Wednesday, May 24, 2023

The Daily Money: Target pulls some LGBTQ items amid backlash

Target pulled some LGBTQ items from some stores after customer complaints. The merchandise has been available since early May for Pride Month in June.

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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Wed May 24 2023

 

Paul Davidson  Economics and Jobs Reporter

Happy Hump Day! It's Paul Davidson bringing you Wednesday's headlines from The Daily Money.

In the latest culture war skirmish, Target is removing some LGBTQ merchandise – rolled out for Pride Month in June – from some stores after backlash from some customers.

The retail giant didn't say which items it's pulling, but among those drawing complaints were "tuck friendly" women's swimsuits that allow trans women who haven't had gender-affirming surgery to conceal male genitals.

Some Target stores, mostly in the rural South, were trying to avoid a "Bud Light situation ," a reference to the criticism against parent company Anheuser-Busch after it featured transgender influencer Dylan Mulvaney in a promotional campaign, according to Fox News.

Target S Stock Drops On Poor Earnings

Target is pulling some LGBTQ merchandise from some stores.

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Netflix cracks down on password sharing

Netflix is clamping down on customers who go a bit too far in sharing their accounts with friends or relatives.

Only people who live under the same roof can share accounts, the popular streaming company said. If you want to share with someone who doesn't live with you, you can transfer their profile to a new membership or share your account for an additional $8 monthly fee.

That's a bit cheaper than the basic ad-free plan, which costs $10 a month. My colleague Jessica Guynn offers guidance on how to figure out who's actually using your log-in and how to have that tough conversation with family and friends who aren't making the cut.

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