Good morning, Broadsheet readers! A Gilt founder launches a new venture, Ivanka Trump artfully takes on her dad’s misogyny, and Elizabeth Holmes could be banned from her own lab. Enjoy your Thursday.
• Bloody bad news. While Theranos founder Elizabeth Holmes has had her share of troubles lately, this one must really sting: Federal health regulators reportedly have proposed banning Holmes and Theranos president Sunny Balwani from the blood-testing business for at least two years after the company failed to fix major problems at its laboratory in California. If that suspension is imposed, it would prohibit the pair from owning or running either of the company’s labs, which generate most of Theranos’s revenue and are core to the startup’s mission. WSJ
ALSO IN THE HEADLINES
• Yapping with Yellen. Janet Yellen talks to Time‘s Rana Foroohar about making decisions in the face of uncertainty, embracing risk management, and focusing on Main Street. Time
• Sweet 16. EY debuted an impressive new paid parental leave policy—16 weeks for all new moms and dads—and boldly proclaimed itself to be the professional services leader when it comes to the parental benefits. Let’s hope this kind of crowing leads to a paid leave arms race, with working parents the as the victors. Fortune
• Mothers of the Movement. The mothers of Michael Brown, Trayvon Martin, Eric Garner and Tamir Rice―and other black women who lost children to clashes with the police or gun violence―have become a powerful force for Hillary Clinton. The women, who the Clinton campaign have dubbed “Mothers of the Movement,” have played the part of character witnesses for the candidate as she makes her case to black voters. New York Times
• Future of fashion? Alexis Maybank, who co-founded flash sale site Gilt Groupe, launches her new startup today. Called Project September, the mobile shopping app provides consumers with an Instagram-like experience that allows them to buy clothing directly from people they follow, plus earn commissions from retailers on items they share through the app. Fortune
• Zuck’s big poach. Facebook has hired Google star Regina Dugan to lead its new “Building 8” unit, a project that aims to combine cutting-edge connectivity research with the more pragmatic world of product development. Fortune
MOVERS AND SHAKERS: Abercrombie & Fitch Co. named J. Crew veteran Ashley Sargent Price as creative marketing director.
IN CASE YOU MISSED IT
• Smooth operator. In a CNN interview, Ivanka Trump deftly fielded questions about her dad’s reputation as a misogynist, citing the various ways that Donald supported her and her half-sister, Tiffany, in their professional endeavors. Fortune
• What women want. Check out “Vote Your Values,” a new poll from Refinery29 and ABC News that digs into what millennial women think about the political process, the 2016 presidential candidates, and the issues that matter most to them. Refinery29
• Barrier breakers. Watch Dina Habib Powell, head of Goldman Sachs’ Impact Investing Business and president of the Goldman Sachs Foundation, and Darren Walker, president of the Ford Foundation, talk about how to eliminate the stubborn barriers that keep women from participating in the global economy. Council on Foreign Relations
• Females to the front. Susan Ades Stone and Barbara Ortiz Howard of Women on 2os, a campaign to put a woman on the $20 bill, recently sent a letter to U.S. Treasury Secretary Jack Lew, saying that they won’t be satisfied with seeing a woman on the back of the bill: “Relegating women to the back of the bill is akin to sending them to the back of the bus.” Time
Tune in to Fortune Live, hosted by Leigh Gallagher, at its new day and time: Thursdays at 11 am ET at Fortune.com.
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ON MY RADAR
Is Gigi Gorgeous America’s next top model? New York Times
Hannah Horvath, why do we (still) hate thee, so? New York Magazine
Women who don’t negotiate their salaries might have a good reason HBR
Why fashion matters in the auto industry New York Magazine
Unbreakable! They alive, dammit! It’s a miracle! Females are strong as hell!The theme song for <em>Unbreakable Kimmy Schmidt. </em>Season 2 of the Tina Fey-created show hits Netflix tomorrow