Black MBA NetWire

U.S. stocks fell, with the Standard & Poor’s 500 Index remaining near a 22-month low, as investors shunned risk worldwide amid concern that central-bank efforts to support growth are losing their potency. (Bloomberg)

Visit http://www.bloomberg.com/news/articles/2016-02-11/no-respite-for-s-p-500-as-u-s-stock-futures-join-global-selloff to view the full article online.

Goldman Sachs Group Inc (GS.N) and other U.S. banks are looking at ways to slash expenses further this year as market turmoil, declining oil prices and concerns about Germany's Deutsche Bank AG have sent the sector's shares down sharply. (Reuters)

Visit http://www.reuters.com/article/us-usa-banks-outlook-idUSKCN0VI1DM to view the full article online.

The number of Americans who voluntarily quit their jobs climbed to a postrecession high in December, suggesting workers are confident about their employment prospects despite financial-market turmoil and a slowdown overseas. (The Wall Street Journal)

Visit http://blogs.wsj.com/economics/2016/02/09/voluntary-job-quitting-hits-highest-level-in-nine-years/ to view the full article online.

While many people say change is good, there are a few common mistakes that people make when taking a leap into uncharted waters. (Black Enterprise)

Visit http://www.blackenterprise.com/career/4-common-mistakes-career-switchers-make-and-how-to-avoid-them/ to view the full article online.

The most intelligent and successful people ask a lot of questions. Here's how to use what you don't know to your advantage. (Fast Company)

Visit http://www.fastcompany.com/3056318/hit-the-ground-running/how-the-most-successful-people-ask-questions to view the full article online.

Every year we survey the recruiters hunting for top MBA talent to figure out what attributes are most valued in managers and how the latest crop of business school graduates stacks up. As part of our latest ranking of business programs, Bloomberg asked 1,251 job recruiters at 547 companies about the skills they want but can’t find – and which B-schools are doing the best job of turning out job-ready graduates. (Bloomberg)

Visit http://www.bloomberg.com/graphics/2016-job-skills-report/ to view the full article online.

How will all these aging boomers thrive in the 21st century? According to many experts on aging, it's increasingly by staying in the workforce, at the very least on a part-time basis. (Fast Company)

Visit http://www.fastcompany.com/3056475/the-future-of-work/why-baby-boomers-refuse-to-retire to view the full article online.

Central banks are expected to stock up on gold to add to their reserves in 2016, after increasing their holdings in the second half of last year as prices took a dive to their lowest levels since 2009. (Marketwatch)

Visit http://www.marketwatch.com/story/chinas-central-bank-others-poised-to-beef-up-gold-holdings-2016-02-11 to view the full article online.

Facebook suffers a blow from regulators in India, proving that the fight for an open web is more than an abstraction. (The Atlantic)

Visit http://www.theatlantic.com/technology/archive/2016/02/net-neutrality-is-interesting-no-really/461943/ to view the full article online.

If the start of the year has been desperate for the world’s stockmarkets, it has been downright disastrous for shares in banks. Financial stocks are down by 19% in America. The declines have been even steeper elsewhere. (The Economist)

Visit http://www.economist.com/news/business-and-finance/21692863-european-banks-are-eye-new-financial-storm-tempest-fear to view the full article online.

More African-Americans are going to college than ever before. But according to new research from the Center on Education and the Workforce at Georgetown University, African-American college students are more likely to pursue majors that lead to low-paying jobs, setting up many for future debt and underemployment. (PBS.org)

Visit http://www.pbs.org/newshour/rundown/african-americans-over-represented-among-low-paying-college-majors/ to view the full article online.

How do you define success? For most, you look at the numbers. By that measure, few schools can match the University of Chicago’s Booth School of Business. Some 13 years ago, the incoming class averaged a 687 GMAT. This fall, the 2017 Class entered with a 726 score – behind only Stanford and Wharton and a point above Harvard Business School. (Poets & Quants)

Visit http://poetsandquants.com/2016/02/04/why-chicago-booth-is-the-leader-in-employment/ to view the full article online.

A combined $50 million commitment from Robert F. Smith (Class of 1985), founder, chairman and CEO of Vista Equity Partners, and the foundation of which he is a founding director will support chemical and biomolecular engineering and African-American and female students at Cornell University’s College of Engineering. (Cornell)

Visit http://news.cornell.edu/stories/2016/01/robert-f-smith-gives-50m-engineering-cornell-tech to view the full article online.

The National Black MBA Association held a stellar meeting at the Georgia-Pacific Auditorium on Jan 25. Four of Atlanta’s most important leaders in transportation, county government, education and city government addressed the crowd about the city’s biggest issues. (Rolling Out)

Visit http://rollingout.com/2016/02/08/national-black-mba-association-addresses-atlantas-biggest-issues/ to view the full article online.

The Legends Lecture Series is a yearly event sponsored by the Fisher Black MBA Association to spotlight successful black leaders in business throughout the month of February. The series brings to campus four influential black business leaders and culminates with a panel discussion hosted by Target Corporation showcasing top management across different functions, their background, struggles and successes. Speakers included Jesse Tyson (MBA ’76), CEO and President, the National Black MBA Association. (The Ohio State University, Fisher College of Business)

Visit http://fisher.osu.edu/newsroom/?folder=65&news=4154 to view the full article online.

Silicon Valley is taking steps to offer more opportunities to underrepresented minorities in the nation's fastest-growing, highest-paying industry. But no one is working harder to tear down barriers for African Americans than a growing cadre of entrepreneurs, investors, engineers and advocates pioneering a range of innovative efforts, from teaching kids of color how to code to preparing African American and Latino engineers for jobs in Silicon Valley. (USA Today)

Visit http://www.usatoday.com/story/tech/nation-now/2016/02/08/african-american-diversity-tech-leaders-silicon-valley/76616284/ to view the full article online.

Anie Akpe, an African American female tech entrepreneur from New York City, has created an amazing social discovery app called NetWorq App, and it was developed with one thing in mind, ‘one-click connectivity’. (Community Journal)

Visit http://communityjournal.net/black-female-tech-entrepreneur-launches-new-digital-business-card-app-that-helps-with-professional-networking/ to view the full article online.

Black upStart provides the resources necessary to ensure that African-Americans start and succeed in a profitable business venture. Founder Kezia M. Williams shares how the Black upStart is changing the game of entrepreneurship. (Essence.com)

Visit http://www.essence.com/2016/02/03/3-things-black-upstart-wants-you-know-about-entrepreneurship to view the full article online.

The tech industry should seek to add more minorities to their ranks for many reasons, not the least of which is that it’s good for business, according to a new study. (geekwire.com)

Visit http://www.geekwire.com/2016/researchers-say-investors-fund-untapped-entrepreneurial-talent-black-women/ to view the full article online.

Customer feedback is useful, but you can't satisfy everyone – & at some point, you have to choose your values over your customers' requests. (Fast Company)

Visit http://www.fastcompany.com/3056317/mark-bittman/you-cant-be-all-things-to-all-people to view the full article online.

The U.S. economy is improving, and African-Americans have made inroads since the Great Recession, but there is more work to be done in pursuing racial equality. (thegrio.com)

Visit http://thegrio.com/2016/02/10/white-house-economy-african-americans-jobs/ to view the full article online.

There were 5.6 million job openings in December, just shy of the all-time record of about 5.7 million set in July, according to Labor Department data published Tuesday. (CNN)

Visit http://money.cnn.com/2016/02/09/news/economy/america-5-6-million-record-job-openings/index.html?iid=SF_LN to view the full article online.

David Greene talks with David Wessel of the Wall Street Journal and the Brookings Institution about the causes and effects of the ongoing slide in global markets. (Audio) (NPR)

Visit http://www.npr.org/2016/02/11/466397641/global-markets-are-tanking-why-and-whats-to-come to view the full article online.

Wesley Learns to Invest by Prince Dykes is the world’s first investment book that targets children readers. The fictional book is about an 11-year old boy (Wesley, named after his 4-year son) who wants a gaming system, but instead learns about the importance of hard work, investing, and choosing stocks wisely. (blacknews.com)

Visit http://www.blacknews.com/news/prince-dykes-black-financial-expert-wesley-learns-to-invest-worlds-first-investment-book-for-children/#.VryhsdsrLGg to view the full article online.

The average U.S. household is expected to pocket $320 in savings this year thanks to plunging gas prices. The average price of gas for the full year is forecast to be $1.98 a gallon, according to the Energy Information Administration. That's the lowest full-year average since 2009, and down nearly 50 cents a gallon from last year's average price. (CNN)

Visit http://money.cnn.com/2016/02/10/news/economy/gas-savings/index.html to view the full article online.

Imagine getting a daily paycheck or cashing out whatever money you've already earned from your job. It would mean no more strain waiting for payday. (CNN/Money)

Visit http://money.cnn.com/2016/02/10/technology/daily-paychecks/index.html?iid=Lead to view the full article online.

When Monsanto agreed to pay regulators $80 million Tuesday for accounting missteps, the giant agribusiness’s chief executive also chipped in: He voluntarily agreed to return his bonus for the years the problems allegedly occurred. (The Washington Post)

Visit https://www.washingtonpost.com/news/business/wp/2016/02/10/an-sec-settlement-with-a-twist-this-time-monsantos-executives-pony-up-too/ to view the full article online.

A 2015 Gallup Poll found that Millennials are the least engaged cohort in the workplace, with only 28.9% saying that they are engaged at work. This, combined with high turnover rates and greater freelance and entrepreneurial opportunities, means that if companies want to retain these valued workers, they will have to double their efforts to meet Millennials where they are. (Harvard Business Review)

Visit https://hbr.org/2016/02/motivating-millennials-takes-more-than-flexible-work-policies to view the full article online.

U.S. President Barack Obama proposed a $4.1 trillion spending plan for fiscal year 2017 on Tuesday in a final White House budget that met immediate Republican resistance for its cost and reliance on tax hikes to fund domestic priorities. (Reuters)

Visit http://news.yahoo.com/obama-lays-2017-spending-priorities-final-white-house-062258521--sector.html to view the full article online.

We’ve rarely needed leaders more – but wanted the leaders we have less. It’s as if we’ve forgotten what leadership really is, and confused it with what it isn’t. What’s not leadership? For one thing, performing. (Harvard Business Review)

Visit https://hbr.org/2016/02/are-you-a-leader-or-just-pretending-to-be-one to view the full article online.

Being the boss is never easy, but some employees make it particularly difficult. How do you cope with those who do their jobs well but are equally skilled at annoying both you and their colleagues? (Inc.)

Visit http://www.inc.com/minda-zetlin/how-to-manage-the-6-toughest-employees-youll-ever-face.html to view the full article online.

Two blocks away from the famous King Center in downtown Atlanta is a small brick building that tourists typically overlook. But in the 1950s, that little brick building reverberated with the messages of the Rev. Martin Luther King Jr. and other civil rights leaders. (CNN.com)

Visit http://www.cnn.com/2016/02/10/living/werd-first-black-radio-station-feat/index.html to view the full article online.

Wells Fargo & Company (NYSE: WFC) recently commissioned Atlanta-based artist Keith Rosemond II to create six original illustrations depicting the African American experience. The personal stories were selected from #MyUntold℠, the company’s online-storytelling collection which provides the African American community an opportunity to share stories reflecting their cultural identity. (Businesswire)

Visit http://www.businesswire.com/news/home/20160209006561/en/Wells-Fargo-Commissions-Original-Art-Depicting-African to view the full article online.