Black women are the fastest growing group of entrepreneurs in America, and many are succeding like never before. Several women of color were recently named on America’s Richest Self-Made Women list, published by Forbes. Here’s a look at the black women who made the list. (Black Enterprise)
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This year, global research and advisory firm Universum surveyed 53,237 students across 151 different fields, including 17,429 business majors, in order to determine which employers students find the most attractive. (CNBC)
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Organizational psychologist Raffi Islikaplan has studied and come up with three reasons cultural training should be provided to all managers within the U.S., and why its focus is integral to the success of any organization. (Fast Company)
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Sitting down with someone who has been turning in low quality work and talking with them about it isn’t how most people like to spend their days. But it’s important to do it respectfully and in a timely manner, if you care about your and your team’s success. (The Muse)
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From the outside looking in, everything may look great. You've been in the same job for 10 years, you've moved up the ranks in your field of expertise, and you're making pretty good money. There's only one problem: You hate the job. If you're thinking about a mid-career change, make sure you do it right. Here are seven things to consider when making a career change. (Monster)
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A recent report by Willis Towers Watson indicates that 55% of employers have taken steps to communicate their inclusion and diversity initiatives as they pertain to workplace culture and policies, while nearly three-quarters indicate they intend to do so over the next three years. (Forbes)
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According to Fitch Ratings, one in five Mexican exporters would be in trouble if President Trump goes forward with his plan to impose 5% tariffs on everything Mexico sells to the U.S., particularly if they reached the 25% threshold in October. That's the timeline set by Trump for Mexico to get more aggressive with migrant caravans heading to the U.S. border. (Forbes)
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According to a report in The Chicago Tribune, the University of Illinois at Chicago will invest about $1 million in an initiative to recruit and train male elementary education majors of color, similar to how universities recruit and train star athletes. Why is that so important? Because one black teacher in third through fifth grades reduces a black student's probability of dopping out of high school by 30%. (Black Enterprise)
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The 41st Annual NBMBAA® Conference & Exposition will convene our members, corporate and university partners, and some of the world’s most sought after thought leaders at the George R. Brown Convention Center for a week of exploration in the areas of education, leadership, career opportunities, and networking connections that enable professional development. More than 10,000 professionals will travel to Houston this September to gain access to opportunities that only our national conference can offer. Will you be one of them?
Click here to register.
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National Black MBA Association® launched the Scale-Up Pitch Challenge in 2017 which works to satisfy the mission of the Association to help create and support wealth building opportunities for its members, with previous winners experiencing great success with investors due to exposure and funding provided through this challenge. This challenge is a pitch competition designed to “Make Big Ideas Bigger” by encouraging our members to create startups that are scalable. We provide startups the unique opportunity to connect with early stage investors and venture capitalists who are ready to invest. Culminating at the 41st Annual Conference & Exposition in September, the winning team will be awarded a $50,000 Grand Prize, with additional to prizes for 2nd place and 3rd place as well as a People’s Choice Award.
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If you think your startup embodies a “Big Idea” that can be even bigger, this challenge is for you!
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Apple announced earlier this week that it would phase out iTunes on its upcoming operating system in favor of three new apps: Music, TV and Podcasts. Though iTunes as we know it will be no more, you don't have to worry about losing those iTunes playlists you made back in the summer of 2006. The platform's features will still exist on macOS Catalina – they'll just be spread out across the different apps, similar to how they are on iOS. (CNBC)
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Economists polled by Refinitiv anticipate that the Labor Department's jobs report out today will show 185,000 jobs were added in May, with the unemployment rate holding at a very low 3.6% — still a healthy pace, even if slightly below the 218,000 over the past year. Average hourly earnings growth is expected to come in at 3.2%, which would be the eighth month above the 3% mark. (CNN)
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You might assume things have drastically changed for black people seeking home ownership since the Fair Housing Act was passed in 1968, but you would be wrong. According to the U.S. Census Bureau, the homeownership rate among white Americans is 73.2%, while the black homeownership rate stands at 41.1%. In comparison, 42% of black households owned their homes back in 1970, two years after housing discrimination based on race, color, religion, and national origin was outlawed. (Black Enterprise)
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June 7, 2019
Top News
