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Black MBA NetWire
arrows April 6, 2018
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An Associated Press analysis of government data has found that black workers are chronically underrepresented compared with whites in high-salary jobs in technology, business, life sciences, and architecture and engineering, among other areas. (Associated Press)
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Fifty years after the assassination of civil rights leader Martin Luther King, Jr., many civil rights activists - including some who worked alongside King - believe America is regressing in race relations. (USA TODAY)
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Holt, who became the first African-American anchor of "NBC Nightly News" in 2015, called being the first black anchor of the show "another door we've passed through." (Today)
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CVS Health Corporation
Career
Finding a career that gives your life meaning is a matter of determining where you want to go and picking the best route to take you there. (Forbes)
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One key point to remember when you're on a job interview: Keep your personal life to yourself as much as possible. (Forbes)
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Diversity in the Workplace
Research shows that organizations seeking to achieve workplace diversity and inclusion face three common challenges. Here's how they can overcome them. (The Kansas City Star)
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The STEM sectors have struggled in areas of recruiting and retaining diversity in the workplace. In 2017, nearly three-quarters of employees in computing and mathematics were men, and fewer than 15 percent were black or Hispanic. A group at the University Corporation for Atmospheric Research (UCAR), a large, federally funded institute that focuses on producing research and supporting scholars in the atmospheric and earth sciences, has designed a workplace diversity program that may shed light on how to design a successful program. (Harvard Business Review)
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International
China announced this week that it will impose additional tariffs of 25 percent on 106 U.S. goods including soybeans, autos, chemicals, some types of aircraft and corn products, among other agricultural goods. (Business Insider)
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Naylor Association Solutions
Education
Business schools are increasing international offerings for students who want to better prepare themselves for the international business market with globally-focused course and work abroad programs. (U.S. News & World Report)
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Technology
Cambridge Analytica, a data firm with ties to President Donald Trump's campaign, may have had information on about 87 million Facebook users without the users' knowledge. (CNN Money)
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For better or for worse, our daily lives are dramatically impacted by technology. Find out how your smartphone many be influencing everything from your buying decisions to your attention span. (Entrepreneur)
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Entrepreneurship
The number of black-owned businesses in the U.S. continues to soar, but black-owned business owners received just 2 percent of the Small Business Administration 7(a) loans between 2011 and 2017. Lack of access to capital is forcing these businesses to start smaller — and stay smaller —compared to those owned by non-minorities. (Las Vegas Review-Journal)
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For small businesses to flourish — wherever they are — they will need access to more venture capital and working-capital loans. That is a pressing challenge for many cities. (Governing)
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Ashley Johnson and Robyn Fuller of J&F Advisors are the youngest African American 100 percent female-owned CPA firm in the city of Detroit, who are are committed to lending a helping hand to those in need and they have attributed their growth to Detroit’s small-business community. (rollingout)
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The Economy
The 25 percent tariff that would be applied to all products under the Trump Administration's proposed tariffs on $50 billion worth of Chinese products could be passed along to consumers. The items could include TV's, dishwashers and printers. (CNN Money)
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More than 70 million square feet of retail space is scheduled to become empty due to store closures in 2018, according to CoStar Group. Among them: Toys R Us, Walgreens and Claire's. (CNBC)
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Personal Finance
So you're all excited about getting that tax refund, right? Actually, if you're expecting a large sum from the federal government, it might be a sign that you're doing something wrong. Find out how you could be getting that money all year long. (USA TODAY)
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Corporate America
JPMorgan Chase has announced a $2.5 million expansion of the Ascend 2020 program supporting minority-owned small businesses over the next three years, taking it from six U.S. cities to 10. The expansion of Ascend 2020, headquartered at the University of Washington Foster School of Business, will also formalize business education, consulting services, and partnerships with anchor institutions that are committed to increasing spending with minority-owned firms over the next three years. (BusinessWire)
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