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Avoid these 4 mistakes when apologizing

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Apologies are something we love to receive and hate to give. And especially as a leader, they are tough. They require a great deal of humility, which challenge your pride and ego. They are an open admission of failure and ...

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Business news roundup

Find out the best day of the week to get gasoline. USA TODAY > Walmart is planning to add more robots to its stores. Learn why. CNN BUSINESS > Feeling overwhelmed can make business owners despise the thing they built ...

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A number to know: Increasing wages

$20 The minimum hourly wage that Bank of America intends to pay its employees, with wage increases coming over the next two years. The bank plans to raise its minimum wage to $17 on May 1. READ MORE AT CNBC ...

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Don’t count out direct mail for your marketing

A recent blog post at the Small Business Administration suggests your business may benefit from using direct mail to market to consumers. Direct mail? Even as the world is going digital? Yes, for a number of reasons, the author of ...

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Report: All minority groups grew in buying power, but not at equal rates

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All racial and ethnic minority groups are making financial gains, according to a new report from the University of Georgia. This year’s Multicultural Economy Report from the Selig Center for Economic Growth, part of the University’s business school, says the ...

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Popular social media channels for small business

Popular social media channels for Small business BetterSMB A recent blog post at the Small Business Administration takes a look at eight social media channels that your business could use for promotion. Noting that nearly 3 billion people around the ...

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A number to know: Making money with ideas

$10 million Expected 2019 revenue for Vericool, a packaging insulation company created by a former gang member who wants his product to replace polystyrene foam. (The company has a $40 million order backlog.)

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Business news roundup

Read some tips to consider before joining an office lottery pool.  USA TODAY > Apple is working with Goldman Sachs and Mastercard on a new credit card. CNBC > McDonald’s bought a tech company for $300 million. Find out what ...

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Is micromanagement a leadership style?

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Is micromanagement a leadership style? The word is often used as a way to describe attention to minute details by a manager, and people subjected to micromanagement often view it negatively. New research from Roshni Raveendhran, a professor at University ...

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Make your business’ marketing more inclusive

A recent blog post at the Small Business Administration notes that you might be pushing some potential customers away if your marketing imagery doesn’t reflect them. America is more than 18 percent Hispanic, more than 12 percent black, nearly 6 ...

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A number to know: Building a payments giant

$35 billion The amount that Fidelity National Information Services will spend, in cash and stock, to acquire Worldpay Inc. READ MORE AT THE WALL STREET JOURNAL >

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Business news roundup

As Lyft makes its appeal to investors before its IPO, it’s taking a subtle swipe at Uber.  CNBC > Middle-class homeowners who live in high-tax areas are feeling the sting from the Tax Cuts and Jobs Act CBS NEWS > ...

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Study: Overconfident people more likely to make bad crowdfunding investments

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Do you believe in yourself? If so, you may want to think twice before investing in crowdfunded ventures. New research from Indiana University’s Kelley School of Business shows that people who overestimate their talent at investing are three times more ...

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A number to know: Oprah’s investment loss

$58 million Oprah Winfrey lost nearly $58 million on paper from her investment in Weight Watchers International Wednesday morning as the company’s stock fell more than 36 percent. READ MORE AT USA TODAY >

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