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."
The Federal Trade Commission has sued to block Microsoft from completing its deal to buy video game company Activision Blizzard, the latest antitrust challenge to the proposed merger but one that could hasten its conclusion.
Child care costs have risen dramatically, especially since the pandemic. Dawn Allcot, parenting expert with Money Crashers, joined Cheddar News to provide tips for parents on how they can save on child care expenses.
Kristina Hooper, chief global market strategist with Invesco, joined Cheddar News to discuss a new week in trading as stocks closed near session highs, as the S&P and Nasdaq traded at their highest since April last year.