Top News
Schools with top MBA programs are flocking to offer more affordable, online versions -- and the University of Illinois recently launched one of the cheapest yet. It costs students less than $22,000 total. That's about one-third of the price for the university's traditional, on-campus program. ( CNN Money)
Visit http://money.cnn.com/2016/10/20/pf/college/online-mba/index.html?iid=SF_LN to view the full article online.
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The world's largest economy grew at an annual rate of 2.9% in the three months to September, the Commerce Department said. Analysts had predicted growth of just 2.5%. The stronger-than-forecast rate could increase expectations that the Federal Reserve will raise interest rates before the end of the year. ( BBC News)
Visit http://www.bbc.com/news/business-37801845 to view the full article online.
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Career
Before you jump ship, try truly taking advantage of your situation and seeing if you can improve it—and, no, I’m not talking about cutting out early on Fridays or taking two-hour lunches every day. Take your boredom and turn it into an opportunity. In fact, you could and should use your down time to make your situation better—both in the office now and when you do eventually start job searching (even if that doesn’t end up being for a long time). ( The Muse)
Visit https://www.themuse.com/advice/3-ways-you-can-fix-a-boring-job-that-youre-not-ready-to-leave to view the full article online.
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Diversity in the Workplace
David Burton has been a commercial leasing broker for 17 years, most recently at Handler Real Estate Services. Over that time, even as other industries like law, finance and medicine have become more diverse, the bulk of high-earning, senior-level executives in the city's multibillion-dollar commercial real estate business remain middle-aged, male and, above all, white. And while homogeneousness in other sectors such as advertising has recently come under scrutiny by major clients insisting on more diversity, few forces threaten to spur changes in real estate. ( Crain's New York Business)
Visit http://www.crainsnewyork.com/article/20161024/REAL_ESTATE/161029958 to view the full article online.
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International
Investors craving some Latin American exposure would do well to train their eyes on Peru. The Lima Stock Exchange’s main index is up 9 percent following the June election of Pedro Pablo Kuczynski, a Wall Street veteran and former finance minister, as president. Less than three months into his term, Mr Kuczynski has persuaded the opposition-controlled Parliament to back his economic platform, travelled to China to drum up interest in a $70 billion portfolio of infrastructure projects, and pulled off Peru’s biggest-ever sale of local currency bonds in the global market. ( Bloomberg Businessweek)
Visit http://www.bloomberg.com/news/articles/2016-10-20/a-wall-street-veteran-is-revving-up-peru-s-economy to view the full article online.
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Technology
The National Basketball Association is trying something new this season for customers of League Pass, its out-of-market live game subscription service. It will announce today that subscribers who use smartphones or tablets will have a "mobile view" option starting with Tuesday’s season opener. Mobile view will get in closer to the action than the standard TV feed can. ( Bloomberg Businessweek)
Visit http://www.bloomberg.com/news/articles/2016-10-24/the-nba-attacks-the-tiny-player-problem-for-mobile-viewers to view the full article online.
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Entrepreneurship
s Angeles’ newest food event is aimed at shining a spotlight on what founder Aisha Hollans calls this city’s black entrepreneurs and "urban chefs." The Urban Block Gastronomy Experience takes place Nov. 5 at the Millennium Sneaker Boutique in Inglewood. "Urban chefs are like underground hip-hop artists of the food scene," said Hollans. "Their food is authentic, real, respected, cultured, loved and incomparable." ( Los Angeles Times)
Visit http://www.latimes.com/food/dailydish/la-dd-block-gastronomy-20161019-snap-story.html to view the full article online.
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From the White House’s Tech Inclusion Pledge to Apple’s and Google’s annual diversity reports, players across the tech world have been expressing concern about the industry’s infamous diversity problem. According to CB Insights research in 2010, only one percent of venture capital-funded startup founders were black. Although there have been only minor pockets of progress thus far, several organizations have emerged as leaders in the effort to help minority entrepreneurs start companies, build businesses, secure funding and eventually achieve success. ( Entrepreneur)
Visit https://www.entrepreneur.com/article/282529 to view the full article online.
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Neil Grimmer's new startup, called Habit, aims to help others achieve their goals, whether it's to lose weight or sleep more soundly. The company, which is launching in January, offers a $299 blood test to screen for 60 biomarkers, including amino acids, vitamin levels, and blood sugar, as well as some genetic variants that may play a role in how an individual responds to diet. The company is also attempting to test a users' metabolic rate through a "challenge," which involves drinking a milkshake-like beverage to understand how they respond to fats, carbs and sugars. ( Fast Company)
Visit https://www.fastcompany.com/3064833/body-os/this-startup-sells-you-meal-plans-based-on-your-nutrition-type to view the full article online.
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Personal Finance
Is your financial mindset one of prosperity—or lack? This is an important question, particularly as we rapidly approach the threshold of a brand new year, because how you manage your finances is a function of how you think and feel about your relationship with money and wealth. I say it often here on my blog for Black Enterprise and I’ll keep saying it: If you can’t change your mind, you won’t change your money. ( Black Enterprise)
Visit http://www.blackenterprise.com/blogs/is-your-financial-mindset-about-prosperity%E2%80%94or-lack/ to view the full article online.
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Government
About to enter its fourth year, Obamacare is contending with skyrocketing price increases, insurer defections and anemic enrollment growth, particularly among younger, healthier Americans. This coming sign-up period will prove critical to the president's signature health reform law's future. Still, Obamacare is now firmly embedded in America's health care landscape. It's not about to collapse, and it can't be eliminated with the simple stroke of the next president's pen. ( CNN Money)
Visit http://money.cnn.com/2016/10/25/news/economy/obamacare-problems/index.html?iid=hp-stack-dom to view the full article online.
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An entrepreneurial society needs an entrepreneurial state, one that through visionary and strategic public investments, distributed across the innovation chain, can create animal spirits in private businesses. Entrepreneurs then see growth opportunities, and business investment follows. ( Harvard Business Review)
Visit https://hbr.org/2016/10/an-entrepreneurial-society-needs-an-entrepreneurial-state to view the full article online.
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Leadership
Throughout our careers, we are taught to conform — to the status quo, to the opinions and behaviors of others, and to information that supports our views. The pressure only grows as we climb the organizational ladder. By the time we reach high-level positions, conformity has been so hammered into us that we perpetuate it in our enterprises. In a recent survey I conducted of more than 2,000 employees across a wide range of industries, nearly half the respondents reported working in organizations where they regularly feel the need to conform, and more than half said that people in their organizations do not question the status quo. ( Harvard Business Review)
Visit https://hbr.org/cover-story/2016/10/let-your-workers-rebel to view the full article online.
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