#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.
President Donald Trump said he has decided to lower his combined tariff rates on imports of Chinese goods to 47% after talks with Chinese leader Xi Jinping on curbing fentanyl trafficking.
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
Chris Williamson, Chief Business Economist at S&P Global, breaks down September’s CPI print and inflation trends, explaining what it means for markets.