Boston-based State Street Global Advisors said it expected corporate boards to be comprised of at least 30 percent women or it may vote against the head of the companies’ nominating committees.

Following Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their commitments to diversity, equity and inclusion programs.

State Street's asset management unit dropped targets for the number of women and minority directors who should serve on corporate boards.

The billionaire, who has long targeted DEI efforts in business and the federal government, slammed the Academy's efforts to make the Oscars more inclusive.

The Oscars 2025 ceremony held at the famed Dolby Theatre venue in Los Angeles has not gone down well with billionaire entrepreneur Elon Musk.Musk slammed the Academy of Motion Picture Arts and Sciences on the "Representation and Inclusion Standards" arguing that the nominations in categories like Best Picture and acting should be based purely on merit and not influenced by diversity quotas.

Tech billionaire Elon Musk on Monday called out the Academy of Motion Picture Arts and Sciences on the "Representation and Inclusion Standards" for Best Picture and lead or supporting actor nominees in Oscars.