This Non-Profit Organized an Auction to Subsidize Loans for 1,000 Women
Perhaps surprisingly, women perform 66 percent of the world's work (both paid and unpaid), yet only earn 10% of the world's income.
Wendy Diamond, Founder of Women's Entrepreneurship Day, joined Cheddar to discuss how her organization empowers women and girls globally to help alleviate poverty.
Goldie Hawn, Bobbi Brown, Sara Bareilles, and more will take the stage to at the United Nations Friday to talk about their entrepreneurship stories.
Diamond hopes this will inspire a network of women leaders, innovators, and entrepreneurs to initiate start-ups, drive economic expansion, and advance communities around the world.
Since this campaign launched in 2013 Women's Entrepreneurship Day has helped fund 500 Syrian refugee girls so they could attend high school and started a partnership with a local university to offer scholarships to the girls in Uruguay.
Nestlé has dismissed its CEO Laurent Freixe after an investigation into an undisclosed relationship with a direct subordinate. The company announced on Monday that the dismissal was effective immediately. An investigation found that Freixe violated Nestlé’s code of conduct. He had been CEO for a year. Philipp Navratil, a longtime Nestlé executive, will replace him. Chairman Paul Bulcke stated that the decision was necessary to uphold the company’s values and governance. Navratil began his career with Nestlé in 2001 and has held various roles, including CEO of Nestlé's Nespresso division since 2024.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
