1. Articles from fortune.com

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    1. Inside The Walmart Board Room When They Finally Raised Wages—And How Wall Street Rebelled

      Inside The Walmart Board Room When They Finally Raised Wages—And How Wall Street Rebelled

      On February 6, 2015, Walmart’s board of directors met in San Bruno, California. Doug McMillon, who’d become CEO the year before; Greg Foran, the head of U.S. operations; Chief Financial Officer Charles Holley; and Susan Chambers, the chief human resources officer, were finally ready to recommend an increase in the company’s minimum wage...

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    2. How one board is hoping to evolve the United States farm bill in 2023

      How one board is hoping to evolve the United States farm bill in 2023

      During the height of the pandemic in 2020, Netflix debuted Kiss the Ground. This documentary sheds light on regenerative agriculture, a practice that combines indigenous knowledge, holistic management, and science to rebuild healthy soil and landscape function. It’s an “aha” moment type of film that converts “I had no clue” into action. Sometimes that action is as simple as putting kitchen scraps in a green bin...

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    3. Tesla’s Elon Musk Faces Trial, Again—This Time Over His $56 Billion Paycheck That’s the ‘Largest in Human History’

      Tesla’s Elon Musk Faces Trial, Again—This Time Over His $56 Billion Paycheck That’s the ‘Largest in Human History’

      Elon Musk’s takeover of Twitter is already off to a rocky start, and his decision to bring in Tesla employees could come back to haunt him. The multitasking CEO faces yet another trial before the very Delaware judge who forced him to honor his contract with Twitter’s board to purchase the social media company. This time, however, it’s about something much more personal: his own pay...

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    4. Celebrities On Boards: More Than Notable Names?

      Celebrities On Boards: More Than Notable Names?

      Actor and producer Zac Efron is known for his work on television and in film, but as of July of this year, he has added another title to his résumé: member of a board of directors. The Emmy Award winner joined the board of directors for Kodiak, a food company known for its breakfast products like flapjack and waffle mix. It’s Efron’s first time serving on a board of directors, but he is no stranger to the company...

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    5. What America’s Top CEOs are Worried About as They Look Ahead to 2023

      What America’s Top CEOs are Worried About as They Look Ahead to 2023

      Last year, the word “recession” did not appear anywhere in KPMG’s U.S. CEO Outlook report, and “inflation” was mentioned only once.  The 2022 report tells a completely different story. A majority of surveyed CEOs, 91%, anticipate a recession, with only one-third believing it will be short and mild. At the same time, nearly three-quarters of chief executives worry that rising inflation and living costs will affect their ability to retain talent...

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    6. Elon Musk Could Lose His Twitter Case in Delaware. But What Happens if He Refuses to Pay Up?

      Elon Musk Could Lose His Twitter Case in Delaware. But What Happens if He Refuses to Pay Up?

      Twitter wants a Delaware court to order Elon Musk to buy the social media service for $44 billion, as he promised back in April. But what if a judge makes that ruling and Musk balks? The Tesla billionaire’s reputation for dismissing government pronouncements has some worried that he might flout an unfavorable ruling of the Delaware Court of Chancery, known for its handling of high-profile business disputes...

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    7. Women Hold a Record Number of Corporate Board Seats. It's Barely Over 25%.

      Women Hold a Record Number of Corporate Board Seats. It's Barely Over 25%.

      NEW YORK (AP) — U.S. companies have added women to their boards of director at a slower pace this year compared with last year as the pandemic and a difficult economy shift priorities, according to a new report released Thursday.Women have continued to make gains, now holding a record 28% of board seats on the Russell 3000 index of publicly traded companies, according to an annual report by the advocacy organization 50/50 Women on Boards, which used data from executive data firm Equilar.That’s a 2.4% jump from the 25.6% of seats held by women ...

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    8. The Modern Board: How Boards Can Close the Climate Change Gap

      The Modern Board: How Boards Can Close the Climate Change Gap

      If U.S. corporate boards weren’t taking climate change seriously, the Securities and Exchange Commission recently prodded them to act. In a proposed rule change this past March, the SEC called for public companies to make mandatory climate-related disclosures to investors. That information includes climate risks with a reasonable chance of materially affecting their business, as well as greenhouse gas emissions. The SEC expects to finalize its new rule this fall...

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    9. How Boards Should Prepare for the DOJ’s Corporate Crime Crackdown

      How Boards Should Prepare for the DOJ’s Corporate Crime Crackdown

      Last week, U.S. Deputy Attorney General Lisa Monaco outlined the Department of Justice’s plan to increase the number of corporate criminals it prosecutes.A few high-profile examples of successful white-collar indictments notwithstanding, the government has hauled fewer companies to court over the past decade, Monaco said...

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    10. How to Retain Your C-suite when the CEO Leaves (Hint: Bonuses aren't enough)

      How to Retain Your C-suite when the CEO Leaves (Hint: Bonuses aren't enough)

      Kewsong Lee’s unexpected resignation last month as the CEO of the private equity giant Carlyle Group understandably captured Wall Street’s attention. Departures from a company with that level of clout typically do not happen abruptly.Less surprising was the announcement just days later that the company’s global head of investor relations, Nathan Urquhart, would leave at the end of the year to join hedge fund Coatue Management...

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    11. Patagonia Chair: ‘We Are Turning Capitalism on its Head by Making the Earth Our Only Shareholder’

      Patagonia Chair: ‘We Are Turning Capitalism on its Head by Making the Earth Our Only Shareholder’

      For 50 years there has been an impassioned debate about the appropriate aims and responsibilities of companies. Some side with Milton Friedman’s influential viewpoint, asserting that the only responsibility of business is to generate profits for shareholders. Others believe companies have broader responsibilities to society and the environment. Lately, even state legislatures have weighed in, proposing to ban financial managers who take ESG criteria into account. But while the battle of words continues, investors, customers, employees, and the public have moved forward...

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    12. How the Women On Boards Project is Shaking up Early-Stage Consumer Companies

      How the Women On Boards Project is Shaking up Early-Stage Consumer Companies

      A nonprofit linking executive women with startup firms in need of new board members has announced its latest appointment. Megha Tolia, CEO and president of Shondaland, is now a new member of the board of directors for The Good Patch , a wearable wellness brand. Tolia’s appointment was made possible through a group called the Women on Boards Project . Tolia talks with Fortune about how her career led her to be uniquely qualified for the role...

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