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Posts tagged as “business”

Former Estee Lauder Executive Launches Organization For Black Business Women

By goodblacknews on December 23, 2012

via Black MBA Women's Facebook page

Daria Burke, a former Estee Lauder executive, has left her job to start a new program: Black MBA Women.

The stated goal on the organization’s website is to “create and reinforce a strong network of black women with top MBA degrees, and to empower the under-served post-MBA community by providing professional development content and programming, and access to relevant career opportunities.” The group is a membership organization that seeks to connect black women who are enrolled or have completed their studies at one of the nation’s top 25 business schools.

Before launching the program, Clutch reports, Burke was the director of make-up marketing at Estee Lauder. She points out that the CFO of that company, as well as executives at many others, are black women. Taken a step further, Black MBA Women wants to highlight the accomplishments of these women and encourage young black women to consider business school.

Beyoncé and Pepsi Ink $50 Million Endorsement Deal

By goodblacknews on December 11, 2012
Beyoncé at a Pepsi photo shoot in October. The images will appear early next year as life-size cardboard cutouts in stores.

Beyoncé at a Pepsi photo shoot in October. The images will appear early next year as life-size cardboard cutouts in stores.

Singer Beyoncé Knowles and Pepsi have agreed to a $50 million endorsement deal, according to the New York Times.  The agreement includes promotional appearances, a new commercial and an investment into a few of Beyoncé’s creative projects.

“Pepsi embraces creativity and understands that artists evolve,” Beyoncé said in a statement. “As a businesswoman, this allows me to work with a lifestyle brand with no compromise and without sacrificing my creativity.”

Dr. Dre Tops Forbes List of Highest Paid Musicians of 2012

By goodblacknews on December 1, 2012

Dr. DreDr. Dre is paid in full.

The ‘Ain’t Nuthin But a G-Thang’ rapper and producer ranked number one on a recently-released Forbes list of the world’s 25 highest paid musicians. He made an estimated $110 million between May 2011 and May 2012. Dr. Dre also topped the Forbes’ list of Hip-Hop earners in September.

The majority of Dr. Dre’s earnings comes from the sales of his line of headphones, Beats by Dre, rather than his music.

article via blackenterprise.com

 

 

“Around the Way” App Locates Black-Owned Businesses

By goodblacknews on November 30, 2012

Imagine having access to the more than 1.9 million black-owned businesses in the United States at your fingertips? A company called Around The Way, which is based in New York, teamed up with Washington, D.C.-based mobile-app development firm Clearly Innovative to create a mobile app that will locate black-owned businesses in your area.

The companies say they hope the Around The Way app will support and empower black-owned businesses, especially around this all-important Christmas shopping season. The app, which is available only for the Apple iPhone right now,can be downloaded from the Apple app store.

While the app doesn’t have all of the black-owned businesses in the U.S. yet, it does contain a substantial number and there’s a spot on the app’s website where you can add your business. “The app can locate 17,000 black-owned businesses in all 50 states. Many of the businesses are located in New York City, and other major metropolitan areas,” Eric Hamilton, chief marketing officer and co-founder of Around The Way wrote in an e-mail to The NorthStar News & Analysis.

Baltimore Launches Micro-Loan Program for Small Businesses

By goodblacknews on November 29, 2012

To help small businesses in the Baltimore area, Mayor Stephanie Rawlings-Blake is launching a micro-loan fund to assist owners in hiring and stabilizing their businesses. The program, named BaltimoreMICRO, will enable small businesses with under $1 million in annual revenue to apply for loans that range in amounts from $5,000 to $30,000. To be eligible for the BaltimoreMICRO program, businesses must be based in Baltimore City. The owner of the business must also have a personal credit score of 650 or higher.

“[Small businesses] bring residents together and create a buzz that attracts people from throughout the region,” Rawlings-Blake said in a statement. “We want that to happen in more of Baltimore’s neighborhoods, and we must do what we can to support that. Baltimore’s neighborhoods that have experienced growth and revival in the past few years are known not only for their unique homes and character, but also for their small businesses, including stores and restaurants.”

NBA’s No. 1 Selling Jersey Belongs to LeBron James

By goodblacknews on November 29, 2012

As if he wasn’t already having a good enough year, LeBron James can add another accolade to an already stellar 2012.

The reigning league MVP, Finals MVP, Gold medalist and NBA champion has the league’s top-selling jersey, it was announced by the NBA on Wednesday. Oklahoma City’s Kevin Durant follows at No. 2, and Kobe Bryant, who’s held the position six times since 2001, sits at No. 3.

The NBA also announced that NBAStore.com had its largest Cyber Monday in history, with at least a 10 percent sales increase from 2011. Adidas, the official apparel supplier for the NBA, released its Christmas Day game jerseys which is a likely cause for the boost in online sales.

Will.i.am to Launch Line of iPhone Accessories

By goodblacknews on November 25, 2012
Will.i.am carrying the i.am+ camera for iPhone 4 at the Ekocycle brand launch in New York in October

Will.I.am is set to launch a new line of accessories, named “i.am+,” for Apple’s iPhone.  The Black Eyed Peas star, who was hired as a creative director for technology firm Intel last year, has created a collection of hardware which he insists will transform the cell phones.

The first product from his “i.am+” line is an accessory that clips onto an iPhone and transforms the eight megapixel smartphone camera into a 14 megapixel camera, which dramatically enhances the clarity and definition of the photographs. Speaking to The Daily Telegraph, he says: “We have our own sensor and a better flash. You dock you phone into our device and it turns you smartphone into a genius-phone. We take over the camera.”

Ghanaian Tech Startup Wins Grand Prize In Global Competition

By goodblacknews on November 13, 2012

Ghana tech startup wins global prize in Global Tech CompetitionDropifi, a startup tech company from Ghana has taken the top spot in the 2012 Startup Open, beating 49 other competitors from around the world, including Canada.

“Each year, thousands of new startups come to life through their experiences in Global Entrepreneurship Week which officially starts today in 130 countries,” said Jonathan Ortmans, president of Global Entrepreneurship Week. “By winning the Startup Open, Dropifi is at the top of that list and has a very promising future.”

Dropifi is the result of an encounter that Dropifi’s team leader David Osei had while meeting a business executive.

“I requested his business card after a meeting and the piles of cards he had to wade through was enormous. He was looking for his card amongst others” he recounted. “In 2006 I conceptualized a mobile app that will help people to share, store and organize business cards better.”

Dropifi replaces “contact us” buttons with a smart widget that allows companies to analyze and organize incoming messages more efficiently. The widget allows companies to gather analytical data about the people sending the messages and whether the messages content is positive or negative.

Tattoo Artist Imani K. Brown Promotes Creativity and Craft in the Body Art World

By goodblacknews on November 7, 2012
Imani Brown Tuskegee Airmen Tattoo

One of the oldest and most prevalent cultural practices across the globe, tattooing has become increasingly popular in the African-American community. Yet while this group has demonstrated a growing affinity for receiving tattoos, the number of licensed black artists practicing the profession is much smaller by comparison. Add gender to the mix, and the number dwindles even further.

“I want to believe there are more of us [women], but so far, there are very, very few,” African-American tattoo artist Imani K. Brown, 32, told theGrio. ”I know about two in Detroit. That’s it.”  Being a black tattoo professional has placed the artist in a strange caste. “People think we’re on the darker side of life,” said Brown, referring to misconceptions about her line of work.  ”That we’re all rockstars and worship the devil.”

Yet, Brown is a trained artist who hails from Washington D.C.’s Pinz-N-Needlez Tattoo, one of the few black-owned and operated shops in the country. To add further distinction, she is documented as only the second licensed black female tattoo artist in America. She recently learned of the first accredited black female artist, 66-year-old Jacci Gresham of New Orleans, upon watching the new documentary Color Outside The Lines, by black tattoo artist Miya Bailey and filmmaker Artemus Jenkins. Brown is also featured in the film.

Regions Financial Partners with Historically Black Colleges and Universities

By goodblacknews on October 14, 2012


BIRMINGHAM, Ala.- Regions Financial (NYSE:RF) today announced the formation of the Regions HBCU Partnership, a collaboration with six Historically Black Colleges and Universities (HBCUs) in the Southeastern United States supporting financial education, academics, athletics, and alumni engagement.  The Regions HBCU Partnership kicks off during the fall of 2012 at the following institutions, with plans to expand the program to additional HBCUs in the future: