SaveSave story

Levine: All-male leadership should involve women in company decisions

Instagram's Marne Levine
Marne Levine attends a panel discussion in New York. Photo: J. Kempin/Getty Images

An all-male founding team is no excuse for excluding women — they can find other female senior employees to include in their decision-making, Instagram COO Marne Levine said at SXSW.

Why it matters: Women still make up a small portion of the tech workforce, as well as leadership positions in business and other industries. That also means a lack of diversity in perspectives and ideas, which has been shown to make for better-run businesses.

It’s really important to make sure that there are ways to elevate other voices... That means going out of rank and bringing people into those conversations. We looked at different ways, other just going by seniority.
— Marne Levine

Differences in how men and women perceive each other and the issues is also important:

  • "What is different is the perception of women asking for promotions and raises” compared to when men do it, said Airbnb COO Belinda Johnson.
  • If there’s a perception among men that the problem of gender parity or sexism is fixed, then they won’t continue to make efforts, said Axios EVP Evan Ryan of men's tendency to believe there is equality in the workplace.

As for some men's apprehension in being around female colleagues alone, "my attitude is 'take on her on the business trip, just don’t go up to her room and harass her,'” said former President Obama senior advisor Valerie Jarrett.

The story has been updated with additional quotes.

SaveSave story

Where Trump's steel and aluminum trade war will hit first

Note: Includes only products under the "Iron & Steel & Ferroalloy" and "Alumina & Aluminum & Processing" NAICS commodity classifications. Data: Census Bureau; Chart: Chris Canipe and Lazaro Gamio / Axios

The Trump administration has begun imposing tariffs on imports of steel and aluminum, but several countries are exempted temporarily until May 1, as shown in the chart above. The administration may still apply quotas on exempted countries to prevent a flood of foreign steel and aluminum in the U.S. market, per the White House.

Why it matters: After railroading past a number of his advisors, Trump announced the tariffs on imports of steel (at 25%) and aluminum (at 10%) earlier this month, citing national security concerns. But with the exemption noted above, the tariffs won't carry major bite, at least to start.

Alexi McCammond 14 hours ago
SaveSave story

Trump signs spending bill despite veto threat

Photo: Mark Wilson/Getty Images

President Trump announced that he has signed the $1.3 trillion spending bill that passed Congress last night "as a matter of national security," citing the bill's increase in defense spending, even though he threatened to veto earlier today. "My highest duty is to keep America safe," Trump said. He said he's disappointed in most of the bill.

Key quote: "I will never sign another bill like this again. I'm not going to do it again. Nobody read it. It's only hours old."