Black Enterprise https://www. Thu, 12 Mar 全民双色球大乐透下载安装 21:52:26 +0000 en-US hourly 1 Three Sisters Open Buffalo, NY’s First Black Woman-Owned Beauty Store https://www./three-sisters-open-first-black-woman-owned-beauty-store-in-buffalo/ Thu, 12 Mar 全民双色球大乐透下载安装 22:00:59 +0000 https://www./?p=657006 Three sisters have opened the first black female-owned beauty store in Buffalo, NY.]]>

It’s no secret the beauty industry is a multi-million dollar industry and that black women are a huge segment of the consumers. Despite their massive buying power, African Americans only account for 7% of beauty and hair supply store owners. One group of New York-based sisters has taken matters into their own hands.

Four years ago, Brianna Lannie, Danielle, and Lauren Jackson came together to start their beauty supply store in their 全民双色球大乐透下载安装town of .

With the help of a local non-profit organization called , the sisters opened their store on March 7. offers a wide variety of products for men and women. “We have a lot of variety of colors,” said Lauren. “Just a wide spectrum from glow-in-the-dark hair, to sparkle hair, pretty much anything you can think of that’s different we have it in our store, because we want to give something to our community that they can’t get anywhere else.”

The move made local history as the sisters became the first black female beauty store owners in the area. The store also runs a community initiative to feature products from other local entrepreneurs. Plus, every dollar spent in their store is used to support the neighborhood they grew up in.

‘We want them to know that to support us is supporting yourselves and your surrounding area, and we want them to shop with us,” Lauren said.

Coronavirus Outbreak Triggers Job Layoffs And Other Economic Effects https://www./coronavirus-outbreak-triggers-job-layoffs-and-other-economic-effects/ Thu, 12 Mar 全民双色球大乐透下载安装 21:00:04 +0000 https://www./?p=656983 CoronavirusThe fallout from the spread of the coronavirus is beginning to hit the job market as companies in America have begun laying off workers.]]> Coronavirus

The fallout from the spread of the coronavirus has sent the stock market into a downfall, the sports industry to a standstill, and is now beginning to hit the job market as more Americans are being laid off every day.

More than 140 drivers have been laid off from the Port of Los Angeles and others have been sent 全民双色球大乐透下载安装 without pay due to the grinding halt of cargo ships from China全民双色球大乐透下载安装. The travel industry has been hit hard by the spread. Flights have been canceled and cruise companies have suspended operations or increased safety measures. Additionally, travel agents are dealing with layoffs as companies try to save money.

According to , a stage-lighting company in Orlando has laid off more than 100 of its 500 workers nationwide in the past week with more layoffs coming.

Julia Pollak, a labor economist at ZipRecruiter, said more layoffs could be coming due to supply chains being shut down combined with people going out less often and spending less money.

“We will definitely see an effect on jobs from the coronavirus, and it could be pretty large in leisure and hospitality,” said Pollak. “The first thing we’ll see is a reduction in hours. We hear many reports of employers canceling staff everywhere except in healthcare.”

The officially called the virus a pandemic on Wednesday, making the situation even more serious. The virus has hit other industries including haircare products. Due to the restrictions on imports from factories primarily based in China全民双色球大乐透下载安装, haircare businesses may soon have trouble fulfilling customer orders on wigs, weaves, and hair extensions.

Companies across the country全民双色球大乐透下载安装 are also reviewing their sick-leave policies due to the increasing number of workers who have to do their jobs from 全民双色球大乐透下载安装 or are being forced to self-quarantine.

Workers being laid off may have no idea whether these layoffs will be permanent and it is nearly impossible to look for another job right now, with many companies instituting hiring freezes because of the spread of the virus and the fact that isolation is one of the current methods to deal with the virus.

Airbnb Hosts See Decline In Bookings Due To Coronavirus https://www./airbnb-hosts-see-decline-in-bookings-due-to-coronavirus/ Thu, 12 Mar 全民双色球大乐透下载安装 20:00:53 +0000 https://www./?p=656974 airbnbAirbnb is seeing a severe drop in bookings and revenue due to coronavirus outbreak.]]> airbnb

The coronavirus outbreak has taken a toll on the global economy and one of the industries hit the hardest is the travel industry. While major chains and brands like Marriott or JetBlue have extended detailed refund and rebooking policies, travel sites that are operated by listing through independent contractors have fewer resources to accommodate those changes.

Popular travel sites like have over 6 million listings for what is described as “alternative accommodation,” which includes apartments and vacation 全民双色球大乐透下载安装s owned by individuals. “The world has changed, and we have to adjust,” Glenn Fogel,’s chief executive, told The , adding that his company had also pulled back on advertising. Expedia Group, which owns VRBO,, and a dozen other travel sites, recently laid off 12% of its workforce and plans to take a $30 million hit to its operating profit in the first quarter.

One of the hardest hit has been . The platform where hosts list their properties for short-term rentals has faced a new set of complications due to the coronavirus outbreak. The San Francisco-based company—valued at $31 billion by private investors—was scheduled to go public later this year but that has been delayed due to recent stock market volatility.

Airbnb’s CEO, Brian Chesky, sent an email with the company’s response to all of its employees regarding the virus. “Airbnb was born during a global crisis,” Chesky wrote in an email referring to the 2008 recession. “It didn’t stop us then, and it won’t stop us now.”

The company is also dealing with the fallout of a sharp decline in revenue and bookings because travelers are canceling stays with their hosts. It recently unveiled its new program called More Flexible Reservations, which will allow hosts to more easily offer refunds to guests. Service fees on trips booked now through June 1 that do not fall under the company’s extenuating-circumstances policy will also be refundable with redeemable travel coupons.

In his memo to employees, Chesky tried to stay optimistic.

“Travel always bounces back,” he wrote. “It is one of the most resilient industries in the world.”

Chick-fil-A Is Bringing Its Sauce To Retail Stores to Help Its Employees Go To College https://www./chick-fil-a-is-bringing-its-sauce-to-retail-stores-to-help-its-employees-go-to-college/ Thu, 12 Mar 全民双色球大乐透下载安装 19:00:32 +0000 https://www./?p=656959 Chick-Fil-AChick-fil-A is selling its dipping sauces in retail stores in Florida to raise money for college scholarships for its employees.]]> Chick-Fil-A

Chick-fil-A is taking its variety of dipping sauces to retail stores, but instead of collecting the funds, the proceeds will help the company’s employees fulfill their college dreams.

The company announced Wednesday it will begin sales of its signature and Polynesian sauces next month in all Florida Publix, Target, Walmart, and Winn-Dixie stores, which have more than 1,700 locations combined in the state. However, instead of creating a new revenue stream, 100% of the proceeds will go directly to the chain’s scholarship program, which awards team members scholarships to attend college.

The 16-ounce bottles will be sold for $3.49. Customers who have their events catered through Chick-fil-A will receive 8-ounce bottles of Chick-fil-A Polynesian, Barbeque, Honey Mustard, and Garden Herb Ranch sauces with their order.

Michael Patrick, Chick-fil-A’s lead for the scholarship program, said the decision to allocate all proceeds to fund scholarships will give the chain a significant advantage in hiring and talent.

“We think this sends a strong message that we’re a brand of choice for attracting great talent,” Patrick told . “Talent is the most important part of our business. We call our team members our ‘secret sauce,’ so this is a perfect fit.”

Chick-fil-A’s scholarship program was created in 1973 after an employee raised money for college by setting an empty tip jar on the counter. The employee went on to college and became a teacher.

The fast-food chain has been named one of the best companies to work for by Fortune and was named one of the top companies in 2018 to work for and for new college graduates to work for. That same year, a franchise in Sacramento, California, announced it was hiring entry-level employees starting at $17 per hour. Additionally, all employees would receive paid sick leave, while supervisors will receive paid time off. At the time of the announcement, employees were already making more than the state’s $11 per hour minimum wage.

“That really makes the biggest difference,” franchise owner and operator Eric Mason said at the time. “The people is the real key component to successful businesses.”

According to a company $17 million in scholarships will be awarded to 6,700 restaurant team members in 全民双色球大乐透下载安装.

Cory Booker Says Jim Clyburn Called Joe Biden An ‘Honorary Black Man’ https://www./cory-booker-says-jim-clyburn-called-joe-biden-an-honorary-black/ Thu, 12 Mar 全民双色球大乐透下载安装 18:00:48 +0000 https://www./?p=656892 Joe BidenSen. Cory Booker told people at a fundraiser for Joe Biden on Monday that Majority Whip Jim Clyburn referred to Biden as an "honorary black man."]]> Joe Biden

Sen. Cory Booker (D-N.J.) told people attending a Joe Biden fundraiser on Monday that Majority Whip Jim Clyburn referred to Biden as an ‘honorary black man,” during a recent Congressional Black Caucus meeting.

According to , the fundraiser was held at the Detroit Athletic Club and included more than 350 people in attendance. Booker, who dropped out of the presidential race in January, has spent several days campaigning for Biden in Rust Belt states after endorsing him on Monday.

Clyburn served as Majority WHIP from 2007 to 2011 and previously served as the House Assistant Minority Leader from 2011 to 2019. Clyburn endorsed Biden in February and has been campaigning in the South for him since. He also advised Biden to pick an African American female as his running mate, touting Sen. Kamala Harris (D-Calif.) and voting rights activist Stacey Abrams as potential candidates.

“I really believe that we’ve reached a point in this country全民双色球大乐透下载安装 where African American women need to be rewarded for the loyalty that they’ve given to this party,” Clyburn told earlier this week.

However, others have pointed to Biden’s record showing that he wrote the 1994 crime bill that disproportionately sent African Americans to jail for minor drug offenses, which, they say, proves that Biden’s words do not reflect his actions. Biden has also been criticized for his treatment of Anita Hill, an African American law professor who accused Supreme Court Justice Clarence Thomas of sexual harassment. Biden called Hill and apologized last year but Hill did not accept it, telling the last April that she could not be satisfied by Biden simply saying ‘I’m sorry for what happened to you.’

After stumbling out of the primary gate, Biden rode on the shoulders of black voters in the South to primary victories in Alabama and Arkansas last week and Michigan, Mississippi, and Missouri on Tuesday. Biden currently has a delegate lead of 838 to 691 over Bernie Sanders. The next states to hold primaries are Illinois, Florida and Arizona and Ohio on March 17.

Byron Allen Makes $8.5 Billion Cash Bid For Tegna Station Group https://www./byron-allen-makes-8-5-billion-cash-bid-for-tegna-station-group/ Thu, 12 Mar 全民双色球大乐透下载安装 18:00:09 +0000 https://www./?p=656956 Byron Allen Entertainment StudiosMedia entrepreneur and mogul Byron Allen has made an offer with his media company, Allen Media, to buy Tegna Station Group.]]> Byron Allen Entertainment Studios

Media entrepreneur Byron Allen got a big win when he acquired the Weather Channel through his company, Allen Media Group. This week, the mogul is looking to make another large purchase for his massive media conglomerate.

Allen made an all-cash bid for the , a Virginia-based company that covers massive territory across the nation. The company owns 52 stations in 61 markets, including an abundance of big-four network affiliates in many of the largest markets. In total, Tegna covers 39% of the country全民双色球大乐透下载安装’s media channels.

He is reported to be one of three potential buyers for the media group, offering $20 a share or $8.5 billion in total.

Media conglomerate Gray Television has also reportedly made a bid combining cash and stock along with private equity firm Apollo Global Management. The Apollo firm has yet to comment on the rumored purchase; a spokesperson from Tegna declined to comment.

Allen Media Group currently owns 15 television stations in 11 markets. It acquired most of them this year from purchasing USA TV for $305 million. Reportedly, the media company wants to invest some $10 billion to acquire ABC, CBS, NBC, and Fox television stations over the next three years to become of the largest broadcast television groups in America. It also owns the digital news site the Grio as well as a film and television production company under Entertainment Studios.

Outside of his business moves with his media company, Allen has personally partnered with Sinclair to acquire the Fox Regional Sports Networks from Disney in a deal worth $10.6 billion.

Report: Companies Are Changing Their Sick Leave Policies Due To Coronavirus Outbreak https://www./report-companies-are-changing-their-sick-leave-policies-due-to-coronavirus-outbreak/ Thu, 12 Mar 全民双色球大乐透下载安装 17:00:42 +0000 https://www./?p=656910 Apple StoreThe coronavirus has forced companies to rethink their paid sick leave policies. ]]> Apple Store

With the coronavirus outbreak spreading around the world, companies are being forced to have employees work from 全民双色球大乐透下载安装 or place them under self-quarantine. This unprecedented move has also pushed employers to re-evaluate their sick-leave policies. While salaried workers have allocated sick days in their contract, hourly workers face a whole different fight to be compensated during this crisis.

On Wednesday, the World Health Organization officially named the coronavirus outbreak a . Many big tech companies such as Apple, Google, and Amazon have required all their employees to work from 全民双色球大乐透下载安装 to be able to self-quarantine and limit social interactions from the outbreak. This is a different reality for blue-collar workers with low wages who are still being required to show up for their shifts. Others have lost work and wages due to high profile events being canceled.

One industry that has been hit hard is restaurants where employees aren’t typically given sick leave. The public health crisis has caused a lot of major chains to shift its policies. Darden Restaurants Group, which owns names like Olive Garden, has allocated paid sick leave by each location’s minimum wage requirements; making it available to hourly workers after 90 days of employment.

According to the U.S Bureau of Labor Statistics, over 80 million Americans were paid hourly in 2017. This accounts for 60% of all wage and salary workers in that year. a report showing that most hourly workers have “no-fault” policies, which punishes workers for lateness and absences based on a point system that can oftentimes result in termination. This is also the group most vulnerable to the self-quarantine process because of the fear that it will involve in the loss of employment. As this public outbreak continues to spread, many fear that this loss of profits will result in massive layoffs.

Meet The CEO Who Manages America’s Busiest Airport https://www./meet-the-ceo-of-americas-busiest-airport/ Thu, 12 Mar 全民双色球大乐透下载安装 15:00:48 +0000 https://www./?p=656896 Dr. Kofi SmithDr. Kofi Smith is the CEO of the Atlanta Airlines Terminal 全民双色球大乐透下载安装 (AATC), which oversees America's busiest airport. ]]> Dr. Kofi Smith

, operates the airport.

Meet Dr. Kofi Smith, the CEO and president of AATC, and the man who makes the airport go.

After working with AATC for nearly a decade, Dr. Smith has delivered amazing results when it comes to the area of employment, technology, energy savings, and client/employee sanctification. Since his tenure, the AATC has grown by 118%. The named him its “Most Admired CEO” in 2018. He also has earned the Trailblazer Award from the Atlanta Business League and received the 100 Black Men of North Metro’s Image Award.

Smith has helped the AATC create significant energy cuts with $9.4 million in savings in three years. “Even as we enjoy turning our vision for an energy-efficient, well-run organization into reality, our focus for 全民双色球大乐透下载安装 is on continuing these efforts while also expanding our use of technology to improve operations even more,” Dr. Smith said. “We are proud to be the first airport and facility in the world to have fully smart restrooms, further enhancing the comfort and cleanliness of our operations.”

The Atlanta Airlines Terminal 全民双色球大乐透下载安装 was the largest recipient of Georgia Power energy efficiency rebates for fiscal 2018 at about $971,500.

The Hartsfield-Jackson Atlanta International Airport accounts for $64 billion in economic impact, with more than 100 million annual passengers and about 450,000 employees. The airport hosts an estimated 2,700 daily flights.

“While it is always wonderful to note past successes, a new year is a perfect time to focus in on goals for the future,” Smith added. “Ours is to consistently make the world’s busiest airport the best place to work at and travel through.”

PepsiCo Acquires Rockstar Energy Beverages for $3.85 Billion https://www./pepsico-acquires-rockstar-energy-beverages-for-3-85-billion/ Thu, 12 Mar 全民双色球大乐透下载安装 14:00:16 +0000 https://www./?p=656875 rockstar energy drinkPepsiCo has acquired the popular energy soft drink company Rockstar Energy Beverages for $3.85 billion.]]> rockstar energy drink

PepsiCo, Inc. has officially agreed to acquire the popular energy soft drink company Rockstar Energy Beverages for $3.85 billion.

PepsiCo has had a distribution deal with Rockstar in North America since 2009. The energy drink company was founded in 2001 and produces beverages that are designed for those who lead active lifestyles from athletes to rock stars. Rockstar Energy Drinks are now available in over 30 flavors at convenience and grocery outlets in over 30 countries. In addition to Rockstar, PepsiCo’s energy portfolio now includes Mountain Dew’s Kickstart, GameFuel, and AMP. 

“As we work to be more consumer-centric and capitalize on rising demand in the functional beverage space, this highly strategic acquisition will enable us to leverage PepsiCo’s capabilities to both accelerate Rockstar’s performance and unlock our ability to expand in the category with existing brands such as Mountain Dew,” said PepsiCo Chairman and CEO Ramon Laguarta . “Over time, we expect to capture our fair share of this fast-growing, highly profitable category and create meaningful new partnerships in the energy space.”

In addition to acquiring the energy drink company, PepsiCo has also entered into an agreement that will provide approximately $0.7 billion of payments related to future tax benefits associated with the transaction that will be payable over up to 15 years. This transaction is subject to customary closing conditions, including regulatory approval, and is expected to close in the first half of 全民双色球大乐透下载安装.     

“We have had a strong partnership with PepsiCo for the last decade, and I’m happy to take that to the next level and join forces as one company,” said Russ Weiner, Rockstar’s founder and creator of the world’s first 16oz energy drink. “PepsiCo shares our competitive spirit and will invest in growing our brand even further. I’m proud of what we built and how we’ve changed the game in the energy space.” 

PepsiCo generated more than $67 billion in net revenue in 2019, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker, and Tropicana. PepsiCo’s product portfolio includes a wide range of enjoyable foods and beverages, including 23 brands that generate more than $1 billion each in estimated annual retail sales.

VP Nadia Quarles Relies on Her Intuition to Take Risks She Won’t Regret https://www./portraits-of-power-nadia-quarles/ Thu, 12 Mar 全民双色球大乐透下载安装 13:00:04 +0000 http://www./?p=653094 Portraits of Power Nadia QuarlesBlack Enterprise's Portraits of Power series brings you candid insights from exceptional women leaders, such as University of Chicago VP Nadia Quarles]]> Portraits of Power Nadia Quarles

Featuring a broad cross-section of women who have distinguished themselves across a rich variety of careers, our Portraits of Power series is a celebration of the 50th Anniversary of Black Enterprise, and of black women. It’s a place for today’s businesswomen to share their own favorite images and their own stories, in their own words. Today’s portrait is diversity and inclusion strategist Nadia Quarles.

Nadia M. Quarles, Esq.

Title Assistant Vice President for

My first job was a salesperson at Woolworth’s five-and-dime store on Main Street in New Rochelle, New York.

My big break came when … I’ve had multiple big breaks in life. One that I am most proud of is my work to diversify the University of Chicago’s endowment with minority and women-owned money managers. Thirteen years ago, I created a Professional 全民双色球大乐透下载安装 Symposium where I invite diverse professional services firms to the University to meet with our vice presidents and other key leadership. As a result, in 2010, the Endowment Office hired our first African American money managers. Due to the success of my work, I was promoted from Director to Assistant Vice President for Business Diversity.  The Symposium has since become a national model, and I’ve gained the trust and respect of University leadership as well as Trustees. To date, a total of 26 minority and women-owned managers are now investing endowment funds for the University of Chicago.

I’ve had to work hardest at passing the Bar Exam. I’ve never been a very good standardized test taker.

I never imagined I would be more fit in my 50s than I’ve ever been. I’m living a healthier lifestyle and I actually enjoy working out.

I wish I’d learned how to make self-care a priority sooner.

The risk I regret not taking is …Thus far in my life, there isn’t a risk that I regret not taking. For me, it’s important to assess risks and determine if a specific risk is even worth taking. I tend to ask a lot of questions before taking risks and I have a great sounding board of friends (my personal Board of Directors) that help me weigh pros and cons. I’ve learned to rely on my intuition and trust my gut feelings as well. If a risk doesn’t feel right, I have not regretted not doing it.

If I could design my fantasy self-care day, it would be spent chilling with Barack and Michelle at their vacation 全民双色球大乐透下载安装 in Hawaii; sitting by the pool, drinking their favorite champagne, eating barbecue and pineapples, while listening to Barack’s Spotify summer playlist!

I take a dose of Melatonin before bed and I keep my cat and cellphone out of my bedroom. So, nothing keeps me up at night.

When I’m struggling, after calling on Jesus and praying, I say to myself, it’s going to be okay, this is just another bump in the road and like everything else this too shall pass. You got this!

I am unapologetically always showing up as my authentic self.

Portraits of Power is a yearlong series of candid insights from exceptional women leaders. It is brought to you by ADP.