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Last month, the U.S. Supreme Court issued a surprising 5-4 ruling in favor of Black voters in a congressional redistricting case from Alabama. In Texas, Brown ruled that Galveston County leaders redrew local political districts in a way that violated the federal Voting Rights Act. The U.S. Justice Department also joined in the lawsuit, underscoring the opposition to the maps Galveston County redrew in 2021. How local political districts are drawn has come under increasing attention nationwide. Gavin Newsom this month vetoed legislation that would have required dozens of the state’s largest cities, counties and educational districts to use independent commissions to draw voting districts.

Persons: Juneteenth, Jeffrey Brown, Donald Trump, Brown, Black, ”, Hilary Harris Klein, Gavin Newsom, Newsom Organizations: Republican, U.S, Supreme, Union, U.S . Justice Department, Galveston County redrew, Brown, Southern Coalition for Social Justice, Democratic Locations: AUSTIN, Texas, Galveston, Alabama, In Texas, Gulf, United States, Galveston County, California

☆ Stocks making the biggest moves midday: Novo Nordisk, DaVita, Exxon Mobil, Amgen and more
▼ + stars: | 2023-10-11 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Novo Nordisk — The Danish drugmaker stock added 5.5% after saying late Tuesday it was halting Ozempic's kidney disease treatment trial after a committee said an analysis showed signs of success. DaVita , Fresenius Medical Care , Baxter International — Shares of dialysis services providers DaVita and Fresenius Medical Care sank 18.4% and 19.6%, respectively, on Novo Nordisk's news. Exxon Mobil , Pioneer Natural Resources — Exxon Mobil shares fell more than 4% after the largest U.S. oil and gas producer agreed to buy shale rival Pioneer Natural Resources for $59.5 billion in an all-stock deal, or $253 per share. Amgen — The biopharma stock added 3.5% following an upgrade from Leerink to outperform. On Wednesday, B. Riley upgraded shares to buy from neutral, saying Coherent's silicon carbide business could be worth more than the Street's current estimate.

Persons: Eli Lilly, Bruce Broussard, Jim Rechtin, Amgen, David Risinger, Goldman Sachs, Jeffrey Brown, Tim Wentworth, Riley, Raymond James, — CNBC's Michael Bloom, Hakyung Kim, Yun Li, Lisa Han Organizations: Novo Nordisk, Novo Nordisk —, Baxter, Fresenius, Novo Nordisk's, Baxter International, Exxon Mobil, Natural Resources, Exxon, Exxon's, Mobil, Healthcare, Goldman, Walgreens, Alliance Locations: Danish, Novo

☆ Inside Nike: Sources share claims of sexism, cheating, abuse at the world's wokest brand
▼ + stars: | 2023-04-05 | by ( Joshua Hunt | ) www.businessinsider.com time to read: +51 min

The conservative blowback came as no surprise to Parker, who told Nike's board of directors to expect some short-term backlash. In late 2014, the BBC sent a film crew to Portland to interview several former Oregon Project employees. "He would be at the side of the track calling out runners' splits but wouldn't call Kara's out," Adam Goucher told me. When people asked why she left the Oregon Project, she said it was a "personal decision." "I don't think it has anything to do with who the CEO is," Goucher told me.

☆ Hooters dispels rumors that it's shutting down and rebranding in response to study that claims millennials 'aren't that into boobs'
▼ + stars: | 2022-12-29 | by ( Bethany Biron | ) www.businessinsider.com time to read: +4 min

A viral tweet falsely claimed Hooters is shutting down and rebranding to appeal to millennials. "There is no validity to this story," Hooters of America said in a statement shared with Insider. The tweet — posted by Daily Loud, a website focused on hip-hop and viral news — claimed Hooters "was shutting down and 'rebranding' after a new study found that millennials 'aren't that into boobs.'" The 2017 study by Pornhub found younger people were less likely to search for breasts on pornography websites. After a series of viral TikTok videos shared by staffers, Hooters adjusted its policy to make the new uniforms optional.

☆ Finance Chiefs Switch Jobs, Retire as Companies Face Uncertainties
▼ + stars: | 2022-10-23 | by ( Jennifer Williams-Alvarez | ) www.wsj.com time to read: +7 min

This compares with 8% in September 2021 and 11% in the same month in 2020, Russell Reynolds said. It is also leading some companies to prepare for a potential downturn by looking for CFOs with experience in cutting costs or restructuring operations, they added. Photo: NordstromNordstrom, meanwhile, last Monday said finance chief Anne Bramman will leave in December after more than five years in the role. Newsletter Sign-up WSJ | CFO Journal The Morning Ledger provides daily news and insights on corporate finance from the CFO Journal team. That trend is continuing, with the slowing economy forcing finance chiefs into thinking about their next steps, she said.

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