Google’s diversity crisis; CEOs aren’t talking about Trump; Brexit Britain doesn’t have enough workers

Profitable Moment   Voltaire & Google "I may disagree with what you have to say, but I shall defend to the death your right to say it." Clearly, Voltaire doesn't run Google. If he did, the engineer at Google who wrote the anti-diversity memo wouldn't be out of a job and the French philosopher's creed would have remained true.   Obviously, I disagree strongly with the thrust of the offending document, especially as it relates to biological fitness to do certain jobs in the computer industry. There are many reasons why women are underrepresented in computer coding jobs, but biological propensity isn't one of them. The views expressed by the Google engineer are offensive and counterproductive. But they are his views, and he probably holds them sincerely. And he obviously has a gripe about what he sees as the liberal bias at Google.  This story isn't over. But it's imperative that tech and the broader business world have these hard talks. Voltaire fights another day.    -Richard.Quest@cnn.com  What's new... what's next   By Matt Egan, Patrick Gillespie, Julia Horowitz and Paul R. La Monica of CNNMoney 1. Google CEO wades into fight over memo Sundar Pichai, Google's top executive, cut his family vacation short to address a controversial memo from a Google engineer that claimed women were underrepresented in tech due to biological differences and went viral among staffers over the weekend. Pichai condemned parts of the memo as "offensive" and a violation of the company's Code of Conduct. The employee who wrote the memo has since been fired. 2. Many Americans can't feel the market boom The roaring stock market rally that President Trump loves to brag about has left half the country behind. Only 54% of Americans have money directly or indirectly invested in the market. That's down from just before the 2008 financial crisis, meaning many have sat out the bull market. Just 21% of people with household income of $30,000 or less own stocks. Younger people also have less market exposure, likely reflecting lingering scars from 2008. 3. Brexit Britain doesn't have enough workers Britain is running out of workers. Employers have plenty of jobs to fill but potential hires are in short supply, a new report shows. The number of open permanent jobs grew at the fastest rate in 27 months in July. Meanwhile, the availability of both permanent and temporary workers fell sharply. That's a trend that could accelerate ahead of Britain's departure from the European Union in March 2019.  4. Corporate America isn't talking about Trump President who? The executives of leading U.S. companies aren't too concerned about politics. Trump was mentioned only 44 times by executives at the 374 firms in the S&P 500 that held second quarter conference calls through August 2. During the first few weeks of 2017, there were 181 references to Trump out of 371 calls by S&P 500 companies. CEOs and CFOs seem more focused now on the fact that the economy is still healthy despite D.C. dysfunction. 5. Quick Takes: Trump brand applies for Macau gambling trademarks  Australia's top bank sued over climate change risks  Women in the Fortune 500: 62 CEOs in half a century  Volkswagen offers Germans mega bucks to scrap diesel  China will get 2,000 more McDonald's restaurants  6. What's next: China inflation report: How much are consumer prices rising in the world's most populous country? We'll find out Tuesday night. In June, consumer prices rose 1.5% compared to 2016. Earnings: There are two companies to monitor Wednesday. Mylan, the drug company that manufacturers the Epipen, will post its second quarter results before the bell. 21st Century Fox, currently working to acquire Sky News, will post its fourth quarter results after the bell. Make this newsletter better. Please send us your feedback to CNNMoneyfeedback@turner.com Share Tweet Forward Sign up for CNN Money's morning markets newsletter: Before the Bell Sign up for CNN Money's closing markets newsletter: Markets Now Copyright © 2017 Cable News Network, LP, LLLP. A Time Warner Company. All Rights Reserved., All rights reserved. You're receiving this newsletter because you opted in at cnn.com or cnnmoney.com. Our mailing address is: Cable News Network, LP, LLLP. A Time Warner Company. All Rights Reserved. One CNN Center Atlanta, GA 30303 Add us to your address book unsubscribe from this list    update subscription preferences