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WMPW

The World’s Most Powerful Women: April 19

By
Laura Cohn
Laura Cohn
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By
Laura Cohn
Laura Cohn
Down Arrow Button Icon
April 19, 2016, 1:14 AM ET

Good morning, WMPW readers! The EU’s Margrethe Vestager is circling Google, a Japanese businesswoman is lending a hand to ex-gangsters in a way that will surprise you, and Brazilian President Dilma Rousseff has vowed to fight impeachment efforts. Got a tip for me? Get in touch, at: [email protected] or @laurascohn. Have a good day!

THE BIG STORY

Girding Google

Margrethe Vestager, the European Union's competition chief, is going after Google again. This time, she is looking into Google's Android contracts to determine whether the company is closing out its competitors. Her concern: the company forces phone makers and operators to preload a set of Google apps instead of letting customers choose which ones they want themselves. Last spring, Vestager filed formal charges against Google, accusing it of using its search engine to steer customers to its own online shopping service. Charges in the Android case could come later this week.

Wall Street Journal

EUROPE/MIDDLE EAST/AFRICA



Change that's too slow
A new Financial News survey shows that roughly two-thirds of women who work in finance think gender has hurt their chances of success. Respondents also said talk about industry diversity has not made much of a difference. Brenda Trenowden, chair of 30% Club, a diversity advocacy group, said: "I don't think any of us think change is happening at a fast enough pace."
Financial News

.



Making up in Iran
Beauty businesses are eyeing Iran, now that the nuclear agreement has lifted international sanctions. Case in point: The opening of Dubai businesswoman Negin Fattahi-Dasmal's nail salon in Tehran.
Coins2Day

 

ASIA-PACIFIC


Lending a hand—er—finger
Yukako Fukushima has an unusual job, to say the least. She makes hand-crafted pinkies for reformed Japanese gangsters who have had their little fingers cut off as punishment. Fukushima, whose handiwork can cost more than $2,000, will only provide the service if she has proof a potential client has left his gang.
Guardian

.


Small steps help
Businesswoman Carol Haffke, who owns the Australian shoe boutique Shoe Garden, is funding micro-loans for businesswomen in Malawi.
Quest Newspapers

.



Another nuke?
South Korean President Park Geun-hye said it looks like North Korea is prepping for its fifth nuclear test. If true, the act would defy international sanctions put in place this year.
Wall Street Journal

 

THE AMERICAS



Fall from grace
Theranos, the blood-testing company founded by Elizabeth Holmes, has been targeted by federal prosecutors in a criminal investigation to determine whether it misled investors about its technology. The Securities and Exchange Commission is also looking into whether the company misled investors during its fundraising efforts.
Wall Street Journal

.



A long fight
Beleaguered Brazilian President Dilma Rousseff vowed to fight efforts to impeach her. Rousseff, who's under fire because of a weak economy and a corruption scandal at state-owned oil company Petrobras, said: "This is not the beginning of the end, this is the beginning of the fight, and it will be a long one."
Financial Times

.



Helpful hopping
Turns out, women hop from job to job more than men. And that might not be such a bad thing, particularly if it helps women improve their professional standing.
Fast Company

.



Empowered baking
A Virginia bakery, Together We Bake, has become a job training ground for women who are on probation for criminal charges or have spent time in prison. The bakery—founded by two women, Stephanie Wright and Tricia Sabatini—also provides empowerment classes.
New York Times

 

IN BRIEF


Samantha Bee says she's "very zen" about not being offered The Daily Show gig
Mediaite


In a first, the Belgian women's gymnastics team has qualified for the Olympics
Le Soir


Recruiters tend to favor young men over young women
Management Today


Debate rages over "commodification" of women's bodies online
Quartz

 

PARTING WORDS

People are afraid of being alternative because essentially they are afraid that they'll lose money. But I'm making a great business from being alternative.
—Stella McCartney, who uses no fur or leather in her designs
About the Author
By Laura Cohn
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