Good morning, Broadsheet readers! Today, good news: Intel doubles its hiring of women and minorities. And not-so-good news: There are still 12 companies in the S&P 500 with all-male boards. Plus, Republicans are finally starting to see what Carly Fiorina has been telling them all along. Have a terrific Thursday.
EVERYONE'S TALKING
• Diverse inside? Intel reports that 43% of its 2015 hires have broken the white-male mold: 35% were women, 7.5% were Hispanic and 4.7% were African-American. While that's still a long way from representing the U.S. population, it's a notable change from last year, when only about 20% of the chip maker's new hires came from these groups. Fortune
ALSO IN THE HEADLINES
• She told you so. Republicans are realizing that Carly Fiorina's position as the sole woman in a field of 17 GOP candidates gives her unique power to stand up to Donald Trump and counter the charge that the party is waging a war on women. New York Times
• Gender on the job. For America's 700,000 transgender people, figuring out what to say—and how to dress—at work can be a minefield. Bloomberg
• The last of the boys clubs. A dozen S&P 500 companies—including Garmin, Cabot Oil & Gas, and Delphi Automotive—still have all-male boards. Sure, that's down from 60 a decade ago, but it still makes you wonder how any company can rationalize a woman-free board in 2015. Washington Post
• Against ivory. Chelsea Clinton writes that the Clinton Global Initiative is partnering with the Elephants Action Network to reduce the demand for ivory by stigmatizing its purchase. Her op-ed, which includes charming photos of her 1997 safari with mom Hillary, notes that more than 32,000 elephants are killed each year. AOL
• The 411 on OT. If a proposed rule change on who qualifies for overtime pay goes into effect, an estimated 5.9 million people will start taking home bigger paychecks. The biggest beneficiaries? Women—particularly single moms and black and Hispanic women. Fortune
• HP's better in half. Hewlett-Packard announced who will be on its new boards after its November split into two companies. Former Alcatel-Lucent CEO Pat Russo will be chairman of Hewlett-Packard Enterprise, where current HP CEO Meg Whitman will be chief executive. Task Rabbit COO Stacy Brown-Philpot (and former Googler) is joining the board of the other entity, HP Inc., which Whitman will chair. Both new companies earn kudos for their recruitment of women and minorities: each company's board will include four women and two people of color. Re/code
• Voting in vogue. Glamour is launching The 51 Million, a politics vertical to cover the 2016 presidential election for young women voters. Capital New York
IN CASE YOU MISSED IT
• Short on cash. Retailer American Apparel, led by CEO Paula Schneider, implied in a SEC filing that it may be forced to seek bankruptcy protection if it can’t raise more money. Fortune
• Not your average pharma rep. The FDA sent a letter to drug maker Duchesnay after Kim Kardashian, who is pregnant, posted a photo of herself holding a bottle of the company's morning sickness drug on Instagram. The regulator said Kardashian's post failed to provide information about the drug's risks. New York Times
• Ann of the Arctic. Shell executive Ann Pickard is known as one of the oil industry's "toughest operators." After spending five years in Nigeria, at what some have called the industry's most dangerous executive post, Pickard was plucked from the brink of retirement to lead the company's controversial Arctic drilling venture. The Guardian
• Slow clap for Saudi. Saudi Arabia will soon have its first local elections open to women. While progress is achingly slow, observers say the country is finally beginning to allow women a larger role in society and the economy. Bloomberg
• Flying nannies. Private equity firm KKR is extending paid leave benefits, as well as allowing new parents to bring children and nannies on business trips—paid for by the company. This is the firm's latest effort to recruit and retain more women; currently, only 12 of 93 senior professionals at KKR are female. Bloomberg
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ON MY RADAR
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QUOTE
The reality for many—particularly women and minorities—is that more education means more money, more power and more success
Kathryn Loewen, founder of sales tracking startup Control, on why women should get MBAs
