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Diversity Matters

A new study that shows people of color are outpacing whites in purchasing new homes. The findings were released by Genworth Financial at the Mortgage Lending Industry Diversity Markets Conference & Career Fair in Washington, D.C., last month. "The 2005 Minority Home Buying Surge" report shows that the percentage increase for loans in high-volume areas given to people of color was three times greater in the top 20 mortgage-growth metro areas than it was for white households—and the increase for Latino, African-American and Asian-American loans was up to five times greater, DiversityInc. reports.

The number of women hired as law clerks this term for high-court justices has taken a sharp drop, to less than one in five. Of the 37 new clerks that began their term this summer, only 7 were women, the lowest since 1994 and half as many as last year, according to the Houston Chronicle. About half of all U.S. law students are women.

The U.S. Hispanic Chamber of Commerce and Exxon Mobil announced a new partnership to identify and attract minority entrepreneurs who want to become Exxon and Mobil retailers. "A key objective of the USHCC is to expand business opportunities and economic empowerment for our members," said Michael Barrera, the Chamber's president and CEO. "This new collaborative effort meets that objective through a focused commitment to assist our growing Hispanic business community in pursuing entrepreneurial opportunities with ExxonMobil." The Chamber will help ExxonMobil in searching out and screening qualified candidates nationwide.

Citigroup has been honored for its commitment to serving consumers in 145 languages. The award, which acknowledges distinction in the promotion of diversity, is given annually by Language Line Services to recognize companies that excel at meeting the needs of their limited English customers.

Recently resigned Hewlett-Packard chair Patricia Dunn and four other people have been named in indictments from by California’s attorney general in HP's board of directors spy case. Dunn is accused of approving questionable methods to investigate journalists and board members involved in the leaking of sensitive company information, including details about the controversial departure of former HP CEO Carla Fiorina.

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