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Broadsheet

The Broadsheet: December 7th

Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
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Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
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December 7, 2015, 7:42 AM ET
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Good morning, Broadsheet readers! Hillary Clinton takes on Wall Street, eBay is the latest tech giant to extend paid parental leave, and Marissa Mayer has the mother of all severance packages. Have a productive Monday.

EVERYONE'S TALKING

• Good work if you can lose it. While Yahoo's board has yet to decide whether it will spin off its Alibaba stake or sell its core Internet business (or both), CEO Marissa Mayer's future remains in question. If Yahoo were to be sold to a new owner that would cut Mayer loose, Mayer would be owed nearly $108 million in severance. Canning her for other reasons would be cheaper, but still no bargain: Fortune's Dan Primack calculated that based on Yahoo's current stock price, her payout would be in the neighborhood of $36 million. Fortune

ALSO IN THE HEADLINES

• Hillary takes on the Street. Hillary Clinton, who has been criticized for her ties to the financial industry, has written a New York Times op-ed that lays out her strategy for reining in Wall Street. Her plan includes giving the government the power to break up any institution that gets too large and risky, stepping up regulation of the "shadow banking" sector, and holding finance executives accountable. "No one should be too big to go to jail," she writes. New York Times

• Family appeal. eBay is the latest tech giant to make its policies more family-friendly. Starting Jan. 1, all U.S. employees will be eligible for 12 weeks paid parental leave and 12 weeks paid leave to care for a sick family member. Fortune

• A fond goodbye to ANTM. New York Times fashion critic Vanessa Friedman argues that Tyra Banks' reality show, America's Next Top Model, which aired its final episode Friday night, paved the way for other female hosts and helped bring more diversity—including transgender models—to the catwalk. New York Times

• Strong is girly. The popularity of Crossfit, which The Guardian calls "arguably the biggest fitness participation phenomenon of the 21st century," is helping open up professional weightlifting to more women and changing our perceptions of what a "feminine-looking" body can be. The Guardian

• SNL's shutterbug. Mary Ellen Matthews has been Saturday Night Live's photographer for 16 years, creating iconic images of some of the world's most renowned comedians, actors, musicians, athletes, and politicians. Racked

• Serena's surge? With the end of the year approaching, Fortune's Benjamin Snyder has a prediction for 2016: Serena William's endorsement deals will to move closer to those of rival Maria Sharapova. Fortune

MOVERS AND SHAKERS: A Broadsheet exclusive: Janet Foutty has been named chairman and CEO of Deloitte Consulting. Foutty, who led Deloitte's federal practice, reports to Deloitte CEO Cathy Engelbert, who became the first female chief of a Big Four professional services firm last March .

MPW INSIDER MONDAYS

Each week, Fortune asks our Insider Network — an online community of prominent people in business and beyond — for career and leadership advice. Here's some of the best of what we heard last week.

• You do you. When it comes to choosing your career, it's okay to experiment until you find the perfect fit, says Beth Brady, CMO of The Principal Financial Group. And don't worry if others question your path: "There is only one person it needs to make sense to: you."  Fortune

• Waitressing wisdom. Val DiFebo may be a bigtime CEO—of ad agency Deutsch New York—but she learned some of her most valuable career lessons from her very first job, working as a country club waitress. DiFebo shares four valuable takeaways from her experience as a server.  Fortune

• A network fail. Yolanda Seals-Coffield, a principal at PwC, has one regret about a federal clerkship she had early in her career: She didn't keep in touch with the judge. Now she urges others not to make the same mistake.  Fortune

IN CASE YOU MISSED IT

• The challenge of going childless. When Holly Brockwell, editor of UK website Gadgette, wrote for the BBC about her decision to get sterilized to avoid having children, she received thousands of reader responses—some very nasty. Brockwell's experience is indicative of the way our society and workplaces continue to penalize women who opt not to have kids. Fortune

• A few good women. Marine Capt. Zoe Bedell and Lt. Col. Kate Germano talk about their reactions to the Pentagon's announcement that women will be permitted to serve in combat roles. NPR

• Jenner gets served. Caitlyn Jenner is being sued by a family that was injured in a fatal car accident involving the reality star. The lawsuit cites “tremendous distress and suffering.” Time

• Makeup makes good. L’Oreal Paris has awarded 10 female charity founders with $10,000 each as part of its "Women of Worth" campaign. Fortune

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Looking for previous Broadsheets? Click here.

ON MY RADAR

How a woman joins ISIS  The Daily Beast

These toys can teach girls engineering skills  Quartz

How Countess Jacqueline de Robes went from style icon to couture designer  Fast Company

Dick's Sporting Goods saved a girls' hockey team  Fortune

QUOTE

She’s had some really tough times, but she’s indomitable. She shines through it. She won’t be denied.

Singer James Taylor on Carole King, who was feted at the 2015 Kennedy Center Honors this weekend
About the Author
Kristen Bellstrom
By Kristen Bellstrom
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