Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

Apple’s board recommends shareholders vote against proposal to eliminate diversity programs

by
January 12, 2025
in Investing
0
Apple’s board recommends shareholders vote against proposal to eliminate diversity programs

(Reuters) – Apple (NASDAQ:AAPL)’s board of directors recommended investors vote against a shareholder proposal to abolish the company’s Diversity, Equity, and Inclusion (DEI) programs, according to a proxy filing from the company.

The National Center for Public Policy, a conservative think tank, submitted a proposal that the company consider abolishing its “Inclusion & Diversity program, policies, department and goals.”

The proposal cited recent Supreme Court decisions, and made the argument that DEI poses “litigation, reputational and financial risks to companies” and could make Apple more vulnerable to lawsuits.

Apple responded that it had a well-established compliance program and the proposal was unnecessary. It added that the shareholder proposal was an inappropriate attempt to micromanage Apple’s business strategy.

“Apple is an equal opportunity employer and does not discriminate in recruiting, hiring, training, or promoting on any basis protected by law”, the iPhone maker said in the filing. The news was first reported by TechCrunch.

Several major companies including Meta (NASDAQ:META) and Amazon (NASDAQ:AMZN) are winding down diversity programs ahead of Republican Donald Trump’s return to the U.S. presidency as conservative opposition to such initiatives grows louder.

Conservative groups have denounced DEI programs and threatened to sue companies over them, emboldened by a U.S. Supreme Court ruling in 2023 that struck down affirmative action in university admissions decisions.

The changes show how some of America’s biggest businesses have reacted to a larger conservative backlash against diversity initiatives, which multiplied after widespread protests following the police killings of George Floyd and other Black Americans in 2020.

This post appeared first on investing.com
Previous Post

Factbox-US companies tweak diversity policies as challenges mount

Next Post

Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal

Next Post
Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal

Biden admin delays enforcement of order blocking Nippon Steel, US Steel deal

  • Trending
  • Comments
  • Latest
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
Analysis-To weather Trump, emerging market investors look to the frontier

Analysis-To weather Trump, emerging market investors look to the frontier

January 27, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
Obama was ‘not happy’ with quick Pelosi endorsement of Harris, book says

Obama was ‘not happy’ with quick Pelosi endorsement of Harris, book says

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Obama was ‘not happy’ with quick Pelosi endorsement of Harris, book says

Obama was ‘not happy’ with quick Pelosi endorsement of Harris, book says

October 28, 2025
Flight delays worsen as unpaid air traffic controllers feel government shutdown pain

Flight delays worsen as unpaid air traffic controllers feel government shutdown pain

October 28, 2025
Trump says missiles for Japan’s F-35s will arrive ‘this week’ during visit to USS George Washington

Trump says missiles for Japan’s F-35s will arrive ‘this week’ during visit to USS George Washington

October 28, 2025
Comer unleashes on Biden, demands DOJ probe of autopen use in scathing new report

Comer unleashes on Biden, demands DOJ probe of autopen use in scathing new report

October 28, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Obama was ‘not happy’ with quick Pelosi endorsement of Harris, book says

    Obama was ‘not happy’ with quick Pelosi endorsement of Harris, book says

    October 28, 2025
    Flight delays worsen as unpaid air traffic controllers feel government shutdown pain

    Flight delays worsen as unpaid air traffic controllers feel government shutdown pain

    October 28, 2025
    Trump says missiles for Japan’s F-35s will arrive ‘this week’ during visit to USS George Washington

    Trump says missiles for Japan’s F-35s will arrive ‘this week’ during visit to USS George Washington

    October 28, 2025
    Comer unleashes on Biden, demands DOJ probe of autopen use in scathing new report

    Comer unleashes on Biden, demands DOJ probe of autopen use in scathing new report

    October 28, 2025

    Top News

    Obama was ‘not happy’ with quick Pelosi endorsement of Harris, book says

    Obama was ‘not happy’ with quick Pelosi endorsement of Harris, book says

    October 28, 2025
    Flight delays worsen as unpaid air traffic controllers feel government shutdown pain

    Flight delays worsen as unpaid air traffic controllers feel government shutdown pain

    October 28, 2025

    Latest News

    • Obama was ‘not happy’ with quick Pelosi endorsement of Harris, book says
    • Flight delays worsen as unpaid air traffic controllers feel government shutdown pain
    • Trump says missiles for Japan’s F-35s will arrive ‘this week’ during visit to USS George Washington

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.