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

Trendingnow

1

Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI

2

Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting that

3

The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises

1

Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI

2

Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting that

3

The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
MPWBroadsheet

Taylor Swift UMG, Equal Pay France, Rhodes Scholars: Broadsheet November 20

By
Kristen Bellstrom
Kristen Bellstrom
and
Emma Hinchliffe
Emma Hinchliffe
Down Arrow Button Icon
By
Kristen Bellstrom
Kristen Bellstrom
and
Emma Hinchliffe
Emma Hinchliffe
Down Arrow Button Icon
November 20, 2018, 6:48 AM ET

Good morning, Broadsheet readers! Taylor Swift uses her new record deal to cut artists in on Spotify profits, a star Goldman Sachs VP was allegedly fired while on maternity leave, and a press-shy CEO speaks out. Have a terrific Tuesday.

EVERYONE'S TALKING

• Investing in women. Abby Johnson, head of Fidelity Investments and No. 3 on our 2018 MPW ranking, is a famously press-averse CEO, so when she does give an interview, it’s worth paying attention.

In this Bloomberg Markets story, she and right-hand woman, personal investing president Kathleen Murphy (MPW No. 34), talk about cryptocurrency, Fidelity’s industry-first zero-fee index funds, and what Johnson learned from her dad, who ran the company for decades.

The interview ventures into prime Broadsheet territory, including some discussion of Fidelity’s 2017 sexual harassment issues (the company ended up firing two high-level managers and Johnson moved her office from the executive floor to a more central area so she could keep an eye on things). The pair also talk about their push to diversify the firm, noting that half of their new hires at Fidelity branches this year are women—though they allow that the company does not currently have any women running its top funds.

Not surprisingly, Fidelity is also focusing on building the ranks of female investors. Says Murphy: "We’re in the midst of a $22 trillion shift in assets to women, because of longevity, because they’ll outlive their spouse, because of divorce, whatever. Second, and related, 9 out of 10 women will be the sole decision-maker in their household on their finances at some point in their life, either due to the death of the spouse, divorce, or because they stayed single over the course of their career."

Women approach investing in their own way, adds Murphy, saying Fidelity is doing everything from redesigning its offices to changing the language they use to meet the different—and too long ignored—needs of women looking to build their wealth.

If all of this prompts you to reflect on your own attitude about investing, I recommend taking a look at Fortune's new investing guide, which includes our picks for the top investments in emerging markets and the 30 best stocks to buy for 2019.

It's worth remembering, as Murphy puts it, that "women are absolutely just as good as men at investing when they actually take the step."

"We’ve proven that," she says, "and they’re actually slightly better."

ALSO IN THE HEADLINES

• But her emails. A White House investigation has found that Ivanka Trump, the first daughter who also serves as an assistant to the president, used a personal email account to send hundreds of messages last year to White House aides, Cabinet officials, and her assistants, with many of them violating federal records rules. Scrutiny of Trump's email use follows her father's fierce criticism of Hillary Clinton for a similar practice during his 2016 campaign.  Washington Post

• Bonne idée. A concrete solution in France to solving the gender pay gap: Starting in 2019, companies will be required to report how much they pay women compared to men. If there's a gap, they have three years to fix it. If they don't make the deadline, they'll be fined 1% of their total payroll. Wall Street Journal

• Tale of two parents. In 2016, 15-year Goldman Sachs veteran Tania Mirchandani was fired while on maternity leave with her third child—something she didn't see coming because her male boss (who said of her pregnancy news, "that's a lot of mouths to feed") had four children of his own. Mirchandani filed a gender discrimination complaint—which just became public—in 2017, and is seeking $1.5 million in damages. Goldman says Mirchandani was terminated "for strategic business planning reasons." Bloomberg

• Shake it up. The music industry is reverberating from the seismic news that Taylor Swift left her label of 12 years, Big Machine Records, for Universal Music Group’s Republic Records. It's not clear how much Swift earned on the deal, but one stipulation of her new contract is interesting: if UMG sells any of its shares in Spotify, the money must be redistributed to the label’s artists. Fortune

MOVERS AND SHAKERS: ESPN host Kate Fagan is leaving the network, saying that she no longer has confidence in a show about "characters" in women's sports in the current landscape of sports media. Debbie Crosbie takes over as chief executive for the troubled U.K. bank TSB. Kristen Ankerbrandt is the new CFO of Compass.

IN CASE YOU MISSED IT

• Rhodes record. This year's class of Rhodes scholars includes 21 women, more than have ever previously won the prestigious prize in a single year. Associated Press

• Kim concedes. The blue wave in Orange County, California was astonishing, flipping four House seats over to the Democrats. That meant that Republican Young Kim lost her bid for office, conceding on Sunday. Kim would've been the first Korean-American woman in Congress. Refinery29

• Tragedy in Ohio. A devastating story out of Cleveland: a former judge who spent nine months in jail for assaulting his wife in front of their children—and afterwards was hired to work in the Cleveland mayor's office—is now accused of killing her. Aisha Fraser, a sixth-grade teacher, was fatally stabbed on Saturday. BuzzFeed

• Headscarf in the House. Before the next session of Congress starts, Democrats are working to abolish a 181-year-old rule that bans hats and other head coverings from the House chamber. Incoming Minnesota Congresswoman Ilhan Omar wears a headscarf, and she's working with Democratic leader Nancy Pelosi to exempt religious headwear from the rule. Roll Call

Today's Broadsheet was produced by Emma Hinchliffe. Share it with a friend. Looking for previous Broadsheets? Click here.

ON MY RADAR

How America's first women voters lost the franchise  The Atlantic

Jill Abramson: The GOP thinks #MeToo is a chance to exploit the 'biased' press  New York Magazine

How Caroline Hirsch shaped 30 years of comedy without cracking a single joke  The Daily Beast

Meet the actress behind Broadway's first lesbian romantic lead  Elle

QUOTE

Never thought I would be here. This is for you, Jordan.
Georgia Congresswoman-elect Lucy McBath, sitting behind a Congressional desk. Her son, Jordan Davis, was killed in 2012.
About the Authors
Kristen Bellstrom
By Kristen Bellstrom
See full bioRight Arrow Button Icon
Emma Hinchliffe
By Emma HinchliffeMost Powerful Women Editor
LinkedIn iconTwitter icon

Emma Hinchliffe is Fortune’s Most Powerful Women editor, overseeing editorial for the longstanding franchise. As a senior writer at Fortune, Emma has covered women in business and gender-lens news across business, politics, and culture. She is the lead author of the Most Powerful Women Daily newsletter (formerly the Broadsheet), Fortune’s daily missive for and about the women leading the business world.

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

‘Be delusional enough to call yourself something the world hasn’t called you yet’: What powerful women told the class of 2026
NewslettersMPW Daily
‘Be delusional enough to call yourself something the world hasn’t called you yet’: What powerful women told the class of 2026
By Sydney LakeMay 14, 2026
2 days ago
Mrs. Dow Jones on what women get wrong about money
NewslettersMPW Daily
Mrs. Dow Jones on what women get wrong about money
By Sydney LakeMay 13, 2026
3 days ago
lamb
Arts & EntertainmentObituary
Joni Lamb, founder of one of the largest Christian TV networks in the world, dies at 65
By John Seewer and The Associated PressMay 11, 2026
5 days ago
TIAA CEO Thasunda Brown Duckett’s 3 rules for Gen Z entering the workforce: Adapt, lean in, and build a bigger table
SuccessGen Z
TIAA CEO Thasunda Brown Duckett’s 3 rules for Gen Z entering the workforce: Adapt, lean in, and build a bigger table
By Sydney LakeMay 11, 2026
5 days ago
nicole
MPWWealth
Meet Goldman’s athlete whisperer: the woman who stands guard against $1 billion of fraud targeting sports fortunes
By Nick LichtenbergMay 10, 2026
7 days ago
Young man working on laptop with headphones in modern coffeeshop
Future of Workskills gap
AI generated identical résumés for a man and a woman: Hers was more likely to be labeled ‘weak,’ while his got a 97% approval rating
By Eleanor PringleMay 10, 2026
7 days ago

Most Popular

Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI
AI
Microsoft AI chief gives it 18 months—for all white-collar work to be automated by AI
By Jake AngeloMay 16, 2026
10 hours ago
Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting that
Success
Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting that
By Preston ForeMay 13, 2026
3 days ago
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
4 days ago
Current price of oil as of May 15, 2026
Personal Finance
Current price of oil as of May 15, 2026
By Joseph HostetlerMay 15, 2026
1 day ago
Meet the 20-year-old CEO who launched a company in high school to solve Gen Z's entry-level job crisis
Future of Work
Meet the 20-year-old CEO who launched a company in high school to solve Gen Z's entry-level job crisis
By Jake AngeloMay 16, 2026
14 hours ago
‘You’re not a hero, you’re a liability’: Shark Tank’s Kevin O’Leary warns Gen Z founders to stop glorifying hustle culture
Future of Work
‘You’re not a hero, you’re a liability’: Shark Tank’s Kevin O’Leary warns Gen Z founders to stop glorifying hustle culture
By Jacqueline MunisMay 16, 2026
10 hours 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.