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His most famous piece is “4’33”,” which directs us to listen in silence to surrounding noise for exactly that period of time. I thought about what would have happened if protesters were instead chanting anti-Black slogans, or even something like “D.E.I. They would have lasted roughly five minutes before masses of students shouted them down and drove them off the campus. I’d wager that most of the student protesters against the Gaza War would view them that way, in fact. Why do so many people think that weekslong campus protests against not just the war in Gaza but Israel’s very existence are nevertheless permissible?
Persons: John Cage, , Israel’s, Jewish Organizations: Columbia University Locations: Gaza
In recent decades, American universities have expanded their diversity programs to address concerns about the underrepresentation of minority groups on campus. But supporters of such efforts say they are necessary to promote diversity and help students from various backgrounds succeed on campus. For some universities, the opposition to diversity programs comes at a challenging time, as they face an incoming student shortage and skepticism of the value of a college degree at today’s prices. And after the Supreme Court’s ban on race-conscious admissions last year, some educators are even more concerned about diversity on their campuses. Here’s what to know about the efforts to limit D.E.I.
Organizations: Republican
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Chriss — who joined the long-running quant-focused multi-strategy firm in May of 2023 — is "no longer with Paloma," according to a letter sent to the firm's investors Monday. Chriss had been at Millennium for five years prior to joining Paloma and founded his own hedge fund, Hutchin Hill, in 2007. Paloma declined to comment on the rationale for his departure, and Chriss did not respond to requests for comment. But it was not all growth for Paloma while Chriss was at the helm.
Persons: , Neil Chriss's, Paloma, Chriss —, Chriss, Donald Sussman, Ravi Singh, Goldman Sachs, Chris LaSusa, LaSusa, Steve Cohen, Shaw, Ritter Organizations: Service, Paloma, Business, Industry, Intelligence, Goldman, KCL, D.E, Capital, Ritter Alpha Locations: Hill, Greenwich, New York, Manhattan, Minnesota
Louisiana State University also rebranded its diversity office after Jeff Landry, a Trump-backed Republican, was elected governor last fall. Its Division of Inclusion, Civil Rights and Title IX is now called the Division of Engagement, Civil Rights and Title IX. And at the University of Oklahoma, the diversity office is now the Division of Access and Opportunity. In what appears to be an effort to placate or, even head fake, opponents of diversity and equity programs, university officials are relaunching their D.E.I. offices under different names, changing the titles of officials, and rewriting requirements to eliminate words like “diversity” and “equity.” In some cases, only the words have changed.
Persons: Jeff Landry Organizations: University of Tennessee, . Louisiana State University, Trump, Republican, Civil, University of Oklahoma,
In today's big story, we're doing a deep dive into the golf tournament at one of the most exclusive clubs in the world . Mike Ehrmann/Getty ImagesHarvard University alumni, Goldman Sachs partners, Birkin bag owners — those exclusive groups are nothing compared to an Augusta National Golf Course membership. The Masters Tournament, the first of four men's major golf tournaments, kicks off today , write Business Insider's Madeline Berg and Taylor Rains. Since it's almost impossible to check out Augusta National otherwise, the Masters has become a staple of the billionaire's social calendar. Augusta National runs a lottery system for them.
Persons: , Mike Ehrmann, Goldman Sachs, Birkin, Madeline Berg, Taylor, it's, Cork Gaines, aren't, Joe Ciolli, didn't, Chelsea Jia Feng, Bill Smead, Brad Porter, Elon Musk's, Y, Paul Graham, Alyssa Powell, Larry Ellison, David Ellison, Larry Ellison's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Getty Images Harvard University, Augusta, Waste, bros, Augusta National, Renaissance Technologies, Sigma, Robotics, Amazon Robotics, xAI, Paramount, Oracle, Google, JPMorgan, SpaceX Locations: Augusta, swag, Chelsea, D.E, Shaw's Valence, New York, London
Shaw's Valence fund led the way for quant hedge funds in the first quarter. Two Sigma's Spectrum fund meanwhile trailed the returns of the average hedge fund. Shaw's Valence fund is leading the way in 2024. Shaw declined to provide the current AUM of the Valence fund, but it was reported in 2020 that the fund managed $6 billion. This story is available exclusively to Business Insider subscribers.
Persons: , Shaw Organizations: Service, Business Locations: Shaw's Valence, York, Valence
The bill is similar to Florida’s ban on diversity, equity and inclusion initiatives in public colleges, which was signed into law last May. This political theater lifts up a caricature of college, one on which coddled minds are seduced into liberal ideas. If states become hostile to students’ values, those students could choose to go elsewhere or to forgo college altogether. Part of a larger survey about students’ experiences of higher education, the report left me with one major takeaway: The national debate about so-called woke campuses does not reflect what most college students care about. They underscore how unhinged our national debate over higher education has become and how misaligned Republican-led public higher education systems are with the bulk of college students.
Persons: , haven’t Organizations: Higher Education, Republican, Bills, Public, Lumina Foundation, Gallup Locations: Florida, Alabama
New York CNN —On St. Patrick’s Day, throwing back an Irish whiskey might taste different than it used to. Flavored whiskey is a $1.5 billion category and accounts for 20% of all US whiskey sales. In the past few years, flavored whiskey sales have outpaced unflavored whiskey, according to Southern Glazer’s distributors. But with younger drinkers gravitating toward punchier flavors, Irish brands “have to be much more flexible than their historical beliefs have been,” he told CNN. Flavors are “a good way to get them into the brand and into the whiskey category, and certainly into Irish whiskey,” Basford said.
Persons: Patrick’s, , , Lander Otegui, Bushmills, Jameson, Conor McGregor’s, Otegui, Honey, Paul Basford, William Grant, Basford, Jack Daniel’s, Jim Beam, ” Jon Berg, ” Basford, ” Otegui Organizations: New, New York CNN, CNN, Tullamore D.E.W, Tullamore, NIQ Locations: New York, St, Southern, Tullamore D.E.W, Tullamore
After years of criticism for overlooking female directors and actors of color, the academy announced a torrent of diversity-oriented changes. One high-profile move involved the academy’s most coveted trophy: To qualify for the best picture Oscar, films had to fulfill a new set of diversity and inclusion standards. A checklist of four categories and nine subcategories cover almost every aspect of the filmmaking pipeline. Diversity in hiring — actors, directors, makeup artists, publicists, interns — is considered. To qualify, films must show that they meet two of the four main categories of representation: onscreen (actors, plot), offscreen leadership (set designers, makeup artists), training programs and marketing.
Persons: George Floyd, Organizations: Academy of Motion Picture Arts and Sciences
Like many African American professors, I teach at a predominantly white institution (Wheaton College) and live in the largely white small city where it’s located, outside Chicago. When people think about the difficulty of being Black in largely white spaces in America, they tend to picture overt racism. While diversity, equity and inclusion efforts have their flaws in content and implementation, one of their unsung values is that they can help reduce this kind of strain on Black faculty members and students on majority-white campuses; more diversity can help ease our sense of not belonging. Despite the ongoing hysteria around diversity and hiring in higher education, Black faculty members are shockingly uncommon — only 6 percent of professors in this country in 2021. Black faculty members at largely white schools can be subjects of scrutiny based on assumptions that our race rather than our talent won us our positions.
Organizations: Wheaton College Locations: it’s, Chicago, America, Wheaton
Road trips are the ultimate symbol of freedom, discovery, and the boundless beauty of the US. As a travel expert, I believe these three incredible routes are the best if you're looking to go on an amazing road trip experience with your own family. AdvertisementTake a road trip through ArizonaFrom majestic mountains to captivating canyons, Arizona's glorious scenery cannot be fully realized by visiting just one destination. For a rush of adrenaline, set out on a whitewater rafting excursion with companies like Advantage Grand Canyon. Families can also take a boat cruise on Lake Powell and visit the Glen Canyon Dam.
Persons: I've, Dana Point, Battery, Taryn White, Coyote, Lake Powell Organizations: Business, Santa Barbara Zoo, San Luis Obispo, Aquarium, California Academy of Sciences, Roanoke Star, Biltmore Estate, River Arts, Asheville Museum of Science, North Carolina Arboretum, Biltmore, Asheville Glamping, Railway Locations: California, Dana, Los Angeles, San Francisco, Santa Barbara, Ellwood, San Luis, Big, Carmel, Monterey, Golden, Battery Spencer, Virginia, North Carolina, North Carolina ., Shenandoah, Smoky, Crabtree Falls . Roanoke, Mountain, Meadows, Dan ,, Asheville, River Arts District, Bohemian, Arizona, Phoenix, Sedona, Boynton Canyon, Grand, El Tovar, Williams, Bend, Lake Powell
What’s My D.E.I. Training?My Own Life.
  + stars: | 2024-02-04 | by ( Roxane Gay | ) www.nytimes.com   time to read: +5 min
Would you tell us how you are prepared to work effectively with colleagues and external stakeholders from backgrounds that are different from your own, and to contribute to our commitment to D.E.I.? I am not comfortable disclosing personal information (such as a non-visible disability, background as an immigrant, queer identity, etc.). I commended their commitment to D.E.I., not least because of the range of expertise and complementary skills it brings together. Do some research about different ways to answer this question, and think through how you can answer them using your own voice and perspective. But if there is something worth preserving in this relationship, tell your friend how her comments make you feel.
Persons: , , you’re, she’s, you’ll
Utah Bans D.E.I. Programs, Joining Other States
  + stars: | 2024-02-01 | by ( Vimal Patel | ) www.nytimes.com   time to read: +2 min
Eight have become law, including in North Dakota, Texas and North Carolina. A law in Texas, which went into effect in January, outlaws D.E.I. The University of Texas at Austin closed its Multicultural Engagement Center last month because of the law. The law in North Dakota, which took effect in August, prohibits mandatory diversity training at the state’s public colleges. bill represented a somewhat surprising shift, said Michael Lyons, a political science professor at Utah State University.
Persons: Spencer Cox, Governor Cox, Michael Lyons, Cox Organizations: Higher Education, University of Texas, Utah State University Locations: Utah, North Dakota , Texas, North Carolina, Texas, Austin, North Dakota, Tennessee
To the Editor:Re “Inside the Crusade Against D.E.I.” (front page, Jan. 21):The conservative activists featured in this article aim to eliminate equality of opportunity for the majority of Americans. These ideologues are creating a dangerously false and extremely narrow view of diversity, equity and inclusion — one that equates the “D” in D.E.I. In the U.S., diversity is widely acknowledged to encompass numerous communities, which collectively constitute the majority of our nation. programs advance considerations relating to women; Black, Indigenous and people of color communities; veterans; people with disabilities; L.G.B.T.Q. It is a shame that conservative activists seek to shatter a bedrock principle of our nation: equality.
Locations: D.E.I, U.S
The Drug Enforcement Administration regarded Anthony L. Armour as an “outstanding” special agent on the front lines of the nation’s opioid epidemic. But in 2019, a routine drug test derailed his career. His failed drug test led the government to fire him, setting off a lengthy court battle that underscored the growing pains of a booming and largely unregulated CBD industry. Last week, Mr. Armour won his case. In a rare move, the Department of Justice agreed to rehire him as a special agent, provide some back pay, cover his legal expenses and restore his eligibility for a pension.
Persons: Anthony L, Armour Organizations: Drug Enforcement Administration, Department of Justice
In today's big story, we're looking at what to expect ahead of Netflix's big earnings report. This story is available exclusively to Business Insider subscribers. And as other streamers scramble to figure out long-term business plans, Netflix has been crowned the winner of the streaming wars thus far. Netflix is so big it even has shows from other streamers, a sign of how ubiquitous it has become. AdvertisementGet in touchinsidertoday@insider.comTo read unlimited articles, subscribe to Business Insider.
Persons: , It's, Scott Stuber, Stuber, Insider's Lucia Moses, That'll, dealmaking, isn't, Insider's Peter Kafka, Peter, it's, James Leynse, Griffin's, Shaw, Griffin, Gary Weathers, Morgan Stanley, Tesla, Stellantis, Tommy Parker, They're, Oscar, Zazie Beetz, Jack Quaid, They'll, Tim Spector's, Dan DeFrancesco, Diamond Naga Siu, Hallam Bullock, Jordan Parker Erb, Hayley Hudson, Lisa Ryan Organizations: Service, IRS, Business, Netflix, Netflix Films, Traders, Computer Terminals, Goldman, Getty, UBS, Griffin's Citadel, LCH Investments, BlackRock, Los, Peugeot, Chrysler, Dodge, BI, Balyasny, Management, National Baseball Hall of Fame, MLB Network, Procter, Gamble, Electric, Verizon Locations: Goldman Sachs, Los Angeles, Boston, Suez, Panama, New York, San Diego, London, Edinburgh
OneTen has helped its members rewrite job descriptions for hundreds of roles to remove unnecessary degree requirements and clearly state the skills sought and needed. The organization has helped to design apprenticeship programs for enterprises like Delta and the Cleveland Clinic, tailored for different fields. Lawsuits have been filed threatening businesses like a fund in Atlanta focused on backing Black female entrepreneurs. And the resignation of Claudine Gay, a Black woman, as president of Harvard has been celebrated by opponents of D.E.I. initiatives in academia and business who claimed she was a diversity hire.
Persons: , OneTen, , Kenneth Frazier, Claudine Gay Organizations: Cleveland Clinic, Merck, , Harvard Locations: Delta, Florida, Texas, Atlanta
Mr. Bhabha began working with dozens of Fortune 500 companies to evaluate their diversity programs and ensure that they were on solid legal ground if they were sued. Proponents of corporate diversity, equity and inclusion programs, commonly called D.E.I., argue that they are important to hiring and retaining people of color. Critics now argue that some such programs can exclude white and Asian people unfairly from hiring processes. In recent months, hundreds of companies have been re-examining those initiatives after a series of challenges to diversity programs: the threat of litigation in the wake of the Supreme Court’s decision striking down race-conscious college admissions, criticism of D.E.I. initiatives from some high-profile business leaders, and a wave of layoffs in the tech industry that heavily affected D.E.I.
Persons: Ishan Bhabha, Jenner, Block, Bhabha, Critics Organizations: Harvard, Fortune
Read previewAnother big year for billionaire Ken Griffin and Citadel has extended the lead the Miami-based money manager has over its peers. It brought the firm's all-time gains to $74 billion, close to $20 billion more than the two firms tied for second all-time, D.E. The two firms have generated $56.1 billion in profits since they launched, according to the rankings. In an internal memo titled "Citadel Widens Lead as Most Profitable Hedge Fund of All Time," Griffin wrote, "We not only retained the #1 ranking, but we also more than doubled our lead over our closest competitors in the past year." Citadel confirmed the contents of the memo but declined to comment further.
Persons: , Ken Griffin, Shaw, Ray Dalio's Bridgewater, Edmond de Rothschild, Griffin Organizations: Service, Citadel, Business, LCH Investments, Millennium, Bloomberg, LCH, Fund Locations: Miami, Connecticut, Wellington
These findings are consistent with Ms. Edmondson’s research on the performance advantages of “psychological safety,” the cultural underpinning of inclusion. More diversity is not always better – from a performance standpoint, diversity without the inclusion can actually make things worse. Among other payoffs, organizations that get inclusion right at scale seem to be smarter, more innovative and more stable. It can be tempting to put in place superficial fixes to achieve the optics of inclusion — a primary concern of D.E.I. It is not to scale back investments in inclusion, which would restrict our ability to build healthy, dynamic organizations.
Persons: Erik Larson’s, Larson, you’ve, Amy Edmondson, Mike Roberto, Edmondson, Henrik Bresman Organizations: Harvard Business School, Everest
‘America Is Under Attack’: Inside the Anti-D.E.I. “In support of ridding schools of C.R.T., the Right argues that we want nonpolitical education,” Mr. Klingenstein wrote in August 2021. In a 2023 exchange, Dr. Yenor and two associates discussed how to defend Amy Wax, a conservative law professor at the University of Pennsylvania. Dr. Yenor and his allies bristled at the conventions of academic life as overly solicitous toward female and nonwhite students. Samuel Ginn, Claremont donor“The president then told him, ‘Things will change,’” a Claremont fund-raiser wrote to Dr. Yenor and other officials there.
Persons: “ wokeism ”, Chancellor Sharp, Sam Ginn, DeSantis, !, Searle, Scott Yenor's, Alabama Jeff Sessions, peter thiel, thiel, Dan Patrick, Patrick, Texas Long, Claudine Gay, Harvard’s, Trump, Ron DeSantis, Peter Thiel, Heather Mac Donald, , Scott Yenor, , ” Scott Yenor, Claremont, Critics, George Floyd, Donald J, Trump’s, Thomas D, Thomas Klingentstein, ” Mr, Klingenstein, Yenor, Christopher Rufo, fromScott Yenor, Floyd, Mao Zedong’s, Ryan P, Williams, Jack Miller, Ryan Williams, Miller, zealots, Mao Zedong's, ” Claremont, Taube, tothe, Arthur N, Chris Ross, Dockweiler, Elizabeth Ailes, Roger Ailes, Daniel C, Searles, fromChris Ross Ryan, I'd, Dorian Abbot, Mr, Ross, Dr, Amy Wax, Wax, Wax’s, David Azerrad, . Azerrad, fromScott, Azerrad, , , Mac Donald, Mac Donald1 —, fromDavid Azerrad Heather, that's, Thiel —, Thiel’s, bristled, Riffing, Bill Burr, hadn’t, Burr, George W, Bush, ” Tennessee’s, Susan Kaestner, Jeff Sessions, Samuel Ginn, Christopher B, Roberts, Roberts “, Ginn, ” Bowdoin, Thomas Klingenstein, Janet Mills, Mills, , Sarah Huckabee Sanders, Kevin Stitt, he’d, fromThomas, Glenn, sputtered, retool, didn’t, Jim Banks, Banks’s, Banks, Gay, Elise Stefanik Organizations: MIT, Trust, Texas, Claremont, Republicans, Senate, The New York Times, Republican, Claremont Institute, Gov, D.E.I, New, Manhattan Institute, Maine Policy Institute, , Texas Public Policy Foundation, Equity, Jack Miller Family, Jack Miller Family Foundation America, Capitol, Freedom Trust, Rupe Foundation, Scaife, Fox News, Massachusetts Institute of Technology, University of Pennsylvania, Hillsdale College, Boise State University, Boise, University of Wisconsin, Eau Claire, Trump, Boise State, University of Tennessee, Arkansas, Alabama, Auburn University, University of Alabama, Auburn, Bowdoin College in, NAS, Bowdoin, Democratic, Mr, Maine Public Radio, American, Association, Maine Department of Education, Indiana Republican, Education, Harvard, New York Republican Locations: Texas, Tennessee, North Carolina, Maine, Montana , Utah , Oklahoma , Texas, South Carolina , Florida, Louisiana, America, defund, Alabama, Tallahassee, Union, California, Florida, Maine , Tennessee, Idaho, New York, Florida , Louisiana, North Carolina , Oklahoma , Tennessee, Wisconsin, Darling, Dallas, Utah, C.R.T, United States, Hillsdale, Eau, India, Boise State, Boise, Manhattan, Canadian, Dixie, Maine —, Bowdoin College in Maine, Colonial America, , Maine’s, la, Portland, Northern Maine, Arkansas, Yenor, Indiana, Israel
The campaign website for Representative Dean Phillips, the Minnesota Democrat mounting a long-shot primary challenge to President Biden, has a policy platform that signals liberal bona fides tempered by a Midwestern businessman’s practicality. It includes headers like “Climate Action,” “Women’s Health and Economic Security” and “Immigration Reform.”Sometime on Tuesday, one header was changed. Gone was “Diversity, Equity, and Inclusion.” In its place: “Equity and Restorative Justice.”The text beneath the header — including acknowledgments of racial disparities and vague promises to ensure equal opportunity — was untouched. But the tweak was nonetheless significant. Even more so was its timing: On Saturday, Mr. Phillips had received the endorsement of William A. Ackman, the billionaire investor who in recent months has become an outspoken critic of so-called D.E.I.
Persons: Dean Phillips, Biden, , , Phillips, William A, Ackman, Phillips’s, Martin Luther King’s Organizations: Minnesota Democrat, Economic Security, Equity, PAC Locations: Minnesota
Opinion | This Is the Actual Danger Posed by D.E.I.
  + stars: | 2024-01-14 | by ( David French | ) www.nytimes.com   time to read: +1 min
There are few national conversations more frustrating than the fight over D.E.I. has become yet another catchall boogeyman, a stand-in not just for actual policies or practices designed to increase diversity, but also a scapegoat for unrelated crises. The idea, if it can be called that, was that efforts to diversify airline work forces had contributed to the accident. In fact, the airline industry is much safer than it was when it was a virtually all-white enterprise decades ago. But that’s not the entire story when it comes to controversy over D.E.I.
Persons: D.E.I, X’s Elon Musk, that’s Organizations: Boeing, Max, D.E.I
Behind the LawsuitDiversity statements — also known as diversity, equity and inclusion, or D.E.I., statements — ask candidates seeking a faculty job or promotion to describe how they would contribute to campus diversity. In his lawsuit, John Haltigan, who has a Ph.D. in developmental psychology, said he would have applied to a position at U.C. The Pacific Legal Foundation, a libertarian group that filed the lawsuit for Dr. Haltigan, did not make him available for an interview. They also say the statements are another tool that the savvy can use to hit the right buzzwords, rewarding performative dishonesty. requirements for faculty hiring — or the system’s diversity and inclusion efforts more broadly — but it defangs for now what experts say was among the first legal challenges to these university statements.
Persons: , John Haltigan, , , Haltigan, , ” Erwin Chemerinsky, Wilson Freeman Organizations: Pacific Legal Foundation, University of California, Berkeley, Chronicle, Higher Education, Universities Locations: U.C, Santa Cruz, North Dakota, Florida, Texas, Arizona
Nondisclosure Agreements Get Trickier Under New SEC Scrutiny
  + stars: | 2023-12-05 | by ( Mengqi Sun | ) www.wsj.com   time to read: 1 min
Provisions that impede an individual from communicating with the SEC are unlawful under the Dodd-Frank Act. Photo: Spencer Platt/Getty ImagesCompanies have long used employee nondisclosure agreements to protect proprietary information. Now, regulators are trying to ensure that clauses in those agreements don’t also serve to inhibit whistleblowers from reporting potential corporate wrongdoing. In recent months, the U.S. Securities and Exchange Commission has taken a number of actions against companies whose various employment contracts have language that might hold employees back from reporting misconduct to regulators. A watershed moment came in September, when the SEC fined hedge fund D.E.
Persons: Dodd, Frank, Spencer Platt, Shaw Organizations: SEC, Getty, Companies, U.S . Securities, Exchange Commission
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