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Business

The Advocate brings readers the latest news regarding developments in the LGBT business world. Find out the happenings of gay business leaders that are moving the Invisible Hand in the United States and around the world like Apple's Tim Cook, American Eagle's Robert Hanson, and 3M Unitek's Mary Jo Abler. Learn tips from the pros about managing the business affairs of day-to-day life for the present and future. Prepare for retirement and learn how changing laws regarding same-sex marriage, partnership, and adoption affects financial planning.

BarkBox CEO apologizes for leaked message exposing paused Pride ads — but they're still paused

BarkBox's CEO apologized for a leaked memo stopping paid ads for their Pride Collection, but they're still not advertising it.

Here are 7 LGBTQ+ groups you can donate to as major companies quit sponsoring Pride events

These local LGBTQ+ groups still need help making their Pride celebrations a reality.

These 14 corporations have stopped or scaled back sponsorship of LGBTQ+ Pride events

Here are the companies that have walked back their support for Pride Month while axing DEI, some of them after decades of allyship.

D.C. police investigate suspected hate crime at bar for queer & trans people of color during WorldPride

As the city ramps up for the world's biggest LGBTQ+ celebration, somebody broke in and vandalized Saints and Sinners, a QTBIPOC space.

Most Americans support corporate LGBTQ+ Pride efforts despite pull-back by major brands: report

A new GLAAD report challenges the notion that Americans endorse a retreat from LGBTQ+ inclusion in commerce.

Corporate sponsors like Pepsi, Nissan, Mastercard, and more pull back from NYC Pride

Most blame the economic climate, but others point the finger at the anti-DEI policies and rhetoric of the Trump administration.

Apple's App Store removes queer cruising app Sniffies

The platform said the removal was temporary.

Apple fined by Russian court for extremist 'LGBT content'

This is not the first time Apple has run afoul of Russian authorities for refusing to censor content under Putin.

LGBTQ+ people’s safety has plummeted across social media platforms: report

The 2025 Social Media Safety Index from GLAAD reveals widespread failures by major tech platforms to protect LGBTQ+ users.

Project 2025 vowed to roll back LGBTQ+ rights. Here's everything Trump has done so far

Donald Trump claimed on the campaign trail that he had "nothing to do" with Project 2025 — but now that he's in office, he's implementing it.

'WWE in the West Wing:' Elon Musk got into a screaming match with Scott Bessent

Witnesses said Bessent criticized Musk's DOGE for failing to make good on its promised cuts, and Musk called Bessent a "Soros agent" who ran "a failed hedge fund."

Target foot traffic down for 10th consecutive week amid boycott over DEI abandonment

Meanwhile, Costco which rejected calls to abandon its DEI efforts marked its sixteenth straight week of increasing foot traffic.

JD Vance wants the UK to repeal its LGBTQ+ hate speech laws to secure a trade deal

An anonymous White House advisor said JD Vance is “obsessed by the fall of Western civilization."

Who is Scott Bessent? Here's the gay billionaire and treasury secretary backing Trump tariffs

Bessent's tenure has been defined by his compliance in dismantling government agencies and his unwillingness to recognize the impact of Trump's tariffs on Americans.

Advocates cry foul after YouTube quietly removes ‘gender identity’ from hate speech policy

The change happened after Donald Trump’s inauguration.

These 25 major companies still have DEI practices

While some large corporations are ending DEI programs due to conservative backlash, these companies are staying strong.

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A Mississippi cafe made a discount for straight couples only. Now, other restaurants are hitting back

Local restaurants are hosting drag shows and inclusive tours after Darwell’s Happiness Cafe claimed they "don’t do the trans or the lesbians or gays."

Federal student loan restrictions will disproportionately impact LGBTQ+ adults

LGBTQ+ people are more likely to have student loans and experience economic insecurity, poverty, and disabilities.

Multiple D.C. LGBTQ+ bars pull Jack Daniel's orders over distiller's retreat from diversity & inclusion

If you're looking for Jack Daniel's, you won't find it at these LGBTQ+ bars.

Target faces 40-day boycott for ending DEI programs as Trump tariffs take effect

A 40-day boycott against Target is beginning today.