Black Enterprise articles from January 2002

Black Enterprise archives from January 2002

[Web features]. (Home).(online employment service; best cities for African Americans)(Brief Article)
January 1, 2002... VISIT OUR CAREER CENTER Since the economy has softened, we've boosted the power of our Career Center to be even more useful to you in finding a job. We've updated our technology and resources. Our new Talent Pool allows job seekers to log...

[Web tools]. (Home).(business franchises; online investment service)(Brief Article)
January 1, 2002... Franchise solutions Have you been looking for the right business opportunities to fulfill those entrepreneurial dreams? We at blackenterprise.com can help you find the industry that suits your talents perfectly. By using our free Franchise...

[Web columns]. (Home).(online articles on financial planning)(Brief Article)
January 1, 2002... MAXIMIZE YOUR MONEY Choosing stocks that are poised for a rebound is key to rebuilding your portfolio. Personal Finance Editor Scott will review a few of his picks, as well as give insight on investment strategies and market trends. ...

Reassess, not retreat. (Publisher's Page).(business, personal financial planning during economic slowdown)(Brief Article)
January 1, 2002... Unemployment and layoffs hover over us, making consumers hesitant, if not downright resistant, to engage in the spending that drives and sustains our economy. The stock markets, rocked by the domino effects of the terrorist attacks of September...

About this issue.(Brief Article)
January 1, 2002... Start spreading the news. BLACK ENTERPRISE welcomes two new editors to its team of professionals. And, as is our tradition, we've thrown them right into the mix so you can see what they've managed to stir up right from the start. Our...

Head over heels. (Letters).(Letter to the Editor)
January 1, 2002... I AM A WEB MARKETING COORDINATOR FOR Globe Interactive, an affiliate company of the Globe and Mail, here in Toronto. I have just (and I mean four days ago) stumbled upon your publication, and have fallen head over heels in love with black...

Top docs. (Letters).(Letter to the Editor)
January 1, 2002... MY FIRST EXPERIENCE OF YOUR MAGAZINE was stimulating. I am a young doctor in Jos, Nigeria, and my thrill at your beautiful treatise on America's leading black doctors ("The Doctors Are In," August 2001) is indescribable. Do keep up the...

Message of hope. (Letters).(Letter to the Editor)
January 1, 2002... FINALLY, A STORY I, AS A SINGLE WOMAN, can relate to. I am talking about the article in your August 2001 issue, "Money Management Strategies for Women." Usually when I read the articles that profile individuals' personal finances, I end up...

A must have. (Letters).(Letter to the Editor)
January 1, 2002... I AM A WRITER AND A STRIVING ENTREPRENEUR from Brooklyn, New York. There is not a month that goes by without my picking up my copy of be. Your magazine is just what the doctor ordered. The pages are filled with stories of people taking the...

Epic success. (Letters).(Letter to the Editor)
January 1, 2002... THE ARTICLE ABOUT EPIC RECORDS EXECUTIVE David McPherson ("The Sweet Sounds of Success," Powerplay, June 2001) was a story I can truly relate to. I am a director for a news station in Pittsburgh. My heart is in the music industry, and I have a...

Cures for the privileged? government officials receive anthrax treatment prior to post office employees. (Washington Report).(Brief Article)
January 1, 2002... Over the past few months or so, the hazards of handling mail for a living have increased exponentially. And while safety measures are being put in place in the Senate and other government offices, many are questioning whether mailroom and post...

Delivering during a crisis: postal union chief is taking the reigns at a tough time. (Newsmakers).(William Burrus, president of American Postal Workers Union)(Brief Article)(Interview)
January 1, 2002... William Burrus picked a tough time to step up to the plate. The new president of the largest postal union in the United States, installed on November 10 for a three-year term, has to contend with the anthrax scare and other terrorist threats,...

Belle of Orleans rolling craps? Supreme Court of Louisiana rejects latest suit for control of riverboat casino. (B.E. 100S).(Brief Article)
January 1, 2002... The three-year fight for the Belle of Orleans Casino may be nearing its final rounds. Belle of Orleans is a 30,000 square-foot riverboat casino that reported $89.75 million in sales for 2000. On October 16, 2001, the Supreme Court of...

The price of privacy: is the anti-terrorism bill worth the hassle? (Washington Report).(Antiterrorism Act)(Brief Article)
January 1, 2002... Can the U.S. government and law enforcement officials successfully walk the fine line between national security and an individual's right to privacy? That's what many civil rights leaders are questioning, saying the anti-terrorism bill recently...

What's going on in the business world? (Newsbite).(brief notes)(Brief Article)
January 1, 2002... Why say Earvin "Magic" Johnson and Fatburger in the same breath? Because an investment team, led by Johnson, has recently purchased the Fatburger Corp., a gourmet burger, chicken, and french fry restaurant chain. The group plans to take the 47...

Finding financing: SBA loans to Asian- and Hispanic-owned small businesses exceed those to black-owned small businesses. (Facts & Figures).(Small Business Administration)(Brief Article)
January 1, 2002... According to the 2000 U.S. Census, ethnic minorities will comprise 90% of the nation's population over the next 50 years--representing more than half of the country. This population boom has spawned a rapid growth of minority-owned businesses,...

When it's time to cash out: here are some ways to handle club finances when members leave. (Investment Clubhouse).(Brief Article)
January 1, 2002... In the early years of the Black Women Investment Corp. (BWIC) in the Raleigh-Durham, North Carolina, area, it had about 25 members aged 25 to 55, representing various professions from education to engineering. The club was launched in 1988, and...

You should bank on it: Rasara Strategies' Raymond C. Stewart says a lot of good news is ahead for banks. (Private Screening).(investing in banking industry securities)(Brief Article)(Interview)
January 1, 2002... Money manager Raymond C. Stewart says that bank stocks are in for a boom. Stewart's firm, Briarcliff Manor, New York-based RASARA Strategies Inc., manages $160 million in assets for institutional investors--money he invests in his specialty,...

Lethargic large caps: Alfred Jackson's large-cap growth picks were mostly uninspiring. (Stock Update).(portfolio management)(Brief Article)
January 1, 2002... Alfred Jackson, a principal at Davis, Hamilton, Jackson & Associates, L.P. in Houston, adamantly tells investors: "Now is not the time to divest. Since no one can ever guess the bottom, and the numbers show we can't go much lower, why would...

You REIT what you sow: real estate investment trusts provide a hedge against stock market downturn. (One For Your Money).(Brief Article)
January 1, 2002... In 1994, after 24 years of working mostly in the marketing department of Ameritech, Frances H. Clark retired. At the time, she had a serious decision to make. What to do with the money from her pension and 401(k)? Clark, who is 61, and was...

Investing during downturns: when markets slide, use proven investment strategies. (Investment Insights).(Brief Article)
January 1, 2002... Experts point out that continued careful investing during bear markets is critical to building wealth because no one can predict when the markets will rally. In fact, historically, buying on market downturns has been an effective long-term...

Hot mutual funds. (Ask B.E.).(planning your investments)(Brief Article)
January 1, 2002... Q I'm interested in investing in high-growth mutual funds that can provide the most gains. Which funds do you suggest. --J. Draughn B.E. Bulletin Board A First, remember that mutual fund investing is a long-term proposition. We went to...

Beating the odds: remembering the basics of business can help. (Management Advice).(managing small businesses)
January 1, 2002... It's a grim reality that nearly half of all small businesses crash and burn within the first few years. An even darker statistic is that many of those doomed businesses are African American owned. Exactly what can a small company do when faced...

Wanted: good employees: how one business benefited from finding the right people. (Making It).(Brief Article)
January 1, 2002... An unusually stringent approach to hiring is paying off for David Vinson. Potential employees at Optate Inc., a 22-member Ann Arbor, Michigan-based online employee-relationship management firm formed by Vinson in 1999, must agree to several...

Pilot program to assist young entrepreneurs: the Prudential Young Entrepreneur Program seeks urban start-ups. (Business Opportunities).(Brief Article)
January 1, 2002... Calling entrepreneurs in the 18-to 30 year-old age range looking to finance their business ventures. The Prudential Young Entrepreneur Program (PYEP) is a three-year pilot entrepreneurial development project funded by the Prudential Foundation,...

Car search. (Savvy Solutions).(Brief Article)
January 1, 2002... Q Where can I find a listing of minority-owned auto dealerships in the greater Washington, D.C., metropolitan area? --J.B. Scott Washington, D.C. A resource for finding minority-owned businesses in general is the National Directory of...

No more free rides: it's the end of the free lunch on the Web, but consumers can still snack. (Tech News).(aftermath of the electronic commerce crash)(Brief Article)
January 1, 2002... From the late 1990s through much of 2001, online vendors pushed free services as if they were going out of style--and now they have. BlueLight.com now offers cheap, not free, ISP service; 555-1212.com began charging for directory lookups;...

Hype or hope?: 3G technology is on the horizon--the distant horizon. (Tech News).(wireless networks)(Brief Article)
January 1, 2002... Unless you've been living in a cave for the past year or so, you've no doubt heard of third-generation wireless networks, also known as 3G. Having evolved first-generation analog cellular networks, and currently implementing second-generation...

Worth its weight. (B.E. Reviews).(peripherals by Microsoft)(Evaluation)
January 1, 2002... Isn't it amazing when products do what their makers say they will? Case in point: Microsoft's Office Keyboard. It promised ease of use and comfort, and it did not disappoint. Microsoft has done a few things to make the USB keyboard more...

Quite an impact. (B.E. Reviews).(new PhotoImpact 7 by U)(Evaluation)
January 1, 2002... U lead moves one step closer becoming a powerful digital image editing powerhouse with its new release, PhotoImpact 7. Priced at $99.95 ($89.95 for the downloadable edition, and $49.95 for the upgrade, which you also download), the product...

Thinner and thinner.(laptops)(Brief Article)
January 1, 2002... Laptops are getting smaller, so it's only fair that the devices connecting them to peripherals go the same route. Keyspan's Mini 4-Port USB Hub is the perfect fit. About the size of a credit card, the device supports both bus-powered and...

SSSmoking!(Iomega's HotBurn)(Brief Article)
January 1, 2002... The trouble with most CD-burning software applications is that they're not easy to use--and they're slow. Enter Iomega's HotBurn, which takes the pain out of CD creation. The streamlined interface features one-step duplication and two-step...

It's all mine: protect your intellectual property. (On The Shelf).(Brief Article)
January 1, 2002... The issue of intellectual property and its protection is a growing concern, and Deborah E. Bouchoux's book, Protecting Your Company's Intellectual Property: A Practical Guide to Trademarks, Copyrights, Patents & Trade Secrets (Amacom, $29.99),...

Too much tech? (Cyberwise).(letters)(Brief Article)
January 1, 2002... Q I recently purchased a PDA, but between this, my cell phone, and laptop, I'm feeling a little too wired and weighed down. Help. --Shawn Rose London, Ontario Canada Here's a little secret I like to share with just a few: You don't need...

Let's celebrate!: use performance evaluations as a time to praise. (Inbox).(Brief Article)
January 1, 2002... At the Ritz-Carlton, a luxury hotel in New York, "performance evaluations are a time for celebration," according to Theal Gilbert-Jamison, vice president of training and development for the Ritz-Carlton Hotel Co. Managers provide employee...

Overcoming depression. (Since You Asked ...).(Brief Article)
January 1, 2002... Q I was laid off two weeks ago and it was very depressing. Since then, I've had a few job interviews that seem promising. But is there advice for people who are having greater challenges on the job front? --M. Yerby B.E. Bulletin Board ...

Claim the victory--internally: use these tips to avoid letting company job postings pass you by. (Making Connections).(Brief Article)
January 1, 2002... Letitia R. Doe had been applying for jobs with other companies for months before stumbling upon an internal job listing posted in her employer's lunchroom. Doe, then a case manager with the Illinois Department of Human Services, considered...

Convention calendar. (powerplay).(Brief Article)
January 1, 2002... * Professional Women of Color will host its annual anniversary celebration on January 26 New York 212-714-7190 * United Negro College Fund's National Alumni Council will hold its NAC-NPAC UNCF General Leadership Summit. January 31-February...

Value City Department Stores. (On The Move).(Brief Article)
January 1, 2002... Carter D. Womack has been named vice president of human resources for Value City Department Stores in Columbus, Ohio. He will be responsible for compensation, benefits, staffing, employee, and labor relations. Previously, he was vice president...

Reebok international Ltd. (RIL). (On The Move).(Brief Article)
January 1, 2002... Denise Kaigler has been named vice president of global communications at Reebok international Ltd. (RIL). She will oversee all external and internal communications at Reebok. Prior to joining Reebok, Kaigler was the director of communications...

Joint Center for Political and Economic Studies. (On The Move).(Brief Article)
January 1, 2002... C. Lynn McNair has been named vice president for philanthropic partnerships for the Joint Center for Political and Economic Studies. She will be responsible for fundraising efforts. Previously, she served as the Center's director and deputy...

Miller, Canfield, Paddock & Stone, P.L.C. (On The Move).(Brief Article)
January 1, 2002... Saul A. Green has been named director of minority business group at the law firm Miller, Canfield, Paddock & Stone, P.L.C., in Detroit, Michigan. He will enhance the firm's litigation and dispute resolution practice group. Previously, he was...

Household in Prospect Heights. (On The Move).(Brief Article)
January 1, 2002... Diane Jackson has been named community relations director at Household in Prospect Heights, Illinois. She is responsible for the design and implementation of the company's strategy to link corporate philanthropy, consumer education, and...

Each one, teach many: investment banker Lloyd Campbell is using his own wealth to prepare a new generation of teachers: Campbell has found that his passion can help his community. (Black Wealth Initiative).(Brief Article)
January 1, 2002... EVEN BEFORE LLOYD CAMPBELL BECAME A MANAGING director and group head of equity private placement at Rothchild Inc., a New York-based investment bank, he knew the importance of giving back. The son of one of the Tuskegee airmen, Campbell, 44,...

From debt do you part: Aleas Hammett and her husband, David, are beginning the long, hard process of eliminating the debt that clouds their future. (Family Finances).(Brief Article)
January 1, 2002... THE SEPTEMBER 11 TRAGEDY AND SUBSEQUENT declaration of war by President George W. Bush affected many American families, For Aleas and David Hammett of Upper Marlboro, Maryland, it meant that they had to be ready to serve their country at a...

The domino effect: ripples from September 11 spread FAR and WIDE. (Business News).
January 1, 2002... DARRYL MCCRAY, 38, IS ONE OF THE MANY BUSINESS OWNERS still reeling from the effects of the September 11 terrorist attacks. "Business came to a grinding halt," says McCray, owner of House of Nubian (www.house ofnubian.com), an 11-year-old store...

22 stocks for 2002: with the markets at their lowest levels in years, B.E. picks 22 stocks that could put you in a prime position to profit when the economy rebounds. (Investing).
January 1, 2002... WHEN IT COMES TO BUYING STOCKS, THE WORST OF TIMES ARE often the best of times. When circumstances look the darkest, the wisest investors start to stir on the sidelines. They look for sustained drops, the type of grueling periods during which...

301 investing: evaluating an investment takes time and patience. Here's how to find out what you're buying before you commit. (Investing Part 3 Of A Series).
January 1, 2002... INTUITION. IT'S WHAT SEPARATES THE MEN FROM THE BOYS, OR shall I say, the women from the girls? Either way, intuition is vital in decision-making--something Jami Smith knows well as an avid investor. At 25, she has maintained a well-heeled...

Powerful forces: three African American women take on the high-tech world. (Black Digerati)(Cover Story).(Cover Story)
January 1, 2002... LENA L. WEST REALIZES THAT ANY AFRICAN AMERICAN WOMAN WHO THINKS ABOUT STARTING A tech company today will likely get discouraged if she flips through an industry magazine. "A quick browse reveals very few people who look like me," she says....

Home, sweet (networked) home: whether you're a tech pro or just a beginner, connecting your home PCs is an easy way to achieve domestic tranquility. (Technology).
January 1, 2002... IN THE 1960S, PEOPLE ASKED IF YOUR TV WAS COLOR OR BLACK and white. The '70s were all about the 8-track. The '80s and '90s found us toying with CD-ROMs, DVDs, and computers with superhigh-speed processors. Well, welcome to the new millennium,...

tightening your belt: ten simple money-savings tips for the new year. (Consumer Empowerment).
January 1, 2002... TIFFANY M. FLETCHER OF PHILADELPHIA LIKES the good life. Raising her two grandchildren Zaikeyah, 17, and Komayah, 4, she spends at least $400 per month eating out with them at Applebee's, Houlihan's, and other area restaurants. She loves to...

Operation: now!: conquer procrastination in the new year. (Peak Performance).(Brief Article)
January 1, 2002... It's 2002, and you are determined to make it your best year ever. You've set your priorities, made resolutions, and identified goals. You are committed to improving yourself and making the most of your life. As you devote the first weekend of...

Required reading: overwhelmed by self-help tomes? Start with these fantastic four. (Words To Strive By).(Brief Article)(Bibliography)
January 1, 2002... Go to any book store anywhere in the country and you will be all but overwhelmed by what has been a booming segment of publishing: motivational, personal development, and self-help tomes. Books such as The 7 Habits of Highly Effective People by...

Let me coach you. (In The Know).(Brief Article)(Editorial)
January 1, 2002... When the idea for Motivation hit me four years ago, t envisioned a business-oriented, practical, yet inspirational, self-help section aimed at helping you to improve your personal effectiveness. Now, I finally get to serve as the editor of the...

Real estate horrors: mortgage scams to watch. (Consumer Life).(Brief Article)
January 1, 2002... Dana Evans, a 30-year-old entrepreneur, had no idea she'd be the victim of a scam by a mortgage company recommended by a friend. After locating an abandoned multiunit building she wanted to buy, Evans went to a mortgage company, where she...

`E' doesn't mean easy: electronic tickets may leave you disconnected. (Travel Wise).(Brief Article)
January 1, 2002... Gordon Hicks was anxious to get home to Los Angeles following two week business trip to the Caribbean. Booked on an American Airlines flight to Atlanta, with a connecting flight to Los Angeles, mechanical problems on the first plane delayed...

We're showing you the money: how to pay for college. (Priceless Resources).(Brief Article)
January 1, 2002... To facilitate your search for college funds, the Federal Student Aid Information Center is offering two free publications. The Student Guide 2002-2003 is the most comprehensive resource spelling out how to apply for grants, loans, and...

A first-class rule. (Ask Your Advocate).(Brief Article)(Letter to the Editor)
January 1, 2002... Q If my plane is canceled or delayed, is the airline obligated to get me on any next available flight--not just one of theirs? --D. Thompson Los Angeles A Yes, only on domestic flights, under what's called Rule 240. If the delay or...

Ski sensations: Pasadena exec ain't no powder puff. (Personal Passions).(Brief Article)(Interview)
January 1, 2002... "It was a bluebird day in Snowbird, Utah." Dino White recalls. Sunny, clear with no clouds, no wind. Layered in Patagonia thermals and Spider ski gear, positioned on his Dynastar 4x4 skis (he usually travels with three pairs, even on local...

Winter wonderlands: hot spots for the coolest season. (Travel Talk).(Brief Article)
January 1, 2002... Ok, so you have two left feet on skis, and when you think of snowy mountains, only frostbite comes to mind. Ah, but from Courchevel, France, to Vail, Colorado, we found luxurious hotels in the hottest resort areas that afford the latest in...

Cold comfort: suited for snow business. (In Style).(cold-weather clothing)(Brief Article)(Product Announcement)
January 1, 2002... Whether you're seriously schussing or simply styling, your success on the slopes will be determined by clothing that is functional, stylish, and comfortable. * Function. It's all about shells. They can be layered and then peeled off,...

Snow blowin'. (Extras).(The Only StandUp Snowmobile)(Brief Article)(Product Announcement)
January 1, 2002... [ILLUSTRATION OMITTED] What happens when you combine the sensation of snowboarding with the techniques of snowmobiling? You get The Only StandUp Snowmobile Hammacher Schlemmer. With a 1.1-gallon fuel capacity, this vehicle can power up...

Going to X-screams. (Extras).(skis)(Brief Article)(Product Announcement)
January 1, 2002... [ILLUSTRATION OMITTED] The X-scream series ski from Salomon is for serious slopers--mountain managers who can carve through moguls in a single rebound. Made from monocoque titanium, the skis offer great stability and steering precision....

And fashionable to boot. (Extras).(GiGi leather boot)(Brief Article)(Product Announcement)
January 1, 2002... [ILLUSTRATION OMITTED] A pres-ski attire is all about comfort and style. Designer Regina blends the two in a fashionably functional fox fur Italian boot called GiGi. Its cowhide exterior is resistant to salt and sand stains, and the...

What's happening.(skiing competitions and special events)(Brief Article)
January 1, 2002... Wax those skis. It's time for the 2002 Annual Ski Fest sponsored by Subaru of America and the Cross Country Ski Areas Association (603-239-4341; www.xcski.org), January 5-6, at Izaak Walton Inn (406-888-5700) in Essex, Montana. Hit the trails...

Wealth Building Journal: A Day-by-Day Journey to a Brighter Future, a Better You: a journey to building wealth: your day-by-day guide to prosperity is a pen stroke (and a bookstore) away. (B.E. Books).(book on financial planning; includes other notes)(Brief Article)
January 1, 2002... Our Managing Editor Kenneth Meeks remembers sitting in his friend's kitchen 10 years ago bantering with him over money matters--and their lack of cash. At the time, Meeks owed the IRS more than $3,000 in back taxes; his friend, Joe, owed a...

A career booster. (Next Month).(Brief Article)
January 1, 2002... It's time to recharge your career, and our February issue is just the boost you need. Although finding jobs in this post-boom, post-tragedy economy isn't easy, we'll show you that there are opportunities all around you. Several industries are...