Shoppers may have fewer dollars these days, but they still want to make the most of them. That's the idea behind Gilt Groupe, the members-only shopping site featuring daily deals, or "flash-sales," on limited quantities of designer goods. (Click here for a post about Gilt CEO Susan Lyne, formerly head of Martha Stewart Living Omnimedia).
Now Gilt is bringing the same formula to the luxury travel sphere with a new site MORE
Jessica Shambora, Writer-Reporter - Sep 30, 2009 4:19 PM ET
Addendum: The Starbucks Via Taste Challenge kicks off Friday and runs through Monday in Starbucks stores across the U.S. and Canada. But I got a head start Tuesday morning, as I noted in the post below: I disagree with CEO Howard Schultz's "guarantee" that you won't be able to tell the difference between Starbucks' drip and its new instant (or "ready brew," as he calls it). Starbucks Bold drip handily MORE
Patricia Sellers - Sep 29, 2009 6:34 PM ET
Xerox's $6.4 billion deal to buy Affiliated Computer Services--which walloped the stock yesterday--is evidence that new CEO Ursula Burns knows what she wants and won't waste time getting it. "Top line revenue growth," Burns replied, at Fortune's Most Powerful Women Summit, when asked what is Xerox's "unfinished business."
The Summit interview was the first public sit-down for Burns and Anne Mulcahy since the former took over from the latter in the MORE
Patricia Sellers - Sep 29, 2009 1:37 PM ET
Yahoo CEO Carol Bartz
Ever since she stormed into Yahoo (YHOO) as its new CEO in January, Carol Bartz has been adamant that the company needs to simplify and define itself. What is Yahoo? "We're not a search company. We're not just a social media company. We're not just a content company. We're really the center of people's online lives," she told Fortune managing editor Andy Serwer in an MORE
Patricia Sellers - Sep 28, 2009 2:06 PM ET
Fortune tech editor Stephanie Mehta facilitated a discussion at last week's Fortune Most Powerful Women Summit about making science cool for girls and young women so that more of them pursue careers in science and engineering. Several prominent women from those industries weighed in, including astronaut Sally Ride, Google's (GOOG) Marissa Mayer, and the Cleveland Clinic's Maria Siemionow, who led the surgical team that performed the first face transplant. Read MORE
Jessica Shambora, Writer-Reporter - Sep 25, 2009 5:13 PM ET
Last week's Fortune Most Powerful Women Summit was teeming with experts. They offered points and opinions on so many topics, with data to back it all up. Here, some of our favorite stats:
1. The No. 1 quality that successful business leaders have in common is that they started a business at a young age. --Warren Buffett, Chairman and CEO, Berkshire Hathaway (BRKB) (Click for video of Summit interview with Buffett.)
2. MORE
Jessica Shambora, Writer-Reporter - Sep 25, 2009 1:01 PM ET
Former HP (HPQ) CEO Carly Fiorina is taking flak for her website for her campaign for the California GOP senator slot in next year's election. But Fiorina has good reason to be a bit scattered: She's battling cancer (after discovering a lump in her breast last winter, two weeks after a mammogram showed she was clean). Read Time National Political Correspondent Karen Tumulty's take here. (We also wrote about Fiorina's MORE
Jessica Shambora, Writer-Reporter - Sep 25, 2009 12:32 PM ET
Participants at last week's Fortune Most Powerful Women Summit were joined by two special guests via satellite: Former Hewlett-Packard (HPQ) CEO Carly Fiorina and Elizabeth Edwards, wife of former Presidential candidate John Edwards. The women were unable to attend the Summit in-person due to ongoing treatment for cancer, but they were eager to show their support for Stand Up To Cancer (SU2C), an initiative backed by the entertainment community to MORE
Jessica Shambora, Writer-Reporter - Sep 24, 2009 3:26 PM ET
"In a corporate environment you need to understand the culture you work in, and find a way to make it work for you rather than trying to fight it...what you need to look for is the informal power of the corporation, not necessarily the way the organization looks."
-- Linda Hudson, president of Land & Armaments at BAE (BAESY) Systems, in the New York Times. Hudson, who is No. 43 on MORE
Jessica Shambora, Writer-Reporter - Sep 23, 2009 6:22 PM ET
One of the highlights of last week's Fortune Most Powerful Women Summit was an appearance by former Secretary of State Condoleezza Rice, who sat down with Fortune's Washington editor, Nina Easton. Rice got personal about her parents and passion for education. She also waxed political, on Russia, China, Afghanistan and Iran. Whatever their views, Summit audience members were moved, giving Rice a standing ovation as she left the stage. (Read MORE
Jessica Shambora, Writer-Reporter - Sep 23, 2009 3:43 PM ET
For the latest on the most influential women in business, philanthropy, government, and the arts, like us on Facebook. 
In a funny and candid interview, Google VP Marissa Mayer explains how she got to the top. Watch
Xerox CEO Ursula Burns shares how she once accepted a job with Dell but ended up staying with Xerox. Watch
Pattie Sellers has written some of Fortune's most talked-about cover stories, including "Oprah's Next Act," "Can Meg Whitman Save California?" "The $100 Billion Woman" (Melinda Gates), "MySpace Cowboys," Martha Stewart ("I cannot be destroyed"), Ted Turner ("Gone with the Wind") and Oprah Winfrey ("Oprah Inc."). Since its launch in 1998, Pattie has helped oversee Fortune's "Most Powerful Women" cover package.
A specialist at dissecting larger-than-life personalities, she has also profiled former U.S. Treasury Secretary Hank Paulson, Morgan Stanley chairman John Mack, and countless CEOs.
Pattie co-chairs the annual Fortune Most Powerful Women Summit, the preeminent gathering of women leaders in business, philanthropy, government, academia, and the arts. She started at Fortune in 1984, covering the big brand companies.
In Pattie's blog, Postcards, she provides insight into the lives of super-achievers through commentary, career advice, and Guest Posts by CEOs and other leaders.
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Fortune Most Powerful Women
Sheryl Sandberg:
Gina Bianchini
