
International
Norbert Reithofer, the chief executive of BMW, often boasted that he was among the first to start trimming jobs in 2007 when he saw a downturn coming in the automobile industry.
Visit http://www.cnbc.com/id/38556897 to view the full article online.
As the financial crisis hit in late 2008, Meccano, a French maker of construction toys, watched its pre-Christmas sales slip. Its banks got jittery and things looked difficult for the 103-year-old firm (which was born British, in Liverpool).
Visit http://www.economist.com/node/16741043 to view the full article online.
Education
They are perhaps the best-educated generation ever, but they can’t find jobs. Many face staggering college loans and have moved back in with their parents. Even worse, their difficulty in getting careers launched could set them back financially for years.
Visit http://www.msnbc.msn.com/id/38364681/ns/business-economy_at_a_crossroads/ to view the full article online.
NBMBAA
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 at the NBMBAA 32nd Annual Conference & Exposition Sept. 21-25 in Los Angeles. The catch? You use only a whiteboard and marker. But your genius idea can win you $10,000! Sign up today! Deadline Extended to Aug. 13.
Visit http://www.nbmbaa.org/2010_conference_site/docs/2010_whiteboard_challenge_v3.pdf to view the full article online.
Team up with State Farm® and MLB® to support NBMBAA and you could win a trip for 2 to the 2010 MLB® World Series® ! Visit the site, choose the National Black MBA Association as your charity, play the Go To Bat game online and swing for the fences. The more home runs you hit, the more entries you’ll get in the weekly drawing.
Visit http://www.mlb.com/mlb/sweepstakes/y2010/state_farm/gotobat/ to view the full article online.
Entrepreneurship
In the 17th century, English dictator Oliver Cromwell sent thousands of Irish into servitude in the Caribbean. For Irishman Denis O'Brien, that history links his country and Caribbean nations like Haiti, founded by black slaves.
Visit http://www.time.com/time/magazine/article/0,9171,2007286,00.html to view the full article online.
Personal Finance
This weekend, nearly a dozen states will suspend taxes on back-to-school supplies, from notebooks and pens to new clothes and shoes. The sales tax holidays are popular with retailers, many of whom see a boost in sales without giving up any revenue.
Visit http://www.npr.org/templates/story/story.php?storyId=128983150 to view the full article online.
Corporate America
Recent government data suggest an economy in confusion. Growth and consumption are slowing, but savings are rising, up to 6.4 percent of personal income. The savings rate, in fact, has been climbing for three years, as Americans have been hoarding cash to protect themselves against the struggling economy.
Visit http://www.slate.com/id/2262740/ to view the full article online.
Government
"ELECTION time is coming," begins a song entitled "President" by Wyclef Jean, the Haitian hip-hop star. Election time is indeed coming in Haiti, with the presidential vote scheduled for November 28th, and Mr Jean's vision may very well come true. He will formally announce his candidacy this Thursday night during an appearance on Larry King Live.
Visit http://www.economist.com/blogs/newsbook/2010/08/wyclef_jeans_candidacy to view the full article online.
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