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Sharon Bowen is breaking down barriers at Wall Street, becoming the first Black woman to be named board chair of the New York Stock Exchange (NYSE). Pinning itself as the world’s largest stock exchange, the Wall Street brokerage currently houses 2,400 listed companies with a combined capitalization of $36 trillion, TRT World reports. Bowen’s new role follows just shortly after the Intercontinental Exchange Inc. (ICE) revealed they would make leadership changes to advance with the market. “As organizations everywhere adjust to a world transformed by the pandemic, our management team is evolving along with the market environment,” ICE founder Jeff Sprecher said in a letter announcing the changes, according to TRT World.
On the centennial of the Tulsa Race Massacre on June 1, Tyrance Billingsley II decided to launch an organization to aid Black entrepreneurs living in the area once known as Black Wall Street . The native Black Tulsan entrepreneur teamed up with SecondMuse to launch Black Tech Street , a national initiative and tech hub on a mission to mobilize resources and companies to build a community for Black-owned technology companies. “I am a born and raised Tulsa entrepreneur, ecosystem builder and community leader. I excel in visioning and convening people to work together toward building collective progress,” Billingsley told AfroTech. “I am passionate about the tech industry and envisioning ways we can use technology to enhance quality of life.” SecondMuse has a decade of experience incubating entrepreneurial ecosystems to create equitable economies. With 13 global offices, the global innovation company will be lending personnel and resources to Billingsley to execute Black Tech Street’s...
On the centennial anniversary of the Tulsa Race Massacre — one of the most disgraceful events in American history (though, really, given the tomfoolery of white America, how can you narrow it down?) — the question begs itself: how far along would Black men and women be in American society as a whole if history’s most violent massacre of Black men and women on June 1, 1921, hadn’t happened? While Randolph “Randy” Wiggins, venture partner and managing director of Build in Tulsa, doesn’t necessarily want to think about what could have been, he does want people to focus on their future while remembering the past. And, he also thinks that the reconstruction of the Black community in the wake of the Tulsa Race Massacre is a testament to the resilience of a collective — and something that should be used to propel progress forward. “It’s always amazed me,” he told AfroTech. “I think about the history of Black Wall Street — I think about all the tragedy and trauma that they faced, and how...
Seasoned industry veteran Dream Hampton — the executive producer behind Lifetime’s Emmy-nominated “Surviving R. Kelly” documentary series — has been tapped to work on a new project to highlight the infamous events of the Tulsa Race Massacre of 1921. Dream Hampton, executive producer of #SurvivingRKelly , will direct 'Black Wall Street,' a documentary series about the Tulsa Race Massacre, a deadly act of racial violence committed 99 years ago https://t.co/KO12nlGiCI — The Hollywood Reporter (@THR) June 1, 2020 According to Variety , Hampton will executively produce and direct the Cineflix Productions documentary series to document one of the worst acts of racial violence in American history. Under the working title “Black Wall Street,” the limited series will weave together past and present events attributed to the 1921 Massacre in Tulsa, Oklahoma, which left hundreds of Black people dead, thousands displaced, and the city on fire. “Black people from Tulsa have refused to let the...
The excellence of Black Wall Street is often overshadowed by the story of The Tulsa Race Riot of 1921 , which lead to the city’s demise. A once flourishing and self-sustained Black community was destroyed by a racist mob that left hundreds of Black citizens dead, and many Black-owned businesses reduced to ashes. However, in the spirit of renewing and celebrating the community’s rich history, The Greenwood Chamber of Commerce has received a $500,000 grant from the National Park Service to renovate the historic city, according to Tulsa World. Although the grant will be used to replace roofs and remodel the exterior of ten buildings in the Greenwood Centre, chamber president, Freeman Culver, hopes the grant will ignite the nostalgic spirit of Black excellence within Tulsa. “We hope that it’s obvious we’re committed to preserving the history our ancestors left us,” Culver told Tulsa World . The most recent renovation of the buildings took place in the 1980s after the block was...
August is set aside to help shed light on Black ownership and encourage others to support Black-owned businesses. This month marks the fifteenth anniversary of the holiday, National Black Business Month , which was started by Frederick E. Jordan and John William Templeton in 2004 . However, supporting Black-owned businesses can be difficult if you don’t know where they are. We’ve rounded up a list of five apps or websites that will help direct you to Black-owned businesses. From restaurants to hair care, there’s a little bit of something for everybody. 1. EatOkra (iOS and Android) If you’re in the mood for food, consider checking out EatOkra. Founded by Anthony and Janique Edwards in 2016, this app helps you locate Black-owned restaurants in 35 different cities, including Washington, D.C., Philadelphia, Minneapolis, Chicago, and more. Don’t get offended if you log on and notice that a beloved Black restaurant from your city is missing. EatOkra relies on users to help direct it to...