As it sought to launch an effort to advance women in the company, American Express began by asking senior employees if they considered themselves ambitious and if they had ever publicly shared their desire to grow professionally.
"Unsurprisingly, our women told us 'yes, we're ambitious,' but what really surprised us is only a third of that group of women said they had ever publicly declared that ambition," Sonia Cargan, chief inclusion and diversity officer at American Express told Cheddar on Friday.
Internally, two years after asking those questions, more than 100 women have been promoted or entered the company at the executive level or above. Globally, women at the company are paid at parity to male counterparts, according to the company.
Now, Amex and the New York Women's Foundation will launch a joint program called "The Ambition Project" on International Women's Day March 8.
Part of the project’s goal is to create conversations both inside and outside the company to help women embrace and own their career goals.
"We want women to be ambitious for themselves and ambitious for others, whether that be for their professional life, personal life, or their communities," Cargan said.
Over the next year, the Ambition Project will share and spread blog posts and videos highlighting examples of success at all levels, host leaders and influencers to discuss professional growth, expand shadowing programs within the company, and publish research on the topic.
About nine million people with student loans missed their first payment after the recent pandemic pause, according to data.
Spending this holiday season is set to significantly rise, according to an economic survey from CNBC.
Google settled an antitrust lawsuit, Tesla is reportedly raising pay, a group is suing Utah over its social media policies for kids and the founder of Nikola was sentenced to prison.
The White House is lending its support to an auto industry effort to standardize Tesla’s electric vehicle charging plugs for all EVs in the United States.
Some of America’s biggest retailers are working to increase their shipping speeds to please shoppers expecting faster and faster deliveries.
A group representing several big tech companies is suing Utah over state laws about children's social media use.
Google has agreed to pay $700 million to settle an anti-trust settlement.
Stocks were up after the closing bell as Wall Street continued to pin their hopes on rate cuts after last week's comments from the Fed.
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Google has agreed to pay $700 million and make several other concessions to settle allegations that it had been stifling competition against its Android app store — the same issue that went to trial in another case that could result in even bigger changes.
