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Black MBA NetWire
arrows February 14, 2019
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Citing mounting opposition, Amazon announced today it will not build a headquarters in New York City as previously planned. The company does not currently have polans to reopen its serach for a replacement location. (CNBC)
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Nearly a fifth of students identify a ‘return on investment’ as an important factor when choosing schools. US business schools dominate the list for highest earning MBA graduates, while Asian business schools are on the rise. (BusinessBecause)
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Americans are expected to spend $20.7 billion on Valentine’s Day this year, and around half the population plans to celebrate, according to the National Retail Federation. That's a ton of boxes of chocolate and flower bouquets! (USA TODAY)
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Career
There are times when you can't wait to get into the office because you're fired up about taking on all the things on your to-do list for that day. And then there are other times when you would rather do anything but work. Don't let that time become wasted. Use it to tackle other challenges - like cleaning your desk. (The Muse)
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Diversity in the Workplace
When companies are seeking to strive for diversity and inclusion in the workforce, they often fail to comprehend the nuances involved in those programs, failing to produce a sense of belonging once employees are hired. To succed, a company needs a sense of community. (Forbes)
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International
Since the recession of the late 2000s, the middle class has seen a reduction in over two-thirds of the European Union, similar to the decline in the United States and reversing two decades of expansion. (The New York Times)
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In an effort to gain control of the OPEC nation's oil revenue from embattled President Nicolas Maduro, Venezuela's oppositon-controlled congress name a new board of directors to the state-oil firm PDVSA. The move is expected to be temporary. (Reuters)
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Education
As we live and work longer, and employment becomes more insecure because of automation, experienced professionals are coming back to business school in their late 30s. (FIND MBA)
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NBMBAA
The National Black MBA Association will embark on a week-long journey to Liberia and Ghana on Feb. 16. NBMBAA president Jesse Tyson, and 14 other members, will make the trip. Tyson has made it known that creating business connections with Africa is a top priority. (Global Atlanta)
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Social media marketing and personal branding coach and Former National Black MBA Association board member Deborrah Ashley is calling on HBCU Alumni women over 40 who are tired of being unseen, unheard and unknown in their industry. (Digital Journal)
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Wells Fargo
Technology
Amid growing accusations that its employees rely mostly on tips to cover their fees instead of payment from DoorDash, the company gave Fast Company some insight into its payment methods. (Fast Company)
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Entrepreneurship
African-American small business owners are happier, younger, and more female-led than the average of SMB owners surveyed. They’re also showing increased confidence in the state of small business moving into 2019, according to a survey from SMB financing company Guidant Financial and leading online credit marketplace LendingClub Corporation. (PR Web)
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The founders of EyeSeeMe set out to expose African-American children to books about people like themselves. Since then, the store has become a hub for community members to read, discuss ideas, and find inspiration together.
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Women are becoming one of the fastest-growing groups in the entrepreneur sector, but equal access to funding continues to be a major problem.  Instead of loans, entrepreneurs should seek out grants. Here are five grants available for black women in 2019. (Black Enterprise)
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The Economy
Despite signs showing that the economy may be slowing down, the number of job openings grew to 7.3 million at the end of 2018, the highest level since the Labor Department began tracking the numbers in 2000.  Business owners said their biggest problem is quickly adding jobs and finding employees. (CNN)
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Government
 A new report documents how an already understaffed Internal Revenue Service was even further hampered by the longest government shutdown in American history. Because of the shutdown, the agency is now faced with a backlog of work. (USA TODAY)
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Leadership
“A leader should be an example. People should look at a leader and say, ‘It is really hard to do all the different things that they’re doing, and in a manner that they’re doing it in.’ That’s something that I aspire to do, Vikings COO Kevin Warren told Abraham Madkour in a Sports Business Journal article. (Vikings.com)
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