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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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Mark Cuban says he has the solution to growing income inequality, and it's to reward every employee—from CEO to janitor—with company stock

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‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

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OpenAI says its AI models secretly broke out of a secure test environment and hacked into AI company Hugging Face in order to cheat on an evaluation
Broadsheet

The Broadsheet: August 12th

Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
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Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
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August 12, 2015, 7:50 AM ET
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Good morning, Broadsheet readers! Birchbox loses a CEO, the Olsen twins are in trouble over unpaid interns, and business schools are launching gender equality clubs—led by men. Have a wonderful Wednesday.

EVERYONE'S TALKING

• Men mind the gap. A growing number of business schools—including Stanford, Wharton and Harvard—now have organizations dedicated to closing the gender the gap. Not terribly surprising, right? Here's the thing: these groups are for men. While many of the organizations exist as an arm of the schools' women's groups, giving male students their own forum to talk about gender issues creates "these spaces where guys could feel like they weren’t being judged or criticized," says one student. Washington Post

ALSO IN THE HEADLINES

• A new Birchbox. Birchbox co-founder Hayley Barna has stepped down as co-CEO, as first reported by Fortune's Erin Griffith. While the beauty e-commerce company says she will remain involved as an advisor and board member, it's now being led by Barna's co-founder, Katia Beauchamp. Fortune

• Uh-oh, Olsens. A class-action lawsuit alleges that Mary Kate and Ashley Olsen failed to pay about 40 past and present interns who worked for them. The lead plaintiff, Shahista Lalani, says she put in 50-hour weeks doing menial tasks during her 2012 design internship at the celebs' Dualstar Entertainment Group. New York Post

• Parsing paid leave. In an interview with Fortune's Leigh Gallagher, Sen. Kirsten Gillibrand (D-NY) said Carly Fiorina's rejection of government mandates requiring that companies provide paid leave is out of touch with what voters want. Gillibrand is a supporter of such policies and earlier this year introduced legislation to provide workers with paid family leave. Fortune

• Bush vs. Clinton—again. As expected, Jeb Bush attacked Hillary Clinton in a speech last night, alleging that she “stood by” as secretary of state while Iraq slid into violence. The two big-name candidates have been going at each other in a host of venues lately—including on Twitter, where they got into a spat about college affordability. And in one last piece of Hillary news, the Democratic frontrunner surprised many by handing her private computer server over to authorities.

• Ann get your gun? Ever wanted to go to a gun range with conservative gadfly Ann Coulter? In the latest attempt to get to the bottom of the eternal Ann question—is she for real or just saying whatever will get her the most airtime?—Vice's new women-focused channel, Broadly, does just that. Broadly

IN CASE YOU MISSED IT

• It's how long? Ninety-five-pound Kaci Lickteig, known as the Pixie Ninja, is a rising star of ultramarathon running, which is any race longer than 26.2 miles.  New York Times

• Removing Rousseff? Brazilian lawmakers are split over whether to impeach President Dilma Rousseff over a wide range of alleged improprieties. If the country's Congress decides to move forward with impeachment proceedings, here's what it would look like: Bloomberg

• A virtual relaunch. Maren Kate Donovan, CEO of Zirtual, the personal assistant startup that "paused" operations earlier this week, took to Medium to explain what happened. Donovan says the company abruptly ran out of money and that it will now be purchased by Startups.co, a startup launch platform. The arrangement will "offer our clients support and give us the opportunity to hire some of our Zeople back," says Donovan. Fortune

• CafeMadre. Media company CafeMom is launching Vivala, a mobile platform aimed at millennial Hispanic women. It will be run by Zuania Capó, who previously was executive editor of People en Español. AdWeek

• Stage mothers. This timely Playbill feature looks at how women in theater balance motherhood with their careers. Playbill

• Ellen appeals. Ellen Pao is appealing an order to pay $276,000 of VC firm Kleiner Perkins' trial expenses after losing her sex-discrimination case against it.  Bloomberg

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ON MY RADAR

On helping women overcome financial stress  WSJ

Patti Smith's memoir Just Kids to become Showtime series  TVLine

Amnesty International approves policy to decriminalize sex trade  The AP

ESPN gives roller derby a national stage  BizWomen

QUOTE

I fight for a living. In a no-rules fight, I believe I can beat anyone on this planet.

UFC star Ronda Rousey on whether she can beat boxer Floyd Mayweather
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