By Liza Jansen, CNBC.com
New research suggests that companies feeling the pain of the economic downturn might need a woman's touch.
Large companies with at least one women on the board do better than those with all male boards, a report by Credit Suisse found.
Credit Suisse analyzed more than 2,500 companies and found that companies with more than one woman on the board have outperformed those with no women on the board by 26 percent since 2005.
"Introducing women to a group of men changes their behavior and makes them focus more. Companies with more women on the board tend to be closer to the consumer and have a better sense as to what is going on in their product markets," Michael O'Sullivan, UK research and global portfolio analysis managing director at Credit Suisse Private Bank, told CNBC.
O'Sullivan said: "We're used to governments telling companies they need to have a certain quota of women on the board. That debate is now moving on to performance and how decisions are made
Blog Posts by CNBC
By Liza Jansen, CNBC.comRead More »from Why Women Make Boardrooms Better
By Colleen Kane, CNBC.comRead More »from 10 Female Fugitives Wanted by the FBI
The FBI's most wanted list is exclusively male, and the vast majority of the other fugitives on its website are also men. Women fugitives do appear on the agency's website, mostly in parental kidnapping cases, but also in murder, domestic terrorism, white collar crime and violent crime cases. Bounties for women fugitives range up to $1 million. Read on to learn what some of these women did … and see if any of them look familiar.
Julieanne Baldueza DimitrionJulieanne Baldueza Dimitrion
Wanted for white collar crimes
Missing since: July 6, 2010
Reward: up to $10,000
In February 2010, Julieanne Baldueza Dimitrion, 39, and her husband, John Dimitrion, were indicted on mortgage fraud charges. They pleaded guilty to operating a real estate fraud scheme that involved using money from distressed homeowners to fund their own lifestyles, after promising they would invest it. Her lifestyle "investments" included expensive clothing, high-end lingerie, designer purses and shoes,
- CNBC | Work + Money – Fri, Jul 27, 2012 11:44 AM EDT
By Cindy Perman, CNBC.comRead More »from Calling in Sick This Summer? Make it Food Poisoning
Is it me or does this summertime weather make you feel like calling in sick?
And .. send! AWESOME. He bought it. I am officially sick for the rest of the day! Outside of the wintertime - right after the holidays when everyone needs a break - summer is the time that "fake sick days" go up the most.
Nearly 20 percent of workers admitted they call in sick at least once per summer just to "enjoy the beautiful summer weather," according to a recent survey by Monster.com.
And those are just the ones who admitted it - to a job-finder web site!
"Maybe for some people, the temptation is just too much!" said Steve Langerud, director of professional opportunities at DePauw University and a workplace consultant. "There's an art festival or something going on, or maybe people just want to go to the beach or have a project to do at home."
[Related link: Are You Calling In Sick Too Much?]
Langerud, who does not endorse the fake sick day, cautions that doing so is a LOT riskier in summer than in winter. The reason? In the winter, you're more likely
- CNBC | Work + Money – Thu, Jul 26, 2012 4:20 PM EDT
By Paul O'Donnell, CNBC.comRead More »from Americans Would Rather Save for Vacation Than Kids' College
Despite the economic slowdown, more Americans are saving up for a new car or big vacation than putting money away for their kids' college education, according to a survey released this week by America's financial planners.
. "People today may be more inclined to put their economic security at risk to 'keep up with the Joneses'," the report reads. "The only area where families are more prone to save [than 15 years ago] is toward a major purchase, like a new car, vacation, or home improvement project."
The survey, from the Certified Financial Planners Board of Standards and the Consumer Federation of America, compared attitudes about household finances today with sentiments in 1997, when the United States was enjoying an extended stock-market boom.
Specifically, 60 percent of respondents are saving for a major purchase today, compared with 52 percent in 1997.
[Related link: How to Retire in Costa Rica]
Despite the soaring cost of a college education,
By Robert Frank, CNBC.comRead More »from Affluent Women Say Rich Don’t Pay 'Fair Share'
Wealthy women and wealthy men sometimes have very different perspectives. Surveys of the wealthy usually study them as a single group. But wealthy women and wealthy men sometimes have very different perspectives - especially when it comes to the social impacts of wealth.
A new survey from Spectrem Group finds that 40 percent of affluent women surveyed (those with investible assets of more than $100,000) agreed with the statement that "inequality is a problem and that the wealthy don't pay their fair share."
[Related link: Most Expensive States to Live In]
Only 29 percent of men agreed with the same statement.
The issue generated more predictable responses when viewed by wealth level. A quarter of people with investible assets of $1 million or more thought the wealthy don't pay their fair share. That compares with 37 percent for people with investible assets of between $100,000 and $500,000.
Nearly a third of the millionaires agreed with the statement that inequality is not a problem and that "wealthy Americans pay taxes,
- CNBC | Back To School – Tue, Jul 24, 2012 1:45 PM EDT
By Christina Cheddar Berk, CNBC.comRead More »from Ready for a Back-to-School Buying Binge? Women Are
Consumers - especially women - are ready and willing to spend this back-to-school season, they are just holding out for bigger deals, according to IBM's third-quarter spending forecast.
So-called skinny tights are expected to be a hot item for the fall, according to social media chatter studied by IBM. "Consumers are ready to shop," insists Jill Puleri, global retail leader for IBM Global Business Services. She expects shoppers to buy the things they need now, and then earmark other products for purchase later in the season when they expect they will get them on the cheap.
"Consumers have been trained to wait for better deals later in the season," she said. But if IBM's forecast holds true, buy they will.
[Related link: Parents Shift Spending to Cope With Back-to-School Costs]
IBM is expecting to see a 9.2 percent increase in sales of women's clothing in the third-quarter, as women release some of the pent-up demand that has been building. Sales of men's apparel had been strong earlier in the year, but now that the men have replenished their closets, it's time
By Katie Little, CNBC.comRead More »from Fashion Week: New Swimsuit Styles from Miami
Some like it hot - especially women's swimwear designers.
For the eighth year, thousands of fashion industry pros and onlookers migrated to Miami Beach to check out the latest in "barely there" attire during Mercedes-Benz Fashion Week Swim. The show, which is one of the largest swimwear trade shows, ran from July 19 to July 23.
Although the bathing suits may be skimpy, the stakes are not. Women's swimwear sales are projected to grow to $2.9 billion this year while total U.S. swimwear sales are expected to hit $4.2 billion, according to forecasts from market research firm NPD Group.
"For designers, group shows offer turn-key production and public relations elements," said Christina Neault, executive producer of IMG Fashion. "For buyers and media in attendance, it allows them to see three or four designers within one show."
This year, color continued to dominate the runway as models strutted down the catwalk in intricate patterns,
By Liza Jansen, Special for CNBC.comRead More »from Olympic Shoes, but Not as You Know Them
They're not for running. You'll probably struggle to power walk in them. But who said the London Olympics were just about sports?
A pair of Aruna Seth black Swarovski wedges covered in over 3,000 crystals and the colours and rings inspired by the Olympic symbol. Aruna Seth has crafted ten pairs of "Olympic inspired shoes" especially for the 2012 London Olympics. The crystal-studded heels could have some shoe fanatics more excited about the Olympics than ever before.
The British Company created a "Swarovski rings"-pair, which is covered in over 3,000 crystals and the colors and rings inspired by the Olympic symbol, which Seth thinks is the "most prominent part of the Olympics." She also designed a set of butterfly platform style shoes in bronze, silver and gold, inspired by the Olympic medals.
The shoes will cost 3,000 pounds (around $4,212) and were handcrafted in Venice, Italy as that is the "best place to make women's shoes," Seth said.
The 'British collector's item' for shoe-lovers, as the shoes are hailed, are currently on display at luxury departmens store Harrods in
- CNBC | secrets-to-your-success – Wed, Jul 18, 2012 3:56 PM EDT
By Paul O'Donnell, CNBC.comRead More »from More Women Are Breadwinners? It's Complicated
53 percent of women were the financial anchor in their households. The headlines coming out of Prudential Financial's most recent study of women and money are tinged with feminine pride: "More Than Half of American Women Are Breadwinners," crowed a typical article last week.
But behind the triumphant banners was the news that women's relationships with their finances remain troubled in some familiar ways.
The study's news nugget - that 53 percent of women were the financial anchor in their households - has a nice ring to it, and tracks with other evidence that women are slowly coming into their own in the world of paid work.
[Related link: Guys, Would You Stress Over a Millionaire Wife?]
Pru's researchers say, however, that women had become the primary income producers by default: Many of the women surveyed were single, and among those married or living with someone, only 22 percent were the breadwinner. Thirty percent were the top earner, the data suggest, because their husband or partner had lost a job.
By Christina Cheddar Berk, CNBC.comRead More »from Empty Backpacks for Back-to-School Season?
Estimates for the back-to-school shopping season are starting to come in and some of the reports are pretty grim, as analysts fear recent weakness in consumer spending will only grow worse in the months ahead.
"I think it's kind of data point upon data point, and nothing is coming up roses," Citigroup analyst Deborah Weinswig told CNBC, citing signs that the weak consumer spending that began in the late springtime has worsened in recent weeks.
As a result, Weinswig lowered earnings estimates for some retailers during the back-to-school selling season, which is the second busiest time for retailers after the Christmas holiday season.
Weinswig's call came in the wake of Monday's report that U.S. retail sales fell for a third straight month in June as demand for everything from cars to electronics to building materials slowed. That report, combined with three months of weak monthly same-store sales reports from retail chains, weak store traffic and