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The United States and China are due to impose new tariffs on each other's exports amounting to $34 billion on July 6. The Trump administration maintains that the tariffs are necessary to protect U.S. intellectual properties, but the news has already unsettled markets. (CNN.com)
Visit http://money.cnn.com/2018/07/05/news/economy/us-china-trade-war-tariffs/index.html to view the full article online. |
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While "legacy" cities like Pittsburgh, Baltimore, Cleveland, Detroit and St. Louis are bouncing back from decades of decline, their poor and minority residents are not recovering as quickly. (Fast Company)
Visit https://www.fastcompany.com/40586985/american-cities-are-reviving-but-leaving-the-poor-behind to view the full article online. |
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While Google and Facebook currently dominate the internet's advertising dollars, Amazon's increasing presence in the industry and exclusive data on what consumers buy have the e-commerce giant ready to capitalize. (NBC News)
Visit https://beta.nbcnews.com/business/business-news/jeff-bezos-amazon-have-advertising-industry-looking-over-its-shoulder-n888956 to view the full article online. |
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Entrepreneurs and small business owners are especially susceptible to anxiety and bouts of depression. The ups and downs of building a company from scratch and carving out a market share require professionals to take measures to protect themselves. (Inc.)
Visit https://www.inc.com/zoe-henry/4-ways-to-navigate-highs-and-lows-building-a-business.html?cid=hmside2 to view the full article online. |
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Black women are the fastest-growing segment of new entrepreneurs, but like anyone in business, they have to arm themselves with the right tools in order to succeed. These three how-tos are necessary to learn in order to establish a solid business. (Black Enterprise)
Visit http://www.blackenterprise.com/3-things-black-women-entrepreneurs-need-to-know/ to view the full article online. |
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Unconscious expressions of racism or sexism - otherwise known as microaggressions - occur in the workplace every day. This list shows how certain commonly heard phrases and statements are problematic and toxic. (Business Insider)
Visit http://www.businessinsider.com/microaggression-unconscious-bias-at-work-2018-6 to view the full article online. |
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Chinese smartphone and networking equipment manufacturer ZTE has been in crisis mode since the U.S. Commerce Department banned U.S. companies from selling components to the tech goliath. The ban resulted from ZTE's breach of a 2017 deal to pay a fine for violating sanctions on Iran and North Korea. (CNN Money)
Visit http://money.cnn.com/2018/07/05/technology/zte-new-ceo/index.html to view the full article online. |
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Early bird registration for the NBMBAA annual conference is available until July 11, 2018.
About 10,000 professionals are expected to attend the National Black MBA® Association’s annual conference when it returns to the city where it first convened four decades ago: Detroit.
Cobo Center will be the site of the 40th Annual Conference and Exposition where 10 entrepreneurs will have a chance to pitch ideas for thousands of dollars in investments at the Scale-Up Pitch Challenge. Registration is open for the conference, scheduled for Sept. 25-29, whose "OneVoice.OneMission" theme will promote educational and economic empowerment for black Americans.
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Digital platforms can be designed with faulty algorithms that discriminate based on race and other factors, and they can also break down when overwhelmed with the internet's wealth of misinformation. These four designers are tackling the issue with pioneering tactics. (Co.Design)
Visit https://www.fastcodesign.com/90178147/meet-4-design-heroes-who-are-defending-democracy-online to view the full article online. |
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AccorHotels has launched a promotional campaign using biometric data to gain insight on the attitudes and behaviors of its loyalty club members. Users participating in an online survey can opt-in to enabling their computer's webcam, allowing the company to record data on heart rate. (Inc.)
Visit https://www.inc.com/christine-lagorio/hotels-want-your-biometric-data.html?cid=hmsub3 to view the full article online. |
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National Black MBA Association® launched the Scale-Up Pitch Challenge in 2017 to address our 2020 Vision Goal of awarding $2 million in Business Grants to our membership. This challenge is a pitch competition designed to "Make Big Ideas Bigger" by encouraging our members to create startups that are scalable. We provide startups the unique opportunity to connect with early stage investors and venture capitalists who are ready to invest. Culminating at the 40th Annual Conference & Exposition in September, the winning team will be awarded a $50,000 Grand Prize, with additional to prizes for 2nd place and a 3rd prize called the People’s Choice Award.
If you think your startup embodies a "Big Idea" that can be even bigger, this challenge is for you! Visit https://nbmbaa.org/scale-up-pitch-challenge/ to view the full article online. |
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A recent VoucherCloud study showed workers were productive for less than three hours of their eight-hour workdays. Entrepreneurs, who can't afford such inefficiency, can consider these scheduling tips for greater results. (Entrepreneur)
Visit https://www.entrepreneur.com/article/316183 to view the full article online. |
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Median base pay was up 1.6 percent by the end of June, coming to $52,052 according to Glassdoor's Local Pay Report. The research also indicates that blue-collar workers are in high demand, with jobs like bank teller, truck driver and warehouse associate seeing large gains. (USA Today)
Visit https://www.usatoday.com/story/money/economy/2018/07/05/us-wage-growth-in-june-was-2018s-strongest-so-far/36579285/ to view the full article online. |
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Mary Barra, General Motors chairman and CEO, submitted a statement to the U.S. Commerce Department that the increased import tariffs - which could be as high as 25 percent - will lead to GM cutting jobs, raising prices and having a smaller presence both in the U.S. and abroad. (NBC News)
Visit https://beta.nbcnews.com/business/autos/trump-s-tariffs-will-lead-job-losses-warns-general-motors-n888361 to view the full article online. |
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Average 30-year mortgage rates in the U.S. fell to 4.52 percent this week, down 0.03 percent from the previous week. Rates have now declined in five of the past six weeks, but are still more than half a percent higher than the rate at the same time last year. (U.S. News & World Report)
Visit https://www.usnews.com/news/business/articles/2018-07-05/average-us-30-year-mortgage-rates-fall-to-452-percent to view the full article online. |
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Carl Icahn, a billionaire investor who has been heavily involved in Dell's largest decisions, scored roughly $200 million in profit by buying DVMT and VMware stock ahead of Dell's re-entry to public markets. The computer company announced Monday they'd reverse a 2013 decision to go public by buying DVMT and VMware, at which time Icahn swooped in. (The New York Times)
Visit https://www.nytimes.com/2018/07/05/business/dealbook/icahn-dell-deal.html?rref=collection%2Fsectioncollection%2Fbusiness&action=click&contentCollection=business®ion=stream&module=stream_unit&version=latest&contentPlacement=2&pgtype=sectionfront to view the full article online. |
