A recent study featured in Harvard Business Review explores how more women can get to the top. The feature's author Evelyn Orr of the Korn Ferry Institute explains what interviewing 57 female CEOs unveiled about the gender gap.
"We were shocked to learn that two-thirds of the women we interviewed didn't view themselves as CEO material," says Evelyn Orr VP and COO at the Korn Ferry Institute. Orr explains ways companies can build women in the pipeline for the CEO level. "I think the key for companies is to identify high potential talent early," says Orr.
This week, Tina Smith was sworn in as a junior Senator for Minnesota, replacing Al Franken. This marks a record number of 22 senators. "It is showing slow and steady progress," says Orr. "It's important that we normalize female leadership."
Bank of America will reimburse customers more than $100 million and pay $150 million in fines for “double-dipping” on overdraft fees, withholding reward bonuses on credit cards and opening accounts without customer consent.
Amazon is expected to pull in about $7 billion in revenue during this year's Prime Day, according to projections. Cheddar News took a peek at some of the top-selling items and what operations look like at one of its plants.
Threads could bring in $8 billion in annual revenue, according to analysis, after it reached about 100 million users days after its launch. Cheddar News explains.