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Black Enterprise

Black-oriented business magazine.

Articles from Vol. 32, No. 12, July

A Big Picture Portfolio: Comerica's Perry Cabean Says Trends Do a Lot to Drive Stocks Upward. (Private Screening)
Wall Street likes a good story. In fact, many money managers say there's a tale behind any stock that has climbed over a long period. Comerica Bank's Perry Cabean says the trick is to identify those stories and jump in before a stock takes off....
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About This Issue
There is a reason why more than 4.1 million readers trust BLACK ENTERPRISE magazine to be the premier business news source for African Americans. In our quest to provide essential business information and advice for professionals, corporate executives,...
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Achieve Diversity through Change Management
In the continuing economic expansion, recruiting and retaining a diverse workforce has become a more difficult challenge for employers. Most organizations recognize the benefits associated with employing a diverse workforce, but many find it difficult...
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An Ebony Aria: A Busy Exec Finds Time to Sing. (Personal Passions)
She's played roles in La Traviata, The Barber of Seville, and Madame Butterfly. She's always wanted to sing the title role of Carmen, but instead enjoyed stirring up trouble as a gypsy named Frasquita, and also as Chantal, a role she created in...
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An Unkind Cut: Reduction in Social Security Benefits Could Be Disastrous for Blacks. (the Economy & You)
President Bush is looking to privatize Social Security in a move that could spell disaster for the approximately 4.6 million African Americans in the program. In order to fund the transition from a pay-as-you-go system (currently the program...
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A Tech Rally Delayed: Larry E. Folmar Says His Prudent Tech Picks Are Still Poised for a Comeback. (Stock Update)
Last year when BLACK ENTERPRISE spoke Larry E. Folmar, president and chief investment officer of the Folmar Financial Group, he felt the technology sector was poised for a comeback. The head of the Southfield, Michigan-based investment firm even...
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Celebrities Online: Byron Allen Takes His Show on the Web. (Black Digerati)
Eight years ago, Byron Allen sat at his dining room table turned office in his Los Angeles home with a price on his head. The very home in which he was sitting was mortgaged to the hilt. and although Allen didn't have a dime in his pocket, he had...
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Developing Your Life Plan: Making Sure Financial Documents Are Available during a Family Crisis Can Save You Time, Money, and Pain. (Estate Planning)
THE LAST THING ANYONE WANTS TO DO IS CONTEMPLATE DYING OR BECOMING INCAPACITATED due to serious injury--but think about it. What would happen if you were suddenly taken from your family and friends in a tragic accident, or if you developed a serious...
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Diversity or Diversion? Experts Express Their Views about the Effectiveness of Diversity Programs and Offer Suggestions on How to Improve Them. (Careers Roundtable)
Who would have thought that white males would become the new minority in the workplace? Experts say that notion is already coming to pass since nearly half of employees are women one-quarter are minorities. African Americans are now the largest...
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Doubleteam: Twins Herman and Ferman King Are Bodyguards to the Rich and Famous. (Making It)
Identical twins Herman and Ferman King, grew up together, went to school together, and played together. So when Herman decided to go into business in 1996, the first person he turned to was his twin. Dallas-based VIP Executive Protection Inc....
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Dressed for Success: Urban Clothing Boutique Is Carving out Its Own Niche. (Making It)
"You have to make people feel like they're getting their money's worth," says John Day, 37, who along with his wife, Angela, 31, opened the Helping Our Brothas Out Shop, a Capitol Heights, Maryland, clothing boutique. Since its debut in 1996, the...
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Edward Jones
On the heels of the longest bull run in history, last year's down market wreaked havoc at many financial services firms. Thousands were laid off in this industry alone--many from companies ranked among the best to work for in America. At Edward...
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Ford Bets on Black: Automaker Is Hoping to Capitalize on African American Spending. (Business News)
In an effort to capitalize on rising car sales among African Americans, Ford Motor Corp. is increasing diversity in its marketing, supplier chain, and dealer ownership for its European luxury automobile lines. Premier Automotive Group, which...
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From a Distance: Getting a Degree in Your Time and Space. (Higher Learning)
Stephanie W. Ingraham, assistant manager, Regional Operations at Equity Office Properties, a commercial real estate firm in Atlanta, wanted to finish her bachelor's degree in business, but her full-time job did not allow her the flexibility. "The...
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Going with the (Cash) Flow: Entrepreneurs Can Look at These Strategies to Help the Bottom Line. (Management Advice)
The need for cash flow management at Troy, Michigan-based M.O.R.E. Computer Supplies came before the company opened its doors in 2001. William Jordan, chairman and COO of the 11-employee distributor of office products, knew management would have...
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High Tech, High Finance: The GrassRoots Investment Group L.L.C. Uses Technology to Conduct Business and Stay in Touch. (Investment Clubhouse)
The members of the GrassRoots Investment Group L.L.C. don't allow barriers to prevent their club from becoming the best. This energetic and innovative group of young, college-educated, fast-rising professionals is using technology to improve the...
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Hip-Hop at the Movies: Rappers Produce Reel Profits on the Silver Screen. (the Hip-Hop Economy: Part 2 of a Series)
FADE IN: THE EXTERIOR OF A MOVIE THEATER AT A SUBURBAN MALL. SCORES OF young black and white moviegoers stand in a block-long line, anxiously waiting to see the latest action-adventure flick. The movie is Exit Wounds, a cops-and-drug-dealers shoot...
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Home Free: Avoiding Prepayment Penalties on Your New House. (Consumer Life)
When Patricia J. Bruce decided to purchase her third home in the Rivers Edge subdivision of Fayetteville, Georgia, in July 2000, she liked what she heard from the representatives of Cendant Mortgage Company. The interest rate would be 8% (the prime...
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How to Fly Cheap: The Benefits of Someone Else's Baggage. (Travelwise)
Jason Stevens of Los Angeles needed to fly to Thailand on three days notice to close a business deal but couldn't afford the $3,900 roundtrip airfare. Through a friend, Stevens heard about courier travel. After a few phone calls he boarded a flight...
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Learn before You Leap. (Savvy Solutions)
Q I'm a recent college graduate and I was wondering if it would be a good idea to take a few courses toward a master's before I venture into starting a business. The company I work for will pay for my education. Should I take the courses or pursue...
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Let's Make Us Better. (Publisher's Page)
If you're pleased with our service, tell all of your friends. If you are displeased, tell us." This sentiment, of something similar, is a familiar one to most consumers because it is often posted behind the counter, of printed on the invoices...
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Online, on Time: By Paying Her Bills Via Computer, Nicole Long, Becomes More Efficient and Avoids Late Fees." (Black Wealth Initiative)
TO NICOLE LONG, THE DAYS AND WEEKS ALWAYS SEEM to run out too soon. As an accounting manager for a manufacturer of doors and windows in Atlanta, Long's job stretches into her nights and weekends. She's also active in her church, determined to find...
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Reshaping the Landscape: GIS Technology Helps Geography Go High-Tech. (Tech Buzz)
This isn't your grandmother's geography class--or your mother's, for that matter GIS is powerful software that's changing the landscape of technology. But prior to Sept. 11, GIS, or Geographic Information System, was almost unheard of in the general...
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Rising Stars: A Spotlight on Our Clients' Top Performers
Annette Merritt Cummings is Vice President and National Director of Diversity Services, Bernard Hodes Group, has over 22 years experience in marketing and communications. As National Director of Diversity Services she consults with clients nationally...
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Seeking Stable Ground: A Solid Investment Plan Helped Rick Byrd Endure Life's Bumps and Bruises. (Investment Strategies)
Rick Byrd, 48, of Charlotte, North Carolina, has been on the move since graduating from North Carolina Central University in 1976 with a bachelor's degree in chemistry. Although he worked as a chemist after graduation, he was intrigued with the...
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Striving to Be Debt Free: Henri Hammond Is Working Overtime to Get His Family out of Debt and on Track to a Self-Sufficient Future. (Family Finances)
"WE WENT HAYWIRE." THAT'S HOW HENRI HAMMOND describes a credit card spending binge. Six years ago, he and his wife. Felozia (pictured above), paid for their wedding with plastic and followed up with a similar spree to furnish their home. By the...
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Tech Rocks: Using the Internet, the Vocal Chuck D and the Legendary Nile Rodgers Are Once Again Shaking Up the Music Industry. (Technology)
CHUCK D AND NILE RODGERS ARE WHAT YOU'D CALL "OLD SCHOOL" IN THE MUSIC INDUSTRY. BUT THEY'RE teaching us new lessons about music and technology. Chuck D, 41, the charismatic front man for the groundbreaking, politically and socially outspoken hip-hop...
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The Healthcare Divide: Study Shows Minorities Receive Inferior Healthcare Services. (National News)
There is a disparity in the quality of healthcare African Americans receive, according to a study sponsored by the U.S. Department of Health and Human Services. The study, Unequal Treatment: Confronting Racial and Ethnic Disparities in Health...
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The Internal Revenue Service
The Internal Revenue Service, Criminal Investigation (CI) division is striving to be a model employer. Our goal is to build and maintain a diverse work force; one that reflects the communities in which we serve. We realize that to be a leading law...
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The U.S. Department of State
The U.S. Department of State is committed to making its work force reflect the diversity and excellence of the nation--to truly "Be the Face of America to the World." There has never been a more opportune time to join the State Department: we are...
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The Wealth Factor: African American Affluence Is on the Rise. (Facts & Figures)
The number of affluent African Americans rose in 2001, according to a report issued by Houston research firm International Demographics Inc. The report, titled The Media Audit, surveyed 122,180 adults ages 18 and older in 85 U.S. metropolitan markets....
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Verizon Wireless: We Never Stop Working for You
Can you hear me now? Good! At Verizon Wireless, we strive to hear our employees, our customers, our suppliers and most importantly, our communities. How do we do it? By listening and creating the best network for each group--because in the wireless...
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