Business

Goldman's baby step in the right direction on board diversity

Illustration: Aïda Amer/Axios

Goldman Sachs announced Thursday that it won't help take European and North American companies public unless they have at least one "diverse" board director, effective July 1.

The big picture: In general, this is a positive development. Board diversity has been shown to improve company performance, per numerous academic studies, and far too many issuers continue to rely on bogus "pipeline" or meritocracy excuses for their boardroom homogeny.

Uber's new London move with Nissan on electric vehicles

Laminated folder with the Uber logo on it
Photo: Smith Collection/Gado/Getty Images

Uber announced Friday a deal with Nissan to provide up to 2,000 electric Nissan LEAFs to drivers in London at a discount.

The big picture: Electrifying vehicles used by mobility services is important for keeping emissions from ride-hailing in check as it grows.