Hollywood Loses $10 Billion a Year Due to Lack of Diversity, Study Finds

A McKinsey report that combined previous research and new interviews argues that concrete steps like company bonuses tied to improved representation can lead to change.

#black-people, #discrimination, #mckinseyco, #movies, #television

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Head of McKinsey Is Voted Out as Firm Faces Reckoning on Opioid Crisis

Partners decided not to keep Kevin Sneader in the top job. Weeks earlier, McKinsey had reached a historic settlement agreement in the U.S. over its advice to drugmakers.

#layoffs-and-job-reductions, #mckinseyco, #opioids-and-opiates, #oxycontin-drug, #purdue-pharma, #sneader-kevin

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France Hired McKinsey to Help in the Pandemic. Then Came the Questions.

After previously undisclosed contracts were revealed, the company has become a magnet for criticism in France’s vaccine rollout.

#accenture-ltd, #coronavirus-2019-ncov, #france, #government-contracts-and-procurement, #les-republicains-france, #macron-emmanuel-1977, #mckinseyco, #vaccination-and-immunization

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McKinsey Settles for $573 Million Over Role in Opioid Crisis

The consulting firm has reached the agreement with 47 states because of its advice to drugmakers, including Purdue Pharma, the manufacturer of OxyContin.

#addiction-psychology, #deaths-fatalities, #drug-abuse-and-traffic, #drugs-pharmaceuticals, #mckinseyco, #opioids-and-opiates, #oxycontin-drug, #pain-relieving-drugs, #purdue-pharma, #sackler-family, #suits-and-litigation-civil

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McKinsey Issues a Rare Apology for Its Role in OxyContin Sales

The firm faced criticism after a report revealed that consultants had discussed destroying documents related to the opioid business and proposed that a drugmaker pay its distributors rebates for overdoses.

#drug-abuse-and-traffic, #drugs-pharmaceuticals, #hawley-josh-d-1979, #house-of-representatives, #mckinseyco, #murphy-philip-d-1957, #opioids-and-opiates, #oxycontin-drug, #pain-relieving-drugs, #purdue-pharma, #schatz-brian, #senate

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McKinsey Proposed Paying Pharmacy Companies Rebates for OxyContin Overdoses

Court filings reveal consultants’ talk of a records purge during the opioid crisis, and shed new light on sales advice given to the billionaire Sackler family and their drug company, Purdue Pharma.

#cvs-caremark-corporation, #deaths-fatalities, #drug-abuse-and-traffic, #drugs-pharmaceuticals, #food-and-drug-administration, #mallinckrodt-pharmaceuticals, #mckinseyco, #opioids-and-opiates, #oxycontin-drug, #pain-relieving-drugs, #purdue-pharma, #sackler-family, #sackler-raymond-1920-2017, #sackler-richard-1945, #suits-and-litigation-civil

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Subway Service Could Be Cut 40% if No Federal Aid Arrives

On Wednesday, transit officials announced some new details of proposed service cuts, including slashing weekend service and eliminating bus lines, to address its multibillion-dollar budget hole.

#budgets-and-budgeting, #buses, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #foran-robert-e, #mckinseyco, #metropolitan-transportation-authority, #stimulus-economic, #subways, #transit-systems, #transit-workers-union, #tri-state-transportation-campaign

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Wealthy Millennial Women Tend to Defer to Husbands on Investing

Even the most educated and high-achieving women do not participate equally with their husbands in long-term financial decision making, according to a study.

#coronavirus-2019-ncov, #divorce-separations-and-annulments, #ellevest, #financial-planners, #ginsburg-ruth-bader, #high-net-worth-individuals, #krawcheck-sallie-l, #lowry-erin, #mckinseyco, #millennial-generation, #national-womens-law-center, #porter-katie-1974, #research, #ubs-ag, #women-and-girls, #womens-rights

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C.E.O.s Rediscover the Family Dinner Table

Remote work during the coronavirus pandemic has given executives with children a taste of a different way to live.

#beyond-meat-inc, #blakely-sara, #children-and-childhood, #coronavirus-2019-ncov, #dimon-james, #ellevest, #executives-and-management-theory, #foley-john-fitness-executive, #krawcheck-sallie-l, #mckinseyco, #new-york-city, #parenting, #quarantine-life-and-culture, #videophones-and-videoconferencing

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