Racism Impoverishes the Whole Economy

While the targets unquestionably suffer the most, denying people equal opportunities diminishes the finances of millions of Americans.

#bell-laboratories, #black-people, #boards-of-directors, #civil-rights-movement-1954-68, #colleges-and-universities, #discrimination, #education-k-12, #forbes-magazine, #gross-domestic-product, #hispanic-americans, #income-inequality, #innovation, #inventions-and-patents, #michigan-state-university, #minorities, #musk-elon, #race-and-ethnicity, #research, #scholarships-and-fellowships, #small-business-administration, #united-states-economy, #venture-capital, #wages-and-salaries, #women-and-girls

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Chairman of Elite Wine Group Resigns Amid Its Sexual Harassment Scandal

Devon Broglie is the latest figure in the Court of Master Sommeliers to be accused of an inappropriate relationship.

#metoo-movement, #boards-of-directors, #broglie-devon, #conflicts-of-interest, #court-of-master-sommeliers-americas, #sexual-harassment, #wines

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Apollo Board Will Review Leon Black’s Ties to Jeffrey Epstein

Mr. Black, the chief executive and chairman of Apollo Global Management, asked independent board members to examine his relationship with the convicted sex offender.

#apollo-global-management, #black-leon-d, #boards-of-directors, #child-abuse-and-neglect, #epstein-jeffrey-e-1953, #human-trafficking, #private-equity, #sex-crimes, #women-and-girls

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Stakeholder Capitalism Gets a Report Card. It’s Not Good.

The pandemic and the movement for racial justice have tested corporate pledges to elevate social concerns alongside shareholder interests. A new study finds companies are failing to follow through.

#amazon-com-inc, #benioff-marc, #blackrock-inc, #boards-of-directors, #business-roundtable, #capitalism-theory-and-philosophy, #coronavirus-2019-ncov, #corporate-social-responsibility, #corporations, #ford-foundation, #marriott-international-inc, #wages-and-salaries

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Diversity Push Barely Budges Corporate Boards to 12.5%, Survey Finds

Despite pledges to nominate more members of underrepresented ethnic and racial groups, companies have made little progress over the last five years.

#black-people, #boards-of-directors, #california, #hiring-and-promotion, #hispanic-americans, #minorities, #pizarro-pedro-j, #race-and-ethnicity, #stocks-and-bonds, #united-states, #west-tony-1965, #whites

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Trump Dismisses 2 T.V.A. Board Members After Outsourcing Dispute

The Tennessee Valley Authority, an electric utility, quickly said it would reconsider its move to shift some work to contractors outside the United States.

#appointments-and-executive-changes, #boards-of-directors, #executive-orders-and-memorandums, #labor-and-jobs, #layoffs-and-job-reductions, #outsourcing, #tennessee-valley-authority, #trump-donald-j, #united-states-politics-and-government

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Corporate America’s Black Lives Matter Pledges Fall Short

It’s time for companies to move beyond mere tweets and hire more black employees at every level.

#amazon-com-inc, #black-lives-matter-movement, #black-people, #boards-of-directors, #corporations, #discrimination, #facial-recognition-software, #george-floyd-protests-2020, #police-brutality-misconduct-and-shootings, #race-and-ethnicity, #ring-inc, #snap-inc, #starbucks-corporation, #twitter, #united-states

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‘Corporate America Has Failed Black America’

For a group of elite black executives, police killings and protests have unleashed an outpouring of emotion and calls for action.

#appointments-and-executive-changes, #banking-and-financial-institutions, #black-people, #boards-of-directors, #burns-ursula-m, #corporations, #discrimination, #george-floyd-protests-2020, #historically-black-colleges-and-universities, #hobson-mellody, #moore-wes-1978, #police-brutality-misconduct-and-shootings, #reffkin-robert, #smith-robert-f-1962, #walker-darren-1959, #williams-ryan-1988

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Trump’s Vaccine Chief Has Vast Ties to Drug Industry, Posing Possible Conflicts

Moncef Slaoui, a former pharmaceutical executive, is now overseeing the U.S. initiative to development coronavirus treatments and vaccines. His financial interests and corporate roles have come under scrutiny.

#appointments-and-executive-changes, #biotechnology-and-bioengineering, #boards-of-directors, #conflicts-of-interest, #coronavirus-2019-ncov, #drugs-pharmaceuticals, #ethics-and-official-misconduct, #glaxosmithkline-plc, #health-and-human-services-department, #moderna-inc, #research, #sanofi-sa, #securities-and-exchange-commission, #slaoui-moncef-m, #stocks-and-bonds, #trump-donald-j, #united-states-politics-and-government, #vaccination-and-immunization, #venture-capital, #your-feed-healthcare

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Why 2019 Was a Breakthrough Year for Women in the Boardroom

Public pressure to diversify boards forced public companies to change. And private ones, too.

#boards-of-directors, #gender, #women-and-girls, #workplace-environment

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