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May 3, 2021

DIVERSITY

Nasdaq’s arguments for diversity and effect on financial performance

USA Today
USA TODAY – For more and to sign up click here USA TODAY Nasdaq recently asked the Securities and Exchange Commission (SEC) to approve new diversity rules. To avoid forced delisting, a firm must “diversify or explain”: either have a certain number of “diverse” directors or say why it does......

In Opposing Climate and Diversity Proposals, Buffett Risks Looking Out of Step

@BreaknNews
The other proposal, by the shareholder advocacy group As You Sow on behalf of Handlery Hotels, calls on Berkshire to detail its diversity and inclusion efforts, arguing that more diverse workforces perform better. Berkshire does not dispute the importance of either issue. In its proxy statement to shareholders, which recommends......

Majority of employees want to work for a company that values diversity, equity and inclusion, survey shows

CNBC
CNBC – For more and to sign up click here Workers want business leaders to speak up on social and political issues and think companies can do more when it comes to diversity, equity, and inclusion efforts, according to the latest CNBC|SurveyMonkey Workforce Survey. The C-suite should take notice: a......

Biden White House touts diversity of appointees after 100 days

TheHill
USA TODAY – For more and to sign up click here Brett Samuels More than half of the roughly 1,500 political appointees in the Biden administration are women and nearly one-third are naturalized or children of immigrants, according to data released Thursday by the White House. The White House Office of......

Target CEO Brian Cornell says George Floyd’s murder pushed him to do more about racial equity, diversity

CNBC
CNBC – For more and to sign up click here Brian Cornell, Chairman and Chief Executive Officer of the Target Corporation. Anjali Sundaram | CNBC When George Floyd was killed a year ago, Target CEO Brian Cornell said he was shaken by the murder. He was troubled it happened so......

NASA, NSF Join Forces to Bolster Student Diversity in Engineering

NASA
NASA and the U.S. National Science Foundation (NSF) have signed a memorandum of understanding to collaborate on an initiative to open new avenues to engineering careers for communities underserved and underrepresented in STEM, through Minority-Serving Institutions (MSIs). Source link To Return to the Main Aggregate News Page – click here......

Former Facebook employee describes problematic work environment that he says encourages hiring bias

CBS News
CBS News – For more and to sign up click here Former Facebook employee describes problematic work environment that he says encourages hiring bias – CBS News Watch CBSN Live Rhett Lindsey, a former Facebook employee, says the tech giant has a diversity problem when it comes to hiring. He......

Jim Beam distiller puts $1 billion behind sustainability, diversity, responsible drinking plans

CNBC
CNBC – For more and to sign up click here Jim Beam Bourbon Source: Jim Beam Alcohol company Beam Suntory announced Wednesday a $1 billion investment in new sustainability, diversity and responsible drinking initiatives. As part of those plans, the producer of the Jim Beam and Maker’s Mark whiskey brands,......

US Black Engineer Magazine Releases 2021 Top Supporters of HBCU Engineering Schools List

@BreaknNews
The industry-leading publication announces the top companies acknowledged for their continued support of Historically Black Colleges and Universities. BALTIMORE – April 20, 2021 – — US Black Engineer Magazine, published by Career Communications Group, Inc. (CCG)  has released the 2021 Top Supporters of Historically Black Colleges and Universities (HBCU) Engineering List.......

Amazon aims to double U.S. Black employees in leadership this year

Reuters
FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, August 8, 2018. REUTERS/Pascal Rossignol/File Photo (Reuters) – Amazon.com said on Wednesday it was aiming to double the number of Black employees in senior leadership roles and hire 30% more Black people as corporate......

How Alex Rodriguez and Marc Lore’s $1.5 billion purchase of the Timberwolves can rebuild the team, boost diversity in NBA

CNBC
CNBC – For more and to sign up click here Alex Rodriguez on May 9, 2019, at NBC’s “Today.” Zach Pagano | NBCUniversal | Getty Images Alex Rodriguez is finally about to become a sports owner. Months after the former Major League Baseball star came up short in a bid......

Blinken names State Department’s chief diversity and inclusion officer

Politico
Politico.com – For more and to sign up click here “It’s perpetuated by policies, practices and people to this day,” Blinken said. Abercrombie-Winstanley was the former ambassador to Malta during President Barack Obama’s second term, served as a senior career diplomat for more than three decades, and was the first......

Ohio State employs 150 diversity officials, to add more professors focused on social and racial justice

WashingtonExaminer
USA TODAY – For more and to sign up click here Ohio State University recently announced it plans to hire 50 faculty members focused on addressing social equity and racial disparities. The news comes as an economics professor and higher education watchdog calculated that the public university currently employs 150......

Op-Ed: Employers’ diversity and equity efforts often overlook people with disabilities

CNBC
CNBC – For more and to sign up click here 2020 brought forward a crucial national conversation centered on the need for companies — from Main Street to Wall Street — to look inward at hiring practices, employment policies, recruitment and other aspects of the employment process to expand opportunities......

Duckworth drops threat to oppose Biden picks over diversity concerns

TheHill
USA TODAY – For more and to sign up click here John Bowden Sen. Tammy Duckworth (D-Ill.) said Tuesday that she was standing down on her pledge to oppose the Biden administration’s nominations in the Senate after assurances from the White House that it would do more to increase As… Source link......

San Francisco Fed sets diversity goal for boards, councils

Reuters
SAN FRANCISCO (Reuters) – The San Francisco Federal Reserve Bank on Friday set a five-year goal for achieving diversity on its boards and advisory councils, whose members help shape the Fed’s understanding of the economy, and ultimately its policies. The Fed’s westernmost outpost, like all 12 regional Fed banks, has......

Diversity in hiring practices alone isn’t enough, said Ariel Investments’ Hobson. What needs to change

CNBC
CNBC – For more and to sign up click here As more companies announce diversity and inclusion measures, Ariel Investments’ co-CEO Mellody Hobson believes there’s a simple way to hold corporations accountable: math. “Math has no opinion — have the math. The only way you can do that is commit......

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