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The Broadsheet: January 29th

Good morning, Broadsheet readers! Ursula Burns’ company is poised to split in two, Marissa Mayer is keeping a naughty-and-nice list, and things are looking up for the women of Latin America. Enjoy your weekend.

EVERYONE’S TALKING

• Copy that. Xerox, led by CEO Ursula Burns, is poised to become the latest tech icon to split in two. This morning, the company announced plans to divide itself into one company focused on office machines and another for its services business. After the split, activist investor Carl Icahn will get three seats on the services company’s board. WSJ

ALSO IN THE HEADLINES

• Another bad day for Holmes. Walgreens said it is temporarily closing its Theranos Wellness Center in Palo Alto, after government regulators found practices at its Newark, Calif. lab that pose a danger to patients. The drugstore chain, which is Elizabeth Holmes’ company’s biggest retail partner, also will suspend sending patient blood samples to the Newark lab. WSJ

• Marissa’s naughty list? Yahoo CEO Marissa Mayer is reportedly keeping an “Invest/Maintain/Kill” list to determine who and what makes it through the company’s upcoming cuts, which are expected to follow next Tuesday’s earnings report.  Fortune

• Equal pay bill blitz. A coalition of progressive and women’s empowerment groups are advancing equal pay bills in nearly half of U.S. state senates. The biggest challenge? Getting lawmakers to agree that the gender pay gap is still a problem.  Washington Post

• Fire away. Former Citigroup trader Carly McWilliams told a UK employment tribunal that she was suspended while on maternity leave because she was “easy cannon fodder” for the bank as it tried to appease regulators conducting a probe into market manipulation.  Bloomberg

¡Felicidades! Latin America, which is often called out as a laggard when it comes to women and business, could lead the globe in gender diversity by 2025. Fortune

IN CASE YOU MISSED IT

• Girls on film. Equity, a financial thriller about a female investment banker—produced by Barbara Byrne, vice chairman, Investment Banking at Barclays—was snapped up Sony Pictures Classics even before its premiere at the Sundance Film Festival. Fortune

• Dropbox drops the ball. Cloud storage company Dropbox has released its 2015 diversity numbers and they’re a mixed bag. The good: More women in engineering and leadership roles. The bad: Overall, the company is even more male than it was in 2014.  Fortune

• A bloody ripoff. Lawmakers in California, Utah, and Virginia—three of the 40 states that tax feminine hygiene products as “luxury” goods—have introduced bills that would create exemptions for the taxes on pads and tampons. Money

• Book babes. The publishing industry has a diversity problem—but not the one you’re expecting: It’s overwhelmingly dominated by straight, white women. Quartz

• RiRi returns. Rihanna has released Anti, her long-awaited eighth studio album, exclusively on subscription music-streaming service Tidal—in which she owns a stake.  Time

Tune in to Fortune Live, hosted by Leigh Gallagher, today and every Friday at 3 pm ET at Fortune.com.

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ON MY RADAR

Chelsea Handler’s ‘Note to Self’  CBS News

This is the new way Nike is going after women  Fortune

Lauren Santo Domingo on the quiet success of Moda Operandi  Observer

IBM CEO Ginni Rometty getting $4.5 million bonus for 2015  WSJ

QUOTE

Own your story.

Sonja Perkins, founder of all-women angel investment firm Broadway Angels, on her advise to female entrepreneurs