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How Scott Bessent used financial engineering to finance the $2 trillion deficit while leaving it untouched—and created a $1.45 trillion shortfall

2

The emerging deal to reopen the Strait of Hormuz reportedly recognizes Iran’s control—and the U.S. may have to accept it

3

The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
Broadsheet

The Broadsheet: January 25th

By
Valentina Zarya
Valentina Zarya
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By
Valentina Zarya
Valentina Zarya
Down Arrow Button Icon
January 25, 2016, 7:50 AM ET
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Good morning, Broadsheet readers! Valentina Zarya (@valzarya) here. The Theranos saga continues, Silicon Valley shows even less love for female founders, and tech thinks pink. Have a great Monday.

EVERYONE'S TALKING

• No gov love. In the latest installment of its investigation of blood-testing company Theranos, the Wall Street Journal reports that U.S. health inspectors have found serious problems at the once-hot startup's lab in Northern California. Failing to fix the issues could put the company, led by CEO Elizabeth Holmes, at risk of suspension from Medicare. WSJ

ALSO IN THE HEADLINES

• #OscarsLessWhite? The organization behind the Oscars, led by Cheryl Boone Isaacs, is taking steps to improve diversity among it members. The 6,000-person group's ultimate goal is to double the number of minority members by 2020.  Fortune

• Men write men. Speaking of diversity on the big screen, a new study finds that it has everything to do with who's behind the camera. Of the top-grossing 200 movies, less than half of those with an all-male writing team passed the Bechdel test (to pass, a film must have at least two female characters in a scene together talking about something other than men). When there was at least one woman on the writing team, 62% passed.  Fortune

• Time to stop settling? Maureen Sherry, a former managing director at Bear Sterns, argues that the financial industry's practice of mandatory arbitration, which leads to big banks settling sexual harassment and discrimination cases out of court, is hurting female employees. New York Times

• The XX-Files. Gillian Anderson, the actress who plays Agent Sculler in the X-Files, says that not only was she initially offered half the pay of co-star David Duchovny, but that she was instructed to stand a few feet behind him in every shot.  Entertainment Weekly

• No funds for females. Silicon Valley startup funding may be slowing down, and female founders are being disproportionately affected. The overall number of Series A raises in the Bay Area dropped by 11% last year, while the number for companies with female CEOs fell 30%.  Fortune

MPW INSIDER MONDAYS

Each week, Fortune asks our Insider Network — an online community of prominent people in business and beyond — for career and leadership advice. Here's some of the best of what we heard last week.

• Play (sports) to win. The best way to get comfortable with leading is by participating in team sports, writes Laura Gentile, founder of espnW.  Fortune

• Kill with kindness. Penny Wise, chief branding officer at 3M, warns against making enemies at work. "You never know how or when or with whom your path will cross," she writes. Fortune

• Build your rep. One of best things you can do in your first job is keep your word, advises Workday HR chief Ashley Goldsmith."Reliability can go a long way in building credibility," she writes.   Fortune

IN CASE YOU MISSED IT

• Hillarycare's history. Hillary Clinton is taking increasing credit for the Affordable Care Act, arguing that the healthcare overhaul effort she spearheaded in 1993 was the foundation for President Obama's plan. But is she right? Bloomberg

• "Saving" feminism. Maureen Dowd goes tongue-in-cheek on Sarah Palin: "Palin has done us a favor by proving that a woman can stumble, babble incoherently on stage and spew snide garbage, and it isn’t a blot on the female copybook." New York Times

• Women on the range. The proportion of farms operated by women has increased from just 5% in 1978 to 30% today. Contributing factors include the farm-to-fork movement, mechanization of labor, and the increased likelihood of women inheriting land. Washington Post

• Tech thinks pink. Tech is attempting to attract more girls to coding by making it, well, girlier. From pink-colored web pages to programs that allow girls to make jewelry (while wearing pink t-shirts), firms are using one stereotype to combat another. Mashable

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ON MY RADAR

How Jhumpa Lahiri learned to write again WSJ

14 movies by women we can’t wait to see in 2016 Time

The fascinating story of the woman at the center of Roe v. Wade Huffington Post

The new daughters of Bollywood Hazlitt

QUOTE

I wanted to take a break from my full-time career of writing things on Facebook to fly down here and lend my support to the next president of the United States, Donald J. Trump.

Tina Fey, impersonating Sarah Palin on <em>Saturday Night Live</em>
About the Author
By Valentina Zarya
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