Beneficient (BENF) shares surged over 18% in pre-market trading after announcing a significant equity restructuring, exceeding Nasdaq’s minimum requirement. The company also appointed a new board member and provided a positive update on its financial performance and Kansas operations.
This article analyzes Peloton’s recent hiring and marketing decisions, exploring their approach to diversity, equity, and inclusion (DEI). We examine the hiring of a non-Olympic rower as an instructor, the company’s new ad campaign featuring NFL stars, and the appointment of a new CEO with a background in fitness technology. We also discuss the potential impact of these decisions on Peloton’s future.
The WNBA Players Union has opted out of the current collective bargaining agreement, two years ahead of its expiration. This decision marks a crucial juncture for the league, fueled by record viewership, a historic media rights deal, and the players’ desire for a fairer share of the league’s growing success. The union is seeking an equity-based model that reflects the players’ contribution to the league’s rise, focusing on areas like salaries, retirement benefits, and enhanced family planning support.
This article explores how AI can be leveraged to create a more equitable and inclusive workplace, highlighting Salesforce’s commitment to ethical AI use and its efforts to address bias and promote diversity. Learn about AI-powered tools for inclusive coaching, recruitment, and talent planning, and discover how Salesforce prioritizes human skills in an AI-driven future.
Former NBA star Al Harrington, now a cannabis entrepreneur, is using his platform to advocate for inclusion and generational wealth for communities of color in the burgeoning cannabis industry. He warns against the dangers of corporate interests and Big Pharma encroaching on a plant with deep cultural and medicinal significance, pushing for a future where cannabis remains authentic and accessible for all.
Beneficient’s stock price is soaring in pre-market trading after the company announced a significant increase to its permanent equity. The move, which reclassifies $126 million of preferred equity to non-redeemable, is expected to boost the company’s balance sheet. This news has sparked investor interest, leading to heavy trading volume and a substantial increase in Beneficient’s stock price.
A watchdog group, the Center to Advance Security in America (CASA), is suing the Department of Defense (DoD) for refusing to release demographics data on military promotions. CASA suspects that diversity, equity, and inclusion (DEI) practices may be influencing promotion decisions and seeks transparency in the process. The lawsuit comes after the group obtained Air Force training slides revealing recruitment targets to reduce the percentage of White applicants and allocate funding for diversity initiatives.
Ecolab, a global sustainability leader, has been recognized by The Executive Leadership Council (ELC) with the 2024 ELC Corporate Award for its outstanding commitment to diversity, equity, and inclusion (DEI). The award acknowledges Ecolab’s dedication to fostering an inclusive corporate culture and embedding DEI into all aspects of its operations.
Ecolab, a global leader in water, hygiene, and infection prevention solutions, has been honored with the 2024 ELC Corporate Award by The Executive Leadership Council (ELC) for its outstanding commitment to diversity, equity, and inclusion. The award recognizes Ecolab’s comprehensive efforts in embedding DEI into all aspects of its business, from talent acquisition and development to customer and supplier relations. The company’s dedication to fostering an inclusive workplace has earned it widespread recognition, including a spot on the Human Rights Campaign’s Corporate Equality Index for 11 consecutive years.
Damian Fagon, the chief equity officer for New York’s Office of Cannabis Management (OCM), has resigned despite being exonerated of retaliation allegations. His departure comes amidst a period of leadership changes at the OCM and leaves the future of the state’s cannabis equity program uncertain.
