Black MBA NetWire

National Black MBA Association

Top News
Mortgage loans are being denied at the lowest rate in the past two decades, but a huge divide remains between potential home buyers of different racial groups, according to online real estate firm Zillow. White or Asian borrowers are more likely to get mortgage approval than black or Hispanic borrowers. (Black Enterprise)

Visit http://www.blackenterprise.com/despite-lower-overall-mortgage-denial-rates-blacks-still-twice-as-likely-than-whites-to-be-turned-down-for-a-conventional-home-loan/ to view the full article online.

 
In this fast-paced society in which work and personal time are always competing, you must define how you want to prioritize your time when professional and personal commitments collide. Each person must determine this prioritization for themselves because dramatic differences exist between individuals’ preferences. (Harvard Business Review)

Visit https://hbr.org/2018/04/what-to-do-when-when-personal-and-professional-commitments-compete-for-your-time to view the full article online.

 
Hiring a financial planner can be a sound decision to help keep your finances in order, but be careful. You should may be better off with a fee-only planner or adviser to ensure there isn't a conflict of interest when it comes to their advice. (USA TODAY)

Visit https://www.usatoday.com/story/money/personalfinance/2018/04/25/reasons-hire-fee-only-financial-planner/544521002/ to view the full article online.

 
Career
It's important to introduce yourself to people higher-up in your company - or at least other than your immediate supervisor. In order to be noticed and move up, you need to communicate with people other than those you work directly with. (Fast Company)

Visit https://www.fastcompany.com/40560794/you-need-to-talk-to-your-companys-ceo-heres-why-and-what-to-say to view the full article online.

 
"The Art of Living Dangerously" author Jennifer Murphy says the first step to determining your perfect job match is knowing what makes you tick. (Monster)

Visit https://www.monster.com/career-advice/article/jennifer-murphy-the-art-of-living-dangerously?wt.mc_n=CRM_B2C_US_EN_ONG_E_NEWS_EXP_A1&sp_rid=MjY5NjU5NTA2MDcS1&sp_mid=1450852 to view the full article online.

 
Diversity in the Workplace
Countless studies show that diverse teams are more innovative, better at making decisions, and literally boost bottom lines. Yet more often than not, diversity programs become window dressing. (Quartz)

Visit https://work.qz.com/1260780/finally-a-definition-of-workplace-inclusion-thats-truly-actionable/ to view the full article online.

 
International
EU lawmakers and member states on Thursday struck a preliminary deal that will allow countries to force online streaming services to help fund European films and TV shows. (CNBC)

Visit https://www.cnbc.com/2018/04/26/eu-strikes-deal-forcing-netflix-amazon-to-fund-european-content.html to view the full article online.

 
Naylor Association Solutions
Education
The University of Michigan is offering a data and business analytics concentration in its full-time MBA program. The decision to offer the program is based on student and employer demand in this area. Employers are increasingly seeking workers who understand and utilize business analytics. (Business Because)

Visit https://www.businessbecause.com/news/making-the-headlines/5251/michigan-ross-launches-big-data-mba-course to view the full article online.

 
In a report published last week, researchers at Duke University - led by Professor William Darity - highlighted and attempted to dispel 10 of the most harmful myths surrounding the racial wealth gap. One of those myths is that more education and work effort can actually close the racial gap. (Pacific Standard)

Visit https://psmag.com/economics/meet-the-researcher-dispelling-old-myths-about-the-racial-wealth-gap to view the full article online.

 
Based on information released on Tuesday from a study by the Pew Research Center, there is a huge gap between the level of education of immigrants from sub-Saharan Africa in the United States and in Europe. Those immigrants are more likely that native-born Americans to have some level of tertiary education and almost as likely to have a job which tends to be in management for legal immigrants. (Business Insider South Africa)

Visit https://www.businessinsider.co.za/sub-saharan-immigrants-in-the-us-are-better-educated-than-those-in-europe-2018-4 to view the full article online.

 
NBMBAA
NBMBAA will create the Bakari Henderson Memorial Scholarship Fund, named in honor of a 22-year-old University of Arizona graduate, world traveler, and budding entrepreneur who was killed while vacationing in Greece. (Black Enterprise)

Visit http://www.blackenterprise.com/national-black-mba-association-establishes-scholarship-to-honor-murdered-scholar/ to view the full article online.

 
Technology
Google's unveiling of its overhauled Gmail is being met with stellar reviews from technology experts. Here's an opinion from one on why it's so impressive. (Forbes)

Visit https://www.forbes.com/sites/anthonykarcz/2018/04/25/googles-new-gmail-is-the-best-thing-to-happen-to-email-since-the-old-gmail/#3767462d4477 to view the full article online.

 
Entrepreneurship
Take Our Daughters and Sons to Work Day, created by the Ms. Foundation for Women in 1993, highlights the importance of education and encourage children to picture their professional futures. (Inc.)

Visit https://www.inc.com/emily-canal/take-our-daughters-and-sons-to-work-day-2018.html?cid=hmhero to view the full article online.

 
To build and maintain a successful long-term business, entrepreneurs need to find key areas in the budget that can possibly be outsourced and reduce costs. One area you might save in is marketing. Try these four tools to help boost your business without breaking your budget. (Business.com)

Visit https://www.business.com/articles/small-business-look-bigger/ to view the full article online.

 
As the keynote speaker for the Power the Future conference’s opening general session earlier this month, former NBA star turned entrepreneur and business mogul Earvin "Magic" Johnson stressed the importance of investing in Urban America. (Minnesota Spokesman-Recorder)

Visit http://spokesman-recorder.com/2018/04/24/earvin-johnson-shares-his-business-magic/ to view the full article online.

 
The Economy
With the increase in fuel prices, airlines are having to shell out more money for fuel. And you know what that means: passengers may soon be getting charged more for their airline tickets. (CNBC)

Visit https://www.cnbc.com/2018/04/26/surge-in-fuel-prices-set-to-drive-up-airfares.html to view the full article online.

 
Personal Finance
Millennial homeownership fell from a three-year high of 36 percent in the fourth quarter of last year back to 35.3 percent in the first quarter of this year, according to the U.S. Census. (CNBC)

Visit https://www.cnbc.com/2018/04/26/millennial-homeownership-suddenly-drops-after-a-good-run.html to view the full article online.

 
Corporate America
American car-buyers are favoring SUVs so much - similar to a decade ago - that Ford has decided to drop traditional cars from its fleet in favor or crossovers and SUVs. There is some sound logic to it. (CNN)

Visit http://money.cnn.com/2018/04/26/news/companies/ford-suv-shift/index.html to view the full article online.

 
Government
An analysis by The Associated Press shows the nation’s six big Wall Street banks saved at least $3.59 billion in taxes last quarter, thanks to the recently enacted Trump tax law. (MSNBC)

Visit http://www.msnbc.com/rachel-maddow-show/republican-tax-plan-delivers-massive-rewards-wall-street to view the full article online.

 
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National Black MBA association INC