Don Buckley lost his job driving a Chicago Transit Authority bus almost two years ago and has been looking for work ever since, even as other municipal bus drivers around the country are being laid off. (New York Times)
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A common misconception says that because it’s the holidays, no one will pay attention to your résumé. In fact, even during times of high unemployment, when things slow down at the office there’s a golden opportunity for hiring to finally move to the front burner. (Bloomberg/Businessweek)
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The very look of American small- and mid-sized businesses is changing with the growth of black, Asian and Hispanic entrepreneurs in the United States – increases that are far above the level of growth for all companies. (Portfolio)
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The release of the Kindle Fire showcases how forward-thinking Bezos has been. After 15 years near the top of the tech heap, he doesn’t have the same outsize profile of other Internet innovators. (Nobody has made a TV biopic or Academy Award-winning drama about his rise to power, for instance.) But that may be changing. People are slowly beginning to realize just how much of the Web is powered by Amazon’s cloud services. (Wired)
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Workplace mentors used to be older and higher up the ranks than their mentees. Not anymore. In an effort to school senior executives in technology, social media and the latest workplace trends, many businesses are pairing upper management with younger employees in a practice known as reverse mentoring. The trend is taking off at a range of companies, from tech to advertising. (Wall Street Journal)
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Young workers are landing jobs again. Some 650,000 workers aged 16 to 24 found employment in the past three months, the biggest spike for that age group since the recession began, according to Labor Department statistics. (CNN/Money)
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How diverse are Silicon Valley's offices and executive suites? Activists have been trying for years to answer that question, but some of the industry's largest and most influential employers – including Apple, Google, Amazon and Facebook – closely guard that information. (CNN/Money)
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Your customer base is changing. You’ve been noticing for the past few years that the face of your average client isn’t what it used to be. Not surprisingly. These new customers are savvier, they’re men and women of all age groups, they’re smart about where they shop, and they look like they’re coming from around the world. (Nashville Ledger)
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Next week, leaders of the euro area countries will gather in Brussels in an effort to take a bigger step toward ending the region's sovereign debt crisis. They hope that by agreeing to tougher penalties for countries that break the euro area's budget rules, they can entice the European Central Bank to do more to stem the crisis. (NPR)
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Remember the Big Society? Free schools? Health reform? Nor does anybody else. With Britain having barely emerged from recession and the outlook darkening in Europe, all politics is now about the economy. (The Economist)
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Anxious business-school applicants have something to add to their to-do list: preparation for the new "integrated reasoning" section of the GMAT. Although the new section was initially announced a year and a half ago, the Graduate Management Admission Council has offered scant details about what questions will look like and how they will be scored. (Wall Street Journal)
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At first blush, it looks as though M.B.A.s aren't doing much "good" upon graduation. Despite the fact that students sign up en masse for social-entrepreneurship classes, intern at nonprofits and participate in charitable extracurricular activities, fewer than 5% of graduates from many top business schools take jobs in nonprofit organizations right out of school, with some institutions placing just 1% or 2% in the field. (Wall Street Journal)
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Search open positions on NBMBAA's Employment Network, your key to top level careers for diverse business professionals. Post a rèsumè and ensure that recruiters looking for talent can find you as they search our rèsumè database. Don't miss out on year-end hiring. Click the link below to start today.
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So, it seems that there is a rootkit hidden in millions of Android, Symbian, BlackBerry, webOS and even iOS handset that logs everything we do. The rootkit belongs to a company called Carrier IQ and it seems that it has low-level access to the system that allows it to spy on pretty much everything that you do with your handset. This, on the face of it, seems like an extremely serious breach of security, privacy and trust. (ZDNet)
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Research In Motion Ltd. will offer companies software to manage the iPhones and other handsets that are increasingly displacing its once-dominant BlackBerry, seeking to bolster relationships with corporate customers. (Bloomberg/Businessweek)
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Every generation rebels against their parents. When parents approve, their offspring disapproves. Parent says black, adolescent teen says white. Psychologists who are expert in these matters explain that rebellion is a factor in establishing identity. It’s part of the journey of growing up – personalities are taking shape and a sense of self is being nurtured. Even if you haven’t quite worked out what you want, it helps to know what you don’t want. (Fast Company)
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We need more companies run by women, but they’re often shut out of the investment game. Here are some ways to break through the VC glass ceiling. (Fast Company)
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America’s economy isn’t doing great, but it’s better than the rest of the world’s. That’s the conclusion to be drawn from the monthly surveys of manufacturing firms across the globe that were released on Thursday. (MarketWatch)
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Analysts have been predicting holiday sales increases of 3 percent for the 2011 holiday season – and they’re sticking to those forecasts – but there’s no denying that Black Friday started the season off with a lot of swagger. (Portfolio)
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For customers angry about rising debit card fees, banks are promoting an alternative that, they say, is just as convenient, but with lower fees and better rewards. They call it a "credit card." (SmartMoney)
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At some point, almost everyone has experienced an unexpected financial disaster. Some arise from unanticipated misfortune: Our stocks tank, we lose our jobs, a medical emergency saddles us with huge bills, or we have uninsured losses. (Bankrate/CNBC)
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When American Airlines parent AMR (AMR) filed for bankruptcy on Nov. 29, the biggest question wasn’t how could this happen, but why didn’t it happen sooner? As the last of the so-called legacy carriers to seek court protection from creditors, AMR has for years operated with higher labor costs and debt than its peers. (Bloomberg/Businessweek)
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AT&T Inc. said the Federal Communications Commission misinterprets market analysis and "cherry-picks facts" in concluding that the company’s bid for T-Mobile USA Inc. fails to serve the public interest. (Bloomberg)
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Come January, will 160 million American workers owe a) more than; b) less than; c) the same as they've been paying in payroll taxes this year? The answer will be revealed when lawmakers decide in the next few weeks if they will let a one-year payroll tax cut expire on Dec. 31. (CNN/Money)
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The Village of Hempstead, N.Y., sounds like a posh resort in the Hamptons. But if you ride the train an hour east from Penn Station, what you'll find is a working-class town of about 54,000 people, more than 80 percent of them African-American and Hispanic. (NPR)
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Start talking about younger workers, and pretty soon the word "entitled" comes up. But several companies have started programs to help the younger set learn the corporate ropes. (Fortune)
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Facebook is inching closer to a public offering that could raise a purported $10 billion, making it the largest IPO ever and pegging the company’s valuation at $100 billion. Unlike many founders, Zuckerberg has managed to retain a significant stake in his company, and his 24 percent of Facebook will make him an uber-billionaire when the company goes public. Here's what Zuckerberg did right to get to this point. (Inc.)
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Like many U.S. grocery chains, Safeway (SWY) wanted to improve its private-label offerings during the economic slump, when consumers were eager for brands that offered better value. So three years ago it poached veteran marketer Diane Dietz from Procter & Gamble (PG) and named her chief marketing officer. (Bloomberg/Businessweek)
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