| WeWork finally filed its IPO paperwork this week, revealing new details about the coworking space-cum-real estate company. For one, it showed a deep interdependence between founder Adam Neumann and the corporation. For another, it revealed it has an all-male board.
The absence of women is startling. While the push for gender balance has motivated larger companies and spread to smaller ones, startups and investors who fund them have yet to catch on. Also worth watching is WeWork's reliance on the growing number of workers who, while technically employed, have nowhere to actually work. What if a recession happens and the me-conomy crashes, taking workspace demand with it? The gig economy isn't just unstable for workers: It puts the companies that service them at risk. —Claire Suddath and Jeff Green Did you see this? Unlike many governments in Europe, Portugal is rolling out the red carpet for immigrants.
White men are more successful at advancing their protégés, new research shows, and that's hurting women—especially women of color.
The Cayuga nation is suing Showtime, alleging that a plot line on the hit show "Billions" is defamatory and offensive.
A historically black college in Florida is in deep financial trouble.
More than 40% of Americans said they didn't go on vacation last year because they couldn't afford it.
The outrage cycle stops for no one, especially not big company executives. We love charts Companies that employ more women have better stock market returns, according to Morgan Stanley, which looked at almost 2,000 companies around the world. The trend held across borders, though it was more pronounced in some places than others.  Unintended consequences A few years ago, business schools were in, and law schools were out. Not anymore, says Bloomberg Opinion columnist Justin Fox, tying the reversal to the election of President Donald Trump. In particular, young, politically motivated women are helping fuel the rise in law school applications, while foreign students are staying away from U.S. business schools. ———————————————————————————————— Like Bloomberg's Equality newsletter? Subscribe to Bloomberg.com. You'll get our unmatched global news coverage and two premium daily newsletters, The Bloomberg Open and The Bloomberg Close, and much, much more. See our limited-time introductory offer. Worried about making enough money? Getting that dream job? Take a moment to try the Bloomberg Work Wise career calculator and learn how your salary stacks up, and how much your dream job might pay.
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