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☆ Gen Z may be on track to kill middle management
▼ + stars: | 2023-12-05 | by ( Lindsay Dodgson | Sawdah Bhaimiya | ) www.businessinsider.com time to read: +12 min

The result may be that Gen Z largely kills off middle management roles for good. AdvertisementIt may even be that Gen Z kills off middle management for good. Success looks different to Gen ZBen Voyer, an ESCP Business School professor and founder of the Gen Z Observatory, told BI that his research showed that "success takes many more different forms" for Gen Z workers. Advertisement"It seems like the employees like to blame the middle managers, and the leadership likes to blame middle managers," she said. AdvertisementKing also agreed that Gen Z rejecting middle management is not because they're work-averse or lazy.

Persons: —, Wendy, — millennials, Zers — Wendy, wasn't, Millennials, Gen Zers, Vivian Lynn, dwindles, Z Ben Voyer, Michelle P, Netflix's, it's, King, Morgan Sanner, they're, Sanner, Voyer, there's, Gen, Zers, they'll, haven't, millennials, Lynn, she's Organizations: Service, Business School, Resource Solutions, American Staffing, Harris, Pew Research Center Locations: America

☆ Gen Z wants to prioritize staying healthy in 2024, new Instagram survey says—here's what else they care about
▼ + stars: | 2023-12-04 | by ( Renée Onque | ) www.cnbc.com time to read: +2 min

The wellness industry will probably continue to soar in 2024, as it did in 2023, especially with the help of Gen Z. In partnership with the Worth Global Style Network, a leading trend forecaster internationally, Instagram created a survey asking about the "topics, issues, and trends that matter to Gen Z," according to the platform's release for their 2024 Instagram Trend Talk. About 5,000 Gen Z participants responded to the survey across the U.S., U.K., India, South Korea and Brazil, according to Meta. Overall, growth seems to be a huge focus for Gen Z as we near the new year, and the ways they plan to get to where they want to be mostly fall within some realm of personal development. Whether it's improving their health, trying new things in work or simply manifesting more luck, Gen Z wants wellness to be at the center of their lives in 2024.

Persons: Instagram, Z, Gen Z, Warren Buffett Organizations: Worth, Meta Locations: U.S, India, South Korea, Brazil, here's

☆ Sue Wagner, Muffy MacMillan, and other big names denounce the enduring gender gap in funding during entrepreneurship summit for women
▼ + stars: | 2023-12-02 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

Sue Wagner and Muffy MacMillan were among an elite crowd at a women's entrepreneurship summit. The enduring gender gap in funding and a wave of anti-DEI bills were discussed. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWomen's Entrepreneurship Day Organization celebrated its 10th anniversary last month with a summit of women at the top of their games. She hosted the summit at the UN headquarters in Manhattan on November 17, two days before Women's Entrepreneurship Day.

Persons: Sue Wagner, Muffy MacMillan, —, Wendy Diamond Organizations: Service, Organization, UN Locations: Manhattan

John Kerry, President Joe Biden's climate envoy, is expected to announce at COP28 a global strategy in nuclear fusion. If it is produced using renewables like wind or solar power, as opposed to fossil fuel generated power, it is called green hydrogen. Governments and companies think green hydrogen could be a way to clean up hard-to-decarbonize industries like steel and cement-making and other industrial manufacturing. PwC said technologies like green hydrogen and reducing food waste have relatively high emissions reduction potential, but are receiving a small share of start-up investment. In 2023, green hydrogen got 3.9% of global climate-tech venture funding, while food waste got 0.7%, it said.

Persons: PwC, John Kerry, Joe Biden's, David Schatsky, Schatsky, Timothy Gardner, Richard Valdmanis, Diane Craft Organizations: International Energy Agency, Fusion Industry Association, FIA, Companies, Deloitte, Entrepreneurship, Reuters, Thomson Locations: Olfus, Iceland, Dubai, United States, Texas, Louisiana, Australia, China, Germany, Japan, U.S, ASIA, AFRICA, France, India, Asia, Africa

☆ Gen Z wants to retire early, but an expert who has helped people with money for 20 years says 3 things could stand in their way
▼ + stars: | 2023-12-01 | by ( Jennifer Streaks | Senior Personal Finance Reporter | Read More | ) www.businessinsider.com time to read: +4 min

Gen Z is the youngest generation in the workforce and many members want to retire early. Gen Z is in the workforce … and they are already looking for the exits. Gen Z is starting out with less money, more expenses, and higher costs." Here are a few issues Tisdale says Gen Zers could see impact their early timeline for retirement:1. What might help Gen Z reach their goal"It's important for Gen Z, since they are just getting started, to learn business basics and educate themselves on entrepreneurship, side hustles, and investing," Tisdale told Personal Finance Insider.

Persons: —, Gen Zers, Stacey Tisdale, Gen Z, Tisdale, Zers, Gen, Robinhood, Z Organizations: Service, Transamerica Center, Retirement Studies, Finance

☆ Explainer-Can Technology Solve the Global Climate Crisis?
▼ + stars: | 2023-12-01 | by ( Dec. | At P.M. | ) www.usnews.com time to read: +6 min

Persons: Timothy Gardner, PwC, John Kerry, Joe Biden's, David Schatsky, Schatsky, Richard Valdmanis, Diane Craft Organizations: Reuters, International Energy Agency, Fusion Industry Association, FIA, Companies, Deloitte, Entrepreneurship Locations: Dubai, United States, Texas, Louisiana, Australia, China, Germany, Japan, U.S, ASIA, AFRICA, France, India, Asia, Africa

☆ Your network is the key to your career, says the woman who heads up The Gender Index
▼ + stars: | 2023-12-01 | by ( ) www.cnbc.com time to read: +1 min

Jill Pay, chairman of The Gender Index and the first female Serjeant at Arms, said it was her self-belief that allowed her to get the prestigious job in the U.K.'s House of Commons. "The people who've taken me through this process who've interviewed me, who've invited me to come to this final interview, they believe I can do this job. And I went into the interview in that frame of mind, and I got the job," she told CNBC's Make It. After her retirement in 2012, Pay would go on to assume leadership roles in charities and organizations advocating for female entrepreneurship. She is now the chairman of The Gender Index, which tracks and analyses the number of female-led companies in the U.K.Watch the full interview to learn more about Jill Pay's biggest lessons.

Persons: Jill Pay, who've, CNBC's, Jill Pay's Organizations: Westminster

☆ 'The great wealth transfer' is here: Billionaires set to transfer trillions to their kids
▼ + stars: | 2023-11-30 | by ( Robert Frank | ) www.cnbc.com time to read: +3 min

It marked the first time in the nine-year history of the report that newly minted billionaires accumulated more wealth from inheritance than starting a business. "The great wealth transfer, which we've all been talking about for the last 10 years, is underway," said John Mathews, head of UBS' Private Wealth Management division. Their total wealth great by 9% -- from $11 trillion to $12 trillion. The great wealth transfer from billionaires and multi-millionaires will likely change the landscape in investing and wealth management, as well as spending and philanthropy. "The wealth management industry needs to focus on those industries that can help accelerate the ability to invest in these areas," Mathews said.

Persons: John Mathews, Jeff Bezos, Mathews Organizations: UBS Billionaire, UBS, Private Wealth Management, Amazon

☆ New billionaires getting rich via inheritance rather than entrepreneurship in 'great wealth transfer'
▼ + stars: | 2023-11-30 | by ( Sophie Kiderlin | In | ) www.cnbc.com time to read: +1 min

A new wave of billionaires acquired more wealth through inheritance than entrepreneurship during the last year as a "great wealth transfer" picks up steam, a new report by UBS found. Fifty-three heirs received a total of $150.8 billion, which is higher than the $140.7 billion brought in by 84 new self-made billionaires, the report shows. "The great wealth transfer is gaining significant momentum," Benjamin Cavalli, head of UBS global wealth management strategic clients, told reporters in a briefing on Wednesday. Overall billionaire wealth is recovering, with the number of billionaires being up by 7% in the 12 months to early April of 2023, the UBS analysis showed. Billionaire wealth rose by 9% in this time and ended at around $12 trillion in nominal terms.

Persons: Benjamin Cavalli Organizations: UBS Locations: South Dock, Wharf, London, United Kingdom

☆ I'm a student at NYU Stern. The school can be perceived as cutthroat and competitive, but I've found a supportive community.
▼ + stars: | 2023-11-30 | by ( Vincent Campanaro | ) www.businessinsider.com time to read: +6 min

I hesitated to enroll in NYU Stern because of its reputation for being cutthroat and competitive. AdvertisementChoosing New York University's Stern School of Business as my new home was not a decision I took lightly. I've discovered the reality at Stern contrasts sharply with the stereotypesContrary to popular belief, the stereotypes about Stern students are just that — stereotypes. AdvertisementStern is not a traditional college experience, but it's perfect for meMany people say the Stern experience is like getting your MBA as an undergrad. The school's hyperfocused approach, combined with the lack of a "traditional" college campus differentiates it starkly from a conventional college experience.

Persons: NYU Stern, —, University's, Stern, I've, résumés, they've, It's Organizations: NYU, Service, University's Stern School of Business, U.S . News, Stern Locations: Wall, Manhattan

☆ New billionaire heirs overtake self-made ones as $5.2 trillion wealth transfer begins
▼ + stars: | 2023-11-30 | by ( Hanna Ziady | ) edition.cnn.com time to read: +5 min

“The great wealth transfer is gaining significant momentum as many billionaire entrepreneurs age,” Benjamin Cavalli, who oversees strategic clients in the global wealth management unit at UBS, told reporters. Their combined wealth rose 9% to $12 trillion, before taking inflation into account. Arnault is the world’s third-richest man, with a net worth of $167 billion, according to the Bloomberg Billionaires Index. Risks and opportunity for UBSThe “staggering” transfer of wealth to younger generations presents a huge opportunity for UBS, but also poses considerable risks, according to Cavalli. Heirs lean more toward impact investing — that is, socially or environmentally beneficial investing — over “classic grant-giving philanthropy,” Cavalli said.

Persons: “, ” Benjamin Cavalli, LVMH's Bernard Arnault, Helene, Frederic, Delphine, Antoine, Alexandre, Bernard Arnault, Arnault, Tesla’s Elon Musk, Jeff Bezos —, —, India’s Gautam Adani, Mukesh Ambani, Cavalli, ”, Morgan Stanley —, Stefan Wermuth, ” Cavalli, Charlie Munger, Henry E Organizations: London CNN, UBS, Bloomberg, Adani Group, Reliance Industries, Suisse, Getty, ”, Berkshire Hathaway, Huntington Library, Art Locations: Paris, Europe, France

☆ Nashville's startup scene is booming. Here's why investors and founders are moving to 'Music City'
▼ + stars: | 2023-11-30 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +11 min

NASHVILLE, TENNESSEE - SEPTEMBER 1, 2019: Tourists visit the bars and country music venues in the Lower Broadway entertainment district in Nashville, Tennessee. As more investors and founders are flocking to explore Nashville's booming health care and technology scene, Shah said he gets recognized regularly. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty ImagesNicknamed "Music City," Nashville is chock-full of country singers and perpetually buzzing with live music. (Photo by Robert Alexander/Getty Images) Robert Alexander | Archive Photos | Getty ImagesNashville's health tech startup scene has also benefited from significant investment from local organizers and government officials. Eligible Nashville entrepreneurs can also become members of the Greater Nashville Technology Council and the Nashville Health Care Council.

Persons: Robert Alexander, Robin Shah, Shah, Pavlo Gonchar, Kyle Cooksey, Bill Frist, Cooksey, John Bass, Bass, Ellen Herlacher, Luke Benda, it's, Cerner, It's, Vanderbilt, Marcus Whitney, Whitney, Benda, Landon Gibbs, Gibbs, Raelyn Wilson, Wilson Organizations: Tourists, Broadway, Getty, Thyme, CNBC, Nashville, Nashville Health Care, Healthcare, HCA, Community Health Systems, Acadia Healthcare, Vanderbilt University, Vanderbilt University Medical Center, Belmont University, Meharry Medical, Monogram Health, Downtown, Istock, Amazon, Oracle, Bank, Greater Nashville Venture Capital Association, Center, Nashville Area, of Commerce, Force, Ventures, Greater, Greater Nashville Technology Council, Nashville Health Care Council, HCA Healthcare Locations: NASHVILLE , TENNESSEE, Nashville , Tennessee, Fort Lauderdale , Florida, Nashville, UKRAINE, U.S, Acadia, Downtown Nashville , Tennessee, Music City, Rocky, Colorado, Boston, Greater Nashville, Cumberland

☆ Billionaire heirs are getting richer than entrepreneurs as old money prevails amid IPO chill
▼ + stars: | 2023-11-30 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +3 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . As for American billionaires, heirs reported an average net worth of $2.2 billion, topping billionaire entrepreneurs by $700 million. The uber-wealthy have many tools at their disposal to bestow more money to heirs and pay less to the government. AdvertisementThese dynasties will likely compound their riches with more heirs caring about wealth preservation than philanthropic impact, according to UBS's survey. A similar percentage of first-generation billionaires listed wealth preservation as a main goal, but a higher proportion (68%) also chose philanthropy.

Persons: —, It's, IPOs Organizations: UBS, Service, Forbes Locations: Swiss

☆ A group of Black voters recently sounded off on Biden, Trump, and their feelings about Democrats. One voter said the party 'has forgot about the Black male.'
▼ + stars: | 2023-11-26 | by ( John L. Dorman | ) www.businessinsider.com time to read: +4 min

An a episode of NYT's "The Run-Up," Black voters discussed Biden, Trump, and the Democratic Party. Several Black voters expressed varying degrees of disappointment with the administration. One Black voter told The Times he perceives Democrats as empowering Black women over Black men. Many voters in group told Herndon that they largely backed Democrats due to a GOP agenda which they find intolerable. AdvertisementA Black male in the group, who said that the GOP espoused values of entrepreneurship that might attract some Black men to Trump next year, also spoke openly of how he felt that Democrats empowered Black women at the expense of Black men.

Persons: Trump, —, Joe Biden's, Biden, Donald Trump, Herndon, Kamala Harris, we've, Barack, Obama, Harris, they're Organizations: Biden, Democratic Party, Times, Service, Democratic, Black, New York Times, Trump, White, GOP Locations: Georgia , Michigan, Nevada, Pennsylvania, Siena, Black

WASHINGTON (AP) — Charles Peters, founding editor of The Washington Monthly and its editor-in-chief for three decades, died Thursday at age 96. In confirming his death in his Washington home, the journal reported that Peters had been in declining health for several years, mainly from congestive heart failure. He served as the magazine's editor from 1969 to 2000. The author and journalist James Fallows, who began his career at the magazine, told readers of Peters' death on the journal's website. “He matters in the ideals he has set for his country,” Fallows wrote.

Persons: — Charles Peters, Peters, James Fallows, ” Fallows, Beth Organizations: WASHINGTON, The Washington Monthly Locations: Washington, Charleston , West Virginia

The logo of Forbes magazine is seen on a board at the St. Petersburg International Economic Forum 2017 (SPIEF 2017) in St. Petersburg, Russia, June 1, 2017. REUTERS/Sergei Karpukhin/File Photo Acquire Licensing RightsNov 21 (Reuters) - Forbes' parent company has called off its acquisition by Luminar Technologies (LAZR.O) CEO Austin Russell, as the billionaire could not come up with the financing, an internal Forbes memo seen by Reuters on Tuesday showed. Forbes was valued at $475 million in 2014 when Integrated Whale Media bought a majority stake in the company from the Forbes family and investment group Elevation Partners. Chinese conglomerate HNA Group made an unsuccessful bid to acquire a majority stake in Forbes in 2017, Reuters reported at the time. Forbes, one of the oldest U.S. media outlets, publishes its eponymous flagship magazine, which reaches 5 million readers.

Persons: Sergei Karpukhin, Forbes, Austin Russell, Mike Federle, Dawn Chmielewski, Helen Coster, Akash Sriram, Maju Samuel, Richard Chang Organizations: Forbes, St ., Economic, REUTERS, Luminar Technologies, Reuters, Forbes Media, The, Integrated Whale Media, Partners, HNA Group, Thomson Locations: St, St . Petersburg, Russia, Russell's, U.S, Los Angeles, New York, Bengaluru

☆ Kevin O'Leary: How I handle family members who ask for money and the one rule I always enforce
▼ + stars: | 2023-11-20 | by ( Kevin O'Leary | As Told To Jenna Gyimesi | ) www.businessinsider.com time to read: +5 min

He says he's established a rule after many years of extended family coming to him for money. I've been asked countless times about what to do when family members come looking for money. For example, if a family member asks for $150,000 to start a restaurant, I'll give them a $50,000 gift that I never want back. I do this because expecting a family member to pay you back is a real issue. But if the family member tries to ask again, I remind them of our contract.

Persons: Kevin O'Leary, he's, —, I've, it's, they're, I'm, It's, you've Organizations: Service

☆ A financially independent entrepreneur says there's an overlooked but 'incredible opportunity' for young investors to buy businesses right now — and they're not as expensive to acquire as you may thin
▼ + stars: | 2023-11-19 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

He started with an "index-first strategy," he told Insider, and invested up to 80% of his earnings into low-cost index funds in the early 2010s. While index funds are ultimately what catapulted him to financial independence in the first place, he wouldn't necessarily go that route if he had to start from scratch today. "I'm still very pro low-cost index funds for almost everyone," he said. Lower returns mean index funds won't grow as much, and investors potentially have to save and contribute more to hit their goals. "I think business ownership is really where it's going to be for the next 10 to 20 years."

Persons: Grant Sabatier's, Sabatier, Charlie Munger, you've, boomer Organizations: Business, Fidelity, Federal Reserve, FedEx, SBA, Chase, Bank of America Locations: Morningstar

REUTERS/Thomas Peter/File Photo Acquire Licensing RightsSHANGHAI/PARIS, Nov 17 (Reuters) - The world's biggest luxury brands seeking growth in their second-largest market China are all courting the likes of wealthy entrepreneur Diana Wang. "Luxury brands offer you this event experience, this personal experience and it makes you feel privileged," Wang told Reuters. This week, Burberry (BRBY.L) also flagged low double-digit growth due to a slowdown in luxury spending globally, and in China. FEEDING THE LUXURY HABITEven as they narrow their focus, luxury brands remain optimistic about the potential in China, which is forecast to account for almost 40% of global luxury sales by 2030, according to consultants Bain. Luxury consultant Mario Ortelli said several luxury firms are hedging their bets on China by also expanding their global footprint.

Persons: Thomas Peter, Diana Wang, Wang, Tiffany, Chopard, Jacques Roizen, Cartier, Richemont, It's, Jean, Marc Duplaix, Versace, Donatella Versace, Gucci, Chanel, Dior, Cyrille Vigneron, LVMH, Louis Vuitton, Bain, Eric du Halgouet, Birkin, Mario Ortelli, Ortelli, it's, Mimosa Spencer, Casey Hall, Miral Organizations: Tiffany, REUTERS, Rights, Reuters, Burberry, HSBC, Digital Luxury, Chanel, Shanghai, Capri Holdings, Tapestry, Bund, Thomson Locations: Beijing, China, PARIS, Shanghai, Cartier, Shenzhen, South Korea, Japan, Thailand

☆ How an Indian startup hacked the world
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +41 min

The Indian company hacked on an industrial scale, stealing data from political leaders, international executives, prominent attorneys and more. Run by a pair of brothers, Rajat and Anuj Khare, the company began as a small Indian educational startup. The Indian company hacked on an industrial scale, stealing data from political leaders, international executives, sports figures and more. Back in 2012, Kristi Rogers was an executive at Aegis, a London-based security company. Canadian security company GardaWorld, which acquired Aegis in 2015, said it had no information on the incident.

Persons: Chuck Randall, Randall, “, ” Randall, ”, Randall’s inbox, Appin, Rajat, Anuj Khare, Rajat Khare’s, Clare Locke, Khare “, Khare, ” Clare Locke, Ted Kaczynski, Anuj, who’ve, SentinelOne, Tom Hegel, Appin “, Hegel, Mandiant, ” Hegel, Shane Huntley, ” Huntley, Google’s Huntley, ‘, Jochi Gómez, Gómez, Halevi, Tamir Mor, Russian oligarch Boris Berezovsky, Mohamed Azmin Ali, ” Mor, Berezovsky, Azmin, Mor, Roman Abramovich, Mark Hastings, Hastings, didn’t, Jim H, ” Jim H, Jim H’s, Kristi Rogers, Mike Rogers, he’s, Global’s, sully, Rogers, Damian Perl, – “, Steven Santarpia, ” Santarpia, Santarpia, Leonel Fernández, ” Fernández, Rajat Khare, “ Let’s, Ministry of Home Affairs didn’t, Peter Hargitay, Stevie, Billing, ” Stevie, ’, ” Peter Hargitay, Mookhey, Norman Shark, Jonathan Camp, Shark, Camp, Norman, Dominican Republic –, Dan Brady, Sandra Schweingruber, ” Schweingruber, Schweingruber, Brady, ” Gómez, –, ” –, Anna Carter, Mark Califano, ” Rajat Khare’s, India’s, Educomp, Karen Hunter, Hunter, Bryan, Rajat’s, Vijay Kumar, Deepak Kumar, Kumar, ACSG, Jay Solomon, Solomon, ” Rebsec’s, Vishavdeep Singh, Rebsec, CyberRoot, Sumit Gupta, Gupta, Raphael Satter, Zeba Siddiqui, Christopher Bing, Ryan McNeill, Corinne Perkins, John Emerson, Marla Dickerson Organizations: Reuters, Google, Harvard University, U.S, Symantec, Appin, Caribbean, El, Israeli Defense Forces, Commando, Quillon Law, U.S . House Intelligence, The Michigan Republican, U.S . Senate, Aegis, Global Security, Security, Rogers, Army Corps of Engineers, Rotary, Aegis ’, Global, ” Reuters, Britain’s, Appin Software Security, Ltd, Appin Security, –, Research, Analysis, Intelligence Bureau, Indian, India’s Ministry of Home Affairs, India’s Ministry of Defense, of Home Affairs, Central Bureau of Investigation, CBI, Federal Bureau of Investigation, Ministry of Home Affairs, Telenor, Broadcom, FBI, Dominican, Criminal Investigation Service, Appin Security Group, CERT, country’s, Bureau of Investigation, Educomp, State Bank of India, State Bank, The National Security Agency, NSA, U.S ., Swiss, Appin Technology, India’s Ministry, Corporate Affairs, Control Security Global, Technology, Kumar, Facebook, Meta, BellTroX, Services, Street, New, Rebsec, BellTroX’s, Hire Locations: Long, New Delhi, India, Yorker, Paris, Swiss, cybersecurity, Appin, Dominican, California, “, Dominican Republic, El Siglo, United States, Britain, Switzerland, New York, French, New Jersey, Israel, Russian, Malaysian, London, Rwandan, Virginia, Canadian, Chuck@shinnecock.org, Texas, Indian, India’s Punjab, Pakistan, Zurich, Australia, Norway, Oslo, Brady, Former, ”, U.S, Islip, Shinnecock, Washington, cyberespionage

☆ These 3 ‘extreme’ parenting tactics actually work, says expert who interviewed 70 parents of highly successful adults
▼ + stars: | 2023-11-15 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

That's according to parenting expert Margot Machol Bisnow, who interviewed the parents of 70 highly accomplished adults for her 2022 book, "Raising an Entrepreneur: How to Help Your Children Achieve Their Dreams." "Every single one of these 'extreme' things the parents are doing is they're listening to their child. In contrast, the parents Bisnow interviewed displayed enough open-mindedness and trust to help their children develop independence, confidence and skills that proved useful for their future careers, she says. "What's sort of sad to me is, this shouldn't be extreme parenting," says Bisnow. Here are three examples of "extreme" parenting decisions that actually worked, according to Bisnow and the parents she interviewed.

Persons: Margot Machol Bisnow, Bisnow, John M, Chu's, Simon Isaacs, Isaacs Organizations: CNBC, Middlebury College, U.S . Olympic Locations: San Francisco, Colorado

☆ Ruth Simon — Senior special writer at The Wall Street Journal
▼ + stars: | 2023-11-14 | by ( Ruth Simon | ) www.wsj.com time to read: +1 min

Ruth SimonRuth Simon is a New York-based reporter for The Wall Street Journal, where she covers small business and entrepreneurship. She has previously covered consumer lending, mortgages and housing, and reported for WSJ's Personal Journal and Money & Investing sections. Ms. Simon won a 2019 Best in Business Award from the Society of American Business Editors and Writers for her coverage of the impact of the labor squeeze on small business. She was part of a WSJ team that received a 2021 New York Press Club award for spot news coverage of the Paycheck Protection Program rollout. In 1995, she won the Award for Excellence in Financial Writing from the New York State Society of Certified Public Accountants.

Persons: Ruth Simon Ruth Simon, Simon, Gerald Loeb, Loeb, ” Organizations: Wall Street, Society of American Business, Writers, WSJ, New York Press, Money, Forbes Magazine, Distinguished Business, Financial, National Press Foundation, New York Newspaper Publishers Association, New York State Society of Certified Public Accountants, New York City, Society of Professional Journalists, Finance Locations: New York

☆ AI is going to force millions of workers to train for new jobs. The US has historically been terrible at this.
▼ + stars: | 2023-11-14 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +7 min

Experts say many of those workers will need to be retrained for new jobs to avoid being left behind. The US economy has struggled in recent decades to help workers adjust to job disruptions. Emerging generative AI technologies like ChatGPT could eliminate or change the nature of millions of jobs over the next decade. AdvertisementWhen Donald Trump promised to bring back manufacturing jobs before the 2016 election, he was speaking to the Americans who had been left in the lurch. But many overseas jobs aren't likely to return anytime soon, among the reasons job retraining was — and remains — necessary for impacted workers.

Persons: —, Richard Baldwin, Seth Carpenter, Morgan Stanley, hasn't, Donald Trump, Michael Chui, Chui, Ethan Mollick Organizations: Service, Global, Economic, Institute, McKinsey Global Institute, University of Pennsylvania's Wharton School, PricewaterhouseCoopers, IBM, Schools Locations: United States, Mexico

☆ How Afrilabs is powering Africa’s tech revolution through community
▼ + stars: | 2023-11-10 | by ( Stephanie Busari | ) edition.cnn.com time to read: +6 min

Kigali, Rwanda CNN —For over a decade, AfriLabs has been at the forefront of cultivating a vibrant tech ecosystem across the African continent. The annual AfriLabs Gathering, held in Kigali, Rwanda, is a testament to its commitment to uniting the African tech community. AfriLabs has been at the forefront of cultivating a vibrant tech ecosystem across the African continent. With a trailblazing woman at its helm, Afrilabs addresses the gender gap in the tech industry, recognizing that the African tech landscape remains predominantly male-dominated. Its participation in the Nigeria Startup Act and the ongoing Nigeria Startup Act State Adoption program showcases commitment to driving conversations and effecting change, says Guobadia.

Persons: AfriLabs, Anna Ekeledo, Ekeledo, ”, “ We’ve, Afrilabs, ” Ekeledo, Oswald Osaretin Guobadia, … Organizations: Rwanda CNN, Consultancy, McKinsey, Company, Algeria Venture, Builder.ai, AfriLabs, Visa Foundation, Business Angel Network, CNN, Nigeria Startup Locations: Kigali, Rwanda, Africa, North Africa, Afrilabs, DigitA, Abuja, Nigeria, “

☆ Inside Goldman Sachs' exclusive training program for HBCU students that can result in $1 million in prize money and a prestigious job
▼ + stars: | 2023-11-08 | by ( Emmalyse Brownstein | ) www.businessinsider.com time to read: +11 min

Goldman Sachs has done this program each year since. How does the program work? All finalist teams on stage at the 2023 competition at Goldman Sachs' headquarters. "Something that we look for in all candidates at Goldman Sachs: What is your innovative and creative spirit?" Megan Hogan of Goldman Sachs courtesy of Goldman SachsWhat's the formula for success once accepted?

Persons: Taylor Weekes, That's, Weekes, Goldman Sachs, Goldman, —, who's, Zachariah Smith, Megan Hogan, David Solomon, Proctor, Hogan, you've, Smith, hadn't, " Smith, they've, it's Organizations: Howard University, Morehouse College, Alcorn State University Delaware State University Fisk University Florida A, M University Hampton University Howard University Morehouse College Morgan State University North Carolina, T, Prairie View, M University Spelman College Texas Southern University, Goldman, Gamble, L'Oreal, Pepsi, Wall Street, Wall, Black Locations: York, we're

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