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Race in Trump's America: One step forth and two steps back

Mint New Delhi

|

May 28, 2025

Five years after George Floyd was killed, race relations are worse

- NIA-MALIKA HENDERSON

On the afternoon of 25 May 2020, George Floyd was choked to death on a Minneapolis street by a police officer. The brutal act, captured on video by a teenager, sparked a wave of multiracial protests for social justice and police reform. It also became a flashpoint in US politics and culture, ushering in a brief and backlash-ready period that galvanized millions to push for racial progress. Caucasians began to have rare and overdue conversations about the status of African Americans. Companies complied with the new zeitgeist and dropped racially stereotypical brand names like Aunt Jemima and Uncle Ben, made bandages for other complexions and expanded diversity, equity and inclusion (DEI) efforts. California formed a task force to study reparations. Buildings, schools and roads were renamed. Statues came down.

This was peak 'woke,' an old term that gained widespread usage around the protests. Five years later, 72% of Americans say the period of 'racial reckoning' didn't lead to changes that improved the lives of African-Americans, according to a Pew Research Center poll. Not only that, framing America's intractable social problems around race is increasingly politically risky.

MEER VERHALEN VAN Mint New Delhi

Mint New Delhi

Mint New Delhi

Softbank’s 40% fall from peak shows worry on OpenAI bet

Growing unease over frothy artificial intelligence (AI) valuations is weighing on shares of SoftBank Group Corp.

time to read

2 mins

November 27, 2025

Mint New Delhi

PepsiCo taps gourmet taste buds with Red Rock Deli’s India debut

Snack and cola maker PepsiCo is finally giving gourmet a chance with the launch of Red Rock Deli chips, priced ₹60 and ₹125 a pack, in a shift from its years-long focus on mass-market Lay's that starts as low as ₹5.

time to read

2 mins

November 27, 2025

Mint New Delhi

Mint New Delhi

Fintechs turn fund magnets with cross-border licensing

Funders see growth prospects in central bank's payment aggregator-cross border licensing

time to read

3 mins

November 27, 2025

Mint New Delhi

'First-gen founders take bigger investment risks'

India’s markets are minting a new class of first-generation millionaires: entrepreneurs who’ve scaled ideas into Initial public offerings (IPOs) and unlocked unprecedented personal wealth.

time to read

2 mins

November 27, 2025

Mint New Delhi

Mint New Delhi

Fundamentum readies four portfolio startups for IPOs

Nandan Nilekani-led venture capital firm Fundamentum is lining up at least four companies in its portfolio for a public listing over the next 12-24 months, co-founder and partner Ashish Kumar said.

time to read

2 mins

November 27, 2025

Mint New Delhi

Mint New Delhi

Ukrainians resist pressure from Russia—and Trump

Battered by nearly 4 years of war, Ukrainians don’t want to make big concessions to Moscow

time to read

4 mins

November 27, 2025

Mint New Delhi

These firms will sell shovels during semaglutide gold rush

Weight-loss drug semaglutide, also used to treat type-2 diabetes, will face its next big turning point in early 2026, when patents held by Novo Nordisk expire in India.

time to read

2 mins

November 27, 2025

Mint New Delhi

IL&FS group repays ₹48,463 cr loan

Debt-ridden IL&FS group has repaid ₹48,463 crore to its creditors as of September 2025, out of the total ₹61,000 crore debt resolution target, as per the latest status report filed before insolvency appellate tribunal NCLAT.

time to read

1 min

November 27, 2025

Mint New Delhi

From playlists to pay-lists— streaming platforms go flexi

Audio streaming platforms reshape their business models to turn free listeners into paying subscribers, tiered pricing and micro-transactions have become key to their survival in a market where users are reluctant to pay for content.

time to read

2 mins

November 27, 2025

Mint New Delhi

Mint New Delhi

AI trade splinters as Google challenges Nvidia’s dominance

Investors are sending two leaders of the AI trade in opposite directions.

time to read

3 mins

November 27, 2025

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