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IT admins moving out of Google’s G Suite in favor of Microsoft’s Office 365 are acutely aware of the differences between the two software-as-a-service (SaaS) productivity suites. It shouldn’t come as a surprise then that migrating data from G Suite to Office 365 involves intricate planning that may not...
The coronavirus has come down on our nation’s economy like a sledgehammer and many small businesses may never recover from the impact. This is particularly true for Black-owned businesses.Earlier this month, congress authorized $7 billion for small business disaster loans, but as with many government programs and processes, bureaucratic...
In the midst of the coronavirus pandemic, many business owners are fearing for their future. These worries are especially pronounced in the state’s black neighborhoods. A survey conducted by the Black Economic Council of Massachusetts (BECMA) found that 90% of respondents are currently experiencing a somewhat to severe negative...
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Real estate billionaire Tom Barrack said the U.S. commercial-mortgage market is on the brink of collapse and predicted a “domino effect” of catastrophic economic consequences if banks and government don’t take prompt action to keep borrowers from defaulting.Barrack, chairman and chief executive officer of Colony Capital Inc., warns in...
DETROIT (AP) (3/18/2020) – Two people briefed on the matter say Detroit’s three automakers have agreed to close all of their factories due to worker fears about the coronavirus.The United Auto Workers union has been pushing for factories to close because workers are fearful of coming into contact with the...
A friend of mine recently told me, “People go to work because of a vision. People leave work because of managers.”People are difficult to work for. The No. 1 reason why? Because they are people. No matter how great your manager is, there will come a time when you...
Former American Express CEO Kenneth I. Chenault announced Friday that he was “stepping down” from the board of Facebook Inc. On the same day, Warren Buffett’s Berkshire Hathaway disclosed the nomination of the world-renowned corporate leader to its board, making him the first African American ever to serve as...
“If you don’t think that you can be great, you’ll never be great,” said President and CEO of Hightowers Petroleum Stephen Hightower.Hightower is one of America’s top oil tycoons with $434 million in revenue but life wasn’t so smooth for him at the beginning.His first job was working nights and weekends...
Former American Express CEO Kenneth I. Chenault announced Friday that he was “stepping down” from the board of Facebook Inc. On the same day, Warren Buffett’s Berkshire Hathaway disclosed the nomination of the world-renowned corporate leader to its board, making him the first African American ever to serve as...
Starbucks is suspending its use of personal reusable cups.The coffee chain says it will continue to honor the discount if you bring in a reusable cup, but it will serve those customers their drinks in disposable cups for now.This is part of the coffee giant’s response to the spreading...
Kansas City is becoming more welcoming for black women who want to start their own businesses.Adrienne Haynes, the managing partner at the business law firm SEED Law, says there’s more diversity in the entrepreneurial community today than in 2015, when she created the Multicultural Business Coalition with a few other organizations....
Chipotle Mexican Grill said on Friday founder Steve Ells has stepped down from the board, handing over the role of executive chairman to chief executive officer Brian Niccol.Since founding Chipotle in 1993, Ells has held or shared the CEO role until two years ago. He stepped down from the top...
The fear of flying caused by the coronavirus outbreak is reminiscent of 9/11, Southwest Airlines CEO Gary Kelly told CNBC on Thursday.“9/11 wasn’t an economically driven issue for travel. It was more fear, quite frankly, and I think that that’s really what’s manifested this time,” Kelly said on “The Exchange.”He said...
It took a crisis of faith for Lonnie Berger to really understand what helping men meant.Berger always had a vision for evangelism, mentorship, and discipleship. He went the traditional route of training in Bible school, serving as a Gospel worker in Communist Romania and finally getting involved in his...
Twitter is asking its entire workforce of 5,000 people to work from home, part of its effort to keep employees safe and prevent the spread of the coronavirus. The company said working from home was mandatory for its workers in Hong Kong, Japan and South Korea, where there are higher...
Jack Welch, a railroad conductor’s son who became chairman and CEO of General Electric and led it for two decades, growing its market value from $12 billion to $410 billion, has died. He was 84.Welch died late Sunday at home, surrounded by his wife, Suzy, and family, and his beloved...
Stocks tumbled once again on Friday, capping off their worst week since the financial crisis, as worries over the coronavirus and its impact on the economy continue to rattle investor sentiment.The Dow Jones Industrial Average dropped 357.28 points, or more than 1%, to 25,409.36. The 30-stock Dow briefly fell more than...
Stocks fell sharply in volatile trading Thursday as investors worried the coronavirus may be spreading in the U.S. A slew of corporate and analyst warnings on the virus dragged down the major averages, tipping them into correction territory.The Dow Jones Industrial Average plummeted 1,190.95 points, or 4.4%, to close at 25,766.64....
From shoes and T-shirts to dolls and tote bags, more companies and brands are getting into the business of Black History Month but trying not to leave the impression that African American consumers are important just once a year.Some businesses are using February to show off the diversity of...
Wall Street plunged Monday after a spike in the number of reported cases of coronavirus fueled fears that the epidemic would have a serious impact on global economic growth.The Dow Jones Industrial Average plummeted by 1,003 points in midday trading Monday, after a volatile session that saw the blue-chip index lose...
(Reuters) – Warren Buffett on Saturday called on corporate America to make their boards of directors more accountable to shareholders and less beholden to chief executive officers, perhaps by reducing their pay and requiring that they buy more stock.In his annual letter to Berkshire Hathaway Inc (BRKa.N) shareholders, Buffett...
NEW YORK (Reuters) – Warren Buffett on Saturday forcefully defended Berkshire Hathaway Inc’s (BRKa.N) decision to invest heavily in stocks of companies such as Apple Inc (AAPL.O) as he labors through a four-year drought since his last major acquisition of a company.Buffett, 89, also used his annual letter to...
FILE PHOTO: The logo of Apple company is seen outside an Apple store in Paris, France, April 10, 2019. REUTERS/Christian HartmannApple said Monday that it does not expect to meet its quarterly revenue forecast because of lower iPhone supply globally and lower Chinese demand as a result of the...
It has become standard practice for U.S. corporations to assure employees of support regardless of their race, gender or sexual orientation. There’s now an intensifying push to ensure that companies are similarly supportive and inclusive when it comes to employees’ religious beliefs.One barometer: More than 20% of the Fortune...
Microsoft on Wednesday gave another solid quarterly report card to Wall Street, as it plows ahead in selling its cloud computing services to big businesses and the government.The company reported fiscal second-quarter profit of $11.6 billion, up 36% from the same period last year.Net income of $1.51 per share...
Microsoft on Wednesday gave another solid quarterly report card to Wall Street, as it plows ahead in selling its cloud computing services to big businesses and the government.The company reported fiscal second-quarter profit of $11.6 billion, up 36% from the same period last year.Net income of $1.51 per share...
Stocks moved broadly higher on Wall Street in afternoon trading Tuesday, reversing most of the indexes’ losses from a sell-off the day before.The gains placed the market on track to snap a two-day skid fueled by fears that the spread of a new virus in China could hamper global...
Stocks moved broadly higher on Wall Street in afternoon trading Tuesday, reversing most of the indexes’ losses from a sell-off the day before.The gains placed the market on track to snap a two-day skid fueled by fears that the spread of a new virus in China could hamper global...
