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Broadsheet

The Broadsheet: May 21

Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
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Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
Down Arrow Button Icon
May 21, 2015, 7:45 AM ET

Good morning, Broadsheet readers! Fortune’s Leigh Gallagher lets us in on her secret productivity weapon, Hillary Clinton makes an inspiring pick for her director of Latino outreach, and Marissa Mayer reveals how she landed Katie Couric. Have a great Thursday!

EVERYONE'S TALKING

• An editor's secret weapon. Hiring a virtual assistant has been a game-changer for Leigh Gallagher. Fortune's assistant managing editor and MPW co-chair writes about Zirtual and the two female "ZAs"--Zirtual assistants--who have helped her tame her to-do list.   Fortune

ALSO IN THE HEADLINES

• Scoring the states.  New research from The Institute for Women’s Policy Research rates the best--and worst--states for working moms. How did your state fare? Fortune

• A win for Lynch. The U.S. Justice Department announced that five big banks will pay $5.6 billion and plead guilty to crimes related to manipulating foreign currencies and interest rates. This is a big win for Attorney General Loretta Lynch, who vowed "to vigorously prosecute all those who tilt the economic system in their favor; who subvert our marketplaces; and who enrich themselves at the expense of American consumers." New York Times

• Hillary picks a dreamer. Hillary Clinton’s presidential campaign has named Lorella Praeli, a 26-year-old former undocumented immigrant, as its director of Latino outreach. Praeli is advocacy and policy director of United We Dream, the biggest youth-led immigration advocacy group in the U.S. Fusion

• Reading her mail. In more Hillary news, the State Department is expected to release the first batch of her private emails shortly. The New York Times has reviewed about a third of the messages and reports that they do not appear to include any classified information.  New York Times

• Holding on to HuffPo? Arianna Huffington says that contrary to recent reports, Verizon wants to keep the Huffington Post. Verizon will gain ownership of Huffington's operation as part of its $4.4 billion purchase of AOL.   AdAge

• Ma gets saucy. Speaking at Alibaba’s first Global Conference on Women and Entrepreneurship in Hangzhou, China, CEO Jack Ma called the company's female executives its “secret sauce.” As of last summer, women comprised almost 34% of Alibaba’s high-level managers. Fortune

• How Marissa values Katie. Yahoo CEO Marissa Mayer reveals how she lured Katie Couric to Yahoo and explains how she measures the ROI on her annual salary of more than $5 million. Fortune

IN CASE YOU MISSED IT

• A broad shift? Is the term "broad" taking on a new, pro-woman context? I certainly like to think so! This investigation of the word's history and evolution quotes one of my favorite broads, Fortune's own Pattie Sellers. Women in the World

• A new champion. After defeating activist investor Nelson Peltz, DuPont CEO Ellen Kullman is being hailed as the champion of long-term research over short-term profits. She’s become a role model, says Jeffrey A. Sonnenfeld of the Yale School of Management: "She had a hugely inspirational effect on CEOs to hold their ground.” Bloomberg

• Ladies who lobby. Re/Code's series on technology in Washington, D.C. runs downs the most powerful tech industry lobbyists in the nation's capital. The list includes HP's Maria Cino, Yahoo's Tekedra Mawakana and Google's Susan Molinari. Re/Code

• A killer cover girl. Want to sell magazines? Call Rihanna. The singer made 19 major mag covers in a year and outsold many of her celebrity peers. Fortune

• Another Clinton author. Chelsea Clinton is writing a children's book that will aim to show kids they "can start making a difference now."  The Guardian

• Instant paycheck. Danielle Bernstein, the 22-year-old style blogger who runs "We Wore What," says she makes $5,000 to $15,000 per sponsored Instagram post.   Harper's Bazaar

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ON MY RADAR

Here's how much Warren Buffett spends on his haircuts  Fortune

This is Michelle Obama's workout routine  Time

How paid leave went from progressive pipe dream to political reality  New Republic

Watch out for this all-girls robotics team  CNNMoney

QUOTE

I thought, well, maybe this will be a good opportunity to put a black person on, and it would be a good opportunity to put a woman.

David Letterman, on his departure from late-night TV. Letterman hosted his final show last night and will be replaced by Stephen Colbert.
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