- Should black businesses be sold to whites? Sure - if
the price is right. How else can black entrepreneurs raise the capital
to finance expansions and acquisitions?
Depending on who you talk to, it was either the deal - or the disaster - of the year for black business. In a one-for-one stock swap valued at $67 million, Johnson Products Co. Inc., the legendary Chicago-based hair care products company known for its Ultra Sheen and Gentle Treatment ......
- He raised the glass ceiling: Darwin N. Davis Sr. was
one of the first blacks to navigate the ranks of corporate
America.
Darwin N. Davis Sr. broke through the glass ceiling at a time when most African Americans were prevented from ascending the upper ranks of corporate America. With his death on April 16, the black business community lost a trailblazer. Davis, named one of BLACK ENTERPRISE's top 25 blacks in corporate ......
- Grooming worthy successors.
Few milestones in the life of a thriving family-owned enterprise are more important--and more challenging--than the development and preparation of new executive leadership. It is one of the most difficult transitions for an entrepreneur to negotiate, and so, is neglected by most business owners. In fact, only 28% of the ......
- People on the Move
PaperPlus, the new Brussels, Belgium association for EU specialty-paper manufacturers, appoints Diego Borello , president of Ahlstrom Labelpack Div. , as its president. Hanschy Industries , Bellwood, IL, names Kevin Yeazell as president. Darrell L. Truitt joins Scitex Vision America , Marietta, GA, as packaging/POP application specialist. M-Real USA , ......
- Black managed is not black owned.
Earlier this year, the outrage of thousands of minority-owned companies was ignited by news of a National Minority Supplier Development Council proposal to reduce to less than 51% the threshold of ownership necessary for an enterprise to qualify as minority owned. The NMSDC'S position is that it will make it ......
- Then & now: BE's coverage over the last four
decades reveals how far we've come and how far we must
go.
In covering African American's participation in commerce and finance for 35 years, BLACK ENTERPRISE has exposed the good, bad, and ugly. In the 1970s, black entrepreneurs and corporate professionals expanded their horizons as a result of civil rights legislation, affirmative action, and the rise of black political power. In an ......
- Last chance to power network: the Entrepreneurs
Conference is always a great place to learn the rules of
business.
Time is ticking away. Register now for this year's Black Enterprise/General Motors Entrepreneurs Conference, held May 12-16, at the Wyndham Anatole Hotel in Dallas. We have an impressive roster of speakers and panelists who will offer you the tools necessary for your company to prosper. Since 1970, this magazine has ......