Millennials are ditching giant hubs like New York City and San Francisco and looking to shack up elsewhere.

Rapid economic growth plays a key part in what makes up-and-coming cities attractive potential landing spots. WalletHub recently analyzed 515 US cities to identify the locales that experienced the highest levels of economic growth over the last seven years.

A company could spend all the money it wants recruiting, interviewing, and hiring the best people around. But if the boss is a jerk, those people will leave the first chance they get.

In contrast, if you have great managers and team leads, not only will you get the best out of your people, but they'll also be more likely to stick around.

For over 10 years, Google has conducted research under the code name Project Oxygen. The goal? Figuring out what makes the perfect manager, so it could train its leaders to develop those behaviors. The research has paid off, as over the years Google has seen marked improvement in employee turnover, satisfaction, and performance.

Patrick Mahomes' brilliance is no secret.

On Sunday, the 24-year-old Mahomes led the Kansas City Chiefs on yet another postseason comeback, erasing a 10-point deficit in the final eight minutes of Super Bowl LIV to defeat the San Francisco 49ers and bring the Kansas City faithful their first championship in 50 years.

The title capped a brilliant three-year introduction to the NFL for Mahomes, who went from a relatively unknown backup to Alex Smith to the best quarterback in football.

Image: https://en.wikipedia.org/wiki/Patrick_Mahomes#/media/File:Patrick_Mahomes_II.JPG

America strives to be an inclusive nation. Americans frequently celebrate the country's vast diversity, such as throughout Black History Month in February and Diversity Month in April.   

One of the ways America shows its diverse culture is in the sheer number of languages spoken by the country's people. This map shows which languages other than English and Spanish are the most common in each state and Washington, DC.

When capital is overflowing, aspiring founders evaluate the value of a startup accelerator and whether it will move them closer to their goal or waste their time and equity. From my perspective, it depends on the mindset of the team.

The first time our company applied to an accelerator, we were rejected. Although our team had a deep background in chat and messaging technologies, we were building a consumer product with a team of Korean dads and single men trying to market a social media platform to moms in the U.S. and Korea.

We recently hosted a webinar with NVCA, Silicon Valley Bank and Carta to look at the findings from the Q4 2019 PitchBook-NVCA Venture Monitor and discuss what lies ahead for venture capital in 2020.

Along with diving into the latest in fundraising, deal flow and exit activity, our expert panelists talked about several other key trends.

Image: https://pitchbook.com

Given the high risk and unpredictability of markets and trends, having a strong “why” can help you weather the ups and downs throughout the years of a company’s journey. And with the decade-ish wait for returns and liquidity on a typical angel investment, that motivation should primarily be to support the entrepreneur community, not just make the most money.

Image: Josh Kopelman. (Courtesy photo)

University officials like to talk about how they help to educate and inspire new entrepreneurs (at least to some people, anyway; they’d never bring that up in front of the social-justice crowd), but is it more than just talk? In today’s Martin Center article, Zak Slayback argues that it isn’t.

He writes: “Universities don’t specialize in entrepreneurship, even if they create majors and centers devoted to it. In the best cases, they work as honeypots where entrepreneurship is a function of smart people being near other smart people.

These are the world’s 10 most competitive economies based upon the rankings from the Global Competitiveness Report, 2019

The U.S. Chamber International IP Index benchmarks the IP framework in 53 global markets, representing over 90% of global GDP. The IP Index evaluates the ecosystem in each economy across 50 unique indicators which industry believes represent economies with the most effective IP systems. The IP Index serves as a roadmap for policymakers who seek to support innovation, creativity, and economic growth through more robust IP policy.

Image: https://www.uschamber.com

What story will people tell about your organization over the next ten years? Will they celebrate an enthusiastic innovator that thrived by adapting workforce skills and ways of working to the demands of the new economy? Or will they blame poor financial or operational results, unhappy employees, and community disruption on a short-sighted or delayed talent strategy?

BOSTON—Engineers working at a startup near touristy Faneuil Hall Marketplace are building chips that use laser beams instead of electrical signals to run artificial-intelligence applications 10 times faster than today’s most advanced AI computer chips, using one-tenth of the energy.

Founded in 2017 and backed by $33 million in venture-capital funding, Lightmatter Inc. is among dozens of companies gaining interest from investors and corporations because of their novel approaches to computing. They are using light, quantum physics, molecular biology and new design methods to build chips and create data-storage techniques for future computing demands.

Image: Boston-based startup Catalog Technologies Inc. recently showed it could store 14 gigabytes of data from Wikipedia in DNA molecules, which look like a few drops of water in a test tube. PHOTO: SARA CASTELLANOS / THE WALL STREET JOURNAL

Although family members are often committed to the business, they sometimes lack the skills and fortitude necessary to maintain it across generations. In response, family firms are increasingly hiring non-family employees to help their businesses survive and grow. However, family firms face a challenge in this regard as they generally offer lower compensation, extend fewer opportunities for advancement or skill development, and have policies and cultures that treat non-family members differently than family members. For these reasons, family businesses frequently suffer from a human capital deficit. Therefore, a pressing question is how can family businesses attract quality non-family employees?

Life sciences and biotechnology business ventures in Southeastern North Carolina could get a boost through a new competition launched Tuesday by the N.C. Biotechnology Center Southeastern Office, in partnership with UNCW's CIE.

Entrepreneurs and companies can now apply for the NC BIONEER Venture Challenge, which aims to "raise the profile, increase the volume, and enhance the success of life science commercialization, entrepreneurs, and companies in the region,” according to the venture challenge website.

The application period runs through Feb. 28.

Across life sciences, a certain posture toward IT has prevailed for years: “IT doesn’t provide our business with a competitive advantage, only basic capabilities. We should therefore minimize IT expenses while maintaining an acceptable level of performance.” Budgets are aligned to plans a year in advance, and IT is regarded as a cost center. Since IT is charged to build the technology that the business asks for, it requires teams of analysts to sit between the business and developers to translate business concepts into the language of technology.

Merck & Co. Inc. unveiled plans Wednesday to spin off products from its women’s health and biosimilars businesses, along with certain legacy brands, into a new independent and publicly traded company.

Going forward, Merck (NYSE: MRK) will focus on its oncology, vaccines, hospital medicine and animal health segments.

Merck expects the spinoff to be completed by the first half of 2021. The pharmaceutical giant anticipates cost savings of more than $1.5 billion — primarily in areas such as manufacturing and sales staff costs — by 2024. In addition, Merck said by continuing to increase investments in its key growth drivers and pipeline assets, it is targeting operating margins to grow to more than 40% in 2024.

Image: Merck's West Point plant in Montgomery County. JOHN GEORGE

Johns Hopkins senior scholar Dr. Amesh Adalja told CNBC on Tuesday that the new coronavirus will likely cause yearly outbreaks, with most of the cases being mild.

“It’s going to become a part of our seasonal respiratory virus family that causes disease,” Adalja said on “Squawk Box.”

However, he expects the current outbreak to turn into a mild pandemic and spread further in the United States. Currently, there’s only 11 confirmed U.S. cases, according to the Centers for Disease Control and Prevention.

Image: https://www.cnbc.com

With an enduring reputation for political neutrality, a peaceful civil life and prime luxury goods, Switzerland once again has topped a list ranking the best countries in the world.

The central European nation with a population of just 8.5 million is basking in its fourth year at the No. 1 spot in the U.S. News & World Report 2020 Best Countries rankings. Started five years ago, the rankings measure global perceptions of 73 nations chosen because they contribute most to the world’s GDP. More than 21,000 people around the world are asked to evaluate the countries based on 65 metrics ranging from stability to transparency to equality.

In December 2003, to commemorate the 100th anniversary of the first flight of the Wright brothers, the New York Times ran a story entitled “Staying Aloft; What Does Keep Them Up There?” The point of the piece was a simple question: What keeps planes in the air? To answer it, the Times turned to John D. Anderson, Jr., curator of aerodynamics at the National Air and Space Museum and author of several textbooks in the field.

An angel investor (also known as a private investor, seed investor or angel funder) is a high net worth individual who provides financial backing for small startups or entrepreneurs, typically in exchange for ownership equity in the company. Often, angel investors are found among an entrepreneur's family and friends. The funds that angel investors provide may be a one-time investment to help the business get off the ground or an ongoing injection to support and carry the company through its difficult early stages.

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