Skip to Content

The Broadsheet: March 23rd

Good morning, Broadsheet readers! France needs women, the wage gap remains mysterious, and Tory Burch bets big on athleisure. Plus, are you ready for Judge Sarah Palin? Have a wonderful Wednesday.

EVERYONE’S TALKING

• Cherchez les femmes. France’s largest companies are scrambling to meet a new law that requires their boards of directors to be 40% female by 2017. While you might think that’s a good thing, companies are reacting to the deadline by nominating the same small pool of women to multiple boards—not exactly a picture of diversity. It’s an interesting development in the ongoing debate over the efficacy of gender quotas—especially coming so soon after a report that German companies are failing to comply with a similar law.   Fortune

ALSO IN THE HEADLINES

• Win some, lose some. Last night’s primaries were a mixed bag for Hillary Clinton. On one hand, she had a major win in Arizona, supported mostly by older and nonwhite Democrats. On the other, she lost the mostly-white Utah and Idaho caucuses to Bernie Sanders. While Clinton still leads the delegate count by a wide margin, Tuesday night’s results ensure that Sanders will stay in the race.  New York Times

• On the right path. Return Path offers 20-week paid “returnships” for professionals who have taken time off for caregiving. Now, the company is spinning off the program into a separate nonprofit called Path Forward, which will help other employers put similar mid-career internships in place. Fortune

• Objection! Sarah Palin has a new gig: The former Alaska governor has signed a production deal to be a TV judge on a reality courtroom show. The exec credited with discovering Judge Judy is on board and, if sold, the show will air by next fall. Fortune

Explain that. A study released today by career review site Glassdoor finds that when you control for factors like education, industry, geography, firm size, and job title, two thirds of the pay gap disappears. But what about the other third? Economists still have trouble explaining it.  Fortune

• The Brits get flexible. Speaking of the pay gap, British MPs are lobbying to make all UK jobs “flexible by default” and to come up with a strategy for encouraging low-paid sectors—which are dominated by women—to increase wages.   The Guardian

• Straight shooter? Just a few months after urging the SEC to investigate whether Smith & Wesson has been honest about how often its guns are used in crimes, New York City public advocate Letitia James is pushing the Commission to investigate Sturm, Ruger & Co., claiming that the gunmaker misled investors about who uses its products and the risks it faces. New York Times

MOVERS & SHAKERS: Salesforce is appointing Neelie Kroes, a former European Commissioner, to its board. Katharine Stevenson stepped down from Valeant’s board.

IN CASE YOU MISSED IT

• A Tweet is forever. Donald Trump tweeted and then promptly deleted a threat about Ted Cruz’s wife, saying he would “spill the beans” about her in retaliation for Cruz using wife Melania’s modeling photos in an anti-Trump ad. Cruz tweeted back (truthfully) that he was not responsible for the ad and called Trump a “coward.”  GQ

• The case against Cosby. Tamara Green and several other women who are suing Bill Cosby for defamation won a key federal court ruling; they will now get access to files related to the Andrea Constand suit—the only case in which Cosby faces criminal charges.  Time

• Yoga pant paradise. Take a Tory Burch-guided tour of the designer’s new Tory Sport store, the first retail outpost for Burch’s fledgling atheleisure brand.  WSJ

• Adios, Elon. Talulah Riley, a British actress who appeared in films such as Inception and Pride and Prejudice, has filed to divorce husband Elon Musk. Fortune

• An uplifting tale. Meet Lee Winroth, the Swedish teen who accidentally became a record-setting powerlifter. The New Yorker

Share today’s Broadsheet with a friend:
http://fortune.com/newsletter/broadsheet/

Looking for previous Broadsheets? Click here.

ON MY RADAR

What film and TV adaptations don’t get about Wonder Woman  New York Magazine

The new way women are dressing for work  WSJ

No, Elena Ferrante is not on Twitter  Time

Why these body-positive stickers are popping up on plastic surgery ads  People

QUOTE

Why not? What does it take? What does it cost you to help someone?

Marcia Nasatir, who became United Artists' first female VP of production in 1974, on the power of women helping women professionally.