Facebook wants to create opportunities for women everywhere, both internally and around the world.
This International Women’s Day, the company launched a Community Finder tool as part of its #SheMeansBusiness platform.
“People do better when they are working together,” Maxine Williams, Facebook’s global chief diversity officer, told Cheddar on Thursday.
The aim is for entrepreneurial women who use Facebook for their businesses “to learn from each other, to support each other,” she said.
“I think it’s very easy for people to say, ‘Oh you should connect with people.’ But how do you do it? So we tried to think through what are the actual obstacles that might get in that way,” said Williams.
Community Finder creates filters based on location and interests.
Internally, Facebook “has always invested heavily in doing the analysis to make sure we’re in the right place,” she said.
That includes implementing equal pay for equal work and equal parental leave, amongst other things.
“As we intersect our benefits with our product with our employment practices, we’re hoping that all of that is being a net contributor for goodness in the world.”
For the full interview, [click here](https://cheddar.com/videos/celebrating-international-womens-day-with-facebook).
There were a record 2.6 million weddings in 2022, which is up from 1.9 million in 2021 and 1.3 million in 2020, according to a report from The Knot, a wedding planning agency.
In line with a Biden administration proposal, pharmaceutical giant Eli Lilly is cutting the price of its most commonly prescribed insulins by 70 percent and capping out-of-pocket costs at $35 or less per month.
Demand for mortgage loan applications fell 5.7 percent in the last week of February, according to a survey from the Mortgage Bankers Association (MBA).
A large cross-section of Americans is at risk of falling below the poverty line as the program that provided more than 32 million people with extra SNAP benefits during the pandemic is set to end. Families received at least $95 extra per month to spend on food.
The Black Innovation Alliance is working to empower Black entrepreneurs and recently received a $3 million commitment from UBS to help with resources. Ifeoma Ike, director of policy and movement strategy with the Black Innovation Alliance, joined Cheddar News to explain further the organization's mission.
Shana Sissel, president & CEO of Banrion Capital Management, joined Cheddar News to discuss another down day on the last session of the month in trading as inflation, a restricted monetary policy, and layoffs continue to affect markets.
