Gag Rule Goes Into Effect (But We're All Focused on The Squad)

  • GAG RULE: The Trump administration started enforcing the federal gag rule this week, which bars organizations like Planned Parenthood that receive federal funding through Title X, from discussing abortion as an option with folks, Politico reports. Planned Parenthood said it has limited emergency funds that it can use to tide it over while it dukes it out with the administration in court.

  • THIRDLOVE: Thirdlove, which is considered Victoria's Secret's biggest competitor, is opening a pop-up shop, Bloomberg reports.

  • MONEY TALKS: Vox's The Goods launched a new feature this week called Money Talks, which is all about the intersection of money and relationships.Check it out.

  • EPSTEIN BANKING: Deutsche Bank was the financial institution facilitating Jeffrey Epstein's financial business, Bloomberg reports. The bank severed ties with Epstein just this year. Related: Hedge-fund billionaire Glenn Dubin and his wife Eva Dubin (a model-turned-doctor), had financial, social and philanthropic ties to Epstein, Business Insider reports. Yikes.

  • WEWORK: WeWork co-founder Adam Neumann has cashed out of his WeWork stake just before the company lists itself publicly, the Wall Street Journal reports.

  • SQUAD FOREVER: We love the Squad, that is all.

How Did Epstein Make His Millions? And Will The Federal Reserve Cut Interest Rates?

  • MAJOR CREEP: Jeffrey Epstein is finally facing consequences for years-long repulsive behavior toward underage girls. He is allegedly a billionaire, but no one knows how he made his money. Business Insider had a scoop on this, while New York Magazine had a few conspiracy theories.

  • LOWERED PRICES: FLEX founder Lauren Schulte Wang announced that her company is lowering prices this week, in a bid to prioritize people over profits. Cool!

  • INTEREST RATE CUTS?: Federal Reserve chairman Jerome Powell signaled this week that he may cut interest rates, The Wall Street Journal reports.

  • FRENCH GIRL BUY: Private equity firm Permira has bought a stake in everyone's favorite tiny dressmaker, Reformation, City A.M. reports.

  • NO LOANS: SunTrust is joining the ranks of Bank of America and JPMorgan, refusing to loan money to private prison companies, Bloomberg reports. Related: the New York Times is reporting that ICE raids will start this weekend. Be prepared, using this guide from Informed Immigrant.

  • GAGA'S HAUS: Lady Gaga is launching a new beauty line, according to Business of Fashion.

Bank of America Joins Others in Denying Loans to Private Prison Companies Housing Children at the Border

  • BORDER CRISIS: Read this New Yorker article about one of the facilities holding children separated from their parents in deplorable conditions.

  • #MARSHAEJONES: An Alabama woman has been charged with manslaughter after having been shot five times in the abdomen, all because she miscarried as a result of the injuries, AL.com reports.

  • NO LOANS: Bank of America has joined Wells Fargo and JPMorgan in refusing to loan money to private prison companies, Bloomberg reports.

  • SHE/HER/HERS: Those pronoun email signatures aren't going away anytime soon, according to Quartz.

  • MEN'S TEAM: The US Women's Soccer Team is still paid less than the men's team. Deadspin asked the men's team how they felt about this. Their responses? No comment.

Slack Goes Public Via Direct Listing, Five NY1 TV Anchors File Suit

  • SLACK GOES PUBLIC: Everyone's favorite messaging app went public this week using a direct listing instead of an initial public offering, which means that it has no underwriters. CNBC reported on how quickly the firm's stock soared following the listing.

  • SHE'S POWERFUL: One of the most powerful women in the hedge fund industry doesn't manage money, The Wall Street Journal reports. Instead, she's a recruiter.

  • QUEEN JODIE: We can't wait for the Daria revamp, which centers on Jodie Landon, Daria's smart, resonant pal from the initial series. Neither can Man Repeller.

  • LAWSUIT: Five NY1 television anchors are suing their employer for sex and age discrimination, the New York Times reports.

  • VC GAP: The venture capital fundraising gap is worse for deep-tech startups run by women, according to Bloomberg.

Wall Street's Men Are Struggling To Take Paid Family Leave, While Its Women are Suing Goldman Sachs

  • PERSONAL FINANCE SCAM: A writer for GQ penned a smart essay on what the personal finance industry needs to do to be better. 

  • MILLENNIAL ART: White millennial women who write books and television shows centered on asshole women are having a moment in the media. But at what cost? asks Another Gaze

  • EMAIL RESPONSES: Illustrator Dani Donovan has a fantastic comic on how to respond to emails like a boss. Definitely saving this one. 

  • PARENTAL LEAVE: Dads on Wall Street are struggling to take their parental leave, Bloomberg reports. 

  • RESISTING: A group of women suing Goldman Sachs for gender discrimination are refusing to settle out of court with the bank, according to Bloomberg

  • THERANOS: What happens to your resume when you work for a company like Theranos? One Quartz reporter found out. 

Joe Biden's Abortion Problem

  • THIS WEEK IN ABORTION: Presidential candidate Joe Biden said he'd still support the Hyde Amendment, which bars federal dollars from being spent on abortions, except in the case of rape, incest or the mother's life is in danger, The Hill reports. In an MSNBC town hall, Elizabeth Warren explained why it's harmful to folks in poverty. Also, anti-abortion campaigners are running a period tracking app, the Guardian reports. 

  • QUEEN KESHA: Kesha released our new summer anthem this week, Pitchbook reports. It includes a line on equal pay, so it's obviously perfect. 

  • TRADE WAR: A trade war between the United States and Mexico heated up this week, as leaders from both nations negotiated in Washington, D.C., Reuters reports. The talks have arisen because President Donald Trump threatened to slap a 5% tariff on the country if it didn't stem migration from other Latin American countries to the United States. Said tariff would increase by 5% each month up to 25%. 

  • BREAK UP: Fiat Chrysler was set to buy fellow carmaker Renault. Then the deal fell apart, causing Renault shares to plunge. The Wall Street Journal explains what happened. 

  • EMILY DOE: The woman who was assaulted by Brock Turner is writing a novel, The Cut reports. 

Missouri is Facing A Closure of Its Last Abortion Provider

  • CLINIC CLOSURE: Missouri is about to become the first state without a clinic that performs abortions thanks to a procedural issue with the state's health department, according to NPR. The license expires today, so stay tuned for whether or not the courts will intervene. If you want to take action against this restrictive abortion ban, and others, check out these ideas

  • SHAREHOLDER VOTE: Facebook shareholders voted against splitting the company's chairman and CEO roles on Thursday, according to The Wall Street Journal. Doing so would have taken some power away from Mark Zuckerberg.  

  • ON BEAUTY: Feminism and the pursuit of beauty often feel at odds. Contrapoints shared a video this week on the issue from a trans perspective, which was fantastic. 

  • FAILURE TO DIVEST: Transportation Secretary Elaine Chao said she would divest her shares of Vulcan Materials. Then, she didn't, according to The Wall Street Journal.

  • NO AID: A lone representative in Congress, Tennessee's John Rose, has opposed a major financial aid bill for natural disasters for the third time this week, Buzzfeed reports. 

  • FREE FALLING: La Croix's shares are freefalling, as sales have dropped 9.4 percent in the last 12 weeks, according to Business Insider

The Fight Against Restrictive Abortion Laws Continues, Tesla Shares Tank

  • HE APOLOGIZED: If you don't read anything else this weekend, read this opinion piece in The New York Times, penned by Michelle Alexander. In it, sheshares how she made the decision to get an abortion after she was raped (her rapist apologized), and how she told her daughter about it years later. 

  • RETURN: Hedge fund giant David Tepper is returning his clients' capital after years in the industry, The Wall Street Journal reports. 

  • WYNN MONEY: The Republican party has accepted $400,000 in donations from ex-casino magnate Steve Wynn, who was accused of sexually harassing and assaulting employees last year, Politico reports. 

  • FARE SURGE: Uber and Lyft drivers are working together at Reagan National Airport to ensure that fares surge by shutting down the apps at the same time, then re-opening them to take advantage of the higher payout, WJLA reports. Sounds like the beginnings of a union, no? 

  • PENSION WAR: The Maryland State Pension Fund is working to divest assets from Alabama-based companies and brokers after the state passed its restrictive abortion ban, Institutional Investor reports. 

  • TESLA TROUBLE: Elon Musk wrote an email to employees this week saying that customer demand for their cars is still high, despite analyst concerns to the contrary, Business Insider reports. Tesla's stock tanked this month after skeptical reports on the company's growth prospects were published. 

Three States Pass Restrictive Abortion Laws, Igniting Concerns Over A Future Supreme Court Case Challenging Roe v. Wade

  • ABORTION LAWS: Three states passed restrictive abortion laws this week: Georgia, Alabama and Missouri. While it is still legal to get abortions in those states now, when the laws go into effect, most pregnant folks won't be able to access the necessary health care service. Things are bad, but if you want to make change, reach out to your representatives on a state and local level, and sign up to volunteer at your local abortion provider. Donate to groups like the Yellowhammer Fund. New York magazine has a great list of ideas on what to do here

  • TURBOTAX SCAM CONTINUES: It turns out that TurboTax forced a lot of people to pay to do their taxes who shouldn't have. ProPublica has more. 

  • OPIOID EFFECT: One opioid maker, Insys Therapeutics, told shareholders this week that it could be forced to file for bankruptcy, The Wall Street Journal reports. Its stock tanked 74% as a result. 

  • THERANOS 2.0?: Startup uBiome is using stock photos for customer testimonials on its website, The Wall Street Journal reports.

  • LGBTQ FAMILIES: The Trump administration has started de-recognizing the U.S. citizenship of children born to same-sex couples who are U.S. citizens, the Daily Beast reports. 

Donald Trump Wrote Down More Than $1 Billion In Tax Losses, His Former Chief Of Staff Profits From Role With New Board Seat

BILLION DOLLAR LOSER: President Donald Trump's tax returns show that he has written down at least $1 billion in business losses, according to the New York Times

  • ABORTION BAN = FORCED BIRTH: Georgia governor Bryan Kemp signed a bill into law this week that would prevent abortions in the state after six weeks. The bill criminalizes abortion, which means that women who attempt to leave the state to have the procedure, or who attempt it illegally could be charged with murder,Slate reports. 

  • HIDDEN DATA: The Consumer Financial Protection Bureau has moved to limit home loan data, which would severely limit the public's ability to keep an eye on discriminatory lending practices, according to Reveal

  • #FREEBLACKMAMAS: Black Lives Matter is working to raise bail money for black incarcerated mothers this weekend, per Medium.

  • FACE BREAKING: The co-founder of Facebook is now calling on the government to break the company up on the basis of it being a monopoly, per New York Times Opinion.

  • QUESTIONABLE BOARD SEAT: Former White House chief of staff John Kelly now sits on the board of a company, Caliburn International, that operates the largest shelter for migrant children, CBS reports. Seems suspect...

Several Publicly-Traded Companies Paid $0 in Federal Taxes, 50 Cent Got His Money By Monday

  • ZERO TAXES: Several publicly-traded companies including Amazon and General Motors paid $0 in federal taxes in 2018. Voters, according to The New York Times, are fed up.

  • CALLED OUT: Brown Brothers Harriman, a major investment firm, is advertising its financial advisory services for women. One problem, though, as Ellevest points out: The firm doesn't have all that many women employed in its top ranks.

  • BILLIONAIRES WORRIED: Some of the top-earning Wall Streeters are sounding the alarm on class inequality, DealBook reports. But it seems like their concerns are driven by concerns about economic growth, not because they think this is a problem that needs to be solved. Your thoughts? 

  • LIVE-IN HELP: Want to know why top-earning men are able to earn so much? It turns out that many of them have partners who stay at home, Quartz reports.

  • MONEY BY MONDAY: There truly is nothing better than a public feud between celebrities, especially one involving money. Lala Kent from Vanderpump Rules squared off with 50 Cent (also known as 'Fofty') last weekend. The Cut explains why. 

Tax Filing Bill Under Scrutiny, Private Equity Firms are Investing in EVERYTHING

  • TURBO SCAM: Turbotax makes it incredibly hard to file taxes for free, ProPublica reports.

  • THEY DID WHAT?: A former junk bond saleswoman for Cantor Fitzgerald wants to have her day in court company, claiming that her former co-workers allegedly sexually harassed her, Bloomberg reports. Lee Stowell claims her coworkers defecated in her Bernie Sander mug among other offenses. No wonder Cantor Fitzgerald wants to keep the case in mandatory arbitration and out of the public eye. 

  • SOROS FUND MANAGEMENT: The woman leading the Soros family office, Dawn Fitzpatrick, is making sweeping changes at the $25 billion firm, The Wall Street Journal reports. 

  • DEUTSCHE FOR SALE: UBS and Deutsche Bank are reportedly in serious merger talks, according to the Financial Times

  • TESLA TANKS: Tesla reported earnings this week and the results left something to be desired, according to The Wall Street Journal

Market Ignores Mueller Report, Billionaires Finance Notre Dame Rebuild

MUELLER REPORT: The Mueller Report, which details the months-long investigation into President Donald Trump, landed Thursday. While some expected that the stock market would falter as a result of the findings, it largely shrugged things off, Barron's reports

  • TWO QUEENS: Janelle Monae interviewed Lizzo for them. Need we say more?

  • SERENA: Ever wonder how Serena Williams invests? Now you can find out by checking out her venture capital fund's website

  • FED: Herman Cain is still under consideration for the Federal Reserve Board, despite concerns about his experience. Now, one woman who says Cain sexually harassed her has offered to describe to the Senate Banking Committee how his private parts look to corroborate her story, the Daily Beast reports.

  • NOTRE DAME: The Notre Dame burned this week, and private equity giants are stepping in to help defray the costs, Institutional Investor reports.

  • MLM: Is academia an MLM? Anne Helen Petersen ponders the question in her newsletter. Bonus reading: The Gentrification of the Mind by Sarah Schulman

  • INFLUENCERS AND "FEMINISM": Influencers love to bastardize the term "feminism," but at what cost? Blue Collar Red Lipstick explores the issue on her blog. 

Netflix, Jones Day Face Discrimination Lawsuits From Former Female Employees

  • DISCRIMINATION SUITS: A former Netflix executive, Tania Zarak, says she was fired from the company because she got pregnant. She filed a lawsuit against the company this week, Vox reports. Major law firm Jones Day was also sued this week by six former female employees, who allege that the firm discriminated against them based on their gender, The New York Times reports.

  • BEZOS DIVORCE: The divorce between Amazon founder Jeff Bezos and his wife, novelist and nonprofit head Mackenzie Bezos, has been finalized. Mackenzie is set to receive 4% of Amazon's common stock, according to Marketwatch

  • CAIN TO THE FED: President Donald Trump is set to name former presidential candidate Herman Cain to the Federal Reserve Board, Axios reports. Cain previously served on the Federal Reserve Bank of Kansas, but he does have a history of sexual harassment.  

  • VAWA PASSES HOUSE: The House of Representatives has passed a stricter version of the Violence Against Women Act, Politico reports. 

New York Files Suit Against Sackler Family, Lyft Readies Itself To Go Public

  • SACKLER SUIT: New York State announced Thursday that it will sue the Sackler Family, which owns OxyContin maker Purdue Pharma, The New York Times reports. The Sacklers allegedly helped mislead the public about the addictive potential of OxyContin. 

  • LYFT VS. UBER: Lyft is set to launch its initial public offering Friday, and has been battling Uber for funding, The Wall Street Journal reports. 

  • SEXUAL HARASSMENT STARTUP: Simone, a fledgling startup, is working to connect people who have been sexually harassed or assaulted at work with lawyers, therapists and career coaches, Fortune reports. 

  • J. CREW FALTERS: J. Crew is restructuring its debt for the second time this year, thanks to faltering sales and a dwindling cash pile, Reuters reports. 

  • AVENATTI TARGETED NIKE?: Stormy Daniels' former lawyer, Michael Avenatti, was arrested this week for allegedly trying to extort Nike for up to $25 million, CNBC reports. 

Hedge Fund Star Accused of Harassment, Glossier Surpasses $1 Billion Valuation

  • HARASSMENT ACCUSATIONS: Hedge fund magnate and the co-founder of Birthright Israel, Michael Steinhardt, allegedly engaged in sexual harassment, the New York Times reports. 

  • CAT MARNELL? TAXES?: New York party queen, author of "How To Murder Your Life" and former xoJane columnist Cat Marnell pays taxes now, The Cut reports. A gem from the interview: "Everyone’s always like, 'Oh, she has daddy’s money.' First of all, that’s very sexist. It was always my grandmother’s money."

  • GLOSSIER SURPASSES $1B: Beauty startup Glossier has surpassed a $1 billion valuation, The Wall Street Journal reports. 

  • UNDERSERVED: Ro, the startup that brought you those risque subway ads, has launched a platform called Rory for women with menopause, Fortune reports. 

  • BAD BLOOD: Have you watched the Theranos documentary on HBO yet? If you can't get enough (and if you've already read the book and the news stories, and listened to the podcast), Tavi Gevinson has a spot on imitation of Elizabeth Holmes.

Celebrities, Financiers Charged in College Admissions Bribery Scheme

  • BRIBED: Approximately 50 celebrities, financiers and other wealthy folks were indicted this week for allegedly bribing college athletic staff to accept their children or for bribing a college test prep center to change their children's entrance exam scores, The New York Times reports. If you want deets on the financiers involved in the scheme, check out Institutional Investor's story. 

  • DOING THINGS: Ever wonder how Outdoor Voices become so popular? Jia Tolentino profiled the business for The New Yorker this week. 

  • BANKRUPTCY: Not all companies that file for bankruptcy close their doors. Vox explains why. 

  • WARREN BUFFETT'S BIG PROBLEM: Berkshire Hathaway, the veritable empire of companies owned by legendary investor Warren Buffett, has a problem: its workers' compensation unit is being investigated by New Jersey regulators, the New York Post reports. 

  • SAFE SPACES: Autostraddle has a great piece on making activist spaces safe for everyone. 

  • WOMEN'S HEALTH: New York had a busy week when it came to women's healthcare. Thousands of backlogged rape kits were tested, and as a result, 64 attackers were convicted, The New York Times reports. But pelvic exams can still take place without consent in the state. A set of new bills introduced this week aims to change that, Politico reports. 

La Croix's Price Tanks After Earnings, Martin Shkreli is Running His Drug Company From Jail

  • LA CROIX CRATERS: The maker of La Croix, National Beverage Corp., saw profits fall 36.9% during the three months ending January 26, CNBC reports. The beverage company blamed the profit loss on "injustice," although it is unclear what sort of injustice they mean.

  • FIRE BROS: Have you heard of the FIRE movement? It promises Financial Independence and Retiring Early, and it's chock full of batshit bros, according to Mel. Check out the article and then learn about the women of the FIRE movement (who happen to be very cool!).

  • PREMIUM MEDIOCRE: Have you noticed that more upgrades are within your reach, but that they're not exactly fancy? You're not alone. The Business of Fashion explains the rise of premium mediocre in a December op-ed. 

  • SHKRELI'S BACK: Drug price gouger Martin Shkreli is apparently running his company from jail, The Wall Street Journal reports. 

  • BANKRUPTCY: The drug company behind Oxycontin, Purdue Pharma, is considering filing for bankruptcy, Reuters reports. 

The Traumatic Job of Monitoring Facebook Posts; 53 Victoria's Secret Stores Set to Close

  • MUST READ: If you read anything this weekend, make sure it's this story from The Verge on the people who moderate Facebook's "reported" posts. The workers, who get paid hourly, are exposed to traumatizing material on a regular basis, all while given few freedoms by their employer, according to the report.

  • VICTORIA'S SECRET CLOSINGS: After another tough quarter, L Brands, the parent company of Victoria's Secret, announced that it will close more than 50 retail stores, Business of Fashion reports. 

  • YELLEN IS YELLIN': Former Federal Reserve Chair Janet Yellen told Bloomberg this week that President Donald Trump doesn't understand how the central bank works. 

  • ECONOMIC GROWTH: The American economy grew again during the fourth quarter of 2018, swelling by 2.6% during the quarter, the Wall Street Journal reports. This is a continuation of a decade-long expansion for the U.S. economy. 

  • HELPING WOMEN: Want women working in retail to advance into management? The Harvard Business Review has a list of 12 ways to do it. 

Pinterest Will Go Public This Spring, The Lip Bar Opens Its First Brick and Mortar Location

  • PINTEREST IPO: Tech company Pinterest has filed to go public with a valuation of at least $12 billion, The Wall Street Journal reports. Translation: you will soon be able to buy and sell shares of the company.

  • MAKING MONEY MOVES: Cosmetics company The Lip Bar has opened its first brick and mortar store in Detroit, Crain's reports. Amanda spoke with the company's founder just one year ago. Check out what she shared here

  • MUTING, NOT CANCELING: Thinking about how cancel culture affects the community? Us too. This blog post on muting, rather than canceling, was illuminating.  

  • LET THEM BE HOBBIES: Don't give into the modern trap of turning hobbies into hustles, according to Man Repeller.

  • HAIR PEACE: New York City has made it illegal to discriminate based on someone's hairstyles, which provides a legal recourse for those who have been harassed or punished based on how they wear their hair, the New York Times reports.