Two of the most influential Black business leaders in the US are calling on companies to rethink scaling back their diversity, equity, and inclusion (DEI) efforts, according to CNN. Ken Frazier, who served as CEO of Merck from 2011 to 2021, was the first Black CEO of a major pharmaceutical company. Ken Chenault, CEO of American Express from 2001 to 2018, was only the third Black CEO of a Fortune 500 company. The leaders warned that reducing DEI efforts could limit opportunities for future generations of leaders facing racial and
Neon Money Club has partnered with American Express (Amex) to launch the Neon Money Club Cream American Express Card, making it the first Black-owned company to establish an American Express Card. Neon Money Club, co-founded by Luke Bailey and Jackie Liao, is an invite-only money club that aims to create an environment that allows users to become financially empowered while bypassing hurdles often faced. Members get access to invest in the US stock market, hyper-relevant financial content, and now their new Cream Card. The Cream Card Neon Money Club designed
For Black and Latino entrepreneurs, there’s only one direction to go — forward. This is the message driving Square‘s small business accelerator program for Black and Latino entrepreneurs, FORWARD. The accelerator, launched in partnership with Social Change Fund United (SCFU), 1863 Ventures, and American Express, aims to provide Black and Latino entrepreneurs with the education, mentorship, coaching, and capital needed for their businesses to thrive. Black and Latino Americans are the fastest-growing group of entrepreneurs. In 2022, Black and Latino Americans filed more than 5 million new business applications, more than any other group.
