This Dec. 6, 2013 file photo shows director Adam McKay from the film "Anchorman 2: The Legend Continues" in New York. Paramount Pictures on Tuesday, Sept. 22, 2015, announced that it will release the McKay-directed adaptation of Michael Lewisโ book, "โThe Big Short: The Doomsday Machine," in limited release on December 11. A wider release will follow December 23. (Photo by Victoria Will/Invision/AP)
NEW YORK (AP) --
Hollywood's awards season has a surprise new entry: "The Big Short."
Paramount Pictures on Tuesday announced that it will release the Adam McKay-directed adaptation of Michael Lewis' book in limited release on Dec. 11. A wider release will follow Dec. 23.
The film boasts a star-studded cast of Christian Bale, Brad Pitt, Steve Carell and Ryan Gosling. It tells the true story of a handful of people who got rich by betting against banks and predicting the financial crash of 2008.
A trailer for the film also debuted Tuesday. "The Big Short" will first premiere at the AFI Fest in Los Angeles on Nov. 12.
Pepsi soft drinks in plastic bottles are on sale at a grocery store in New York on Weds., Nov. 15, 2023. (AP Photo/Ted Shaffrey, File)
PepsiCo confirmed Friday that it's ending some of its diversity, equity and inclusion initiatives, even as rival Coca-Cola voiced support for its own inclusion efforts.
In a memo sent to employees, PepsiCo CEO Ramon Laguarta said the company will no longer set goals for minority representation in its managerial roles or supplier base. The company will also align its sponsorships to events and groups that promote business growth, he said.
Laguarta wrote that inclusion remains important to PepsiCo, whose brands include Gatorade, Lay's potato chips, Doritos, Mountain Dew as well as Pepsi. The Purchase, New York-based company's chief diversity officer will transition to a broader role focused on employee engagement, leadership development and ensuring an inclusive culture, he said.
Since President Donald Trump returned to the White House last month, U.S. government agencies, companies and schools have rushed to reevaluate policies and programs they adopted with the goal of reducing discrimination against members of minority groups, women and LGBTQ+ people.
Trump ended DEI programs within the federal government and has warned schools to end DEI programs or risk losing federal money.
PepsiCo's rollback came as Coca-Cola reaffirmed support for its DEI efforts.
In its annual report, Atlanta-based Coke warned that its business could be negatively affected if it is unable to attract employees that reflect its broad range of customers.
"Failure to maintain a corporate culture that fosters innovation, collaboration and inclusion โฆ could disrupt our operations and adversely affect our business and our future success," the company said.
Coca-Cola has set a goal of having women in 50% of its senior leadership roles by... Read More
