Corporate America was blindsided last week when President Trump threatened to impose crippling taxes on Mexican imports in an effort to stop the flow of Central American migrants into the United States. Although the two sides eventually reached a tentative agreement, American businesses remain concerned as the try to navigate doing business in a quickly-shifting political climate. (Fortune)
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A new report conducted by executive search company Heidrick & Struggles projects that Fortune 500 boards will have an equal number of men and women by the year 2023. Currently, women fill 183 of 462 open board positions at these companies, but African-Americans held just 11% of new board seats.(Business Insider)
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Over a 30-year career as a leader, author Scott Mautz says leadership comes down to this: The worst leaders are remembered for what they did to their people, the best for what they did for their people. (Inc.)
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When you're interviewing a job candidate, one of the most important things is finding a genuine fit. So why in the world would you avoid telling candidates the complete truth about a job? To hire effectively, you have to be honest about what working at your firm is like and what it takes to be successful. (Harvard Business Review)
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As more and more companies transition toward remote workers, some workplace experts believe working remotely is "the new normal." But it's important to make sure your workspace is comfortable and inspiring. Here are four tips to help. (Fast Company)
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While most of the attention during the past decade has been focused on how to hire – and keep – Millennials, the tenured workforce (age 55 and older) has become the fastest growing demographic in the U.S. workforce. As Americans continue to age and have fewer children, this trend grow. (Forbes)
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A coalition of chief executives – including 650 CEOs in more than 85 industries – is trying to get more corporate boards to create diversity plans at U.S. companies. The group is asking CEOs and their boards to commit to an annual diversity inclusion strategic plan. (CNBC)
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China is creating a system to protect its technology, as the U.S. restricts the access of Chinese companies to American technology in a spiraling trade dispute, according to state media. China is reportedly planning to create a firewall to strengthen its ability to develop technology. (Associated Press)
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Once considered one of the safest major cities in the world, in recent years growing tensions over the city's political future have created an underlying sense of unease which led to the violence that erupted in the city this week. (CNN)
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Two oil tankers in the Gulf of Oman came under suspected attack early Thursday amid soaring tensions between the United States and Iran. The attack appears to be an effort to undermine the results of talks after Japan’s prime minister, Shinzo Abe, completed a high-stakes visit to Tehran to help cool hostilities in the region and potentially mediate U.S.-Iran talks. (The Washington Post)
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CEOWorld Magazine has compiled a list of some of the best historic business schools in the United States to pursue graduate business degrees in 2019. (CEOWorld)
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The Wine Business Institute (WBI) in the School of Business and Economics (SBE) at Sonoma State University this week announced that its popular Certificate in Wine Industry Finance and Accounting will be offered online starting Fall 201. Classes will begin August 8. Completion of the finance and accounting certification program will now require two 8-week online courses, including Foundation & Best Practices of Wine Industry Accounting and Advanced Financial Management and Strategy for Wine Businesses. Additional wine business programs launching this fall include the online Certificate in Wine Business Management on September 12 and the Global Executive MBA in Wine Business in October 2019. (Wine Industry Advisor)
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According to the U.S. Census Bureau, students who do not attend top business schools will most likely earn significantly less money. Salaries from business graduates at four flagship universities also show vastly different earnings potential. Of the 62% of MBA students who received a full-time offer after graduation and a base salary of more than $125,000, 522 attended the Top 25 business schools, according to Training The Street's annual MBA Student Survey. (Bloomberg)
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The 41st Annual NBMBAA® Conference & Exposition will convene our members, corporate and university partners, and some of the world’s most sought after thought leaders at the George R. Brown Convention Center for a week of exploration in the areas of education, leadership, career opportunities, and networking connections that enable professional development. More than 10,000 professionals will travel to Houston this September to gain access to opportunities that only our national conference can offer. Will you be one of them?
Click here to register.
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National Black MBA Association® launched the Scale-Up Pitch Challenge in 2017 which works to satisfy the mission of the Association to help create and support wealth building opportunities for its members, with previous winners experiencing great success with investors due to exposure and funding provided through this challenge. This challenge is a pitch competition designed to “Make Big Ideas Bigger” by encouraging our members to create startups that are scalable. We provide startups the unique opportunity to connect with early stage investors and venture capitalists who are ready to invest. Culminating at the 41st Annual Conference & Exposition in September, the winning team will be awarded a $50,000 Grand Prize, with additional to prizes for 2nd place and 3rd place as well as a People’s Choice Award.
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If you think your startup embodies a “Big Idea” that can be even bigger, this challenge is for you!
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The Supreme Court has agreed to consider whether a black television programmer can use civil rights laws to sue Comcast, the nation’s largest cable TV provider, for refusing to do business with him. The entertainment company is owned by black entrepreneur and Hollywood mogul Byron Allen. (The New York Times)
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Airbnb is introducing Adventures, a collection of three- to seven-day trips that allow travelers to explore off-the-beaten-path destinations around the world. The all-inclusive trips include guides, meals, on-the-ground transport, and accommodations, along with any necessary gear. The company announced this new venture today. (Fast Company)
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To become a successful entrepreneur, it is imperative that you continue to improve yourself personally and professionally. If this is the year you plan to make a strong attempt at entrepreneurial growth, here are five lessons you would be best suited to learn ahead of time. (Black Enterprise)
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Mortgage rates dropped to their lowest level in nearly two years last week, causing mortgage applications to rise 26.8 percent in one week, according to the Mortgage Bankers Association. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($484,350 or less) decreased to 4.12% from 4.23%. (CNBC)
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As an aerodynamics engineer at The Ohio State University, Charles Muse always assumed he would eventually be working with aircrafts. But a chance encounter at a job fair led him to General Motors, where he became a part of the team that helped reboot the Chevy Blazer. (Black Enterprise)
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June 14, 2019
Top News
