Facing unprecedented budget pressures as the worst recession since the 1930s continues to roil the economy, public and private-sector institutions alike are slashing costs to the bone, taking such measures as consolidating supply chains to favor larger suppliers who can offer greater bang for limited bucks.
For American corporate honcho Richard Parsons, owning a winery is pretty close to a dream job come true. In 2000, Parsons, chairman of Citigroup Inc. and the former CEO of Time Warner Inc., purchased Il Palazzone, a 20-acre Tuscan winery that has been producing wine since 1990. Running a winery is quite different from running a public company, he concedes, but that hasn’t stopped him from making the most of his soul-satisfying project.
Mary McLeod Bethune surely would have been one of The Network Journal’s “25 Influential Black Women in Business” honorees were she alive today.
Models from European, Asian and American carmakers comprise the lineup of specials this fall. Here’s a preview of our 2010 choices.
Dr. Daveed Frazier is president of Orthopaedic Associates of New York P.C.
A board-certified orthopedic surgeon with advanced fellowship training in spinal surgery and correction of spinal deformity, he offers patients an array of treatment options to relieve pain and correct problems of the back and neck, ranging from a nonsurgical muscle relaxant to surgical disc replacement. It’s hard to believe he once ran away from a career in medicine. Why did he turn back?
For entrepreneur Albert Fuller, success comes in cardboard boxes. As the CEO of Integrated Packaging Corp. in New Brunswick, N.J., he should know. His company is one of the largest and most profitable African American-owned manufacturing businesses in the New York metro area.
Blessed are the toilers, some say, especially those who are able to put their own feet to their faith and bring their dreams to life.
With the U.S. economy in recession and forecast to show only very modest growth in the near future, sponsorships and donations that normally bolster philanthropic organizations run by professional athletes are coming under pressure.
Recently, when Julian Bond, chairman of the NAACP, delivered the commencement address at Virginia State University and when he later testified in support of the Uniting American Families Act before the Senate Judiciary Committee, he was only doing the civil- and human-rights activities that have marked each milestone of his extraordinarily productive life.
The lineage of the National Association for the Advancement of Colored People is as old as African-Americans’ fight for freedom and equality. Notable army organizations opposed to racism and discrimination from the antebellum era to the beginning of the 20th century are the American Colonization Society, National Negro Convention Movement, the African Civilization Society and the American Negro Academy.