AP PHOTOS: A new bill banning headscarves could keep athletes off the court
PARIS (AP) — Thousands of young Muslim women in France are sidelined from competitive sport because of rules in several disciplines including basketball that ban uniforms and other clothing carrying a religious or political significance. Critics of the rules say they disproportionately target hijab-wearing Muslim athletes. Now, a contentious bill backed by right-wing politicians that would ban headscarves in all sporting competitions has cleared its first legislative hurdle in the Senate.
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an hour ago
- Yahoo
US doubles steel, aluminum tariffs as OECD ministers gather
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Fast Company
an hour ago
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Sarah Spain on the future of sports media and women's leagues
Professional sports is big business—and the stakes have never been higher. Sarah Spain, host of the podcast Good Game With Sarah Spain, longtime ESPN personality, and sports journalist, unpacks what those stakes mean for the leagues, teams, companies, and players involved. From the WNBA's breakthrough to the future of ESPN's streaming to the looming legal settlement that could transform college athletics, sports business is at a crossroads. This is an abridged transcript of an interview from Rapid Response, hosted by the former editor-in-chief of Fast Company Bob Safian. From the team behind the Masters of Scale podcast, Rapid Response features candid conversations with today's top business leaders navigating real-time challenges. Subscribe to Rapid Response wherever you get your podcasts to ensure you never miss an episode. As women's pro sports become more successful, do you worry that it's going to take on some of the toxic qualities of men's pro sports, more aggressive media conversations, bad behavior off the court or off the field? How much is that a looming question that these women's leagues have to sort of grapple with or maybe redefine? Very much. And actually, we saw it last year with Caitlin Clark's entry into the [WNBA]. It was awesome that more people were watching and more people were interested. It also meant talking heads who didn't know the game, weren't watching the games, and certainly didn't understand the intersectionality of women's sports, and how it intersects with race, sexuality, homophobia, misogyny, all those things. And they created damaging and toxic conversations that were actually dangerous to players. There were multiple incidents of players' addresses being sent, and [notes saying] 'I'm going to find you.' Or people showing up in the places the players were and players feeling like they were endangered. Breanna Stewart's wife actually got threats. So I think the attention is great, the investment is great, but what comes with that is an expectation that we'll suddenly turn women's sports into the same as men's. And there's a real gift in it not being the same. There's a real joy in the space feeling different than men's. And I named my show Good Game With Sarah Spain, because originally I wanted to name it The Good Place With Sarah Spain. But that's a TV show, and it would be hard for people to distinguish and find when they looked for it online. But that's how I feel about going to a women's professional sporting event. It's the good place. It is incredibly diverse. It is incredibly kind. Everyone's rooting for their team, and they're very competitive, but there's no fistfights. People aren't getting hammered and falling down the stands on each other. I think that with the NWSL [National Women's Soccer League], for instance, when they had the recent forced purchases of a couple teams due to the toxicity I mentioned, they had a new rule where the majority owner needed to be financially liable as one person. There could be a group of owners, but they required that one owner bear the financial burden, if necessary, and that person had to be a billionaire. That meant that these large groups of women, who have a lot of money but aren't billionaires, were shut out. And it inevitably meant that once again, we were returning to ownership groups where it was going to be most likely a middle-aged white guy that owned it. And that's fine if that person is really dedicated to women's sports, and wants to learn the space and understand everything about it. It's a little tougher if it's another plaything that they have with four other teams, and they don't feel as connected to the space. And, again, #notallmen. But what the problem with the previous iteration of the NWSL was how many owners and coaches it turned out were engaging in toxic or abusive behavior, or at the very least, covering up for each other, sending a coach on his way: 'Thank you for your service.' Nice long letter: 'Thanks for your time here.' While knowing that they were letting them go because of abusive behavior, and letting them get hired somewhere else. And that's not to say that women won't do that and never do that, but there is a belief that you've got to have more women at the highest levels to help prevent those kind of situations, and that kind of atmosphere and culture, from taking over again. Right. I just feel like we're about to enter another HBO Max, Max, HBO, Max, ouroboros kind of situation here. But it feels inevitable. Obviously, during the massive shift away from traditional cable, and the unbundling, where ESPN no longer got $13, or whatever it was, from every human in America who had cable. What a great deal for ESPN, because not all of them were watching ESPN, right? But also, for cable, ESPN was a huge reason that people wanted to buy it. So it was a great partnership for a long time. That goes away, and it becomes quite clear that ESPN needs to try to keep up with the digital side of things, and needs to have a streaming direct-to-consumer service, because people aren't just going with cable anymore. I think for a while, folks who appreciate the television side will still get an approximation of what it used to be. But you're already seeing ESPN2 used to be an incubator for new shows, and creativity, and new talent, and now it's mostly reruns. You're seeing shows like Around the Horn, and others, that are shoulder programming for the live shows, that will start to go away. Because on streaming you don't need to fill a specific amount of time. You just create whatever amount of content you want to have. 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So when he goes on and says things that are factually incorrect, does stories that are—for instance, one he's now being sued for libel—essentially, that aren't vetted, and aren't sourced before he takes them in front of millions. That, I think, impacts how people view everything else on the network, even if it's just subconsciously. When they turn it on, do they still think everything Adam Schefter says is journalistically sound? Or does the fact that Pat McAfee is on the same network. Or Stephen A. Smith, who will say, 'Oh, I can't talk about Dana White hitting his wife on camera; he's a close personal friend of mine.' That's not how journalism works, right? And so when that starts to blur the lines, does the rest of what's coming out on that network get harmed by it? And does it then prevent them from being separated from the pack in a way that they used to be? I don't know. I'm not in charge. It's above my pay grade. From my point of view, yes, and that concerns me. But also, I get that everyone's trying to get the younger consumer, and they seem to like a screaming head influencer or former athlete more than they like someone who knows how to do journalism.
Yahoo
an hour ago
- Yahoo
Will crypto replace banking? The Trump administration can't decide
Last year, Donald Trump took the stage of the Las Vegas Bitcoin Conference to worship at the altar of cryptocurrency. He said he would fire Gary Gensler, the former chair of the Securities and Exchange Commission who led a yearslong crackdown on crypto fraud. The audience roared. He ended on a rousing note: 'We will make America and Bitcoin bigger, better, stronger, richer, freer, and greater than ever before.' This company asked most corporate employees to relocate to Chicago. The majority declined Trump administration orders Pennsylvania power plant to run through the summer Redfin: These 31 major housing markets have shifted to buyer's markets Some crypto activists were perturbed. Sure, Trump rallied behind Bitcoin as a source of industrial growth, but why wouldn't he commit to outright replacing banking with digital currencies? Trump failed to comment on the traditional banks, which crypto advocates thought were discriminating against them by shutting down their accounts, or fiat currency, which some crypto boosters hope to replace entirely. One year later, President Trump skipped out on the Bitcoin Conference, but he sent his envoys. The administration's crypto message has become even more muddled. While Vice President JD Vance emphasized that stablecoins regulated by the administration's new crypto proposal (the GENIUS Act) don't 'threaten the integrity of the U.S. dollar,' Eric Trump said that he'd like to see some major banks 'go extinct.' It seems no one will decide whether crypto is a strength to—or a replacement for—the U.S. financial system. Vice President Vance headlined the conference, where he struck a similar tone to Trump's 2024 speech. He emphasized that Bitcoin is part of the 'mainstream economy,' calling it a digital asset—but not a currency. Vance also promoted the GENIUS Act, which would set regulations for currency or commodity-backed stablecoins (crypto currencies pegged to fiat currency or other reference asset) so they could flow more freely. The bill has already passed through the Senate, and is waiting for a House vote. Vance promised that these coins wouldn't threaten the dollar. 'Dollar-pegged stablecoins, particularly once GENIUS is enacted, are only going to help the American economy and [are] only going to help the American dollar,' he claimed. Central to Trump's crypto strategy was the establishment of a Bitcoin reserve, allowing the government to collect and hold cryptocurrency from criminal or civil asset seizures. But whether this stockpile operates alongside, or in competition with dollar spending remains blurry. Bo Hines, the executive director of Trump's digital assets advisory, spoke of Bitcoin as something the government could grow endlessly. 'We want as much of it as we can possibly get,' he said at the conference. 'We're not going to sell any Bitcoin that we have in the U.S. government, period.' On the other hand, Trump's crypto czar David Sacks was more measured in his words. He said that he 'can't promise anything,' but that he hoped the government would be able to buy more Bitcoin. 'If either the Commerce Department or the Treasury Department can figure out how to fund it without adding to the debt, then they are allowed to create those programs,' he claimed. 'Maybe find the money from some other program that's not using it.' While they struck different tones, Vance, Hines, and Sacks all spoke of Bitcoin as an asset class. Whether it could constitute a new financial system—the currency's original mission—was outside the question. But Eric Trump—while not an administration official, is certainly influential on Trump policy—claimed that crypto could replace banking entirely: 'It makes everything cheaper, it makes it faster, it makes it safer, it makes it more transparent.' He said that he'd 'love to see some of the big banks go extinct.' Trump has backed crypto expansion forcefully, but his rationale remains slippery. At the recent Blockworks Digital Asset Summit, Trump told the audience that they will 'unleash an explosion of international growth,' but didn't explain how, other than a brief reference to stablecoins supporting the dollar. 'It is exciting to watch as you invent the future of finance,' Trump said, while not venturing to explain whether that future included traditional banks. Why is Trump so into crypto? Much of it is likely for personal gain. Trump has raked in millions on his memecoins and NFTs, sending cash directly to his wallet. Crypto advocates also helped Trump reach the White House in the first place. Their lobby has political heft: According to a New Yorker report, they tanked Katie Porter's California Senate bid after she expressed mere glimmers of anti-crypto rhetoric. But there's a political tension underlying Trump's crypto push. If he says that crypto will replace banking—or even fiat currency—traditional financiers could riot. But, if he claims that Bitcoin is merely an asset class and not the future of finance, he could anger the crypto community. For now, Trump and his administration will try to sit on both sides of the fence. This post originally appeared at to get the Fast Company newsletter: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data