New executive orders aim to use the federal government’s purse strings to reshape the diversity practices of companies it does business with. But that isn’t all.

It bars the government from pushing contractors to diversify their workforce and taps federal agencies to use Civil Rights-era laws “to combat illegal private-sector DEI preferences, mandates, policies,

President Donald Trump targeted federal workers in an opening act aimed at exerting political control over a sprawling bureaucracy — putting federal diversity, equity and inclusion employees on leave,

Costco shareholders voted down an anti-DEI proposal just days after President Trump issued sweeping new rules for federal agencies.

Costco shareholders rejected a proposal to evaluate any risks posed by its diversity, equity and inclusion practices.

Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer Mediobanca in a surprise move that could reshape the country’s banking sector

By Valentina Za and Gianluca Semeraro MILAN (Reuters) -State-backed Monte dei Paschi di Siena on Friday joined in the consolidation wave sweeping Italian banking with a surprise 13.3 billion euro ($14 billion) all-share offer to buy merchant bank Mediobanca.

Mediobanca SpA is opposed to the takeover bid by rival Banca Monte dei Paschi di Siena SpA, according to a person familiar with the matter.