
Top News
It seems to have emanated from a feeling by the protesters that they aren't getting a fair shot at prosperity. They believe that big companies, specifically major banks, have rigged the system to their own benefit and to the suffering of ordinary people. (Fortune)
Visit http://finance.fortune.cnn.com/2011/10/20/99-percent-protests/ to view the full article online.
International
Under intense international pressure to lift banking secrecy, the first and biggest of the world’s "tax havens" – places that charge low or no taxes to foreigners – is ceding some ground. In a deal signed on October 6th, Switzerland agreed to tax money held in its banks by British residents (it had already done a similar deal with Germany). (The Economist)
Visit http://www.economist.com/node/21532264 to view the full article online.
Education
Japanese corporations are expressing growing interest in enrolling more of their managers in executive education programs overseas, acknowledging a need to make their organizations more globally oriented at a time when their home market is projected to shrink. (The New York Times)
Visit http://www.nytimes.com/2011/10/20/education/20iht-SReducJapan20.html to view the full article online.
NBMBAA
The National Black MBA Association would like to send a special thank you to all of those who made this year's 33rd Annual Conference & Exposition a monumental success. Stay tuned to www.nbmbaa.org in the coming weeks for Conference highlights, photos and much more. Don't forget to look out for more info about the 34th Annual Conference & Expo next year in Indianapolis!
Technology
Besides becoming the butt of late-night TV hosts’ jokes, the company may have lost as many as 600,000 of its 24.6 million U.S. customers since July, estimates Darren Aftahi, an analyst with Northland Capital Markets. The extent of the damage should be revealed on Oct. 24, when the company announces earnings and subscriber numbers that will show how many customers have fled. (Bloomberg/Businessweek)
Visit http://www.businessweek.com/magazine/can-netflix-regain-lost-ground-10192011.html to view the full article online.
New rumors follow a wave of speculation fueled by Ticonderoga Securities analyst Brian White. Last week, in a statement positing that Apple is working on a lower-priced iPad, the analyst wrote, "Essentially, this ‘iPad mini’ will also fend off the recently announced Amazon Kindle Fire that addresses the low-end tablet market with a $199 price tag." (Wired.com)
Visit http://www.wired.com/gadgetlab/2011/10/apple-7-inch-ipad-rumors/ to view the full article online.
Entrepreneurship
To most business owners who have spent years or decades and hundreds of thousands of dollars building their brand and developing a client base, chucking it all away to reinvent your business probably seems like the height of insanity. (Entrepreneur)
Visit http://www.entrepreneur.com/article/220523 to view the full article online.
The Economy
The U.S. hasn't had unemployment this high for this long since the Great Depression. That's weighing heavily on a lot of Americans and seems to be a key part of the frustration and anger that's being directed at Wall Street and the big banks. For many people, it's not so much about high finance as it is about a weekly paycheck. (NPR)
Visit http://www.npr.org/2011/10/20/141509639/frustration-over-jobs-unites-occupiers-in-boston to view the full article online.
Personal Finance
Want a free trip to Paris? Just sign up. Hard-core collectors of frequent-flier miles are turning credit card sign-up bonus offers into vast stashes of miles, points and expensive trips by opening new card accounts by the dozen. Some practitioners call it travel hacking, and at a time when travelers are frustrated by declining service and growing airline fees and fares, it represents a rare travel bonanza. (Wall Street Journal)
Visit http://online.wsj.com/article/SB10001424052970204618704576640931800937612.html to view the full article online.
Professional Development
Many employees and business people spend money on continuing education for work, career, pleasure or a mix of factors. A surprising amount can be deducted on your taxes. The biggest restriction on deducting education expenses is that it can’t qualify you for a new job or career. (Forbes)
Visit http://www.forbes.com/sites/robertwood/2011/10/15/more-tax-breaks-for-education/ to view the full article online.
Leadership
As Britain was dangerously close to defeat in 1940, Winston Churchill put the English language into battle. He inspired the people of Great Britain with his defiant, heroic speeches, rousing challenges that were full of hope, humor and direction. By using language strategically, he delivered some of the most powerful and moving speeches that were broadcast across Britain and the rest of the world, including Nazi-occupied Europe. (Fast Company)
Visit http://www.fastcompany.com/1789107/content-is-the-new-currency to view the full article online.
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