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arrows February 21, 2019
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Top News
As part of its honoring Black History Month, the Denver Channel asked a group of personal finance experts to reflect on 2019 – including concerns, advice and important financial moves. (The Denver Channel)
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For Tracy Brower, a sociologist who focuses on work, employees and the workplace, the term work-life balance is all wrong. And it's not something employees should strive for. You can have work, and you can have balance, but here are threee reasons that trying to achieve work-life balance sets our sights too low. (Fast Company)
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Amazon announced last week it's pulling its plan to open a second headquarters in NYC. The reaction among businesses has been swift and blistering. (Inc.)
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Career
It's not always easy to create a work environment that is both diverse and inclusive, but if it's something that's important to you, you have to be willing to do what it takes to effect change. Here are some roles that you can take on as an ally to help support colleagues who are in the minority in the office. (The Muse)
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Diversity in the Workplace
The New York City Commission on Human Rights has released guidelines against targeting people on the basis of their hairstyle, classifying this as racist discrimination. (The New York Times)
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African American women comprise only one-half of one percent of all professional pilots, but Alaska Airlines is hoping to help change those odds. With a signed pledge with the nonprofit organization Sisters of the Skies, Alaska Airlies have promised to increase the number of female black pilots employed by the company over the next six years. (Travel Pulse)
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After receiving major backlash for promoting a clothing item that resembled blackface caricatures, Gucci has announced plans to boost cultural diversity and awareness within the company. (Huffpost)
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International
Honda will close its only British car plant in 2021, causing the loss of up to 3,500 jobs. The decision is a major departure of Japanese investment and was announced just more than a month before the United Kingdom is due to leave the European Union. (Reuters)
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Education
During Black History Month, when when we take a collective look at the African-American experieonce and remember and learn about all kinds of stories about our heritage, it's a good time to reflect through books. Black Enterprise has compiled a list of 18 that offer a glimpse of black life from slavery to the present. (Black Enterprise)
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Technology
According to the latest diversity reports from Twitter, Facebook and Google, fewer than five persent of the companies' tech workers are black in Silicon Valley. But new research indicates that 84 perfenct of blacks employed in STEM – Science technology, Engineering and Math –place a high level of important on workplace diversity. (USA TODAY)
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Entrepreneurship
The Business Leadership Council's 127-member roster reads like a who's who of Chicago business. Its mission is to create wealth and economic opportunities for the city's African-American community, yet it may be the city's best-kept networking secret. (Crain's Chicago Business)
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The Economy
Unemployment in the U.S. has reached a record low, but wage growth is slow. Low productivity growth is the primary factor, but economists are puzzled as to how exactly the two are connected. (Business Insider)
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With unemployment being at a record-low, some small business owners struggle to attract and keep good employees. That doesn't have to be the case. (Inc.)
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According to a report published by the Institute on Taxation and Economic (ITEP) policy last week, the e-tail/retail/tech/entertainment/ giant Amazon won’t have to pay a cent in federal taxes for the second year in a row. (Fortune)
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Personal Finance
In an era when a large number of Americans don't have emergency saivings, are behind in retirement planning an fear the sotck market, here are some tips for saving, investing, and retiring with planning. (USA TODAY)
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Corporate America
Last week, Amazon announced it was backing out of its decision to build a corporate headquarters in Long Island after it received heavy opposition from some lawmakers and residents. If you look closely, the deal ultimately failed for many reasons – some of which other companies can learn from. (Forbes)
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Payless, the retail chain that was founded in 1956 in Topeka, Kansas and has more than 3,600 locations in 40 countries, is the latest retail chain to fold in the United States. The discount shoe store will close all 2,100 of its locations in the United States and Puerto Rico in the coming months. Liquidation sales began on Sunday and stores will begin closing in March, though most will say open until May. (CNN)
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Government
U.S. sanctions on Venezuela's national oil company, which began on Jan. 28, have sent U.S. refineries on the Gulf Coast scrambling to find alternative sources for oil they once got from Venezuela. Meanwhile, Venezuela is being forced to find new customers. (CNN)
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Lifestyle
The documentary "The Green Book: Guide to Freedom" is a compelling look at the challenges and dangers African Americans faced during segregation and how the book was created to highlight safe pathways and places for black people while traveling. (Detroit Free Press)
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