Good morning, Broadsheet readers! It’s Most Powerful Women day! Our 2016 MPW list is live—with a familiar name coming in at No. 1. Plus: Deloitte rolls out a new paid family leave policy, Meg Whitman trims another slice off of HPE, and we ask: Is Hillary Clinton good for business? Enjoy your Thursday.
EVERYONE'S TALKING
• Meet the new MPW. Fortune's 2016 list of the Most Powerful Women in Business is out, and—drumroll, please!—GM CEO Mary Barra is our No. 1, owning the top spot for the second year in a row. For more on why Barra continues to dominate, check out editor-at-large Jennifer Reingold's interview with the Detroit comeback queen.
This year's ranking is full of surprises—including the absence of one very notable name and the inclusion of a very controversial one.
For a complete look at who disappeared from this year's list, click here—and to read all about the 2016 newbies, click here. The full ranking includes 50 women running companies that, together, are valued at $1.1 trillion.
Watch our video about the list here.
ALSO IN THE HEADLINES
• Biz Prez? While Hillary Clinton doesn't qualify for our list of corporate America's power players, if she wins the White House, she will become arguably the most powerful woman in the world. With that in mind, Fortune's Tory Newmyer attempts to separate the Democratic nominee's actual policy positions from her campaign rhetoric, all in the service of answering one important question: Would a Clinton presidency be good for business? Fortune
• Cookies to campaigns. On the opposite side of the political spectrum, Politico has a deep profile of power player Rebekah Mercer, "a New York hedge fund heiress who co-owns a boutique cookie bakery"—and one of the most influential figures behind Donald Trump’s campaign. Politico
• Whitman whittles HPE. Hewlett Packard Enterprise—led by Meg Whitman, No. 7 on our new MPW list—announced an $8.8 billion deal to spin-off and merge its software operations with British company Micro Focus. WSJ
• Healthy competition. Deloitte has officially entered the paid leave arms race, offering all employees up to 16 weeks of paid time off to care for family members—whether they be newborns or aging parents. "This is about being more inclusive," says CEO Cathy Engelbert, No. 15 on Fortune's MPW list. Fortune
• Whole new team. Whole Foods announced a number of new execs—including former Wal-Mart and Sam’s Club exec Sonya Gafsi Oblisk as global VP of marketing and Brooke Buchanan as global VP of communications. If Buchanan's name sounds familiar, it may be because she led comms at Elizabeth Holmes' embattled Theranos until her departure in June. Fortune
MOVERS AND SHAKERS: Twitter has hired Kristin Binns as a senior director overseeing all of the company's corporate and consumer communications. Binns previously ran PR at health insurer Anthem. American Express has named Nancy Testa chief diversity officer. She will also continue to serve as VP and HR business partner for the Global Merchant Services & Loyalty Group. Kathryn Friedrich has been named CMO of Arianna Huffington's new company, Thrive Global. She was most recently head of global monetization for YouTube. Vertafore has named Amy Zupon as its new CEO.
IN CASE YOU MISSED IT
• Need more chocolate. A week after abandoning its pursuit of Hershey, Mondelez International, led by CEO Irene Rosenfeld—No. 9 on our MPW list—announced plans to expand its U.S. chocolate business. Fortune
• Quid pro dough? In 2014, Donald Trump opened Mar-a-Lago for a fundraiser for Pam Bondi—the Florida attorney general who had recently decided not to join a lawsuit against Trump University. While he didn't personally donate any money to Bondi that night (something he had done in the past), HuffPo notes that the timing of the fundraiser certainly gives the appearance that Trump was thanking Bondi for dropping her investigation. Huffington Post
• By the book. Lisa Lucas, director of the National Book Foundation, talks about recruiting new readers, promoting racial inclusion in publishing, and indulging in genre fiction. New York Times
• That was fast! Simone Biles will release her autobiography Courage to Soar on Nov. 15. Chicago Tribune
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ON MY RADAR
What Olympics coverage can teach the Fortune 1000 Ozy
Nike unveils banner calling Serena the greatest athlete ever The Score
Hollywood still sucks at putting women on-screen—unless they're scantily clad Broadly
Meet the woman leading Google's clever plan to stop aspiring ISIS recruits Wired
QUOTE
Actually, that’s just what taking the office of President seriously looks like.
Hillary Clinton, in response to RNC chairman Reince Priebus' suggestion that she should have smiled more during last night's town hall
