Wednesday, April 7, 2021

How 20th-Century Black Business Leaders Envisioned a More Just Capitalism

Charles Clinton Spaulding and Maggie Lena Walker built operations that supported and strengthened the communities around them.

In the early 20th century, the US saw what’s been called a golden age of Black business and of Black business thinkers, one that has been elided in traditional business history taught in classrooms and leadership trainings. In this highly segregated era, leaders like Charles Clinton Spaulding and Maggie Lena Walker created and ran successful regional, national, and international corporations that employed and served the Black community in unique ways.

Publisher: Harvard Business Review
Date: 2021-04-07T12:05:00Z
Twitter: @harvardbiz
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Business awards earned in Tucson and Southern Arizona | Business News | tucson.com

Long Company: Patsy Sable, a Realtor in the Long Realty Foothills office was honored for attaining the highest level of performance — platinum — in the company, and named a vice president member of the executive council. Previous to Long, Patsy was vice president of contracts and negotiations for a Fortune 100 company.

Literacy Connects: The Community Foundation for Southern Arizona is honoring Betty Stauffer, founder of Literacy Connects, as the recipient of the Buddy Amos Founders Award. Created in 2015 in honor of Buddy Amos, a CFSA Founder, the award honors inspirational founders of local nonprofits in Southern Arizona. In the letter nominating her, Stauffer was described as someone who, "… has tirelessly advocated for social justice through supporting education and promoting literacy.

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Publisher: Arizona Daily Star
Date: 9EA4368CBA0EAA6CC037C4E58565558F
Author: Arizona Daily Star
Twitter: @tucsonstar
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Business Investing for Business Growth

The leader who stewards their business effectively will focus on both profitability with a purpose and future profits used in a profitable way. 

Most business investing is for the future of the business. Note two critical components in this fundamental truth:

1) The return on investment is usually realized after a long period which could include years. Business investing is a long-term strategy, not a get-rich-quick scheme;

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Publisher: Entrepreneur
Date: 2021-04-07T13:47:00Z
Author: ken gosnell
Twitter: @Entrepreneur
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Black women face business challenges - The Bay State Banner

As part of its virtual event series, the Black Economic Council of Massachusetts hosted a panel of Black women leaders in business. State Rep. Chynah Tyler joined the conversation with the three entrepreneurs, with WBUR's Paris Alston moderating.

They began by dispelling myths about women in the workplace and discussing how those myths hinder gender equity.

"I'm going to make this really real, there's this narrative about us that we don't work as hard," said Bithiah Carter, President and CEO of New England Blacks in Philanthropy.

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Publisher: The Bay State Banner
Date: 2021-04-07T15:37:10 00:00
Twitter: @BayStateBanner
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The Masters Is Business as Usual as Georgia Faces a Political Onslaught - The New York Times

But there's scant evidence of that on and around the grounds of Augusta National Golf Club, where the state's most cherished sporting event, the Masters , begins play on Thursday. There are no protests along Washington Road. There are only limited calls in Georgia, even among the law's fiercest critics, to upend a springtime ritual at a club that stands on what was once an indigo plantation and did not admit a Black member until 1990 .

Indeed, even after Major League Baseball chose to move its All-Star Game from Georgia to protest the law that restricts access to voting, there was little doubt that the Masters would go on as planned this week — a reflection of golf's Republican lean, but also of Augusta National's honed willingness to defy pressure and, crucially, the reality that the mighty, mystique-filled brand of the Masters hinges on one course, and one course alone.

Date: 2021-04-07T04:01:09.000Z
Twitter: @nytimes
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Business groups: Michigan needs stimulus aid plan 'to transform' state

The letters sent this week come as Michigan is poised to receive $10 billion in direct aid to the state and local governments from the $1.9 trillion COVID-19 relief package passed last month.

The American Rescue Plan Act also provides millions more in other federal funding, including an estimated $4 billion for emergency school aid in Michigan and possibly tens of billions more in competitive dollars. Much of the money comes with few restrictions and doesn't expire until 2024, the business leaders noted.

Publisher: The Detroit News
Author: Breana Noble
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Wednesday's business headlines - WISH-TV | Indianapolis News | Indiana Weather | Indiana

Taco Bell announced plans Tuesday to hire 5,000 employees on April 21 at some 2,000 Taco Bells across the country.

Now the managers will be offered four weeks of annual vacation, eight weeks of paid maternity leave and four weeks of new parent and guardian “baby bonding.”

A new study by global staffing firm Robert Half shows that about 1 in 3 professionals currently working from home due to the pandemic would look for a new job if required to be in the office full time.

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Publisher: WISH-TV | Indianapolis News | Indiana Weather | Indiana Traffic
Date: 2021-04-07T11:45:51 00:00
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Euro zone business activity expanded in March despite lockdowns | Reuters

LONDON (Reuters) -Euro zone business activity bounced back to growth last month, underpinned by a record expansion in manufacturing, according to a survey on Wednesday that also showed the service industry was coping better than expected with new lockdowns.

Europe is battling a third wave of coronavirus infections and governments - also struggling with vaccine programmes beset by delays - have re-imposed curbs on citizens and forced swathes of the dominant services industry to remain closed.

Publisher: U.S.
Date: 2021-04-07T08:10:15Z
Author: Jonathan Cable
Twitter: @Reuters
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Cleveland Cavaliers executive on list of top young sports business leaders - cleveland.com

Shelly Cayette, an executive with the Cleveland Cavaliers and Rocket Mortgage FieldHouse, is among those selected for Sports Business Journal's 22nd class of Forty Under 40.

The individuals selected for this year's list are not afraid to go big, whether it's a blockbuster media rights deal, the launch of a bold new product, the opening of a dynamic stadium or a career move that opens new doors to success. They are not afraid to take risks, and the organizations across the sports business that they represent have benefited from their accomplishments.

Publisher: cleveland
Date: 2021-04-07T12:16:16.291Z
Author: Staff
Twitter: @clevelanddotcom
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Lamar Advertising launches corporate-sponsored SPAC

Lamar Advertising Company today announced that it has launched a special purpose acquisition company called Lamar Partnering Corporation, or LPC.

LPC plans to search for a partner "at the intersection of the out-of-home advertising, technology and communications sectors," according to Lamar's announcement, and has filed a proposed initial public offering with the SEC. ‎

The proposed public offering is expected to have a base offering size of $300 million. Lamar, through an indirect wholly owned subsidiary, would own approximately 20% of LPC's issued and outstanding ordinary shares upon the consummation of the offering.

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Publisher: Baton Rouge Business Report
Date: 2021-04-06T20:06:09 00:00
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