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Broadsheet

The Broadsheet: March 25th

Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
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Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
Down Arrow Button Icon
March 25, 2016, 7:30 AM ET

Good morning, Broadsheet readers! Southeast Asia may be getting its first self-made female billionaire, a Canadian media celebrity is acquitted, and women should start welding ASAP. Have a relaxing weekend.

EVERYONE'S TALKING

•Ghomeshi goes free. Jian Ghomeshi, the former Canadian radio host whose career was derailed by allegations of sexual and physical assault by multiple women, was acquitted yesterday. While this case has gotten relatively little coverage in the U.S., it's been closely followed in Canada, where, given the horrific accusations, many observers were surprised by the decision. The verdict appears to have hinged upon the reliability of the witnesses, whose testimony revealed several inconsistencies. Looking beyond this case, the fear is that the outcome may have a chilling effect on sexual violence victims in Canada, where advocates say that fewer than 10% of such assaults are reported.

ALSO IN THE HEADLINES

•Meet in the middle? A new study finds that women hold less than a third of "middle skill" jobs—which include roles like welders, mechanics, and IT support staff. Researchers say that if just 10% of the women with similar, but lower-paid gigs moved into these fields, it could double median female earnings. Fortune

•High flyer. Nguyen Thi Phuong Thao made her first million at 21. Now 45, she is preparing for the IPO of her aviation company, VietJet Aviation. If all goes as planned, Thao will become Southeast Asia’s first self-made female billionaire. Bloomberg

•Bottoms up. Health-Ade, a startup that makes the fermented tea drink kombucha, has bagged more than $7 million in venture funding. CEO Daina Trout founded the company four years ago with her husband Justin (now COO) and her best friend, Vanessa Dew (sales). Fortune

•Make it stop! Donald Trump seems determined to drag Heidi Cruz, former Goldman Sachs investment manager and wife of Ted Cruz, into the mud. On the heels of tweeting that he'd "spill the beans" about her—presumably referring to her past experience with depression—he retweeted a meme that compares her to his wife, former model Melania Trump. The caption: "A picture is worth a thousand words." Ted Cruz responded by saying his wife was "way out of [Trump's] league."

•School daze. The turmoil over rape and sexual harassment on college campuses continues. UC Berkeley, long known as a bastion of liberalism and social justice, is trying to find a way forward in the aftermath of several high-profile sexual harassment cases. Meanwhile, a professors' group has released a paper that says the growing push to combat sexual harassment on campus, along with universities broadening definitions of inappropriate sexual behavior, has a negative effect on academic freedom.

MOVERS AND SHAKERS: Hillary Clinton has added former aide Resi Cooper, a Democratic consultant, as state director for her New York primary fight.

IN CASE YOU MISSED IT

•What makes a CEO. A new study has pinpointed four characteristics that can improve your chances of ending up in the top job. But while men and women are equally likely to possess these traits, women who fit the "CEO profile" are 28% less likely to become chief than their male counterparts. Fortune

•A bronze parachute? Activist investor Starboard Value is making moves to replace Yahoo CEO Marissa Mayer (along with the rest of the company's board), and the timing might be fortuitous. Ousting her now would only cost the company $12.4 million, about one-third of what her golden parachute was a little over a year ago. Bloomberg

•The cloud whisperer. Google believes that its cloud business, which now accounts for just a fraction of the company's sales, could ultimately become an even bigger moneymaker than online ads. And it's betting that Diane Greene, co-founder of cloud software company VMware, is the woman to make that happen. Wired

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ON MY RADAR

Game of Thrones women will power this season's story Time

An incredible book for raising gutsy girls is a must-read for adventurous women too Quartz

Watch: The woman who revolutionized Manhattan's art world The Atlantic

The long, sexist history of 'shrill' women Time

QUOTE

I believe it is vitally important for men like me to acknowledge {gender inequality} as loudly and openly as role models do like Nepal President Bhandari, the U.S. first lady Michelle Obama and activists like Malala.

England's Prince Harry, speaking at the Nepal Girl Summit
About the Author
Kristen Bellstrom
By Kristen Bellstrom
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