The Broadsheet: October 18th

October 18, 2016, 11:49 AM UTC

Good morning, Broadsheet readers! The Most Powerful Women Summit is in full swing and we have highlights from Under Armour’s Susie McCabe, Cisco’s Kelly Kramer, and Northwestern’s Vicki Medvec. Plus: Apple’s Angela Ahrendts talks about her vision for the company’s retail outlets. Have a wonderful Tuesday.


 Hottest ticket in town. The Fortune Most Powerful Women Summit is taking place all day today in Laguna Niguel. Tune in to the catch the action starting at 9 am Pacific on Today we'll hear from IBM CEO Ginni Rometty, DDB North American CEO Wendy Clark and Barbra Streisand—to name just a few. Plus: Facebook COO Sheryl Sandberg will put on her interviewer hat for a conversation with Priscilla Chan, co-founder of the Chan Zuckerberg Initiative. Fortune


Store & more. Apple retail chief Angela Ahrendts explained why she views the company’s newly-redesigned retail outlets not just as stores, but as the company’s next big products. Read more

 Profit pressure. Chief financial officers from Cisco, Walt Disney and Microsoft talked about some of the pressures that today’s public companies face — from activist investors to public relations nightmares to providing Wall Street guidance. Read more

 The art of negotiation. Vicki Medvec, executive director of the Center for Executive Women at Northwestern’s Kellogg School of Management, offered her top negotiating tips. Read more

 Character matters. Under Armour's Susie McCabe talked about how her company chooses the athletes it sponsors, candidly noting: “We have a no a–hole policy.”  Read more

 Speed-dating schmooze. Thirty-five teenage girls—juniors and seniors at Orange County high schools—descended on the confab, prepared to network. And they did, speed-dating style. Read more

 Tackling a tough topic. Accenture's Julie Sweet explained how she broached the topic of race with her 50,000 employees in early July, after an awful week of violence had shaken the nation and laid bare America’s racial tensions Read more

Spinning failure into success. Ellevest CEO Sallie Krawcheck and BBG Ventures president Susan Lyne discussed what they learned from very public firings. Read more


 Melania on defense. Melania Trump defended her husband in an interview with CNN, saying the recent accusations by women who claimed the Republican presidential candidate groped them were "lies." She also blamed Billy Bush for "egging on" those infamous statements on the Access Hollywood bus.  New York Times

 Thanks, Obama. As the end of Michelle Obama's eight-year tour of duty in the White House comes into sight, three women—Gloria Steinem, Chimamanda Ngozi Adichie, and Rashida Jones—write thank-you notes to the First Lady for "quietly and confidently changing the course of American history."  New York Times Magazine

 Check yourself. Fortune's Laura Cohn test-drives a new online course from UN Women and PwC that's designed to identify and eliminate (or at least reduce) unconscious gender bias.  Fortune

 Waste not, want not. Laurene Powell Jobs, widow of Steve Jobs and co-founder of College Track, an organization that supports underserved youth through high school and college, writes about encountering bright, hard-working young people who, because of their undocumented status, are unable to put their intelligence and creativity to work for American industry. Wired

 Low bar. A new survey finds that women make up 19% of partners at large New York City law firms, with minority women accounting for just 3%. New York Times

 Once and future Speaker? With Donald Trump's poll numbers in free fall, some Democrats are beginning to speculate that Nancy Pelosi could return to the House speaker’s chair after a six-year absence. While still unlikely, Politico says it would be "a stunning, almost unthinkable, triumph for Pelosi."  Politico

 Getting the nod. Preet Bharara, the U.S. attorney in Manhattan, is expected to pick Lisa Zornberg, known as "a tiny tornado of a prosecutor," as the new head of his criminal division. New York Times

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How women CEOs overcame bad jobs, bad bosses  WSJ

Amazing women from around the world give you their best advice  Refinery29

Rolling Stone heads to court over retracted UVA rape story  Fortune

Beyonce's Formation tour made more than $250 million  Billboard


Every time you feel like you’re leaning as far forward as you can into wherever you think the world is going, you’re still not leaning far enough.
Microsoft CFO Amy Hood, speaking at Fortune's Most Powerful Women Summit