Fortune 500 companies increasingly prioritize diversity, equity, and inclusion (DEI) initiatives as job seekers place greater importance on diversity. Here's everything to know about DEI and how it affects businesses.
Industry
UK: Record-Breaking Surge in Weather Damage Claims Leaves Home Insurers Reeling With £573 Million in Losses
Industry records show that storms and extreme rain caused a record £573 million ($715 million) in UK home insurance claims last year.
New York Legal Cannabis Industry Fears That Additional Pot Stores Might Have ‘Disastrous Consequences'
A group representing the legal marijuana market cautioned New York cannabis regulators that a large increase in pot retailers might harm licensed companies.
Apple Experiences 10% Decline in iPhone Shipments as Android Rivals Gain Steam
Apple has faced a significant setback in its iPhone shipments, experiencing a larger-than-projected 10% decline in the March quarter.
Narendra Modi Pledges to Make India a Worldwide Manufacturing Powerhouse as Businesses Leave China
Indian Prime Minister Narendra Modi pledged to make India a global manufacturing hub and construct infrastructure as companies leave China.
Latest News
Bitcoin experienced a significant drop in value following reports of Iran's alleged retaliatory attack involving numerous drones on Israel.
US Steel shareholders have overwhelmingly approved the firm's sale to Japan's Nippon Steel for a cash payment of $14.1 billion.
US intelligence has revealed a significant surge in China's equipment sales to Russia amid its ongoing war with Ukraine.
Nike is gearing up to make its biggest spending commitment yet for the upcoming Olympics. Nike is gearing up to make its biggest spending commitment yet for the upcoming Olympics, as the renowned sportswear brand aims to rejuvenate sales and contend with emerging competitors, according to a report by Reuters.
JPMorgan Chase exceeded expectations in its first-quarter profit, but shares dropped by 6% as projections for interest income fell short.
Roberto Cavalli was a renowned fashion designer who founded the Roberto Cavalli company in the 1970s.
Biden administration has been asked to suspend new flights to and from China temporarily. The United States aviation sector has petitioned the Biden administration to temporarily halt the authorization of new flights to and from China.
Samsung Next is leaving Israel as the war rages on. The firm decided to take its business operations abroad instead.
Amazon's Stefano La Rovere challenged the notion that technology displaces jobs, citing that robotics and AI have created new job categories and improved working conditions for employees.
