Black Enterprise articles from May 2003

Black Enterprise archives from May 2003

Career spotlight. (Web Features).(Brief Article)
May 1, 2003... During this economy, we are experiencing the best and the worst of times. But while corporate downsizing is making for a bleak future, there are still career opportunities to be found. Visit our online Career Center today to find positions that...

Gizmos and gadgets. (Web Features).(Brief Article)
May 1, 2003... After reading about the latest gadgets in the "BE Guide to Business Technology," visit blackenterprise.com for more information about how these products can make your business or personal life simpler. Learn what to look for when buying a...

Resource line. (Web columns).(solutions in the net)(Brief Article)
May 1, 2003... Whatever your professional or entrepreneurial needs, you can find advice at black enterprise.com. Interactive Media Editor Lewis' column provides useful resources for business owners, corporate executives, and budding investors, lewisl@...

Read the fine print. (Web columns).(Brief Article)
May 1, 2003... Want to know what's going on with the black business community? Business Editor Hughes tracks the progress of the BE 100S and gives insight into issues affecting African Americans on Capitol Hill. hughesa@ blackenterprise.com

Franchise finder.(Brief Article)
May 1, 2003... Want to become an entrepreneur but don't know where to start? Use our FREE Franchise Finder[TM], your ultimate business start-up resource, to locate franchise and business opportunities. Select franchises that interest you based on the category...

Free Microsoft money 2003.(Brief Article)
May 1, 2003... ShareBuilder and blackenterprise.com are offering investors a unique and innovative way to invest online through automatic, recurring, dollar-based investments. With this limited time offer, we'll send you a free copy of Microsoft Money...

The other affirmative action. (Publisher's Page).(Editorial)
May 1, 2003... In January, shortly after the U.S. Supreme Court announced it would decide whether universities could use a point system that favored minorities in its admissions process, President George W. Bush threw himself into the debate over affirmative...

About this issue.(Editorial)
May 1, 2003... Mega-broadcasters are gobbling up radio stations nationwide, leaving the unique voice of independent, black-owned radio in serious peril And Michael Powell, the lone black commissioner at the Federal Communications Commission, is making matters...

Find your calling. (Letters).(Letter to the Editor)
May 1, 2003... "IS YOUR CAREER YOUR CALLING?" IS A question I answered for myself just months before this article was published in BLACK ENTERPRISE. For me, the answer was a resounding no! Reading this article was additional confirmation, and I proceeded to...

Useful & inspiring. (Letters).(Letter to the Editor)
May 1, 2003... BLACK ENTERPRISE SEEMS MORE LIKE A friend than a publication to me. You see, my first exposure to BE was in the early '70s, when I was just a teen. I am very grateful for the positive and enlightening stories and messages, you've produced over...

Top 50 challenge. (Letters).(Letter to the Editor)
May 1, 2003... THANK YOU FOR YOUR LISTING OF THE Top 50 Colleges for African Americans. I appreciate your efforts to provide a valuable resource for families and people who want to further their education. As an alumna of Northwestern University, I was...

Dreams reborn. (Letters).(Letter to the Editor)
May 1, 2003... I AM THE MOTHER OF A 13-YEAR-OLD SON. One day while I was on my way to work. I felt myself falling into a mode of depression. I was struggling to find my way out of it. I walked over to the newsstand and I began to glance over the magazines on...

Corrections.(Correction Notice)
May 1, 2003... The subject of the photograph for the article "A New Rival for BET?" (Newspoints, April 2003) was incorrectly identified. The subject is Scott Ft. Royster, executive vice president and chief financial officer at Radio One.

A shift from the left: study shows blacks drifting from Democratic Party. (Washington Report).
May 1, 2003... The Democratic Party has a problem. Republicans are riding high with a popular president, and GOP majorities control both houses of Congress. And after a trouncing last November's elections, the Democrats' expectations for a 2004 comeback have...

Raines bullish on housing: Fannie Mae CEO unconcerned about potential bubble. (Newsmakers).(Franklin D. Raines, Federal National Mortgage Association)
May 1, 2003... Franklin D. Raines has a lot to smile about. In mid-January, the Federal Mortgage Loan Association, better known as Fannie Mae, accomplished something that's rather uncommon these days--increased profits. Operating net income for fiscal 2002...

A DOE deal: RS Information Systems lands IT contract. (B.E. 100s).(U.S. Department of Energy )
May 1, 2003... The U.S. Department of Energy (DOE) awarded RS Information Systems Inc. (RSIS, No. 24 on the 2002 BE INDUSTRIAL/SERVICE 100 list with $146.5 million in revenues) a $409 million contract--one of the largest ever awarded to a small business. ...

Lloyd Ward resigned as CEO of the U.S. Olympic Committee (USOC) amid accusations of ethics code violations and mismanagement. (Ward Resigns).(Brief Article)
May 1, 2003... Lloyd Ward (pictured above) resigned as CEO of the U.S. Olympic Committee (USOC) amid accusations of ethics code violations and mismanagement. The former Maytag CEO had been under investigation for allegedly trying to help a company with ties...

Former investment advisor Alan Bond was sentenced to 12 years and seven months in prison for stealing more than $6 million from his clients. (Ward Resigns).(Brief Article)
May 1, 2003... Former investment advisor Alan Bond was sentenced to 12 years and seven months in prison for stealing more than $6 million from his clients. The judge also ordered Bond to pay $6.5 million in restitution to his clients, including three pension...

Atlanta-based Capitol City Bank & Trust Co. (No. 21 on the 2002 BE banks list with $85.37 million in total assets) reported that it plans to expand into Savannah and Chatham County, Georgia. (Ward Resigns).(Brief Article)
May 1, 2003... Atlanta-based Capitol City Bank & Trust Co. (No. 21 on the 2002 BE BANKS list with $85.37 million in total assets) reported that it plans to expand into Savannah and Chatham County, Georgia. The company purchased a building in downtown Savannah...

The homeownership gap: blacks cite lack of knowledge, up-front costs as biggest obstacles. (Facts & Figures).
May 1, 2003... Homeownership is one of the keys to building wealth. And while the number of African Americans who own homes has risen in recent years, there's still a sizeable gap when compared to other racial groups. According to the U.S. Census Bureau,...

The challenges and advantages of longevity: WIM's 18 years of lessons can help guide your portfolio management. (Investment Clubhouse).(Women Investing Money)
May 1, 2003... It's not unheard of for an investment club to grow and prosper for decades. To. achieve long-term gains, it's critical for clubs to stay together for a significant period of time. As members become more astute and the amount of money under...

Searching for a pure portfolio: ALIC Investment Advisors' Drake J. Craig says strong sales and spic-and-span earnings will lead to growth. (Private Screening).
May 1, 2003... Portfolio manager Drake J. Craig senses the presence of a rebound, but he's not taking chances. Craig who is part of a team that invests $55 million for ALIC Investment Advisors, a subsidiary of Atlanta Life Financial Group (No. 3 on the BE...

Down, but not out: despite a battered portfolio, Randall R. Eley is optimistic about his value selections. (Stock Update).
May 1, 2003... Value investor Randall H. Eley says the current market conditions require investors to seek out companies that are trading at a discount to avoid major losses as the economy struggles to find its footing. Last year, the portfolio manager and...

Slick profits: the prospect of war has raised the fortunes of funds that track oil stocks. (Mutual Fund Focus).
May 1, 2003... We've had a cold, miserable winter. The Middle East is in turmoil, and the price of oil and gas is up. It all adds up to making it a great time for mutual funds invested in oil and natural gas shares. In short, 2002 was a banner year for...

Retirement income. (Ask B.E.).
May 1, 2003... Q When my father passed away recently, his home was paid off. Is now a good time to refinance and take equity out of the home? Is there a way to provide an income steam and retirement income? --R. Johnson Salem, New Jersey A If...

Playing to win: these ventures are growing through innovation and dedication. (Eight Annual Small Business Awards).(BE Small Business Awards)
May 1, 2003... Despite tough economic conditions, black-owned small businesses continue to grow--in fact, many are thriving. Each year; the editors of BE identify a dozen companies that have made a commitment to excellence regardless of economic woes. ...

B.E. guide to business technology: turbo charge your business. (Technology).
May 1, 2003... Countless things contribute to the success of a business and the technology you use is one factor. You may not need to go out and buy the hottest tools on the market; not every technology is for every business or for every businessperson. We...

Don't call us ... what can you really expect from executive search firms? (Making Connections).
May 1, 2003... They're often called headhunters. More accurately, they are executive search firms that typically fill senior-level positions at salaries ranging from $100,000 ,to more than $500,000. It's a great job-placement concept whereby a recruiter finds...

It's sweet at the top: Arnold Donald is the chairman CEO of Merisant Co. (From The Corner Office).
May 1, 2003... Arnold W. Donald enjoys developing sweet Deals whenever he can find them. While A senior management executive at Monsanto, an international biotechnology firm, Donald put together the Merisant Investment Group, which purchased the tabletop...

Get focused. (Since You Asked).(Brief Article)
May 1, 2003... I am a 27-year-old male who has been trying to get my career started. Since 1999, after I graduated from Grambling State University, I have taken jobs outside my field only because I had to make a living. I am willing to relocate. I am willing...

Sodexho Health Care Services' Western Region. (On The Move).(Brief Article)
May 1, 2003... Calvin Johnson has been named vice president of Sodexho Health Care Services' Western Region. He is responsible for $600 million in annual volume across 16 states, with more than 6,000 employees. Sodexho is a leading provider of food and...

H.J. Russell & Co. (On The Move).(Brief Article)
May 1, 2003... Scott C. Johnston has joined H.J. Russell & Co. (No. 14 on the 2002 BE INDUSTRIAL SERVICE 100S list) as director of real estate development. The company, based in Atlanta, is the largest minority-owned real estate developer/builder/manager in...

Verizon Comminications. (On The Move).
May 1, 2003... Jerri DeVard has been named senior vice president of brand management and marketing communications for Verizon Communications. She will be responsible for leading corporate-wide initiatives for the Verizon brand worldwide and will manage...

Booz Allen Hamilton. (On The Move).(Brief Article)
May 1, 2003... Reggie Van Lee has been elected senior vice president at Booz Allen Hamilton, the strategy and technology-consulting firm. He is the market leader for the company's communications, media, and technology business in the U.S., specializing in...

Eyewitness News KPIX-TV. (On The Move).(Lori Waldon)(Brief Article)
May 1, 2003... Lori Waldon has been named managing editor of Eyewitness News KPIX-TV in San Francisco. She will be in charge of Channel 5's newsgathering efforts with direct responsibility for the work of the reporters. An Emmy award recipient for...

Convention calendar. (Powerplay).(Calendar)
May 1, 2003... * International Business Development Consortium Inc. May 12-16 Washington, D.C. 202-857-9723 www.ibds-ltd.com * Black Enterprise/Microsoft Entrepreneurs Conference May 14-18 Nashville, Tennessee 80O-543-6786...

The sisters who save: Patricia and Regenia Washington prove that pooling financial resources pays big dividends. (Black Wealth Initiative).
May 1, 2003... PATRICIA WASHINGTON AND HER SISTER REGENIA HAVE fond childhood memories of trips to the bank with their mother. In their hometown of Marshall, Texas, those weekly trips taught the sisters a lesson about saving money that has lasted a lifetime....

Young, single, and free of debt: Tiffany Hall is securing her retirement by saving, using smart tax management, and debt-free living. (Family Finances).
May 1, 2003... TIFFANY HALL BEADS A LOT OF ARTICLES ABOUT PEOPLE who earn less money than she does, yet seem to be better off financially. "The individuals in those articles had accumulated assets such as homes, rental property, and investments," explains the...

Battle for the airwaves! Mega-broadcasters are squeezing independent black radio stations into extinction. How will they survive the war, and what does it mean for you? .(Cover Story)
May 1, 2003... FOR WILLIAM SAUNDERS, DEREGULATION OF THE AIRWAVES HAS BEEN A DISASTER. The 68-year-old entrepreneur toiled in the radio business for more than 30 years. He had been part owner of Charleston, South Carolina-based WPAL-AM since 1971 and, by...

Refinance your mortgage now: there's still time to take advantage of the lowest home mortgage rates in 30 years. (Real Estate).
May 1, 2003... ALWAYS THE BUSINESSMAN, CHARLES DAVID MOODY JR. OF Atlanta was motivated to find a way to use falling interest rates to boost disposable income. His decision: to refinance the remaining $450,000 on his 30-year, fixed-rate loan with a 7.25%...

In Tennessee diversity makes all the difference.
May 1, 2003... PORTER-WALKER The owners of Porter-Walker, a 95 year-old Columbia, Tennessee company that distributes industrial tools and safety supplies such as hard hats, earplugs and eyewear, were fast approaching retirement four years ago. They...

On the cutting edge: who will lead the next tech revolution? B.E. takes a look at entrepreneurs, researchers, and scientists inspired to change the way we work and live. (Black Digerati).
May 1, 2003... AFRICAN AMERICANS HAVE ALWAYS BEEN AT THE FOREFRONT OF technological advancement--from developing the first stoplight to perfecting the long-range telephone transmitter. And the Black Digerati we feature here are no exception. Working on the...

From corporate African American executive to franchisee ... making it happen! (Special Advertising Section).
May 1, 2003... We all became very spoiled during the economic boom of the late '90s. Corporate opportunities were a reality that we all took advantage of and enjoyed. No matter the career path you chose, more than likely with the right educational and...

A soulful journey. (Special Advertising Section).
May 1, 2003... Stop for a minute. Close your eyes. Take a breath. Now slowly breathe out. With your eyes still closed, envision that idyllic place that calms your spirit and soothes your soul. Now open your eyes, start planning and get there. When your...

The healing power of laughter: liberal doses of humor are a proven prescription for wellness. (Attitude Enhancement).
May 1, 2003... In the winter of 1997, Terri James got an early morning call bearing the type of news we all dread most: Her mother was dead. And she had killed herself. As if that wasn't enough, an ensuing legal battle over her mother's estate put James...

Faith--and works. (Help Yourself).(Brief Article)
May 1, 2003... I am an art teacher, and I don't want to teach any longer. I've decided to move to a new city and follow my dream of creating and selling my own work. My dilemma is this: I'm having difficulty understanding where to start--I don't know how to...

At your fingertips: an Internet health guide. (Consumer Life).
May 1, 2003... When you're a busy executive or just work like one, impossible schedules and multiple demands on your push caring for yourself to the bottom of your to-do list. If you travel, it can be even more challenging to mind your health and nurture your...

Have it your way ... or file a complaint. (Buying Power).(decline in customer service)
May 1, 2003... They really inconvenienced me," says Brenda Campbell about American Airlines. On a return Trip from St. Croix to John F. Kennedy Airport in New York City, what was supposed to have been a brief layover wound up being an eight-hour wait in an...

Something for baby: circus offers one free ticket for your child. (Priceless Resources).(Ringling Brothers and Barnum and Bailey Circus and Combined Shows Inc.)(Brief Article)
May 1, 2003... Children love the circus. And if you have a newborn, Ringling Bros. and Barnum & Bailey offers an opportunity to enrapture him or her for free. If your child is less than 12 months old and lives in the continental United States, sign up for a...

Kitchen and bath makeover. (Ask Your Advocate).(Brief Article)
May 1, 2003... Q I am interested in remodeling my kitchen and bathroom. How do I go about finding reputable remodelers and interior designers? --D. Thomas Via the Internet A Aside from being an aesthetic and a functional thrill, enhancing your...

Showing off: account executive spends lunch breaks preparing for bodybuilding competitions. (Personal Passions).(Ronald J. Horton )
May 1, 2003... He can still hear what his date told him more than 20 years ago as clearly as if she'd said it yesterday: "You need a chest." Growing up, Ronald J. Horton was a naturally skinny kid who was into sports and fitness. But as he grew, he...

Don't miss out! Entrepreneurs Conference teaches new rules for business. (B.E./Microsoft Entrepreneurs Conference).
May 1, 2003... Spring is here. And what better way to start anew with the season than to attend the Black Enterprise/Microsoft Entrepreneurs Conference, May 14-18, 2003, at the Gaylord Opryland Resort in Nashville, Tennessee. The event is right around the...

The next generation of titans. (Our Next Order of Business).(BE INDUSTRIAL/SERVICE 100)
May 1, 2003... Four years ago, this magazine profiled a new generation of CEOs who were redefining and conquering our nation's largest black-owned businesses with sheer sweat, blood, guts, and pain. What a difference four years makes. Although many of these...