Investing in Her: More Women Putting Money Into Women’s Businesses

From Take the Lead authored by Michele Weldon:

“We are embarking on the “Age of Female Entrepreneurialism” in this country.

That profound optimism is owned by Sallie Krawcheck, CEO and co-founder of Ellevest, a digital investment platform for women, and Ellevate Network, a global professional women’s organization of more than 34,000 members.

Speaking at a recent gathering in New Jersey for this year’s Top 25 Leading Women Entrepreneurs, Krawcheck, who is December’s Virtual Happy Hour guest at Take The Lead December 14, said women have the money, access and knowledge to truly change the nature of investing, innovation and business.”

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Starbucks has closed its pay gap in the US—here are 4 other companies that have done the same

From CNBC authored by Courtney Connley:

“Starbucks has achieved 100 percent equal pay for its U.S. employees of all races and genders and is working “with deliberate speed” to do the same globally, the coffee company announced on Wednesday. It took the company 10 years.

As Starbucks continues to thrive with a workforce that is now compensated more fairly, here are four other companies that say they have also made equal pay a reality.”

 

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The evolution of the office ‘work wife’

From CNN Money authored by Julia Carpenter:

“In today’s world, a work wife is usually thought of as an office buddy. She celebrates your successes and downplays your failures. You cry on her shoulder in the break room.

But “work wife” wasn’t always about friendship.

The term appears in popular use as far back as 1929, when Faith Baldwin’s book “The Office Wife” novelized a traditional concept: that men need wives for work and wives for home.

The Peggy Olsons and Joan Holloways of the “Mad Men” world weren’t supposed to be friends, they were supposed to serve as spousal stand-ins for the Don Drapers and Roger Sterlings.

That didn’t mean they were men’s partners, or even their equals. Instead, they were helpmates, there to solve dry-cleaning crises, schedule meetings or answer calls from the at-home wives.

That slowly started to change as more women entered the workforce in the late 20th century, and female alliances became a necessity for women to survive sexist workplaces or move up the corporate ladder.”

 

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This Political Candidate Breastfeeds in Her Campaign Video, & We Are Here for It

From She Knows authored by Madison Medieros:

“Welcome to 2018, when it’s somehow still more believable for people to eat Tide podsin public than it is for a woman to breastfeed on camera. Thankfully, one woman running for governor in Maryland is on a mission to bring the narrative about breastfeeding into the 21st century.

Krish Vignarajah, who’s also the only woman to throw her proverbial hat into the state’s gubernatorial race, has a message for people in her new ad video: Get used to women and, more specifically, mothers in power, because the time for change is now.

“There are no women in statewide or federal office in Maryland. None,” Vignarajah says in the video as images of her breastfeeding her daughter flash on the screen. ‘This isn’t just about representation; it’s about policy. States with women in government have better schools, better health care, lower incarceration rates. I want all of that for Maryland.'”

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1 in 3 Americans will need to switch careers by 2030—Melinda Gates reveals the No. 1 way to stay employed

From CNBC authored by Ruth Umoh:

“The workforce of the future will look very different from that of today. According to research from McKinsey, nearly one-third of U.S. workers will need to find new jobs by 2030 in response to automation and rapid advancements in technology. However, billionaire philanthropist Melinda Gates says these stats should not be cause for concern.

“To be successful, every single one of us has to learn new skills — not just once, but throughout our careers,” she writes in a recent LinkedInpost.

“Anybody can learn science. Anybody can learn to be a good writer,” Gates says in an accompanying video interview. “It may be harder for some people, but that means you put your shoulder against it and you have some grit and you stick with it.”

Gates acknowledges that emerging sectors such as robotics, machine learning and artificial intelligence are already affecting the types of jobs that are available. In light of this, she says that gaining expertise in new industries will be the deciding factor in your ability to maintain a successful career.”

 

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‘Shark Tank’ star Kevin O’Leary: Women-run businesses make me the most money—here’s why

From CNBC authored by Ali Montag:

“Over the course of his career as an entrepreneur and investor, Kevin O’Leary, star of ABC’s “Shark Tank,” has noticed a trend in his top performing investments: They’re businesses owned or run by women.

“I’ve been investing now for over 10 years on things like ‘Shark Tank’ deals — and other deals that are brought to me because of ‘Shark Tank’ — and the majority of my returns come from the companies run by women,” O’Leary tells CNBC Make It of his portfolio.

“Now this isn’t some kind of academic research, this is real data. This is real money coming back to me,” he adds.”

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Serena Williams Gets Real About How Hard It Is to Return From Maternity Leave—Even for a Superstar

From Vogue authored by Michelle Ruiz:

“Returning to work after maternity leave can be an extremely trying time for mere mortal women (for those who are even lucky enough to get the time off, anyway). But this particular difficulty evidently extends to sports legends and goddesses like Serena Williams as well. After a 13-month break from tennis during her pregnancy and after giving birth to her daughter, Alexis Olympia, this past September, Williams lost in the first round of the Miami Open this week to 20-year-old up-and-comer Naomi Osaka. It was widely noted that it was the record 23-time Grand Slam singles champion’s earliest-ever elimination from the tournament. (The loss also came on the heels of a recent defeat at the BNP Paribas Open—to her sister Venus.)

Williams skipped the usually mandatory post-match press conference and released a statement instead: “Every tournament is an opportunity for me to better understand the areas I need to improve to be my best,” she said. “Naomi played a great match and I learn something each time I play,” the statement continued, “I look forward to continuing my return by progressing every day. I’m so grateful for my fans who continue to support me every step of this incredible journey.” But Williams got a bit more candid on Instagram today, giving a glimpse into the struggle she’s facing to return to tennis after becoming a mother.”

 

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Linda Brown, Who Was At Center Of Brown v. Board Of Education, Dies

From NPR authored by Vanessa Romo:

“Linda Brown, who as a schoolgirl was at the center of the landmark U.S. Supreme Court case that rejected racial segregation in American schools, died in Topeka, Kan., Sunday afternoon. She was 76.

Her sister, Cheryl Brown Henderson, confirmed the death to The Topeka Capital-Journal.

The 1954 U.S. Supreme Court case, Brown v. Board of Education, involved several families, all trying to dismantle decades of federal education laws that condoned segregated schools for black and white students. But it began with Brown’s father Oliver, who tried to enroll her at the Sumner School, an all-white elementary school in Topeka just a few blocks from the Browns’ home.

The school board prohibited the child from enrolling and Brown, an assistant pastor at St. John African Methodist Episcopal Church, was angry that his daughter had to be shuttled miles away to go to school. He partnered with the NAACP and a dozen other plaintiffs to file a lawsuit against the Topeka Board of Education.”

 

 

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Moms Are Still Earning Less Than Women Without Kids, New Study Finds, & It’s A Huge Problem

From Romper authored by Sophie Hirsh:

“The gender wage gap is much more nuanced than it seems. According to a new study, there is such a thing as a “motherhood penalty” in the United States when it comes to equal pay. Based on years of research, authors concluded that moms have consistently earned less money than women without kids, from the mid-1980s through 2014.

The study was authored by Eunjung Jee and Joya Misra of the University of Massachusetts, Amherst, and Marta Murray-Close, a research economist for the U.S. Census Bureau, and it was published by the Washington Center for Equitable Growth. The group examined the wage gap between mothers and women without children over three periods of time: 1986-1995, 1996-2004, and 2006-2014. They discovered that during each of the time periods, the motherhood penalty was consistent. Interestingly, the pay penalty may have gotten worse over time for moms with just one child; however, the gap between childless women and moms with two or more children has actually narrowed.

As the study explained: ‘While the gross gap in pay between childless women and mothers of two or more children has narrowed, it has only done so because mothers’ have increased their investments in human capital, such as education and workforce experience.'”

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How to get more women in the boardroom, according to experts who examined 11 years of data about gender equality at US companies

From Business Insider authored by Yannick Thams, Bari Bendell, and Siri Terjesen:

  • In 2015 women held just 16.6% of seats in American corporate boardrooms, even though they make up 56.7%  of the labor-force.
  • In most states companies have at least one woman in the boardroom, however few companies have more than three women on their boards — a quantity considered as ‘critical mass.’
  • Companies headquartered in states with protective policies for women were more inclined to have an increased share of female directors on their boards.

“Women’s participation in the labor force has soared over the past 50 years, rising from 32% in 1948 to 56.7% as of January.

Yet those gains have not translated into the U.S. corporate boardroom, where women held just 16.6% of seats in 2015, according to a Credit Suisse analysis of the world’s largest 3,400 or so companies. That’s up a little from the 12.7% five years earlier but still disappointingly low.”

 

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