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Investing.com -- The Federal Communications Commission ( FCC (BME:FCC)) is launching an investigation into the diversity practices of Walt Disney (NYSE:DIS) and its ABC unit. The FCC Chair, Brendan Carr, expressed concerns on Friday that these practices may be in violation of U.S. equal employment opportunity regulations.
In a letter sent to Disney CEO Robert Iger on Thursday, Carr questioned whether the company’s diversity, equity and inclusion efforts comply with FCC regulations. He also suggested that the changes made by the company may not be sufficient. Carr wrote, "I want to ensure that Disney ends any and all discriminatory initiatives in substance, not just name," indicating his intention to scrutinize the company’s initiatives closely.
This investigation is not an isolated event. Carr has also sent letters to Comcast (NASDAQ:CMCSA) and Verizon (NYSE:VZ), notifying them of similar probes into their diversity practices. The FCC’s move signifies a heightened focus on ensuring that companies adhere to equal employment opportunity regulations and that their diversity initiatives are more than just nominal.
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