The theory posits that women – and minorities – are more likely to be hired for leadership jobs when there’s a crisis, which sets them up for failure.
Allison Busemeyer
Wall Street rises ahead of updates on U.S. shoppers
On Tuesday, the government will show how much sales at retailers across the country grew last month.
Microsoft’s $69 billion Activision takeover wins EU approval
The fate of the deal now hinges on the firm winning legal challenges in the U.S. and U.K.
3M fires executive for inappropriate conduct weeks after promotion
Meanwhile, the company is cutting thousands of jobs as part of restructuring actions.
Prosecutor ends probe of FBI’s Trump-Russia investigation with harsh criticism, but no new charges
Still, the findings are likely to amplify scrutiny of the bureau at a time when the former president is again seeking the White House.
Imprisoned Iranian activist will get PEN America’s Freedom to Write Award
Narges Mohammadi will be honored at this week’s literary gala.
Wall Street slips as households get more nervous
Markets react to worries about a possible recession, high inflation and the government inching toward a catastrophic default on its debt.
China orders recall of 1.1 million Teslas
Drivers might step on the accelerator for too long, increasing the risk of a crash.
McDonald’s found liable for hot Chicken McNugget that burned girl
The case is reminiscent of the famous hot coffee lawsuit of the 1990s.
G-7 talks focus on ways to fortify banks, supply chains
But Beijing lashes back, accusing the club of wealthy nations of hypocrisy.