Walmart pulls back on DEI efforts, removes some LBGTQ merchandise

Walmart pulls back on DEI efforts, removes some LBGTQ merchandise

Walmart Supercenter in Burbank onThursday, Nov. 21, 2024.  Allen J. Schaben | Los Angeles Times | Getty Images Walmart on Monday confirmed that it’s ending some of its diversity initiatives, removing some LGBTQ-related merchandise from its website and winding down a nonprofit that funded programs for minorities. The nation’s largest employer, which has about 1.6 … Read more

Hedge fund bets on a key oil and gas supply chain stock, saying it could rise over 300%

Hedge fund bets on a key oil and gas supply chain stock, saying it could rise over 300%

London-based hedge fund Granular Capital has revealed a renewed interest Borr Drilling , saying the offshore drilling company’s shares could increase by up to 300% or 400%. Granular is the largest shareholder of Borr Drilling, which provides offshore drilling vessels for hire to large companies in the oil and gas industry on a fixed-term basis … Read more