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The Broadsheet: May 4th

Good morning, Broadsheet readers! Ellen Pao has a new project, we meet 50 of the most powerful moms, and Beyoncé invests in a beverage maker (no, it’s not lemonade). Enjoy your Wednesday.

EVERYONE’S TALKING

• The empty nest edge. Sallie Krawcheck, former Wall Street powerhouse turned entrepreneur, writes about the career renaissance that many moms experience when they become empty nesters. Among the traits that unite these “third acts,” says Krawcheck: a strong focus on giving back.

That’s an appropriate theme as we prepare for Fortune‘s “Most Powerful Women Evening With…” dinner tonight in Washington, D.C. The event, which kicks off the annual Fortune/U.S. State Department Global Women’s Mentoring Partnership, pairs women from emerging markets with senior female executives, who use their career clout to make a difference in the world.  Fortune

ALSO IN THE HEADLINES

• And then there were 4. Hillary Clinton is once again the only woman in the presidential race, after Ted Cruz—and along with him, his running mate Carly Fiorina—dropped his bid for the White House last night. Cruz pulled out of the race after suffering a crushing defeat in the Indiana primary at the hands of Donald Trump, who has nearly secured the GOP nomination. On the Democratic side, Bernie Sanders won the Hoosier State yesterday, though the win doesn’t do much to challenge Clinton’s commanding delegate lead (she is 90% of the way to clinching the nomination).

• All inclusive. Eight Silicon Valley women—including Ellen Pao, who famously sued Kleiner Perkins for gender discrimination, and Erica Baker, who circulated a spreadsheet exposing the gender pay gap at Google—have banded together to launch Project Include. The effort will attempt to collect and share tech company diversity data. New York Times

• The fertility files. Jake Anderson-Bialis, co-founder of online community FertilityIQ, writes about his research into how women’s jobs are related to their success with fertility treatments. According to his company’s data, teachers have the highest pregnancy rates with IVF, while engineers and bankers have the lowest.  Fortune

• Engineering a comeback. Wendy MacLennan, 54, shares her story of returning to work as a systems engineer at Ford Motors after stepping out of the workforce for two decades to raise four children. WSJ

• I’ve been drinkin’, watermelon. Apparently, lemonade isn’t Beyoncé’s only beverage of choice: The pop megastar has invested in a cold-pressed watermelon water startup.  Fortune

MOVERS AND SHAKERS: Nail care services brand MiniLuxe has appointed Leslie Brunner, former SVP of Athenahealth, as president.

IN CASE YOU MISSED IT

Power moms. Working Mother launched a new list of the 50 most powerful moms. It includes Fox Television Group CEO Dana Walden, Spanx founder and CEO Sara Blakely, and Citibank Latin America CEO Jane Fraser. Working Mother

Bully for her. Jane Clementi is the mother of Tyler Clementi, the Rutgers freshman who committed suicide in 2010 after his roommate used a webcam to spy on him in an intimate encounter with a man. Now she’s on a mission to bring greater attention to cyberbullying. WSJ

• A bling breakthrough. Lorraine Schwartz had a big night at the Met Gala. The little-known jeweler broke into the public consciousness in a major way, with Beyoncé, Lady Gaga, Kate Hudson, and Blake Lively all wearing her baubles. Fortune

• Monster for mothers? Après is a new job listing marketplace designed to connect employers with women looking to get back into the workforce after a break. Fast Company

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ON MY RADAR

Donald Trump misunderstands and misuses ‘rape’  Time

An oral history of Amy Schumer’s best sketch  Vanity Fair

The forced heroism of the ‘survivor’  New York Times

You know those quotas for female board members? They’re working  Quartz

QUOTE

To make the world itself more feminist—safer, saner, more equitable, more sustainable—requires asking more of each other and ourselves than the market can answer...It needs us to admit that making us feel good about what we buy is not the same as making us feel purposeful about what we do.

Andi Zeisler<em>,</em> author of<em> We Were Feminists Once,</em> on the commodification of feminism.