Top News
The clocks turn back this weekend, giving most Americans an extra hour to cash in on sleep. But new research finds they tend to spend less money with fewer hours of daily sunlight. A study by JPMorgan Chase Institute compared purchases by credit and debit card users with its parent bank in two southwest U.S. cities: Los Angeles, which adjusts in and out of daylight saving time, and Phoneix, which follows mountain time year round. ( Bloomberg)
Visit http://www.bloomberg.com/news/articles/2016-11-03/clocks-fall-back-this-weekend-u-s-consumer-spending-may-too to view the full article online.
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Career
According to jobvite.com, 45% of all Fortune 500 companies include links to their social media profiles on their career home pages; and 92% of all companies are currently using social media for recruiting. With numbers like these, job seekers can’t afford to opt out of social media in their search. Consider these tips before you embark on your social job search. ( Black Enterprise)
Visit http://www.blackenterprise.com/career/social-media-changing-job-search-game/ to view the full article online.
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Not sure that there is any job that is completely stress-free but I’m pretty certain that there are more jobs that are far more stressful than others—even when they don’t necessarily have to be.The writing off of work stress can silently kill you if you let it. It is in your best interest to get a handle on your stress before it gets a handle on you. ( Black Enterprise)
Visit http://www.blackenterprise.com/besavvy/5-signs-job-completely-stressing/ to view the full article online.
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Diversity in the Workplace
Technology
ProPublica revealed that Facebook allows advertisers a tool that enables them to exclude "ethnic affinities" like African-Americans or Hispanics from viewing their ads. (Facebook does not ask users about their race, but it does collect data based on posts they like or comment on.) This goes well beyond targeting different styles of advertising to certain groups, which is common. Instead, it specifically prevents a black or Hispanic Facebook user from seeing a particular ad. ( Business Insider)
Visit http://www.businessinsider.com/facebook-scandal-we-ignore-2016-11 to view the full article online.
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Alphabet Inc.'s Google is redoubling efforts to help developers of Android mobile apps build their businesses as concerns mount that the app economy has reached saturation. ( Entrepreneur)
Visit https://www.entrepreneur.com/article/284668 to view the full article online.
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Entrepreneurship
After establishing OWN as a cable behemoth, Oprah Winfrey wants to expand its digital presence and put the brand right in viewers' hands.Today OWN, the media mogul's cable network, launches Bold Moves, its first mobile game. The game is a feel-good cross between Candy Crush and Wheel of Fortune: Players must solve match-three puzzles with tiles in order to fill in the missing letters from quotes and mantras that the former talk-show doyenne has curated over the years. Of course, they can also purchase power-ups along the way, which range from $.99 to $19.99, to get help or new lives. ( Fast Company)
Visit https://www.fastcompany.com/3065226/most-creative-people/oprah-launches-bold-moves-a-candy-crush-inspired-mobile-game to view the full article online.
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The Economy
On November 8, voters in four states -- Arizona, Colorado, Maine and Washington -- will vote on ballot initiatives calling for a higher minimum wage. None are calling for $15 an hour, the Holy Grail of many minimum wage campaigns these days. ( CNN Money)
Visit http://money.cnn.com/2016/11/01/pf/minimum-wage/index.html?iid=SF_LN to view the full article online.
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The recent US jobs data underscore a striking faultline running through the economic expansion in America. The jobs recovery for white workers appears to be substantially complete; among African-Americans it has only recently gained real momentum. ( Financial Times)
Visit https://www.ft.com/content/d6f46870-9b8c-11e6-8f9b-70e3cabccfae to view the full article online.
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Personal Finance
Millions of Americans are finding out this month that the price of their health insurance is going up next year — as it did this year, last year, and most of the years before that. And it's not just that the price is going up, it's that it goes up faster than wages and inflation, eating away at our ability to pay for other things we want (beer, televisions, vacations) or need (rent, heat, food). Does it have to be this way? Why does health care grow so much faster than almost any other spending category so consistently? And will it ever stop? ( Associated Press)
Visit http://bigstory.ap.org/article/a0eaa80e820645bda86400e990952c1f/why-health-care-eats-more-your-paycheck-every-year to view the full article online.
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Corporate America
The simmering public outrage over drug prices finally seems to be catching up to the pharmaceutical industry. Earnings reports in recent days have laid out a grim picture of slumping sales and anemic growth projections at several large drug makers and wholesalers. Executives blame many factors — including heavy competition and hardball tactics from insurers — but analysts say the bottom line is crystal clear: Pharma can no longer count on steadily hiking drug prices. ( The Boston Globe)
Visit https://www.statnews.com/2016/11/03/drug-prices-backlash-pharma/ to view the full article online.
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Leadership
How can managers — from the front lines to the C-suite — thrive in the age of AI? To find out, we surveyed 1,770 managers from 14 countries and interviewed 37 executives in charge of digital transformation at their organizations. Using this data, we identified five practices that successful managers will need to master. ( Harvard Business Review)
Visit https://hbr.org/2016/11/how-artificial-intelligence-will-redefine-management to view the full article online.
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