Weekly News Wrap

This week: The glass cliff at Boeing, the women working to keep Trump out of office, the era of the "soft girl," and more.

Happy Women’s History Month! To mark the occasion, here are nine history-making women you’ve never heard of. Meanwhile, on the rise this week:

Business and Tech
  • Boeing promoted two women into key leadership positions overseeing the ill-fated 737 Max program, prompting some to voice concerns about the glass cliff effect.

  • Oprah Winfrey announced plans to step down from the board of WeightWatchers, causing its stock price to fall 18%, another blow for the company as it contends with financial losses and rising competition from weight loss drugs.

  • Jane Fraser, CEO of Citigroup got a 6% pay raise, putting her total compensation at a whopping $26 million. Still, as the only woman to lead a major US bank, her salary is the lowest among her peers

  • Google rolled back its AI image generator, Gemini, after attempts to correct for racial and gender bias backfired when the tool produced images of a Black Nazi and a woman pope.

  • Apple scrapped its multi-billion dollar initiative to enter the electric vehicle market. Here’s why women are less likely to own an EV than men

Politics
  • The aftermath of the polarizing Alabama embryo ruling continued. Republican lawmakers in Florida halted progress on a bill granting protections to any "unborn child” following warnings that it could harm women’s reproductive rights.

  • But at the same time, a Republican senator blocked the quick passage of a bill that would establish federal protections for IVF and other fertility treatments.

  • Nikki Haley lost to Donald Trump in the Michigan primary, but her continued campaign may be exposing the former president’s weaknesses. Plus, criticism of Haley could be alienating Republican women in the party.

  • These three women worked for the Trump administration. Now, they’ve banded together to keep him from returning to office.

  • The Senate passed a short-term spending deal to prevent the looming government shutdown. Here’s how Shalanda Young, director of the White House Office of Management and Budget, has been a key player in spending deals with Congress

Economy
  • Black women face outsized barriers to building generational wealth, a new study underscored. They’re more likely to owe student debt and less likely to have retirement savings or own homes.

Healthcare
  • Women today experience hot flashes earlier than those in prior generations, and scientists believe a range of emotional, societal, and genetic factors are to blame.

  • According to a new study, the number of abortions performed in the U.S. each month is "similar if not higher" than it was before the overturn of Roe v. Wade in June 2022.

  • Brazilian women are traveling across Latin America to get abortions, seeking care in countries like Mexico, Argentina, and Colombia that have legalized or de-criminalized the procedure.

Sports
  • College basketball star Caitlin Clark will enter the 2024 WNBA draft, foregoing her final year in the NCAA.

  • The first Latin American women’s professional softball league launched in Mexico. The inaugural season began on January 25, marking a milestone for women’s sports in the region.

Culture
  • The era of the “girlboss” is over and the “soft girl” has arrived, but this emerging social media trend could be reinforcing old-fashioned gender stereotypes.

  • A woman in Texas, Elizabeth Francis, has become the oldest living American at nearly 115 years old

  • The Bodacious Belles, a performing group of retired women, demonstrate the importance of strong friendships for an aging demographic

Further Reading

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Photo: National Women's Party demonstration in front of the White House in 1918 / Shutterstock.

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