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Broadsheet

The Broadsheet: October 19th

Kristen Bellstrom
By
Kristen Bellstrom
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Kristen Bellstrom
By
Kristen Bellstrom
Down Arrow Button Icon
October 19, 2016, 7:36 AM ET

Good morning, Broadsheet readers! The Most Powerful Women Summit is in full swing and we have highlights from IBM CEO Ginni Rometty, Priscilla Chan, DDB North America CEO Wendy Clark, and Universal Pictures Chairman Donna Langley. Plus: Barbra Streisand talks about an issue that’s close to her heart. Have a fabulous Wednesday.

EVERYONE'S TALKING

• Last but definitely not least. The 2016 Most Powerful Women Summit is going out with a bang. On the agenda on the final day: Google and Alphabet CFO Ruth Porat, Brandeis University professor Anita Hill (interviewed by Chelsea Handler) and our closer, Ivanka Trump.The Broadsheet—and its fabulous readers—also will get a shoutout, as I'll be chatting with Fortune's Jennifer Reingold at 10:40 am Pacific. You can watch it all on our Fortune.com livestream, starting at 8:40 am PT. Fortune

NEWS FROM THE FORTUNE MPW SUMMIT

• Valuing Big Blue. IBM CEO Ginni Rometty, speaking after her tech giant reported its 18th straight quarter of declining revenue, argued that while "some companies are high-growth," IBM is "high-value." Read more

• Chan chat. Priscilla Chan, co-founder of the Chan Zuckerberg Initiative (and Facebook CEO Mark Zuckerberg’s wife) has been a teacher, a doctor, and now a philanthropist. Speaking on stage with Facebook COO Sheryl Sandberg, Chan offered some insight into how she works with Zuckerberg on their initiative, saying, "we challenge each other to think more deeply about the questions we’re faced with." Read more

• Challenging a deal. Ellen Kullman, the former CEO of DuPont, hinted that she thinks the company's $60 billion deal to merge with rival Dow Chemical is a mistake. It was Kullman’s first public appearance since abruptly leaving the chemical giant a little over a year ago.  Read more

• Profit patience. YouTube has one billion monthly users—almost one-third of all people on the Internet—and millions of hours of video are watched every day on the video platform. But YouTube CEO Susan Wojcicki says the Google-owned video site is still in the investment stage.  Read more

• An issue close to her heart. Barbra Streisand used her iconic voice in a somewhat unexpected way: to bring attention to women’s heart health.  Read more

• Breaking down Brexit. J. Walter Thompson CEO Tamara Ingram shared her strong opinions on what the U.K. could have done to prevent Brexit. Read more

• The price of branding. DDB North America CEO Wendy Clark talked about showing up in last week’s WikiLeaks dump because of work she did on Hillary Clinton's branding.  Read more

• Building bridges in China. Universal Pictures Chairman Donna Langley talked about how China’s role in the entertainment industry is getting bigger, and why Universal isn’t ignoring it.  Read more

• A draft for all. For U.S. Air Force Secretary Deborah James, there should be no limit to equality in the armed forces, even when it comes to the draft. Read more

ALSO IN THE HEADLINES

• Making the list. The latest batch of hacked emails released by WikiLeaks reveals that GM CEO Mary Barra, No. 1 on Fortune's Most Powerful Women list, Xerox CEO Ursula Burns, and Melinda Gates were among the business leaders considered for Hillary Clinton's vice presidential pick.  Fortune

• Users keep the faith. After Marissa Mayer's Yahoo acknowledged a catastrophic hacking of its users’ information in September, many asked if its pending acquisition by phone giant Verizon would crumble. For those hoping the merger survives, Yahoo’s earnings report on Tuesday brought a potential sign of hope: Yahoo says its user numbers are holding steady. Fortune

• Ladies of LinkedIn. Increasing ethnic diversity remains a challenge for LinkedIn, according to the company’s latest annual workplace diversity report, released Tuesday. However, women are better represented at the company than in most of the tech industry.  Fortune

• A gaping gap. The gender pay gap for partners at large U.S. law firms is a massive 44%. The reason? It may be that men bring in more clients than women, though female partners appear to be catching up. Quartz

• Doctors in the house. Following the disturbing episode in which Tamika Cross, a black doctor, was obstructed by a Delta flight attendant from helping a passenger because of concerns that she wasn't actually a physician, her peers took to Twitter with the hashtag #WhatADoctorLooksLike.  Elle

MOVERS AND SHAKERS: Carolyn Feinstein, formerly VP of marketing at Pure Storage, has been named chief marketing officer for Dropbox. Starbucks has named Belinda Wong its first-ever CEO for China.

 

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ON MY RADAR

Tonight's debate prep  Wall Street Journal

Maureen Fan's virtual reality company Baobab Studios raises $25m  Tech Crunch

Six sources corroborate former People writer's story about Trump  People

Hearing from survivors of the 2015 Planned Parenthood shooting  Cosmopolitan

Martina Navratilova says athletes should speak out on social issues  New York Times

Jackie Kennedy's wedding dress designer finally gets recognition  New York Post

QUOTE

It was once thought to be a man’s disease, but it’s become a woman’s epidemic now.
Barbra Streisand at the Fortune Most Powerful Women Summit, talking about heart disease and why she co-founded the Women’s Heart Alliance
About the Author
Kristen Bellstrom
By Kristen Bellstrom
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