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Stories Tagged as

Diversity

Court rules Nasdaq diversity initiative illegal

by Kimberly Adams
Dec 13, 2024
Opponents of the proposed DEI rule said it amounted to a public shaming of companies. They also faulted the SEC's approval of the measure.
Nasdaq's DEI initiative would have required each listed company's board to have at least one female member and one nonwhite or LGBTQ+ member, or tell investors why not.
Michael M. Santiago/Getty Images
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Execs across political spectrum say DEI is critical for business, survey finds

by David Brancaccio and Alex Schroeder
Feb 7, 2024
It's 75% of self-described conservative executives, 77% of moderates and 89% of liberals who are in consensus on DEI.
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Half of NBA teams are now led by Black head coaches

by Savannah Peters
Jun 6, 2022
But those studying the NBA say change has been slower among referees, athletic trainers and in the front offices.
Ime Udoka has led the Boston Celtics to the NBA Finals in his first year as head coach of the team.
Maddie Malhotra/Getty Images
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Courts decide California can't mandate corporate board diversity

by Meghan McCarty Carino
May 18, 2022
But institutional investors, consumers and other stakeholders could continue to hold companies accountable.
Despite California courts striking down laws requiring diversity in corporate board rooms, many companies continue to make progress.
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Economics’ diversity problem includes socioeconomic diversity

by Kai Ryssdal and Maria Hollenhorst
Apr 28, 2022
A new working paper analyzing socioeconomic diversity in the economics profession finds it sorely lacking.
Jens Schlueter/Getty Images
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Judge challenges a California law mandating diversity on corporate boards

by Lily Jamali
Apr 6, 2022
The law, which went into effect in 2020, required California-based companies to appoint directors from underrepresented communities.
The percentage of female directors on California boards doubled in the three years since the gender law passed, one researcher said.
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The NFL's hiring practices are biased against Black coaches, a former coach's lawsuit alleges

by Andy Uhler
Feb 14, 2022
The vast majority of the league's head coaches don't look like the vast majority of its players.
Former Miami Dolphins head coach Brian Flores claims in a lawsuit against the NFL that the Rooney Rule — which requires that one nonwhite candidate be interviewed for head coach positions — is all show.
Adam Glanzman/Getty Images
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Flight school combats lack of diversity in the cockpit

by Katie Riordan
Jan 24, 2022
As analysts predict a pilot shortage in the coming years, a nonprofit flight school in Mississippi is focused on training a more diverse aviation workforce.
Student Carlin Bratcher, left, and her instructor Zakiya Percy after a flying lesson.
Katie Riordan
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A look at the Federal Reserve's historical lack of diversity

by Nancy Marshall-Genzer
Jan 5, 2022
There wasn't a Black member of the Fed's board of governors until 1966. Part of the problem: too much emphasis on Ivy League economists.
“If you’re intentionally creating a talent pool that is nondiverse, then you’re probably going to end up with a nondiverse outcome," Georgetown Law professor Chris Brummer says. Above, the Federal Reserve building in Washington, D.C.
Daniel Slim/AFP via Getty Images
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Corporate boards became more diverse in 2021

by Meghan McCarty Carino
Jan 4, 2022
Representation of women and people from underrepresented racial and ethnic groups increased significantly after 2020's pledges, data shows.
The number of directors from underrepresented racial and ethnic groups jumped by 25% last year, according to data from ISS Corporate Solutions.
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