• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50

1

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

2

Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers

3

Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
MPWBroadsheet

Steven Cohen, Ruth Bader Ginsburg: Broadsheet Feb. 13th

Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
Down Arrow Button Icon
Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
Down Arrow Button Icon
February 13, 2018, 7:50 AM ET

Good morning, Broadsheet readers! Steven Cohen’s investment firm is accused of being a “boys’ club,” women are getting scarcer at Walmart, and RBG talks about her life and times as a “a flaming feminist litigator.” Have a blazing hot Tuesday.

EVERYONE'S TALKING

• Women of Walmart. 2018 has already been a big year for Walmart in terms of adding senior women to its ranks. Last month came the news that Judith McKenna will be taking charge of the retailer's international business, and just last week we learned that former Justice Department official Rachel Brand is coming aboard to head global governance.

But even as women have gained a larger share of top jobs at the company—accounting for 31.2% of leadership roles in 2016, compared to 27.5% in 2009—the overall percentage of women in Walmart's workforce has declined; in fact, it's been falling for at least seven consecutive years.

So, what's going on? This Bloomberg story traces the disparity to the company's move away from general retail and into groceries. "While women hold about 60 percent of jobs at general-merchandise retailers, they account for just under half at grocery stores, according to federal data. That’s due in part to the unionized workforce of many grocers other than Walmart, which remains staunchly anti-union. Union membership tends to lean more male than female. Another reason is the types of products sold in department stores (think apparel, jewelry and cosmetics)."

It's wonderful to see the company making an effort to put more women into those top-tier jobs, but the larger shift to an increasingly male workforce raises questions about the ability of current female employees to move up the ranks.

Bloomberg reports that, "Some rank-and-file women, including cashiers and customer-service desk staffers, claim they’re missing opportunities for advancement, according to a survey of 1,000 current and former female employees conducted last year by OUR Walmart, a labor advocacy group. More than four out of 10 women said 'getting the same pay and opportunity as men at my store' was a concern of theirs, the survey found."

This would be a concern at any major company, but Walmart's staffing trends hold outsized significance for one simple reason: The retailer is massive—it's the single biggest employer in the Fortune 500.

ALSO IN THE HEADLINES

• Cohen's boys' club? A female executive at Point72 Asset Management, the investment firm run by billionaire investor Steven Cohen, is suing the company, saying it "was a testosterone-fueled 'boys’ club' in which men commented on women’s bodies, belittled their abilities and paid them less than their male peers." The suit also contends that women with years of experience were often referred to as “girls” or “sweethearts," and were sometimes excluded from "men-only" meetings. Point72 denies the charges. New York Times

• Notorious, flaming. In the most recent episode of her podcast Boss Files, CNN's Poppy Harlow (who conducted the interview four days after giving birth to her second child!) talks to Ruth Bader Ginsburg about the power of the #MeToo movement, her own experiences with sexual harassment, the future of the ERA, and life as "a flaming feminist litigator." iTunes

• Krawcheck on the cover. In this new cover story from our sister mag Money, Sallie Krawcheck breaks down the big financial gender gaps—investing, debt, and pay—and offers suggestions for how to close (or at least narrow) all three. Money

• Tame the trolls. The ACLU's Speech, Privacy, and Technology team put together this smart and helpful guide to help sexual-misconduct whistleblowers stay safe online. It includes tips for securing your accounts and devices, as well as for scrubbing much of your personal info from the web to minimize the threat of doxing.  ACLU

MOVERS AND SHAKERS: Sheila Tran, former head of global comms at Yahoo, has been named VP of Communications at Crew. Harvard Kennedy School named Dina Powell, President Trump’s former deputy national security advisor for strategy, as a senior fellow.

IN CASE YOU MISSED IT

• WorseWorks. Last summer, an ex-BetterWorks employee sued the company, claiming that CEO Kris Duggan sexually harassed and assaulted her and that management failed to take proper disciplinary action. Duggan, who denied the allegations, resigned—but the startup's problems didn't end there... This story provides some insight into what can happen to a company after a sexual harassment bombshell drops. Bloomberg

• Aftermath of abuse. In her first interview since publicly accusing former U.S. Olympic swim coach Sean Hutchison of years of sexual abuse, swimmer Ariana Kukors talks about her former coach's controlling and manipulative behavior, her struggles with depression and anxiety, and her attempts to repair her damaged relationships with friends and family. Washington Post

• Lone Wolf. Michelle Wolf, a vet of Late Night With Seth Meyers and The Daily Show With Trevor Noah, is getting her own weekly show on Netflix, set to launch later this year. “You can expect the types of jokes my former bosses would tell me we couldn’t do on TV,” she says of her forthcoming program. The Hollywood Reporter

Share today's Broadsheet with a friend.
Looking for previous Broadsheets? Click here.

ON MY RADAR

Barack and Michelle Obama official portraits unveiled  Fortune

U.K. threatens to pull Oxfam's funding over Haiti sexual abuse scandal  Time

Hillary Clinton, a favorite GOP foil, plans discreet 2018 strategy  Washington Post

A survey asked 1,000 women about their finances. Here's what they said  Money

QUOTE

This is definitely history, or herstory, whatever way you want to put it.
American figure skater Mirai Nagasu, on becoming the third woman to land the triple axel at the Olympics.
About the Author
Kristen Bellstrom
By Kristen Bellstrom
See full bioRight Arrow Button Icon

Latest in MPW

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in MPW

She grew Salesforce’s team by 600% in South Asia. Meet one of India’s most powerful women
NewslettersMPW Daily
She grew Salesforce’s team by 600% in South Asia. Meet one of India’s most powerful women
By Angelica AngMay 22, 2026
1 day ago
lucas
ConferencesWorkplace Innovation Summit
Trump’s EEOC chair is suing The New York Times because ‘we should bring it on behalf of white workers too’
By Nick LichtenbergMay 20, 2026
3 days ago
How a book convinced Arundhati Bhattacharya, one of India’s most powerful bankers, to try working for a U.S. tech company
AsiaMost Powerful Women
How a book convinced Arundhati Bhattacharya, one of India’s most powerful bankers, to try working for a U.S. tech company
By Angelica AngMay 19, 2026
5 days ago
shyam
CommentaryHealth
World Economic Forum: women’s health gets only 20% of R&D funding. We must seize this $1 trillion opportunity
By Shyam BishenMay 18, 2026
6 days ago
weld
Future of Workthe future of work
Meet a 21-year-old community college student who’s going to China as the first American woman welder in the trades Olympics
By Mike Householder and The Associated PressMay 17, 2026
6 days ago
‘No one was coming to save me’: How Reese Witherspoon built a $900 million company from a problem Hollywood wouldn’t fix
Successreese witherspoon
‘No one was coming to save me’: How Reese Witherspoon built a $900 million company from a problem Hollywood wouldn’t fix
By Sydney LakeMay 17, 2026
6 days ago

Most Popular

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
2 days ago
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
Success
Indeed chief economist says we’re entering an era of ‘great mismatch’ thanks to a generational imbalance of workers
By Emma BurleighMay 22, 2026
1 day ago
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
Success
Apple’s Steve Wozniak says he cofounded the tech giant after 5 rejections from HP—not to ‘make money.’ For years, his paycheck was just $50
By Preston ForeMay 22, 2026
1 day ago
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
AI
Microsoft reports are exposing AI's real cost problem: Using the tech is more expensive than paying human employees
By Jake AngeloMay 22, 2026
1 day ago
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Workplace Culture
Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
By Preston ForeMay 19, 2026
4 days ago
Current price of oil as of May 22, 2026
Personal Finance
Current price of oil as of May 22, 2026
By Joseph HostetlerMay 22, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.