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.

U.S. regional banks are filling the lending gap for oil, gas, and coal companies left by European lenders amid climate concerns, with banks like Citizens Financial Group Inc., BOK Financial Corp., and Truist Securities Inc. increasing fossil-fuel loans.

JPMorgan and Kotak Mahindra Bank are enlisted by Carlyle Group to assist in Hexaware Technologies Ltd.'s upcoming IPO in Mumbai, aiming for a $1 billion raise, potentially valuing the Indian firm at $6 billion.

LinkedIn, in a bid to rival TikTok and Instagram in influencer marketing, has launched "Thought Leader ads," allowing advertisers to promote posts from independent creators.

Disneyland Resort is implementing lifetime bans for guests caught lying about disabilities in order to access attractions. This is part of a broader policy overhaul amid a rise in fraudulent claims, effective May 20 in Florida and June 18 in California.

The U.S. government disclosed a breach of Microsoft corporate emails by Russian hackers, prompting the Cybersecurity and Infrastructure Security Agency (CISA) to issue a rare directive for affected agencies to change compromised log-ins and investigate further.

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.

Apple's plans to introduce new Mac computers with M4 processors designed for AI capabilities resulted in a $112 billion surge in stock value, signaling investor confidence in the move.

JPMorgan Chase CEO Jamie Dimon warns that persistent inflation, ongoing wars, and the Fed's tightening means there's a need for preparedness as the US economy may inevitably fail.

Former NFL star O.J. Simpson has died at 76 from cancer, leaving behind a legacy that includes his football career, business ventures and high-profile murder trial.

Biden's administration allocates $830 million to safeguard American infrastructure against climate-driven extreme weather, supporting 80 projects nationwide as part of the Bipartisan Infrastructure Law.

Former President Trump's casual Chick-fil-A visit contrasts with President Biden's White House State Dinner, as both navigate differing approaches amid the upcoming presidential elections.

Chinese automakers are expanding global EV exports but face ship shortages, reflecting China's rise as a top auto exporter.

Cocoa prices keep going up for a fifth consecutive day due to a shortage in supply, prompting concerns for traders and growers in countries like Ghana.

China imposes sanctions on two U.S. defense companies for alleged involvement in arms sales to Taiwan by freezing their assets within China and barring entry into the country.

AT&T confirms millions of customer records exposed in a recent data breach, prompting the telecom giant to notify regulators and affected individuals while offering identity theft protection services in compliance with legal obligations.

ByteDance, the parent company of TikTok, saw a massive surge in profits in 2023, surpassing industry giants like Tencent and Alibaba Group, despite the TikTok ban in the US.

As streaming prices surge, Hollywood urges Congress to reintroduce failed anti-piracy law amid rising concerns about video piracy, proposing ISP site-blocking measures similar to SOPA despite past free speech objections and widespread protests.

After replacing Twitter.com with X.com, Elon Musk's X was accused by users of inadvertently opening avenues for phishing scams. This led vigilant users to preemptively purchase similar domains to prevent malicious activities.

Biden's National Labor Relations Board's top lawyer vows to resist legal challenges from corporate giants like Amazon, Starbucks, and SpaceX, accusing them of retaliating against the agency's efforts to hold them accountable for violating workers' rights.

The Biden administration has enacted the first-ever nationwide restrictions on toxic PFAS in drinking water, requiring water utilities to reduce PFAS levels to the lowest measurable amount to address serious health risks.

In a move to rival Nvidia's AI chip dominance, Intel announces its new Gaudi 3 chip, boasting superior efficiency and speed compared to competitors.

Elon Musk predicts that superhuman artificial intelligence will be developed by next year but warns people of the associated risks, as seen through his AI startup xAI.

Australian investment bank Macquarie, criticized for its role in loading Thames Water with debt during its ownership from 2006 to 2017, is reportedly among the lenders to Thames Water's troubled parent company.

The EPA's new rule, supported by President Biden, mandates over 200 chemical plants to cut cancer-causing emissions, prioritizing environmental justice, particularly in communities near New Orleans.

Norfolk Southern agreed to a $600 million settlement for an Eastern Ohio train accident in February 2023. The accident derailed about 50 cars, leading to the evacuation of 1,500 to 2,000 residents.

Google Cloud and German healthcare giant, Bayer are working together to make an AI-powered radiology platform to improve and speed up diagnostic efficiency and alleviate challenges faced by radiologists.

Ninja Van expands its logistics services to include refrigerated item delivery, such as fresh fruits and sashimi and uses cooler boxes in its fleet of vehicles.

Nintendo has announced the closure of two major online services, affecting various Nintendo 3DS and Wii U models, but features like StreetPass and Pokémon Bank will continue to function post-shutdown.

President Biden's updated initiatives for his student debt relief program will provide financial relief to over 30 million borrowers by canceling interest, nullifying debt for eligible individuals, and granting relief of at least $5,000 to millions more.