During RH’s quarterly earnings call with analysts, CEO Gary Friedman appeared caught off guard by the sudden market reaction.
Day: April 4, 2025
Millions in grants that would promote diversity, equity and inclusion initiatives may be frozen following ruling
The US supreme court is letting the Trump administration temporarily freeze $65m in teacher-training grants that would promote diversity, equity and inclusion (DEI) initiatives in a 5-4 decision.
The decision came down on Friday afternoon, with five of the court’s conservatives – Justices Amy Coney Barrett, Neil Gorsuch, Clarence Thomas, Samuel Alito and Brett Kavanaugh – in the majority. Justices Sonia Sotomayor, Elena Kagan and Ketanji Brown Jackson all dissented.