THREAD: MBA programs have a diversity problem and we’re tracking it ⬇️ trib.al/qZkag9E
The historic national reckoning on race that was triggered by the killing of George Floyd has touched off a reexamination of corporate America from top to bottom.
So we created a Diversity Index to our @BW Best of B-Schools list. Here are the top-ranked trib.al/pXUajXL
Some takeaways:
- Fewer than two dozen schools had enough Black and Hispanic students to equal their respective shares of the population
- For example, Hispanic students made up 9.4%, about half their share of the U.S. population trib.al/W7nPjH9
More:
- Companies that lack Black directors have been the target of investors and activists, prompting a surge in board appointments trib.al/W7nPjH9
Here's how historically Black university Howard is fostering relationships between students and corporate America:
- Some business schools, like American University's Kogod, have worked to increase diversity.
The proportion of Black faculty at Kogod has more than doubled since 2014, and since 2015 the share of Black MBA students has increased 47% trib.al/W7nPjH9
And what about gender parity?
- Women had parity at only 5 of the 84 schools
- Notably, the percentage of women willing to consider an online degree vs. an in-person program rose from 15% in 2020 to 24% in 2021 trib.al/QqPzZ6p
“For many female candidates, Covid was a much harsher blow in terms of balancing personal and professional life."
Rahul Choudaha, director of industry insights and research communications at GMAC, told @BWtrib.al/QqPzZ6p
THREAD) 1. This is the moment when Japan started releasing treated nuclear water from its Fukushima plant into the Pacific Ocean.
The plan, part of the clean up of the worst atomic accident since Chernobyl, faces a persistent backlash despite reassurances trib.al/HwwSGL6
2) Some 1.3 million metric tons of wastewater — enough to fill about 500 Olympic-size swimming pools — will be discharged slowly over about the next 30 years.
👇A visual guide on how Japan is making the water safe enough to flush into the sea trib.al/77DowLx
3) Japan says that the water release is necessary, as storage tanks are forecast to hit capacity early next year.
Bloomberg energy reporter @SStapczynski says that such practice is "common within the nuclear industry and can be done safely" trib.al/ZypYNGL
🇨🇳THREAD: 1) Investors hailed 2023 as the year China's economy — unshackled from the world’s strictest Covid controls — would roar back.
They're still waiting https://t.co/eSOEuoJYWDtrib.al/X4xL8Hl
2) China is facing many problems: sluggish consumer spending, a crisis-ridden property market, record youth unemployment and towering local government debt.
And that's bad news for the world, impacting everything from commodity prices to equity markets trib.al/X4xL8Hl
3) More Chinese are seeing their incomes dropping and expect housing prices to fall in the coming three months, a worrying sign for the struggling economy trib.al/P59Ks5X
DEVELOPING: Putin has denounced a rebellion by forces loyal to the powerful head of the Wagner mercenary group Yevgeny Prigozhin as “treason” and threatened “harsh” punishment.
Follow this thread for the latest as the feud erupts into revolt
In a sudden and dramatic escalation of the feud between Prigozhin and Russia’s defense establishment, Wagner allegedly took over military offices in Rostov-on-Don, where the defense ministry’s southern military district headquarters are located https://t.co/Tparln0P1Rtrib.al/PYkx78w
Putin threatened the group with “harsh” consequences.
The unfolding events are the biggest sign of revolt against Putin since he started a war against Ukraine, and arguably the biggest challenge to his decades-long leadership. @RosMathieson has more
THREAD: 1) Nvidia has become the poster child for how to make money in AI — and its CEO just unveiled more AI products after a $184 billion rally.
Here's what's new about the world’s most valuable chipmaker ⬇ trib.al/hn3OWSH
2) Nvidia’s new lineup includes an AI supercomputer platform, which aims to help tech companies create successors to ChatGPT, CEO Jensen Huang said at the Computex show in Taiwan
3) Nvidia is also looking to change how people interact with video games.
A service called Nvidia ACE for Games will use AI to enliven background characters and give them more personality trib.al/hn3OWSH
🧵 Counting is underway in Turkey's runoff election, with President Erdogan taking an early lead against challenger Kilicdaroglu.
🇹🇷 Follow this thread for #TurkeyElections updates and market reactions
Recep Tayyip Erdogan, Turkey's longest-serving leader, is ahead with 56.4% of the votes with nearly half of all ballot boxes counted, according to state-run news agency Anadolu.