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Sorry, boys — F1 is for the girls now
  + stars: | 2024-03-02 | by ( Maria Noyen | ) www.businessinsider.com   time to read: +13 min
There's been one female team principal, and only two female drivers have officially qualified for a race in the sport's history. In 1975, Lella Lombardi, nicknamed the "F1 Female Trailblazer," became the first and only woman to score points in a Grand Prix. In November 2022, F1 Group CEO Stefano Domenicali said that about 40% of F1 fans were female, an 8% increase from 2017. Advertisement'If a girl gets something wrong, they know absolutely nothing'The new wave of F1 fans hasn't always met with open arms. Courtesy of Neha SridharLike Jung, Sridhar runs an F1 TikTok account, though hers leans toward the tech side of things.
Persons: , Bella Jung didn't, He's, Jung, Jung didn't, Bella Jung, Statista, Carlos Sainz, Kym Illman, Lissie Mackintosh, Toni Cowan, Brown, There's, Lella Lombardi, Ronald Dumont, Stefano Domenicali, McLaren's Lando Norris, hasn't, Lewis Hamilton, Neha Sridhar, Sridhar, Charles Leclerc, aren't, Irene Su, Su, who's, Su's, Taylor Swift, George Russell, Gongora, NurPhoto, fandoms, Hamilton, Mercedes, Ferarri, Zayn Malik, they're, it'll, Susie Wolff, Toto Wolff, she's, she'd, It's Organizations: Service, Oracle, Business, NASCAR, Netflix, Las Vegas, Twitter, Prix, Drivers, ESPN, Austrian, Guardian, Tech, NFL, Getty, F1 Academy Locations: Bahrain
Doubt is fussy and forgetful, whereas certainty strides around, all action and achievement. As a film critic, swift, declarative certainty is a quality I’ve learned to aspire to. But this year’s Berlin International Film Festival, which runs through Sunday, has been buffeted outside and in by political turbulence and organizational shake-ups. And so perhaps because the event itself is experiencing such uncertain times, the films made me reconsider — actually, doubt — my dismissive stance on doubt. Doubt is etched on Cillian Murphy’s hollow, striking features in Tim Mielants’s grave and moving “Small Things Like These,” which opened the festival last week.
Persons: , Tim Mielants’s, Claire Keegan —, Magdalene laundries, Mary, Emily Watson, Murphy’s Locations: New Ross, Ireland
The app, which offers a slew of editing tools like filters, became a go-to for influencers and everyday social-media users, rivaling Instagram in cool factor if not in size. VSCO's memberships make up a majority of the company's revenue and it turned a profit in late 2022, Wittman told The Information last year. "VSCO boasts a worldwide community of more than 200 million users," Wittman told BI. Wittman told BI that VSCO is "capital efficient" and a spokesperson confirmed the company is profitable by GAAP standards. Here are 3 lessons VSCO's CEO has for startups entering the social-media arena in 2024:
Persons: Eric Wittman, VSCO, " Wittman, Wittman, ByteDance's, VSCO isn't Organizations: DMs
Instagram does not allow children under 13 to have accounts, but parents are allowed to run them — and many do so for daughters who aspire to be social media influencers. What often starts as a parent’s effort to jump-start a child’s modeling career, or win favors from clothing brands, can quickly descend into a dark underworld dominated by adult men, many of whom openly admit on other platforms to being sexually attracted to children, an investigation by The New York Times found.
Organizations: The New York Times
CNN —Israeli swimmer Anastasia Gorbenko was met with jeers from the crowd after placing second in the women’s 400-meter individual medley at the World Aquatics Championships in Doha, Qatar, on Sunday. The 20-year-old, whose parents are from Ukraine but was born and raised in Israel, captured her first ever medal at the World Aquatics Championships after finishing with a time of 4:37.36. Gorbenko competes in the heats of the 400-meter individual medley event at the world championships. World Aquatics did not immediately respond to a request for a comment. “I’m here to represent my country … And I’m doing this with the Israeli flag and I’m proud of that.
Persons: Anastasia Gorbenko, jeers, Gorbenko, “ I’m, ” Gorbenko, Manan Vatsyayana, ” Britain’s Freya Colbert, Italy’s Sara Franceschi, “ I’ve, , it’s Organizations: CNN, Israel, Getty, Reuters, Palestine Locations: Doha, Qatar, Ukraine, Israel, AFP, Gaza
DOHA, Qatar (AP) — Marrit Steenbergen won gold for the Netherlands in the women's 100-meter freestyle Friday at the World Aquatics Championships. “The back half is my specialty,” said Steenbergen, who also was part of the winning Dutch team in the 4x100 freestyle relay. World record-holder Sarah Sjöström of Sweden is at the championships but withdrew from the 100 free before the preliminaries. The Americans, who are three-time reigning Olympic champions, bounced back from a quarterfinal loss at last year’s world championships in Fukuoka. Hungary came up just short of its first women's world title since 2005.
Persons: Marrit Steenbergen, Siobhán Haughey, Hong Kong, Steenbergen, , , Haughey, Jack, Kate Douglass, ” Haughey, Australia's Mollie O'Callaghan, Sarah Sjöström, Rachel Fattal, Ashleigh Johnson, ___ Organizations: Paris, Dutch, Doha, United, Olympic, Greece Locations: DOHA, Qatar, Netherlands, Hong, Fukuoka, Australia, Sweden, United States, Hungary, Fukuoka . Hungary, Spain
In this zodiac cycle, those born between Feb.10, 2024 and Jan. 28, 2025 will be classified as "Dragon babies." While people in China also hold these beliefs, birth rates in the country have actually fallen during the "Dragon Years." For instance, Singapore's birth rates rose by 21% in 1988, and 8% in 2000 and 2012. Asian folklore, however, may not be able to do much for China's falling birth rates, which could continue to drop "quite precipitously," Tay warned. China's birth rates have seen a secular decline, falling to 6.39% in 2023 from 22.37% in 1988.
Persons: Jacelyn Phang, feng, Yuan Zhong Siu, Phang, Erica Tay, Maybank, Tay, Tianchen Xu Organizations: CNBC, The Economist Intelligence Locations: China, Asia
DOHA, Qatar (AP) — With some of America's biggest stars deciding to stay home, Claire Curzan and Hunter Armstrong claimed the spotlight at the World Aquatics Championships on Tuesday. Curzan won gold in the women's 100-meter backstroke at the Aspire Dome, while Armstrong followed just a few minutes later with a victory in the men's 100 back. The 19-year-old Curzan, who competes at the University of Virginia, claimed the first individual world title of her burgeoning career. After settling for bronze in the 100 back at the last two world championships, the Ohio native now has a gold. Hobson, part of a scaled-back team for these world championships, gave himself a big boost with the Paris Olympics just five months away.
Persons: Claire Curzan, Hunter Armstrong, Curzan, Armstrong, Simona Quadarella, Italy romped, Hwang Sun, Kaylee McKeown, Regan Smith, Iona Anderson, Canada's Ingrid Wilm, ” Curzan, ” Armstrong, , Spain’s Hugo Gonzalez, Gonzalez, Ryan Murphy, Quadarella, Katie Ledecky, Ledecky, Li Bingjie, Isabel Gose, Hwang, Luke Hobson, Danas Rapsys, Hobson, , Kim Woo Organizations: University of Virginia, Paris, Cal, Doha, Ledecky, Olympic, Paris Olympics, University of Texas Locations: DOHA, Qatar, U.S, Doha, Italy, South Korea, Fukuoka, Ohio, Paris, Quadarella, China, Germany, Nevada
From the very beginning of the improv theater Second City, its name made clear that it wasn’t a New York institution and didn’t aspire to be. But after 65 years, the Chicago-based institution that has strongly influenced modern comedy is opening an outpost on Monday in Brooklyn, in what is the First City. Two weeks before the lights were set to officially go up, Ed Wells, Second City’s chief executive, showed off its new 12,000-square-foot home on North Ninth Street in Williamsburg even as he acknowledged the headwinds facing the expansion. There is a 190-seat main stage theater with a wraparound mezzanine and a 50-seat black box theater for student shows. The Bentwood restaurant, named after the chair that Second City actors use onstage, sometimes as a prop.
Persons: Ed Wells Organizations: Improv, North Ninth Locations: City, New York, Chicago, Brooklyn, It’s, Williamsburg
DOHA, Qatar (AP) — Chang Yani topped teammate Chen Yiwen on the 3-meter springboard Friday, giving the powerhouse Chinese team its eighth diving gold medal of the World Aquatics Championships. Beginning with their emergence in 1984, the Chinese have won 47 of 72 diving gold medals. Since the Olympic program doubled from four to eight events in 2000, they have been even more dominant — 38 gold medals in 48 events. One thing the Chinese haven't done is take the top spot in all eight diving events at a single Olympics. The final two diving events will be held Saturday at the Hamad Aquatic Centre.
Persons: — Chang Yani, Chen Yiwen, Chen, Chang, Kim Suji, Maddison Keeney, Sarah Bacon, They've, , ___ Organizations: United States, Olympics, Los Angeles Games, China, Doha —, Tokyo Games, Hamad Aquatic, Japan Locations: DOHA, Qatar, Australia, China, Doha, Paris, Olympic, United States
SRINAGAR, India (AP) — For decades, India has focused its defense policy on its land borders with rivals Pakistan and China. Unless you are a maritime power you can never aspire to be a global power,” Chawla said. India, already a regional power, is positioning itself “as a global player today, an upcoming global power,” he said. Though we don’t own it, but we are probably the most capable and responsible resident naval power,” Chawla said. Chawla said India doesn't have “strength to project power into the South China Sea right now” because of the vast Chinese maritime assets there.
Persons: Adm, Anil Kumar Chawla, , ” Chawla, , Darshana, Chawla, it’s Organizations: Pakistan, Hamas, U.S, Carnegie Endowment, International, Ocean Initiative, NATO Locations: SRINAGAR, India, China, Yemen, Iran, Tehran, Red, Gaza, U.S, Visakhapatnam, Marshall, Gulf, Aden, Picardy, “ China, South China, Beijing, Bangladesh, Sri Lanka, Maldives, Australia, Japan, Pacific, South, Asia, asia
Opinion | Germany Has Finally Woken Up
  + stars: | 2024-01-31 | by ( Anna Sauerbrey | ) www.nytimes.com   time to read: +2 min
The ground was icy as my partner, my son and I made our way to the center of Berlin two Sundays ago. The protests, some of the country’s largest in decades, emerged everywhere: not just in liberal cities like Berlin, Hamburg and Munich but also in many cities in eastern Germany, where the far right is particularly strong. The far right, we know, is built on racist fantasies of ethnic homogeneity, and the AfD has long been deemed extreme. Germany, at last, has woken up. It’s that in many parts of the country, a general sense of discontent has tipped over into disdain.
Locations: Berlin, Potsdam, Germany, Hamburg, Munich
They didn't necessarily set out to become DINKs, but it's a lifestyle that's worked well. AdvertisementWendy and Steve Thomas didn't necessarily set out to be DINKs, but it's a lifestyle that's worked out for them. Wendy Thomas, 55, and Steve Thomas, 51, are a California-based couple in a growing legion of Americans who are DINKS — households that are double income, with no kids. It's a lifestyle they "fell into," according to Steve Thomas, who works in the golf maintenance industry. AdvertisementAnd the couple isn't out proselytizing the DINK lifestyle, although it can elicit a lot of questions from strangers.
Persons: Wendy, Steve Thomas, that's, , Steve Thomas didn't, Wendy Thomas, They've, DINK, she's, Steve, they're, Gen, Zers, DINKs, there's, it's Organizations: Service, redwoods, Census Bureau, Federal Reserve's Survey, Consumer Finances Locations: California, Southern California
Jeff Bezos built Amazon into a tech behemoth and "everything store" that's now worth $1.6 trillion. Jassy, Bezos' longtime deputy, took the company's reins after the Amazon founder stepped down in 2021. "There aren't too many other bigger thinkers than Jeff Bezos," Jassy said, adding: "He always had a way of getting teams to think bigger." Jassy nonetheless touted Bezos' approach for inspiring great work from employees that helped fuel Amazon's success. "[Bezos] had a way of having really high standards, and then having everybody really stretch and aspire to those standards."
Persons: Jeff Bezos, Andy Jassy, Fortune, Bezos, GeekWire, Jassy, Jeff, You've, it'll Organizations: Economic, Amazon, Pacific Science Center, Web Services Locations: Davos, Switzerland
With Wednesday's hot purchasing managers' numbers that demonstrate the strength of both the service and manufacturing portions of the economy, it's even more doubtful that we will get rate cuts soon. After all, inflation is the most ruinous force against us, and we must be sure it does not come back. We don't want rate cuts because the economy is weak. Additionally, rate cuts foment inflation, and that won't help the stock market, either. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Persons: let's, it's, DR, FactSet, , Jim Cramer's, Jim Cramer, Jim, Squawk, Virginia Sherwood Organizations: Federal, White, Silicon Valley Bank, Dupont, Texas, Nvidia, Netflix, Jim Cramer's Charitable, CNBC Locations: U.S, Silicon
Love them or loathe them, giant cruise ships are among the most remarkable success stories of the mass tourism age. Rechristened the Mardi Gras, the first Carnival cruise ship sailed out of Miami that March. Cruise ships like the Icon of the Seas will spend the majority of their trip at sea. Eight years later, cruise ships such as the Diamond Princess became early incubators for COVID-19. Cruise Market Watch forecasts there will be 360 cruise ships in service at the end of this year, comprising less than 1% of the global commercial fleet.
Persons: Ted Arison, Arison, Pieter De Boer, Costa, Diamond, Aaron Saunders, We've, Sue Bryant, Z, sass, Emma Le Teace, YouTuber, David Foster Wallace, Harper's, Sarah Knorr, Bryan Comer, Karla Hart, Hart, Saunders, it's, Henry Wismayer Organizations: Port, Passengers, Mardi Gras, Mardi, Gras, Cruise, Royal Caribbean, Costa Concordia, Cruise Lines International Association, Broadway, CivicScience, Royal, Virgin, Business, Transport & Environment, Getty, International Council, Global Cruise, Global Cruise Activist Network, Cruise Market, Royal Caribbean International, New York Times, National Geographic, Financial Times Locations: Port of Miami, Caribbean, Miami, The Port, Tuscany, Italy, Royal Caribbean, TikTok, Panama, Bahamas, Brussels, Netherlands, Douarnenez, Venice, Dubrovnik, Croatia, Amsterdam, Juneau , Alaska, Skagway , Alaska, CocoCay, London
NEW YORK (AP) — Walmart Inc. is raising the starting base pay for store managers, while redesigning its bonus plan that will put more of an emphasis on profits for these leaders. Roughly 75% of its store management started out as hourly workers, Walmart said. Walmart said that the store managers' new starting annual base wage ranges will be from $90,000 to $170,000. Walmart announced in January 2023 that U.S. workers would get pay raises the following month, increasing starting wages to between $14 and $19 an hour. Starting wages had previously ranged between $12 and $18 an hour, depending on location.
Persons: Cedric Clark, Clark, “ They're, , “ We’re Organizations: — Walmart Inc, Walmart, Walmart's U.S, Auto Care Centers Locations: Bentonville , Arkansas, U.S
Goldman Sachs calls the China story today one of "rebalancing," and has picked 40 buy-rated stocks to play the theme. They predict certain consumer names, artificial intelligence companies and rising global players will be among the Chinese stocks that can do well. December data and fourth-quarter GDP due out late Tuesday New York time may give more clues on China's economic trajectory — and whether policymakers need to act. For China's economic outlook, comparisons to Japan may ultimately be more academic as the debate has become more about the extent to which national security has replaced economic growth as the priority. "Very often I'm asked the question, will China ignore development as it talks more about security?"
Persons: Goldman Sachs, Japan's, Kinger Lau, Morgan, Robin Xing, Goldman, Lau, Li Qiang, Liu, SICC, Arthur Kroeber, Dragonomics, Liu Jianchao, Michael Bloom Organizations: Beijing, China Equity, China New Economy Summit, China, New, Invesco, Central Commission, Financial, Economic Affairs, Laboratories, U.S . Food, Drug Administration, U.S, StarPower Semiconductor, Wire China, Communist Party's, Foreign Locations: China, Japan, Hong Kong, Beijing, New York, Davos, Shanghai, U.S, Shenzhen, Europe
My marriage dissolved when my son was 2; 26 years later, I'm still single. I wonder how my son cultivated a healthy relationship without seeing a healthy example. I imagine the healthy relationship I created with my son helped. It's the type of relationship I've always envisioned for myself, as someone who's been single for 26 years. It's been interesting to see his happy relationship juxtaposed with my pastMy marriage ended when my son was 2; 26 years later, I'm still single.
Persons: I'm, , I'd, Stephanie, I've, who's, they've, They're, It's, it's Organizations: Service
The result may be that Gen Z largely kills off middle management roles for good. AdvertisementIt may even be that Gen Z kills off middle management for good. Success looks different to Gen ZBen Voyer, an ESCP Business School professor and founder of the Gen Z Observatory, told BI that his research showed that "success takes many more different forms" for Gen Z workers. Advertisement"It seems like the employees like to blame the middle managers, and the leadership likes to blame middle managers," she said. AdvertisementKing also agreed that Gen Z rejecting middle management is not because they're work-averse or lazy.
Persons: , Wendy, — millennials, Zers — Wendy, wasn't, Millennials, Gen Zers, Vivian Lynn, dwindles, Z Ben Voyer, Michelle P, Netflix's, it's, King, Morgan Sanner, they're, Sanner, Voyer, there's, Gen, Zers, they'll, haven't, millennials, Lynn, she's Organizations: Service, Business School, Resource Solutions, American Staffing, Harris, Pew Research Center Locations: America
A Chinese blogger has gone viral for asking if his male relative is "eliminated by society" at 50. No one comes to hang out with him, to eat or drink," the Shanghai blogger wrote. If you have money, it's better to have a good meal with your family," the blogger wrote of his relative's mindset. The man also doesn't take vacations, is uninterested in shopping and isn't bothered about getting promoted at work, BubblePisces wrote. BubblePisces wrote.
Persons: , BubblePisces, it's, Zhang Fei, Yichuan Yuebai Organizations: Service, Weibo, Twitter, Business Locations: Shanghai, Hubei, Beijing
Uber shares rose 5% in extended trading on Friday after the ride-hailing company was added to the S&P 500 Index, replacing Sealed Air Corp. A company's stock price often rises on news that it's joining the S&P 500 because fund managers who track the benchmark, which gets updated each quarter, have to acquire the shares. Uber shares debuted on the New York Stock Exchange in 2019, but the company was burning cash as it had to pay drivers enough money to stay competitive in a low-margin business. Uber has a market cap of about $118 billion, while the median market cap of companies in the S&P 500 is just over $31 billion. WATCH: Uber into the S&P 500
Persons: Dara Khosrowshahi, it's, Nelson, Chai, Uber, Lloyd Walmsley, You've Organizations: Uber, Sealed Air Corp, Companies, New York Stock Exchange, UBS Locations: Davos, Switzerland
Morgan Housel(Note: Morgan Housel will be on HalfTime Report today at 12:35 PM ET and on ETF Edge at 1:10 PM. To give you an idea of how big that is, a typical financial book will sell roughly 5,000 copies. Now Housel is back with a second book, "Same As Ever: Timeless Lesson on Wealth, Greed and Happiness." Housel cites Charlie Munger, who noted that the world isn't driven by greed, it's driven by envy. Today's economy is good at generating three things: wealth, the ability to show off wealth, and great envy for other people's wealth."
Persons: Morgan Housel, Twain, Bill Gates, Gates, Morgan, Housel, Charlie Munger, Nassim Taleb, Elon Musk, Steve Jobs, Walt Disney, Organizations: Collaborative Fund, Edge, Lakeside High School, National War Labor Board, Rolex Locations: Seattle, California
Last month's slayings of about 1,200 people in Israel by armed Palestinian militants represented the biggest killing of Jews since the Holocaust. ACTS OF ANTISEMITISM — AND HOW THAT'S DEFINEDAntisemitism is broadly defined as hatred of Jews. Criticism of Israel's policies and antisemitism have long been conflated by Israeli leaders such as Prime Minister Benjamin Netanyahu and by some watchdog groups. Some of Europe's Jews say they see it on the streets and the news. Many Jews, though, say the chant is inherently anti-Jewish and calls for the destruction of Israel.
Persons: Michel Dreifuss, , Herbert Traube, Benjamin Netanyahu, Susan Neiman, , you’ve, , Israel, Israel —, There's, Anna Segal, Segal, ” Segal, Peggy Hicks, “ I’ve, Hicks, ” ___ Kellman, Kirsten Grieshaber, Silvia Stellacci, Karel Janicek, Lorne Cook, Jari Tanner, Vanessa Gera, John Leicester, Sylvie Corbet Organizations: GENEVA, Einstein, , French Interior Ministry, Community Security Trust, Israel, West Bank Locations: Geneva, Israel, Gaza, Europe, Germany, Austria, Potsdam, Britain, Russia, Berlin, Lyon, France, In Berlin, Palestine, Jordan, Jerusalem, London, Rome, Prague, Brussels, Helsinki, Warsaw, Poland, Paris
Lee submitted his master’s thesis film “Joe’s Bed-Stuy Barbershop: We Cut Heads,” starring Monty Ross, to the Student Academy Awards. The Student Academy Awards may not be as glitzy or high profile as the Oscars, but in its 50 years it has proven to be a vital launching ground for emerging filmmakers. Inclusion and access may sound like recent buzzwords, but the film academy has been striving to break down barriers to entry for decades. “Once your name is tied to a Student Academy Award, it just opens all of these doors,” Carter said. Like Lee did four decades earlier, he applied to the student academy awards while studying at NYU.
Persons: Spike Lee, Lee, , Monty Ross, Walter Mirisch, Pete Docter, Robert Zemeckis, Trey Parker, Patricia Riggen, Bob Saget, Patricia Cardoso, , Kendra Carter, ” Carter, Lachlan Pendragon, ” Pendragon, Giorgio Ghiotto, ” Ghiotto Organizations: New York University, Student, NYU Locations: Australian, Italy, Los Angeles
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