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After hitting oil tankers, Iran targets Navy warships and U.S. retaliates with 'higher economic cost' in new escalation that could transform the war

2

Widow of airman killed in Mideast was told hazard pay and combat-related tax breaks wouldn't apply because 'we were not at war.' A viral post fixed it

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Despite being a multimillionaire, Suze Orman still cooks at home whenever possible—and says eating out is one of the biggest wastes of money
Broadsheet

The Broadsheet: June 5

By
Kia Kokalitcheva
Kia Kokalitcheva
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By
Kia Kokalitcheva
Kia Kokalitcheva
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June 5, 2015, 7:29 AM ET
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Good morning, Broadsheet readers! First up, a treat for you starting Monday: Fortune’s Most Powerful Women co-chairs—Pattie Sellers, Leigh Gallagher, Nina Easton, Jennifer Reingold and Michal Lev-Ram–will each write the Broadsheet one day next week. Also, check out the just-released Fortune 500 list–who’s No. 1? On to the news: Hillary gets tech support, a Google vet raises big money, and an FDA panel approves the “female Viagra”drug. Enjoy your Friday!

EVERYONE'S TALKING

• A female Viagra. An FDA advisory panel gave the green light to a first-of-its-kind drug that could help treat women with low sex drive. Now, the company manufacturing it, Sprout Pharmaceuticals, will have to prove that its pill will have minimal side effects. Fortune

ALSO IN THE HEADLINES

• Supporting army vets. Fortune's Nina Easton talks with with U.S. Army veteran Jenn Goodbody about Ride 2 Recovery, a support group that works with injured female army vets through long-distance cycling.  CSIS-Fortune

• Move over, QVC. Sukhinder Singh Cassidy, a onetime Google executive now building women-focused video shopping site Joyus, has raised $24 million in a financing round led by Steamboat, Disney's venture arm, and Marker. Variety

• Lagarde's call. IMF chief Christine Lagarde has a strong and clear message for U.S. Fed chair Janet Yellen about what she should do with interest rates. Fortune

• Box for Hillary. Hillary Clinton is getting some Silicon Valley support: Box CEO Aaron Levie says he plans to host a fundraiser for the Democratic presidential frontrunner.  Fortune

• Behind the appeal. Former Kleiner Perkins partner Ellen Pao recently filed her intent to appeal the gender bias verdict she lost against the VC firm, but did she ask for $2.7 million to back off?  Re/Code

• Women may not rule. The Economist shoots down claims that female managers tend to be different--and maybe even better--kinds of leaders than their male counterparts. The Economist

MOVERS AND SHAKERS: Fortune's Dan Primack got the scoop last week, and now Twitter director of corporate development Jessica Verrilli has announced her next chapter as a venture partner at Google Ventures.

IN CASE YOU MISSED IT

• Pay for privacy? University of North Carolina assistant professor Zeynep Tufekci tells Facebook CEO Mark Zuckerberg that she wants to pay to get her privacy back on the social network.   New York Times

• Kara and the boys. Re/Code's Kara Swisher interviews the male cast of the HBO's Entourage ahead of the release of the Warner Bros. movie. Re/Code

• Barnard opens up. Barnard is the latest all-female college that will begin accepting transgender women next year. Quartz

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Looking for previous Broadsheets? Click here.

ON MY RADAR

Melissa McCarthy hits the silver screen with Spy  New York Times

PwC's Moritz makes a case for female leaders in Japan  Fortune

Aziz Ansari: Everything you think you know about love is wrong  Time

8 sad truths about women in the media  Time

QUOTE

There was no question that Barnard must reaffirm its mission as a college for women. And there was little debate that trans women should be eligible for admission to Barnard.

Barnard's Jolyne Caruso-FitzGerald and Debora Spar, on the college's decision to admit transgender women into its student body
About the Author
By Kia Kokalitcheva
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