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There are 13 black people among the 2,153 who made it onto the 2019 FORBES list of the World’s Billionaires. That number is an increase of two from last year when 11 were on the list. Cement tycoon Aliko Dangote is still the richest black person in the world with a fortune estimated at $10.9 billion. (Forbes)
Visit https://www.forbes.com/sites/mfonobongnsehe/2019/03/05/the-black-billionaires-2019/#3bd268d76795 to view the full article online. |
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A recent State of the American Family Study by Massachusetts Mutual Life Insurance Co. (MassMutual) revealed that the heart of the American Dream for black families is financial freedom. Nearly 84 percent of those surveyed believe financial security is the American Dream, and 77 percent believe it's owning a home. (Black Enterprise)
Visit https://www.blackenterprise.com/african-american-economics/ to view the full article online. |
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As employees demand more freedom and autonomy from their employers, a new sector of the workforce is being created: the Intrapreneur - individuals who are creative, proactive and flexbile. In other words, an in-house entrepreneur. (The Muse)
Visit https://www.themuse.com/advice/what-is-an-intrapreneur-how-to-be-one to view the full article online. |
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Researchers at Russell Reynolds Associates who conducted a survey of S&P companies about employee diversity concluded that just appointing someone to the position of Chief Diversity Officer without the proper resources and alignment with company priorities isn't enough to produce lasting changes. (HR DIVE)
Visit https://www.hrdive.com/news/appointing-a-chief-diversity-officer-isnt-enough-to-make-a-workplace-diver/549724/ to view the full article online. |
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For 14 years, Etsy has prided itself with focusing on workplace diversity and creating a strong, safe working environment for women. (Business Times)
Visit http://en.businesstimes.cn/articles/108696/20190305/how-this-company-is-promoting-workplace-diversity.htm to view the full article online. |
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According to an article recently published by an assistant professor at Rutgers University- Camden, women executives are more effective than male colleagues at increasing organizational diversity partly because they have been leaders of communities and families for centuries. (Rutgers-Camden News Now)
Visit https://news.camden.rutgers.edu/2019/03/women-leaders-better-than-men-at-cultivating-diversity/ to view the full article online. |
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In an unexpected move today, the European Central Bank revived a stimulus in the hope of encouraging lending. Many financial experts believe this may signal the bank is concerned about growth in the region. (The New York Times)
Visit https://www.nytimes.com/2019/03/07/business/ecb-european-economy-stimulus.html?action=click&module=Top%20Stories&pgtype=Homepage to view the full article online. |
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Spain is about to attempt a major economic experiment by approving a 22 percent increase in minimum wage. The decision has fueled a debate over whether or not it will have a positive impact on the economy. (Bloomberg)
Visit https://www.bloomberg.com/news/articles/2019-02-10/spain-takes-an-economic-gamble-on-an-unprecedented-wage-hike to view the full article online. |
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NYU is joining a growing list of schools worldwide that are radically changing an element of their postgraduate programs: offering masters degrees in business and management totally online. (Financial Times)
Visit https://www.ft.com/content/83eeb7f6-1822-11e9-b191-175523b59d1d to view the full article online. |
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Samaritan wants to connect the homeless with the people who usually walk by them without stopping, offering a chance to learn more and give a helping hand. (Fast Company)
Visit https://www.fastcompany.com/90313822/this-app-tells-you-the-stories-of-your-homeless-neighbors to view the full article online. |
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Applying for a bank loan can be stressful and confusing, but these tips will increase your chances of securing the financing you need to grow your company. (Business.com)
Visit https://www.business.com/articles/is-your-company-bankable/ to view the full article online. |
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Earlier this week, the GM plant in Lordstown, Ohio produced its last Chevy Cruze, then closed its doors forever. For GM, this is a business strategy to shift away from one sector of cars and toward another. For the 1,400 people who will no longer work there, it is a devastating blow that could forever alter their lives. (CNN Business)
Visit https://www.cnn.com/2019/03/06/economy/gm-lordstown-workers/index.html to view the full article online. |
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Record oil production has been a boon for the U.S. economy. Oil exports have also increased, as have the number of countries now importing U.S. oil and oil products. However, as U.S. production is forecast to grow to 13.2 million barrels per day in 2020, global demand for oil is expected to grow at a slower rate. (Forbes)
Visit https://www.forbes.com/sites/ellenrwald/2019/03/05/u-s-oil-majors-to-push-production-higher-despite-indications-of-faltering-demand/#34b76aa47bac to view the full article online. |
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To help you sucessfully reach your financial goals, it may be a good idea to form a team comprised of a financial advisor, CPA or other tax professional, and an attorney to help you with many types of financial/tax/legal connections. (Black Press USA)
Visit https://www.blackpressusa.com/put-together-a-professional-team-to-help-you-reach-your-goals/ to view the full article online. |
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Over the past four years, Anthony Dukes and Yi Zhu analyzed the incentive structures in customer service departments at more than a dozen companies in finance, technology and travel services. One thing that was evident is that forcing customers who have problems or complaints to go through many layers of customer service ultimately helps save the company money. (HBR)
Visit http://tinyurl.com/y5fey7dq to view the full article online. |
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More than a year after the last comments from the U.S. Treasury Secretary about the Harriet Tubman $20 bill, it's still unclear whether the proposed plan will ever come to fruition. Tubman's bill was previously scheduled to replace President Andrew Jackson in 2020. (CNN)
Visit https://www.cnn.com/2019/03/06/politics/harriet-tubman-20-dollar-bill-trump/index.html to view the full article online. |
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During a recent speaking appearance at his alma mater, Stanford, Nike cofounder Phil Knight said a conversation with basketball star Lebron James weighed heavily in his decision to approve the controversial ad campaign featuring former NFL quarterback Colin Kaepernick. (Fast Company)
Visit https://www.fastcompany.com/90314699/nike-cofounder-why-i-approved-the-controversial-colin-kaepernick-ad to view the full article online. |
