Black Enterprise articles from October 2004

Black Enterprise archives from October 2004

The results-driven legacy of HBCUs.(Publisher's Page)(Historically Black Colleges and Universities)
October 1, 2004... Earlier this year, I was honored with the Business Pioneer Award from the 50th Anniversary Commemoration Committee for Brown v. Board of Education. Throughout 2004, there have been numerous events remembering the landmark Supreme Court ruling...

The experience of a lifetime.(About This Issue)
October 1, 2004... We can have in life but one great experience at best, and the secret of life is to reproduce that experience as often as possible." Unlike the character Lord Henry in Oscar Wilde's The Picture of Dorian Gray, we don't believe in settling for...

Hoop dreams and beyond.(Letter to the Editor)
October 1, 2004... I agree with BLACK ENTERPRISE Publisher Earl Graves that young athletes are setting themselves up for possible long-term failure by jumping from high school to professional basketball ["Bypassing Education for NBA Wealth," Publisher's Page,...

Phenoms should be free to fail.(Letter to the Editor)
October 1, 2004... IT IS AMUSING THAT A MAGAZINE DEDICATED TO FOSTERING entrepreneurial drive among its readership should support the idea of risk aversion among athletically gifted teenagers. BE Publisher Earl Graves and NBA Commissioner David Stern are both...

Don't hate the player.(Letter to the Editor)
October 1, 2004... I was flipping through your magazine and became very annoyed when I read the Publisher's Page by Earl G. Graves Sr. ["Bypassing Education for NBA Wealth," July 2004]. He radically tried to discredit all of the young black men seeking to play...

Skip school? That's cool.(Letter to the Editor)
October 1, 2004... EVEN THOUGH I ADMIRE THE GROUND EARL GRAVES WALKS ON BECAUSE of his inspiration, persistence, and determination, I disagree with the notion that black basketball athletes should enroll in college and forgo the NBA. We don't go to college...

Former B.E. 100s CEO convicted: jury finds Nathan A. Chapman guilty on 23 fraud counts.(B.E. 100s)
October 1, 2004... Former star investment banker Nathan A. Chapman, who started the country's first black-controlled, publicly traded financial services firm, was convicted of fraud on Aug. 12th. Over 11 days, the federal jury in Baltimore heard testimony...

Every vote counts but will every vote be counted? Will the parties protect or reject black votes?(National News)
October 1, 2004... Determined not to have a repeat of the 2000 presidential election, civil rights groups, elected officials, and independent, legal teams are poised to challenge any hindrances to African Americans voting in 2004. The Congressional Black...

Nielsen's critics don't count.(Business News)(local people meters)(Brief Article)
October 1, 2004... Thanks to a June court victory, Nielsen Media Research is continuing to replace its 50-year-old paper diary television rating system with electronic "local people meters" (LPMs), despite the uproar from critics. The LPM controversy caused an...

7(a) program restored.(Washington Report)(Brief Article)
October 1, 2004... Following months of debate between congressional supporters of the Bush administration and bipartisan supporters of the 7(a) loan program, the House voted to restore funding to the Small Business Administration's most popular program. In July,...

Black investment trends: report ranks what buyers care most about.(Facts & Figures)
October 1, 2004... The stock market is one of America's greatest wealth-building engines. However, Carla A. Foster, vice president of Charles Schwab & Co. says blacks consider it far more risky than other investments. The 7th Annual Ariel-Schwab Black Investors...

Revamping a retirement plan: a retired military veteran and his entrepreneur wife are fashioning a better living.(Investment Strategies)
October 1, 2004... For 23 years Calvin and Jacqueline McGahee's marriage has been a wonderful ride. They married at 19 and 20 and have since journeyed all over the world, even living for eight years in Germany during Calvin's service in the U.S. Army. During all...

Financially sound: Robert McMillan of Standard & Poor's analyzes some banked profits in the financial sector.(Stock Update)
October 1, 2004... When Standard & Poor's analyst Robert McMillan agreed to provide BLACK ENTERPRISE with an exclusive portfolio of stocks last year, he told us that a slow economy doesn't always damage the productivity of every firm in an industry. He thought...

Asia rising: growth abounds as manufacturing and high-tech jobs shift to China and India.(Mutual Fund Focus)
October 1, 2004... There are two emerging heavyweight world economies: China and India. Together, the two are home to 2.3 billion people, three times as many as all the economically developed nations combined. Economic growth in these Asian nations has been...

The need for separate accounts: business owners and independent contractors need more than a personal bank account.(B.E. Basics)
October 1, 2004... When Margo Davidson started her sole proprietorship, Davidson & Company Marketing, in 1998, she set up a business account to track revenues and expenses and to present a professional image to both clients and suppliers. But during a few months...

Seeking greater yields.(Ask B.E.)(investments)(Brief Article)
October 1, 2004... Q I currently invest 10% of my salary in my 401(k) plan and 10% into savings, I'm looking for other options in which to invest that would yield greater profits as I am looking to buy a home in the next three to five years. Any suggestions? ...

Man with the golden touch: from creating album covers to producing commercial ads, a St. Louis designer's skills are in demand.(Making It)(Darrick Lee Warfield)(Biography)
October 1, 2004... Darrick Lee Warfield is honing his natural talents into a leading creative service company within the urban music industry. Goldfinger C.S. a three-employee, Atlanta-based firm with revenues of $300,000 in 2003 and a projected gross of $500,000...

Interiors by design: how one woman went from handling direct mail to designing home interiors.(Making It)
October 1, 2004... When Dennese Guadeloupe Rojas was laid off from her production position at a direct mail company in the late '80s, she was disappointed about losing a job but she viewed it as a "golden opportunity" to pursue her life's passion. "Often when...

School is in for entrepreneurs: continuing education courses abound. Here's how to pick the right one.(Management Advice)
October 1, 2004... Judi Henderson-Townsend is in a business where role models and industry associations are hard to come by. As owner of Oakland, California-based Mannequin Madness, Henderson-Townsend sells new and used mannequins at a discounted price. Before...

Upping the minimum wage: small business bust or low-income boost?(Small Business News)
October 1, 2004... Businesses surviving on slim profit margins have another uncertainty to factor in to bottom-line projections. The U.S. Senate to vote on legislation sponsored by Sen. Edward M. Kennedy (D-Mass.)that would raise the federal minimum wage from...

Inside or out?(Savvy Solutions)(Brief Article)
October 1, 2004... Q I started a business not too long ago, and I was wondering whether I should look into hiring additional staff or just outsource everything we can't do internally. What are the pros and cons of outsourcing? --T. Easley Via the...

Taking technology curbside and beyond: Wyndham's tech guru speeds things up so clients can slow down and relax.(Black Digerati)(Wyndham International Inc.)
October 1, 2004... There are no long check in lines snaking through the lobby of Wyndham International Inc.'s upscale hotels and resorts, Instead, guests are met curbside by handheld-toting employees who use a wireless service to check them in and whisk them off...

Parlez-vous e-commerce? Here's how to give your Website international appeal.(Web Business)
October 1, 2004... Your Website may be popular, but if you're not reaching out to foreign customers, you're missing out on a world of business opportunities. According to research firm IDC, more than $900 billion in Internet spending was projected to take place...

Being big brother: shh ... spy tool helps you snoop undetected.(B.E. Reviews)
October 1, 2004... With Spector Spyware for Mac, it is now easy to track the computer use of employees, family members, or even unwanted users of your computer. Providing full picture recording and playback of your machine's daily activity, this application is an...

Back it up.(Cyberwise)(Brief Article)
October 1, 2004... Q I'm looking for a back-up and storage solution for my small business and I'm thinking about doing it all online. Do you think this is a good idea? --R. Scott Washington, DC A The short answer is not Although online storage and...

Looking at it another way: recovering from past career mistakes is possible.(Making Connections)
October 1, 2004... Relying on his intellect, charisma, and self-admitted arrogance, Eric Callahan was making between $7,000 and $20,000 a month in 1992 as a broker with the now-defunct Hanover Sterling. "It was a very intoxicating feeling of power. There was no...

Getting to and through the first job: strategic planning can make you more successful and confident as a young professional.(Making Connections)
October 1, 2004... By the time they've graduated college, most students have spent almost two decades in school--studying concepts, delivering presentations, and then deciding on how to use this information to develop a career. A solid education is...

Class work.(Since You Asked)(at-risk children)(Brief Article)
October 1, 2004... Q I am working on my master's in adult education and distance learning. For my license in school counseling from John Carroll University, I wrote an intervention for at-risk children. In this blue-collar city, many are not receptive to...

Fisk University.(On the Move)(Hazel O'Leary appointed)(Brief Article)
October 1, 2004... 1 Hazel O'Leary has been appointed president of Fisk University. O'Leary will work with faculty, the administration, and the board of trustees to create a new vision for the university. She strives to improve the university's science and...

People Energy Corp.(On the Move)(Desiree Rogers appointed)(Brief Article)
October 1, 2004... 2 Desiree Rogers has been named president of Peoples Energy Corp.'s utility subsidiaries Peoples Gas and North Shore Gas. She will administer field operations, gas supply management, and customer service for the billion-dollar company. Rogers...

Warner Music Group.(On the Move)(Kevin Liles appointed)(Brief Article)
October 1, 2004... 3 Kevin Liles has been named executive vice president of Warner Music Group in New York. Liles brings 15 years of expertise in urban and rock music genres as well as marketing and brand extension to WMG's corporate operations. He began his...

TXU Corp.(On the Move)(Kim Rucker appointed)(Brief Article)
October 1, 2004... 4 Kim Rucker is the newly named senior vice president, corporate secretary, and chief governance officer for TXU Corp. in Dallas. She is responsible for leading the company's compliance with the SEC, NYSE, and all government mandates and...

McGuire Woods L.L.P. Labor and Employment Department.(On the Move)(Eric L. Barnum appointed)(Brief Article)
October 1, 2004... 5 Eric L. Barnum is the newly appointed partner in the Atlanta office of McGuire Woods L.L.P. Labor and Employment Department. In this new position, Barnum will handle employment litigation such as wrongful discharge, hostile environment...

Convention Calendar.(Brief Article)(Calendar)
October 1, 2004... A Million For Us/Mind Your Own Bizniche Oct. 7-9; Philadelphia; 267-226-0500; www.amillionforus.org North Florida Multicultural Symposium Oct. 14; Tallahassee, FL; 850-671-1230; www.targetnorthflorida.com The Music Industry Conference...

Budgeting with military precision: the Fergusons have armed themselves with a long-term strategy for running their finances.(Black Wealth Initiative)
October 1, 2004... AARON AND MELANIE FERGUSON HAVE taken solid steps toward building the $1 million retirement cache they are determined to create in 20 years. Since they married 11 years ago, Aaron, 39, has faithfully put away at least 10% of his gross pay in an...

Surviving self-employment: Ellen Hendrix confronts what it's really like to make it on your own.(Family Finances)
October 1, 2004... IN LATE SPRING OF 2002, ELLEN HENDRIX lost her job. A video editor at the time, she had seen the "writing on the wall" in terms of business slowing down in the production division of the public relations firm where she worked. With the firm...

Favorite son: Barack Obama, America's latest political star, is expected to become the next black U.S. senator. Could his victory put him on the path to the White House?(Profile)
October 1, 2004... He gave the speech of his life. With grace and confidence, a relatively unknown Illinois state senator stood before a sea of cheering delegates at Boston's FleetCenter, home to this year's Democratic National Convention. In a electrifying...

Eight moves for your money: whether the economy picks up steam or fizzles, these investment tips will help keep your finances together.(Money Management)
October 1, 2004... Interest rates are rising, the stock market is sliding, and the economy seems like it should be taking off, but it hasn't. With so much uncertainty, how can you be sure that you're making the right financial decisions to protect yourself from a...

Investing outside the U.S.(Investment Roundtable)
October 1, 2004... The United States' economic recovery, which seemed to be a foregone conclusion in the spring, hit a summer swoon that virtually erased all of the gains that the Dow Jones Industrial Average, Nasdaq, and S&P 500 indexes had amassed during the...

Shifting fortunes: with the stock market ready to pick up steam, it may be wise to reposition your portfolio for future growth. We offer a selection of 90 funds to choose from.(Mutual Fund Overview)
October 1, 2004... THINGS COULD BE BETTER... BUT THEY could be a lot worse, too. That was the state of mutual funds in mid-2004. As of the end of Nay, stock funds were up a trifle and bond funds had lost a little ground. Considering the geopolitical turmoil and...

Getting on the road toward financial freedom: there are several basic steps that anyone can take to reach economic empowerment. Here are three of them.(Book Excerpt)(Excerpt)
October 1, 2004... DEBT, ACCORDING TO LYNNETTE KHALFANI, IS THE SINGLE WORST FOUR-LETTER WORD IN THE ENGLISH LANGUAGE. She describes it in her latest book, Zero Debt: The Ultimate Guide to Financial Freedom (Advantage World Press; $14,95) as "the longest-lasting...

Build a better business: new developments in technology--and better use of the tried and true--will help you take your business to the next level.(Business Technology)
October 1, 2004... HOW DOES YOUR BUSINESS LOOK TO CUSTOMERS? ARE you still storing client contact information in a Rolodex--or worse--on 3"x4" cards? Do you have a corporate-grade voice mail and call forwarding system? Or does your business sound more like a...

Blazing new trails: Black Enterprise's Small Business Award recipients continue to break new ground in entrepreneurship.(America's Best Small Businesses)
October 1, 2004... THE ALLURE OF business ownership continues to entice many Americans in light of the thorny job market, the lack of security, and a greater desire for professional independence. Although business owners are emerging from every corner of the...

50 best colleges for African Americans: a solid education, matched with the right opportunities, creates successful collegians: here are some strategies students should employ as they move from the college campus to the corner office and beyond.
October 1, 2004... Attending college is a rebirth of sorts. You're smart, ambitious, young, and for the first time in your life, you get to do things your way. Heather Booker's chapter in her family's Hampton University story began when she was 6 months old....

Making it to the top: what does it take???(career development)(Advertisement)
October 1, 2004... Jeffrey D. Powell's career has taken him from management trainee to vice president with a comfortable compensation package and an assistant in just six years, Now an officer with J.P. Morgan Chase Inc.'s personal financial services group in...

Novartis Pharmaceuticals Corp.(Eddie Williams)(Advertisement)(Biography)
October 1, 2004... Eddie Williams VP of Sales, Respiratory & Dermatology Novartis Pharmaceuticals Corp. Born and raised in Robinson, West Virginia, Eddie grew up in a financially challenged, but extremely supportive family. His parents instilled a...

FBI: the changing face of today's FBI: more agile multifaceted, expanding its commitment to diversity hiring.(Special Advertising Section)(Federal Bureau of Investigation)(Advertisement)
October 1, 2004... Mark S. Bullock Assistant D/rector of the FBI's Administrative Services Division Mark Bullock is a certified public accountant who grew up in the housing projects of Chicago in the 1960s. As Assistant Director, he is responsible...

CIA: diversity is our strength.(Advertisement)
October 1, 2004... At the Central Intelligence Agency, workforce diversity is a mission imperative. On the international stage, we are the eves and ears of the nation and, at times, its hidden hand. In order to collect intelligence that matters, to provide...

Pitney Bowes Inc.(Advertisement)
October 1, 2004... Diversity is a hallmark of Pitney Bowes' heritage. Indeed, some have said that diversity is part of the company's DNA given the commitment it has demonstrated to diversity for over six decades. That commitment to diversity has been one of the...

Office of Personnel Management.(Special Advertising Section)(Brief Article)(Advertisement)
October 1, 2004... Kay Cole James Director Office of Personnel Management As President George W. Bush's principal advisor in matters of personnel administration for the 1.8 million members of the Federal civil service, U.S. Office of Personnel...

Scripps Networks: the power of mentoring to be a mentor is to be looked upon for wise guidance and counsel.(Special Advertising Section)(Advertisement)
October 1, 2004... Bob Gerrard Executive Vice President and Genera/Counsel Scripps Network Bob Gerrard, executive vice president and general counsel at Scripps Networks, which owns Home & Garden Television, Food Network, DIY--Do It Yourself...

CUNY Graduate Urban Professional Programs.(Advertisement)
October 1, 2004... Offer Real World Interdisciplinary Learning When a tearful and terrified woman walked into the Battered Women's Legal Rights Clinic operated by the CUNY School of Law at Queens College, third year law student Farhid Sedaghatpour felt...

Spelman College: Spelman leads the way for women of color.(Brief Article)(Advertisement)
October 1, 2004... Dr. Jane E. Smith Executive Director Spelman College Center for Leadership & Civic Engagement Spelman College alumna, Dr, Jane E. Smith, understands the critical issues facing women of color and leadership in the 21st century....

African-Americans are finding career fulfillment by going back to school with assistance from the PhD project.(Special Advertising Section)(Advertisement)
October 1, 2004... A growing number of African-American professionals are finding career fulfillment not in the corner office of the executive suite, but in the cluttered office of the academic. The PhD Project, a multi-million dollar diversity effort...

Purdue University.(Brief Article)(Advertisement)
October 1, 2004... INTERNATIONALLY RANKED MBA PROGRAM?--Unique scheduling of six two-week residencies spread across twenty-two months allows participants to meet their educational goals while fulfilling their job responsibilities. Internet access allows...

The Fuqua School of Business.(Brief Article)(Advertisement)
October 1, 2004... As an innovator in educational content delivery and a leader in the integration of global issues throughout its programs, Duke University's Fuqua School of Business has quickly become an established world leader among MBA and executive...

Michigan Business School: developing leaders in thought and action.(Brief Article)(Advertisement)
October 1, 2004... The University of Michigan Business School seeks to create leaders in thought and action who are ready to solve challenging, multidisciplinary issues facing society. Michigan's distinguishing feature is the ability to bridge scholarly theory...

North Carolina A&T University.(Brief Article)(Advertisement)
October 1, 2004... * Established in 1891, N.C. A&T is a public, comprehensive, land-grant university in the University of North Carolina System (UNC). * One of the largest producers of African American Certified Public Accountants in the nation; one of only...

Hampton University.(Brief Article)(Advertisement)
October 1, 2004... At Hampton University, we are shaping dreams and creating the leaders of the future. For over a century, Hampton University has been recognized as a leading institution of higher learning. Our remarkable history, outstanding reputation,...

Clean up your act! personal hygiene can hamper or help your success.(Peak Performance)
October 1, 2004... After completing a lecture on business social skills, Hadiyah Dansby Davis graciously stepped down from the podium and approached the chair of the next presenter, an impeccably dressed woman. As the woman rose from her seat, a horrendous body...

Be a good politician: developing strong campaign skills can bring you rewards in any arena.(Attitude Enhancement)
October 1, 2004... They called him Mr. Politician. He fluttered around the office like a bee to honey, laughing, joking, and negotiating with co-workers to align with his train of thought--from the latest movies to the best restaurants. And when the time came to...

Can you help me? Asking for assistance isn't always easy, but doing so can help you reach another level.(Attitude Enhancement)
October 1, 2004... Think of a time when you wanted to do more with your life, but had no idea where to begin. Aside from setting goals and planning a strategy, it might be fruitful to ask for help. "You can read books and go to seminars, but if you're not...

Work it out! Great physical health leads to mental well-being.(Peak Performance)
October 1, 2004... Tanika Ray leads a rigorous work life that includes hosting the Lifetime channel's Head 2 Toe makeover show in Los Angeles and acting as a full-time New York-based special correspondent for the entertainment television program Extra. What keeps...

The next Antwone Fisher?(Help Yourself)(Brief Article)
October 1, 2004... Q I am a 19-year-old sailor in the U.S. Navy. I have been crazy about the film business since I was 12 years old. I believe I have an extraordinary talent, yet I'm very confused about the road to take to make it into the business. --T....

Car buying 101: buying a new car in a few simple steps.(Buying Power)
October 1, 2004... All too often, many of us go to the dealer with the idea that we'll get the best deal for our money, only to be tricked and manipulated into paying more or buying a model that we don't want. In tact, African Americans consistently overpay--an...

Giving back: making wise decisions for your charitable donations.(Consumer Life)
October 1, 2004... Americans donated an estimated $240.72 billion in charitable contributions last year, according to Giving USA 2003. a publication researched and written by the Center an Philanthropy at Indiana University. In fact, researchers found that over...

Before you sign on the dotted line ... check the company's credentials with online resources.(Consumer Life)
October 1, 2004... When attorney Michelle Phillips moved from Columbia, Maryland, to Dallas last November, she didn't think that having her car shipped across the country would be her biggest headache. She found a company that claimed it had a large fleet of...

Work-at-home scheme.(Ask Your Advocate)(Brief Article)
October 1, 2004... Q I was ripped off by a work-at-home business, but when I tried to return the package, it was refused. I So I put it in a new box and mailed it again at my expense. I filed a complaint with the U.S. Postal Inspection Service and the BBB,...

The doll maker: Cozbi Cabrera breaks the mold.(The Enthusiast)(Brief Article)
October 1, 2004... Her one-of-a-kind-kind creations are made of cloth detailed with beading, paint, and hand-rolled hems. Her ideas come "from the heart and hand, which take shape and show up as a doll." It's how 41-year-old Cozbi A. Cabrera describes her passion...

Feeling at home: a couple in Umbria offers an intimate Italian experience.(Travelogue)(Il Regalo Tours)
October 1, 2004... Tuscany's trademark rolling hills and laid-back lifestyle represent the Italy that weary souls often dream of. But Umbria, the adjoining central Italian region, best known as the home of St. Francis of Assisi, offers equally picturesque charm...

By the time you get to Phoenix: Michael Kelly shows off his town.(City Profile)
October 1, 2004... Phoenix is in many ways still the wide open West for African Americans, says Michael Kelly, manager of Kelly Consulting Alliance L.J.C. "If you're cerebral at all, you can ascend to real heights here because of the accessibility to industry....

Leather bound: Jim Metellus on preserving a fashionable fabric.(In Fashion)
October 1, 2004... Unlike mohair and go-go boots, some fashion looks never go out of style or out of season. Take leather, for example Versatile and stylish, leather is getting printed, embossed, stamped, and boldly Colored across product categories this season....

Hot cars, hotter sounds.(Jazz Festival)(Audi/Black Enterprise Jazz Festival)(Brief Article)
October 1, 2004... Get set for a heat wave in Houston on Oct. 2, 2004, when Audi of America Inc., one of the world's leading manufacturers luxury performance ears, and BLACK ENTERPRISE, the premier business news source for African Americans, team up to present...

Last chance to save on the slopes.(Ski Challenge)
October 1, 2004... This is your last chance to save $200 when you register for the 2005 Black Enterprise/AXA Advisors Ski Challenge. Celebrating its seventh year, the ever-popular Ski Challenge takes place Feb. 16-21, 2005, at the Vail Cascade Resort & Spa. Early...

The reality of credit ratings.(Next Month)
October 1, 2004... Over the years, BLACK ENTERPRISE has encouraged our readers to be conscious consumers who focus on retaining exceptional credit, making intelligent investment decisions, and exploring other financial and entrepreneurial endeavors. It is...