Top News
Most of us are able to have "off days," but for athletes competing at the Olympic level, it would seem those words aren't even part of their vocabulary. It takes a unique amount of skill, determination and hard work to make it at that level. Whether logging hours at the gym or in international competition, it's an athlete's sheer drive and endurance that determine whether or not they'll prevail when the global spotlight is on them.So how do these attributes translate to careers outside of the games? ( Inc.com)
Visit http://www.inc.com/russ-fujioka/business-lessons-learned-from-competing-in-the-olympics.html to view the full article online.
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Stocks were rising Thursday morning, and consumer companies were up the most after strong earnings from Macy’s and Kohl’s. The Labor Department said applications for new unemployment benefits fell slightly last week, a sign that layoffs were low and employers could be adding jobs. Global stocks were mixed and the price of oil was volatile after a report forecast slower global demand growth for crude. ( Associated Press)
Visit http://www.nytimes.com/2016/08/12/business/daily-stock-market-activity.html?ref=business to view the full article online.
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Diversity in the Workplace
International
The world’s production of crude oil is falling behind demand, the International Energy Agency said Thursday. From July through September, global production of crude oil will lag behind demand by almost 1 million barrels a day, said the IEA, a Paris-based agency that monitors energy trends for oil-consuming nations. And the oversupply of crude is clearing out even as OPEC producers pump at record or near record levels. ( The Wall Street Journal)
Visit http://www.wsj.com/articles/iea-sees-oil-demand-easing-as-economic-outlook-dims-1470902402 to view the full article online.
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South Africa has regained the title of Africa's largest economy, two years after Nigeria rebased its economy to claim the spot, according to IMF data. A recalculation using current exchange rates put South Africa on top because the rand has strengthened against the dollar. ( BBC)
Visit http://www.bbc.com/news/world-africa-37045276 to view the full article online.
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NBMBAA
Many young urban professionals find it difficult to climb the corporate ladder while staying true to themselves. They may feel they have to wear a set of masks in order to navigate through their personal and professional lives. "The Power of Self-Awareness, Authenticity and Resilience in Career and Life" workshop hosted by the Boston Chapter of the National Black MBA Association (NBMBAA) addressed the challenge of how to manage work identities without sacrificing your authentic self. ( Bay State Banner)
Visit http://baystatebanner.com/news/2016/aug/10/boston-black-mba-associations-power-self-workshop/ to view the full article online.
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Technology
Google is exploring ways to prevent players harassing each other in virtual reality. The company's Daydream Labs has been experimenting with ways to deter people from making others feel unsafe or uncomfortable. ( BBC)
Visit http://www.bbc.com/news/technology-37035400 to view the full article online.
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Personal Finance
"Brexit," in which U.K. voters defied the prognosticators and chose to leave the European Union, set off shock waves that could very well have a global economic impact. But the reaction among stock investors, in the words of a slogan coined by the British government during World War II, has been "Keep calm and carry on." ( Fortune)
Visit http://fortune.com/2016/07/20/brexit-global-stocks-mutual-funds/ to view the full article online.
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Government
The Department of Education is denying a request from the Center for Excellence in Higher Education, a Utah-based chain of career colleges, to switch its status to nonprofit, leaving the chain unable to shake loose regulations aimed at for-profit schools. ( The Washington Post)
Visit https://www.washingtonpost.com/national/?nid=menu_nav_national to view the full article online.
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Lifestyle
The Executive Leadership Council (ELC), the pre-eminent organization of current and former black CEOs, senior executives, top-tier entrepreneurs, global thought leaders and board members of Fortune 1000 and equivalent companies, has given a donation of $1 million to the Smithsonian’s National Museum of African American History and Culture (NMAAHC). The donation was made in commemoration of The ELC’s 30th Anniversary this year. ( Radio Facts)
Visit http://www.radiofacts.com/elc-donates-1-million-smithsonians-national-museum-african-american-history-culture/ to view the full article online.
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