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

Trendingnow

1

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

2

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

3

Current price of oil as of June 12, 2026

1

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back

2

When SpaceX starts trading, some 'shareholders' will discover they own nothing at all

3

Current price of oil as of June 12, 2026
MPWBroadsheet

Paul Marciano, Fortune MPW, North Korea: Broadsheet June 13

Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
Down Arrow Button Icon
Kristen Bellstrom
By
Kristen Bellstrom
Kristen Bellstrom
Down Arrow Button Icon
June 13, 2018, 7:33 AM ET

Good morning, Broadsheet readers! Guess? chairman Paul Marciano resigned after a sexual harassment accusation—but is still getting paid, Elizabeth Holmes is reportedly pitching a new startup, and Fortune’s MPW International draws to a close. Enjoy your Wednesday.

EVERYONE'S TALKING

• Much ado about NATO. One of the newsiest sessions of this year's MPW International Summit came yesterday afternoon, when U.S ambassador to NATO Kay Bailey Hutchison took the London stage.

Hutchison addressed the big news of the day—President Trump's historic meeting with Kim Jong Un—saying that the agreement signed by the two leaders "acknowledges by both sides that they want a Korea, the whole peninsula, to be nuclear free.” She allowed that there must still be a negotiation over how exactly that denuclearization is actually accomplished, but called it a “major step and the farthest we’ve ever gone with North Korea.”

The ambassador did, however, seem to split from her boss's view on another recent news story: The G7, and whether Russia should be allowed to rejoin the group.

Last week Trump called for Russia to be readmitted, saying “I think it would be an asset to have Russia back in.” But Hutchison told the London crowd, “I don’t think we ought to go back to business as usual with Russia.”

She noted that Russia was suspended from the group when it invaded Crimea and that relations shouldn’t return to normal “until they change their behavior in some way that shows they might want to be part of a rules-based concept in the world.”

Still, Hutchison insisted that the tensions coming out of the G7 meeting have not impacted her relationships with her fellow ambassadors, who she says remain "united on our security issues.” She told the audience that on Monday she walked over to the Canadian ambassador, who is one of her best friends, and “just hugged her and said we’re going to get through this.” Fortune

MORE FROM MPW LONDON

• Artificial bro-telligence? Artificial intelligence was a hot topic at MPWI this year—including in this session with Mastercard vice chairman Ann Cairns. AI is yet another reason we need to get more women into STEM, said Cairns. Unless we have a diverse group of people working on the technology, “we’re going to get computers that think like some bro culture on the West Coast,” she said. “That’s not so great.” Fortune

• The choice (should be) theirs. Lama Al Sulaiman, vice chair of the Jeddah Chamber of Commerce & Industry in Saudi Arabia, told the Summit audience about her excitement about June 24—the day when women will finally be able to legally drive in her country. But she also expressed frustration that Saudi women are often spoken for by both conservative men in the country who think they know what women need, and by liberals around the world who think they know what they want. In reality, she says, such decisions should be up to Saudi women: “It’s the choices we’ve been missing." Fortune

• A case for second chances. How should companies like Google and Facebook deal with terrorists and hate groups that hope to use their platforms to disseminate propaganda? While the instinctual answer might be "ban them!" Vidhya Ramalingam, the founder of Moonshot CVE, a startup dedicated to combating online radicalization, has a different view. “Unless we grant them opportunity to change, we’re doomed,” she said on the MPW stage. Fortune

• Keep up! Corinne Vigreux, co-founder of TomTom, told the Summit audience about how her company has adapted to survive in the age of personal digital assistants, GoogleMaps, and, soon, self-driving cars. The key, she says, is expecting the disruption and reacting with speed: “There is a technology graveyard full of companies, especially consumer electronic companies, who could not keep up with the pace of change.” Fortune

MOVERS AND SHAKERS: Scooter startup Bird has hired Rebecca Hahn as senior vice president of communications and Wendy Mantell as deputy general counsel. Hahn was most recently a partner at The OutCast Agency, while Mantell was formerly the senior vice president of legal at FanDuel.

ALSO IN THE HEADLINES

• Guess who's out? Paul Marciano resigned as chairman of Guess? after a probe of sexual-harassment allegations by women, including model Kate Upton. The investigation found that "on certain occasions Mr. Marciano exercised poor judgment in his communications with models and photographers and in placing himself in situations in which plausible allegations of improper conduct could, and did, arise." But I'm not sure we should count this as an actual #MeToo victory: Marciano will continue to collect a salary from now until January. Bloomberg

• You've gotta be kidding me. In this podcast, The Wall Street Journal’s John Carreyrou—the journalist who exposed the lies and fraud behind Elizabeth Holmes' Theranos—tells Vanity Fair's Nick Bilton that Holmes not only shows no remorse for her behavior, but is actually "currently waltzing around Silicon Valley, meeting with investors, hoping to raise money for an entirely new start-up idea." Vanity Fair

• Sexual Harassment 101. A major new report issued by the National Academies of Sciences, Engineering and Medicine finds that the "years of efforts to prevent sexual harassment of women in the fields of science, engineering and medicine have not succeeded, and a sweeping overhaul is needed in the way universities and institutions deal with the issue." Among the suggestions put forward by the report: change academic advising practices so that students and junior researchers are not dependent on one senior researcher for mentoring and access to grants. New York Times

• It only takes one. New research from professors at UCLA’s Anderson School of Management and the University of Amsterdam finds that even a single claim of sexual harassment can be enough to dramatically shape public perception of a company and suggest structural unfairness. As the profs write: "In the public’s mind there seems to be no such thing as a bad apple." Harvard Business Review

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

ON MY RADAR

Sam Zell apologizes for using a lewd comment to refer to women  WSJ

Angela Merkel to face lawmaker calls to tighten refugee policy  Bloomberg

The trouble with Hollywood's gender swaps  New York Times

Dietland is a revenge fantasy for the #MeToo era  The New Republic

QUOTE

Your clothing is your armor, but it’s also your source of joy. So find something that makes you feel awesome.
Stylist Karla Welch, on modern power dressing
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

t
Arts & EntertainmentTaylor Swift
Taylor Swift is youngest woman to make Songwriters Hall of Fame at 36, but blew out her voice cheering for the Knicks
By Maria Sherman and The Associated PressJune 12, 2026
13 hours ago
Bridgit Mendler speaking at Fortune's conference
SuccessCareers
Ex-Disney star Bridgit Mendler reveals she was rejected hundreds of times by Hollywood—but it primed her for her current job as a space start-up CEO
By Preston ForeJune 12, 2026
13 hours ago
Melania launches Trump Accounts for foster kids — and Democratic governors want no part of it
MPWWhite House
Melania launches Trump Accounts for foster kids — and Democratic governors want no part of it
By Fatima Hussein and The Associated PressJune 12, 2026
21 hours ago
amodei
AIAnthropic
Anthropic is worth $965 billion and just hired 1,000 coaches for nonprofits: ‘The fox can’t guard the henhouse’
By Glenn Gamboa and The Associated PressJune 11, 2026
2 days ago
pope
EuropePope
‘Human dignity has no passport’: Pope rips into developed world for indifference to immigrants
By Nicole Winfield, Helena Alves, Renata Brito and The Associated PressJune 11, 2026
2 days ago
Bridgit Mendler speaks on stage at Fortune Brainstorm Tech 2026 in Aspen, Colorado.
Startups & VentureBrainstorm Tech
The space economy’s next frontier is in ground infrastructure, Northwood Space CEO says
By Sebastian HerreraJune 10, 2026
2 days ago

Most Popular

Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back
Environment
Corporate America has been draining the world's water. Matt Damon's new campaign calls on Gap, Starbucks, and Amazon to help give it back
By Catherina GioinoJune 9, 2026
4 days ago
When SpaceX starts trading, some 'shareholders' will discover they own nothing at all
Investing
When SpaceX starts trading, some 'shareholders' will discover they own nothing at all
By Jim EdwardsJune 12, 2026
18 hours ago
Current price of oil as of June 12, 2026
Personal Finance
Current price of oil as of June 12, 2026
By Joseph HostetlerJune 12, 2026
15 hours ago
American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices
Success
American taxpayers have spent $33 billion on sports stadiums. They got fewer seats—and higher prices
By Catherina GioinoJune 11, 2026
1 day ago
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
Energy
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer
By Sasha RogelbergJune 10, 2026
2 days ago
Current price of oil as of June 11, 2026
Personal Finance
Current price of oil as of June 11, 2026
By Joseph HostetlerJune 11, 2026
2 days 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.