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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish

3

Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
Broadsheet

The Broadsheet: March 5th

By
Deena Shanker
Deena Shanker
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By
Deena Shanker
Deena Shanker
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March 5, 2015, 7:31 AM ET

Good morning, Broadsheet readers! Janet Yellen is either a worry wart or a leader (depending on who you ask), Fortune‘s Erika Fry goes behind the scenes of Benihana’s family feud and Hillary Clinton is still in trouble over her email.

EVERYONE'S TALKING

• The thin Fed line. Newly-released transcripts from 2009 show that then-San Francisco Fed chief Janet Yellen either "fretted" about the crashing economy (per The Wall Street Journal) or led the debate about the recovery (per Bloomberg).Which version of events do you prefer? Email me at deena.shanker@fortune.com and weigh in.

ALSO IN THE HEADLINES

• The Benihana brouhaha. Think your family has problems? Fortune's Erika Fry tells the tale of major family squabbles and court battles over Japanese restaurant chain Benihana, including how the founder's widow is still fighting for her right to sell a burger.  Fortune

• Emailghazi continues. The latest reports on Hillary Clinton's weird email behaviors are (1) A committee in the House of Representatives has subpoenaed her emails; (2) The private email system she used gave her tons of control but not too much security; and (3) Being one of the few people with a clintonemail.com email address was, like, really cool.

• The next social network. Sarah Leary and Nirav Tolia think their social networking startup, Nextdoor, can capitalize on small communities by connecting the people within them. Nextdoor already serves 53,000 communities, works with 650 local government agencies and is now valued at more than $1 billion.   NY Times

• Higher office. Sony's Amy Pascal can't yet move into her new office because it still smells too much like pot (thanks to prior occupant Seth Rogen). The Hollywood Reporter

• A hole in the Ozon. Maelle Gavet has stepped down from her post as CEO of Ozon, an e-commerce site known as the "Amazon of Russia." She has not disclosed where she's going next.  TechCrunch

• Teamwork. Sheryl Sandberg is teaming up with members of the NBA, including LeBron James and Stephen Curry, to spread the word on gender equality at home and at work. ESPN

• Girl power. You might not have heard of the "Colored Girls," but this group of five African American women have played an important advisory role to a long list of high-ranking Democrats, including both Clintons, Al Gore and President Obama. NY Times

• MOVERS AND SHAKERS: Toyota announced the promotion of Julie Hamp to head of communications, making her the company's first senior female executive in the automaker's 77-year history. Jet.com, a new competitor for Amazon, has hired E-Trade chief marketing officer Liza Landsman. Lisa Mann will be the new EVP of marketing at KIND Healthy Snacks, and Maryam Mohit is the new director of product at Nextdoor.

IN CASE YOU MISSED IT

• Downward mobility. Just in case there weren't enough gender gaps out there for you, new research finds one in mobile phone ownership in developing countries. On average, women are 14% less likely to own a mobile phone than men are. In South Asia, the gap expands to 38%. LA Times

• It gets worse. Another day, another jarring moment from the Ellen Pao vs. Kleiner Perkins trial: An email from partner John Doerr praising a potential candidate's willingness to travel "unless/until she becomes a mom." Fortune's Dan Primack says moments like these have already — after only two weeks — caused the 43-year-old Kleiner Perkins brand to "decay from grand to gauche." Fortune

• Single sex ed. Sweet Briar College, a women's college in Virginia, announced on Tuesday that it's closing down at the end of the academic year. But not everyone is ready to let that happen — a hashtag campaign and website have launched with the goal of raising $250 million to save the school. Nancy Gray, president of Hollins University, writes in Inside Higher Ed that she is "certain women’s colleges still have a vital role to play in educating and inspiring tomorrow’s leaders." As a proud Barnard woman, I am inclined to agree.

• The makeup of an empire. An exhibit at the Jewish Museum in New York pays homage to Helena Rubinstein, whose makeup company sought "to expand the notion of who and what could be considered beautiful.”  TIME

• Crushing it. Environmental news site Grist has launched of a new weekly roundup called Woman Crush Wednesday, dedicated to "badass women in the news." Grist

CORRECTION: Yesterday's Broadsheet incorrectly stated that activist Dorothy Day was a nun. Although she was a devout Catholic convert and inspired a movement that included nuns, she herself was not one.

Share today's Broadsheet with a friend:
http://fortune.com/2015/03/05/the-broadsheet-march-5th/

ON MY RADAR

Gender is actually very relevant in tech, despite what Marissa Mayer says  Huffington Post

Mary Cain is growing up fast  NY Times

The 1o commandments of leadership  Inc.

This incredible woman flew a flight simulator using only her mind  Cosmopolitan

Patricia Arquette on her Oscar speech: 'I don't think people really understood what I meant'  TIME

QUOTE

I find that the very things that I get criticized for, which is usually being different and just doing my own thing and just being original, is the very thing that's making me successful.

Shania Twain, who announced her final tour yesterday
About the Author
By Deena Shanker
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