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 Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street. This week we look at the debt deal, Amazon, Nvidia and C3.ai.
Bobbi Rebell, financial expert and author of Launching Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart, gives some tips on how to negotiate your bills to save serious money.
JPMorgan said it plans to close 21 around 25 percent of First Republic's branch location by the end of the year. The financial giant purchased the regional bank after it effectively collapsed amid an ongoing crisis in the banking sector.
Airbnb sued New York City on Thursday over an ordinance that the company says imposes arbitrary restrictions that would greatly reduce the local supply of short-term rentals.
