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It comes at a time when women's sports generally — from basketball to soccer and even volleyball — are attracting new viewers. Last week's college women's basketball championship game between the Hawkeyes and the South Carolina Gamecocks, meanwhile, snagged more viewers than any basketball — women or men, college or pro — since 2019, ESPN said. It's not just women's college ball that's luring eyeballs. Attendance at US women's pro soccer games increased by 23% in 2023, according to National World Soccer League commissioner Jessica Berman. And that's just the start, according to hedge fund mogul Marc Larsry, who recently declared women's sports the next "big opportunity" for sports investing.
Persons: Big3, Caitlin Clark, Caitlin, Ted Lasso, Jason Sudeikis, Travis Scott, It's, Jessica Berman, Marc Larsry Organizations: University of Iowa, Business, Iowa Hawkeyes, Hawkeyes, South Carolina Gamecocks, ESPN, National World Soccer League, Deloitte, Wall Locations: Nebraska, Silicon
Danielle Shultz is a professional dancer and runs her own corporate wellness business. Her business, Triangle Sessions, has landed contracts with Google, Meta, and Deloitte. She also runs her startup Triangle Sessions, which offers corporate wellness and team-building events. When she's not at dance rehearsal, Shultz teaches Triangle Sessions classes on topics like relaxation and terrarium building. Danielle Shultz, 36, is a dancer with The Metropolitan Opera and runs her own corporate wellness business.
Persons: Danielle Shultz, Shultz, , Zers, Bankrate —, she's, I've, Robert Nickelsberg, It's, Schulz Organizations: Triangle, Google, Deloitte, Service, Metropolitan Opera, YouGov, Triangle Sessions, The, Sessions Locations: Philadelphia, New York City, York
Many accountants resign due to inadequate pay and limited opportunities for career advancement, according to a recent report from The Institute of Management Accountants (IMA) and Robert Half, which surveyed over 1,200 current and former accounting and finance professionals. Britton says accountants leaving the field are often moving into jobs in finance and technology. To alleviate the talent shortage, more companies are increasing entry-level salaries for finance and accounting roles, offering referral bonuses and hiring temporary workers, the IMA and Robert Half report found. Many of these jobs offer remote or hybrid options, Robert Half found. Britton anticipates that the percentage of accounting jobs that are remote or hybrid will likely grow in the coming months as employers adjust their recruitment strategies to attract more talent.
Persons: Robert Half, Brandi Britton, Britton, they're, you've, Deloitte —, Julia Pollak, Organizations: Wall Street, The Institute of Management Accountants, IMA, Public, BLS, Accountants, Bloomberg, Big, KPMG, PWC, EY, Deloitte, CNBC Locations: U.S, FlexJobs
The résumé that landed Virmani a job at Google is two pages long — a decision he defends today. Six months after deciding to switch careers, he landed a role as a data and machine learning specialist at Google's Seattle office. Related storiesHere's the résumé he used to apply for his job at Google, which pays more than $300,000 a year. She sent her video résumé, which took her 10 hours to create, to the hiring manager directly, Kobayashi previously told BI. A Google recruiter saw the video and reached out to her, and she eventually landed a role at the tech giant.
Persons: Ankit Virmani, , Virmani, Ankit, you'll, Gen Zs, West, Mariana Kobayashi, Kobayashi, Axel Springer Organizations: Deloitte, Google, Service, Microsoft, Business Locations: India, Seattle, shubhangigoel@insider.com
March Madness branded Powerade bottles before the game between the Maryland Terrapins and the South Carolina Gamecocks during the Elite Eight round of the 2023 NCAA Women's Basketball Tournament held at Bon Secours Wellness Arena in Greenville, South Carolina, on March 27, 2023The NCAA Women's Championship between Iowa and South Carolina set a record on Sunday, drawing 18.7 million viewers on ABC and ESPN. The game peaked at 24 million viewers, ESPN said, and was the most-watched NCAA women's college basketball game since 1992. The championship, which saw Caitlin Clark-led Iowa fall to South Carolina, was the most-watched basketball game, either men's or women's and college or professional, since 2019. "With a record-setting audience of 18.7 million viewers, Sunday's Iowa-South Carolina title game was a fitting finale to the most-viewed ever NCAA Women's Basketball Tournament," said ESPN Chairman Jimmy Pitaro in a statement. The semifinals between Iowa and University of Connecticut last week also shattered viewership records, peaking at 17 million viewers, according to ESPN.
Persons: Caitlin Clark, Jimmy Pitaro, Clark, that's Organizations: Maryland Terrapins, South Carolina Gamecocks, Secours Wellness, NCAA, ABC, ESPN, Iowa, University of Connecticut, Deloitte Locations: Greenville , South Carolina, Iowa, South Carolina
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWNBA Commissioner on the 'Caitlin Clark effect', impact on women's sports and equal pay pushCathy Engelbert, WNBA Commissioner and former Deloitte CEO, joins 'Squawk Box' to discuss last night's NCAA Women's College Basketball Final, the impact of Caitlin Clark on women's basketball, WNBA's media rights, equal pay push, and more.
Persons: Caitlin Clark, Cathy Engelbert Organizations: WNBA, Deloitte, NCAA Women's
The "Big Four" accounting firms employ about 1.3 million people worldwide. Business Insider analyzed data to determine how much accountants and consultants are paid at these firms. AdvertisementThe so called "Big Four" accounting firms — Deloitte, PricewaterhouseCoopers (PwC), KPMG, and Ernst & Young (EY) — are known for paying their staff high salaries. Business Insider analyzed the US Office of Foreign Labor Certification's 2023 disclosure data for permanent and temporary foreign workers to find out what PwC, KPMG, EY, and Deloitte paid US-based employees for jobs ranging from entry-level to executive roles. AdvertisementHere's how much Deloitte, PwC, KPMG, and EY paid their hires.
Persons: , Ernst, Young, EY Organizations: Service, Deloitte, PricewaterhouseCoopers, KPMG, Business, of Foreign Labor, EY, PwC
The WNBA, still emerging entering its 28th season, hopes Caitlin Clark can achieve what those athletes did and turn the league into a cultural phenomenon. WNBA players’ salaries also lag behind. Turning Clark fans into WNBA fansClark is already having an impact on the WNBA. “The need by WNBA teams to invest in fan acquisition and fan engagement is really critical to maximize this moment,” she said. Bebeto Matthews/APThe league was financially connected to the NBA, and each of the first eight WNBA teams was linked to an NBA franchise.
Persons: Woods, Venus Williams, Michael Jordan, Caitlin Clark, , Boris Lelchitski, Candace Parker, Jonquel Jones, ” Clark, Angel Reese, Clark, Reese, , Phil Cook, Gregory Fisher, Nielsen, “ Caitlin Clark, Noah Henderson, Cathy Engelbert, “ We’ve, Erica Denhoff, Jessica Gelman, Gelman, David Stern, Lisa Leslie, Sheryl Swoopes, Rebecca Lobo, Bebeto Matthews, Terri Jackson, ” Donna Orender, Orender, ” Engelbert, Cameron Brink, , “ Clark, Donna Orender Organizations: New, New York CNN, NBA, WNBA, Indiana Fever, NCAA, University of Iowa, Louisiana State University, Tiger, USA, Sports, Reuters, Loyola University, CNN, LSU, WNBA's Indiana, Kraft Analytics Group, MIT Sloan Sports Analytics, Nielsen, Brands, Gatorade, State, longtime, Olympics, Basketball Players Association, Deloitte, Kraft Analytics Locations: New York, Chicago, Iowa, USA, Atlanta, San Francisco
It should come as no surprise, then, that among the highest paid tech skills, generative AI comes in at No. That's according to a recent report by job search site Indeed, which calculated which tech skills make the biggest difference in salary. When a job included generative AI as a desired skill, its salary was 47% higher, Indeed found. "Searches for generative AI jobs on Indeed have surged nearly 4,000% in the last year, and job postings for generative AI roles have seen a remarkable 306% increase since September 2022." Here's what employers are looking for, specifically, and how to gain some generative AI skills yourself.
Persons: they're, Maggie Hulce Organizations: Deloitte
Gen Z workers are often criticized for not practicing good workplace etiquette. AdvertisementGood workplace etiquette — from being mindful about how you present yourself to the kind of foods you eat for lunch — could be essential to your career progression, according to an etiquette expert. "If you are not practicing good etiquette, your career, in my opinion, will not progress half as fast as if you are practicing good workplace etiquette," Meier told BI. Beaumont EtiquetteGen Z is still learning about office etiquetteGen Z is new to the workplace and still learning the ins and outs of office etiquette after studying remotely during the pandemic. Meier advises these young professionals to educate themselves on office etiquette by reading books on the subject.
Persons: Myka Meier, Meier, , Beaumont, Walt Bettinger, Charles Schwab, We've, It's, Gen Organizations: Service, Business, KPMG, Deloitte
"Our expectation in the next year is that people will be talking less about the tech and actually understand the value," of Snowflake's data clean room, Stratton said. The clean room space is competitive and marketers intend to spend more on the techUltimately a data clean room is only as valuable as the customers who share data within it — even when it's being offered for free. "Clean rooms are no longer competing against other clean rooms only," said Wayne Blodwell, the CEO of the programmatic advertising company Impact Media. AdvertisementThe global data clean room market has accelerated in the last two years. The report found that these companies, on average, spent $879,000 on data clean room tech in 2022.
Persons: , influencers, Kamakshi Sivaramakrishnan, Samooha, AdExchanger, Sivaramakrishnan, Snowflake, Bill Stratton, Snowflake's, Time Warner, Stratton, it's, Wayne Blodwell, Sridhar Ramaswamy Organizations: Service, Business, Amazon Web Services, Microsoft, Snowflake Ventures, LinkedIn, Google, Time, Impact Media, Deloitte Digital Locations: Snowflake, Samooha
McKinsey sent memos to some staff that the clock is ticking for a promotion, Bloomberg reported. The consulting business is rough right now as business dries up. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Consulting firm Deloitte embarked on a massive overhaul of its global operations to cut costs. "We have always maintained a high bar for performance and for attracting and developing exceptional people," a spokesperson for McKinsey told Business Insider by email.
Persons: Organizations: McKinsey, Bloomberg, Service, Management, McKinsey & Co, Accenture, Deloitte Locations: North America
All of this has given rise to climate adaptation, a sector that aims to mitigate against and adapt to the risks associated with climate change. For James Brennan and Navjit Sagoo, two of the scientists behind climate risk analytics startup Climate X, it is imperative that adaption efforts go hand in hand with those working to curb rising temperatures. Indeed, Bank of America analysts predicted the climate adaptation industry would be worth $2 trillion a year by 2026. Climate X made its calculations based on the UN's Intergovernmental Panel on Climate Change's RCP8.5 scenario, which has been deemed to be a "very high" baseline for emissions. Mike Segar/ReutersAll hands on deckThe need for climate adaptation is clear but often overlooked until an extreme weather event occurs, according to Landesman and Chaudhury.
Persons: , James Brennan, Navjit Sagoo, Abrar Chaudhury, Autarc, Bill Gates, Tucker Landesman, Helge Jørgensen, Mike Segar, Brennan, Sagoo Organizations: Service, Business, Bank of America, Climate, X, Deloitte, University of Oxford's, Business School, New York Times, New, London, Fabian Society, Tech, Breakthrough Energy Ventures, Goldman Sachs, Management, Air, International Institute for Environment, Development Locations: London, New York City, New York, California, Autarc , Massachusetts, Medellin, Colombia, Europe, PitchBook, Mamaroneck, Westchester County , New York, U.S
The big storyRetirement crisisart-4-art/Getty Images; Adobe Firefly; Jenny Chang-Rodriguez/BIWhat was once a natural part of the American dream — retirement — is now a luxury many workers can't afford. All of that combines to form a growing, and increasingly bleak, American retirement crisis. Plus, some who do leave work early end up regretting it . AdvertisementWhile early retirement isn't for everyone, retirement at its most basic level — leaving work after most of our adult lives — should be. The notion that people who've done everything they were supposed to, and still can't retire, points to major problems in the system at large.
Persons: , Jordan Parker Erb, Dan DeFrancesco, Haven't, Jenny Chang, Rodriguez, they've, Juliana Kaplan, doesn't, Juliana, who's, she's, Alounthong, Getty, Klaus Vedfelt, Tyler Le, Zers, millennials, Warren Buffett's, Buffett, Sam Bankman, Daniel Jurman, it's, Rebecca Zisser, Elon Musk, Donald Trump, Hallam Bullock, George Glover, Grace Lett, Lisa Ryan Organizations: Service, Business, Pensions, Social Security, Prosecutors, BI, Apple, Accenture, Deloitte, Google Locations: America, India, China, American, New York, London, Chicago
Major consulting firms are seeing demand for their services slow. AdvertisementAccenture said in its quarterly report that consulting revenue for the second fiscal quarter, which ended on February 29, fell about 3% compared to 2023. Major consulting firms across the board are facing waning demand from clients. Some consulting firms are surviving the slowdown by reorganizing. AdvertisementDespite all the doom and gloom , one bright spot for consulting firms is the promise of AI.
Persons: , Julie Sweet, Joe Ucuzoglu Organizations: Consulting, Accenture, Deloitte, Service, Financial
Entertainment companies face a Gen-Z problem as they bet their futures on streaming. Young people prefer social video over TV shows and movies, new Deloitte research found. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Discovery have a looming Gen-Z problem as they bet their futures on streaming. They're spending billions to replicate the TV model with streamers, but their future customers may not want what they're selling.
Persons: They're, , Gen Organizations: Deloitte, Service, Entertainment, Disney, Warner Bros, Business
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAs more companies issue return-to-office mandates, it's opened up discussions around people lacking office etiquette — from what they eat in the office to how they converse with colleagues. Myka Meier runs US-based firm Beaumont Etiquette , which offers etiquette courses for companies and individuals to learn soft skills like communication, dining etiquette, and how to dress for work, among other things. Gen Z is struggling with communication skillsSome Gen Z workers are struggling with soft skills like communication. Advertisement"You have to educate yourself — all etiquette is, is being kind and respectful to other people and putting others first."
Persons: , it's, Myka Meier, Meier, Gen Z, Longhua Liao, Zers, that's Organizations: Service, Business, Fortune, KPMG, Deloitte
After that, they offered me a job teaching high schoolers biology for two years at a public school in Baltimore. They helped me highlight my transferable skills on my résumé, such as my leadership skills, public speaking and using tools such as PowerPoint and my initiative. I landed an interview for a job working as a government contractor. In preparation, I copied out my résumé and highlighted transferable skills for the role. I worked in the contractor role for eight months until I saw a job I wanted at Deloitte.
Persons: , Amina Ahmed, I'd Organizations: Service, Business, Big, Deloitte Locations: Virginia, Baltimore, Washington , DC
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
That was a far steeper decline than the overall venture funding market, which declined 38% in 2023, the report said. (The report was based on data from Crunchbase, which Alignment Growth is an investor in.) Investors have been flocking to AI, live entertainment, and sports. Sports M&A nearly tripled in three years to $27.9 billion in 2023, driven by deals for team franchises, the Alignment Growth report showed. High ticket prices for live entertainment could dampen attendance, especially if consumer confidence takes a hit.
Persons: Wade Holden, Anthony Jasenski, CBRE's, Jasenski, haven't, IATSE, Alex Iosilevich, Schlogel, Craig Thompson Organizations: Venture, Business, Disney, Warner Bros, Global, P Global Market Intelligence, Blackstone, Bain Capital Real, Deloitte, Teamsters, Hollywood, Investors, Sports, Atwater, Mindspring Capital Locations: Hollywood, Crunchbase, Americas, OpenAI
SINGAPORE – Asia-Pacific's tech sector has been growing on the back of the semiconductor boom even as other industries struggle amid global macro uncertainty, according to investment bank JPMorgan. "Tech has been recovering, that's why Asia has done reasonably well in the second half of last year. China industry benefited, North Asia obviously benefited more from it," Bruce Kasman, chief economist at JPMorgan said in a media briefing on Tuesday. Global tech spending weakened in 2023 while layoffs rose, said Deloitte in a report on tech industry's 2024 outlook. The recovery in tech is significant as other industries are still struggling.
Persons: Bruce Kasman, Deloitte, Ong Sin Beng Organizations: JPMorgan, Tech, Global, Deloitte, Nvidia Locations: SINGAPORE – Asia, that's, Asia, China, North Asia, U.S
Win Mcnamee | Getty Images News | Getty Images'A sensible rule to protect investors'"Climate risk is financial risk," Elizabeth Derbes, director of financial regulation and climate risk for the Natural Resources Defense Council, said in a written statement. "This is a sensible rule to protect investors: it gives them access to clear, comparable, relevant information on the measures companies are taking to manage climate risks and opportunities," Derbes said. Overall, transparency around climate risk may be essential for investors to gauge if a company's stock is worth holding or if its stock price is reasonable, experts said — for example, is it too expensive given high exposure to climate risk, or perhaps fairly priced considering it's well positioned? For many businesses, Scope 3 emissions account for more than 70% of their carbon footprint, Deloitte estimates. Instead, the final rule will require companies require Scope 1 and 2 emissions if they're deemed material to investors.
Persons: Gary Gensler, Win Mcnamee, Elizabeth Derbes, Derbes, Rachel Curley Organizations: Securities, Exchange, Getty, Natural Resources Defense, U.S . Sustainable Investment Forum, CNBC, Deloitte Locations: U.S
Climate disclosures would be made in annual filings companies make to the SEC, such as a Form 10-K, and in registration statements filed before an initial public offering. "I think climate disclosures have largely become table stakes for the investment community," said Lindsey Stewart, director of investment stewardship research at Morningstar. Current climate disclosures are 'uncommon'Ships on the Panama Canal on August 21, 2023. Shipping experts fear such events could become the new normal as rainfall shortfalls highlight climate risks. The SEC proposal outlined three tiers of emissions disclosures: Scopes 1, 2 and 3.
Persons: Gary Gensler, Win Mcnamee, , Lindsey Stewart, Daniel Gonzalez, Stewart, They'd, Rachel Curley, Hurricane Idalia, Christian Monterrosa, Cowen, Patrick McHenry, Sen, Tim Scott, Bill Huizenga, Chris Ratcliffe, They're Organizations: Securities, Exchange, Financial Services, General, Getty, The Securities, Exchange Commission, SEC, Morningstar, Panama Canal Authority, Shipping, Anadolu Agency, P Global, Corporations, U.S . Sustainable Investment, Hurricane, Bloomberg, Republicans, Economic, Deloitte Locations: Washington, Panama, U.S, Cedar Key , Florida, R
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
The demand for Nvidia's AI chips could bolster job growth across the semiconductor industry. It could also help bring more semiconductor chip manufacturing stateside and reduce the US's reliance on Taiwan — which remains vulnerable to Chinese invasion that would wreak havoc on the global economy. AdvertisementEven without the AI boom, the semiconductor industry was already poised for big job gains in the near future. Of the 115,000 US new semiconductor jobs the Semiconductor Industry Association is projecting by 2030, it said roughly 67,000 of these positions risk going unfilled given current college degree completion rates. In an effort to prevent a worker shortage, community colleges and universities across the country have partnered with semiconductor companies.
Persons: , Pat Gelsinger, It's, who've, TSMC, Syed Alam, Ed Kaste, GlobalFoundries, Mark Muro, Muro, Jensen Huang, hasn't, Dylan Patel, SemiAnalysis, Patel, Accenture's Alam, Alam Organizations: Nvidia, TSMC, Service, Deloitte, Semiconductor Industry Association, Accenture, Meta, Intel, AMD, Brookings Institution, Samsung, Google, IBM, Lam Research, Materials, KLA Corporation Locations: Taiwan, Arizona
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