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Black MBA NetWire
arrows January 23, 2020
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Top News
There’s no better time than now to think of ways to keep you and your team supercharged throughout the year. Entrepreneur John Rampton says taking some time out to do this will boost efficiency, productivity and morale. And, along the way, it will help you and your team to continue to grow and become more well-rounded individuals. He offers twelve ways to keep everyone within your organization energized this year. (Entrepreneur)
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The demand for this year's Super Bowl is at an all-time high with it trending to be the most expensive Super Bowl ever. The cheapest ticket currently listed on SeatGeek is $5,727, while the most expensive is a jaw-dropping $70,153. And if you're looking to go with a big group, an 18-person suite will set you back about $439,000, according to TicketIQ. (CNN)
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The IRS will begin accepting tax return forms on Jan. 27. But financial expert Michelle Singletary says too many people get excited about getting a tax refund when they actually shouldn't. Here are three reasons you should not rejoice in getting a refund. (The Washington Post)
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Career
Going to an office at the same time everyday and sitting there for eight hours is more and more become a thing of the past. These days, more employees are seeking jobs that allow them flexible work schedules, including varying arrival and departure times and working from home. But landing a position with these perks isn't easy. Here are some ways to convince a hiring manager you deserve this perk. (Monster)
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Lockheed Martin
Diversity in the Workplace
Diversity initiatives are policies and practices designed to improve the workplace experiences and outcomes of target group members, but research suggests that these initiatives often don’t work like they’re supposed to. Here are some reasons why those initiatives fail, and what can be done to make them more effective. (Greater Good/Berkeley)
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Many companies tout the virtues of respect and diversity and then in reality promote and endure an exact opposite culture. Here are the five factors to consider when determining if an organization is merely talking the talk or backs up what they claim are its policies. (Richmond Times-Dispatch)
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International
France’s finance minister said Wednesday that his country will delay its tax on the digital business of big tech firms like Google and Faceook in exchange for the United States’s promise to hold off retaliatory sanctions. The deal reached between Bruno Le Maire and U.S. Treasury chief Steven Mnuchin could avert a new trade battle between the United States and the European Union over the lucrative high-tech market. (Business Journal Daily)
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At least 17 people are dead in China and more than 500 infected as the Wuhan coronavirus continues to spread throughout Asia and across the world.  The US announced its first case of the new coronavirus Tuesday, and is planning to begin health screenings at airports. (CNN)
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The government's Brexit bill has completed its passage through the House of Commons and is now in the House of Lords, clearing its final hurdles in Parliament. This brings to a close the crisis that has paralyzed British politics since the country voted to leave the European Union almost four years ago. (Bloomberg)
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Education
Jonathan Holloway, a 52-year-old Northwestern University Provost and former Stanford football player, on Tuesday was named president of Rutgers University – becoming the first black president in the school's history. A historian specializing in African American studies, Holloway received his undergraduate degree from Stanford University, where he played football with New Jersey U.S. Sen. Cory Booker. (NBC New York)
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A new report says that K-12 leaders should look to historically black colleges and universities to adopt strategies to promote the success of African American students. The report, “Imparting Wisdom,” was commissioned by the United Negro College Fund’s Frederick D. Patterson Research Institute. (University Business)
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NBMBAA
The Austin Chapter of the National Black MBA Association's Leaders of Tomorrow (LOT) is inviting runners of all levels to participate in its 5K Fun Run, which will be held Saturday, Jan. 25, beginning at 9 a.m. A LOT to Run For is a 5K Run for Leaders of Tomorrow and raises funds to help high school students realize their leadership abilities. (Patch)
 
 
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Technology
5G has been called the catalyst for the world's fourth industrial revolution, and planning for that future is essential. Consider what 5G will look like for your business–how it could disrupt your industry or create new opportunities. Forward-looking companies and leaders will plan now for privacy and security concerns, rather than backfill to solve problems as they come. (Inc.)
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Entrepreneurship
Banks deny loan applications from black business owners more often than any other racial group, according to U.S. Federal Reserve data. More than half of the applications of black-owned businesses were denied in 2014, the most recent nationwide data available. Only about 25% of loan applications by white business owners were turned down during that same period. (STL Public Radio)
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Personal Finance
As the new year begins, so many people kick the year off with resolutions, whether it's going to the gym or starting a new diet. But what about your finances? Now is the perfect time to take a look at your money–and how you can make sure you're in the best shape possible, especially if the country his an economic downturn. (The Washington Post)
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Corporate America
Tesla’s market valuation hit $100 billion on Tuesday, becoming the first publicly listed U.S. carmaker to do so, and sets CEO Elon Musk on the track to a $346 million payday. Tesla does not pay Musk a salary or a bonus, but his 2018 compensation package would break all records for executive pay if the electric carmaker’s shares continue to rise and it hits key production targets. (Forbes)
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