Corporate sponsors are backing away from LGBTQ+ Pride organizations

Revelers attend the annual LGBTQ+ Capital Pride parade in Washington D.C., U.S., June 8, 2024. Leah Millis | Reuters Companies that were once loud and proud in supporting LGBTQ+ community celebrations are pulling back. LGBTQ+ Pride festivals across the country have faced significant sponsorship challenges this year, with some losing corporate partners that collectively provided…

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GE Aerospace, Amazon, 3M and more

Check out the companies making headlines before the bell. GE Aerospace — The stock moved more than 4% higher after GE Aerospace reported adjusted earnings of $1.49 per share, topping the $1.27 per share anticipated by analysts polled by LSEG. Revenue, however, came in just shy of expectations. Hertz Global Holdings — Shares fell almost…

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Companies holding the line, working behind the scenes

Companies holding the line, working behind the scenes

President Donald Trump speaks during a press conference at the White House in Washington, D.C., Jan. 30, 2025. Xinhua News Agency | Xinhua News Agency | Getty Images There’s a delicate balance playing out at corporations across America. As the Trump administration targets diversity, equity and inclusion initiatives, many prominent companies have publicly scaled back…

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NFLX, JNJ, ORCL, F and more

Check out the companies making headlines in midday trading. Netflix — The streaming giant soared nearly 12% to an all-time high on the heels of better-than-expected results in the fourth quarter. Netflix reported earnings per share of $4.27 on revenue of $10.25 billion. Analysts polled by LSEG forecast $4.20 per share and $10.11 billion in…

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