Firm linked to Vivek Ramaswamy takes stake in McDonald’s, WSJ reports

Strive Asset Management, the firm co-founded by Vivek Ramaswamy, who is running for president, has purchased just under $2M worth of McDonald’s shares, The Wall Street Journal’s Lauren Thomas reports, citing people familiar with the matter. Strive this week sent a letter to McDonald’s expressing concerns over the way the restaurant operator handles diversity, equity and inclusion, Thomas writes. “While the Supreme Court’s decision focused on ending the use of affirmative action in the higher education context, the Civil Rights Act applies to both universities that receive federal funds and private employers such as McDonald’s,” the letter said.