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WSJ What’s News

The Pushback Against DEI Enters a New Realm: Medical Care

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 15 August 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

P.M. Edition for Aug. 15. WSJ reporter Theo Francis explains how the opposition to diversity, equity and inclusion policies is now entering uncharted legal terrain in a challenge to the Cleveland Clinic and programs aimed at Black and Latino patients. And retail sales jumped in July, but there are still plenty of signs that consumers are spending differently; WSJ retail reporter Sarah Nassauer explains. Plus, WSJ reporter Jared Hopkins says Medicare has negotiated lower prices for prescription drugs for the first time. Chip Cutter hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:06.0

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0:11.0

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0:14.4

slash Wall Street.

0:17.0

U.S. retail sales jump in July as Walmart says U.S. consumer spending is steady. And the fight against

0:25.4

DEI programs is shifting to medical care. This is part of a broader set of

0:30.4

challenges that are being brought by conservative and other activist groups, basically looking

0:35.3

at diversity programs of all kinds and saying these are illegal.

0:39.3

Plus, the U.S. government negotiated lower prices for medicines for the first time.

0:43.8

It's Thursday, August 15th.

0:45.6

I'm Chip Cutter for the Wall Street Journal.

0:47.4

This is the PM edition of What's News, the top headlines and business stories that

0:51.0

move the world today.

0:55.0

American households boosted their retail spending last month led by strong vehicle sales.

1:00.0

The Commerce Department said that retail sales, which is a measure of spending at stores, online, and in restaurants,

1:06.0

rose a seasonally adjusted 1% in July for the month before.

1:10.0

However, companies like McDonald's, Disney, AirB&B, and others have said in recent days that they're

1:14.7

concerned about slowing spending among consumers.

1:18.2

Not Walmart, though.

1:19.3

The country's largest retailer posted today strong sales in its latest quarter and

1:23.4

executives said they don't see signs affrain demand.

1:26.6

Walmart said that its U.S. comparable sales which measures both stores and

...

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