Target’s market value plunged $9 billion in one week after anger erupted over the store’s new “PRIDE” collection, which features clothing for children and babies as well as a chest-binding swim top and a “tuck-friendly” women’s bathing suit.
Social media users and conservative activists began calling for boycotts of Target following the release of their PRIDE line last week. The company was valued at $160.96 per share on May 17, at a market value of $74.3 billion; as of Thursday morning each share was valued at $139.84, the lowest in over a year, at a market value of $64.54 billion, according to MarketWatch data.
The Los Angeles Dodgers apologized to and reinvited the Sisters of Perpetual Indulgence, a radical anti-Catholic group that defiles the Catholic faith, to be honored at the team’s game night “pride” event. The move by the Dodgers’ organization to reinvite the blasphemous group of self-described “queer and trans nuns” comes following backlash from radical LGBTQ activists and their political allies.
A commission to combat antisemitism ordered by Governor Glenn Youngkin published its report Monday, describing a rising amount of antisemitic incidents nationally and in Virginia, and recommending 21 steps the governor and the General Assembly could take.
“In recent years, Virginia has had fewer incidents than neighbors in Maryland and DC, but the national trend of increasing antisemitic incidents has not spared Virginia, and some of the most high-profile antisemitic incidents in recent history have occurred in the Commonwealth. Generally, while the Commonwealth has not seen antisemitic assaults take place since 2018, there has been an increased frequency of antisemitic harassment and antisemitic vandalism at levels which have remained constant from 2018 to 2021,” the report states.
Republican state treasurers are withdrawing $1 billion in assets from BlackRock’s control due to the asset manager’s alleged boycott of the fossil fuel industry, according to the Financial Times.
Republican South Carolina State Treasurer Curtis Loftus is pulling $200 million from BlackRock by the end of 2022, and Louisiana treasurer John Schroder said on Oct. 5 that he is divesting $794 million from the company, according to the FT. Utah treasurer Marlo Oaks said he removed $100 million in funds from BlackRock’s control, and Arkansas treasurer Dennis Milligan pulled $125 million from the company in March.
According to a new report, the National Education Association, which is America’s largest teacher’s union, has canceled its annual convention that was set to be held in Texas in July.
“The union took the unprecedented step of canceling its Texas plans due to its displeasure with a series of bills that came out of a special session of the state legislature having to do with voting, abortion and critical race theory, internal NEA sources say,” according to The 74 million. “Several state affiliates had threatened not to send their delegates to the convention if it were held in Texas.”
Conservative Clergy of Color, a non-partisan civil rights advocacy group, called on corporations to stop funding the Black Lives Matter organization, due to the group’s call for a boycott.
The boycott, entitled “Black Xmas,” encourages its supporters to engage in a “boycott of white capitalism” by encouraging consumers to stop “spending with White corporations.”