CHICAGO (MarketWatch) -- Merck
& Co. on Monday told an advocacy group that its charitable arm would pull all funding for the Boy Scouts of America due to the youth organization's discriminatory policies toward gay and lesbian Americans. "Merck Foundation has suspended all funding to the Boys Scouts of America," a spokesperson told the group, Scouts for Equality. "The Merck Foundation will consider funding the BSA again when the organization's inclusion criteria has been expanded." The pharmaceutical firm joins Intel and UPS , both of which have also cut their financial ties to the group this year for similar reasons.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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