Dana White Is the First Black Woman to Run Comms at a Major Automaker
As Hyundai North America’s first chief communications officer, Dana W. White knows what it is like to have two feet in two worlds. “Growing up I always knew about the power of communication, the power of words,” she said, talking about her childhood in Charlottesville, Virginia. “My grandfather, who was born in 1896, founded the oldest black newspaper in the state. I used to cut ad sheets every month and write copy and process black-and-white photos [at the paper]. The entrepreneurial spirit runs deep in me and my
Two Black Owned Banks Merge Forming a Billion Dollar Lender
Broadway Financial Corporation (LA) and City First (Washington DC) have merged to create the largest black owned bank in the country. Together they have combined assets to become a billion dollar lender. City First chief executive, Brian E. Argrett, will operate as chief executive of the new company. City First will be the banking brand while Broadway Financial Corporation will maintain its publicly traded identity as the bank's holding company. “The new combined institution will strengthen our position and will help drive both sustainable economic growth and societal
Black Owned Celldration Premium Water Signs Historic Distribution Deal For 1100 Kroger Stores
CellDration Water, one of only a handful of Black-owned Premium water brands in the world, has partnered with Cincinnati based Kroger Inc, Wakefern (NJ), and DPI Specialty Foods (CA) for distribution in over 1100 stores nationwide, represented by six divisions and spanning sixteen states. Kroger corporation includes other retail grocery brands Ralph’s, Smith’s, and Fry’s. Utilizing a proprietary five (5) step process, and founded at the nexus between nature and science, CellDration Water offers an enhanced, mineralized purified water with multiple value-added benefits. CellDration’s game-changing national distribution
Hobby or Hustle: Understanding How Millennials View Entrepreneurship
Among millennials, currently there is a growing theme of people attempting to monetize hobbies. As opposed to previous generations, millennials (born between 1980 and 1996), have adopted a stronger entrepreneurial mentality. Economic Innovation Group along with EY, a professional services firm, polled millennials. The survey showed 62 percent of millennials have contemplated starting their own business, and 72 percent believe entrepreneurship is “essential for promoting innovation and jobs.” They either try and profit from something they are already good at, invest in something they believe in, or
Two Brothers Hope to Open Philadelphia’s First Black Owned Brewery
The state of Pennsylvania does not currently have a Black owned brewery. In fact, under 2 percent of American breweries are Black owned. Two West Philadelphia brothers, Rich Koilor and Mengistu Koilor, are looking to change that. "The more we looked into the brewing industry, the more we saw that there weren't a lot of Black brewers or Black-owned breweries," said Rich Koilor. "That kind of pushed us to, why not be the first Black-owned brewery in Philly?" Mengistu adds, "Something that's Black-owned that belongs to us where we
DICK’S Sporting Goods Names NFL’s Larry Fitzgerald, Jr. to its Board of Directors
DICK'S Sporting Goods, Inc. announced that Larry Fitzgerald, Jr., the 11-time Pro Bowl wide receiver for the NFL's Arizona Cardinals, has been named to the company's Board of Directors. Fitzgerald is an active member in the business community. He joined the Sports Matter Advisory Board of The DICK'S Sporting Goods Foundation in 2018 to help inspire and enable youth sports participation, and he recently purchased a minority ownership stake in the NBA's Phoenix Suns. "I've long admired DICK'S Sporting Goods, and over the years have had the opportunity
AHA Board Names Wright Lassiter III Chair Elect Designate
The American Hospital Association (AHA) Board of Trustees has selected Wright L. Lassiter, III, president and CEO of Henry Ford Health System in Detroit, Mich., as its chair-elect designate. Lassiter will be the 2022 chair of the AHA, becoming the top-elected official of the national organization that represents America’s hospitals and health systems and works to advance health in America. Lassiter has led the Henry Ford Health System as president since 2014 and as president and CEO since 2016. In this role, he oversees the not-for-profit Henry Ford
2010 Census omitted 3.7 million Blacks – Nearly five times its original ‘undercount’ claims
As appeared first in the New Pittsburgh Courier by Hazel Trice Edney (TriceEdneyWire.com) – A special report released by the National Urban League reveals that the U. S. Census Bureau omitted at least 3.7 million African-Americans from its 2010 count, nearly five times the 800,000 “undercount” that the bureau has long reported. Largely due to the Coronavirus, the sluggish response to the 2020 Census count now underway is on track for the same or even worse results, NUL predicts. The organization says the Black community stands to lose billions of
Black Netflix Exec Spearheads Company’s $100 Million Commitment to Black Banks
In October 2019, Netflix began holding routine meetings to increase diversity among its leadership. However, it would not be until April of this year that the company would arguably make its biggest stride towards social change. The discussions from April’s gathering sparked the curiosity of Netflix Director of Talent Acquisition, Aaron Mitchell. He began researching economic solutions and reading Mehrsa Baradaran’s “The Color of Money: Black Banks and the Racial Wealth Gap”, which highlights the need for Black financial institutions to receive better funding to help the
As Businesses Reopen, A Good Plan And Flexibility Are Key
As appeared first in the Michigan Chronicle With the economy trying to overcome the effects of COVID-19 and the nation’s political unrest, business leaders face a challenge like never before as stores and offices reopen and try to lure back customers and clients. “Even before our current crisis, it’s always been important for businesses to respond to unanticipated changes in the market that threatened their product or business model,” says Adam Witty, the ForbesBooks co-author of Authority Marketing: Your Blueprint to Build Thought Leadership That Grows Business, Attracts Opportunity, and Makes Competition Irrelevant. “Now,