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Research shows women in richer economies are more likely to have children if they work. Prime Minister Giorgia Meloni - Italy's first female premier - has said women are "an untapped resource" that lessens the need for immigrant labour. Yet her conservative government's 2024 budget, to be presented on Monday, is not expected to include measures to drive change. According to a government report relating to 2021, nearly one in five Italian women aged under 50 left their job after having their first child. SPANISH SUCCESSMeloni's government could learn from Spain, whose female activity rate lagged Italy's in the early 1990s but is now above the EU average.

Persons: Guzzo, Vittoria, Claudia Greco, Elena, Claudia Goldin, Giorgia Meloni, Claudia Olivetti, Enza Guzzo, Gian Carlo Blangiardo, Blangiardo, Giancarlo Giorgetti, Olivetti, Paola Profeta, Katharine Neiss, Valentina Za, Elisa Anzolin, Giuseppe Fonte, Catherine Evans Organizations: REUTERS, European Union, Reuters, Research, Dartmouth College, ISTAT, Bank of, EU, France's, Milan's Bocconi University, AXA Research, Treasury, Thomson Locations: Arese, Italy, MILAN, Bank of Italy, Rome, Barcelona, Spain, Milan

☆ A woman's chance for equal pay plummets when she has a kid — and never recovers, says the newest Harvard economist to win the Nobel Prize
▼ + stars: | 2023-10-09 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

Harvard professor Claudia Goldin just won the Nobel Prize in economics, the third woman to do so. Goldin has been studying women's labor and the gender wage gap for decades. We know this thanks to decades of research by Claudia Goldin, who just won the Nobel Prize in economics. Mothers can make up ground relative to non-mothers, Kerr said, but "the gender gap is just way too large between parents." AdvertisementAdvertisement"There are lots of people doing such research now, and I think that this means that they'll see that it is important and that it's recognized," Goldin said.

Persons: Claudia Goldin, Goldin, —, Lawrence Katz, Marianne Bertrand, Z, that's, they're, Sari Pekkala Kerr, Claudia Olivetti, Kerr, she's, it's, " Goldin Organizations: Service, Pew Research, Wellesley College Locations: Harvard

☆ Ace king Isner calls it a career after U.S. Open loss
▼ + stars: | 2023-08-31 | by ( ) www.reuters.com time to read: +3 min

[1/5] Aug 31, 2023; Flushing, NY, USA; John Isner of the United States serves against Michael Mmoh of the United States (not pictured) on day four of the 2023 U.S. Open tennis tournament at USTA Billie Jean King National Tennis Center. Isner had match point at 5-4 in the fifth but Mmoh was able to serve his way out of trouble and levelled with a drop shot. After a successful college career at Georgia, Isner turned pro in 2007 and went on to reach a career high of world number eight. He won the longest professional tennis match in history against Frenchman Nicolas Mahut at Wimbledon in 2010, which lasted 11 hours and 5 minutes and took place over three days. Isner finishes his 17-year pro career with 14,470 aces, a record that is unlikely to be broken anytime soon.

Persons: John Isner, Michael Mmoh, USTA Billie Jean King, Geoff Burke, Isner, Mmoh, it's, It's, Madison, Frenchman Nicolas Mahut, Jack Sock, Albano Olivetti, Robert Galloway, Taylor Fritz, Frances Tiafoe, Tommy Paul, Ben Shelton, Rory Carroll, Frank Pingue, Ed Osmond Organizations: United States, USTA Billie, USTA Billie Jean King National Tennis Center, USA, U.S ., Georgia, Miami, Wimbledon, England, U.S, Thomson Locations: Flushing , NY, USA, United, United States, Robert Galloway . U.S, Los Angeles, Toronto

☆ Famed Italian dealmaker and Piaggio CEO Colaninno dies
▼ + stars: | 2023-08-19 | by ( Crispian Balmer | ) www.reuters.com time to read: +3 min

Roberto Colaninno attends the celebrations for the 50th anniversary of the Vespa Primavera scooter at the Piaggio Museum in Pontedera, Italy, April 19, 2018. REUTERS/ Alessandro Bianchi/File Photo Acquire Licensing RightsROME, Aug 19 (Reuters) - Entrepreneur Roberto Colaninno, chairman and CEO of scooter maker Piaggio and one of Italy's best-known dealmakers, has died, his investment company IMMSI said on Saturday. He is most famous for his surprise $58 billion leveraged buyout of Telecom Italia (TLIT.MI) in 1999, at the time the world's largest hostile takeover. In 2003, after his efforts to take over carmaker Fiat were rebuffed, he turned his attention to Piaggio, maker of the Vespa scooter, which had fallen on hard times. Colaninno ditched the firm's loss-making computer unit and focused on the telephone business - which he subsequently used as a vehicle to launch the Telecom Italia bid.

Persons: Roberto Colaninno, Alessandro Bianchi, IMMSI, Colaninno, Carlo De Benedetti, De Benedetti, Olivetti, Matteo, Michele, Oretta, Crispian Balmer, David Holmes Organizations: Primavera, Piaggio Museum, REUTERS, Rights, Piaggio, Telecom Italia, Pirelli, Fiat, Alitalia, Thomson Locations: Pontedera, Italy, Asia, India, China, Vietnam, Fiamm, Europe

☆ Roberto Colaninno, CEO of scooter maker Piaggio, dies at 80
▼ + stars: | 2023-08-19 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +1 min

New York CNN —Roberto Colaninno, the CEO and chairman of vehicle manufacturer Piaggio, died on Friday. Colaninno’s investment firm, Immsi SpA, announced his death Saturday morning in a news release but did not provide additional details. Colaninno began his business career as the CEO of Italian auto parts maker Fiaam before establishing his own components manufacturer, Sogefi, in the early 1980s. Colaninno was forced to leave Telecom Italia in 2001, and his investors sold the company. But over the next few years, he acquired investment company Immsi SpA and Piaggo, which manufactures Vespa scooters.

Persons: New York CNN — Roberto Colaninno, Colaninno, Italy’s, Leonardo Organizations: New, New York CNN, Piaggio, Immsi SpA, Olivetti, Telecom Italia Locations: New York, Western, Piaggo, Vietnam, India

☆ Cormac McCarthy’s Remarkable Career Could Never Be Reproduced Today - The New York Times
▼ + stars: | 2023-06-19 | by ( Dan Sinykin | ) www.nytimes.com time to read: +3 min

The fact that the world is now celebrating the arc of Mr. McCarthy’s monumental career is a testament to the novelist’s undeniable talent. But it’s also due to his timely recognition that, without his protector, Mr. Erskine, and the vanished world of publishing that Mr. Erskine represented, he would need to change the way his books were published. In the 1960s, large corporations began acquiring publishing houses, consolidating the industry into fewer and fewer conglomerates. Literary agents became essential intermediaries, as publishing houses no longer riffled through submissions to find emerging talents. A poorly typed manuscript like Mr. McCarthy’s debut would struggle to make it into, let alone be rescued from, a slush pile.

Persons: it’s, Erskine, McCarthy’s, Robert Bernstein, Newhouse, Alberto Vitale, who’d, Mr, Vitale, ”, André Schiffrin, “, McCarthy, Lynn Nesbit, Robert Caro, Joan Didion, Toni Morrison, Tom Wolfe, “ I’ve, ” Mr, you’re, Amanda “ Binky, Urban, Sonny Mehta, Robert Gottlieb, MacArthur, who’s Organizations: RCA, S.I, Mr, Olivetti, Fiat, Random, Knopf, The New York Times

☆ Cormac McCarthy, Pulitzer-winning novelist known for apocalyptic Westerns, dies at 89
▼ + stars: | 2023-06-13 | by ( Daniel Arkin | ) www.cnbc.com time to read: +4 min

NEW YORK - NOVEMBER 16: Writer Cormac McCarthy attends the premiere of "The Road" at Clearview Chelsea Cinemas on November 16, 2009 in New York City. McCarthy's death was announced in a statement by his publisher, Penguin Random House. "Cormac McCarthy changed the course of literature," Nihar Malaviya, the CEO of Penguin Random House, said in a statement. Two novels published in the 2000s — "No Country for Old Men" and "The Road" — drew wide acclaim and found favor in Hollywood. McCarthy published his final two novels in 2022: "The Passenger" and "Stella Maris," interconnected narratives that grappled with morality, science and faith.

Persons: Cormac McCarthy, Jim Spellman, WireImage, Pulitzer, John McCarthy —, McCarthy, Olivetti Underwood, Malaviya, James Wood, King James Bible, Melville, Conrad, Faulkner, Charles Joseph McCarthy Jr, Albert Erskine, William Faulkner, James Joyce, —, Joel, Ethan Coen, Viggo Mortensen, Stella Maris Organizations: Chelsea Cinemas, Penguin Random, Yorker, The New York Times, University of Tennessee, Random, Penguin Locations: New York City, Santa Fe , New Mexico, American, Providence , Rhode Island, Knoxville , Tennessee, Hollywood

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