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Carlyle also sees an opportunity to take advantage of sports' greater openness to institutional capital as teams get more expensive. Advertisement"Post-COVID, no content is more important than sports content," Fund said. Successfully running a team isn't as easy as investing in oneCarlyle sees openings for outside investors in teams as their valuations soar. "As teams become more expensive, you're running out of people to buy controlling stakes in teams," Fund said. Key to the Reign deal, for example, was having the Sounders, with its deep market knowledge, as a day-to-day operator.
Persons: , Carlyle, Ben Fund, Alex Popov, cochair David Rubenstein, We've, We're Organizations: Service, National, Soccer, Seattle, FC, Seattle Sounders, Business, Fund, Baltimore Orioles, NFL, Sounders
One of them is Jay Marine, who oversees Amazon's sports business as VP of Prime Video and global head of sports. Chris Graythen/Getty ImagesMarine's next move could be for the NBA, which Amazon craves for its young, global fan base. Advertisement"For us, everything starts with Prime," Marine told CNBC in a rare interview last fall. AdvertisementApart from its big bet on "TNF," Amazon's sports moves have been largely incremental. The deal lets Diamond continue airing local NBA broadcasts, which makes it more likely Amazon will bid for national NBA rights, analyst Ben Thompson of Stratechery wrote.
Persons: , Jeff Bezos, Jay Marine, Bezos, Andy Jassy, Chris Webber, Tyrone Wheatley, scrappy, Chris Graythen, Ben Thompson, Stratechery, Marine, Patrick Crakes, it's, Marie Donoghue, Mike Hopkins, Amazon's, John Kosner, Donoghue, Kantar, signups, He's Organizations: Service, Marine, Business, US, Premier League soccer, Industry, The, Sports, WBD, NASCAR, NBC, NBA, Amazon, Disney, Warner Bros, Discovery, Apple, Netflix, CNBC, Amazon MGM Studios, Premier Boxing Champions, Diamond Sports, Diamond, Premier League, WNBA, National Women's Soccer League . Media, ESPN, DraftKings, Warner Bros . Locations: London, The New Jersey, Amazon
For Evan Gershkovich, the dozen appearances in Moscow's courts over the past year have fallen into a pattern. Guards take the American journalist from the notorious Lefortovo Prison in a van for the short drive to the courthouse. The periodic court hearings give Gershkovich’s family, friends and U.S. officials a glimpse of him, and for the 32-year-old journalist, it’s a break from his otherwise largely monotonous prison routine. Friends and family say Gershkovich is relying on his sense of humor to get through the days. Every day, Milman said, “I wake up and look at the clock.”“I think about if his lunchtime has passed, and his bedtime," she said.
Persons: Evan Gershkovich, He’s, Gershkovich, it’s, “ It’s, , Ella Milman, Milman, Nicholas Daniloff, Emma Tucker, ” Milman, Evan, Francesca Ebel, Josef Stalin's, he’s, Polina Ivanova, He's, Pjotr Sauer, ” Sauer, Mikhail Gershkovich, doesn't, , Biden, Lynne Tracy, Gershkovich “, Vladimir Putin, Vadim Krasikov, ” Ebel, Journal's Tucker, I’m, Tracy Organizations: Wall, Journal, Federal Security Service, U.S, Associated Press, Russian Foreign Ministry, Moscow Times, Washington Post, Financial Times, Arsenal, British, Guardian, West Locations: Lefortovo, Yekaterinburg, Washington, Russia, Ukraine, , New Jersey, Moscow, Russian, Germany, Berlin, Georgian
watch now"For mothers, employment and earnings conditional on being employed fall sharply around the time of birth for women, and, more ominously, may remain permanently lower well after childbirth," the authors of the PNAS study wrote. There is a dynamic that perpetuates itself, according to Jasmine Tucker, vice president of research at the National Women's Law Center. Alternatively, fathers who work full time experience a wage "bonus" when they have children, according to a separate report by the British trade union association TUC. "The gender imbalance in time spent on caregiving persists, even in marriages where wives are the breadwinners." In fact, the motherhood penalty is even greater in "female-breadwinner" families, the PNAS study also found, where higher-earning women experience a 60% drop from their pre-childbirth earnings relative to their male partners.
Persons: Jasmine Tucker, Tucker, Richard Fry Organizations: National Women's Law, TUC, Fathers, Pew Research Center, Pew, CNBC Locations: British
From Caitlin Clark fever in Iowa to a packed house of 92,000 fans for women's volleyball in Nebraska, women's sports have never been more at the forefront. Last year saw record media deals for women's sports as the NCAA and NWSL both inked groundbreaking agreements. David Dow | Getty ImagesCathy Engelbert, commissioner of the Women's National Basketball Association: One of the obstacles is the undervaluation of our assets. Jayna Hefford, senior vice president of operations for the Professional Women's Hockey League: Women's sports still struggle to secure prime broadcast windows, consistent airtime and traditional media coverage. Steven Ferdman | Getty ImagesAmy Howe, FanDuel CEO: Women's sports need to continue to position their star athletes (i.e.
Persons: Caitlin Clark, Matthew Holst, there's, Renie Anderson, Jessica Berman, Jesse Grant, CNBC Jessica Berman, Cathy Engelbert, Breanna Stewart, David Dow, Jessica Gelman, John Lamparski, KAGR, Caitlin Clark's, Jayna Hefford, Haley Rosen, Mollie Marcoux Samaan, Michael Reaves, LPGA we've, Katrina Adams, Louis Armstrong, USTA Billie Jean King, Steven Ryan, Sabrina Ionescu, Coco Gauff, , Berman, Pamela Duckworth, Engelbert, Magic Johnson, Larry Bird, Michael Jordan, Amy Howe, Steven Ferdman, FanDuel, Ionescu, A'ja Wilson, Rosen, Adams, they've, Renie, Anderson, I'm, influencers, Duckworth, Angel Reese, Billie Jean King, Jayna, Mark Blinch Organizations: Iowa Hawkeyes, NCAA, Michigan Wolverines, Carver, Getty, women's, Deloitte, CNBC, NFL, National Women's Soccer League, National Women's Soccer, WNBA, New York Liberty, Kia, Connecticut Sun, National Basketball Association, Business, New York Marriott Marquis Hotel, MIT Sloan Sports Analytics, MIT Sloan Sports Analytics Conference, Sports, Professional Women's Hockey, Association, Tiburon Golf Club, Professional, LPGA, USTA, Louis, USTA Billie, USTA Billie Jean King National Tennis Center, United States Tennis Association, Women's Tennis, Fubo Studios, FuboTV, NBA, Nike, Wall, Spring Studios, Renie Anderson NFL, Toronto, New York, Mattamy Athletic Centre Locations: Iowa City , Iowa, Iowa, Nebraska, Brooklyn , New York, New, New York City, Naples , Florida, NY, Toronto , Ontario, Canada
(AP) — Vanessa DiBernardo scored the first goal for Kansas City in its new stadium and the Current held off the Portland Thorns 5-4 on Saturday in the regular-season opener for the National Women's Soccer League. Rookie Ellie Wheeler scored moments later and the Current built a 3-1 lead by halftime. It was the first game at CPKC Stadium, which the team says is the first U.S. stadium built expressly for women’s pro soccer. Andonovski also coached two seasons with the Reign before taking over the U.S. national team. Brittany and Patrick Mahomes, part of the Current's ownership group, kicked off the game with a “K.C., baby!” chant.
Persons: — Vanessa DiBernardo, Shelby Hogan, DiBernardo, Ellie Wheeler, Bia Zaneratto, Kristen Hamilton, Alex Pfeiffer, Sophia Smith, Janine Beckie, Smith, Hamilton, Pfeiffer, Beckie's, Vlatko Andonovski, Andonovski, Patrick Mahomes, ___ Organizations: KANSAS CITY, Kansas City, Portland Thorns, National Women's Soccer League, ABC, ESPN, CBS Sports, Amazon Prime, Scripps Sports, Portland, U.S, FC Kansas City, U.S . Locations: KANSAS, Mo, U.S, Missouri, Brazil, Brittany
In the "Barbie" movie, the narrator says, "Barbie has a great day every day." As women's participation in the labor force has increased over the years, the group continues to face hurdles along the way. "We have the tightest labor market for women in the past 20-something years," Bustamante said. "As the labor market gets tighter and tighter and tighter, women's employment rises faster than men's," Pollak said. "To think of just the scale of construction employment and women are still such a marginal piece of that sector," he said.
Persons: Margot Robbie, Barbie, Julia Pollak, R, Bustamante, Pollak, " Pollak Organizations: Mattel, Warner Bros, U.S . Bureau of Labor Statistics, Roosevelt Institute, Census, National Women's Law, Warner Brothers Pictures Locations: New York, U.S
Based on today's wage gap, a woman just starting out will lose $399,600 over a 40-year career, according to the National Women's Law Center. The pay gap worsens significantly for Black and Latina women. For Black women, the lifetime wage gap adds up to $884,800, and for Latina women, the losses total $1,218,000, the nonprofit advocacy group found. Why the gender pay gap persistsThere is no single explanation for why progress toward narrowing the pay gap has mostly stalled, according to a separate report by the Pew Research Center. What it takes to achieve progressNo "one thing" is going to close the wage gap, Tucker said.
Persons: Jasmine Tucker, Tucker, Ofronama Biu, Biu Organizations: Census, National Women's Law, National Women's, Center's, Black, Latina, Pew Research Center, Urban Institute, Employers
Jessica Berman, commissioner of the National Women’s Soccer League, speaks during a panel on women's professional soccer at the Hilton Anatole in Dallas on Feb. 10, 2024. In 2019, Berman became the first female deputy commissioner of a men's professional sports league, joining the National Lacrosse League. Taking the fieldBerman took the helm at the women's soccer league after allegations were made of emotional abuse and sexual misconduct across several teams. She also brought the first-ever million-dollar prize pool to U.S. women's soccer. She's also lured big-name investors, selling them on her new vision for professional women's soccer.
Persons: Jessica Berman, Omar Vega, Berman, Gary Bettman, Sally Yates, Yates, She's, lister Natalie Portman, Serena Williams, Naomi Osaka, Patrick Mahomes, Eli Manning, Kevin Durant, Carli Lloyd, Sofia Huerta, Delanie Sheehan, Ben Nichols, Sportico Organizations: National Women’s Soccer League, Hilton Anatole, Getty, New, National Women's Soccer League, CNBC, National Hockey League, NHL, National Lacrosse League, U.S, Chicago Red Stars, Portland Thorns, Hollywood, Seattle, NY Gotham FC, Women's Soccer League, Snapdragon, Amazon, Angel City FC Locations: Dallas, New York City, NJ, San Diego, Angeles
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA Google engineer who publicly protested a talk by the head of Google Israel is now out of a job. Google did not immediately return Business a request for comment from Business Insider on Saturday. Google workers have previously voiced their concerns over fears that Israel could use the contract to support its military. Google workers also flooded the company's employee message board with comments about Project Nimbus on Thursday, CNBC reported.
Persons: , Barak Regev, Regev, Ariel Koren, Sundar Pichai, Axel Springer Organizations: Service, Google, Business, CNBC, Tech, Nimbus, YouTube, Austin City Council Locations: New York City, Israel, Google's, York
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewInternational Women's Day on March 8 is a big deal in Russia. It's observed as a national holiday, on which workers get the day off work, TV stations highlight the achievements of Russian women, and Russian President Vladimir Putin makes an address. In this year's speech, Putin had a clear message about what a Russian woman's purpose in life should be: having kids. AdvertisementPutin said becoming a mother was an "amazing purpose for a woman," according to a translation by The Moscow Times.
Persons: , It's, Vladimir Putin, Putin Organizations: Service, Business, Moscow Times, Reuters Locations: Russia, Ukraine
Ahead of an International Women's Day Summit in Silicon Valley on Thursday, Google's employee message board was hit with an influx of staffer comments about the company's military contracts with Israel. The event on Monday in New York featured an address from Barak Regev, managing director of Google Israel. A Google spokesperson said the employee was fired for "interfering with an official company-sponsored event" in an email to CNBC on Thursday. Unfortunately, before the event a series of off-topic and divisive questions and comments were posted to internal forums. WATCH: Google vs. Google
Persons: , Sundar Pichai, Barak Regev, Regev, Boycotters, Dory, Gemini, Mai Ubeid, Ubeid, didn't Organizations: Google, CNBC, Israel, Defense Department, Amazon Web Services, Hamas, Palestinian enclave's Health Ministry, Tech, Google Israel, Starbucks, Workers United Locations: New York, Israel, Gaza, Silicon Valley, U.S, France
CNN —Actress Helen Mirren has said she is “blown away” by a new Barbie created in her likeness. The glamorous doll, complete with its own Academy Award, is one of a series of eight launched by toymaker Mattel to mark International Women’s Day on Friday. Mirren, the 78-year-old star who narrated last year’s hit “Barbie” movie, said she regards the creation of the doll as a “huge compliment.”The new dolls were created to mark International Women's Day. And the cherry on top of the cake is my doll having a miniature Oscar. Thank you @barbie @barbiestyle @Mattel”Previous role model dolls have included TV producer Shonda Rhimes, professional skateboarder Sky Brown and Sarah Gilbert, who developed the Covid-19 vaccine.
Persons: Helen Mirren, toymaker Mattel, Mirren, , Barbie, “ Elizabeth I, Golda, , , Del, I’d, Kylie Minogue, Shania Twain, Viola Davis, Maira Gomez, Lila Avilés, Nicole Fujita, Enissa Amani, Minogue, Kylie, Shonda Rhimes, Sky Brown, Sarah Gilbert, Aude, Krista Berger, she’s Organizations: CNN, Cannes, Mirren, Mattel, Hollywood, Reuters Locations: , British, Mexican
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFor gender equality we need investment in women, not charity, says UN deputy secretary generalAmina Mohammed, deputy secretary-general of the UN, discusses gender equality on international women's day.
Persons: Amina Mohammed Organizations: UN
But the people driving the post-pandemic decline in hours worked fall into four categories: women, young adults, highly paid workers and employees at small businesses. Richardson points out that high earners can maintain their annual income while working fewer hours, thanks to big post-pandemic pay increases. Women are working more part-time jobs than menA record number of Americans — 22 million — are working part-time, Labor Department figures show. In 2019, women worked 4.4 hours less per week than men, who worked 40 hours. The industries that saw bigger declines in hours worked — health care, leisure and hospitality — are dominated by women.
Persons: Nela Richardson, Richardson, they're, Gen Zers, there's, Zers Organizations: ADP Research, U.S, ADP, Workers, Labor Department, National Women's Law, Deloitte Locations: U.S
Chinese retailers further discount iPhone 15 amid slowing sales
  + stars: | 2024-02-29 | by ( ) www.cnbc.com   time to read: +2 min
Customers are experiencing the newly launched iPhone 15 at Apple's flagship store in Shanghai, China, on September 24, 2023. Major Chinese third-party retailers JD.com , TMall and Pinduoduo are battling for customers by offering more steep discounts on Apple's iPhone 15 just five months after launch, as the U.S. tech company suffers slowing sales in China. Third-party retailers are also offering discounts of as much as 10% on Apple's iPhone 14 Pro. The iPhone 15 launch came at a time of slowing sales for Apple in China where it faces rising competitive pressure from domestic rivals like Huawei and Xiaomi . On Thursday, the third-party retailers were offering discounts on all four models of the iPhone 15 series, including the iPhone 15, iPhone 15 Plus, iPhone 15 Pro and iPhone 15 Pro Max, Reuters checks showed, with some models on sale at up to 1,300 yuan ($180.68) less than the usual price.
Persons: PDD didn't Organizations: Apple's, U.S ., Apple, Huawei, Xiaomi, Max, Local, Reuters Locations: Shanghai, China, U.S
Leading the way are health care, with 22%; tech, with 14%; and consumer products and financial services, tied at 10%. Kate Ryder is closing major gaps in women's and family health care with Maven. Michelle Zatlyn, co-founder and chief operating officer at Cloudflare, is giving companies AI tools to bolster cybersecurity and lower costs for vulnerable, critical infrastructure providers, including schools and local election systems. The Changemakers serve as a reminder that success is a result of leading in ways that are authentic. In the book she explored the concept of "reformers" — women working to fix broken systems.
Persons: Anat Ashkenazi, Eli Lilly, Svanika Balasubramanian, Bobbie, Laura Modi, Baby2Baby, Norah Weinstein, Kelly Sawyer Patricof, Alex Cooper, Tracee Ellis Ross, Naomi Osaka, Balasubramanian, Jessica Chang, Maayan Cohen, Kate Ryder, Maven, Monique Rodriguez, Jessica Berman, Kathy Hannun, Clara Shih, Michelle Zatlyn, Kristin Peck, Julia Boorstin Organizations: CNBC, U.S, RePurpose Global, rePurpose, Women's Soccer League, Dandelion Energy, cybersecurity Locations: Changemakers, Cloudflare
Read previewWhen it comes to settling down and having children, 26-year-old Bihan Chen views the choice in simple terms: It's a bad investment. Falling birth rates saw China's population shrank in 2022 for the first time since the early 1960s. "When it comes to having children, I don't have a shred of desire, only fear. AdvertisementOthers cited the loss of personal freedom as a key obstacle to having children. Having children remains a deeply personal decision that can't be evaluated by finances alone.
Persons: , Chen, Emily Huang, Huang, Xi Jinping, Xi, Zhu Zheng, haven't, Dudley L, Poston Jr, Rich, we've, Lanjie Wang, Wang, Collin Meisel, might've, Yi Organizations: Service, Business, Women's Congress, Getty, Texas, M University, Weibo, University of Denver's, Center for International Futures, Publishing, University of Wisconsin, Project Syndicate Locations: China, Beijing, Weibo, Xinhua, Japan, Korea, America, Madison
Across the economy and country, women — and especially women of color — are paid less than their peers. "Relying on a candidate's salary history can exacerbate preexisting inequality in our pay structures, and disproportionately impact women and workers of color. And, as the National Women's Law Center chronicles , some employers use previous salaries as a benchmark for determining a new worker's salary — again essentially locking in some of the biases that could've kept that number lower. Research on salary history bans suggests that they are effective in narrowing pay gaps; one study , which focused on California's statewide salary history ban alongside other localities that enacted bans, found that the gender earning ratios increased, with women over the age of 35 particularly benefiting. The actions are pegged to the 15th anniversary of the Lilly Ledbetter Fair Pay Act of 2009, which, per the EEOC , is the first piece of legislation President Barack Obama signed into law.
Persons: , Biden, Shalanda Young, could've, Lilly, Barack Obama, SCOTUS, Congress hasn't, Young Organizations: Service, Business, Management, National Women's Law, Research, Congress
Samantha Mewis, who played for the U.S. squad that won the 2019 Women's World Cup, has retired from soccer because of a knee injury that has sidelined her from the national team since the Tokyo Olympics. Though this isn't what I wanted, it's clear that this is the only path forward for me.”The midfielder scored 24 goals in 83 appearances over eight years with the national team. Mewis was the 2020 U.S. Soccer women's Player of the Year. She last played professionally for the Kansas City Current of the National Women's Soccer League. A Massachusetts native, Mewis was also on the UCLA team that won an NCAA title in 2013.
Persons: Samantha Mewis, Mewis, I’m, , ___ Organizations: U.S ., Blazers Media Network, Soccer, Kansas City, National Women's Soccer League, Manchester City, FA, Everton, Western New York Flash, North Carolina, UCLA Locations: Tokyo, Mewis, United States, Australia, France, Netherlands, Massachusetts
The Chicago Red Stars have signed U.S. team forward Mallory Swanson to a historic four-year contract with an option for a fifth year, a record for the National Women's Soccer League. Swanson, who was a free agent this season, has been with the Red Stars since 2021. Swanson returns to a Red Stars team that looks vastly different. Chicago Cubs co-owner Laura Ricketts bought the Red Stars last September and the team hired Lorne Donaldson, coach of the Jamaican national team at the World Cup. "The Red Stars could not be more excited that Mallory Swanson has decided to extend her career with us here in Chicago,” Red Stars President Karen Leetzow said.
Persons: Mallory Swanson, Swanson, ” Swanson, , Laura Ricketts, Lorne Donaldson, Donaldson, Dansby Swanson, Karen Leetzow, “ Mallory, Mal, , Maria Sanchez, ___ Organizations: Chicago Red Stars, U.S, National Women's Soccer League, CBS Sports, Red Stars, Ireland, Chicago Cubs, Stars, Jamaican, Houston Dash Locations: Chicago, United States, Colorado
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. When my ex-boyfriend was offered a job in Singapore in 2018, I moved with him to pursue my dream of living outside Australia. I had a tourist visa at first and started looking for a PR position as soon as I arrived. I quit what I thought was my dream job, but it wasn't the right fit for me. AdvertisementNow, I run my own public-relations companySince returning to Australia, I've started my own business.
Persons: , Miriam Deliva, I'd, you'd, I've Organizations: Service, Business, Singapore Locations: Melbourne, Australia, Singapore, Asia, expats
The Ms. Foundation published research last week advocating for more financial support for women and gender nonconforming people of color leading nonprofits on the frontlines of social justices issues. “At this moment, when women and women’s bodies and gender nonconforming folks are being attacked on a daily basis, are they willing to move 10% to us?” Teresa Younger, Ms. Foundation’s president and CEO, said of other foundations. The Ms. Foundation found that many frontline organizations, like Power Rising, work across issue areas, often in tandem with other groups and in response to unfolding events. The organization advises foundations to build on trust-based giving, to support self-guided capacity building for these organizations, and to diminish grantmaking tied to specific issue areas. ___Associated Press coverage of philanthropy and nonprofits receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc.
Persons: Alex Soros, George Soros, Trump, ” Alex Soros, Shawnda Chapman, , ” Teresa Younger, it’s, Laleh Ispahani, Ketanji Brown Jackson, Leah D, Daughtry, grantmaking, Ispahani, Mark Malloch, Brown Organizations: Open Society, Society, Ms, Foundation for Women, OSF, National Women's Law, Alliance for Youth, U.S, Supreme, Foundation, Associated, Lilly Endowment Inc, AP Locations: U.S
Nov 27 (Reuters) - BC Place in Vancouver, British Columbia, will be renamed "Christine Sinclair Place" for one night next week in honour of the captain's final match with the women's international team, Canada Soccer said on Monday. Sinclair, who is the world's all-time leading international goalscorer, announced her retirement from the Canada women's national team in October and her final game will be on Dec. 5 against Australia. "The legacy of Christine's career has and will live on beyond her tremendous accomplishments on the field," Canada Soccer President Charmaine Crooks said in a news release. The 40-year-old Sinclair's international career includes a record 190 goals for Canada, an Olympic gold medal and six World Cup appearances. Sinclair still plans to play for Portland Thorns in the National Women's Soccer League next season and after that expects to remain involved with the game in some capacity.
Persons: Christine Sinclair, Sinclair, Charmaine Crooks, Frank Pingue, Christian Radnedge Organizations: women's, Canada Soccer, Canada women's, Australia, Sinclair, Canada, Portland Thorns, National Women's Soccer League, Thomson Locations: Vancouver , British Columbia, Toronto
"It can be very challenging to raise kids on one income," said Cathy Curtis, founder and CEO of Curtis Financial Planning in Oakland, California. Experts shared these 3 financial tips for single mothers. After accounting for fixed expenses, Curtis said, "closely monitor and budget for variable and miscellaneous expenses." Single mothers also should make sure they're preparing for their own future, said Jennifer Bush, a certified financial planner with Mainstreet Financial Planning in San Jose, California. To manage fears and be prepared for such a scenario, Curtis said, single mothers should take some additional precautions.
Persons: Christopher Hopefitch, Cathy Curtis, Curtis, That'll, Jennifer Bush, Bush, Emma Johnson, Johnson Organizations: Bank, Getty, National Women's Law, U.S . Department of Agriculture, Curtis Financial, CNBC FA, Fidelity Investments Locations: Oakland , California, overspending, San Jose , California
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