Economic Finesse
No Result
View All Result
No Result
View All Result
Economic Finesse
No Result
View All Result
Home Business

John Deere to abandon Pride festival sponsorships following online right-wing pressure campaign

July 18, 2024
in Business
John Deere to abandon Pride festival sponsorships following online right-wing pressure campaign

John Deere said Wednesday it would cease lending its name to social events like LGBTQ Pride parades — the latest corporation to reassess its stance on hot-button social issues as the culture wars ignite ahead of the presidential election. 

In a statement posted on its X account, the nearly 200-year-old industrial and farming equipment manufacturer said it would “no longer participate in or support external social or cultural awareness parades, festivals, or events.”

It also added that “the existence of diversity quotas and pronoun identification have never been and are not company policy.”

However, the company said it is not abandoning diversity efforts entirely, adding that it “fundamentally believes that a diverse workforce enables us to best meet our customers’ needs and because of that we will continue to track and advance the diversity of our organization.”

Tractor Supply announced last month that it had eliminated its diversity, equity and inclusion roles and goals entirely.

Deere had begun facing criticism from online right-wing circles led by filmmaker Robby Starbuck, who’d led the campaign against Tractor Supply.

In a recent interview with The Wall Street Journal, Starbuck said the Tractor Supply effort had “proved a model” for pressuring other firms to re-examine their stances on social issues.

In the wake of Deere’s announcement, Starbuck posted a series of screenshots on X on Wednesday showing the news with the message: “Wall Street is on notice. Corporate America is afraid of YOU. I’m just your instrument. Every woke company is wondering if they’re next.”

Deere did not mention Starbuck or the broader online effort in its statement announcing the change — saying only that it is “always listening to feedback and looking for opportunities to improve.”A Deere representative did not immediately respond to a request for comment.

This post appeared first on NBC NEWS

Previous Post

Using Nasdaq 100 Specific Breadth to Measure Risk Appetite

Next Post

Mortgage refinance demand jumps to a 2-year high, as interest rates drop

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Scoping Study Progressing Well – Key Input Studies Completed

    Scoping Study Progressing Well – Key Input Studies Completed

    April 9, 2025
    BTR commences Fish Mine on schedule and under budget

    BTR commences Fish Mine on schedule and under budget

    April 9, 2025
    Top 5 Small-cap Pharma Stocks in 2025

    Top 5 Small-cap Pharma Stocks in 2025

    April 9, 2025
    What Was the Highest Price for Copper?

    What Was the Highest Price for Copper?

    April 9, 2025

    Disclaimer: economicfinesse.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Browse by Category

    • Business
    • Investing
    • Politics
    • Stock

    Recent News

    Scoping Study Progressing Well – Key Input Studies Completed

    Scoping Study Progressing Well – Key Input Studies Completed

    April 9, 2025
    BTR commences Fish Mine on schedule and under budget

    BTR commences Fish Mine on schedule and under budget

    April 9, 2025

    Copyright © 2024 Economic Finesse. All Rights Reserved.

    No Result
    View All Result
    • About us
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
    • Home 6
    • Privacy Policy
    • Terms & Conditions
    • Thank you

    Copyright © 2024 Economic Finesse. All Rights Reserved.