Good morning, Broadsheet readers! Arianna Huffington is stepping down as editor of HuffPo, Elizabeth Warren has yet another taunt for Trump, and a new egg freezing venture promises to cut the cost of the procedure in half. Enjoy your Thursday.
• Fertile ground for disruption. Extend Fertility, which bills itself as the first standalone egg freezing clinic in the U.S., opened its doors in New York City yesterday. The “boutique” promises to cut the cost of the procedure in half (from about $10,000 to $5,000) and to provide a client experience tailored to young, single women who want to preserve their fertility—unlike traditional clinics, which focus largely on helping couples conceive.
Yet even at half off, egg freezing remains pricey—one Extend client tells Fortune‘s Valentina Zarya that the process has “totally drained [her] savings.” Meanwhile, its efficacy is questionable, with some stats pointing to a success rate of under 25%. Nevertheless, for some young women, the possibility of adding a few more minutes to their biological clock seems to be worth braving the expense and the odds.
ALSO IN THE HEADLINES
• Au revoir, Arianna. Arianna Huffington, co-founder and editor-in-chief of The Huffington Post, says she will be leaving the company in the coming weeks to focus on her soon-to-launch health and wellness startup Thrive Global. Founded 11 years ago, the site—now owned by Verizon—is one of the largest digital media outlets in the U.S. Thrive secured series A funding last week.
• Clinton’s money moment. This story traces Hillary Clinton’s entanglements with the corporate world back to Bill Clinton’s 1980 loss in the Arkansas governor’s race. Finding herself suddenly without a home or income, friends say that Hillary “glimpsed fragility in the future she had moved to Arkansas to pursue” and began to focus on putting her family on more stable financial footing.
New York Times
• Hill on Fox. Anita Hill spoke to NPR about the sexual harassment charges against Roger Ailes and where we as a country stand on the issue more than 25 years after she testified before the Senate Judiciary Committee on the Supreme Court nomination of Clarence Thomas. To really send a message, says Hill, Fox News should “take back the $40 million [severance package] that Roger Ailes reportedly has received.”
• A global problem. Not surprisingly, the U.S. isn’t the only country grappling with a sexual harassment problem. A new poll of 1,533 U.K. women finds that more than half of respondents report being sexually harassed at work. Perhaps even more disturbing: Four out of five of these women say they did not report the behavior to their employer.
• Dark days for Dilma. Brazil’s Senate has voted to proceed with an impeachment trial for suspended President Dilma Rousseff. The five-day trial is set to occur soon after the Olympics closing ceremony on Aug. 21.
MOVERS AND SHAKERS: Investment firm Revolution has hired Tracy Van Grack as SVP of communications and public policy. She joins Revolution from the Brunswick Group. University of California, Davis chancellor Linda Katehi has resigned.
IN CASE YOU MISSED IT
• Warren’s war. Sen. Elizabeth Warren is playing defense for Hillary Clinton again, tweeting that Trump “makes death threats because he’s a pathetic coward who can’t handle the fact that he’s losing to a girl.” Her attack was in response to a comment Trump made Wednesday that many interpreted as a call to violent action against his Democratic opponent.
• Great news, honey. It’s official: The American Bar Association has passed an ethics rule forbidding any discrimination against opposing counsel. In practical terms, that means female lawyers should hear fewer “honeys,” “darlings” and other sexist remarks while trying to practice their profession.
• Tur on the trail. Katy Tur—an NBC News reporter who has been repeatedly and very publicly insulted by Donald Trump—writes about her surreal experiences covering the GOP nominee for the past year.
• Fast cars, fast women. Got a need for speed? Ride along with the U.S.’s first all-female Ferrari rally with this photo-essay.
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|People always think of 'No' as the end. For me, it’s about opportunity. A different direction. A new idea.|
| -- Designer Rebecca Minkoff |