Podcast: The WNBA’s meteoric rise

Plus great weekend reads from Businessweek ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Welcome to the Saturday edition of Businessweek Daily, featuring the Everybody’s Business podcast. Let us know what you think by emailing the editor. If this newsletter was forwarded to you, click here to sign up. This year hasn’t been great so far for gender equity — the pay gap has been growing. According to the most recent data from the US Census Bureau, women working full time earn about 81¢ for every dollar men earn. That’s down from 83¢ a year ago. (Let’s not talk about the difference between Elon Musk and Gwynne Shotwell at SpaceX.) But there’s one profession that saw major gains in pay equity: professional basketball. After a landmark negotiation, WNBA players saw their earnings skyrocket, including a groundbreaking revenue-sharing deal with the league and a minimum salary for players that more than quadrupled. This week on the Everybody’s Business podcast, hosts Stacey Vanek Smith and Max Chafkin talk with Bloomberg Businessweek contributor Megan Greenwell about the meteoric rise of the Women’s National Basketball Association as it kicks off what promises to be its biggest season yet. Plus, Puck fashion correspondent Lauren Sherman joins Max and Stacey to break down her latest scoop: Fast-fashion giant Shein has acquired direct-to-consumer pioneer Everlane for $100 million. What does an opaque e-commerce behemoth want with a brand that built its name on “radical transparency”? Lauren unpacks the corporate irony and offers sanity-saving shopping advice. Listen and subscribe on Apple, Spotify, iHeart and the Bloomberg Terminal. Everybody's Business Is That Shirt Worth $100 Million? More Weekend Reads In one corner of Charlotte, North Carolina, foot traffic and sales remain depressed six months after ICE deportation raids. Artificial intelligence may be a fantastic long-term investment, but today’s frothy atmosphere increases the chances of real pain along the way. OpenAI and rival Anthropic have zeroed in on college campuses as a valuable source of future users. The students are resisting. It’s never been easier to turn a legal grievance into a workable case thanks to AI. Courts are swamped. Can AI drug development live up to the hype? Meta’s desire to build the world’s biggest AI facility has entangled it deeply in Louisiana’s politics, culture and economy. Watch: Inside Meta’s $200 Billion Louisiana Data Center Bet Kentucky Republicans showed they were more loyal to the president than to his agenda in defeating Representative Thomas Massie. Weekend Essay: The world prepared for Ebola. Just not this Ebola Fear of Russia is driving a push to build bunkers in Poland. What happens when someone you love changes their face? Chasing the man who stole the gods: The epic hunt to uncover a global art trafficking conspiracy. Wellness retreats are finding mahjong to be the perfect complement to yoga and meditation. It’s tempting to chalk up the end of The Late Show With Stephen Colbert to politics. But that’s not entirely right. Bloomberg Primer: The Business of Adapting to Flood Risk Play Alphadots! Our daily word puzzle with a plot twist. Today’s clue: Data center? Play now! We’re improving your newsletter experience and we’d love your feedback. If something looks off, help us fine-tune your experience by reporting it here. Follow Us You received this message because you are subscribed to Bloomberg’s Businessweek Daily newsletter. If a friend forwarded you this message, sign up here to get it in your inbox. Unsubscribe Bloomberg.com Contact Us Bloomberg L.P. 731 Lexington Avenue New York, NY 10022 |