Money

Apple shareholders support diversity policies amid opposition

Apple shareholders uphold diversity policies despite conservative push to eliminate them, marking a significant win for management.

Published

11 months ago

February 26, 2025

ticker NEWS

Apple shareholders uphold diversity policies despite conservative push to eliminate them, marking a significant win for employees.

In Short

Apple shareholders voted to uphold the company’s diversity, equity, and inclusion (DEI) policies, rejecting a conservative group’s proposal to end these initiatives. CEO Tim Cook reiterated Apple’s commitment to diversity, despite legal concerns, while other management proposals were also approved.

Apple shareholders voted on to maintain the company’s diversity, equity, and inclusion (DEI) policies.

The decision represents a positive outcome for Apple management, which opposed efforts by a conservative group to end these initiatives.

The vote was a reflection of shifting shareholder sentiments regarding DEI programs, which gained traction after the Black Lives Matter movement in 2020.

Trump’s trend

Several major US companies face increasing pressure from conservative factions to abandon their DEI efforts. This trend has been particularly evident since Donald Trump’s ascension in US politics, who has voiced criticism against corporate DEI initiatives.

The proposal to cease DEI efforts, put forth by the National Center for Public Policy Research, was overwhelmingly rejected, with 210.45 million votes in favour and 8.84 billion against.

Proponents of the proposal cited potential legal repercussions as a concern for the company. Apple, however, highlighted its commitment to a culture of respect and diversity and stated their goal to mitigate legal risks.

Apple’s DEI initiatives include various support programs, such as partnerships with historically Black colleges and initiatives aiding indigenous communities in Mexico and Australia.

During the meeting, CEO Tim Cook reaffirmed the company’s dedication to fostering diversity while acknowledging that legal frameworks may necessitate future adjustments in policies.

Other proposals, including those related to artificial intelligence and reporting on pay gaps, were also defeated. All management proposals, including executive pay, received approval.

Money

U.S. and China approve TikTok sale to American investors

US and China approve TikTok’s sale to Oracle and Silver Lake amid regulatory scrutiny, with ByteDance retaining 20%.

Published

3 days ago

January 23, 2026

Harvey Vargas

US and China approve TikTok’s sale to Oracle and Silver Lake amid regulatory scrutiny, with ByteDance retaining 20%.

The United States and China have officially approved a deal for TikTok’s US operations to be sold to American investors, led by Oracle and Silver Lake.

This marks a major shift in the social media landscape as the platform navigates increasing regulatory scrutiny.

Under the new agreement, ByteDance will retain just under 20% of TikTok US, while Oracle and Silver Lake will each take 15% stakes. Other investors will also participate, forming a structure designed to satisfy both commercial and regulatory demands.

The new US-based entity will have a majority American board tasked with overseeing data protection and content moderation. Despite these safeguards, concerns remain about ByteDance’s influence and whether the deal fully complies with recent legislation.

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#TikTokSale #USChinaDeal #Oracle #SilverLake #ByteDance #TechNews #SocialMedia #DataProtection

Money

Markets tumble as Trump tariffs, Greenland rhetoric and Europe backlash collide

U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.

Published

5 days ago

January 21, 2026

Harvey Vargas

U.S. stocks plummet over 800 points amid renewed tariff threats and political tensions from Trump, sparking global trade concerns.

U.S. equities took a sharp hit as markets reacted to renewed tariff threats and heightened political rhetoric from President Donald Trump. The Dow plunged more than 800 points, with the S&P 500 and Nasdaq also sliding as investor nerves rattled risk assets.

The sell-off highlights growing concern around global trade tensions and geopolitical uncertainty, with markets struggling to price in what comes next for U.S. economic leadership and policy direction.

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#USMarkets #WallStreet #TrumpTariffs #GlobalMarkets #USDebt #Europe #Davos #Ticker

Money

Gold hits record highs as investors flee risk

Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.

Published

6 days ago

January 20, 2026

Harvey Vargas

Gold surges amid global uncertainty, with February futures rising 1.71% to $4,674.20 per ounce, signaling safe-haven demand.

Gold is shining brighter than ever as investors flock to safe-haven assets amid global uncertainty. U.S. gold futures for February delivery jumped 1.71% to $4,674.20 per ounce, while spot gold rose 1.6% to $4,668.14.

The surge comes as geopolitical tensions continue to worry traders, prompting a rush into metals perceived as stable and secure. Analysts say gold is proving its status as the ultimate hedge during turbulent times.

Investors are closely watching markets as gold sets new benchmarks, signalling growing caution across the financial landscape.

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#GoldRally #SafeHaven #InvestingTips #FinancialMarkets #GoldPrices #GlobalEconomy #MarketUpdate #TickerNews