The Street (December 1)
To promote diversity and better governance, Nasdaq has proposed new rules that “would require companies to appoint at least two diverse directors on their boards or explain their rationale for not meeting that objective.” Before submitting its proposal to the SEC, Nasdaq analyzed over “two dozen studies that found an association between diverse boards and better financial performance and corporate governance.”
Tags: Boards, Directors, Diversity, Explain, Governance, Nasdaq, Performance, Rationale, Rules, SEC
San Francisco Chronicle (December 1)
“California reported a record number of COVID-19 hospitalizations, reaching a somber milestone that shows the virus is more widespread than ever…. Hospitalizations in California have more than doubled in two weeks” and fears are mounting that “facilities could be overwhelmed.”
Tags: California, COVID-19, Facilities, Fears, Hospitalizations, Milestone, Overwhelmed, Somber, Virus
