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NetWire arrowsMay 13, 2010
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This week's NetWire launches our new look, which is being incorporated across Black MBA media. We hope you enjoy and look for additional changes to other products rolling out over the next few weeks.
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Horror has given way to acceptance; it can be seen on people's faces. But desperation surfaces everywhere: In the rubble still strewn about the streets, in the steadily rising piles of garbage, in the 1,300 makeshift camps that still house so many people.
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In the first days after the BP blowout in the Gulf of Mexico, the fallout seemed minimal. BP stood to suffer, but the spill, even leaking 1,000 barrels a day, seemed like it could be contained. Three weeks later, the picture has shifted dramatically.
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The euphoria over the massive plan to stabilize the European monetary system dissipated almost as quickly as it developed. Investors and European governments are now focusing on the economic and political challenges that still lie ahead if the region's debt and deficit issues are to be resolved.
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Walmart Stores, Inc.
Career
In late April, Anthony Laurino graduated from Pepperdine University's Graziadio School of Business and Management with an M.B.A., five years' experience in risk analysis, a semester in Brazil and an internship at Coca-Cola under his belt. But graduation came and went, and like many graduating M.B.A.s this year, he still didn't have a job.
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Do you know how to "read" an interview? Bob Dylan told us that it doesn't take a weatherman to know which way the wind blows. Likewise, it doesn't take a career planning expert to tell you when your job interview is on life support.
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CIA : Central Intelligence Agency
Diversity in the Workplace
Today, diversity means much more than hiring people from various demographic groups; it also means fully understanding them, responding to their various needs, and also marketing and selling to them.
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International
For weeks there have been calls for the euro zone's policymakers to get ahead of the sovereign-debt crisis, which started in Greece and was in danger of engulfing other countries with big budget deficits and poor growth prospects.
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With one month to go to Africa's first World Cup, it is evident that ambitions for a South African tunaround were never likely to be fulfilled by a sports event, no matter how big and how lucrative.
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U.S. Department Of State
Education
The elite research university launches a new Global MBA program in August. On the to-do list: AACSB accreditation, faculty and money.
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Debra Gelinas's students want college credit for their internships. Actually, they need it. Companies often insist on credit so that interns might legally qualify as unpaid trainees. So eager students turn to Ms. Gelinas, director of experiential learning at Berklee College of Music, in Boston.
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Naylor, LLC
Naylor, LLC
NBMBAA
Just five minutes and a genius business idea can win you big. Gone are the days of conventional business plan competitions. For this activity, up to six people will have five minutes each to sell their business idea to a mixed panel of venture capitalists, academic instructors and successful entrepreneurs – using only a whiteboard and marker. Sign up today!
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U.S. Securities And Exchange Commission
Naylor, LLC
Technology
Paul English, the cofounder of travel search engine Kayak.com, wants to blanket all of Africa with free and low-cost Wi-Fi. It's a "big, big project," one that will consume the next decade of his life, English tells FastCompany.com.
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The current backlash against Facebook for having turned its privacy promises inside out is likely being driven by adults over the age of 35, according to survey data from YouGov's Brandindex.
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Naylor, LLC
Entrepreneurship
When you work for someone else, you earn a salary for the work you provide. Pretty simple. Being your own boss is another matter entirely. You need to bring in money to run your personal affairs, but the business needs cash, too. Deciding how much income to take compared to what you should leave for the business is a quandary.
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Static capital spending and low job growth have small business owners wary of development. This isn't all bad; a cautious entrepreneur is likely to be a successful one.
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The Economy
The U.S. trade deficit rose to a 15-month high in March as rising imports underlined the economy's recovery. Figures from the Commerce Department showed the gap between imports and exports rose 2.5% to $40.4bn.
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It is not the kind of view you expect these days in downtrodden Michigan. From this rooftop plaza on the 17th floor of Bridgewater Place, evidence of urban renewal spreads in every direction. Directly to the south is the modern campus of Grand Valley State University, home to 11,000 students.
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Personal Finance
Having a baby? You're not just starting a family, you're also creating a citizen, a tax deduction, a future college student, an heir and, of course, the repository for all your hopes and dreams. To give that little bundle of potential the best shot at a secure life, start with these six steps.
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David Cameron takes over as British prime minister, after days of extraordinary political turmoil in London. The eurozone countries put together a near-$1 trillion bailout fund after tumbling close to the financial abyss. It's been a turbulent few days across the pond. What does this mean for you and your money?
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Corporate America
First it was Goldman Sachs, and now Morgan Stanley is facing scrutiny over its derivatives deals related to mortgage-backed securities.
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International Business Machines Corp. Chief Executive Officer Sam Palmisano, seeking to boost earnings by focusing on software and services, said he plans to spend $20 billion on acquisitions in the next five years.
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Government
California Governor Arnold Schwarzenegger will seek "terrible cuts" to eliminate an $18.6 billion budget deficit facing the most-populous U.S. state through June 2011, his spokesman said.
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David Cameron today hailed the creation of the first peacetime coalition since the 1930s to govern Britain as a "historic and seismic shift" as he stood alongside Nick Clegg in the Downing Street garden to launch an agreed programme.
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Leadership
Want to reward – or bribe – your workers for healthy lifestyle choices? Provisions in the new reform law offer aid, and even some cash, to small businesses that run wellness and prevention programs for their employees.
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What's bad, boring, and barely read all over? Business writing. If you could taste words, most corporate websites, brochures, and sales materials would remind you of stale, soggy rice cakes: nearly calorie free, devoid of nutrition, and completely unsatisfying.
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Lifestyle
Have plans to vacation in Europe this summer? Between airline strikes and a persistent volcano, this might be the year to travel elsewhere.
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Despite the social media revolution, the wealthiest, most influential people read books. My advice: Do what they do.
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