Target says it will spend more than $2 billion with Black-owned businesses by 2025

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People stand in line at Target in Kips Bay during the coronavirus pandemic on April 14, 2020 in New York City.

By Melissa Repko, CNBC

Target said it will hire more Black-owned companies, launch a program to identify and support promising minority entrepreneurs and add products from more than 500 Black-owned brands to its shelves or website.

Altogether, the discounter said Wednesday, it will spend more than $2 billion with Black-owned businesses by 2025.

“We have a rich history of working with diverse businesses, but there’s more we can do to spark change across the retail industry, support the Black community and ensure Black guests feel welcomed and represented when they shop at Target,” chief growth officer Christina Hennington said in a news release.

The killings of George Floyd, Breonna Taylor, Ahmaud Arbery and protests across the country have ratcheted up pressure on corporate leaders to advance racial equity and do more than simply cut a check — or risk losing business. The uneven death toll of the coronavirus pandemic and financial toll of the recession also spotlighted the country’s sharp racial disparities with health care and economic opportunity.

Floyd was killed in Target’s hometown of Minneapolis, now the site of the murder trial for the police officer who kneeled on Floyd’s neck. One Target store, located near the site of Floyd’s death, had to be completely rebuilt and some of its other stores were damaged during rioting.

Companies have spoken out about diversity and inclusion as consumers pay attention and some direct their dollars toward businesses that align with their values. Generation Z — the group of teens and early 20-somethings who are aging into shopping and establishing relationships with brands — care more about social justice compared with former generations, according to an annual survey of teens by Piper Sandler released Wednesday. Teens surveyed by the firm ranked racial equity as their most important political and social issue, followed by the environment and Black Lives Matter.

Over the past year, major retailers like Nike, Walmart and Ulta Beauty have rolled out their own pledges, such as devoting more shelf space to Black-owned products, evaluating how they hire and promote employees, featuring more Black people in their ads and reducing the number of police or security in stores to prevent racial profiling. A growing number of retailers, including Macy’s, Sephora and Gap, have signed on to the 15 Percent Pledge, which aims to make Black-owned products on store shelves proportional to the country’s Black population.

Among Target’s changes, the retailer said it will more actively seek out advertising firms, suppliers, construction companies and other kinds of businesses that are Black-owned. It said it will create a program called Forward Founders for early-stage start-ups led by Black entrepreneurs to help them develop, test and scale products to sell at mass retailers like Target. It will be modeled off of Target Accelerators, a program for start-ups that the retailer uses to foster up-and-coming brands and ultimately, to sell fresh and exclusive products that attract customers and help it differentiate from competitors.

In some categories, such as beauty, Target said it already has 50 Black-owned and Black-founded brands — but would like to add more for other kinds of merchandise.

Click here to read the full article on CNBC.

Michael Jordan, Jordan Brand donating $1M to help diversify newsrooms

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Basketball legend Michael Jordan announced that he will donate $1 million to the Ida B. Wells Society for Investigative Reporting to help diversify newsrooms.

BY OLAFIMIHAN OSHIN, The Hill

Basketball legend Michael Jordan announced that he will donate $1 million to the Ida B. Wells Society for Investigative Reporting to help diversify newsrooms.

The Jordan Brand grant will enable the society to expand its college internship program, create a summer journalism program at a historically black college or university in North Carolina, and launch a high school journalism project with a majority Black and Latino school in the state.

The Ida B. Wells Society, created in 2016 to help train and support minority investigative journalists, is housed at the University of North Carolina at Chapel Hill’s School of Journalism and Media.

“Investigative reporting is the most important reporting in our democracy,” society co-founder and 1619 Project author Nikole Hannah-Jones said in a statement.

“It’s the reporting that holds power accountable, that unearths the way it’s wielded, that tells the stories that people don’t want told. Our democracy is in crisis as politicians are advancing a wave of voter suppression laws across the country and journalists must step up to be the firewall for our democracy,” she added. “That makes the work we do as a Society and the substantial support of Michael Jordan and the Jordan Brand so critical in this moment.”

Jordan, who was the main subject of the Netflix documentary series “The Last Dance,” pledged in 2020 to donate $100 million to organizations that are dedicated to racial equality, social justice and education access over the next decade, Black Enterprise reported.

Click here to read the full article on The Hill.

The Blueprint: A Conversation with Christian Wise Smith, Esq.

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Christian Wise Smith, suthor, smiling and holding up his childrens book

By Santura Pegram

(SP) – Tell people a little about Christian Wise Smith…who you are, how it all began, and what you’ve accomplished so far in life?

(CWS) – I was born and raised in the justice system. I saw my mother get arrested several times before she lost custody of me. My Uncle Steve was sentenced to life in prison for murder. I witnessed my grandmother stripped down to her underwear and handcuffed. Ultimately, my family and I experienced several traumatic encounters with law enforcement and the justice system during my childhood. Determined to break the negative cycles of my upbringing, I was able to turn my pain and tragedy into triumph, becoming the first in my family to graduate from college, ultimately earning my Bachelor’s, Master’s, and Juris Doctor degrees. The horrors experienced during my childhood ultimately led me to devote my career to working with our youth.

(SP) – Realizing that poverty, idle time, a lack of opportunities, and peer-related pressure often entices and influences disadvantaged people of all ages (especially teenagers and young adults) to get caught up in turning to ‘street life’ for survival, how were you able to avoid such desperate measures and traps during your youth, which could have negatively affected you later in life?

(CWS) – Before finishing high school, I saw several family members and friends destroyed by murder, violence, drugs, and other crimes. At 17, I was kicked out of school. Headed down a path leading straight to a jail cell, Officer William Dean Sr., a Black police officer, took an interest in helping me to break free of the low expectations inherent in my situation. Due to his mentoring and support, I learned that I was capable of changing my path.

(SP) – Researchers have proven there is a direct link between socioeconomic disadvantaged individuals and crime. Additionally, there are those who believe that “over 90% of crime in America and around the world takes place due to economic disadvantages and the remaining percentage involves mental illness, social disagreements, and/or other miscellaneous reasons.” If those precipitating factors are true, why have more prosecutors and court systems not taken these seriously and opted to explore better strategies and proven solutions which reinforce teaching positive behavioral change and empowering people – economically, mentally, socially, and otherwise?

(CWS) – I visited the King County Prosecutor’s Office in Seattle, Washington in 2018 to study a program they created called ‘LEAD’ (Law Enforcement Assisted Diversion). Instead of booking people into jail for criminal activity that stems from poverty or behavioral health needs, officers instead take people to case managers who provide crisis response, immediate psychosocial assessment, and long-term wrap-around services that include substance, disorder treatment and housing. By the time I visited the program, they’d already had hundreds of success stories where people completely turned their lives around. Instead of being trapped in the system of recidivism, they now had jobs, housing, and lived productive lives. The program has also significantly improved their community overall. Once people are off of the streets and working, employment rates and property values increase. They’ve proven that this kind of justice system can work.

Unfortunately, most prosecutors and court systems have not opted to explore better options to help people break free from the system because of money. In 1865, we saw southern states enact Black Codes to ensure that newly freed Black Americans could be sentenced to labor for crimes such as vagrancy or “poor living conditions” after slavery was abolished. Today, many states use prisoners to manufacture license plates and other products. The prison industry is a multi-billion-dollar system. Think about bail bonding companies, probation services, and corrections officers just to name a few. Most elected prosecutors are financially supported by people who benefit from the prison industry. We need to see more prosecutors elected like Larry Krasner, Rachael Rollins, Aramis Ayala, and Deborah Gonzalez, and consider the advice of experts like Dr. Brandon Mathews and Adam Foss to see significant changes in our system that will ultimately help people break free from the system and live better lives.

(SP) – Police departments across the country have long been the primary instigator of public backlash for abusive tactics by law enforcement officers, especially acts committed against minority individuals. However, most often, prosecutors and court systems throughout America have played an equal or far more destructive role by primarily pushing for greater numbers of convictions or guilty pleas, versus considering life-improving alternatives and opportunities to dismiss cases that reveal little or no evidence to warrant prosecution. How do we get more prosecutors and judges to understand the role(s) they play in shaping or destroying communities, and make better decisions in pursuing restorative justice?

(CWS) – Our justice system has been driven by a “conviction by any means necessary” approach for several decades. This approach is cruel, costly, and counter-productive. It has created a hamster wheel cycle of incarceration that has especially destroyed the Black community, communities of color, and low-income people. This approach has destroyed lives, over-crowded jails and prisons, and has done nothing to keep us safer. The way we get more prosecutors and judges to understand the roles they play in the system is by no longer voting for prosecutors and judges who aren’t willing to change things. Voters have to be more vocal about the kind of people they want leading our local justice systems.

(SP) – A growing number of professionals in the areas of law and government are beginning to embrace the ideas of “criminal justice & prosecutorial reform visionaries” such as: Larry Krasner of Philadelphia; Rachael Rollins of Suffolk County, Massachusetts; Diana Becton of Contra Costa County, California; Jonathan Rapping of Atlanta, Georgia; Professor Jody D. Armour from the USC School of Law, and Judge Bruce Morrow of Michigan. Could you share your thoughts on some of the unique concepts any of them have implemented and how you might contribute to such growing trends?

(CWS) – I respect and appreciate those folks and everyone else who is willing to acknowledge the significant issues within our justice system and do something about it. Larry Krasner made headlines when he fired 31 staff members (which included trial attorneys, supervisor-level staff, and assistant prosecutors) on his fourth day in office to honor his promise to change the culture of the Philadelphia District Attorney’s Office. He promised to never seek the death penalty, end cash bail, and end the mass incarceration model that has plagued the justice system for entirely too long. He was recently re-elected for a second term, which makes me hopeful that more and more voters across the country will become more aware of what he and other progressives are doing and start to vote more likeminded candidates into other local offices.

(SP)– Throughout the United States, there are legal professionals and legislators who would argue that “debtor’s prisons, exploitive labor arrangements, and/or Peonage laws” no longer exist. However, if that were true, overzealous tactics such as charging parents (typically fathers or men identified as one) with a criminal offense instead of a civil one for nonpayment of child support; suspending the driver’s licenses of a parent who is unable or unwilling to pay support; branding them with unnecessary employment-dismissive criminal records; placing them on probation, and even incarcerating such people (most often only fathers) who are unable to pay a biased, expected amount to the child(ren)’s other parent (typically a mother) has been nothing short of a fruitless abuse of law practice and a gross waste of time and public resources. Fathers who find themselves in these circumstances refuse to speak out on this touchy subject for fear of being scrutinized further or mislabeled as a Deadbeat Dad as opposed to properly being recognized as a Dead Broke Dad. A 2019-2020 study in Baltimore which is often ignored, revealed an eye-opening perspective about how this “system” has continued to do more harm than good in many instances. What are your thoughts on better ways to move away from the criminalization of child support delinquency, which adversely impacts a family’s dynamics through increased poverty and the destabilizing of (father) parent-child relationships?

(CWS) – I haven’t encountered any child support cases during my legal career thus far, but I do believe that things can improve significantly to ensure that policies aren’t counterproductive. For example, suspending someone’s driver’s license and incarcerating them because of nonpayment makes it harder for that person to maintain employment. I guarantee you that nobody is using the same cell phone they used 10 years ago, but our court systems are operating the same way they did several decades ago. Technology always evolves and we adapt to it. Unfortunately, big systems that play vital roles in our everyday lives like the justice system, the education system, and the child support system don’t evolve and improve. If we valued improving these systems as much as we value advancing technology, our country would be in much better shape. The Baltimore Sun article you’re referring to (At what cost? For Baltimore’s poorest families, the child support system exacts a heavy price — and it’s hurting whole communities – Baltimore Sun) was published in March of 2020. It reveals how counterproductive the current child support system is in Maryland, and I think that article paints a pretty good picture of how bad things truly are across the country.

(SP) – In your opinion, what would/should the ideal “prosecutor’s office-court system” look like in terms of methodologies, operations, and intended outcomes?

(CWS) – Just as our culture changes and moves forward, our justice system must use innovative and commonsense solutions that respond to the issues we face today. We must rewrite history and create a paradigm shift in the justice system to value people over conviction rates. We can accomplish this if prosecutors prioritize resources on serious and violent crimes and end the revolving door model of mass incarceration by no longer using jails as ineffective and inhumane mental health treatment facilities, homeless shelters, and drug rehab centers. Diversion programs should be implemented for low-level non-violent crimes with paths to employment and educational opportunities. Prosecutors should right the wrongs of the failed war on drugs that disproportionately ruined Black and minority communities by no longer prosecuting possession of marijuana. Prior marijuana possession convictions not attached to violent crime or drug sales should be pardoned to help several people across the country obtain employment and housing opportunities.

Prosecutors should hold police officers accountable for any misconduct or abuse. Prosecutors should never take campaign money from police unions to maintain total independence and eliminate any conflicts of interest when it comes to prosecuting police. Cash bail should be eliminated because it keeps poor people detained simply because they can’t afford bail, putting them at risk of losing employment and/or housing, which eventually leads to re-offending. Every local justice system should have a Military Veteran’s court unit to get our brave men and women who suffer from psychological or substance abuse issues the proper tools they need to be productive citizens after encountering the system. Prosecutors should be transparent and accountable. Prosecutors should also partner with public school systems to do more to divert the school to prison pipeline. These things would get us on track to seeing an ideal justice system where everyone is treated equally.

(SP) – You have accomplished quite a bit in your 38-years. It’s refreshing to note that after deciding at the last minute to run for the highly coveted District Attorney position for Fulton County-Atlanta (the largest county in the state of Georgia), you went on to maximize your skill set by launching the National Social Justice Alliance. What led you to embark upon this endeavor and what do you hope it will achieve?

(CWS)The NATIONAL SOCIAL JUSTICE ALLIANCE – HOME (nsja.org) was created to bring prosecutors from across the nation together for a common effort to fix the broken American criminal justice system. NSJA believes prosecutors are the answer. Prosecutors are the gatekeepers of our local justice systems, and are responsible for holding everyone, including police officers and other prosecutors, responsible for the acts they commit. The 2020 police killings of George Floyd and Breonna Taylor and the aftermath of protests for equality, justice and calls for police reform highlight the need for prosecutors to step up. Together, the gatekeepers of the system can finally end police brutality and ensure that equality and justice are the standard for everyone.

(SP) – People have been expressing their appreciation for your new children’s book, WISEUP Adventure Series: Chris & Key Go Vote! Tell those who are unfamiliar with it what was your motivation for writing it and what is the intended outcome?

Christian Wise Smith smiling dressed in suit and tie
Christian Wise Smith, Author

(CWS) – When I ran for District Attorney in 2020, I met so many people who believed their vote didn’t matter. Recognizing this as a byproduct of voter suppression, I wanted to do something to eliminate the negative thinking that people have about whether their vote can make a difference. The answer: our kids, the next generation. By teaching our kids now about the superpower of voting, they’ll grow up knowing their votes will matter one day soon. I also wanted to do more than just tell them about voting, so the book is interactive. Young readers and their parents learn the voting process in a simple way by completing a voter registration card and casting a ballot for their favorite color. Teaching kids and their parents how to vote with an interactive children’s book is a new and direct way to increase future voter participation, fight against voter suppression efforts, and encourage the normalization of a culture of consistent voting in local and national elections.

We also just launched a community outreach program through NSJA called VOTING IS A SUPERPOWER to teach children in public school systems about the voting process. Students will receive a backpack complete with supplies and most importantly a copy of the book. We also provide a pizza party for each school we visit and appreciation gift cards for the teachers and staff. If anyone would like to donate towards helping us reach our mission of teaching millions of kids across the country how to vote, please visit njsa.org and click on any of the donate buttons to make a 100% tax deductible donation.

(SP) – You’re clearly a sound decision-maker. What do you want or plan to be doing when you’re in your 50’s or 60’s?

(CWS) – I pray to be alive, healthy, and still using everything God has blessed me with to help all of us live better lives together.

Santura Pegram (santura.pegram@yahoo.com) is a freelance writer and socially conscious business consultant who has helped to advise small businesses; nonprofit organizations; city, county, and state governmental committees; elected officials; professional athletes; and school systems.

The Types of Government Contracts & What You Need to Know

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Black mature businessman working on laptop

When it comes to running your small business, one of the greatest assets you can acquire to help you succeed is a government contract.

The U.S. government is the largest customer in the world. It buys all types of products and services — in both large and small quantities — and it’s required by law to consider buying from small businesses.

The government wants to buy from small businesses for several reasons, including:

  • To ensure that large businesses don’t “muscle out” small businesses
  • To gain access to the new ideas that small businesses provide
  • To support small businesses as engines of economic development and job creation
  • To offer opportunities to disadvantaged socio-economic groups

There are a multitude of contracts that can be obtained and further searched into using Sam.gov, but here are a few of the different types of government contracts that could help fund your small business:

Set-aside contracts for small businesses:

To help provide a level playing field for small businesses, the government limits competition for certain contracts to small businesses. Those contracts are called “small business set-asides,” and they help small businesses compete for and win federal contracts.

There are two kinds of set-aside contracts: competitive set-asides and sole-source set-asides.

Competitive set-aside contracts:

When at least two small businesses could perform the work or provide the products being purchased, the government sets aside the contract exclusively for small businesses. With few exceptions, this happens automatically for all government contracts under $150,000.

Some set-asides are open to any small business, but some are open only to small businesses who participate in SBA contracting assistance programs.

Sole-source set-aside contracts:

Most contracts are competitive, but sometimes there are exceptions to this rule. Sole-source contracts are a kind of contract that can be issued without a competitive bidding process. This usually happens in situations where only a single business can fulfill the requirements of a contract. To be considered for a sole-source contract, register your business with the System for Award Management (SAM) and participate in any contracting program you may qualify for.

In some cases, sole-source contracts must be published publicly, and will be marked with an intent to sole source. Potential vendors can still view and bid on these contracts. Once the bidding process begins, the intent to sole-source may be withdrawn.

Contracting Assistance Programs:

The federal government uses special programs to help small businesses win at least at 23 percent of all federal contracting dollars each year. There are different programs for different attributes of a small business, such as:

8 (a) Business Development Program: Small Disadvantaged businesses.

Women-Owned Small Business Federal Contracting Program: Women-owned businesses

Veteran assistance program: Veteran-owned businesses

HUBZone Program: Historically underutilized businesses

SBA Mentor-Protégé program: Sets up your business with an experienced government contractor

Natural Resource Sales Assistance Program: Provides natural resources and surplus property to small businesses.

Joint Ventures: Allows businesses to team up and acquire government contracts (more info below)

Joint Ventures:

Two or more small businesses may pool their efforts by forming a joint venture to compete for a contract award. A joint venture of multiple small businesses still qualifies for small business set-aside contracts if its documentation meets SBA requirements.

Small businesses that have a mentor-protege relationship through the All-Small Mentor-Protege program can form a joint venture with a mentor (which can be a large business). These joint ventures can compete together for government contracts reserved for small businesses.

A joint venture can also bid on contracts that are set aside for service-disabled veteran-owned, women-owned, or HUBZone businesses, if a member of the joint venture meets SBA requirements to do so.

Resources

If you still have questions or are looking for additional information, visit sam.gov or sba.gov. No matter what your situation is, there are many opportunities available to help your small business succeed.

Source: U.S. Small Business Administration

Howard alum Nicole Cokley Dunlap appointed chief diversity officer, Bed Bath & Beyond

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Howard alum Nicole Cokley Dunlap appointed chief diversity officer, Bed Bath & Beyond

By Porsha Monique, Rollingout

Bed Bath & Beyond Inc. announced Nicole Cokley Dunlap as its Chief Diversity Officer. Cokley Dunlap will lead the company’s diversity, equity and inclusion (DE&I) strategy.

Cokley Dunlap brings more than 25 years of expertise to her role and will report directly to Lynda Markoe, EVP and Chief People and Culture Officer. She will begin in her new role in September 2021.

Cokley Dunlap comes to Bed Bath & Beyond from Macy’s Inc., where she held roles with increasing levels of leadership responsibilities across Bloomingdale’s and Macy’s Inc. in human resources, employee giving, diversity and inclusion, and store management.

The Howard University alum served as vice president of Macy’s DE&I strategy since 2019 and built strategies that helped drive diversity, engagement, performance, and business growth. Before that, she was Bloomingdale’s vice president, DE&I, Employee Giving and Human Resources Business Partner. Cokley Dunlap also serves as Co-President of BRAG (Black Retail Action Group) , a non-profit organization that prepares and educates people of color for executive leadership roles in retail, fashion, and related industries.

As part of its ESG strategy, Bed Bath & Beyond committed to becoming a Top 10 retail employer by 2030 by creating an equitable, inclusive work environment where all associates feel at home and can thrive. The company has set diversity, equity, and inclusion goals to reach at least 50% women representation and at least 25% racial and/or ethnic diversity at all levels by this time.

Cokley Dunlap will oversee the strategy and execution of these goals as well as partner across the enterprise to build stronger relationships with customer communities and diverse business vendors. Cokley Dunlap’s focus on implementing programs that drive inclusion and belonging will further advance the company’s people-powered focus and create and sustain its talent engine.

Markoe commented, “Nicole is a consummate leader with tremendous relationships and expertise in DE&I and will help us deliver change that is needed within our company and the communities we serve. Building our community, both inside and outside the company, is of paramount importance as we execute against Bed Bath & Beyond’s transformation plans. One of our five key practices in our strategic transformation framework is championing diversity and community, and we are pleased to appoint a Chief Diversity Officer as talented and proven as Nicole.”

Cokley Dunlap said, “As a values-driven company, I am excited to be a part of Bed Bath and Beyond’s transformation to advance the DE&I goals. With an emphasis on associates, customers, and communities, I look forward to working across the organization to optimize DE&I initiatives to drive innovation and business results.”

Click here to read the full article on Rollingout.

Beyoncé Just Became The First Black Woman To Wear The Iconic Tiffany Diamond

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Beyonce wearing the Tiffany Diamond

By , NPR

Singer Beyoncé and her rapper husband Jay-Z are once again turning heads. And this time, they’re making history too.

The powerhouse couple is the new face of a Tiffany & Co. ad campaign “celebrating modern love,” the luxury jeweler announced Monday.

Photos from the ABOUT LOVE campaign — including several shared on Beyoncé’s Instagram account — are drawing admiration across social media, both for the stunning images and for the historic firsts they represent.

Beyoncé can be seen wearing a large yellow diamond necklace in the photos. That’s the iconic 128-carat Tiffany Diamond, which the company acquired in 1878 and rarely puts on display. (Audrey Hepburn famously wore it in publicity photos for Breakfast at Tiffany’s, and Lady Gaga wore it to the 2019 Academy Awards.)

Beyoncé is only the fourth woman, and the first Black woman, to wear the diamond in more than a century.

That’s not the only milestone. Some of the photos show the couple posed in front of a large turquoise painting — Jean-Michel Basquiat’s Equals Pi. The 1982 work came from a private collection and has never been seen before in public, according to Tiffany.

This is also a personal first for the Carters. It’s the first campaign they’ve appeared in together, and Tiffany describes it as “an exploration of connection and vulnerability.” Beyoncé and Jay-Z, who got married in 2008, have a well-documented history of ups and downs, which NPR Music’s Rodney Carmichael walks us through here.

“Ushering in a new brand identity, this campaign embodies the beauty of love through time and all its diverse facets, forging a new vision of love today,” the company said.

Tiffany & Co. is also pledging $2 million toward scholarship and internship programs for historically Black colleges and universities, with more details on the initiative to come.

Click here to read the full article on NPR.

JAY-Z’s The Parent Company hires first Black CEO to lead major public U.S. cannabis organization

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JAY-Z’s The Parent Company hires first Black CEO to lead major public U.S. cannabis organization

By 

JAY-Z’s cannabis company and executive Troy Datcher are about to make history. On Monday (Aug. 16), the Hov-backed The Parent Company, which houses his Monogram cannabis brand, announced that Datcher will soon become the company’s new chief executive officer.

When Datcher assumes the role on Sept. 8, a press release notes, he will be the first Black CEO to lead a major, public cannabis organization in the country.

In a statement sent to Insider, Datcher said the California-based Parent Company has a “unique opportunity to disrupt a sector that has disproportionately impacted communities of color — including my own — for far too long.”

“This is a chance to partner with cultural powerhouses like JAY-Z and Desiree Perez to rectify the wrongs of prohibition, eradicate antiquated laws and create a new cannabis infrastructure rooted in diversity, equity and justice for our communities,” he added. “Together, we can shape a legal cannabis industry that is reflective of our entire culture in California and beyond.”

Datcher will work alongside Hov, who currently serves as The Parent Company’s chief visionary officer. Both the 51-year-old mogul and The Parent Company’s chief social equity officer, Roc Nation CEO Desiree Perez, have used the brand to lead initiatives aimed at helping Black and other minority entrepreneurs succeed in the cannabis industry.

“Troy’s business acumen, strategic thinking and leadership skills are invaluable qualities that will be critical to our organization’s growth,” Perez said. “He understands and embraces the unique responsibility we have to redefine the cannabis industry and establish a new precedent for cannabis entrepreneurs to build successful businesses.”

Datcher previously served as the senior vice president and chief customer officer of Clorox, where he worked for 20 years.

“Troy brings a wealth of invaluable experience driving high-volume sales, implementing growth strategies and a deep-seated knowledge of strategic brand execution,” The Parent Company Chairman Michael Auerbach said in the release. “His leadership expertise and perspective gained at such a prominent and enduring organization will be a significant advantage as we look to build the first 100-year company in cannabis, meet evolving consumer demands and create meaningful change in our industry.”

Click here to read the full article on Revolt.

Josephine Baker to become first Black woman to enter France’s Panthéon

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Franco-American entertainer Josephine Baker receiving the Légion d’honneur and the Croix de Guerre after the second world war.

By the Guardian

The remains of Josephine Baker, a famed French-American dancer, singer and actor who also worked with the French resistance during the second world war, will be moved to the Panthéon mausoleum in November, according to an aide to President Emmanuel Macron.

It will make Baker, who was born in Missouri in 1906 and buried in Monaco in 1975, the first Black woman to be laid to rest in the hallowed Parisian monument.

A group campaigning for her induction, which included one of Baker’s sons, met Macron on 21 July, Jennifer Guesdon, one of the members, said. “When the president said yes, [it was a] great joy,” she said.

“Panthéonisation is built over a long period of time,” an aide to Macron said.

The Baker family have been requesting her induction since 2013, with a petition gathering about 38,000 signatures.

“She was an artist, the first Black international star, a muse of the cubists, a resistance fighter during the second world war in the French army, active alongside Martin Luther King in the civil rights fight,” the petition says.

Another member of the campaign group, Pascal Bruckner, said Baker “is a symbol of a France that is not racist, contrary to what some media groups say”, as well as “a true anti-fascist”.

The ceremony will take place on 30 November, the date Baker married Jean Lion, a Frenchman, allowing her to get French nationality.

The Panthéon is a memorial complex for great national figures in French history from the world of politics, culture and science.

Only the president can choose to move remains to the former church in Paris, whose grand columns and domed roof were inspired by the Pantheon in Rome.

Of the 80 figures in the Panthéon, only five are women, including the last inductee in 2018, Simone Veil, a former French minister who survived the Holocaust and fought for abortion rights.

Click here to read the full article on the Guardian.

SAWEETIE FANS GO NUTTY OVER HER MCDONALD’S MEAL WITH MEMES & GIFS

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SAWEETIE FANS GO NUTTY OVER HER MCDONALD’S MEAL WITH MEMES & GIFS

By Michael Saponara, Hip Hop Dx.

Saweetie’s official McDonald’s meal became readily available at Golden Arches locations across the United States on Monday (August 9), and the California native’s Icy Gang can’t get enough of Saweetie’s latest partnership deal.

The Saweetie Meal consists of a Big Mac, four-piece Chicken McNuggets, medium fries, medium Sprite, with Tangy BBQ and ‘Saweetie ‘N Sour’ sauces on the side for your dipping desires. Known for loving absurd food combinations, consumers are encouraged to mix and match sides and sauces with their Big Mac just as Saweetie would appreciate.

“McDonald’s and I run deep – from growing up back in Hayward, California, all through my college days – so I had to bring my icy gang in on my all-time favorites,” she said about the partnership in a statement. “Depending on the mood I’m in, there are so many ways to enjoy my order. I like to keep things fresh – I know that’s right.”

Saweetie’s meal is the first with a female artist and follows a line of celebrity meals that includes successful partnerships with K-pop group BTS, Latin superstar J Balvin and Travis Scott, which even caused supply shortages at some restaurants.

McDonald’s is also partnering with the “Best Friend” rapper for the Saweetstakes. Every Saweetie Meal order through the McDonald’s app will be entered to win a pair of Brandon Blackwood limited-edition handbags and a five-day trip to Las Vegas to see her perform.

Saweetie even hopped behind the counter of a local McDonald’s and surprised customers while working the drive-thru window.

Click here to read the full article on Hip Hop Dx.

U.S. markets regulator approves Nasdaq proposal to require corporate board diversity

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male board member at conference table skaes hands with black male others looking on

By Jessica Dinapoli

NEW YORK (Reuters) – The U.S. Securities and Exchange Commission approved a proposal from stock exchange operator Nasdaq Inc (NDAQ.O) that requires its listed companies to have diverse boards, or explain why they do not.

The proposal requires that companies have two diverse directors, including one who identifies as female and another as an underrepresented minority or LGBTQ+, or explain why they do not. Companies also have to publicly disclose the diversity of their boards.

“These rules will allow investors to gain a better understanding of Nasdaq-listed companies’ approach to board diversity,” said SEC Chair Gary Gensler in a prepared statement.

Nasdaq said it is looking “forward to working with our companies to implement this new listing rule and set a new standard for corporate governance.”Women and minorities have been underrepresented in the top ranks of companies, leading to a recent reckoning on racial and gender diversity in Corporate America. According to data from Equilar, boards in the Russell 3000 are halfway to gender parity. In the Russell 1000, 18.4% of directors are under-represented minorities.

Investor efforts to scrutinize diversity on boards have also been stymied by a lack of disclosure, with many companies not detailing the gender and race or ethnicity of directors.

Republican lawmakers and some companies criticized Nasdaq’s proposal and urged the SEC to reject it, saying it would interfere with boards’ responsibilities to shareholders and could impose new costs on companies.

Advocates for people with disabilities had pushed both Nasdaq and the SEC to include disability in the proposal, but were “rebuffed,” said Ted Kennedy Jr, chairman of the American Association of People With Disabilities (AAPD), in an interview with Reuters.

Nasdaq said in a comment letter that companies could consider and disclose additional diverse attributes such as disability or veteran status. But those attributes would not meet the requirements for a female or person who identifies as an under-represented minority or LGBTQ+.

Read the original article posted on Reuters.

All the Black women in us are tired

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black women athletes Naomi Osaka, Simone Biles, and Sha'Carri Richardson

By , CNN

The other day I shared a meme that stoked a lot of emotion.

In it, there are pictures of three superstar athletes – tennis player Naomi Osaka, gymnast Simone Biles and track and field sprinter Sha’Carri Richardson – along with a sign that reads, “Y’all Not Gone Stress Us Out – Black Women Everywhere.”

They are women of color (Osaka has a Japanese mother and a Haitian father while Biles and Richardson are African American) and have made headlines recently due to decisions they made to support their mental health.

All three also have something in common which I very much understand – the struggle women of color face in exercising self-care.

As I wrote in the caption of the meme I shared on Instagram, it’s hard being a Black woman.

“We are supposed to save relationships, families, elections, communities, democracy and basically the world all while exhibiting “black girl magic,” but y’all mad when we save ourselves?” I wrote. “Welcome to a new day.”

The heavy load is made worse by the fact that as Black women, we are not socialized to give as much care to ourselves as we are expected to give to others.

Black women are literally expected to be super women, from heading households to serving as emotional support for White people who want to be allies, but need our help figuring out how to get there.

There is an added layer for Black women athletes who have to compete against more than just their opponents.

A 2018 study titled “Beating Opponents, Battling Belittlement: How African-American Female Athletes Use Community to Navigate Negative Images” from Morgan State University in Baltimore examined how they must navigate both racism and sexism in order to become champions.

For example, it noted that Serena Williams – arguably the world’s greatest tennis player with more than 20 Grand Slam wins – has been compared to a “man” and a “gorilla.”

Radio host Don Imus called the players on the 2007 Rutgers women’s basketball team “nappy-headed hos” after they lost to the Tennessee team in the NCAA final.

Osaka, Biles and Richardson have been the targets of racism and sexism before, but even more so recently.

Both Osaka and Biles dropped out of competitions, they said, to protect their mental health and Richardson was disqualified from competing after testing positive for cannabis.

Richardson smoked marijuana legally in Oregon and explained that it happened after a journalist whom she didn’t know broke the news to her about the death of her mother.

The three have been criticized as “quitters,” “arrogant,” “lazy” and “irresponsible” by some on social media. And those are just the words fit to print here.

Osaka withdrew from the 2021 French Open over a dispute regarding her not wanting to give post-match interviews (she said it stoked her anxiety); Biles withdrew from competitions at this month’s Olympics to focus on her mental health. Richardson graciously accepted a ban, which kept her from competing in the Olympics (she tweeted “I’m sorry, I can’t be y’all Olympic Champ this year but I promise I’ll be your World Champ next year”).

Click here to read the full article on CNN.

JAY-Z and Will Smith invest in startup that helps low income renters become homeowners

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JAY-Z and Will Smith have placed their financial support behind a startup company that intends to make homeownership a possibility for low income families.

By 

JAY-Z and Will Smith have placed their financial support behind a startup company that intends to make homeownership a possibility for low-income families. According to Bloomberg, Hov’s Roc Nation and Smith’s Dreamers VC were among a group of investors, including Cash App, Ethos, Instacart, Front, Flatiron Health and Tango, who poured into Landis Technologies and helped them to make more than $165 million. The donations will reportedly be used to buy roughly 1,000 homes, which will then be rented out to low-income families working toward mortgage eligibility.

Additionally, as renting clients work on their credit, save money, and minimize their debt, staff at Landis Technologies will provide renters with coaches that will school them about various topics like money management, improving credit scores and other essential information that will help them to eventually qualify for mortgage.

The overall goal of Landis Technologies, per the report, is to turn 80 percent of renters into homeowners within two years. Once eligible, clients can buy the home back for a predetermined price up to two years after Landis made the initial purchase.

“Financial inclusion is really important to us,” Landis co-founder Cyril Berdugo said in a statement. “An aspect of Landis that we’re very proud to be a part of is wealth creation for low-income Americans. We make money when our client buys the house back. If we leave money on the table, that’s our problem.”

“What makes Landis unique is our ability to coach anyone to homeownership,” he added. “This new funding will allow us to help more Americans on their path to homeownership by expanding to new states, hiring talent nationwide and providing a better experience to our clients and partner agents and lenders.”

Click here to read the full article on Revolt.

Building a Better Tomorrow — Letter From the Editor

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Michael B. Jordan on the cover of the summer issue of the Black EOE Journal

‘Normalcy’ is the buzzword of the hour as families and businesses across the country begin the shift into a post-pandemic world. This summer, more than any other, feels like it’s full of the current zeitgeist of ‘transition.’

A spirit of change is taking place, and while there are those who want to hold on to the past, we at the Black EOE Journal want to celebrate the tenacity of people who are focused on the next generation and committed to building a better future.

That’s why it was an honor to hear the heart of our cover story, award-winning actor and producer Michael B. Jordan.

It should come as no surprise that Jordan holds the education and uplift of youth from underserved communities in high regard, thus he uses his voice as an influencer as well as his position as the founder of the production company Outlier Society to give back as much as he can.

According to him, “I love mentorship. The next generation, they’re the future.

They’re the key to everything. They’re supposed to be better than us.” Read more about Jordan’s impact in the media and entertainment industry as an advocate, organizer as well as an activist on page 98.

As part of our LGBTQ+ Special, check out the impact to future generations of the queer community from the House passage of the Equality Act on page 139.

Furthermore, read about how CURLS haircare brand founder, Mahisha Dellinger, is committing to invest in creating a new generation of Black women millionaires on page 64 and how black celebrities are using their platforms to endorse and generate resources for Black- and minority-owned businesses on page 78.

Tawanah Reeves-Ligon

On the heels of celebrating our first federally recognized Juneteenth National Independence Day, many are excited to take back the freedoms and opportunities they felt were lost last year while others are determined to maintain the new lifestyles and mindsets they’ve gained. At BEOEJ, we’re focused on how we can best impart transformational change in the communities we serve, and we look forward to continuing that mission with you going forward into the future.

~Tawanah Reeves-Ligon

Editor, Black EOE Journal

America's Leading African American Business and Career Magazine

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