Oct 6, 2017

Firm behind "Fearless Girl" statue paid millions to settle gender dispute

The "Fearless Girl" statue stands across from Wall Street's "Charging Bull" statue in NYC. Photo: Bebeto Matthews / AP

The Boston-based asset management firm behind Wall Street's famous "Fearless Girl" statue has agreed to pay $5 million to more than 300 women to settle gender discrimination disputes, per Bloomberg. The charges alleged the firm has been paying hundreds of its female executives less than their male colleagues since at least December 2010. Despite settling, the company has denied the claims and maintains that it is "committed to equal pay practices."

Why it matters: The statue of a little girl defiantly staring down Wall Street's Charging Bull statue was installed earlier this year, and has since become a symbol of female empowerment. The plaque below her reads: "Know the power of women in leadership. SHE makes a difference."

Go deeper

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 11 p.m. ET: 5,309,568 — Total deaths: 342,097 — Total recoveries — 2,112,185Map.
  2. U.S.: Total confirmed cases as of 11 p.m. ET: 1,622,612 — Total deaths: 97,087 — Total recoveries: 361,239 — Total tested: 13,784,786Map.
  3. Public health: FDA blocks U.S. sale of 29 coronavirus antibody tests Report finds "little evidence" coronavirus under control in most states Muslim health workers balance Ramadan fasting — Hurricanes, wildfires, the flu could strain COVID-19 response
  4. States: Former Florida health dept. employee says official asked her to manipulate coronavirus dataDaily deaths in New York drop under 100 for the first time since March.
  5. Business: Small business outlook is slowly improving, but the pandemic hits minority-owned small businesses harder.
  6. World: Health officials report first death in Gaza stripCoronavirus testing is virtually nonexistent in some poor countries.
  7. 1 🏀 thing: NBA in early talks to restart season at Disney World.
  8. What should I do? Hydroxychloroquine questions answeredTraveling, asthma, dishes, disinfectants and being contagiousMasks, lending books and self-isolatingExercise, laundry, what counts as soap — Pets, moving and personal healthAnswers about the virus from Axios expertsWhat to know about social distancingHow to minimize your risk.
  9. Other resources: CDC on how to avoid the virus, what to do if you get it, the right mask to wear.

Subscribe to Mike Allen's Axios AM to follow our coronavirus coverage each morning from your inbox.

Updated 14 mins ago - Politics & Policy

New York Times front page lists 1,000 Covid-19 victims' names as death toll nears 100,000

The front page of this Sunday's New York Times newspaper features the names of 1,000 people who have died of COVID-19 in the United States.

The big picture "They were not simply names on a list. They were us," the paper states. "Numbers alone cannot possibly measure the impact of the coronavirus in America, whether it is the number of patients treated, jobs interrupted or lives cut short. As the country nears a grim milestone of 100,000 deaths attributed to the virus, the New York Times sourced obituaries and death notices of the victims." Over 97,000 people have died of the coronavirus in the U.S. as of Saturday night, per Johns Hopkins.

26 mins ago - Health

World coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

New Zealand now has only 27 active novel coronavirus cases after reporting another day of zero new infections, a Health Ministry spokesperson confirmed to Axios.

Zoom in: NZ eased some of the world's toughest lockdown measures this month after reporting days of single-digit or zero cases, and that trend has continued, with only one new infection in the past six days. Restrictions on large gatherings and the border remain.