The Broadsheet: December 18th


Good morning, Broadsheet readers! Avon goes on sale, men with mustaches outnumber women in top med school jobs, and Abby Wambach makes me cry. Have a fantastic Friday.


 Truth and consequences. Fortune's 2014 cover story on Theranos and founder/CEO Elizabeth Holmes contains what author Roger Parloff describes as a "whopping false statement"—the claim that, at the time, the company was able to conduct 200 blood diagnostic tests without the need of a syringe. Now, Parloff digs into how that falsehood made it into his piece, concluding that while Holmes may not have lied him, the company did intentionally mislead him.   Fortune


 IMF intrigue. A French court has ordered IMF head Christine Lagarde to face trial over negligence in the so-called “Tapie affair,” a 20-year-old case in which businessman Bernard Tapie sold his stake in Adidas to a French bank and then sued the French government after the bank resold that stake for a much larger sum. He was compensated 400 million euros—which the government now wants back. Lagarde was finance minister at the time, so apparently the whole mess lands on her plate.  Reuters

 There's something in my eye. On Wednesday, the day of her final international match, soccer legend Abby Wambach released an affecting new Gatorade ad, in which she urges us to forget her, saying that she hopes "the next generation accomplishes things so great, that I am no longer remembered." In this essay, the mother of a young girl who worships Wambach writes about what a powerful role model the soccer superstar has been for her daughter.  Fortune

 Avon on sale. Direct-selling beauty giant Avon, led by Sheri McCoy, is selling most of its North American business to turnaround investment firm Cerberus for $170 million.  Fortune

 I mustache you a question. How wide is the gender gap in medicine? Wide enough that men with mustaches outnumber women in top positions at U.S. med schools. For reference, only about 15% of American men are mustachioed.  Fortune

 She runs things. Candace Hill, 16, is the fastest teen girl in the U.S.—and the country's youngest track athlete to turn pro. She's one of a wave of young female runners to do so while still in high school. “It’s the era of the girl in general,” said champion runner Lauren Fleshman. “Women have never been more marketable in sports than they are now, from U.S. soccer to Serena.”  New York Times

MOVERS AND SHAKERS: Betsy Morgan, former CEO of The Huffington Post and TheBlaze, has joined the board of Chartbeat. Bioscience company Amyris appointed Margaret “Margo” Georgiadis, president, Americas at Google, to the company's board.


 Hello, scalpers? Tickets for Adele's first tour in four years went on sale yesterday, with many shows selling out in minutes. Fortune

 Setting the bar low. Supermodel Bar Rafaeli and her mom were arrested on Thursday for suspected tax evasion in their native Israel. Rafaeli allegedly lied to authorities about where she lives and which cars she owns.  Agence France Presse

 Princess wars. Toymaker Hasbro has won the lucrative licensing for Disney princesses (including every leading lady other than Elsa and Anna of Frozen), beating out Mattel, Disney's traditional merchandise partner. With the market for princess-themed products measured at about half a billion dollars, this is Hasbro’s “greatest coup” in three decades.  Bloomberg

 Melanie spins. Melanie Whelan, CEO of SoulCycle, talks about growing up with an entrepreneurial dad, wanting to be an architect when she was younger, and being comfortable with silence.  New York Times

 No boys allowed. A co-founder of Russian punk rock protest group Pussy Riot is opening a women-only museum in Montenegro. Pussy Riot became a household name three years ago when three of its members landed in jail after publicly denouncing Vladimir Putin. The museum will be staffed exclusively by women and will showcase only female artists.  Artnet

Tune in to Fortune Live, hosted by Leigh Gallagher, today and every Friday at 3 pm ET at Today's guests include Tupperware CEO Rick GOings and Generation Tux and zTailors CEO and co-founder, George Zimmer.

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Warren Buffett stumps for Hillary in Nebraska  Fortune

Early detection of ovarian cancer may be possible  New York Times

The Janet Yellen era starts here  New Yorker

Margaret Thatcher’s stuff is for sale, and it's revealing  The Economist


The things that you're afraid they're going to say are so much worse than anything they actually say.

Amy Schumer on facing your critics

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