Good morning, Broadsheet readers! Ellen Pao dodges a hefty bill, Google’s Ruth Porat splurges on a new home, and Carly Fiorina may have had White House dreams more than a decade ago. Plus: Fortune’s list of the 40 Under 40 is out. Enjoy your Thursday.
EVERYONE'S TALKING
• Carly's deep-rooted dream? Did Carly Fiorina start dreaming about the White House 13 years ago? Fortune's Pattie Sellers unearthed a never-before-seen video of Fiorina speaking at the 2002 Most Powerful Women Summit, when she was CEO of Hewlett-Packard, and riffing about "the first woman president." No matter whether you love or loathe Carly the GOP presidential candidate, you'll find this clip amusing and possibly indicative that she has yearned for the Oval Office for many years. Fortune
ALSO IN THE HEADLINES
• 40 to watch. Fortune's 2015 list of the 40 Under 40 is out. The ranking includes 14 impressive women, ranging from CEOs—such as SoulCycle's Melanie Whelan and Lisa Falzone of Revel Systems—to entertainers like pop star Taylor Swift and UFC fighter Ronda Rousey. Check out the full list here: Fortune
• Pao won't pay. Earlier this month, Ellen Pao said she would not appeal the loss of her gender discrimination suit against former employer Kleiner Perkins. Now, Fortune's Dan Primack reports that the VC firm is honoring its earlier pledge to absorb nearly $276,000 in fees—which Pao would otherwise owe—provided she drop the appeal. Fortune
• Another Zuck. In more Kleiner Perkins news, the VC firm has hired Arielle Zuckerberg, the youngest sister of Facebook CEO Mark Zuckerberg, as a junior partner. The hire is being seen as a bid to "inject youth and diversity." TechCrunch
• The CFO is in. New Google CFO Ruth Porat recently launched "Office Hours," short briefings for financial analysts. This is her latest move to make the tech giant more transparent—a shift that has endeared her to Wall Street. Meanwhile, Porat is clearly being handsomely rewarded for her work: she just spent $30 million on the most expensive house in Palo Alto.
• Reading Hillary's mail? The FBI has recovered some of the personal emails that Hillary Clinton said had been deleted from her public server, raising the possibility that the messages may eventually become public. Bloomberg
• Risky business. Julie Nelson, a professor of economics at UMass Boston, says the conventional wisdom of women taking fewer investing risks than men is wrong. Her research finds that men and women have roughly the same tolerance for financial risk and that earlier data on the subject has been misinterpreted. WSJ
• Be like Barra. Volkswagen AG CEO Martin Winterkorn, who resigned yesterday in the wake of the revelation that the automaker cheated on its diesel emissions tests, could learn a thing or two from General Motors CEO Mary Barra. Fortune's Jonathan Chew writes that Barra survived GM's massive recall by staying honest, committing to change, and focusing on the bottom line. Fortune
MOVERS AND SHAKERS: Mel (Maria Elena) Lagomosino, CEO and managing partner of WE Family Offices, has been appointed to the board of Walt Disney. She also sits on the boards of Coca-Cola and Avon Products.
IN CASE YOU MISSED IT
• Rom-com revivalist. Longtime director Nancy Meyers talks about what's changed in Hollywood for women over 40, why rom-coms are "in a coma," and what inspired The Intern, her first film in six years. Time
• A dream team. Oscar-winning actress Lupita Nyong’o, who grew up in Kenya, is starring in a new production of Eclipsed, a play about women in the second Liberian civil war. It was written by Zimbabwean-American Danai Gurira, who portrays Michonne on The Walking Dead. New York Times
• More makeup. Stowaway Cosmetics, the line of small-sized beauty products launched by Julie Fredrickson and Chelsa Crowley, has launched a subscription service for customers who reorder frequently. Fortune
• On buys and bubbles. Peggy Johnson, Microsoft's EVP of business development, talks in a Re/Code podcast about her company's recent acquisitions and explains why she thinks there's a bubble in the tech industry. Re/Code
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ON MY RADAR
Meet Ishita Malaviya, India's first woman surfer Ms.
Testing out MMLa.Fluer, the clothing brand that's also a personal styling service Fortune
Reese Witherspoon's Draper James store will open this fall Racked
Why aren't we inspired by Hillary Clinton? New Yorker
QUOTE
I have no advice for anyone, other than embrace the chaos!
Joanna Coles, editor-in-chief of <em>Cosmopolitan</em>, on being a working mom
