JPMorgan Chase Plunks Down $2 Million to Fight Racism after Charlottesville

JPMorgan Chase announced it is donating $2 million to organizations that fight hate and intolerance after white supremacists descended upon Charlottesville, Virginia, in protest against the dismantling of a Confederate statue.

In an emailed press release, the company states that $1 million would be split between the Southern Poverty Law Center (SPLC) and the Anti-Defamation League (ADL). Next month, a two-for-one employee donation match up to $1 million will also be given to various social justice and civil rights organizations. read more

Teen Tech Author, Sasha Alston, Globally Inspires Girls to Code

Rosa Parks once said, “Each person must live their life as a model for others.” When 19-year-old tech-savvy scholar and activist, Sasha Ariel Alston, considered how she could use her life, skill set, and knowledge to serve as a model for others to be inspired and courageous, she didn’t hesitate to move forward and put her confidence to the test. After completing six business-tech related internships, entering college as a STEM major, and writing and publishing her first book project, Alston now knows how to be an empowerment model for others. read more

Mark Zuckerberg Announces Woman of Color as New CFO of Chan Zuckerberg Initiative

Mark Zuckerberg announced via his Facebook page that Peggy Abkemeier Alford has been appointed the chief financial officer for the Chan Zuckerberg Initiative.

(Peggy Abkemeier Alford, far right. Image: Facebook/Mark Zuckerberg)

 

Zuckerberg wrote that he was “excited” to welcome Abkemeier Alford and also discussed the challenges of running the initiative:

One of the biggest challenges running a large philanthropic initiative is measuring results and deciding how to invest capital across different disciplines. For example, how do we know whether we’ll have a greater impact investing more into personalized learning to help students today, or long term science research that could cure diseases in the future, or advocacy for important issues like immigration reform? read more

Remembering Dick Gregory: Comedian, Activist, and Entrepreneur

Iconic comedian and activist Dick Gregory passed away on Saturday at the age of 84. Beginning his career in 1953, Dick Gregory used his comedy to convey his political ideals to white and black audiences alike.

(Dick Gregory. Image: Wikimedia/Library of Congress. New York World-Telegram & Sun Collection)

 

For instance, he spoke for two uninterrupted hours at “Freedom Day” in 1963, which was a rally to drive black voter registration. He also unsuccessfully ran for president of the United States in 1968 as a write-in candidate. read more

Meet the 2017 BE Modern Men: Week 3

Rae Holliday of the 2017 BE Modern Men

Did you miss any of our third week of BE Modern Men for 2017? 

This year’s 100 Men of Distinction prove their perseverance, sharing how they’ve turned struggle into success. Our third set of 10 honorees starts with digital guru Rae Holliday and also includes a band director, a sports agent, a Hollywood executive, and a wealth manager.

BE Modern Man Rae Holliday Rae Holliday (Photo by James Anthony)

 

Meet ‘The Content Genius’ Rae Holliday

Digital Producer & Editor

“About five years ago I found myself at an awful crossroad. Because of the mismanagement of my personal funds and after being laid off from my last corporate job (ever), I found myself broke and on the brink of homelessness. Weeks away from eviction, I needed to turn things around pretty quickly. With prayer and determination, I used my struggle to propel my motivation to not only never be in that position again, but to inspire others who may be in the midst of a struggle they need help getting out of mentally.” read more

Morgan State University Joins Global Partnership

Morgan State University recently announced that it’s been designated “an official institutional global research partner for civic engagement, innovation, and sustainable development in Africa and the African diaspora at the second biennial Africa Open Data Conference (#AODC17)” held in Accra, Ghana, last month.

(MSU’s Dr. Umaru Bah, left, and Dr. Yacob Astatke at the 2017 Africa Open Data Conference. Image: Courtesy of Morgan State University)

 

“Open data” is a critical component of “big data”—the very large data sets that can be analyzed to reveal patterns and trends. “Open data is globally accessible and is often used in conjunction with online open platforms and open source codes to design viable solutions for civic engagement and sustainable development across all fields and works of life, including health, education, agriculture, nutrition, investigative journalism, architecture, transportation, engineering, leadership, gender equality and social justice,” according to a statement from the university. read more

Black Men XCEL: BE Education Editor Celebrates An Uncle’s Intellect

Robin White Goode on Black Men XCEL

In recognition of our very first Black Men XCEL Summit, celebrating the best of black male achievement, the Black Enterprise staff is sharing their stories of the men who’ve had an extraordinary impact in their own lives…

Robin White Goode on Black Men XCEL Black Enterprise Education Editor Robin White Goode (Photo by Seimond London)

 

Who is the man in your life who’s inspired you to excel?

Besides my father, that would be my Uncle Herby, my father’s oldest brother and also my godfather. He was a brilliant man who earned a Ph.D. in psychology in the ’70s and taught at Fairleigh Dickinson University. He was and is the most intellectual man I’ve ever known. To this day he is the person I measure other smart, accomplished people against, and no one else has matched my Uncle Herby. I don’t think that’s just my hero worship of him either; he was truly a thoughtful and humane and deeply intellectual man. He was a man who read to his children and who took a genuine interest in his younger siblings (he was the oldest of five) and their families. He continues to be very much a kind of lodestar for me. If he were alive today, he’d be 97. read more

8-Year-Old Nia Mya Reese Writes Best-Selling Book About Her ‘Annoying’ Brother

Nia Mya Reese

At just 8 years old, Nia Mya Reese has officially become a best-selling author, which is no easy feat for an adult, let alone a child.

Reese, a third-grader from Birmingham, Alabama, was inspired to pen a book when her first-grade teacher asked her class to write about a topic within their realm of expertise. Being confident in her ability to take care for her younger brother, Reese decided to offer advice on how to be a good older sibling. Entitled “How To Deal With and Care For Your Annoying Little Brother,” the book encourages siblings to practice love, patience, and kindness. read more

45 Great Moments in Black Business – No. 32: Black-Owned Investment Bank Smashes Multibillion-Dollar Corporate Finance Barrier

For the 45th Anniversary of the BE 100s—the nation’s largest black-owned businesses—we share 45 milestone events that have had widespread impact on black economic development and American industry across four decades. This tribute salutes the iconic companies and CEOs found on BE’s annual list of the largest black-owned companies.

Today we reveal No. 32 in the web series “Great Moments in Black Business.” 

1992: Utendahl Capital Partners is launched, engaging in partnership with Merrill Lynch, giving the bulge-bracket firm a 25% equity stake for $3 million in capital and a $9.9 million line of credit. The arrangement ushers in a second generation of black investment banks that gain access to corporate bond and equity transactions. read more

7 Leading Companies Combating Racism Post Charlottesville

Charlottesville

President Donald Trump may have failed the American people in his response to the racially charged violence in Charlottesville, Virginia, that ended the life of an anti-racism protester, but that has not stopped decent Americans, politicians, and business leaders from standing in solidarity against white supremacy. Following the deadly tragedy in Charlottesville, several companies have taken action to stop or deter white nationalists from using their services to foster hate.

Here’s a list of seven prominent corporations that won’t allow racist hate groups to utilize their platforms. read more

5 Steps To Creating Content That Successfully Attracts Customers

Whether it’s producing videos, taking photos, hosting a podcast or writing articles, creating engaging content is one of the best ways to attract new customers. But before you hit publish, your content should focus on four key components: your expertise, company values, content that teaches your customers, and content that empowers them to take action.

(Image: iStock/robeo)

Here’s a five step process to creating content that attracts customers:

Identify the needs, desires, and challenges of your audience

 

To survey your audience, you can use an email list, Twitter, or Facebook polls. read more

Black People in Racist Work Environments: Sellouts or Changing Perspectives?

black people

Progressives aren’t the only people who have harshly criticized President Donald Trump for delivering two controversial statements following the racially charged protest in Charlottesville, Virginia, that ended in the killing of a counterprotester. A number of Republican leaders, along with right-wing hosts and correspondents on Trump’s beloved Fox News Channel (FNC), have also denounced him for presenting a moral equivalency between neo-Nazis, the Ku Klux Klan, and members of what he described as the “alt-left.” read more

45 Great Moments in Black Business – No. 33: BE 100s Define New Era for Black Business

For the 45th Anniversary of the BE 100s—the nation’s largest black-owned businesses—we share 45 milestone events that have had widespread impact on black economic development and American industry across four decades. This tribute salutes the iconic companies and CEOs that have been found on BE‘s annual list of the largest black-owned companies.

Today we reveal No. 33 in the web series “Great Moments in Black Business.” 

1988: BE expands the rankings, creating the BE 100s—the top 100 industrial/service companies and 100 leading auto dealerships—with record-breaking revenues exceeding $6 billion.  read more

Lessons from the BE 100s: The 2017 Auto Dealer of the Year

B.E. 100s

What does it take to become a B.E. 100s company? Along with grit, innovative thinking, and the drive to continually excel, it often takes qualities that make a business stand out in a way that goes far beyond just meeting its revenue goals.

While working on the Black Enterprise Auto Dealer of the Year story (in our May-June issue), I saw certain themes emerge that, it became clear, contribute to the spectacular success of National Automotive Management L.L.C., doing business as Hamilton Honda in Hamilton, New Jersey. Co-owners Jessie Armstead and Mike Saporito combine high standards and professionalism with a sense of humor and mutual respect to push their team forward. read more

Steve Harvey’s Funderdome: Fishing Caddy Creator Joe Pippins

The Fishing Caddy CEO Joe Pippins on Steve Harvey's Funderdome

Joe Pippins from Kansas pitched his product, the Fishing Caddy, on “Steve Harvey’s Funderdome.” On the show, entrepreneurs pitch in a head-to-head competition for the chance to win up to $100,000 in funding. The pitch that gets the most audience votes wins the money. Before the winner is announced, both competitors get the chance to “Cash Out” for a lower sum of money.

Brandon Andrews of Values Partnerships sat down with Pippins after the show.

 

Steve Harvey and the fishing caddy ceo Joe Pippins on Steve Harvey's Funderdome

(Steve Harvey and Fishing Caddy CEO Joe Pippins. Image: ABC/Lisa Rose) read more

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