Black MBA NetWire

Recruitment consultants Aaron Wallis conducted a study taking an in-depth look at some of the most high-profile CEO's in the world. Here are four tips from those executives on what it takes to make it to the top. (Europe Business Chief)

Visit https://europe.businesschief.com/leadership/1863/What-makes-a-leading-CEO-Four-tips-to-get-to-the-top to view the full article online.

Lawyers representing North Dakota have asked the U.S. Supreme Court to overturn a decades-old law that says states can’t require a merchant to collect a sales tax if that merchant has no physical presence within the state’s boundaries. (The New York Times)

Visit https://www.nytimes.com/2018/04/17/business/justices-divided-on-sales-taxes-for-online-purchases.html?rref=collection%2Fsectioncollection%2Ftechnology&action=click&contentCollection=technology&region=stream&module=stream_unit&version=latest&contentPlaceme to view the full article online.

The company's decision to close all 8,000 of its stores for an intensive one-day employee diversity training emphasizes how vitally important the company believes the "unconscious bias "training - which has grown in popularity in after racial unrest in recent years - is to helping prove its serious about the issue. (The Washington Post)

Visit https://www.washingtonpost.com/news/on-leadership/wp/2018/04/17/starbucks-is-turning-to-a-type-of-workplace-training-that-really-took-off-after-ferguson/?utm_term=.a11dd10f686b to view the full article online.

Research from the Center for WorkLife Law at the University of California, Hastings College of Law shows that women and people of color often wind up with worse assignments than their white male counterparts, hindering their ability to be promoted. And based on the anecdotes of women of color to author and professor Ruchika Tulshyan, there is often a perceived imaged that women of color will do certain things in the office no one else would be asked to do. (Harvard Business Review)

Visit https://hbr.org/2018/04/women-of-color-get-asked-to-do-more-office-housework-heres-how-they-can-say-no?utm_medium=email&utm_source=newsletter_daily&utm_campaign=dailyalert&referral=00563&deliveryName=DM3885 to view the full article online.

It's normal to what to make a great impression on your first day at a new job. Afterall, you want to instantly prove to your new employers they made the correct decision. But experts said the best way to make a great first impression is to relax. (Fast Company)

Visit https://www.fastcompany.com/40556937/how-to-stand-out-on-your-first-day-of-a-new-job to view the full article online.

Cloud software giant Salesforce spent $2.7 million to adjust the salaries of six percent of its workforce - money which included addressing the gaps in gender (globally) and pay by race and ethnicity in the U.S. (San Francisco Business Journal)

Visit https://www.bizjournals.com/sanfrancisco/news/2018/04/17/salesforce-spending-close-pay-gap.html to view the full article online.

Occupational segregation, a term that is used to refer to the jobs historically considered "female-only" is partly responsible for the gender gap pay. Women historically have been relegated to lower-paying, "support" jobs (think secretary or office manager) while men take the higher-paying, "glamour" jobs (think boss, manager, etc.). (CNN Money)

Visit http://money.cnn.com/2018/04/10/pf/gender-pay-gap-occupational-segregation/index.html to view the full article online.

The Copenhagen Business School MBA's focus on sustainable and responsible management is one of the reasons there's been an increase in the number of students going to the school. (Business Because)

Visit https://www.businessbecause.com/news/mba-europe/5215/mba-copenhagen-business-school-sustainability to view the full article online.

The global economy is still on an upswing, but the good times may not last beyond the next year or two.
The International Monetary Fund said on Tuesday it expects global growth will inch up from 3.8% in 2017 -- its fastest pace in six years -- to 3.9% in 2018 and 2019. That's in line with its most recent estimate in January. (CNN Money)

Visit http://money.cnn.com/2018/04/17/news/economy/imf-global-economy-outlook-slowdown/index.html to view the full article online.

Currently, only 15 percent of graduate students' costs are covered by grants, fellowships, scholarships or tuition waivers, according to Sallie Mae's report "How America Pays for Graduate School". That's much lower compared with college students, who cover 35 percent of education costs with scholarships and grants. (U.S. News & World Report)

Visit https://www.usnews.com/education/best-graduate-schools/paying/articles/2018-04-16/how-to-find-free-money-for-grad-school to view the full article online.

International pop superstar Beyoncé has donated $100,000 to the Homecoming Scholars Award Program at Tuskegee University in Alabama, Bethune-Cookman University in Florida, Xavier University of Louisiana and Wilberforce University in Ohio. Eligible students with a 3.5 GPA or above could receive a $25,000 scholarship. (Reuters)

Visit https://www.reuters.com/article/us-people-beyonce-scholarships/beyonce-to-donate-100000-for-scholarships-at-black-colleges-idUSKBN1HN2N1 to view the full article online.

The National Black MBA Association, Inc. – St. Louis Chapter, will host its Entrepreneur Think Tank on Saturday, April 28, from 9 a.m.-2 p.m.at The T-Rex building, 911 Washington Ave. in downtown St. Louis. Check in will begin at 8:30 a.m., with a continental breakfast until 9 a.m. The event encourages business development for entrepreneurs who want to start, grow or explore new business opportunities and gives participants the opportunity to pitch their business ideas to industry experts with the chance to win technical business assistance, mentoring from keynote speaker O.D Harris, owner of Wize Tax and Accounting, and a cash prize to further their business. (St. Louis American)

Visit http://www.stlamerican.com/business/business_news/black-mba-association-to-host-entrepreneur-think-tank/article_33d4aa32-428f-11e8-909c-1b57a3ef6c0d.html to view the full article online.

A day after the Chinese government barred ZTE from using components made in the U.S. for its products, the Federal Communications Commission voted unanimously to continue with a plan that would bar federally subsidized telecommunications carriers from using suppliers deemed to pose a risk to American national security. The decision directly affects Huawei, which makes telecommunications network equipment and smartphones, and its main Chinese rival, ZTE. (The New York Times)

Visit https://www.nytimes.com/2018/04/17/technology/huawei-trade-war.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentCollection=business&region=rank&module=package&version=highlights&contentPlacement=1&pgtype=sectionfront to view the full article online.

Eight simple keys will help you build a reputation as an expert in whatever you sell, so you can earn prospects’ trust and start to crush your sales goals. (Entrepreneur)

Visit https://www.entrepreneur.com/article/295703 to view the full article online.

A study commissioned by the Associated Black Charities of Maryland, released this week, has found that Baltimore-area black workers are more likely to be in low-wage industries, earning less and facing higher turnover rates than whites. (Baltimore Sun)

Visit http://www.baltimoresun.com/business/bs-bz-racial-disparities-employment-20180416-story.html to view the full article online.

Oil prices rose to their highest level since late 2014 after government data showed U.S. crude stockpiles fell last week and as the market continued to worry about supply disruptions in key fossil fuel-producing nations. (CNBC)

Visit https://www.cnbc.com/2018/04/18/us-crude-tops-68-for-the-first-time-in-more-than-three-years.html to view the full article online.

More than one million Americans - many of them who once belonged to a union and paid into pension funds designed to cover workers from multiple plans - are in jeopardy of losing their pension benefits in the next 20 years, according to new research. (CNN Money)

Visit http://money.cnn.com/2018/04/17/retirement/multiemployer-pension-committee/index.html to view the full article online.

Wages for low- and middle-income Americans are on the rise, but not in a way that is keeping up with higher costs - particularly for necessities such as rent and utilities. Because of it, many are plagued with high debt and little or no savings. (USA TODAY)

Visit https://www.usatoday.com/story/money/2018/04/18/financial-stress-higher-low-middle-income-americans/391061002/ to view the full article online.

Starbucks has been a part of a longstanding effort to be seen as a progressive and inclusive corporation. But the recent arrest for trespassing of two black men in a Philadelphia Starbucks has the company under fire for its treatment of black people - and frantically searching for ways to continue the message the company is about more than making money. (ABC News)

Visit http://abcnews.go.com/Business/wireStory/starbucks-faces-image-crisis-arrest-black-men-54520950 to view the full article online.

With the closures of so many large retail stores including Sam's Club, Sears, Toys R Us and Bon-Ton, experts estimate that the U.S. is on track to surpass the record 105 million square feet of space that was left vacant due to closures last year. So far, more than 90 million square feet of space is expected to be vacated in 2018 - and it's only April. (CNBC)

Visit https://www.cnbc.com/2018/04/18/the-amount-of-retail-space-closing-in-2018-is-on-pace-to-break-record.html to view the full article online.