Black MBA NetWire

National Black MBA Association

Top News
The fact of the matter is that the overall chance of being audited is slim: About 1% of all tax returns are selected for a closer look. The even better news is that you may be able to further reduce your risk for an audit with these seven suggestions. (USA TODAY)

Visit http://www.usatoday.com/story/money/personalfinance/2016/02/13/tax-tips-avoid-irs-audit/78854476/ to view the full article online.

 
Here's one stat people often cite when talking about the state of U.S. manufacturing: The sector has lost 5 million jobs since 2000. But there's another that's not as well-known: The sector has actually gained about 838,000 jobs since 2010. (CNN Money)

Visit http://money.cnn.com/2016/04/07/news/economy/manufacturing-jobs/index.html?iid=hp-stack-dom to view the full article online.

 
If your employees are scared of sharing ideas and taking risks, your company culture may be in jeopardy. (Black Enterprise)

Visit http://www.blackenterprise.com/career/4-ways-to-create-a-no-fear-work-environment/ to view the full article online.

 
Regeneron Pharmaceuticals Inc.
Career
The reality, though, is that you have to be a bit selfish when it comes to decisions about career transitions. (Harvard Business Review)

Visit https://hbr.org/2016/04/navigating-the-emotional-side-of-a-career-transition to view the full article online.

 
Big data analytics is becoming a big requirement to work in the financial services industry. (Business Because)

Visit http://www.businessbecause.com/news/mba-careers/3903/data-analytics-could-get-you-hired-by-goldman to view the full article online.

 
His famous Zen attitude towards managing, investing and making billions can be largely attributed to his enviable work-life balance. (Entrepreneur)

Visit https://www.entrepreneur.com/article/273342 to view the full article online.

 
Lincoln Financial Group
Diversity in the Workplace
The Amazon Black Employee Network is a group attempting to forge partnerships between the tech sector and Seattle’s black community, aimed at empowering people economically. (Crosscut)

Visit http://crosscut.com/2016/04/amazon-employees-pitch-in-for-the-central-district/ to view the full article online.

 
Miami International Airport was recognized by Airports Council International-North America -- the leading industry organization representing the governing bodies that own and operate commercial airports in the United States and Canada -- with its top award for exceptional achievement in promoting and sustaining diversity. (Market Wired)

Visit http://www.marketwired.com/press-release/mia-named-top-airport-in-north-america-for-inclusion-and-diversity-2112566.htm to view the full article online.

 
International
The leak of 11.5 million documents from one of the world's most secret companies, Panamanian law firm Mossack Fonseca, has grabbed headlines around the world. So what have we actually learned from the Panama Papers? (BBC)

Visit http://www.bbc.com/news/business-35979313 to view the full article online.

 
The Obama Administration lowered the boom this week on those companies seeking to relocate outside of the U.S. in order to avoid or lessen a hefty tax bill. . . . Caught in the crosshairs; Ireland whose corporate tax rate is about 12.5% compared to America’s 39%. (Fox Business)

Visit http://www.foxbusiness.com/politics/2016/04/07/ireland-doesn-t-want-u-s-corporate-tax-dodgers-either.html to view the full article online.

 
Highmark, Inc
Education
For some schools, international students have contributed to boosts in enrollment. (U.S. News & World Report)

Visit http://www.usnews.com/education/best-graduate-schools/top-business-schools/articles/2016-04-04/graduate-enrollment-rises-at-historically-black-business-schools to view the full article online.

 
NBMBAA
NBMBAA President/CEO Jesse Tyson recently sat down with DiversityComm’s Black EOE Journal to discuss the importance of mentorship and the benefits of joining an organization like the National Black MBA Association (NBMBAA). Here, Tyson offers advice and his own career experience to young people interested in achieving success through their involvement with NBMBAA. (Black EOE Journal)

Visit http://blackeoejournal.com/home-featured/nbmbaa-presidentceo-jesse-tyson-sits-down-with-black-eoe-journal-to-discuss-the-importance-of-mentorship/ to view the full article online.

 
Florida Memorial University (FMU) and the National Black MBA Association® (NBMBAA) entered into a groundbreaking agreement that will develop and strengthen career pathways for undergraduate and graduate business students. (Black PR Wire)

Visit http://www.blackprwire.com/press-releases/4755-bprw_florida_memorial_university_and_national_black_mba_association__forge_landmark_partnership to view the full article online.

 
Northwestern Mutual
Technology
WhatsApp now encrypts users' conversations. Here's why that's a game changer -- but also why the platform still isn't fully secure and private.(Inc.)

Visit http://www.inc.com/joseph-steinberg/why-whatsapps-new-encryption-is-a-game-changer.html to view the full article online.

 
Target has added digital coupons from manufacturers to its popular Cartwheel shopping app, an expansion that will mean savings will come in dollars and not just as percentage discounts, likely bolstering a tool the retailer increasingly relies on to cultivate customer loyalty. (Fortune)

Visit http://fortune.com/2016/04/06/target-cartwheel-2/ to view the full article online.

 
Entrepreneurship
Entrepreneurs are helping to revitalize pop-up stores, a decades-old retail concept. (New York Times)

Visit http://www.nytimes.com/2016/03/31/business/smallbusiness/pop-up-stores-thrive-in-a-world-of-failing-retailers.html?ref=smallbusiness to view the full article online.

 
Here are the entrepreneurial red flags and how to avoid them. (Black Enterprise)

Visit http://www.blackenterprise.com/small-business/7-common-mistakes-new-entrepreneurs-make/ to view the full article online.

 
The new "Break the Walls" campaign aims to redefine traditional personal care categories. (Fast Company)

Visit http://www.fastcocreate.com/3058637/sheamoisture-brings-ethnic-empowerment-to-the-beauty-aisle to view the full article online.

 
The Economy

If you’re a middle-class African American investor, you’re likely to be more optimistic about the economy than your white middle-class counterpart. (Black Enterprise)

Visit http://www.blackenterprise.com/money/black-investors-more-optimistic-than-whites-about-economys-future/ to view the full article online.

 
A weaker dollar accompanied by a strikingly more dovish Federal Reserve is feeding the notion that global policy makers reached some sort of soft agreement to at least call a truce in the "currency wars" that saw the world’s central banks competing to weaken their respective currencies in a bid to steal export business from each other. (Market Watch)

Visit http://www.marketwatch.com/story/why-global-currency-truce-may-not-last-2016-04-06 to view the full article online.

 
Personal Finance
Not taking full advantage of your credit card points? You can do better. (Money)

Visit http://time.com/money/4254580/get-more-from-rewards-cards/?xid=homepage to view the full article online.

 
o some degree, paying taxes is optional. Granted, that's not a true statement when it comes to wages. But it does accurately describe some investment strategies and tactics. Investors often exercise considerable control as to when — and even whether — to pay taxes. Here are four common situations: (USA TODAY)

Visit http://www.usatoday.com/story/money/personalfinance/2016/04/07/4-investment-strategies-make-paying-taxes-optional/82385328/ to view the full article online.

 
Naylor Association Solutions
Professional Development
It's critical to oversee development of existing employees in a similar manner as new hires. Harvard Business Review)

Visit https://hbr.org/2016/04/internal-hires-need-just-as-much-support-as-external-ones to view the full article online.

 
Naylor Association Solutions
Corporate America
U.S. drug giant Johnson & Johnson is expanding its business and R&D presence in Africa, a key emerging market that the company believes will buttress sales of its medications over time. (Fortune)

Visit http://fortune.com/2016/04/06/jnj-business-africa/ to view the full article online.

 
BET Networks, a division of Viacom, has acquired Soul Train from InterMedia Partners and The Yucaipa Companies. (Business Wire)

Visit http://www.businesswire.com/news/home/20160404006149/en/Viacom%E2%80%99s-BET-Networks-Acquires-Soul-Train to view the full article online.

 
Samsung performed better than expected at the beginning of what it has said will be a tough year, thanks to a product that recently had been its Achilles' heel: smartphones. (New York Times)

Visit http://www.nytimes.com/2016/04/07/business/samsung-profits-are-up-thanks-to-its-galaxy-7-smartphone.html?ref=business to view the full article online.

 
With Alaska Airlines' purchase of Virgin America, the new carrier will become America's fifth-largest. (The Economist)

Visit http://www.economist.com/news/business-and-finance/21696326-new-carrier-will-become-americas-fifth-largest-alaska-airlines-purchase-virgin to view the full article online.

 
Government
The Obama administration is increasingly taking aim at corporate mergers as the bustling market pumps out deals at a record pace, placing business titans at odds with Washington amid swirling political angst.(USA Today)

Visit http://www.usatoday.com/story/money/2016/04/06/obama-administration-mergers-inversions-anti-trust-justice-department/82702790/ to view the full article online.

 
A new Labor Department rule will impose higher ethical standards on financial advisers who manage retirement funds. (Money)

Visit http://time.com/money/4281293/fiduciary-rule-standard-retirement/?xid=homepage to view the full article online.

 
The United States Government is close to issuing a rule that for the first time will require banks and other financial institutions to find out the identities of people hidden behind shell companies. (New York Times)

Visit http://www.nytimes.com/2016/04/07/world/americas/us-plans-to-require-banks-to-identify-owners-of-shell-companies.html?ref=world&_r=0 to view the full article online.

 
Leadership
Although you might think you're engaging and outgoing, your introverted co-workers likely find you annoying. (Inc.)

Visit http://www.inc.com/amy-morin/heres-what-introverts-really-think-of-their-extroverted-co-workers.html to view the full article online.

 
This year, our most comprehensive new research on talent management, "High-Impact Talent Management 2015," found the most differentiating, predictive practices that directly correlate with high performing global companies are those which focus on diversity, inclusion and fairness.(Chief Learning Officer)

Visit http://www.clomedia.com/2016/04/04/learning-plays-a-pivotal-role-in-diversity-and-inclusion/ to view the full article online.

 
Lifestyle
The City of Springfield, Mass., has been named one of the 10 Best Cities for African Americans, 2016 by Livability.com. The cities were selected based on basic indicators of livability including cost of living, health care availability, economic equality, commute time, access to parks, and safety. Editors looked for cities with higher-than-average and growing African-American populations, and where they are succeeding in terms of income, academic achievement, and home ownership.()Business West)

Visit http://businesswest.com/blog/springfield-named-one-of-the-best-cities-for-african-americans/ to view the full article online.

 
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National Black MBA association INC