols into the hides of livestock — say those factors do contribute to the modern sense of identity. So rebranding, especially of heritage names, can be a deeply felt affront to consumers. “It can feel like the brand is turning its back on everything that it stood for — and therefore it feels like it’s turning its back on us, the people who subscribe to that idea or ideology,” said Ali Marmaduke, strategy director with the Amsterdam-based Brand Potential. He said cultural tension — polarization — is surging over politics, wars in Russia and the Mideast, the environment, public health and more, creating what he said is known as a “polycrisis”: the idea that there are several massive crises converging that feel scary and complex. “People are understandably freaked out by that,” he said. “So we are looking for something that will help us navigate this changing, threatening world that we face.” Trump’s “Make America Great Again” qualifies. So did President Joe Biden’s “Build Back Better” slogan. Campbell’s soup itself — “Mmm Mmm Good” — isn’t going anywhere, CEO Mark Clouse said. The company’s new name, Campbell’s Co., will reflect “the full breadth of our portfolio,” which includes brands like Prego pasta sauce and Goldfish crackers. None of the recent activity around heritage brands sparked a backlash as ferocious as Jaguar’s. The company stood as a pillar of tradition-loving British identity since World War II. Jaguar said its approach to the rebrand was rooted in the philosophy of its founder, Sir William Lyons, to “copy nothing.” What it’s calling “the new Jaguar” will overhaul everything from the font of its name to the positioning of its famous “leaper” cat. “Exuberant modernism” will “define all aspects of the new Jaguar world,” according to the company. The approach is thought to be aimed at selling fewer cars at a six-figure price point to a more diverse customer base. The reaction ranged from bewilderment to hostility. Memes sprouted up likening the video to the Teletubbies, a Benetton ad and — perhaps predictably — a bow to “woke” culture as the blowback intersected with politics. Get local news delivered to your inbox!
Brazil’s Bolsonaro planned and participated in a 2022 coup plot, unsealed police report alleges
A user opens SK Telecom's conversational AI agent adot.ai service via a smartphone. Courtesy of SK Telecom SK Telecom topped the industry-wide National Customer Satisfaction Index (NCSI) rankings for the 27th year, according to the Korea Productivity Center (KPC) on Friday. Securing over 80 points this year, the company has topped the mobile carrier category for 27 years since the KPC started the list in 1998. “SK Telecom has continuously done its best to satisfy the needs of our customers," SK Telecom said in a press release. “We believe the list has reflected our long(-term) efforts.” In a bid to maximize its customers' experience with artificial intelligence (AI), SK Telecom updated its conversational AI service, adot.ai, in August. The update includes upgrading its large language model (LLM) to offer a more natural conversation experience with users, strengthening its calendar scheduling service and revamping the app’s user interface. Thanks to the upgrade, customers can now use the world’s cutting-edge LLM agents such as Perplexity, ChatGPT, Claude and A.X. The adot.ai agent also allows them to use customized services in music and media recommendations as well as stock investment. In September, SK Telecom also released the iOS version of the ZEM app, a self-monitoring app for customers aged under 14. Via the app, users can plan how much they will use their smartphone and what apps they will use during the day. Up to five guardians, who install the ZEM-For Parents app, can monitor the amount of time their kids spend on their smartphones and which apps they use. SK Telecom is the only mobile carrier that provides such services both on iOS and Android platforms. Last year, it also introduced a service plan exclusively designed for customers aged under 34 to offer up to 50 percent more 5G data in its package along with various coffee and movie ticket vouchers. According to the mobile carrier, seven out of 10 customers under 24 are using the plan. Hy Central Laboratory in Yongin, Gyeonggi Province / Courtesy of hy Dairy producer hy also topped the NCSI rankings for the 27th year in the milk/fermented milk category, the KPC said. It has held the top position on the list since the KPC began announcing rankings in 1998. The company stated in a press release that its relentless efforts to strengthen its probiotic technology are the reason behind its dominant position on the list. “Hy has continuously worked on its probiotics technology to compete in the global market,” hy Central Laboratory head Lee Jae-hwan said. “Hy has been the No. 1 brand in fermented milk. We will continue our efforts to introduce better products in the future.” Hy was the nation's first food company to establish a research center focused on dairy production technologies in 1976. Approximately 90 percent of the company's workforce hold master's or doctoral degrees. In a bid to strengthen its competitiveness, it also formed the Future Insight Advisory Committee, a joint study group with outside scholars to comprehensively analyze the dairy producer’s various probiotics. Renowned scholars, including Kim Yeon-soo, former Seoul National University Hospital head, and Gloria Kim, a cognitive science professor at the Massachusetts Institute of Technology, are part of the group’s advisory members. Samsung Card's promotional image for its new credit card lineup / Courtesy of Samsung Card Samsung Card also secured the top position in the industry-wide NCSI rankings in the credit card category for the 11th consecutive year, according to the KPC. The company’s strong performance reflects its unwavering commitment to safeguarding customers from the possibility of fraud. The credit card issuer also provides a comprehensive expenditure monitoring service to customers via its recently renovated in-app user interface. Collecting related data from its sister firms, Samsung Life, Samsung Fire & Marine Insurance and Samsung Securities, it allows customers to get a wide range of financial analytic services in consumption, insurance, investment and pensions. In 2021, Samsung Card introduced the Samsung iD Card, a custom-made credit card designed by each cardholder. Each card is made with reusable plastic and low-carbon paper, a measure to fulfill its commitment to conserving environmental resources. To assist hearing-impaired customers, Samsung Card has provided an instant messaging service and a video-calling service. For disabled and older adult customers, its employees visit their houses during the credit card application review process. Samsung Securities employees consult a customer in asset management. Courtesy of Samsung Securities Samsung Securities claimed the top spot in the NCSI in the overall Securities and consignment trading category, according to the KPC. The brokerage said in a statement that it offered differentiated asset management services for customers thanks to its diverse investment experts at home and abroad. “Samsung Securities specializes in asset management for corporate customers,” a Samsung Securities official said. “We also provide networking events for CEOs and chief financial officers of renowned businesses here.” It also offers custom-made digitalized asset management services for the mid and lower-income brackets as well as those in younger generations who just landed a job. Studying and analyzing each customer’s income and consumption flow, the firm’s one-stop digitalized consulting agent offers an ideal financial product for each customer. The brokerage also regularly collects each customer’s feedback to optimize the firm’s service structure, the official added. NCSI logo Surveying over 300 companies, colleges and state-run institutions in over 80 industry sectors, the KPC has collected and studied related data to release the NCSI rankings with customer evaluations of products and services since 1998. This year’s overall customer satisfaction index averaged 78 points in 2024, down 0.2 points from the previous year. “The NCSI has experienced a decline in two consecutive years,” the KPC said in a press release. “The prolonged downturn followed by low consumption adversely influenced the figure." To remove this article -Boney Kapoor shares hair restoration success at Eugenix event
Dee Devlin just went scorched earth on Conor McGregor 's sexual assault accuser ... lighting her up in a series of Instagram posts on Tuesday afternoon. In the IG Stories, the UFC superstar's longtime partner called Nikita Ni Lamhain -- who just won her civil case against McGregor in Ireland last week -- a liar ... and said straight up, "My sons will be warned women like you exist in the world." Devlin claimed that back in 2018, prior to Ni Lamhain's suit against McGregor, Ni Lamhain would send "messages and pictures of herself over and over to my man" ... despite knowing he was in a committed relationship. She also said Ni Lamhain made up her allegations against McGregor -- claiming surveillance footage following Ni Lamhain's now-infamous '18 encounter with McGregor backs up her beliefs. "CCTV DOES NOT LIE," she wrote. "I look forward [to] the day the world will see the footage of you on that night and the carry on of you." "Not a bother on you having the time of your life. This is the real evidence, video footage no one knew was being taken in the moment which you miraculously don't remember? To me it looks like you're the one sexually assaulting in the lift. To me it looks like everyone is trying to get away from you." In a separate post on the social media app, Devlin shared a snap of McGregor and their family ... making it clear she's fully in his corner despite the jury's ruling last Friday. "I love him I trust him and I BELIEVE HIM!" she wrote. "Our four beautiful children whose smiling faces and happy hearts are testimony to the man he is and who we are!" "No one is entitled to comment on our relationship -- we trust one another and love one another. Nothing will change that. Our family stands strong!" Waiting for your permission to load the Instagram Media. For Conor's part, he's been adamant that his intercourse with Ni Lamhain was nothing but consensual ... and he issued a public apology to Devlin for his actions in a statement on his X page on Monday. On Tuesday, he also re-shared one of Devlin's posts, captioning it with a couple emojis. As for the result of the civil case, McGregor has vowed to appeal the decision.NoneIPO Buzz: 2 New Offers And 6 Listings To Wrap Up Record-Breaking Year
NoneBy ALEXANDRA OLSON and CATHY BUSSEWITZ NEW YORK (AP) — Walmart’s sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at U.S. companies that are revaluating the legal and political risks associated with bold programs to bolster historically underrepresented groups in business. The changes announced by the world’s biggest retailer followed a string of legal victories by conservative groups that have filed an onslaught of lawsuits challenging corporate and federal programs aimed at elevating minority and women-owned businesses and employees. The risk associated with some of programs crystalized with the election of former President Donald Trump, whose administration is certain to make dismantling diversity, equity and inclusion programs a priority. Trump’s incoming deputy chief of policy will be his former adviser Stephen Miller , who leads a group called America First Legal that has aggressively challenged corporate DEI policies. “There has been a lot of reassessment of risk looking at programs that could be deemed to constitute reverse discrimination,” said Allan Schweyer, principal researcher the Human Capital Center at the Conference Board. “This is another domino to fall and it is a rather large domino,” he added. Among other changes, Walmart said it will no longer give priority treatment to suppliers owned by women or minorities. The company also will not renew a five-year commitment for a racial equity center set up in 2020 after the police killing of George Floyd. And it pulled out of a prominent gay rights index . Schweyer said the biggest trigger for companies making such changes is simply a reassessment of their legal risk exposure, which began after U.S. Supreme Court’s ruling in June 2023 that ended affirmative action in college admissions. Since then, conservative groups using similar arguments have secured court victories against various diversity programs, especially those that steer contracts to minority or women-owned businesses. Most recently, the conservative Wisconsin Institute for Law & Liberty won a victory in a case against the U.S. Department of Transportation over its use of a program that gives priority to minority-owned businesses when it awards contracts. Companies are seeing a big legal risk in continuing with DEI efforts, said Dan Lennington, a deputy counsel at the institute. His organization says it has identified more than 60 programs in the federal government that it considers discriminatory, he said. “We have a legal landscape within the entire federal government, all three branches — the U.S. Supreme Court, the Congress and the President — are all now firmly pointed in the direction towards equality of individuals and individualized treatment of all Americans, instead of diversity, equity and inclusion treating people as members of racial groups,” Lennington said. The Trump administration is also likely to take direct aim at DEI initiatives through executive orders and other policies that affect private companies, especially federal contractors. “The impact of the election on DEI policies is huge. It can’t be overstated,” said Jason Schwartz, co-chair of the Labor & Employment Practice Group at law firm Gibson Dunn. With Miller returning to the White House, rolling back DEI initiatives is likely to be a priority, Schwartz said. “Companies are trying to strike the right balance to make clear they’ve got an inclusive workplace where everyone is welcome, and they want to get the best talent, while at the same time trying not to alienate various parts of their employees and customer base who might feel one way or the other. It’s a virtually impossible dilemma,” Schwartz said. A recent survey by Pew Research Center showed that workers are divided on the merits of DEI policies. While still broadly popular, the share of workers who said focusing on workplace diversity was mostly a good thing fell to 52% in the November survey, compared to 56% in a similar survey in February 2023. Rachel Minkin, a research associated at Pew called it a small but significant shift in short amount of time. There will be more companies pulling back from their DEI policies, but it likely won’t be a retreat across the board, said David Glasgow, executive director of the Meltzer Center for Diversity, Inclusion and Belonging at New York University. “There are vastly more companies that are sticking with DEI,” Glasgow said. “The only reason you don’t hear about it is most of them are doing it by stealth. They’re putting their heads down and doing DEI work and hoping not to attract attention.” Glasgow advises organizations to stick to their own core values, because attitudes toward the topic can change quickly in the span of four years. “It’s going to leave them looking a little bit weak if there’s a kind of flip-flopping, depending on whichever direction the political winds are blowing,” he said. One reason DEI programs exist is because without those programs, companies may be vulnerable to lawsuits for traditional discrimination. “Really think carefully about the risks in all directions on this topic,” Glasgow said. Walmart confirmed will no longer consider race and gender as a litmus test to improve diversity when it offers supplier contracts. Last fiscal year, Walmart said it spent more than $13 billion on minority, women or veteran-owned good and service suppliers. It was unclear how its relationships with such business would change going forward. Organizations that that have partnered with Walmart on its diversity initiatives offered a cautious response. The Women’s Business Enterprise National Council, a non-profit that last year named Walmart one of America’s top corporation for women-owned enterprises, said it was still evaluating the impact of Walmart’s announcement. Pamela Prince-Eason, the president and CEO of the organization, said she hoped Walmart’s need to cater to its diverse customer base will continue to drive contracts to women-owned suppliers even if the company no longer has explicit dollar goals. “I suspect Walmart will continue to have one of the most inclusive supply chains in the World,” Prince-Eason wrote. “Any retailer’s ability to serve the communities they operate in will continue to value understanding their customers, (many of which are women), in order to better provide products and services desired and no one understands customers better than Walmart.” Walmart’s announcement came after the company spoke directly with conservative political commentator and activist Robby Starbuck, who has been going after corporate DEI policies, calling out individual companies on the social media platform X. Several of those companies have subsequently announced that they are pulling back their initiatives, including Ford , Harley-Davidson, Lowe’s and Tractor Supply . Walmart confirmed to The Associated Press that it will better monitor its third-party marketplace items to make sure they don’t feature sexual and transgender products aimed at minors. The company also will stop participating in the Human Rights Campaign’s annual benchmark index that measures workplace inclusion for LGBTQ+ employees. A Walmart spokesperson added that some of the changes were already in progress and not as a result of conversations that it had with Starbuck. RaShawn “Shawnie” Hawkins, senior director of the HRC Foundation’s Workplace Equality Program, said companies that “abandon” their commitments workplace inclusion policies “are shirking their responsibility to their employees, consumers, and shareholders.” She said the buying power of LGBTQ customers is powerful and noted that the index will have record participation of more than 1,400 companies in 2025.
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PSV staged a dramatic Champions League comeback against 10-man Shakhtar Donetsk in Eindhoven, winning 3-2 from two goals down in the 87th minute. The visitors went in front after just eight minutes from a quick breakaway, with Yukhym Konoplia setting up Danylo Sikan, whose shot squeezed beyond PSV keeper Walter Benítez. Oleksandr Zubkov doubled Shakhtar’s lead with a superb curling finish in the 37th minute, putting the Ukrainians in control of the match. Despite PSV having numerous efforts on goal, Shakhtar looked largely untroubled until Pedro Henrique was sent off for a dangerous challenge on Johan Bakayoko in the 69th minute. That allowed the hosts to pile on the pressure, but they were kept out until Malik Tillman’s free kick squeezed past Dmytro Riznyk at the near post. Tillman brought Peter Bosz’s side level on 90 minutes with a thumping strike from outside the area. With Shakhtar’s defence all at sea, Ricardo Pepi finished off a passing move with a shot that went in off the post, his 95th-minute winner sparking delirium among the home supporters. Benfica came from behind twice to end 10-man Monaco ’s unbeaten Champions League start, scoring two late headers to grab a thrilling 3-2 away win. Monaco’s Eliesse Ben Seghir got his side off to the perfect start, breaking the deadlock in the 13th minute by rifling home from Aleksandr Golovin’s cut-back. Ángel Di María and Nicolás Otamendi both went close for Benfica before half time, with Monaco’s Breel Embolo smacking a shot off the post soon after the restart. That miss that proved costly when Benfica’s Vangelis Pavlidis made the most of Caio Henrique’s weak header to steal the ball and equalise. Both sides then had goals ruled out for offside by VAR, before Monaco defender Wilfried Singo picked up his second yellow card just before the hour mark. Despite that setback, Monaco retook the lead as substitute Soungoutou Magassa charged on to Christian Mawissa’s angled pass and drilled home for his first goal for the club. But Di María had the final say, crossing for Arthur Cabral to level in the 84th minute, then picking out Zeki Amdouni to head home the winner four minutes later. Borussia Dortmund eased past hosts Dinamo Zagreb 3-0 to stay firmly on course for a top-eight finish and an automatic place in the last 16. Jamie Gittens fired last year’s finalists into a deserved lead in the 41st minute, finishing well after Danijel Zagorac had spectacularly kept out Donyell Malen’s point-blank header. Ramy Bensebaini headed in Dortmund’s second goal from a corner early in the second half. Forward Serhou Guirassy, back after a short illness, got on the scoresheet late in the game. The substitute broke clear of the Zagreb defence and ran on a deflected pass before slotting the ball through the keeper’s legs. Lille boosted their bid for a top-eight finish with a 2-1 away win at Bologna , whose hopes of reaching the knockout rounds look slim. Ngal’ayel Mukau opened the scoring for the visitors just before the break, and while Jhon Lucumi got Bologna’s first Champions League goal in the 63rd minute, Mukau struck again just three minutes later to earn victory. Sign up to Football Daily Kick off your evenings with the Guardian's take on the world of football after newsletter promotion Earlier on Wednesday, Red Star Belgrade came from a goal down to thrash visitors Stuttgart 5-1 and earn their first league-phase points in emphatic fashion. Ermedin Demirovic volleyed in from close range to give the visitors a fifth-minute lead but Silas, on loan from Stuttgart, levelled for the hosts seven minutes later. With Red Star’s fans growing louder, their team took the lead in the 31st minute with a fierce volley from Rade Krunic. Red Star were able to break through Stuttgart’s high line at will, wasting chances with two consecutive counters before Silas firing over the bar from close range. Mirko Ivanic then headed in at the far post in the 65th minute to make it 3-1 before another Nemanja Radonjic added gloss to the scoreline with two goals off the bench. Girona ’s struggles in the competition continued as they lost 1-0 at Sturm Graz in Wednesday’s other early kick-off. Mika Biereth’s second-half goal, scored on the rebound after Paulo Gazzaniga’s save, secured the hosts’ first points of the league phrase and their first win over a Spanish side in Europe.Pair of original MLS clubs to play for Cup title