Kamala Harris cemented her place in history Tuesday as the first Black woman and first Asian-American on a major party ticket. Former Vice President Joe Biden's selection of the California senator and former state attorney general as his vice-presidential candidate drew praise from both the political and business worlds, with Wall Street Democrats applauding the decision. Morgan Stanley Vice Chairman Tom Nides cheered that "a Black woman is considered the safe and conventional candidate." Notably, all of the six largest U.S. banks are run by White men. The finance industry's diversity efforts have failed to bring in women and minorities, leaving Wall Street's top ranks looking nothing like the nation they serve.The few Black female executives that have made it to the top caution that Harris's nomination is still an anomaly and progress for Black women remains slow. "You have an added burden to succeed," said Mary Winston, who was interim CEO of Bed Bath & Beyond Inc. last year. "If you don't, you know there won't be another one like you for many years to come." —Marin Wolf Did you see this? The gap between Black and White unemployment in the U.S. hit a pandemic high in July, reflecting an uneven recovery. In Canada, joblessness in the past year soared most for Black and Asian workers. Job recruiters may see candidates with natural hairstyles like afros, dreadlocks and braids as less "professional," which would hurt Black women's job prospects. Wall Street hopes its plan to remove racist fans from Italian soccer will make the league more lucrative and successful. Iceland is considering a "rainbow certificate" for businesses that employ LGBTQ workers. The drug giant Bristol Myers Squibb Co. is committing $300 million to diversify pharmaceutical trials to include racial and ethnic minorities. Covid-19 disproportionately affects minorities, but studies of potential treatments and vaccines tend to use White subjects. We love chartsInflation is hitting older Americans harder than others, because their spending is skewed toward growing costs like housing and pharmaceuticals.  India's front-line Covid-19 fightersAbout 600,000 women of India's all-female army of contact tracers went on strike for two days starting Aug. 7 after months of underpayment and harassment while tracking the world's third-largest Covid-19 outbreak. The women, part of the country's one million Accredited Social Health Activists, are demanding ensured minimum wages and more protection as they track down patient contacts in hard-to-reach parts of the country. Losing the ASHAs could mean losing a critical part of India's health services, as well as slipping further into an outbreak the government is struggling to control.
Correction: Last week's edition of the Business of Equality misrepresented the number of meals available through Newark Working Kitchens. | 
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