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Stock impact report

Why companies like Walmart are rethinking their DEI approach [Yahoo! Finance Canada]

Lowe's Companies, Inc. (LOW) 
Last lowe's companies, inc. earnings: 2/26 06:00 am Check Earnings Report
Mills Sadat Dowlat (MSD) LLP Partner Camron Dowlatshahi joins Market Domination Overtime to share his outlook on this evolving landscape. Dowlatshahi traces the evolution of DEI initiatives following the death of George Floyd in 2020, highlighting how companies initially took "a strong stance supporting under-represented communities." However, he points out the political and social climate has shifted since then , with "the fall and the rise again of the Trump administration, conservative movement, and far-right movement in the United States, and the 'anti-woke' movements again. And because of that, you see now companies catering to those populations," pointing to businesses like Walmart and Lowe's ( LOW Despite these shifts, Dowlatshahi asserts that "discrimination is still discrimination." The attorney remains hopeful that established state and federal laws will continue to protect against workplace discrimination. Although, he acknowledges a concerning trend, telling Yahoo Fi Show less Read more
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