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Black MBA NetWire
arrows October 18, 2019
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Rep. Elijah Cummings, a longtime Maryland Democrat and key figure leading investigations into President Donald Trump, died Thursday morning at age 68. He oversaw a range of investigations into the Trump administration, from issues relating to the impeachment inquiry to the treatment of migrants at the southern border, to the use of personal email for official use by White House officials, to how a citizenship question was considered for the US census. (The Washington Post)
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At a recent executive symposium, Robert F. Smith, ELC board member and SVP, Strategy and External Engagement, at for-profit education company K12 Inc.,shared his journey from his middle-class beginnings in Denver to becoming the nation’s wealthiest African American. Smith has an estimated net worth of $5 billion. Here are his five business lessons for young professionals. (Black Enterprise)
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October is National Women's Small Business Month, a celebration of the more than 11 million woman-owned businesses in the United States. As more women pursue entrepreneurship, it's important that they understand which legal steps to take so they can protect their small businesses and intellectual property.  (Business.com)
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Career
Generally speaking, the idea of getting a new job brings a ton of excitement because of the multitude of new possibilities that come with a new position. But it can also be intimidating. If the thought of getting a new job makes you uneasy, you're not alone. Here are some tips for overcoming the fear of change. (Monster)
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Lockheed Martin
Diversity in the Workplace
Businesses where women occupy more than 30% senior leadership roles are more likely to nurture ambition, with a quarter (27%) of senior leaders actively mentoring others and 17% looking to “sponsor” more junior employees, according to research. (Personnel Today)
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While there may be more women in top executive positions than ever before, true gender parity hasn't reached the corporate world yet. That's the assessment from a high-profile annual report on women in the workplace, which was released this week. (CNET)
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International
European and British negotiators struck a deal Thursday to split Britain from the European Union, raising the prospect that the country could be out of the bloc by the end of October. (BBC)
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Education
The University of Georgia’s College of Education will be named after the first black graduate from the university, Mary Frances Early. As part of the university’s Black History Month celebration, the naming ceremony will take place in February 2020. Early attended the university as a graduate student and earned a Master of Music Education in 1962, and a Specialist in Education in 1971. She played a crucial role in breaking barriers to racial equality at UGA. (GRADY NEWSOURCE)
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The M.B.A., previously the ne plus ultra of executive education, has fallen into some disfavor, with a number of respected universities (e.g., the University of Illinois, University of Iowa) essentially abandoning their full-time programs. (Forbes)
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NBMBAA
The National Black MBA Association® is excited to announce Washington, D.C. as the home for their 42nd Annual Conference and Exposition, taking place September 22-26, 2020. The organization will also celebrate a major milestone as it commemorates its 50th anniversary year. (Business Wire)
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Technology
On Wednesday, the Federal Communications Commission formally approved the merger between T-Mobile and Sprint. The approval comes months after the Justice Department greenlit the deal. (The Verge)
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From time-saving shortcuts to interface-enhancing adjustments, YouTube’s got plenty of handy tricks hidden up its video-watching sleeve. YouTube is overflowing, in fact, with time-saving possibilities and other advanced options—out-of-the-way features that have the potential to make the site both easier and more pleasant to use. (Fast Company)
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The Economy
U.S. retail sales fell for the first time in seven months last month, raising fears that manufacturing-led weakness could be spreading to the broader economy. (CNBC)
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Personal Finance
Retirement savings can become all-consuming sometimes. Aside from an emergency fund, you may be stashing every dollar you get into a workplace retirement account. But many people do not like tying up all their extra funds in an account they cannot touch withouta lot of red tape, including the possibility of a 10 percent penalty for early withdrawals. Here's some advice from Michelle Singletary. (The Washington Post)
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