Brexit: Britain’s Withdrawal from the European Union Sends Shockwaves Through the Financial World

A poster supporting Brexit from the European Union in Belfast, Northern Ireland. It notes that funds being spent on the EU could be used at home in the UK. Photo from Wikimedia Commons.

A poster supporting Brexit from the European Union in Belfast, Northern Ireland. It notes that funds being spent on the EU could be used at home in the UK. Photo from Wikimedia Commons.

Few believed that they would actually go through with it. But last Thursday, British voters chose to become the first nation to leave the 28-member European Union in a referendum that many believe will have worldwide repercussions. The results are already visible on financial markets, with sharp declines on Friday and Monday.

Since the end of World War II, integration has transformed the once-warring nations of the European continent into the world’s largest free-trade area. In 1999, the European Union (EU) debuted the euro currency, which quickly became one of the world’s leading currencies and, many believed, a prototype for regional unions in other parts of the world.

Yet on June 23, voters in Britain dealt a severe blow to the EU and globalization generally, when nearly 52% of the electorate there voted to leave the union. The next day, stock markets around the world fell as much as 8%, while British Prime Minister David Cameron chose to resign rather than lead his country in an unprecedented exit from the regional bloc.

The Roots of Brexit

When the predecessor organizations of the EU formed in the 1950s, Britain was not part of the European unity movement. It was not until 1973 that Prime Minister Edward Heath took the UK into the union.

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Seven Tips to Acing Video Interviews and Getting the Job

laptop-video-conferencingVideo conferencing platforms such as Skype offer the ability to speak with people around town or around the world from the comfort of your own home or office. It is a great tool for job or informational interviews. Here are seven tips on how to maximize virtual meetings as a career tool.

Video conferencing platforms such as Skype and Google Hangouts are great tools for job interviewing – they let you speak with professionals from around the world and often make interviews easier to arrange, since meetings can occur amid people’s everyday activities, wherever they are in the world. Yet users need to be aware of the unique concerns of virtual interviewing.

Following are seven tips to maximize your virtual meeting, based on information from Kuru.com and TheMuse.

  1. Pick a Good Location

An interview shouldn’t be held in your clutter-filled garage or your messy bedroom. Find a view that will exude confidence and professionalism and won’t distract from the interview. Make sure the area behind you is uncluttered and clean because this will be a clear focal point of the people interviewing you and you don’t want any distractions.  Choose a well-lit area where plenty of light hits both the wall behind you and your face, avoiding any shadows.  Definitely pick somewhere quiet to avoid any unwanted noise.

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Eight Things to Do in Orange County This Summer

Almost every city in Orange County offers a Fourth of July event featuring fireworks and an afternoon fair. Photo from Pixabay.

Almost every city in Orange County offers a Fourth of July event featuring fireworks and an afternoon fair. Photo from Pixabay.

Class is out and the weather is hot, but the dog days of summer need not be boring. There are plenty of fun things to do in Orange County.

Looking for a fun and low-cost way to spend an afternoon or evening this summer? Check out these eight events within an hour of campus.

Fullerton Market

Now through Oct. 27, Downtown Fullerton hosts the Fullerton Market each Thursday evening from 4 to 8:30 p.m. Enjoy live music, international food vendors, arts and crafts, locally-grown produce and a beer garden.

Little Saigon Night Market

Immerse yourself in Vietnamese culture at the sixth annual Little Saigon Night Market at the Asian Garden Mall in Westminster. The market is open from 7 to 11 p.m. on Fridays, Saturdays and Sundays now through Sept. 4 and will feature authentic Southeast Asian foods and crafts. Last year, as many as 3,000 people attended each evening.

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Mihaylo MBA Grad’s Mobile Sleep Pod Startup Helps Professionals Recharge

The first Nappify mobile trailer opens at Santa Ana College during spring semester examinations this year. Photo from Nappify.

The first Nappify mobile trailer opens at Santa Ana College during spring semester examinations this year. Photo from Nappify.

How can workers retain their productivity during long work days? Mihaylo MBA alumnus Kevin Pham ’12 believes a power nap is key to improving work performance. He has launched NappifyTM, a mobile sleeping-pod business to enable employees or students to take naps amidst their work shifts or studies. He plans to bring the trailer to campus in early fall.

According to the Centers for Disease Control and Prevention (CDC), sleep inefficiency is a major public health problem. Work schedules and 24/7 access to technology are major hindrances to working adults achieving the full eight hours of rest recommended for each day. Nearly 30% of adults report getting less than six hours of sleep per day in the National Health Interview Survey. The consequences can be serious: Lower work performance and even falling asleep on the job, including while using machinery or driving, impacts one in three workers.

While many workers have turned to energy drinks as a solution, studies have found that such beverages can raise blood pressure and provide only a temporary boost of energy at best.

Introducing Nappify

Mihaylo MBA alumnus Kevin Pham ’12 recognized the need for rested workers as an innovative business concept. In 2014, he founded Nappify with $100,000 crowdfunded chiefly from friends and family. The startup involves mobile nap pods in a modified trailer that includes a lobby and four air conditioned soundproof sleeping pods. Nap sessions of 45 minutes cost $13 for employees and $7 for college students. Pham plans to bring the trailer to Cal State Fullerton early in the fall semester.

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Where Do Business Students Get Their News?

Web, social media, blogs, TV, radio and print are just some of the news sources available to today’s business students. Studies show that students rely on digital media, including social networks, yet traditional journalism sources are not dead. Image from Pixabay.

Web, social media, blogs, TV, radio and print are just some of the news sources available to today’s business students. Studies show that students rely on digital media, including social networks, yet traditional journalism sources are not dead. Image from Pixabay.

Today’s economy is constantly changing, and there is an unprecedented array of news sources available to monitor developments. What news sources capture the attention of business students? What sources provide the most accurate and dependable content?

Business students have to digest a lot of news to stay abreast of the latest developments in the global economy: the latest trends in marketing, the performance of the stock market, the newest revolutions in information technology, and, of course, keeping up with the top memes and Snapchat stories.

Meeting the challenge are a dizzying array of news sources, including the digital and traditional content of media giants such as CNN or The New York Times, trade publications and Web 2.0 content, such as social media and blogs, which according to Technorati account for several million posts daily.

News Habits of Marketing Students

To better understand the media habits of business students, the education consulting firm Southwark Consulting surveyed 130 marketing students at the University of Delaware in 2014. Not surprisingly, they found that mobile devices are the most commonly accessed Internet-enabled devices.

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