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cover of episode Corporate America Done with DEI? & $20K EV That Could Ruin Tesla

Corporate America Done with DEI? & $20K EV That Could Ruin Tesla

2024/8/30
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Morning Brew Daily

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Amidst a wave of corporations scaling back their Diversity, Equity, and Inclusion (DEI) programs, Ford's recent decision to scrap several initiatives stands out. This trend, influenced by figures like Robbie Starbuck and legal changes, raises questions about the effectiveness and financial impact of DEI programs, with some arguing they limit talent pools while others see little market reaction to their rollback.
  • Ford, Tractor Supply, John Deere, and other major companies are reducing DEI initiatives.
  • Robbie Starbuck's activism and legal changes like the "stop woke" act are contributing factors.
  • Conflicting views exist on the financial impact of DEI, with some citing negative effects and others seeing no significant market change.

Shownotes Transcript

Episode 399: Neal and Toby discuss Ford announcing its plan to step back from DEI initiatives, which is the latest in a wave of large corporations in America following suit. Then, a listeria outbreak from Boar’s Head deli meat reveals horrific conditions at one of its plants. Next, Xpeng’s budget-friendly electric vehicle is the stock of the week and Dollar General’s struggling sales makes it the dog of the week. Also, gallons of corn sweat is making the hot much hotter in the midwest. Meanwhile, a growing number of apps are trying to combat loneliness in America by connecting strangers together for dinner parties. Lastly, College football season is back with some major changes that may leave some heads spinning.

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00:00 - What to watch on an airplane 

03:00 - Companies Scrapping DEI 

07:30 - Boars Head Recall 

10:40- Stock of the week 

12:50 - Dog of the week 

15:45 - Corn Sweat 

19:10 - Friendly Apps

23:00 - College Football is back 

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