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July 25, 2016 |
Good morning, Broadsheet readers! Valentina (@valzarya) here. The Democratic Convention kicks off today amid drama, Fox’s harassment problem extends beyond Roger Ailes, and Fortune launches a new weekly podcast. Have a productive Monday. |
EVERYONE'S TALKING |
• DNC Drama. WikiLeaks on Friday released a trove of hacked emails from top officials at the Democratic National Committee, revealing that the DNC seems to have been—as Bernie Sanders suspected—favoring Hillary Clinton during the primary season. In the fallout, DNC chair Debbie Wasserman Schultz announced on Sunday that she would be stepping down and is taking on a new honorary role with the Clinton campaign. Democratic strategist and DNC vice chair Donna Brazile will now take on the top job on an interim basis, as a result of which she is cutting ties with CNN, for which she was until now a contributor (she will keep unpaid engagements, however). |
ALSO IN THE HEADLINES |
• Fortune Unfiltered. Today marks the launch of Fortune's new podcast, a weekly series that will feature in-depth conversations between our digital editor Aaron Task and some of the brightest leaders in business. One of the first episodes features GE vice chair and one of Fortune's Most Powerful Women Beth Comstock, who talks about what she learned from iconic GE CEO Jack Welch. Subscribe here • FLOTUS takes the floor. The Democratic Party is set to officially nominate Hillary Clinton this week at the Democratic National Convention in Philadelphia. Tonight's final primetime speaker is First Lady Michelle Obama, who is expected to comment on touchy subjects like the Melania Trump speech plagiarism controversy and race and gender issues. Also on the agenda today is a speech from Sen. Elizabeth Warren. Fortune • Sealing the deal. Verizon announced plans today to buy Yahoo's core assets for a bit more than $4.8 billion. The deal is likely to end the reign of Yahoo CEO Marissa Mayer, who tried and failed to reinvent Yahoo as an independent company. But don't feel sorry for her just yet: Mayer is due to receive a severance package worth about $57 million. Bloomberg • Ailes isn't the issue. The New York Times spoke with about a dozen women who said they had experienced some form of sexual harassment or intimidation at Fox News or the Fox Business Network, and a half dozen more who said they had witnessed it. The investigation suggests that the problem at Fox goes well went beyond Roger Ailes, the network CEO who stepped down last week. New York Times • Expense sexism? One working mother makes the case for companies reimbursing child care. This currently isn't happening, she writes, because expense policies remain of an era when male employees had wives taking care of their kids at home and thus didn't need to pay for care. Fortune MOVERS AND SHAKERS: Esther Morales begins her new role of executive director at the National Women's Business Council (NWBC) today. |
CONTENT FROM DELOITTE |
• Leading at the speed of tech. Kelly Kramer, CFO of Cisco Systems, Inc., talks about leading Cisco's business transformation from the CFO seat. It takes a strategic vision, a close partnership with the CEO and business leaders, and a finance team with a change-agent mindset. Read the interview… |
MPW INSIDER MONDAYS |
Each week, Fortune asks our Insider Network — an online community of prominent people in business and beyond — for career and leadership advice. Here's some of the best of what we heard last week. • Learn to drive. Sally Blount, dean of Northwestern University's Kellogg School of Management, writes about the five biggest factors that impact motivation. Fortune • Out with it. Here's what happened when Deb Aldredge, chief administrative officer at Farmers Insurance, stopped hiding her pregnancy from her boss. Fortune • (Wo)man up. Kim Getty, president of Deutsch LA, makes the case for embracing your femininity at work. Fortune |
IN CASE YOU MISSED IT |
• Vetting the VP pick. Hillary Clinton on Friday named Virginia Sen. Tim Kaine as her running mate. While some pundits are calling the choice a "boring" one, a few of Clinton's most progressive supporters say the decision anti-feminist due to Kaine's personal opposition to abortion (though the Senator supports keeping current laws intact). Slate • Coaching caretakers. A growing number of employers are providing new mothers with coaching sessions. These companies hope to retain female workers by helping them through a stressful time and, consequently, improve gender diversity among the senior ranks. New York Times • Marvel-ous news. Lots of female-centric news from the typically male-dominated pop culture convention Comic-Con: The trailer for Wonder Woman is officially out, Brie Larson will play the lead role in Captain Marvel, and Lupita Nyong'o will star in Black Panther. Daily Beast Share today's Broadsheet with a friend: Looking for previous Broadsheets? Click here. |
ON MY RADAR |
Martha Nussbaum's moral philosophies New Yorker Michael Bloomberg will endorse Hillary Clinton at the DNC Fortune Tessa Thompson seizes the moment BuzzFeed U.S. runner Kendra Harrison sets world record, understandably freaks out New York Magazine |
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