The Broadsheet: July 8th

Good morning, Broadsheet readers! Valentina Zarya (@valzarya) here. Elizabeth Holmes’ troubles just got even worse, Emailgate is dragging on (and on), and a former trader explains what “bro talk” is and why it’s so difficult for men to avoid. Have a peaceful weekend.

EVERYONE'S TALKING

• Blood ban. U.S. federal health regulators have banned Elizabeth Holmes, founder and CEO of Theranos, from owning or operating a medical lab for at least two years. Theranos also lost regulatory approval for its existing California lab, which the company says it plans to rebuild "from the ground up." Wall Street Journal

ALSO IN THE HEADLINES

• Behind the camera. Philando Castile's death was viewed by nearly 5 million people thanks to his girlfriend, Diamond Reynolds, recording it and streaming it live on Facebook. After being released from jail on Thursday morning, Reynolds explained that she had recorded the video to show the world that "police are not here to protect and serve us. They are here to assassinate us. Because we are black." New York Times

• Thank you, officer. This video response by policewoman Nakia Jones—also a mother of two black sons—to Alton Sterling's death has been viewed over 3 million times since she posted it to Facebook on Wednesday. Jones' outrage is raw, contagious, and absolutely must be heard. Fox News

• Case not closed. The U.S. Justice Department investigation into Hillary Clinton's use of a private server is officially closed without any criminal charges—but that doesn't mean she's off the hook. The State Department announced on Thursday that it is reopening its own probe (which had been put on pause during the DOJ's). Fortune

• Iron Lady 2.0. The outcome of second-round voting for the new leader of Britain’s Conservative party revealed two female politicians in the lead: Home Secretary Theresa May and Energy Minister Andrea Leadsom. One of them will be taking David Cameron's place when he steps down in the fall, meaning that the country will soon have a female prime minister. Fortune

• A bro talks bro talk. Former hedge fund trader Sam Polk explains why so few men speak out against "bro talk"—which he describes as dissecting women into body parts. "Men have been inculcated by dads and coaches with an ideal of masculinity and male bonding that includes, and even revolves around, the objectification of women," he writes. Any protest, he adds, is not only emasculating but could seriously damage a man's career. New York Times

• Max defends Marissa. PayPal co-founder and former Yahoo board member Max Levchin vigorously defends Marissa Mayer in an interview with Pando. “I respect who she is and how she is but also what she represents,” he said. “She gave birth to twins and then traded emails with me about a feature of a product she was launching in a week… and that’s not out of character.” Pando

MOVERS AND SHAKERS: GoPro adds former NBCUniversal exec Lauren Zalaznick to its board. Maria Grazia Chiuri, co-creative director at Valentino, is leaving her post after eight years. Kate Spade hires Starbucks exec Marissa Andrada as SVP of human resources. Fiona Dias, principal digital partner at Ryan Retail Consulting, has joined the board of HSN, Inc. Extended Stay America, Inc. appoints Kapila Kapur Anand, a recently retired KPMG partner, to its board.

IN CASE YOU MISSED IT

• The Kayla cult. In the past few years, Australia-based trainer Kayla Itsines has become a one-woman fitness phenomenon, with more than 5.3 million Instagram followers (twice as many as Gwyneth Paltrow) and a workout app that has generated more revenue than any other in its category this year. Bloomberg

• VF's creepy cover. Social media users are taking Vanity Fair writer Rich Cohen to task for his "sexist" and "creepy" cover story on Margot Robbie, which focuses almost exclusively on her looks. The Wrap

• Equal pay champs. Elle's Chloe Schama has an interesting new add to the list of reasons why female soccer players get paid less than men: "a sense that they'd better not push their luck." Elle

• She's so Cosmo. Cosmopolitan editor Joanna Coles—she calls herself a “brand steward"—is charged with the daunting task of expanding the magazine’s reach while elevating her personal profile to fill the shoes of legendary predecessor Helen Gurley Brown. New York Times

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