
Top News
Wall Street is examining whether it will benefit from a little-known section of a broad new law that President Obama is expected to sign on Thursday. Provisions tucked into the so-called JOBS Act, or the Jumpstart Our Business Startups, will roll back some major securities regulations and parts of a landmark legal settlement struck almost a decade ago. (The New York Times)
Visit http://dealbook.nytimes.com/2012/04/04/wall-st-examines-fine-print-in-a-new-jobs-bill/ to view the full article online.
Welcome to the Permanent Job Search. From now on, all of us will be "looking" for a job even when we're not actually looking for a job. Employers are researching each of us digitally 24/7/365. Our resumes are perpetually available online in various forms, some of which we control and some of which we don't. Those of us who exert the necessary effort to maximize our digital reputations will be rewarded: opportunities will find us. Those of us who don't will miss out. (Harvard Business Review)
Visit http://blogs.hbr.org/cs/2012/04/your_future_employer_is_watchi.html to view the full article online.
Everyone knows why oil prices, at around $125 for a barrel of Brent crude, are so high. The long-term trends are meager supply growth and soaring demand from China and other emerging economies. And in the short term, the market is tight, supplies have been disrupted and Iran is making everyone nervous. (The Economist)
Visit http://www.economist.com/node/21551484 to view the full article online.
Career
Who's really effective at the office? To get a handle on that question, a handful of bosses are taking decision-making power out of the executive suite and asking employees to help identify – and reward – talent by experimenting with internal markets in which workers "invest" in co-workers' performance and ideas. (Wall Street Journal)
Visit http://online.wsj.com/article/SB10001424052702304750404577322031128520506.html to view the full article online.
Diversity in the Workplace
International
The protracted European debt crisis and austerity measures have made career prospects for many of the continent's youth bleaker than ever. In Spain and Greece, nearly half of all those under age 25 are unemployed. But that's not the case in Germany. In stark contrast, Germany's youth employment is the highest in Europe, with only a 7.8 percent jobless rate. (NPR)
Visit http://www.npr.org/2012/04/04/149927290/the-secret-to-germanys-low-youth-unemployment to view the full article online.
A group of former World Bank officials has written a letter backing Nigeria's Finance Minister, Ngozi Okonjo-Iweala, to be its next president. Traditionally the post is given to the candidate put forward by the US, which this time is Dr Jim Yong Kim. (BBC)
Visit http://www.bbc.co.uk/news/business-17623083 to view the full article online.
Education
Financial aid experts have long been telling graduate business students who have been working and might have forgotten their undergraduate days to learn to live like students again. Few, if any, have ever explained what that really means. (Bloomberg/Businessweek)
Visit http://www.businessweek.com/articles/2012-04-03/penny-pinching-for-mbas to view the full article online.
NBMBAA
Make plans now to join us in Indianapolis this September for a week of top notch networking, education and career development at the 34th Annual Conference. You can't afford to miss this amazing event. Registration is coming in May, so start your planning today!
Visit http://www.nbmbaa.org/Conference/Default.aspx to view the full article online.
Technology
Last week BlackBerry makers Research In Motion imploded. In a decisive move the old guard was swept from senior management positions. Including, crucially, the oldest guard of all: cofounder Jim Balsillie. This week the new RIM's revealed it's tweaking its BlackBerry Enterprise Servers – the core engines that power much of the BlackBerry's fast mail handling, and its secure messaging – to support iOS. That's a concession it's lost the lion's share of the smartphone market to Apple. It's also a sign that a lot of mistakes have happened, and RIM is pushing the reset button. (Fast Company)
Visit http://www.fastcompany.com/1829543/five-lessons-from-rims-sticky-blackberry-mess to view the full article online.
If you haven’t yet laid eyes on the new iPad’s screen, you must. "Sharp" doesn’t begin to describe Apple’s upgrade in display quality. But here’s the kicker: Samsung, a company firmly aligned with Android and one of Apple’s largest competitors in the mobile space, is manufacturing the new iPad’s flagship feature. So, naturally, questions arise: Why are we seeing Retina displays in iPads but not in Samsung’s own Galaxy-branded tablets? Why would Samsung allow itself to be trumped by a mere customer? (Wired)
Visit http://www.wired.com/gadgetlab/2012/04/samsung-tablet-ipad-retina-display/ to view the full article online.
Entrepreneurship
The law that President Obama is set to sign this week is expected to unleash a wave of crowdfunding. That promises to give some startups access to capital they wouldn’t have had otherwise, but it could set up unwary entrepreneurs for a headache. (Entrepreneur)
Visit http://www.entrepreneur.com/article/223270 to view the full article online.
The Economy
Unable to sell his parents’ ocean-front timeshare for the past year, David Suder became so fed up he offered to give it away. They paid $8,000 for the Orange County, Calif. unit a decade ago, but since there are no willing buyers, and his 81-year-old mother, now a widow, can no longer afford the monthly maintenance fees, Suder says he doesn’t have a choice. (Smart Money)
Visit http://blogs.smartmoney.com/advice/2012/04/04/timeshare-prices-plummet-to-1/ to view the full article online.
Personal Finance
Spring has sprung early around my neck of the woods, and with it the green shoots that portend flourishing growth. Spring also came early to the markets; most major stock market averages enjoyed one of their best first quarters ever — but rather than be viewed as the root of better days to come, many so-called experts are forecasting a turn for the worse. (MarketWatch)
Visit http://www.marketwatch.com/story/balancing-your-portfolio-for-spring-2012-04-02 to view the full article online.
Corporate America
Welcome to the world of expense-account tightwads. Citing everything from habit to principle to commitment to their employer's bottom line, these workers go out of their way to keep expenses low, staying in bargain hotels, swearing off room service and scouring the Web for cheap flights. (Wall Street Journal)
Visit http://online.wsj.com/article/SB10001424052970204781804577271652014459814.html to view the full article online.
Government
Standing in line at security at San Francisco International Airport not long ago, family in tow, I dutifully pulled the laptop out of my bag and placed it in a separate bin for its solo trip through the X-ray machine. I also had an iPad in my backpack, so I caught the eye of a security agent. "Excuse me, does the iPad come out too?" (The New York Times)
Visit http://travel.nytimes.com/2012/04/08/travel/the-mystery-of-the-flying-laptop.html to view the full article online.
Leadership
It happens. We’re all human. Everyone makes mistakes. It’s the way they’re handled that can mean success or failure to a business. Our team is no different. We work extra hard to fix problems quickly and earn back the trust of our employees or customers. (Inc.)
Visit http://www.inc.com/rene-siegel/you-screwed-up-now-what.html to view the full article online.
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