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Black Women Represent Fastest-Growing Group Of Entrepreneurs In U.S.

Black businesswoman in conference room with co-workers
(Source: Getty Images)

A new report shows that the number of businesses owned by African-American women has grown 332 percent since 1997, according to Fortune magazine.
The recently published study, 2015 State of Women-Owned Businesses Report (pdf), commissioned by American Express Open, shows that the overall number of female-owned businesses grew by 74 percent between 1997 and 2015, which is 1.5 times the national average.
From Fortune:

Women now own 30% of all businesses in the U.S., accounting for some 9.4 million firms. And African American women control 14% of these companies, or an estimated 1.3 million businesses. That figure is larger than the total number of firms owned by all minority women in 1997, the report found.
“The only bright spot in recent years with respect to privately-held company job growth has been among women-owned firms,” according to the report. These businesses have added an estimated 340,000 jobs to the economy since 2007, while employment at companies owned by men (or with equally shared ownership) has declined…
The highest concentrations of black woman-owned businesses are in Georgia, Maryland, and Illinois, but African American women are launching companies in growing numbers across the country. In Detroit, where city leaders, foundations, and even President Obama have promoted entrepreneurship as an economic development tool, a tiny nonprofit is making outsize efforts at helping black women become business owners. Since it was formed in 2012, the Build Institute has graduated nearly 600 students from its eight-week courses, which teach the basics of starting and running a business, including such topics as money management and how to determine your break-even point. Nearly 70% of those students are women, and 60% of them identify as a member of a minority group.

This is a bit of good news that comes at a time when America is awakening from the slumber that has long tried to subjugate women of color in the workplace, and as progress in the so-called post-recession era appears to elude Black women. Congrats, sistas!
article by Lynette Holloway via newsone.com

Condoleezza Rice Performs "Amazing Grace" to Benefit the Troops (VIDEO)

Former Secretary of State Condoleezza Rice  (Photo: Curtis Compton) ccompton@ajc.com
Former Secretary of State Condoleezza Rice (Photo: Curtis Compton)

Condoleezza Rice is a woman of many talents, but among the most impressive is her piano playing. The former Secretary of State, who is a classically-trained musician, put her skills on the ivories to use for a good cause recently, collaborating with violinist Jenny Oates Baker for a rendition of “Amazing Grace” that is sure to cause the shedding of a few tears.
The duo recorded their version of the 236-year-old Christian hymn to benefit the Wounded Warrior Project, and the single was released on iTunes. “Amazing Grace has always held a special place in my heart,” Rice wrote on her Facebook page. “It seemed only appropriate to release the video in conjunction with the 4th of July weekend as we recognize the blessings we have in this country and the sacrifices of our servicemen and women for our freedom.”
Rice’s single comes on the heels of President Barack Obama performing the timeless hymn at the funeral of Reverend Clementa Pinckney, who was one of the victims of the Charleston Massacre.
As it has for more than two centuries, “Amazing Grace” continues to offer comfort in times of need.
Watch the beautiful rendition in the video below:

article by Evelyn Diaz via bet.com

Martin Luther King Jr. Statue to Replace White Supremacist on Georgia Capitol Grounds

MLK
The Rev. Dr. Martin Luther King Jr., one of the country’s most lauded citizens, will be finally honored by his home state with a sculpture on its capitol grounds.
Georgia Gov. Nathan Deal and Rep. Calvin Smyre (D-Columbus) announced this week that the state has selected artist Andy Davis to create the piece. The sculpture will be placed on the northeast quadrant of the Capitol grounds overlooking Liberty Plaza, replacing a likeness of 19th century politician and newspaperman Tom Watson, a white supremacist. Watson’s statute was removed from the Georgia Capitol lawn in November 2013, reports local station WMAZ-13.

“Placing a statue of Dr. King at the Capitol of his home state is a long overdue honor,” Gov. Deal said in a statement. “I am confident that Andy Davis’ past works, including a statue of Ray Charles in the singer’s hometown of Albany, have prepared him well for this historic project. I commend Rep. Smyre for his diligent efforts and leadership on this project and I look forward to seeing the final work of art.”

The new statue will be built with private money. Its final cost has not yet been determined, though estimates amount to $350,000 reports the Atlanta Journal Constitution.
Rep. Smyre, an African-American, said it was important that they chose a Georgian to do the piece. Lei Yixin, a Master sculptor from China, did King’s Memorial on the U.S. mall in 2011.
article by Angela Bronner Helm via newsone.com

Baltimore Plans To Equip Police Vans With Video Cameras After Freddie Gray’s Death

Protests in Baltimore over Freddie Gray
Source: Anadolu Agency / Getty

After a vociferous public outcry over the death of Freddie Gray, who suffered a fatal spinal cord injury in police custody this spring, Baltimore officials announced plans Wednesday to equip transport vans with video recording cameras, according to Reuters.
Baltimore Mayor Stephanie Rawlings-Blake said the change comes in the wake of protests after the death of 25-year-old Gray, who was fatally injured while being transported to lockup in a police van in April on an unspecified charge. Gray’s death sparked days of fiery protests over police brutality in the Black community.
From Reuters:

We’re working through a process that will place cameras with recording capabilities in the backs of all our police vans, to ensure that we have a more complete record of what occurs there,” Rawlings-Blake told reporters.
The van in which Gray was transported had a non-recording camera that the driver could use to monitor the passengers, but it was not working at the time.

Rawlings-Blake also announced plans to review riot gear used by police during the unrest, as some of it failed to work, the report says. She said the city needs working equipment so that police can respond if trouble breaks out following trial verdicts in the Gray case.
article by Lynette Holloway via newsone.com

U.S. Economy Adds 223,000 Jobs in June; Unemployment Rate falls to 5.3%

The American economy, this month entering its seventh year of recovery from the Great Recession, still has some legs: Employers in June added a solid 223,000 jobs across a broad spectrum of service industries.
But Thursday’s Labor Department report, released a day earlier than usual because of the Fourth of July holiday, showed that those legs are a bit wobbly. Workers’ earnings, after a promising increase in May, were flat last month.

In fact, many experts had been looking for an uptick in the labor force — those who are working or looking for work — as the unemployment rate has dropped and private-sector employers have added a decent batch of new jobs month after month. But instead, the so-called labor participation rate fell sharply last month to the lowest level since October 1977.
That drop, along with stagnant average wages, points to softness in the economy — and is likely to give Federal Reserve officials pause in raising interest rates this September, as many analysts had forecast.
“The 223,000 payroll numbers were nice, but outside of that, it was pretty flat,” said Harry Holzer, professor of public policy at Georgetown University. “Labor markets remain too weak to put consistent pressure on wages.”
The overall job growth in June was in line with analysts’ expectations and provided a reassuring sign that hiring had bounced back from the winter slowdown and remained steady at a time of rising global turmoil. The eurozone is in the throes of the Greek debt crisis, and China and other emerging economies are weakening.
Encouragingly, the hiring in June was broad-based. It was led by business and professional services, a group that includes high-paying engineers and computer designers as well as lower-wage temporary-help workers.
Retail, healthcare and finance businesses also added a healthy batch of jobs. But the energy industry continued to downsize; employment in manufacturing slowed, and construction and government were flat.

It's Official: Misty Copeland Becomes 1st Black Principal Dancer at American Ballet Theater

Prima Ballerina Misty Copeland (Photo via livetalksla.com)
Prima Ballerina Misty Copeland (Photo via livetalksla.org)

One of today’s most famous ballerinas just made history by becoming the first African-American woman to hold the position of principal dancer at the American Ballet TheaterMisty Copeland was promoted Tuesday after more than 14 years with the company, the New York Times reports. She spent eight of those years as a soloist, the Times points out.
Copeland, known for being vocal about the lack of representation and diversity in the company and in the realm of dancing in general, made the cover of TIME magazine just this year. She is also the subject of a documentary screened at the Tribeca Film Festival, the Times writes.  In addition to being known for a popular Under Armour ad, she has a base of followers on social media larger than some of Hollywood’s finest.
But it’s Copeland’s precision and elegant fluidity while she dances that compound her popularity. That and her tendency to make history — her new post as principal dancer isn’t the first time her name will be written in books. Just this month, Copeland became the first African-American woman to star in “Swan Lake” with the Ballet Theater, a performance so well-attended that cheers from the crowd reportedly stopped parts of the show.
From the NYT:

Ms. Copeland, who declined to be interviewed for this article, was unusually outspoken about her ambition of becoming the first black woman named a principal dancer by Ballet Theater, one of the nation’s most prestigious companies, which is known for its international roster of stars and for staging full-length classical story ballets.

“My fears are that it could be another two decades before another black woman is in the position that I hold with an elite ballet company,” she wrote in her memoir, “Life in Motion: An Unlikely Ballerina,” published last year. “That if I don’t rise to principal, people will feel I have failed them.”

This put an unusual public spotlight on Ballet Theater as it weighed the kind of personnel decision that, in the rarified world of ballet, is rarely discussed openly. If the company had not promoted Ms. Copeland, it risked being seen as perpetuating the inequalities that have left African-American dancers, particularly women, woefully underrepresented at top ballet companies.

Stella Abrera, Alban Lendorf, and Maria Kochetkova were all named principal dancers along with Copeland.
article by Christina Coleman via newsone.com

Obama to Unveil Plan to Bring Overtime Pay To 5 Million More Workers

uptown_barack_obama_2014

WASHINGTON — President Barack Obama this week will propose a plan to extend overtime pay to 5 million American workers who are currently excluded under federal law, according to sources.

The president will recommend updating overtime rules so that salaried workers who earn less than roughly $50,400 per year would be guaranteed time-and-a-half pay when they work more than 40 hours in a week. Under the current rules implemented by former President George W. Bush, salaried workers must earn less than $23,660 per year in order to be automatically eligible for overtime pay.
The president announced his intention to make overtime reforms last year, but the details of the plan have been kept secret until this week. The president is expected to discuss the proposal later this week during a visit to Wisconsin. Details of the proposal were first reported by Bloomberg.
In a blog post on The Huffington Post Monday night, Obama said that “too many Americans are working long days for less pay than they deserve,” and that his proposal would help assure that “hard work is rewarded.”
“That’s how America should do business,” the president wrote. “In this country, a hard day’s work deserves a fair day’s pay. That’s at the heart of what it means to be middle class in America.”

Charleston Council Renames Library To Honor AME Shooting Victim Cynthia Hurd

Cynthia Hurd, one of the nine churchgoers killed last week in the mass shooting at Emanuel AME Church, looks over a reproduction of the original of the Charleston Messenger found inside the John L. Dart Library in 2002. (Photo via postcourier.com)
Cynthia Hurd, one of the nine churchgoers killed last week in the mass shooting at Emanuel AME Church, looks over a reproduction of the original of the Charleston Messenger found inside the John L. Dart Library in 2002. (Photo via postandcourier.com)

Renaming the Charleston library she served for 30 years is a fitting tribute to Cynthia Hurd, one of the nine churchgoers killed during the Emanuel AME Church shooting last week.
The Charleston County Council unanimously voted on Thursday to rename the St. Andrews Regional Library the Cynthia Graham Hurd St. Andrews Regional LibraryThe Post & Courier reports. Hurd worked in the city’s library system from 1990 to 2011, before being given the managerial title at the St. Andrews Regional Library. Her husband Arthur called the commemorative title fitting for the woman who dedicated her life to books and helping others.

“People will look up and see her name and remember her every day,” Arthur Hurd said. “There have been nothing but good things said about her because that’s how she lived her life.”

Hurd was the longest-serving part-time librarian in the county. In a 2003 interview, she said the best thing about being a librarian was the chance to serve others. “I like helping people find answers,” she said. “Your whole reason for being there is to help people.”
Shortly after suspected gunman Dylann Roof took the lives of Hurd and eight others in Mother AME Emanuel Church last week, friends and former classmates from her alma mater, Clark Atlanta University, paid their respects with a candlelight vigil.
The College of Charleston also showed their gratitude to Hurd by renaming their academic scholarship the Cynthia Graham Hurd Memorial Scholarship. Formally known as the Colonial Scholarship, 12 full academic scholarships are handed out every year to in-state students.

The county also has set up a fund in her honor to continue her work. Those donations may be sent to Charleston County Public Library, c/o Cynthia Graham Hurd Memorial Fund, 68 Calhoun St., Charleston, SC 29401.

article by Desire Thompson via newsone.com

Episcopal Church Elects Michael Curry as its 1st African-American Presiding Bishop

Bishop Michael Curry of North Carolina, smiles after being elected the Episcopal Churchs first African-American presiding bishop on Saturday, June 27, 2015.
Bishop Michael Curry of North Carolina, smiles after being elected the Episcopal Church’s first African-American presiding bishop on Saturday, June 27, 2015. (AP Photo/Rick Bowmer)
The Episcopal Church elected its first African-American presiding bishop, choosing Bishop Michael Curry of North Carolina during the denomination’s national assembly Saturday.
Curry was elected in a vote by bishops at the Episcopal General Convention, the top legislative body of the church. Curry won among the bishops in a landslide, earning 121 votes. The other three candidates had 21 votes or less. The decision was affirmed on a vote of 800-12 by the House of Deputies, the voting body of clergy and lay participants at the meeting.
Curry will succeed Presiding Bishop Katharine Jefferts Schori, who will complete her nine-year term on Nov. 1. She was the first female presiding bishop and the first woman to lead an Anglican national church. The New York-based Episcopal Church is the U.S. body of the Anglican Communion, an 80-million member worldwide fellowship of churches with roots in the Church of England.
“We’ve got a society where there are challenges before us. We know that. And there are crises all around us. And the church has challenges before us,” Curry said in brief comments as he was introduced to the assembly as presiding bishop-elect. “We are part of the Jesus movement, and nothing can stop the movement of God’s love in this world.”

President Barack Obama Delivers Moving Eulogy for Rev. Clementa Pinckney, Brings Church to Its Feet By Singing "Amazing Grace" (FULL VIDEO)

President Barack Obama gives eulogy for state Senator and Reverend Clementa Pinkney in Charleston (photo via YouTube)
President Barack Obama gives eulogy for state Senator and Reverend Clementa Pinkney in Charleston (photo via YouTube)

President Barack Obama continues to lead this country with class and heart, delivering a touching and emotional eulogy for state Senator and Reverend Clementa Pinckney, an unfortunate victim in the tragic shootings at Emanuel AME Church in Charleston last week.  Obama spoke eloquently of the good works and commitment to community Pinckney had, and solemnly acknowledged by name each of the church members who lost their lives with Pinckney.  He then proceeded to talk about the history of the black church and the power of grace.

To the families of the fallen, the nation shares in your grief. Our pain cuts that much deeper because it happened in a church.  The church is and always has been the center of African American life… a place to call our own in a too-often hostile world, a sanctuary from so many hardships.
Over the course of centuries, black churches served as hush harbors, where slaves could worship in safety, praise houses, where their free descendants could gather and shout “Hallelujah…” … rest stops for the weary along the Underground Railroad, bunkers for the foot soldiers of the civil-rights movement.
They have been and continue to community centers, where we organize for jobs and justice, places of scholarship and network, places where children are loved and fed and kept out of harms way and told that they are beautiful and smart and taught that they matter.  That’s what happens in church. That’s what the black church means — our beating heart, the place where our dignity as a people in inviolate.
There’s no better example of this tradition than Mother Emanuel, a church…  built by blacks seeking liberty, burned to the ground because its founders sought to end slavery only to rise up again, a phoenix from these ashes.

Obama goes on to address the Confederate flag as a symbol of systemic oppression and racial subjugation, and calls getting rid of it as “one step in an honest accounting of America’s history. A modest but meaningful balm for so many unhealed wounds.”  To read a transcript of his incredible eulogy, which also forcefully addresses mass incarceration, police brutality, voting rights, gun violence and systemic racial bias, click here.  To see it in full, watch below:
[youtube https://www.youtube.com/watch?v=x9IGyidtfGI&w=560&h=315]
article by Lori Lakin Hutcherson (follow @lakinhutcherson)