WALMART RAISES WAGES FOR SOME, FIRES OTHERS WITH NO NOTICE

  • WALMART: After announcing raises and bonuses for Walmart workers, the company closed 63 Sam's Club stores, giving little notice to its workers, CNBCreports. 
  • BIG SURPRISE: Women are turning their backs on lucrative jobs in Silicon Valley because of discrimination and pay discrepancies, Marketwatch reports. 
  • SCOUT STUFF: The Girl Scouts announced this week that they're adding 23 new badges focused on STEM to encourage girls in science and tech, USA Today reports. 
  • WALL STREET SEXISM: Haven't heard much #metoo from Wall Street workers? There's a reason, according to the New Yorker. A rigged system allows powerful firms to keep sexual harassment quiet.
  • ALL THE MONEY IN THE WORLD: Except, apparently, for Michelle Williams, who was paid just $1,000 for the reshoot of the film, All The Money in the World. By comparison, her co-star Mark Wahlberg was paid $1.5 million, USA Todayreports. 
  • LENDING RULES: The Trump administration has plans to change rules for banks that mandate lending to low-income borrowers, the Wall Street Journal reports. It could make it more difficult for people in low-income areas to receive loans. 
  • RECOMMENDED READING: Not every hobby has to be a side hustle, Ann Friedman writes for The Cut

- Alicia McElhaney / She Spends Issue #36

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DOW HITS 25,000, INTEL FLOUNDERS AFTER REVEALING VULNERABILITY TO HACKERS

  • HIGH PRICE TAG: Why do U.S. citizens pay so much more for health care than people in other countries? asks The New York TimesIt's all about the price tag, not the amount of care we receive, the report shows. 
  • DOW 25,000: Some say it's a silly benchmark, others take it as a sign that investors are overzealous and we're in for an economic downturn. Regardless of opinion, the Dow Jones Industrial Average, a benchmark for the U.S. stock market, hit $25,000 this week, the Wall Street Journal reports. 
  • TECH TROUBLE: Investors sold off massive amounts of Intel stock this week after the tech company revealed that the chips it makes are vulnerable to hackers, CNBC reports. 
  • DOUBLE TROUBLE: Capital One customers were double charged for some transactions this week, CNBC reports. Make sure you check your bank account to see if you were affected. 
  • MIND THE GAP: Iceland has made it illegal to pay women less than men, theWashington Post reports. 
  • WEARING ARMOR: This New York Times piece on dressing to appear believable after being sexually harassed (and taking action against the perpetrator) is incredible.  
  • POOR CHOICE: Why do we always blame the poor? asks Zero Day Finance.
  • HEDGING AGAINST ASSAULT: Here's how one hedge fund dealt with a sexual harassment scandal, as told by Institutional Investor.

- Alicia McElhaney / She Spends Issue #35

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TAX BILL PASSES CONGRESS, ELLEVEST CUTS FEES

  • TAX BILL: The tax bill has passed Congress. Now that it's done, NPR breaks down what is next when it comes to implementing the law.
  • CRYPTO MADNESS: Long Island Iced Tea Corp. changed its name to Long Blockchain Corp. this week and saw its stock price rise more than 300%,Bloomberg is reporting. Sound familiar? It reminds us of the tech bubble that caused a stock market crash in 2001. 
  • #SHINETHEORY: We're so excited to see that Refinery29's Money Diaries column is becoming a book!
  • FEES CUT: Robo-advisor Ellevest cut investment fees for investors with less than $50,000 in their accounts from 0.5% to 0.25%. The female-owned firm is now offering private wealth management, in addition to its robo-investing products, at a premium. 
  • WAGE GAP: E! Network host Catt Sadler has quit, according to the AP, citing that Jason Kennedy, her co-host, makes nearly double her salary.
  • ANOTHER FEMALE VC FUND: Host of The Valley Girl Show, Jesse Draper, has closed a $10 million venture capital fund focused on female founders, according to the Wall Street Journal.
  • PRACTICAL ADVICE: Lola published a guide this week on how to ask for a lactation room at work. New mothers rejoice!
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Tax Reform Uncertain, Net Neutrality Repealed

  • NET NEUTRALITY IS DEAD: On Thursday, the Federal Communications Commission voted to roll back net neutrality rules, per The New York Times. The implications are uncertain, but in a truly dystopian world, we could have to pay for all sorts of information online. 
  • UNCERTAINTY IN CONGRESS: Also on Thursday, Sen. Marco Rubio, (R-Fla.), said he would vote "no" on the latest version of the tax reform bill unless a tax credit for the working poor was included, the Washington Post reported. 
  • CRYSTAL BROS: According to the New York Post, Wall Street bros are really into healing crystals. 
  • FOX AND MOUSE GAME: In M&A news, the Walt Disney Co. announced that it will buy some assets from 21st Century Fox Inc. for $52.4 billion in stock and $13.7 in debt, Reuters reported. 
  • GENERIC DRUGS: Teva Pharmaceuticals, one of the largest manufacturers of generic drugs, laid off 14,000 employees worldwide, closing factories and research facilities, the Wall Street Journal is reporting. The company's share price was up roughly 11% midday Thursday as a result. 
  • POOR MILLENNIALS: This HuffPost discussion of millennial poverty is a fantastic long read for your Friday. 
  • GAY ON WALL STREET: Not into millennials? Check out Institutional Investor'sexpose on what it's like to be LGBTQ on Wall Street in 2017. 

- Alicia McElhaney / She Spends Issue #33

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Women-Owned Businesses Opening at Impressive Clip

  • SMALL BIZ SUCCESS: One in five small businesses are now owned by women,CNN reports. What's more is that women are opening these businesses at a faster pace than men. 
  • PILLOW TALK: Former hedge fund star Nehal Chopra made a settlement with the Securities and Exchange Commission after her husband improperly shared investment recommendations with her, Institutional Investor reports. 
  • ETF NATION: BlackRock and Vanguard -- the two main providers of index funds -- are less than a decade from managing $20 trillion, Bloomberg reports. What happens when asset managers rule the world? 
  • BITCOIN BUBBLE: Bitcoin was on a tear this week, signaling that traditional investors are embracing the cryptocurrency. Is Bitcoin ready for Wall Street? CNBC asks. 
  • BONDS FOR EQUALITY: One way to combat gender equality is to invest in bonds whose proceeds go to businesses actually doing the work to close the wage gap, according to the Wall Street Journal.

- Alicia McElhaney / She Spends Issue #32

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Is Bitcoin a Bubble? Who is the Real CFPB Head? And Why is Don Blankenship Running for U.S. Senate?

  • WILD WINGS: Buffalo Wild Wings has been acquired by fast-food giant Arby's for $2.9 billion. Eater explores how the company built its brand - and eventually sold itself. 
  • CRYPTO: Bitcoin is all the rage this week, finally surpassing $10,000. The cryptocurrency then fell 20%, CNBC reported Thursday. The investment is a highly volatile one right now, which means its price varies A LOT day-to-day.
  • HIGH-INTEREST: A new financial services firm, Affirm, is offering "payment plans" for clothing. Translation: You can take out a small loan to buy an expensive pair of jeans. Racked asks whether this practice makes sense. 
  • SINGLE WOMEN AND MONEY: Women are staying single for longer, which comes as no surprise. What is surprising is this new piece of Fidelity research that shows that single women are not taking steps to invest for the future.
  • CFBP DRAMA: The Consumer Financial Protection Bureau experienced major drama this week in terms of staffing. The New York Times breaks it down.
  • TONGUE IN CHEEK: This piece from DealBreaker, titled "Thank God There Is No Sexual Abuse On Wall Street," gave us a good laugh. If only that were true!
  • SOME "BLANKENSHIT": A former coal executive who went to jail for breaking mine safety laws (laws that could have saved 29 men from dying in one of his mines), is now running for the U.S. Senate. Local news source WCHS is reporting that Don Blankenship has thrown his hat into the ring for the seat. 
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House of Representatives Passes Bill to Change the Tax Code

  • TAX BILL PASSES: The House of Representatives voted Thursday to pass a tax bill, which is slated to be the biggest reform to the tax code since the '80s, theWashington Post reports. The bill will have to pass the Senate before it's enacted into law. Lawmakers say they hope to have the bill on President Donald Trump's desk by Christmas.
  • TECH DISCRIMINATION: The tech industry is rife with discrimination toward women, The New Yorker reports. "One former Tesla employee told [the author] that women made up less than 10% of her working group; at one point, there were actually more men named Matt in the group than there were women."
  • WEIGHTY SUBJECT: Workplace discrimination hits plus-sized women harder than most other groups, a piece from Refinery 29 shows. 
  • STAYING IN: Biotech firm uBiome launched an at-home test for HPV, STIs and more sexual health concerns this week, Tech Crunch reports. We love the innovation (and the encouragement of laziness). 
  • PRIVATE BOOKSELLER?: Barnes and Noble shares were up Thursday on a report from the Wall Street Journal that the company could be taken private by an activist investor. 
  • WOMEN FIRST: Investment assets that put women first have attracted more than $2.2 billion in capital, Bloomberg reports. 

- Alicia McElhaney / She Spends Issue #29

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Telecom Companies Deal With Acquisition Strife

  • TELECOM TURMOIL: This week was wild in the telecommunications sector. A report from The New York Times showed that the Justice Department tried to pressure AT&T and Time Warner to sell CNN as a part of a larger deal between the two companies. Meanwhile, the Times also reported that Disney held talks to acquire 21st Century Fox. 
  • RICH BITCH: We found this piece in The Cut about a rich woman who doesn't want her co-workers to know how much money she has particularly interesting this week.
  • COLLEGE IMBALANCE: Parents are saving more money for their sons' college funds than those of their daughters, the Wall Street Journal reports. 
  • CLOSER TO PARITY: This week, healthcare giant Anthem became the second-largest company with a female CEO, according to CNN
  • CONSCIOUS CONSUMPTION: We love the way this 60-year-old artist roasted Supreme. “What a ridiculous clusterfuck of totally uncool jokers.”
  • UN-SEXY: Drug giant Valeant returned the female libido pill it acquired for $1 billion to its creator this week, a Bloomberg report shows. 
  • SOME LEVITY: On a budget? Amy Sedaris shows you how to replace severed fingertips on the cheap, via Jezebel.

- Alicia McElhaney / She Spends Issue #28

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Lack of Women Leaders a National Emergency, GOP Releases Plan for Tax Reform

  • RED ALERT: The lack of women leaders at companies in the United States is a national emergency, according to HuffPost. According to the report's author, men in power take advantage of the role, sometimes sexually harrassing or assaulting their underlings at work. One way to solve the problem is to promote more women to top positions.
  • TAX REFORM: The House Republicans released a tax plan Thursday, the Wall Street Journal reported. There will not be the previously floated $2,000 per year cap on 401(k) savings plans, among other changes.
  • MYLAN TROUBLES: EpiPen maker Mylan had several problems this week. One of its top executives is embroiled in a price-fixing scandal, according to Bloomberg, while EpiPens are failing to appropriately deploy. 
  • WAGE GAP: What do you do when the wage gap happens to you? A former Wall Street Journal reporter shares her experience in this week's issue of Lenny Letter
  • SICK FINANCES: Getting the flu can wreck havoc on your personal finances, according to CNBC. Between missing work, pricey medications and doctor visits, you can pay a pretty penny for avoiding the flu shot.  
  • UNSURPRISING NEWS: Millennials want to share everything, including information about their finances, according to a CNN report. 
  • UH, DUH: The biggest cause of financial stress, a CNBC report shows, is when expenses exceed income. Sounds pretty self-explanatory, no? 
  • TAKE CREDIT: We love this guide from Refinery 29 on applying for your first credit card. Share with a little sister or niece! 

- Alicia McElhaney / She Spends Issue #27

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Insys CEO Ousted, Sensor Proves Gender Gap At Work

  • DRUG CONSPIRACY: The founder of drugmaker Insys Therapeutics, has been arrested and charged in a conspiracy to profit from illegally distributing a pain-relieving dose of fentanyl called Subsys, according to STAT News.
  • FORTUNE FOUR: A new report from The Atlantic shows that there are just four black CEOs at Fortune 500 companies. Yikes. 
  • SENSOR STUDY: A new study used sensors to show that men and women are treated differently in the workplace, per Harvard Business Review.
  • WHITE PRIVILEGE: Bitches Get Riches, one of our favorite personal finance blogs, shared a post on the financial advantages of being white. 
  • ANGELA ASCENDANT: Meet the woman behind the way you buy your iPhone, Angela Ahrendts, Apple's senior vice president of retail, in this Buzzfeed profile. 
  • RETAIL SHAKEUP: Amanda, our editor, covered the New Jersey Macy's store that's a test tube for new concepts in Racked. Macy's has been struggling to keep up with its e-commerce peers, so it's important to watch changes it may make, like these.
  • BLACK WOMEN IN TECH: We love this roundup by Create & Cultivate of five black women in tech who are about to be powerhouses. 
  • THIN ICE: Ever struggle to read your boss' signals at work? This Wall Street Journal report is for you.

- Alicia McElhaney / She Spends Issue #26

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Women Share Stories of Sexual Assault and Harassment With #MeToo

  • OTHER HARVEYS: It's been tough to look away from all the Harvey Weinstein news over the past few weeks. We're glad it's coming to light, but we recognize the pain many survivors are feeling right now. Molly Ringwald's piece for The New Yorker, All The Other Harvey Weinsteins, was especially striking for us.
  • #METOO: Erin Lowry of Broke Millennial  shared a post on the intersection of #metoo and money that resonated. Check it out.
  • BEAUTY TECH: More than 60% of Sephora's tech employees are women, The Wall Street Journal reports.
  • FAST FOOD: Fast food was created by and for men... so where do women fit in? Buzzfeed asks.
  • STEEL WORK: This New York Times piece follows a woman who landed a job in the steel industry to escape from her abusive boyfriend. It details how the industry saved her before the plant moved to Mexico.
  • BLACK MONDAY: This Bloomberg retrospective on Black Monday, the day 30 years ago when the stock market fell 23%, is terrifically reported and can teach us a lot about the markets. 

- Alicia McElhaney / She Spends Issue #25

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Sexual Harassment Dominates Headlines (Again)

  • SEXUAL HARASSMENT: This week was tough. More women came forward about Harvey Weinstein's decades of sexual harassment in the workplace, and others were named as harassers. We could link to any number of stories here, but we think Man Repeller's piece on dealing with sexual harassment while it's happening is the most actionable.  
  • BAD APPLE: Apple's diversity chief has an interesting view on diversity, Quartz reports
  • DIAMONDS IN THE ROUGH: Challenges at work suck, but there are ways to learn from them. This Lenny piece details how. 
  • MIDDLE MANAGERS: Women are stuck in middle management, the Wall Street Journal reports. We can get them out through intensive leadership programs and other initiatives. 
  • GRAB YOUR WALLET: We still have a lot of work to do when it comes to opposing Trump's family of companies, Grab Your Wallet founder Shannon Coulter told Shondaland
  • ACQUISITIVE BEHAVIOR: We love this list on Medium of seven companies founded by black women that were successfully acquired.
  • BOSSY BABES: More women are asking for raises, the Wall Street Journal reports. But there's a catch: Once these women ask for more money, they're seen as bossy and intimidating by their co-workers. 

- Alicia McElhaney / She Spends Issue #24

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Who Is Your Harvey Weinstein? And How Can We Stop Shopping So Much?

  • HARVEY WEINSTEIN: The New York Times reported Thursday that several women have accused legendary producer Harvey Weinstein of sexual harassment. His harassment, apparently, was no secret among industry women. Which then begs the question... who is the Harvey Weinstein in your industry? 
  • MINIMALISM: The Cut's Money Mom answered a reader question this week on training yourself to want less stuff. One takeaway? Instituting a waiting period works.  
  • CEO GAP: African American women are not making it to the top at Fortune 500 companies,Fortune reported. According to former Xerox CEO Ursula Burns, it's a result of our education system, which doesn't prioritize these women. 
  • LEANING IN: Black millennial women can't "lean in" to a system that's not working for them, according to Mic
  • SNAKE OIL: Are you into essential oils? Check out this report in The New Yorker  on how major oil companies like doTerra and Young Living promise to cure our age of anxiety. 
  • BLAME GAME: Health insurers are blaming President Donald Trump for the rising prices of insurance, Axios reports. 
  • A NOTE ON LAS VEGAS: What happened in Las Vegas this week was horrific. These two pieces by Crooked Media and the The Washington Post sum up the pain best. If you're feeling lost, get involved here or here. You can also donate to a GoFundMe account to help the victims.

- Alicia McElhaney / She Spends Issue #23

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GOP Releases Tax Plan, Industries Remain Sexist

  • TRUMP TAX PLAN: The GOP unveiled framework for the new tax plan they hope to pass by the end of 2017 this week. Under the code, corporations' taxes will fall from between 25% and 35%to 20%. The proposal, intended to help the middle class, will mostly benefit wealthy people, according to the New York Times
  • LADY PROBS: Asia has a woman problem, according to Bloomberg. Women are absent from boardrooms and C-suites in the growing economy.
  • BROW SAVER: Power brows won't fix the wage gap per se... but at least they're doing something, so says Reductress.
  • BANKRUPT: A ProPublica investigation shows that the U.S. bankruptcy code is failing black Americans. Primarily to blame, according to the report, are the practices of Southern bankruptcy lawyers. 
  • NOBEL PROBLEMS: The last woman to win a Nobel Prize for physics did so in 1963, according to Scientific American. That year, Maria Goeppert Mayer, won the prize for discovering that an atom's nucleus has an onion-like structure.
  • VC REPPIN': Why aren't venture capital firms funding the companies we need? It's all about representation, according to Fast Company.
  • TOUGH COMPETITION: Alice Milligan, chief customer and digital experience officer, is helping CitiGroup compete in a digital-first economy by developing new products and deploying them quickly, according toBusiness Insider.
  • WALL STREET SEXISM: Wall Street is in its sixth decade of ogling and groping women, unfortunately, according to Institutional Investor.

- Alicia McElhaney / She Spends Issue #22

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Is the VC Industry Any Less Sexist? The Jury is Still Out

  • VC FUNDING: This week, one of our favorite companies, Ellevest, raised a fresh round of funding, worth $34.6 million. The news backs up a new report from the Venture Capital Journal that shows that more women-led companies are getting funded by venture capital firms. But there's still a way to go. Bloomberg reported this week that a smart breast pump device, beloved by women, can't get funded because venture capitalists don't get it. 
  • PAID LEAVE: Ever wonder how to advocate for paid leave? You have to own your power, expert Angela Romei told Ladies Get Paid. 
  • RACIST ECONOMY: The American economy isn't getting any less racist, a new study shows. Employers are still discriminating against African American job applicants. 
  • SHOO-IN DEAL: Jimmy Choo shareholders voted to approve the acquisition of the company by Michael Kors for $1.2 billion. 
  • MORE EXCITEMENT: Ever wonder how to get more excited about the boring things you have to do at work? This Harvard Business Review piece gives you a few ways to do so. 
  • SHONDA ON MONEY: We are BEYOND obsessed with the new Shondaland website. Check out this list of money apps that actually help you save some serious cash. 

- Alicia McElhaney / She Spends Issue #21

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Toxic Work Cultures, Mnuchin Speaks & Paraguard Sells

  • TOXIC WORK: We read several interesting stories on toxic work environments this week. Of course, the toxic work culture at lending start-up Social Finance, (SoFi) was top of mind. But we were also intrigued by this Dear Prudie column on bad workplaces. 
  • MNUCHIN SPEAKS: This week, Treasury Secretary Stephen Mnuchin spoke at the Delivering Alpha Conference, a gathering for asset managers in New York. He promised tax reform and changes to the way hedge funds pay taxes. Also notable in Mnuchin's world? He requested a government jet for his honeymoon to Europe. Yikes.
  • IUD SALE: The non-hormonal IUD, Paragard, has been sold to medical device maker The Cooper Company (COO) for $1.1 billion from Teva Pharmaceuticals (TEVA). No changes are being made to the device as a result of the deal.
  • TULIP 2.0: JP Morgan Chase head Jamie Dimon said this week that he views bitcoin as the second coming of the Tulip Crisis (the very first economic bubble). 
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- Alicia McElhaney / She Spends Issue #20

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Trump, Dems Raise Debt Ceiling While Hurricane Irma Looms

  • RAISE THE ROOF: On Wednesday, Donald Trump struck a deal with Democrats to raise the debt ceiling and keep the government open through December. The stock market responded in kind, as investors breathed a sigh of relief -- at least for now.
  • CYBER STRUGGLE: Equifax, one of the three major agencies that checks your credit, was targeted by hackers. Nearly half of all American adults had data stolen.  Check to see if your social security number, birth date and address were impacted here.
  • WAGE GAP GROWTH: The gap between white and black workers' salaries is growing. On average, black men earn 70% of a white man's salary, which has fallen from 80%, where it was in 1979. The wage gap is even worse for black women, the study showed. 
  • INVESTMENT HOW-TO: Lenny Letter interviewed our heroine, Sallie Krawcheck, this week, about how to get started investing. Check it out!
  • PROCTER & GAMBLE SHAKEUP: Trian Partners, a hedge fund activist investor, is working to shake up Procter & Gamble. The parent company of Herbal Essences and Tampax has struggled to make innovative changes over the past few years, which is why Trian Partners has gotten involved. 
  • CHIC CHANGE: Ever consider setting up your budget so you can afford clothes each month? This Racked guide can get you started.
  • MARKET MADNESS: Goldman Sachs CEO Lloyd Blankfein said this week that he's worried about the stock market, given that yields on corporate bonds are lower than dividends on stocks. Translation: Investors who put their money into debt are seeing returns, while those who hold stocks are not. This could signal a market downturn.
  • IRMA: Hurricane Irma has already torn a path through Puerto Rico and is heading for Florida. If you want to know how to help those impacted, check out this guide. 

- Alicia McElhaney / She Spends Issue #19

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CREATE A MALE CO-FOUNDER, GET DOUBLE THE INVESTORS

  • HARVEY RELIEF: We're devastated by the flooding in Texas that resulted from Hurricane Harvey. If you're looking for places to donate, click here. Please also consider checking up on your insurance on your home or apartment - make sure you're protected from flooding and other natural disasters.
  • KEITH MANN: Ever wonder what it would be like to do your job as a man instead of a woman? These startup founders did and found that the man they invented got a greater response from investors. Yikes.
  • SERVICE WORKERS: We love this new podcast, In the Service, about what it's like to be a woman working in the food industry.  
  • INVESTMENT FOMO: A new tool, Extreme FOMO, shows how much money you could have if you invested it in major companies instead of letting it sit in savings. 
  • OUTLAST THE COMPETITION: Ever wonder how to deal with ultra-competitive coworkers? According to Ladders, backing down is the worst thing you can do. 
  • BAD PR: Black Girls Who Code turned down a major investment from Uber because it viewed the move as a gross PR stunt, Blavity reports. 
  • RICH BITCHES: Two American women, Judy Faulkner and Meg Whitman, are among tech's richest, BizWomen reported this week. Faulkner founded medical records company Epic and is worth about $3.4 billion, while Whitman, former CEO of HP and eBay, is worth about $2.8 billion.
  • BIDDING WAR: A bidding war broke out this week over U.K. fashion retailer Matchesfashion. Offers from multiple private-equity firms hovered around £800 million. 
  • LINKEDIN BIASThis Quartz report shows a major difference between men and women's LinkedIn profiles that can be damaging to women in the long run. 

- Alicia McElhaney / She Spends Issue #18

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AVOCADO LOVERS CELEBRATE, WOMAN SUES IN DEFENSE OF HEAVY FLOW

  • AVOCADO JUNKIES REJOICE: Amazon's acquisition of Whole Foods is closing on Monday, which in M&A world is a super fast turnaround. The good news that comes with this announcement? Amazon is lowering prices of many Whole Foods products on Monday, including avocados. Another perk? Prime members are going to get major deals. 
  • HOT BOD: How much is too much to spend on a fitness class? the Wall Street Journal asked. 
  • POOR ADVICE: People who have never lived in poverty need to stop telling poor people how to live. There's so much bunk advice out there for people making minimum wage that doesn't work in practice. The Establishment breaks it down.
  • PERIOD SUIT: A woman was fired from her for having a heavy flow. In response, she's suing the company. Go girl! 
  • UBER MONEY: Axios got access to Uber's financial statement. The private company is often tight-lipped about their money, so this sneak peek is certainly interesting. But buyer beware! Since the financial statement is self-reported, it can be tweaked to reflect favorably on Uber. 
  • LADY LOVE: We love this list of 30 female-founded startups that are creating products people are obsessed with. Glossier, Away and 23andMe all make appearances on the list. 
  • NEGOTIATION: Amy Schumer retroactively negotiated more money for her Netflix special when she found out that Chris Rock and Dave Chappelle were making nearly DOUBLE on their comedy specials. 

- Alicia McElhaney / She Spends Issue #17

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CEOs Go Rogue While The Stock Market Weakens

  • ROGUE CEOS: The two White House business advisory groups - the Manufacturing Council and the Strategy and Policy Forum - disbanded this week after Donald Trump made egregious remarks in support of ACTUAL NAZIS in Charlottesville. Big shock, huh? 
  • ADULTING: Or not. Can we ban that word
  • MARKET MOVES: The stock market fell Thursday as a result of increased uncertainty caused by Donald Trump's comments on GOP leaders, as well as the terror attack in Barcelona. 
  • BIG FUCKING DEAL: Private equity firm Energy Capital Partners has agreed to acquire Calpine Corp., a U.S.-based power generator, in a deal worth $17 billion in cash and debt. Damn, that's a pricey company!
  • THRIFTY BUSINESS: A whole lot of Ivanka Trump's clothing line is ending up in Goodwill, according to Fortune
  • COLOR OF RISK: Women of color are exposed to more chemicals in beauty products than white women, according to researchers. Face lightening creams and hair relaxers could be the culprit.
  • #LOOSECHANGE: Don't forget to check out our recently launched blog, #loosechange! We posted a piece on what to do in the wake of the Charlottesville terror attack, as well as a much lighter travel money diary

- Alicia McElhaney / She Spends Issue #16

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