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Bloomberg Investors focused on social issues are finding that trickle-down diversity doesn’t work. For years, they surmised that having enough women on boards and in senior management would produce fairer policies. Now investors are changing tactics, saying it’s not enough and that employers also need to implement gender-pay equity and paid-leave policies that attract and retain women. Zevin Asset Management, ...

Bloomberg Top European Union officials teamed up to send UK Prime Minister Theresa May a blunt message: Do more to flesh out Britain’s Brexit positions or put off trade talks for even longer. European Commission President Jean-Claude Juncker and the EU’s chief Brexit negotiator, Michel Barnier, used a hearing in the European Parliament in Strasbourg, France, on Tuesday to all ...

Bloomberg A Muslim student group in Maryland filed the first lawsuit over the latest version of the Trump administration’s travel ban against several Muslim-majority countries, plus North Korea and Venezuela. The lawsuit filed by Iranian Alliances Across Borders will again focus on President Donald Trump’s comments about Muslims before the election as the true reason for the ban rather than ...

Bloomberg Defense Secretary Jim Mattis vouched for Secretary of State Rex Tillerson’s diplomatic efforts to defuse the North Korea crisis after President Donald Trump said Tillerson “is wasting his time.” “The Defense Department supports fully Secretary Tillerson’s efforts to find a diplomatic solution but remains focused on defense of the United States and our allies,” Mattis said in testimony on ...

Bloomberg At least 500 Spanish police officers were driven out of their hotels by angry locals last night as Catalan separatists pushed back against state forces after the crackdown on their illegal vote for independence. “This is a mafia behavior,” Deputy Prime Minister Soraya Saenz de Santamaria said in a televised statement on Tuesday. Prime Minister Mariano Rajoy is fighting ...

Bloomberg Extremists who repeatedly watch terrorist content online could be jailed for as long as 15 years, UK Home Secretary Amber Rudd said on Tuesday, announcing an update of counter-terrorism laws. The move will expand the existing offense of possessing information likely to be useful to a terrorist so it does not only apply to downloaded or stored information. UK ...

Bloomberg The Palestinian Authority cabinet met in the Gaza Strip for the first time in three years as its members began to take charge of ministries from Hamas, and said they would start talks next week on the contentious issue of security forces. The government is “ready to take complete responsibility and extend its full control over Gaza, without exceptions,” ...

Spanish Prime Minister Mariano Rajoy stuck stubbornly to his script on Sunday night while the rest of the world watched an entirely different movie unfold in Catalonia. “There was no referendum. What we have seen was a mere dramatization,” Rajoy insisted. He sounded a little like a Kremlin spokesperson brushing aside a separatist uprising in, say, Chechnya. Nothing to see ...

The relationship between the Democratic Party and big business this year has all the makings of a good romantic comedy. Based on their histories and values, these two couldn’t be more different. And yet, the fates seem to be drawing them together. All that’s missing is one party walking in, drenched from the rain, exclaiming, “You had me at ‘$15 ...

Economists are famously bad at predicting growth. A new technique might help them get a little better. When assessing a country’s potential to prosper, economists typically look at aggregate measures such as education, investment or national debt. This hasn’t worked particularly well: China’s economy, for example, has kept growing at a fast pace even though they’ve been predicting a slowdown ...