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The Netflix film earned 10 nods on Monday, and for the first time, two women were recognized for directing: Emerald Fennell and Zhao, the first woman of color in the category. ....
By Nicole Sperling March 11, 2021 By ignoring the systemic racial inequities that plague the film and television business, Hollywood is leaving $10 billion annually on the table. That is one of the main findings in a new report from the management consulting firm McKinsey & Company, which for the first time turned its attention to the lack of Black representation in Hollywood. My 2016 calculations show that since 1985 blacks get acting Oscar nominations in almost exact proportion to their share of the Anglosphere’s population. In contrast, Asians are under-represented in Hollywood and mestizo Latinos are virtually ignored (outside of Mexican film directors). “In the same way that collective action is needed to advance racial equity in corporate American, real and lasting change in film and TV will require concerted action and the joint commitment of stakeholders across the industry ecosystem,” said the study’s authors, Jonathan Dunn, Sheldon Lyn, Nony Ony ....
S&P 500 Hits Record as Optimism About Economy Rises Last Updated This briefing has ended. Follow our latest coverage of By: Ella Koeze·Data delayed at least 15 minutes·Source: FactSet Wall Street’s rally stretched into a third day on Thursday, with the S&P 500 reaching a record high, as investors stopped worrying about inflation and rising interest rates and focused instead on what looks to be an increasingly peppy economic recovery. The S&P 500 rose 1 percent, climbing above its Feb. 12 closing high, while the technology-heavy Nasdaq composite jumped more than 2.5 percent, amid encouraging updates on the rollout of vaccines and reopening of the economy. ....
The board of stockbroking firm Davy is expected to examine whether other cases of wrongdoing occurred at the brokerage, as it starts a review of Central Bank findings that it had breached market rules on conflicts of interest. Joe Brennan reports that Davy has also promised it will take âappropriate actionâ at the end of the review. Along with Jack Horgan-Jones, Joe also reports that the review will be led by Davyâs four non-executive directors, while the Oireachtas finance committee is separately to ask Davy for an explanation of the events that led to it being hit with the â¬4.1 million fine. ....