• Tim Knox/eyevine/Redux

    Sad Spectacle

    Can We Trust the NYT After Abramson?

    The paper and its former executive editor have been spinning furiously since her abrupt dismissal, and the paper has been left diminished by the spectacle.

    The hot mess that is the divorce between The New York Times and now-former executive editor Jill Abramson is a classic case of he said, she said.

    The “he” is Times publisher Arthur Sulzberger Jr. “She,” of course, is Ms. Abramson. And if you’ve watched cable news or been on Twitter in the past 72 hours, it is abundantly clear she’s winning the spin war. But it’s unsettling that the most esteemed newspaper in the world and the woman who once ran it are spinning so furiously. And that casts a new light on the way The New York Times goes about the business of reporting the news on a day-to-day basis.

  • Stephen Jaffe/IMF, via Getty

    Woman Power

    Christine Lagarde’s Tightrope Act

    The International Monetary Fund chief runs the famously bureaucratic organization in a collegial fashion even as she challenges orthodoxy. On the eve of her appearance at the Women in the World summit, Daniel Gross explains the critical role she plays in the global economy.

    The 21st century dispute between Europe and Russia over the Crimea won’t include another Charge of the Light Brigade. But the financial cavalry did come riding to the rescue, in the form of the International Monetary Fund.

    In late March, the IMF agreed to offer between $14 billion and $18 billion of funding and support to Ukraine’s government, as it attempts to wean itself from the cheap financing and energy that Russia had used to keep the former Ukrainian government firmly in its thrall.

  • Mark Lennihan/AP, Mark Lennihan


    The ‘Money Honey’ Moves On

    Maria Bartiromo is about to unveil her new show on Fox News—but not before saying what went wrong at CNBC.

    The “Money Honey” may have moved across the street--from CNBC to Fox--but she’s still the same hyper-competitive, no-nonsense, Brooklyn-born business enthusiast that viewers have come to know as Maria Bartiromo.

    “I’m not changing,” the 46-year-old financial news luminary told me on Thursday as she rode back from a sit-down with Ken Frazier, the chairman and CEO of the Merck pharmaceutical empire in the wilds of northern New Jersey. “I’ve always been competitive when it comes to interviews, and I intend to remain the same person.”

  • Daniel Roland/AFP via Getty


    GM's Female CEO Gets 60% Raise

    Over her male predecessor.

    Give or take $10 million. General Motors CEO Mary Barra will be earning a salary and stock options that total about $14.4 million this year, as opposed to earlier numbers that showed the company's first female CEO was making half of her predecessor's compensation. Dan Akerson, who retired in January, earned about $9 million as CEO last year. On Monday, GM released full figures "to correct misperceptions created by comparisons that used only a portion of Barra's overall compensation."

    Read it at Detroit Free Press
  • Getty, OJO Images


    Women Make More in Part-Time Pay

    But that’s not good news.

    When it comes to part time jobs, women seem to be making it out on top—but don’t start cheering yet. Female part-time workers earned $10 more in median weekly salaries than their male counterparts did in 2012, according to a new study from the U.S. Bureau of Labor Statistics. Although, in hindsight there may be a reasonable explanation as to why women earn more than men, as many women who take part time jobs are usually those who cut their hours after starting a family. The theory seems to be true: in 2012, 43 percent of men who had part-time jobs were 16 to 24 years old, compared with 29 percent of women.

  • lululemon athletica/Facebook


    Lululemon Founder: Sheer Pants Your Own Fault

    “Some women's bodies just actually don't work.”

    Ever wonder why some women’s backsides can be seen in sweatpants? Don’t blame the pants, blame women’s pants—at least that’s according to Lululemon founder, Chip Wilson. The athletic apparel company, Lululemon, sparked controversy six months ago when its stock took a beating due to news that too much of some women's backsides could be seen through the brand’s yoga pants. While trying to explain the reason for the sheer pants fiasco, Wilson told Bloomberg Television’s Street Smart, “Quite frankly, some women's bodies just actually don't work.” He went on to explain himself by stating, “It’s about the rubbing through the thighs, how much pressure is there.”

  • Hocus Focus Studio/Getty


    The Disconnected Executive

    Everybody expects their colleagues to be constantly connected. Beth Comstock, who runs marketing for one of the world’s biggest corporations—General Electric—says unplugging is vital to managing effectively.

    By now, it’s common for executives to feel overconnected. If the sun never sets on your business empire, it’s unlikely that your smartphone ever goes dark. Being constantly available projects an image of productivity to colleagues—who doesn’t feel gratified when a late night email is returned within minutes? But, over time, it reduces our communications to their most basic and transactional. As most of us already know intuitively, it also kills our creativity. While shedding our devices is an appealing idea, it’s a practical impossibility for most of us. So, when I’m thinking of a critical project at General Electric, I practice what I call selective disconnection.

    Over the years, I’ve learned that being disconnected is not the same as being on vacation; it’s another form of productivity. Not only does it improve people’s sense of work-life balance, as Harvard Business School Leslie Perlow showed in her study of smartphone-addicted consultants, Sleeping With Your Smartphone it also helps nurture new ideas. GE pioneered processes such as Six Sigma to institutionalize excellence, but innovation demands that we constantly develop fresh approaches. And that requires space and time to think—sometimes in a group, but oftentimes alone. Or as far away as possible from distracting emails and texts.  Sometimes, the best place for that is 38,000 feet over the Pacific or at the local library, with my devices at a safe distance from me, or better yet, unable to get a signal.

  • Samir Hussein/Getty for International Herald Tribune


    Apple Hires Burberry CEO

    To run retail and online stores.

    The mass exodus from Burberry continues. CEO Angela Ahrendts is leaving for Apple, with Christopher Bailey succeeding her at the helm of the fashion company. Ahrendts, who is credited with Burberry’s digital success, will become Apple’s senior vice president of retail and online stores, reporting to Tim Cook. Bailey, meanwhile, will retain his role as chief creative officer as well as CEO. The upheaval caused Burberry’s stock to drop 6.4 percent in London, the steepest decline on FTSE. Looking back at 10 years of transforming Burberry into a hip, young brand, Ahrendts is “going out on a high,” said analyst Rahul Sharma.

    Read it at Bloomberg News
  • Alex Brandon/AP


    There Could Be a Hollywood Hillary Movie

    Called “Rodham.”

    NBC and CNN couldn’t do it, but Hollywood wants to take on Hillary Clinton. A real, feature film—titled Rodham—about the former Secretary of State has quietly been moving forward, The New York Times reports on Wednesday. The film is considered to be a much more personal look at Clinton and will focus on her years as a young lawyer during the Watergate era. The film is based on a script by screenwriter Young Il Kim, and is set to be directed by James Ponsoldt, the director of this summer's The Spectacular Now. Given that Clinton’s allies allegedly helped kill the other two projects, Rodham’s creators are hoping it will succeed since it focuses on an earlier point in her life.

    Read it at The New York Times
  • Getty

    Femme Finance

    How Women Cracked the C-Suite

    Stanford researchers learn from the lives of the first women to head Fortune 250 companies.

    How do women reach the top in Fortune 250 companies? To tackle the question of female underrepresentation in corporate leadership—as of 2012, only 14 percent of executive officers at top companies were women—researchers at the Stanford Graduate School of Business studied the lives of 35 women who became the first female directors of top publicly traded companies. Their subjects ranged from Clara Abbott, whose husband founded Abbott Laboratories and who first served on the company’s board in 1900, to Marian Heiskell, sister of New York Times publisher Arthur Ochs Sulzberger, who was a conservationist and philanthropist as well as the first female director of both Merck and Ford Motor. Researchers David Larcker and Brian Tayan found that, compared to their historic predecessors, twice as many of today’s female board members have had prior executive experience before reaching their current positions. Comparatively, significantly more of the study’s 35 historic subjects came to corporate leadership after careers in consulting, law, and academia. The authors suggest that this change reflects “increased professional opportunities in today’s corporations,” but say that women in business still have a lot to learn from the pioneers who preceded them.

  • watch out, boomers

    Millennials Are Taking Over Managerial Roles

    More rapidly than older generations.

    Your office managers were more likely raised on the Backstreet Boys than the Beatles. A new study released Tuesday by Ernst & Young, found that millennials (ages 18 to 32) are moving into management positions much faster than Generation X (ages 33 to 48) or baby boomers (ages 49 to 67). Between 2008 and 2013, 87 percent of millenial managers took on their managerial role, while only 38 percent of Gen X managers and 30 percent of baby boomers did the same. In the five years previous, the statistics were nearly reversed, with Gen X and baby boomers leading the charge. However, the study participants viewed the two older generations as more likely to manage effectively than the youngers.

  • Jason Butcher Photography/Corbis


    Study: Women Worry Too Much About Work

    But this is good news, apparently.

    Female executives are worrying too much, according to a recent study by the CDR Assessment Group—but that’s a good thing, apparently. The president of CDR, Nancy E. Parsons, writes that now that companies know what is holding women back, they can work to avoid it. Female leaders are losing ground due to excessive worrying, such as overanalyzing.  There are 11 risk factors that can undermine performance, some associated with women (avoiding adversity, overanalyzing) and others associated with men (egotism, rule breakers). But it ends up resulting in more difficulty for women—since the male risk factors can be associated with being “fighters” and they often aggressively win the day. Women have to fight the perception of their behavior as weak to succeed, Parsons writes.

  • Dr. Pepper, via Slate


    Companies Want More ‘Masculine’ Marketing

    "Diet's kinda girly."

    A not-quite-so-new phenomenon described as “gender contamination”—the idea that when women flock to a product, men flee—is now hitting the marketing industry with full force. According to Slate, “Part of the reason this approach works so well is that men, apparently, don't want to buy stuff strongly associated with women.” The reluctance to buy products marketed specifically toward women is most clearly exhibited in Dr. Pepper's recent ad for Dr. Pepper Ten, featuring the tagline: “the manliest low-calorie soda in the history of mankind.” As one Dr. Pepper executive said, “Diet's kinda girly.” Earlier in the year, Sergey Brin of Google gave a talk for TED that criticized smartphones for being “emasculating.” And in an earlier example, an ad for Verizon's Motorola Droid painted the iPhone as “a tiara wearing, digitally clueless beauty pageant queen, a precious porcelain figurine of a phone and a princess.”