Good morning, Broadsheet readers! Serena Williams won a major while expecting, gender diversity has stalled in big law, and Bill O’Reilly is out. Have a fantastic Thursday.
• No more no spin zone. Bill O'Reilly, as you've no doubt heard by now, has been forced out at Fox News. The New York Times' devastating investigation into the multiple sexual harassment settlements paid out over his alleged transgressions—and the advertiser desertion that followed—were too much even for Fox's biggest cash cow.
“After a thorough and careful review of the allegations, the company and Bill O’Reilly have agreed that Bill O’Reilly will not be returning to the Fox News Channel,” 21st Century Fox, the parent company of Fox News, said in a statement released yesterday afternoon. (O'Reilly continues to deny all allegations.)
While I'd like to be able to give credit to the company for his ouster, the fact remains: The first lawsuit against O'Reilly was filed in 2004. And according to the New York Times, the network has known about allegations of inappropriate behavior by the host since 2002.
So, rather than cheer the Murdoch family, let's toast the many women who came forward to share their stories of being harassed by O'Reilly, despite fears they would be disbelieved or retaliated against. And while we're at it, a round of applause for Gretchen Carlson and the others who spoke out against O'Reilly's former boss, Roger Ailes. Together, they brought down a pair of very powerful men, who reportedly made a habit of ruining the careers (and mental health) of many of the women in their orbit. Now, for the good of all those still working at Fox, let's hope that the company is ready to get serious about creating a culture where this type of alleged behavior isn't tolerated for, oh, let's say, 15 years.
ALSO IN THE HEADLINES
• Win friends and influence people. Time's 100 Most Influential People is out and contains some fascinating women. For those unfamiliar with the list—the winners are profiled by usually equally high-powered peers, making for particularly interesting reading. Some pairings that caught my eye this morning: Wendi Murdoch on Ivanka Trump, Sheryl Sandberg on Melinda Gates, and Ted Cruz on Rebekah Mercer. Time
• Love! Serena Williams sent the Internet into a tizzy yesterday when she posted a Snapchat story that showed her posing in a mirror—stomach prominently featured—and the words "20 weeks." Her reps confirmed that she is indeed expecting her first child later this year, which means the tennis champion was nearly two months pregnant when she won the Australian Open in January. New York Times
• It's Handeled. Fortune's Alana Abramson talked to Karen Handel, who captured the most Republican votes in Tuesday's special election to represent Georgia's 6th Congressional District and will go head-to-head with Democrat Jon Ossoff in a June runoff. Abramson attempted to ask Handel about her complicated history with Planned Parenthood—she was an SVP at the Susan G. Komen Fund in 2012, when the organization sparked fierce criticism for its decision to revoke its funding for Planned Parenthood. Handel did not seem eager to discuss the issue.
• Exhibit A. Big law has made a show of trying to woo female lawyers lately, rolling out impressive paid parental leave and other benefits, but none of it seems to be working: A new study finds that women account for just over 30% of lawyers at the nation's 200 largest firms by revenue—a share that hasn't budged in the past five years. Fortune
• Six, seriously? Forbes released its annual "Midas List" of top venture capitalists (read about their methodology here). At No. 6, Kleiner Perkins' Mary Meeker is highest ranked woman of the six (yes, only six!) who made the list of 100. Forbes
MOVERS AND SHAKERS: Jennifer Romolini, former editor in chief of Hello Giggles, has been named chief content officer of the forthcoming Shondaland.com. Amber Caska has been hired as president and COO of Portfolia Inc.
IN CASE YOU MISSED IT
• Ivanka, TM. While much of Ivanka Trump's fame springs from her surname, Bloomberg has the story of how, as her profile has grown, the first daughter has become increasingly focused on protecting her first name. Her company has filed a series of applications to trademark just the word "Ivanka" in China and the U.S. Bloomberg
• Testing the limits. Officials from Partner Investments LP and two other funds, which invested more than $96 million in Theranos, say the Elizabeth Holmes-led company threatened to seek Chapter 11 bankruptcy protection if the investors didn't abandon their lawsuit and accept more equity instead. Bloomberg
• Make more. New data from Glassdoor identifies careers where women outearn their male counterparts five years after college. A few professions that made the list: architecture, advertising, and chemical engineering. Fortune
• You'd think this might go without saying... The Navy and Marine Corps have issued new regulations that ban members from sharing nude photographs. The rule comes on the heels of a scandal involving military personnel sharing intimate pictures of their female colleagues in a secret Facebook group. Fortune
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