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Defending the Confederate flag

Bloomberg Equality
Bloomberg

Stephanie Korey, the CEO of luggage start-up Away, stepped down this week after The Verge detailed what employees called a "toxic" work culture. Korey is one of a handful of female leaders who have recently come under scrutiny for the way they treat women, people of color and other under-represented groups.

One former employee of The Wing told Bloomberg Businessweek that the female co-working space's stated mission of greater equality is a "total farce." People who've worked at startups such as Thinx and Nasty Gal have made similar claims. So what gives? One theory is that, when given a bunch of money to grow and scale a business, CEOs tend to act the same regardless of gender. And as a result, they can make some of the same big mistakes. —Rebecca Greenfield

Did you see this? 

Employees at Goldman Sachs complained to executives about a scheduled appearance by former South Carolina Governor Nikki Haley following the Republican's statement that some of her former constituents view the Confederate flag in a positive light. 

Intel is betting that transparency will be a step toward equality. The company disclosed employee pay by race and gender, and it's not a pretty picture.

Harvey Weinstein reached a tentative $47 million settlement with dozens of accusers, an amount advocates called "flawed."

Previously incarcerated job seekers are benefiting from a particularly strong job market. 

Japanese cosmetics companies are targeting older women, and 45-year-old Kate Moss is the brand-ambassador.

Thank you for smoking. Male smokers with male managers who smoke are promoted faster.

We love charts

Although Latinas are still paid less than other groups, a few trends are now working in their favor. A low unemployment rate has brought more of them into the workforce; economists would expect that to also drive up wages. And the number of Hispanic women with college degrees has doubled since 2008, setting them up for higher-paying work.

They is having a moment 

Perhaps "the future is female," as the feminist slogan says—or perhaps it's nonbinary. A few retailers are already there. Big brands like H&M and Sephora have experimented with some gender-neutral product lines. One store in New York City, Phluid Project, does away with menswear and womenswear entirely, chasing young shoppers who may be more likely to reject the male-female divide. Not that consumers were waiting: 56 percent of Gen Z already reports ignoring gender labels when shopping.

 

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