lowe's companies inc. - LOW

Caterpillar is rolling back some of its DEI policies following an internal review, with senior leaders required to approve participation in external surveys and speakers.

Home improvement retail chain Lowe's is reportedly ending multiple diversity, equity, and inclusion initiatives and altering other representation-focused parts of its corporate programming.

The deal will expand Home Depot's total potential market by about $50 billion to roughly $1 trillion, the company said. Home Depot has a market value of $382.42 billion.

Kenneth Langone, co-founder of the Home Depot, said he is just about ready to throw his support and money behind former South Carolina Gov. Nikki Haley.

Best Buy CEO Corrie Barry says the company has largely been able to stave off the surge in shoplifting other retailers have seen, thanks in large part to having more manpower in stores.

Lowe's saw a "greater-than-expected pullback in DIY discretionary spending, particularly in bigger ticket categories" in the third quarter, CEO Marvin Ellison said.

Retail sales fell in October for the first time in seven months as consumers pulled back on spending in the face of inflation and high interest rates.

Exchange-traded funds, or ETFs, are baskets of securities traded on exchanges that may offer investors greater diversification, less risk and fewer fees.

Major corporations found themselves in hot water during 2021 as whistleblowers revealed what they claimed were employee training sessions steeped in critical race theory.

Bank of America, Lowe's, Truist Financial, and more sponsored a United Way critical race theory challenge claiming that America is institutionally racist and urging people to get "woke at work" and "cede power to people of color."