Top News
Britain voted 100 days ago to leave the European Union, but the U.K. economy appears to be humming along nicely despite the decision to divorce its biggest trading partner. Government borrowing declined in August, inflation held steady and consumer spending increased by 10% -- its biggest jump in more than a decade. Factory data have been positive and activity in the services sector, which accounts for nearly 80% of the economy, rose 0.4% from June to July. ( CNN Money)
Visit http://money.cnn.com/2016/09/30/news/economy/brexit-100-days/index.html to view the full article online.
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Career
You’re fully prepared for the interview, and you ace it. You know the offer is coming, and you’re pretty sure it’ll be exactly what your heart desires and then some. The offer comes and your heart sinks; it’s not even close to what you imagined. Or, maybe it is, but you want more. It’s time to negotiate. ( Black Enterprise)
Visit http://www.blackenterprise.com/career/trick-negotiating-salary/ to view the full article online.
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Diversity in the Workplace
Diversity, a recurrent theme in the discussions about workforce, is gaining prominence with the developing industry scenario. It is becoming the most discussed term these days in corporations and at the boardrooms. While addressing diversity, the understanding still remains clichéd with major focus on a diverse women workforce. However; diversity cannot be labelled into big blocks like, male or female, old or young or nationalities. It goes beyond all disciplines and brings together a combination of talent with new ideas and perspectives for organization's long-term success. ( Business World)
Visit http://www.businessworld.in/article/Diversity-Making-A-Difference-At-Workplace/27-09-2016-106175/ to view the full article online.
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International
China’s richest man is going for glamour with his latest Hollywood blockbuster. Billionaire Wang Jianlin is in discussions to acquire control of Dick Clark Productions at a valuation of about $1 billion through his Dalian Wanda Group Co., according to people with knowledge of the situation. Dick Clark Productions would be the latest trophy in an empire that includes theater chain AMC Entertainment Holdings Inc. and movie producer Legendary Entertainment. ( The Wall Street Journal)
Visit http://www.wsj.com/articles/chinas-wanda-group-in-talks-to-acquire-dick-clark-productions-1474925658 to view the full article online.
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Entrepreneurship
Expanding your office is one of the most exciting and important moves a young company can make, but that doesn’t mean it comes without anxiety.Setting goals, budgeting, hiring, holding investor meetings, and planning are huge priorities. And with that type of acceleration, other essentials can sneak up on a CEO, including the physical space we work in. ( Black Enterprise)
Visit http://www.blackenterprise.com/small-business/companies-take-advantage-co-working-spaces/ to view the full article online.
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The Economy
U.S. consumers tapped the brakes in August, signaling slower but sustained growth for a key pillar of the economy. Personal consumption, which measures how much Americans spent on everything from new cars to nursery schools, was unchanged in August from a month earlier, the Commerce Department said on Friday. That was the weakest reading since March. ( The Wall Street Journal)
Visit http://www.wsj.com/articles/u-s-consumer-spending-flat-in-august-1475238723 to view the full article online.
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Corporate America
Whether opening new accounts at black banks will ultimately turn around neighborhoods ravaged by a lack of investment and jobs, however, is being questioned by experts who have watched banking for decades. This is not the first time a movement has emphasized supporting black banks, and a previous one during the civil rights era fell flat, said William Bradford, a University of Washington finance professor. ( Chicago Tribune)
Visit http://www.chicagotribune.com/business/ct-bank-black-chicago-0925-biz-20160923-story.html to view the full article online.
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When Angelique Kerber won the U.S. Open in September to bring the women’s tennis title to Germany, she was decked out head-to-toe in gear by Adidas. NFL wide receiver DeAndre Hopkins kicked off the Houston Texans season wearing cleats designed by rapper Kanye West, part of Adidas’s strategy of mixing sports and hip-hop culture that’s resonating with kids. Even celebrities such as Katie Holmes and Kristen Stewart lately have been seen sporting Adidas’s back-to-basics Stan Smith tennis sneakers, which some fashionistas have taken to mixing with couture wear. ( Bloomberg)
Visit http://www.bloomberg.com/news/articles/2016-09-29/how-adidas-got-back-in-the-game to view the full article online.
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Dunkin’ Brands Group said its donut chain will partner with Coca-Cola to launch a line of cold coffee beverages in the United States, its first foray into the ready-to-drink coffee market.The Dunkin’ Donuts chain operator said the beverages, set to launch in early 2017, will be manufactured, distributed and sold by Coca-Cola. ( Fortune)
Visit http://fortune.com/2016/09/29/coke-dunkin-donuts-cold-coffee/ to view the full article online.
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