Top News
Nobody likes having to actually ask for a promotion . Advocating for yourself is a lot harder than speaking up for others. The good news is, if your boss is paying attention and your actions are speaking for themselves, you may not have to ask. You probably already know that doing good work is the single most effective way to show your boss you’re ready for more. (But it’s worth reiterating, because if you skip this step, you’re going to have a hard time getting promoted.) Ideally, you should be consistently exceeding expectations in your current job. This means you do just about every task as well and as efficiently as it can be done, and you usually finish tasks ahead of schedule. Once you’ve got that down, here are five more ways to prove you’re ready. ( The Muse)
Visit https://www.themuse.com/advice/your-5step-plan-to-getting-a-promotion-without-having-to-ask-for-it to view the full article online.
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Career
Have you ever wondered how to quit your job, start a location-independent business, and travel the world? In today's highly digital world, it's easier than you think to start a location-independent business. That's why thousands of people do so every year. They take the leap from their jobs and decide to take full control over their lives. In doing so, they seize control of their schedules, work on things they care about and enjoy life a lot more. But how do you get started with this process? We'll lay out some steps for you to follow. ( Business.com)
Visit https://www.business.com/articles/starting-location-independent-business/ to view the full article online.
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Diversity in the Workplace
Intel's CEO Brian Krzanich has had a busy 48 hours. He has condemned white supremacists, was among four CEOs to leave President Donald Trump's manufacturing council and today publishes a mid-year diversity report saying the company will reach its workforce representation goals in 2018 — two years earlier than previously expected. In his comments on the mid-year diversity report Intel released Tuesday, he called on corporate leaders to turn "this tragedy into action." ( Fortune)
Visit http://fortune.com/2017/08/15/intel-ceo-in-new-diversity-report-lets-turn-this-tragedy-into-action/ to view the full article online.
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Three figures pretty much sum up Silicon Valley’s workplace diversity problem: 2% of the overall tech workforce is African American, 3% is Latino, and only 24% overall are women, according to a recent survey from Atlassian, an industry software firm. But SVAcademy, a new kind of accelerated job training and apprenticeship program for tech sales and business development positions, which publicly launched this week, is trying to change that, and their early results look pretty promising. ( Fast Company)
Visit https://www.fastcompany.com/40452523/this-job-training-program-wants-to-add-diversity-to-silicon-valley-on-the-business-side to view the full article online.
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International
Over the past three years, the influx of nearly 2 million migrants and refugees—many from Syria, Afghanistan and Iraq—sparked a furious backlash across Europe. And last year, the number of people coming from Africa to Italy rose sharply. Many came from Nigeria, where plummeting oil prices have left people desperate to find work abroad. In response, the EU is spending billions of euros to try to reduce the number of people who decide to make the journey across land and sea. ( CNBC)
Visit https://www.cnbc.com/2017/08/17/europe-spending-billions-to-convince-african-refugees-to-stay-home.html to view the full article online.
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Many expected the economic story of 2017 to be a boom in American growth, ignited by Donald Trump’s agenda of tax cuts, deregulation and infrastructure spending. Yet Europe is the region that has outperformed. The International Monetary Fund recently raised its growth forecasts for the euro zone for 2017 and 2018, while cutting its estimates for America. Business confidence in Europe, as measured by Eurostat’s economic-sentiment index, is at its highest point in over a decade. Unemployment stands at 7.7%, its lowest level since 2008. Since mid-2015, output in the continent has expanded by 2% per year—faster than America’s 1.7% yearly growth rate over the same period. ( The Economist )
Visit https://www.economist.com/blogs/graphicdetail/2017/08/daily-chart-11 to view the full article online.
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While the world has focused on North Korea, the globe's two biggest emerging economies are squaring off over their shared border. China and India's borderlands, though geographically desolate and inhospitable, have been a hot spot for increasing military tension in recent months. The two giants are wrestling more broadly for hegemony in Asia, and given that both are equipped with nuclear weapons, the situation could escalate. ( CNBC)
Visit https://www.cnbc.com/2017/08/16/china-vs-india-border-confrontation-in-the-himalayas-gets-serious.html to view the full article online.
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NBMBAA
The National Black MBA Association® (NBMBAA®) and Prospanica® are pleased to announce Arne M. Sorenson, President and Chief Executive Officer of Marriott International, Inc., as a featured panelist at "The CEO’s" Luncheon presented by Nationwide at the 2017 Annual Conference & Exposition in Philadelphia on Thursday, September 28, 2017 at the Pennsylvania Convention Center.
Visit https://nbmbaa.org/arne-sorenson-featured-panelist-ceos-luncheon/ to view the full article online.
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The National Black MBA Association® (NBMBAA®) and Prospanica® welcomes Dan Pallotta, Founder & President, Charity Defense Council and author of "Uncharitable: How Restraints on Nonprofits Undermine Their Potential," as Thursday’s Opening Keynote Speaker at the 2017 Annual Conference & Exposition in Philadelphia on Thursday, September 28, 2017 at the Pennsylvania Convention Center.
Visit https://nbmbaa.org/dan-pallotta-thursday-open-keynote-speaker/ to view the full article online.
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Technology
Technology is constantly evolving (just ask the first generation Kindle!). Yes, these sorts of advancements and innovations make our everyday lives more convenient, but they also make tech one of the fastest growing career fields. Interested in a tech role? As these 19 awesome companies prove, there are plenty of opportunities out there. ( The Muse)
Visit https://www.themuse.com/advice/19-companies-looking-for-tech-talent?ref=recently-published-1 to view the full article online.
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Entrepreneurship
There are millions of successful woman-owned businesses all around the world, which has sparked the launch of BusinessWomen.org – a blog that profiles "Amazing Business Women". . . . Recently, BusinessWomen.org announced that women of all ages and nationalities are invited to submit their stories for a chance to be published on the web site. ( BlackNews.com)
Visit http://www.blacknews.com/news/business-women-entrepreneurs-invited-to-submit-stories/#.WZWQRFGGNhE to view the full article online.
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The Economy
Global and domestic unrest put downward pressure on mortgage rates this week. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average slipped to 3.89 percent with an average 0.4 point. (Points are fees paid to a lender equal to 1 percent of the loan amount.) It was 3.90 percent a week ago and 3.43 percent a year ago. The 30-year fixed rate is at its lowest level since late June. The 15-year fixed-rate average slid to 3.16 percent with an average 0.5 point. It was 3.18 percent a week ago and 2.74 percent a year ago. ( The Washington Post)
Visit https://www.washingtonpost.com/news/where-we-live/wp/2017/08/17/fixed-mortgage-rates-continue-their-slide-falling-to-two-month-lows/?utm_term=.2e2346115841 to view the full article online.
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Corporate America
Wal-Mart's second-quarter results make it crystal clear the retailer is committed to growing its e-commerce business, with Jet.com founder Marc Lore at the helm of it all. Faced with the threat of Amazon encroaching on its turf, Wal-Mart has been rolling out initiatives like "easy reorder," free two-day shipping with no membership required, and an online grocery service, which is slated to hit 1,100 Wal-Mart stores this year. ( CNBC)
Visit https://www.cnbc.com/2017/08/17/amazon-be-warned-the-online-war-is-on-with-wal-mart-analyst-says.html to view the full article online.
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Government
No president in modern history has sought to slash regulations on businesses quite like Donald Trump. And as a result, Internet service providers can sell and track your data without your permission. Coal mining companies won't be obligated to protect the nation's streams from debris when extracting coal from mountain tops. Firms that operate in hazardous industries, like electrical contractors and freight truck operators, face looser reporting requirements when their employees get hurt or sick on the job. Electronic cigarette makers won't have to meet the same labeling and approval processes as other tobacco providers anytime soon due to a delay by the Trump administration. ( CNN)
Visit http://money.cnn.com/2017/08/17/news/economy/trump-deregulatory-war-agenda/index.html?iid=hp-stack-dom to view the full article online.
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Blackstone co-founder Steve Schwarzman and other CEOs on the now-defunct White House policy forum were perplexed by President Donald Trump's efforts to take responsibility for disbanding the group, sources told The New York Times. Schwarzman, who chaired the group, thought he had an agreement with the White House to announce that the idea of ending the Strategic and Policy Forum was a joint decision, the Times reported. ( CNBC)
Visit https://www.cnbc.com/2017/08/17/schwarzman-and-ceos-dispute-trump-account-of-who-disbanded-policy-forum.html to view the full article online.
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