Good morning, Broadsheet readers! All eyes are on Janet Yellen, Rihanna gets cozy with Dior and YouTube superstar Michelle Phan doles out social media tips. Read on to learn what Anne-Marie Slaughter predicts for Hillary Clinton’s campaign. Make the most of your Wednesday.
• Slaughter drops a hint. In an interview with Fortune‘s Nina Easton, Hillary Clinton’s former senior strategist, Anne-Marie Slaughter, offers a clue about how Clinton will distance herself from President Obama on foreign policy. The key is Syria.
ALSO IN THE HEADLINES
• Working in monochrome. Women of color make up just 16.5% of the workforce of S&P 500 companies, according to new research from Catalyst. Things get even paler when you zero in on the upper ranks: Just 3.9% of executives and 0.4% of CEOs are non-white women.
• Diversity: Haute or cold? Rihanna is the new face of a video campaign for Christian Dior, making her the first black woman to become one of the designer’s brand ambassadors. While the “Take a Bow” singer has nothing but good things to say about her appointment, some see this “first” as more evidence that the fashion industry continues to lag on diversity.
• Yellen gets less predictable? Fed watchers are anticipating that chair Janet Yellen will stop being “patient,” and return to a system of making interest rate decisions on a meeting-by-meeting basis (something that hasn’t happened since 2008). Meanwhile, International Monetary Fund managing director Christine Lagarde warned of volatility if the Fed’s policy changes take emerging markets by surprise.
• Women’s boots on the ground? The Marines have begun accepting female volunteers into their Infantry Officer School, in an effort to see if women have what it takes to serve in ground combat with armor, artillery and infantry units. Will women be allowed to join the ranks permanently? We’ll find out next year.
• Giving Russia a shot. Diana Taurasi, one of the world’s best women’s basketball players, left her longtime W.N.B.A. team, the Phoenix Mercury, to play in Russia. Why? In Phoenix, Taurasi cannot earn more than the W.N.B.A. maximum of $109,500. The Russian league pays her nearly $1.5 million per season.
New York Times“
MOVERS AND SHAKERS: Laura Holliday is now chief marketing officer of wedding registry startup Zola. She previously held the same title with Rent the Runway.
IN CASE YOU MISSED IT
• Filling bellies. Ertharin Cousin, executive director of the U.N. World Food Program, talks about the vital role women play in the fight to end hunger.
• Parting from Penney. Debra Berman is stepping down as chief marketing officer of J.C. Penney. Berman, who previously worked at Kraft Foods, joined the retailer in 2013 and was named CMO just last year.
• Get more social. Want more social media followers? According to Michelle Phan, sincerity is the key. The Internet phenom and beauty entrepreneur has 7.5 million YouTube subscribers and 3.1 million “likes” on Facebook.
• Musical chairs. Jessica Rovello and Kenny Rosenblatt, the married co-founders of gaming company Arkadium, are swapping jobs. Rovello is stepping into the CEO slot, while Rosenblatt will take the No. 2 role as president.
Share today’s Broadsheet with a friend: