Good morning, Broadsheet readers! Fox News loses one female host and settles with another, women are (unsuccessfully) asking for raises, and we want your take on 2016’s Most Powerful Women.
EVERYONE'S TALKING
•So, it's all settled? Fox News has agreed to a $20 million settlement with Gretchen Carlson over her sexual harassment allegations against former network CEO Roger Ailes. In a statement, the company also issued a formal apology to the ex-anchor, saying: "We sincerely regret and apologize for the fact that Gretchen was not treated with the respect and dignity that she and all of our colleagues deserve."
TheWashington Postspoke to a number of employment lawyers, who pointed out a few surprising aspects of the settlement. To begin with, there's the size of the payout: The attorneys said it's the largest single plaintiff pre-trial settlement for sexual harassment charges they're aware of (many such cases are settled privately). Then there's the fact that Fox News released an apology, as opposed to the usual total denial of wrongdoing—a development one lawyer called "quite stunning."
But before we get too excited about the network's willingness to take some responsibility for what happened to Carlson, let's remember that her $20 million is just half of the $40 million Ailes received from Fox News as a going-away present.
ALSO IN THE HEADLINES
•Van Susteren to vamoose. Meanwhile, Fox News anchor Greta Van Susteren has left the network after a 14-year run. Van Susteren, host of On the Record, reportedly took advantage of a clause in her contract that allowed her exit after Ailes's resignation. CNN Money
•Pick your MPW. With Fortune's annual Most Powerful Women list coming out tomorrow, we put together a little teaser to get you in MPW mode. This poll asks you to weigh in on who should be our "Fun 51"—the spot reserved for a woman who doesn't necessarily meet our usual criteria. Fortune
•Ask—and you won't receive. A new studydismantles the commonly-held assumption that women make less than men because they're more likely to shy away from asking for a raise. Instead, the researchers found that women ask just as often as their male counterparts, but are 25% less likely to get pay bump when they do.Fortune
•Ms. America?Erin O' Flaherty, Miss Missouri, will compete for the Miss America crown this weekend as the first openly lesbian contestant.Talking Points Memo
•Do as we say, not as we do. Despite lip service about the need for more gender diversity at the top of the biggest U.S. companies, a new analysis finds that more than 93% of Fortune 1000 are still led by men. Fortune
MOVERS AND SHAKERS: Joanna Coles, who has been editor-in-chief of Cosmopolitan since 2012, has been named Hearst’s first chief content officer. Michele Promaulayko will replace her at Cosmo and also will become editorial director of Seventeen. Law firm Sullivan & Cromwell has hired Nicole Friedlander, a former Manhattan federal prosecutor, as special counsel focused on online security.
IN CASE YOU MISSED IT
•Talking TaskRabbit. TaskRabbit CEO Stacy Brown-Philpot appears on the Recode Decode podcast to talk about what its like to be the rare black woman at the helm of a tech company. Recode
•Hack attack. Hillary Clinton is attempting to bat away conspiracy theories about her health after suffering what she called an allergy attack during a Monday rally. She laughed off the usual medical advice about not talking for a day or two ("Not gonna happen") and joked that her real allergy is to her opponent, Donald Trump. New York Times
•Bey takes a break. Beyoncé has postponed her concert at MetLife Stadium in New Jersey, which was scheduled for tonight, "as a result of strict doctor’s orders for vocal rest." ABC News
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ON MY RADAR
Transgender in tech: Inclusion, with limits USA Today
A powerful photo series inspired by Brock Turner's release Buzzfeed
Material World podcast: Will advertisers ever really know what women want? Bloomberg
A 7th grader's sext was meant to impress a boy. Instead, it almost destroyed her Washington Post
QUOTE
I always have a goal... I have this insatiable desire to always keep doing well.
Serena Williams