Top News
Owning about 1.9M businesses in the U.S. today, Black companies have increased by over 60% since 2002. According to the personal finance website, NerdWallet, there are certain cities that definitely stand out above the rest. Using the county’s most populated cities, the website ranked the best places for Black entrepreneurs to consider. It is no surprise that cities like Atlanta, Miami and Washington, D.C. are at top of the list. ( Rollingout)
Visit http://rollingout.com/2017/05/05/the-top-cities-for-black-entrepreneurs/ to view the full article online.
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Ready to approach your employer about a pay raise? "Keep in mind that it’s not just about what you think you’re worth, but also about what your employer thinks your contributions are worth paying for, says Rachel Kim, SoFi career strategist and coach. So if you’re ready to take a seat at the negotiating table, come prepared and negotiate with confidence. Kim provided Black Enterprise with a few do’s and don’ts on how to pitch your boss on a pay increase. ( Black Enterprise)
Visit http://www.blackenterprise.com/career/negotiate-with-confidence/ to view the full article online.
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Career
While feedback is intended to improve your performance, that doesn’t mean you’ll always agree with or even understand it. The greatest of managers are still occasionally going to tear apart a project you were proud of, make you change something you thought was perfect as is, or issue instructions you think are a fundamentally bad idea. ( Fast Company)
Visit https://www.fastcompany.com/40419124/how-to-take-feedback-from-a-manager-you-cant-stand to view the full article online.
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Supportive leadership, a cool culture, and awesome perks. Ideally, they’re all things you’d like to find in your next employer. But, what’s another thing you’d love to have? Meaning. You don’t want to just roll into the office every day, check off your to-do list, and then head home. You’re looking for work that fulfills you, and you want to know that you’re not only making a difference at your company—but in the world. ( The Muse)
Visit https://www.themuse.com/advice/20-companies-to-work-for-if-you-want-your-job-to-have-meaning?ref=whos-hiring-2 to view the full article online.
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Education
When President Trump signed a $1.1 trillion spending bill on Friday, he zeroed in on a tiny sliver of it, suggesting that he might disregard $20 million in funding for loan subsidies and other aid to historically black universities. Two nights later, after a storm of criticism, the White House walked back the threat in a statement that declared the president’s "unwavering support" for such schools.( The New York Times)
Visit https://www.nytimes.com/2017/05/08/us/politics/historically-black-colleges-omarosa-trump.html?_r=0 to view the full article online.
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NBMBAA
Join us in Philadelphia this September for the nation's premier diversity career, education and networking event. Register now for the 2017 Annual Conference and Expo, presented by NBMBAA and Prospanica, and take advantage of early pricing discounts and best hotel locations.
Visit https://nbmbaa.org/conference/ to view the full article online.
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Technology
A couple of months ago, Nucleus cofounder Morley Ivers believed his smart intercom startup was enjoying a "real partnership" with Amazon. . . . . Everything changed for Nucleus on Tuesday, when Amazon announced the Echo Show, a $230 smart-home device with a touchscreen, premium speakers, and a front-facing camera. Its headline feature is the ability to make video calls to other Echo Show users, just like Nucleus does with its own intercom. Now, Ivers is wondering how his startup and its 29 employees will survive. ( Fast Company)
Visit https://www.fastcompany.com/40420096/echo-show-nucleus to view the full article online.
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Entrepreneurship
Ten years ago, when Dr. Anastasia Gentles worked at Texas Children’s Hospital's emergency room, she spent many hours seeing children with fevers and ear infections who wound up in the ER for lack of other options. The pediatrician, now 49, came up with the idea of an urgent-care center just for kids, and asked a friend from church, Zawadi Bryant, 43, who had business experience, what she thought. The women – along with a third partner, Connie Cazares, 41 – founded NightLight Pediatric Urgent Care with a single location in Sugarland, Tex. Today, the chainlet of pediatric urgent-care centers spans five Texas locations (with two more in the works) and expects to produce $8.5 million in revenue this year. ( Forbes)
Visit https://www.forbes.com/sites/forbestreptalks/2017/05/09/started-by-three-women-nightlight-pediatric-wants-to-be-the-mcdonalds-of-urgent-care/#6e99f34d15c8 to view the full article online.
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The Economy
Trade protectionism is a "dead end" used for political capital but ultimately dangerous for the U.S. economy, New York Federal Reserve President William Dudley said Thursday in India, according to a report on Reuters. Dudley did not mention President Donald Trump by name in a speech at the Bombay Stock Exchange, but used the address to approach territory sometimes avoided by Fed members: fiscal policy. ( MarketWatch)
Visit http://www.marketwatch.com/story/feds-dudley-says-trade-barriers-are-a-dead-end-for-economy-2017-05-11 to view the full article online.
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