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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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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

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

The Broadsheet: November 12th

Kristen Bellstrom
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Kristen Bellstrom
Kristen Bellstrom
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Kristen Bellstrom
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Kristen Bellstrom
Kristen Bellstrom
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November 12, 2015, 7:46 AM ET
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Good morning, Broadsheet readers! Coke’s Wendy Clark is leaving for a big job in advertising, the Arab world gets its own Oprah, and millennial women won’t move out of the house. Have great Thursday.

 

 

EVERYONE'S TALKING

• Wendy Clark's new gig. Coca-Cola's Wendy Clark is leaving the beverage giant to be president and CEO of DDB North America. Fortune's Pattie Sellers got the exclusive scoop on how the ad giant lured away one of Coke's star marketers.  Fortune

ALSO IN THE HEADLINES

• Not-quite-gone girls. According to a Pew Research Center report released Wednesday, 36% of 18- to 34-year-old women are living with family members—a record high since 1940. Two major trends are behind this, according to Pew: an increase in women's college attendance and a delay in marriage. Fortune

• The Arab world's Oprah. Iraq-born author and activist Zainab Salbi has launched the first season of Nida’a (“The Calling”), an Oprah-like weekly talk show in 22 Muslim countries. Her partner: Discovery Communications, which launched Oprah's cable network, OWN. The Daily Beast

• Valuing vets. Michelle Obama, along with Vice President Biden and Dr. Jill Biden, spent Veterans Day hosting a group of female soldiers—including the first two women to graduate from Army Ranger School.  Fortune

• The housework gap. The New York Times' Claire Cain Miller examines a number of studies that all arrive at a similar conclusion: Women do the majority of childcare and housework. Interestingly, one of the papers finds that there's no gender chore gap until after couples have a child.  New York Times

• Crazy charges. Keila Ravelo was representing MasterCard in a $5.7 billion antitrust settlement, until she fell in love with another client—who happens to be a cocaine dealer—and allegedly got involved in a high-stakes scheme to rip off other clients. She is now awaiting a trial of her own.  Bloomberg

• Are rankings retro? The Hollywood Reporter president and chief creative officer Janice Min announced that THR and sister publication Billboard are abolishing the rankings for their Power 100 (THR) and Power 50 (Billboard) lists of the top women in entertainment and music. "We accidentally created a beauty pageant of brains where only one woman gets crowned," Min explains. The Hollywood Reporter

MOVERS AND SHAKERS: Michelle Lee, former editor-in-chief of Nylon, is replacing Linda Wells as editor-in-chief of Allure.

IN CASE YOU MISSED IT

• Bloody bad news. Safeway and Theranos, the controversial blood-testing company led by Elizabeth Holmes, is negotiating to dissolve a $350 million wellness center deal with Safeway. This comes after Theranos allegedly missed deadlines and Safeway execs grew concerned over the accuracy of the company's test results.  Fortune

• Ri-Ri's glam squad. Rihanna has founded a Los Angeles-based beauty and stylist agency called Fr8me. Already signed up: Rihanna's makeup artist Mylah Morales, Taraji P. Henson's wardrobe stylist Jason Bolden, and celebrity hairstylists Patricia Morales and Marcia Hamilton.  The Hollywood Reporter

• Review this, women. A new study finds that employee performance reviews are biased against white women—and maybe minorities. Yet another reason to tell your company to forego the annual tedium.  Fortune

• The power of Pink. Victoria's Secret Pink, the brand targeted to teen girls, has become an increasingly key part of the company's overall business, serving as both a standalone franchise and a way to get shoppers into the main label when they're older. The Pink brand has more than doubled its sales over the past five years. Bloomberg

• Dinner with Gloria. This review of Gloria Steinem's new book, My Life on the Road, suggests that the experience of reading the "disarmingly intimate" memoir is like sitting down to a casual dinner with Steinem. If that's the case, sign me up!  New York Times

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ON MY RADAR

Domestic violence is a recurring quandary for the NFL  New York Times

Myanmar's president, army chief congratulate Suu Kyi on victory  Fortune

The Yale controversy is really about belonging Time

When it comes to Ronda Rousey, is there a domestic violence double standard?  Washington Post

QUOTE

I find all this quite uncomfortable. I haven’t ever felt that I’ve really had to stick up for myself just because I’m a woman.

Kate Winslet, on the conversation about the gender pay gap in Hollywood
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