Business and Finance
Lowe’s changes some DEI policies amid legal attacks on diversity programs and pressure from activists
NEW YORK (AP) — Home improvement chain Lowe’s is scaling back its diversity, equity and inclusion policies, joining the ranks of several other corporations which have modified their programs for the reason that U.S. Supreme Court banned positive discrimination in college admissions or after facing conservative backlash online.
In an internal memo shared with Lowe’s The Associated Press, company executives said the retailer has begun a “review” of its programs following the July 2023 court ruling, and the corporate recently decided to mix its resource groups, which were intended for “individual groups representing different segments of our associate population,” into one umbrella organization.
The retailer will now not take part in the Human Rights Campaign’s annual survey, which measures the extent of inclusion of LGBTQ+ employees within the workplace, and can even stop sponsoring and participating in events akin to festivals and parades that happen outside of its area of operations.
The changes were made to make sure Lowe’s policy was “legally compliant” and consistent with the corporate’s commitment to “inclusiveness,” the memo said.
“We may make additional changes over time,” the corporate’s leadership team said in a memo. “However, our commitment to our people will not change.”
Robby Starbuck, a conservative political commentator who has criticized corporations like Tractor Supply and John Deere, took responsibility for the changes in a post on X on Monday, saying he reached out to a Lowe’s executive online last week and detailed his plans to “expose” the corporate’s hiring policies and other topics, akin to support groups for LGBTQ+ employees and funding for Pride events.
However, Lowe’s spokesman Steve Salazar dismissed that claim in an email Tuesday, noting that Starbuck’s actions got here after the corporate had “already announced changes that have long been in the works” internally. The company’s memo didn’t specify when exactly those changes were made, but noted that they were discussed at an Aug. 21 meeting.
Last week, Lowe’s denied one other claim circulating on social media. A digitally altered image quoted Lowe’s CEO Marvin Ellison as saying that conservatives who do not like the corporate’s values should shop at rival Home Depot.
“The CEO of Lowe’s has not commented on this,” the corporate wrote on X in response to several users who shared the photo. “Everyone is welcome at Lowe’s.”
Ellison, for his part, has diversified the corporate’s ranks by adding more women and ethnically diverse leaders since taking up in 2018. Ellison, who’s Black and grew up in a segregated, rural a part of Tennessee, has also been outspoken about racism for the reason that police killing of George Floyd, which sparked large protests for racial justice in 2020.
Criticism of such DEI policies has spread far beyond Lowe’s to corporations across all industries. They include calls for boycotts on social media, in addition to legal attacks within the wake of the Supreme Court’s affirmative motion ruling, which many anti-DEI activists wish to use to set an identical precedent on this planet of labor.
Starbucks, which has a big following on X, has used the platform as a megaphone to attack DEI policies at Tractor Supply, farm equipment maker John Deere, motorcycle maker Harley-Davidson and whiskey maker Jack Daniels. During an interview with The AP last month, Cuban, 35, said he has a listing of corporations he’s excited about featuring content from, but he’s starting with those with traditionally conservative customer bases.
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After a web-based pressure campaign earlier this summer, Tractor Supply and John Deere ended some diversity measures. Last week, Harley-Davidson withdrew its DEI policy, though the corporate noted in its announcement that it “has not had a DEI function since April 2024.”
Meanwhile, a spokesperson for Brown-Forman, the parent company of Jack Daniels, said last week that it had “adjusted” its diversity and inclusion technique to “ensure it continues to drive our business results while appropriately recognizing the current environment we find ourselves in.” Starbuck suggested at X that the corporate acted preemptively after its team reviewed worker profiles on LinkedIn.
While conservative activists have welcomed the changes, DEI advocates say that by pandering to Starbucks and other right-wing figures, corporations are literally pandering to hate.
“Racial justice and LGBTQ inclusion are, for lack of a better term, kind of being scapegoated by a small, organized effort to dictate how companies do business,” said Jen Stark, co-director of the Center for Business and Social Justice at BSR, a consulting network of greater than 300 corporations.
Stark said it’s a tricky environment for corporations without delay, but she stressed that the majority are maintaining diversity and inclusion programs because they make business sense. But after last yr’s Supreme Court decision, she noted that corporations must be sure their DEI programs are “on solid ground” — and avoid overcorrecting when and if there may be a backlash, which she noted could cause more harm.
“This isn’t just a step backward for workplaces,” she said. “This is really a step backward for how we normalize practices that remove barriers and obstacles for everyone.”
On Tuesday, the Human Rights Campaign, which Lowe’s is not any longer doing business with under the brand new policy, condemned the DEI rollbacks and pointed to the potential impact on corporations’ bottom lines in the event that they turn off LGBTQ+ and other consumers.
Orlando Gonzales, HRC’s senior vice chairman for programs, research and training, called the changes “shortsighted decisions that are antithetical to safe and inclusive workplaces” that can create a “snowball effect of negative long-term consequences.” Gonzales specifically criticized Starbucks — arguing that corporations “shouldn’t be fawning over some random guy with no business experience” and that the activist was expelled from the Tennessee Republican Party because he’s “so extreme.”
Starbucks, which didn’t immediately reply to a request for comment Tuesday, said last month that its list included corporations seen as mainstream or middle of the road politically, including Microsoft. On the opposite hand, for an organization like coffee chain Starbucks, “it would be difficult to get pressure to boycott them,” he said.
Stark noted that the U.S. election result “will also turn up the thermostat, up or down” on the DEI conversation. A second term for former President Donald Trump would likely increase pressure for DEI policies — many Trump supporters are already signaling ways they would love to see such practices dismantled — while his rival Kamala Harris could have the alternative effect.
Some corporations are bracing for the prospect of potential changes to federal contracting, for instance, which has historically been an efficient approach to promote equality within the workplace. Others will probably want to change the language or find latest workarounds to existing programs.
“We could potentially see a resurgence of DEI efforts or a reduction,” she said. “I think the bottom line is that companies will continue to do that work in practice or in name — (but) the degree to which they publicly show up will depend on the situation.”
Business and Finance
First black lottery operator
In a city that pulls thousands and thousands of individuals all over the world, Emmanuel Bailey’s success story began in Washington. He began from humble beginnings, growing up with a single mother and moving from rental to rental throughout town and the Washington, D.C., metropolitan area for many of his childhood. At the peak of the drug epidemic, he saw his hometown affected by crime and poverty, and when he returned from college, his town was considered the murder capital of the country. Yet despite these adversities, he all the time worked hard and looked to a brighter future – a super his mother instilled in him since he was a small child.
As Bailey began his journey to a brighter future, he realized that to achieve success, he needed to pursue a university education. Through these pursuits, he became the primary member of his family to attend and graduate from college. He enrolled at Eastern Kentucky University, earning a bachelor’s degree in business administration. While at EKU, he set out to realize the high level of success his mother expected of him in all areas. After graduating from EKU, he obtained an Executive MBA from the Business School. Robert H. Smith on the University of Maryland.
Emmanuel achieved early success within the financial sector. Over the following 25 years, he rose through the ranks, starting as a branch manager at Citizens Bank of Maryland and ending with vice chairman of Fannie Mae. These roles provided him with invaluable experience as a seasoned entrepreneur and leader. After all the pieces he had achieved at Fannie Mae, it was time to strike out on his own.
Seeing the potential within the lottery industry, Emmanuel founded an operations and management services company to run lotteries more efficiently and effectively. Key service providers (VSC) has management experience in all facets of the state lottery contract, including providing direct supervision and management of lottery agents, retail systems, implementation and maintenance of gaming equipment, and oversight of the performance of the central gaming system. He worked in various positions in state lotteries across the country to achieve real institutional knowledge of the ins and outs of the brand new industry he was entering. Combining his latest knowledge with business sense, he decided to win contracts with the most important names within the industry.
The lottery industry is amazingly competitive, and contracts are sometimes awarded to large national firms. However, as Emmanuel grew his business, hiring experienced staff and expanding VSC’s capabilities, he began to make a reputation for himself as a trusted and talented operator within the industry. He soon partnered with titans in the sector and eventually became the one black business owner to operate a state lottery in your entire United States, in his home “state” of Washington.
But his success didn’t end there.
Bailey continued to hone his expertise, turning VSC right into a multi-million dollar company with over 100 employees. He was honored with the 2020 North American Association of State and Provincial Lotteries (NASPL) Powers Award, which he won based on nominations from the DC Lottery itself. In its nomination, the District of Columbia said Emmanuel “is far from a stereotypical executive… and will ensure that the DC Lottery continues to operate every day and that our company remains profitable into the long-term future.” It continues to grow its business by opening a VSC office in Maryland and searching to expand its geographic reach.
Despite all his success, Emmanuel never forgot his family and his connection to his community. He stays deeply committed to giving back to DC communities. He has donated a whole lot of 1000’s of dollars to varied local DC-based organizations supporting programs comparable to school athletic and humanities departments, educational support and health care. He also served and continues to serve on the boards of many local organizations.
Now Emmanuel looks to the longer term. Always striving to enhance his business, Emmanuel works to enhance operations and improve the efficiency of the DC Lottery, while also giving back to the community and creating more opportunities for young children growing up in circumstances like his own. While his feet are firmly planted within the DMV, his ambitious and entrepreneurial spirit has his eyes on expansion into additional states. He says his best achievement, above all his other achievements, is that he helped his mother retire.
Business and Finance
David Shands and Donni Wiggins host the “My First Million” conference at ATL
December is the birth month of David Shands and Donnie Wiggins, friends and business partners. Most people have fun by throwing a celebration. Others imagine it must be catered for. The chosen ones spend the day relaxing in peace and quiet.
Then there’s Shands and Wiggins.
The two decided that the best birthday gift can be to offer individuals with resources for generational wealth through a conference called “My first million”in Atlanta.
It’s a compromise between how their families and family members need to honor them and their desire to proceed to serve others. Shands acknowledges that almost all people won’t understand, and he unapologetically doesn’t expect them to.
“It’s not up to us to convince anyone why we do what we do,” admits Shands.
“I think everyone does what they do for different reasons, and I would just attribute it to a sense of accomplishment that I can’t explain to anyone else.”
He doesn’t need to clarify this to Wiggins because she understands his feelings. Wiggins has had a passion for serving others for so long as she will be able to remember.
“When I was in middle school, there were child sponsorship ads on TV featuring children from third world countries. I was earning money at the time and I asked my mother to send money,” she says BLACK ENTERPRISES.
She recalls how sad she felt for youngsters living in a world with so many opportunities, but at the same time going hungry. Her mother allowed her to send money, and in return she received letters informing her of their progress.
“It was very real to me,” Wiggins says, now admitting she’s undecided the letters were authentic. “I received a letter from the child I sponsored, a photograph and some updates throughout the 12 months. It was such a sense of being overwhelmed and it was something I felt so good about. I didn’t even tell my friends I used to be doing it.”
She carried this sense throughout her life, even when she lost every little thing, including her house, cars, and money. She still found ways to serve and give back, which is the basis of her friendship with Shands.
They each love seeing people at the peak of their potential, and that is what “My First Million” is all about. There can be no higher birthday gift for them than helping others create generational wealth.
What to expect during the “My First Million” conference.
They each built successful seven-figure empires, then train others, write books about it, and launch an acclaimed podcast Social proof.
Now they’re imparting that knowledge through the My First Million conference, an event for aspiring and existing entrepreneurs. Shands and Wiggins need to prove that being profitable is feasible and encourage people to bet on themselves.
“David and I, on paper, are not two people who should have made millions of dollars. Number one, we want (people) to see it,” Wiggins says. “Then we want them to actually get out of that room with practical and actionable steps.”
Both are clear: this just isn’t a motivational conference. This is a conference where people, irrespective of where they’re of their journey, will come away with clarity about their business and what they must be doing as CEOs. Shands and Wiggins want individuals who do not have a transparent marketing strategy or are considering starting a business to also attend the meeting.
“A few areas we will cover are inspiration, information, plan and partnership,” adds Shands. “We will give you 1-2-3 steps because some people get depressed and uninspired. Even if they know what to do, they won’t leave, go home and do it. So we have to really put something into their heads and hearts that they come away with.”
Sign up and enroll for My First Million Here. The conference will happen on December 13 this 12 months. but Shands and Wiggins say it definitely won’t be the last for those who miss it.
Business and Finance
Operation HOPE on the occasion of the 10th annual world forum
Operation HOPE Inc. takes over Atlanta for the biggest game in the country dedicated to financial literacy and economic empowerment, Saporta reports.
The HOPE Global Forums (HGF) Annual Meeting 2024 strengthens the crucial link between financial education, innovation and community upliftment in hopes of finding solutions to the problems that stifle challenges around the world.
Organized by Operation HOPE founder John Hope Bryant, together with co-chairs Atlanta Mayor Andre Dickens and U.S. Ambassador Andrew Young, the forums, to be held December Sep 11 at the Signia Hotel, will have fun its 10th anniversary with three days of engagement discussions, observations and forward-looking presentations.
Under the theme “The Future,” Hope Bryant says attendees are looking forward to a “powerful moment in history.”
“Over the past decade, we’ve brought together great minds with daring ideas, servant leaders with voices for change, and other people committed to a brand new vision of the world as we realize it. “‘The Future’ is a clear call to action for leaders to help ensure prosperity in every corner of society,” he said.
The extensive program includes influential and well-known speakers who address business, philanthropy, government and civil society. Confirmed speakers include White House correspondent Francesca Chambers, media specialist Van Jones and BET Media Group president and CEO Scott M. Mills.
“John Hope Bryant and his team have been doing this for ten years, and every year HGF raises the bar,” Young said. “Discussions about the FUTURE are important not only for civil dialogue; they are also essential to bridging the economic divide and solving some of today’s most important problems.”
Atlanta is predicted to welcome greater than 5,200 delegates representing greater than 40 countries.
“I have long said that Atlanta is a group project, and through our partnership with HOPE Global Forums, we are inviting the world to join the conversation,” Dickens mentioned. “From home ownership and entrepreneurship to youth engagement and financial education, HGF will offer bold and innovative ideas to ensure a bright future for all.”
It coincided with the organization’s annual meeting launched one other path to enhance financial knowledge with HOPE scholarships. With three tiers of scholarships – HOPE Lite, HOPE Classic and HOPE Silver – clients could have access to free financial coaching and academic resources.
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