President Biden Nominates First Black Woman to Serve on Federal Reserve Board of Governors
By Stacy M. Brown, NNPA Newswire Senior National Correspondent President Joe Biden on Friday announced the nominations of three individuals to serve on the Federal Reserve’s Board of Governors, including Lisa D. Cook, a professor of Economics and International Relations at Michigan State University. If confirmed, Cook would become the first African American woman to serve in that role. A Marshall Scholar from Spelman College who received a second B.A. in Philosophy, Politics, and Economics from Oxford University, Cook earned a Ph.D. in economics from the University of California, Berkeley. She
Kimberly Godwin named president of ABC News, first Black woman to lead a major broadcast news network
Courtesy of ABC News CBS executive Kimberly Godwin has been named the next president of ABC News, becoming the first Black woman to lead a major broadcast news network. She replaces James Goldston, who left the network last month after seven years in that role, and will start in early May. Godwin will oversee editorial and business operations for broadcast, digital, streaming and audio news across the organization, including the No. 1 programs "Good Morning America," "World News Tonight with David Muir" and "20/20," and the growing streaming channel ABC
The Business of Black Beauty: Why More Black Women Aren’t Represented
By Megan Kirk Actor and comedian Chris Rock released a film in 2009 centered around Black women and the beauty industry. Taking a closer look at the relationship between Black women and their hair, the film “Good Hair” uncovered truths about the significant role Black women play in the multibillion-dollar industry. It also helped to highlight the versatility of Black hair and why Black women dominate the hair and beauty business. In 2019, Essence magazine reported that African Americans spend $1.2 trillion each year on hair and that number
Black Women Keep Something Brewing: Rosalind Brewer named new CEO of Walgreens
By Ashley Stevenson On March 15th, 2021 Rosalind Brewer will be named the new CEO of Fortune 500 Company, Walgreens. Brewer, currently COO of Starbucks and former CEO of Sam’s Club is a graduate of Cass Technical High School, located in Detroit, MI. She went on to graduate from Spelman and then Stanford Law School before becoming the first Black Woman to serve as Starbucks’ CEO and sit on the board of Amazon. In 2018, I had the pleasure of meeting Mrs. Brewer during her address at the Sankofa
Boston Red Sox Hire Bianca Smith as First Black Woman Coach in Baseball History
By Stacy M. Brown, NNPA Newswire Senior National Correspondent Bianca Smith, an African American woman, has made baseball history. Smith, who most recently served as an assistant baseball coach and hitting coordinator at Wisconsin’s Carroll University, was named a coach in the Boston Red Sox minor league system. Smith, 29, becomes the first Black woman to coach in professional baseball. She will work with the team’s infielders at the Red Sox minor league facility in Fort Meyers, Fla. “She was a great candidate coming in,” Red Sox vice president of player development
American Express Commits $2.5 M to 100 Black Female Owned Businesses
Did you know that woman-founded businesses received a mere 2.8 percent of venture capital dollars in 2019, with female founders of color receiving just 0.32 percent? A couple big organizations are working to change that for the long-term. Co-Founder of Kazmaleje (pronounced Cosmology), LaToya Stirrup is one of 100 women selected by American Express and IFundWomen of Color for its 100 for 100 campaign that supports black female entrepreneurs. All recipients of the grant program will be awarded $25,000 plus 100 days of business mentorship. Kazmaleje, founded in Miami,
Digital women empowerment course “The Pink Pill” passes $1 million in sales
Black entrepreneur Christelyn Karazin has launched a digital empire with her online courses developed specifically for the empowerment and advancement of black women. Her series of digital courses, The Pink Pill, has surpassed $1 million in sales revenue less than two years into the launch of her original flagship course. The Pink Pill, The Pink Pill For College and The Pink Pill For Business are comprehensive online courses developed by Christelyn Karazin and a team of advisory experts that leverage digital platforms, providing guidance on how to succeed, whether a woman is