The numbers have been pathetic for years, but now with Bartz out only 2.8% of the 500 largest companies in the U.S. are run by women. That’s ridiculous. Seen another way, men run 97.2% of our biggest companies.
A lot of fearmongering in the media has Americans concerned that all our goods are imported from China. But is that really true? GOOD’s new business editor, Tim Fernholz, calls bullshit:
While Chinese goods seem ubiquitous, especially given America’s economic woes, the reality is that imports from the country are a relatively small part of the economy: A total of 88.5 percent of consumer spending in the United States is on items made here, with only 2.7 percent spent on “Made in China” goods, according to new research from the Federal Reserve Bank of San Francisco:
AOL, even after its spinoff from Time Warner in 2009, remains a public company. So why did it pay almost completely in cash? (Just $15 million of the transaction is in stock.) Because while AOL clearly believes fully in The Huffington Post, Arianna and her squad just as clearly don’t believe fully in AOL.
The company raised a record $950 million from big investors, and has been discussing a public offering with bankers. Groupon is expected to make its public offering sometime this spring. After rejecting the offer from Google, Groupon has become one of the most-talked-about public offerings out there.
Today’s NYC deal: totally worth it.