#TimesUp Is Making Progress, But Women Still Face An Uphill Battle In Business
#TimesUp has officially kicked the year off with a focus on women and gender inequity in Hollywood. Many of the headlines have focused on the entertainment industry, but where do women in business stand?
Milena Berry, Co-Founder of PowerToFly, and Dr. Patti Fletcher, Author of "Disrupters: Success Strategies From Women Who Break The Mold," look at the progress being made on gender inequity and what still needs to be done. While business leaders identify inclusion and diversity as problems, Berry and Fletcher say that they aren't taking enough action.
In some cases, Fletcher says companies are convinced that they've solved the problem already, even when that's not the case. Berry points to issues within the tech industry around company culture and hiring. She says many women aren't hired because they are not so-called "culture fits," and that's because the culture itself is the problem.
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
