This is this week’s ForbesWomen newsletter, which every Thursday brings news about the world’s top female entrepreneurs, leaders and investors straight to your inbox. Click here to get on the newsletter list!
Kim Ng became Major League Baseball’s first-ever female general manager when she took the reins of the Miami Marlins in late 2020. Her dealmaking helped the Marlins secure their most successful full season in two decades this year; the team made it to the playoffs but lost in the Wildcard series to the Philadelphia Phillies earlier this month.
This week, however, the Marlins announced that Ng is stepping away from the organization; the news follows reports that majority owner Bruce Sherman wanted to hire a president of baseball operations who would have decision-making authority over Ng. And as Forbes contributor Lindsey Darvin notes, Ng’s departure might be shocking given her success this season, but “the act of undermining or devaluing women in sports leadership is not.” (There’s data to back this up.)
The good news, writes ForbesWomen senior contributor Kim Elsesser, is that there are signs the MLB hasn’t completely forsaken the idea of female leadership. The San Francisco Giants announced that they interviewed Alyssa Nakken for their open manager position—an interview that is all the more significant considering that Nakken is pregnant and due to give birth right before spring training begins.
Cheers,
Maggie
Featured Forbes Profile: The $5.4 Billion Bey-Swift Effect (And Other Successful Summer Concerts)
Beginning in March and ending in August, Taylor Swift played 56 stadium shows across 20 U.S. cities and Mexico City, grossing more than an estimated $780 million and earning the 33-year-old pop queen an estimated $305 million. Because of the tremendous economic impact concert tours have on cities, Swift and Beyoncé–who pocked an estimated $145 million from her record-breaking Renaissance World Tour this summer—were credited by Morgan Stanley for adding $5.4 billion to the U.S. economy in the third quarter.
ICYMI: News Of The Week
Fleur Hassan-Nahoum, the deputy mayor of Jerusalem and the first Israeli official to visit the United Arab Emirates after the Abraham Accords Declaration was signed in 2020, told Forbes this week that Hamas’ terrorist attack and the subsequent war in Israel and Gaza is “something worse than the Yom Kippur war.”
Patients from a second Yale University medical clinic joined dozens of others in claiming they underwent unnecessarily painful fertility procedures after a nurse stole their medication for personal use and swapped the vials with saline, bringing the total number of patients suing for the painkiller diversion detailed in “The Retrievals” podcast to 74.
Oprah Winfrey suggested Sen. Mitt Romney (R-Utah) join her on a unity ticket during the 2020 presidential election, Axios reported Monday after obtaining an upcoming biography about the politician as he prepares to exit the Senate in 2025.
Early voting has begun on an Ohio ballot measure that will determine the future of abortion rights in the state, marking the biggest fight over reproductive rights in this year’s elections—and potentially signaling how other states could fare next November.
The Checklist
1. Extend empathy. The news coming out of Israel and Gaza can leave many of us at a loss for how best to support our impacted friends and colleagues. The simple acts of showing up, listening, and extending compassion are often the best way forward.
2. Consider cofounder therapy. Couples therapy isn’t just for romantic partners—it can help two cofounders communicate and problem-solve in better ways, too. Here’s how it helped one entrepreneurial pair clear tension and better align on their strategy.
3. Respectfully disagree with your boss. Time spent on workplace conflict has doubled since 2008. While some conflict can be healthy, avoid negative disputes by choosing your battles, remaining flexible, and always backing your opinions up with facts.
The Quiz
A Supreme Court justice said earlier this week that an ethics code for justices would be a “good idea,” following months of reporting on undisclosed trips Justice Clarence Thomas had accepted from a wealthy conservative businessman. Which justice was the latest to support new ethical guidelines?
- Justice Amy Coney Barrett
- Justice Elena Kagan
- Justice Sonia Sotomayor
- Justice Ketanji Brown Jackson
Check your answer.
Liked what you read? Click here to get on the newsletter list!
Read the full article here
