High Court Anxiety
Business cheered when the U.S. Supreme Court blessed affirmative action in the landmark Grutter v. Bollinger decision on June 23. Citing legal briefs signed by more than 30 companies, including General Motors (GM ), Microsoft (MSFT ), KPMG International, Bank One (ONE ), Eli Lilly (LLY ), and Procter & Gamble (PG ), Justice Sandra Day O'Connor based her ruling, in part, on the value of ethnic diversity in the workplace. "American businesses have made clear that the skills needed in today's increasingly global marketplace can only be developed through exposure to widely diverse people, cultures, ideas, and viewpoints," she wrote on behalf of a narrow 5-4 majority.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Billionaire Tom Barrack Throws Harvey Weinstein a Lifeline
- Everything Is Crazy and the Markets Aren’t Freaking Out
- Facebook Is Looking for Employees With National Security Clearances
- London House Prices Fall Most Since Financial Crisis
- Kushners’ Control of Family’s NYC Crown Jewel Is Now in Jeopardy