NYC deputy mayor suggests that if women ran firms like Amazon the HQ2 deal might have survived

"Maybe if there weren't all these men running companies we would possibly have different results," says Alicia Glen, outgoing New York City deputy mayor for development.
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Regina King, Her Rise to Hollywood Royalty, And How She Survived Financial Hard Times

Regina King delivered a tearful and moving speech on Sunday when she won the Academy Award for best supporting actress for her role in If Beale Street Could Talk. The 48-year-old actress thanked the film’s director, Barry Jenkins, and paid tribute to James Baldwin, who wrote the 1974 book with the same title.

“To be standing here, representing one of the greatest artists of our time, James Baldwin, it’s a little surreal,” said King. “James Baldwin birthed this baby; Barry, you nurtured her, you surrounded her with so much love and support and so it’s appropriate for me to be standing here because I’m an example of when support and love is poured into someone.”

At one point during her speech, the award-winning actress became emotional as she thanked her mother, who sat in the audience. “Mom, I love you so much. Thank you for teaching me that God is always leaning — always has been leaning in my direction,” she said.



 

King picked up her first-ever Oscar nomination and win and after more than three decades of working in Hollywood. She launched her career back in 1985 when she landed a role in the television sitcom 227. She then made her film debut in the cult classic Friday in 1995. Since then, she has starred in the blockbuster film Jerry Maguire and has appeared in a number of hit films and television shows, including Enemy of the State, Ray, How Stella Got Her Groove Back, and The Big Bang Theory.

Below is an exclusive interview with the actress from 2011. King, who today boasts a net worth of $ 12 million, opened up about her career, personal finances, and investments.

BLACK ENTERPRISE: As one of the few black actresses that has transcended race through your roles, what is the secret to your mainstream appeal?

It changes with time. When I was younger my unwillingness to compromise saved me from making choices that I might later regret. Then, I became a mother, which taught me patience and that has been a tremendous help in my career’s perseverance. It reinforced my belief that if you are truly committed to doing something and believe it will happen, it will happen in due time. Patience and obedience [to your craft] is key in this industry.

Indeed, and you credit that with helping you wait for the better roles after having been typecast as the devoted or no-nonsense girlfriend or wife in the past?

At one point I was stalled with only those types of roles and I could have continued the wife roles because the offers were there, but I had to believe that the universe would provide another role if I turned one down. I also had to make sure that my finances were in place.

Self-preservation can be difficult in such a fickle industry. What are some practices that have ensured your financial stability throughout the years?

Often we see the big check, but don’t take time to think that it might have to last you all year. The worst thing is living hand-to-mouth. While I’m definitely a shopper, I make smart choices. I’m a huge Target fan and not ashamed to admit that I keep up with what they have new each month (laughs). I do my best not to buy things for the moment and spend less money on trendy items, but invest in timeless classics such as a pump or a watch.

As an actress, what other personal investments do you make for the long haul?

The Screen Actors Guild has a pension plan that you can put money in, which is equivalent to an employee setting up a 401(k) with their company. Whenever I get a big check I make some type of investment. I’ve done many of them in small ($ 65,000 to $ 120,000) in 24-hour fitness gyms and the amount of return was genius. People are always going to work out. If you’re going to try to invest, it’s important to take your time and find someone you really trust who can help advise you. I’ve been with my business manager for 13 years and he’s great. Try to keep abreast of business opportunities that fall between the lines of conservative and liberal. You don’t want to be too progressive. When the stocks dropped, I lost very little because I didn’t have any money in stocks. Find different types of investments like a storage company. When folks went bankrupt and lost homes they had to find storage for their personals. Sometimes the most practical items and services are the ones worth investing in.

After your HuffPost op-ed “The Emmys: As White as Ever” did you receive any backlash or did it generate healthy dialogue between you and colleagues?

I think it generated healthy dialogue between people. Those that are around me (black and white) mirror my sentiments, so I wouldn’t say I received a lot of backlash.

 


Editor’s note: This article originally published on Jan. 25, 2011. It was updated by Selena Hill.

The post Regina King, Her Rise to Hollywood Royalty, And How She Survived Financial Hard Times appeared first on Black Enterprise.

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Theresa May survived the confidence vote and will continue as Prime Minister

Here’s everything to know…

REX

Ever since Theresa May stepped into the role of Prime Minister following the divisive 2016 Brexit vote, it has been a turbulent ride.

Two years later and there are accusations of little progress made, with this Brexit appearing to be softer and slower than anyone could have predicted.

But today, after more than 48 letters of complaint sent to Graham Brady, it was announced that Theresa’s days at No.10 could be numbered as Tory MPs requested a vote of confidence in their leader, with a potential no confidence vote triggering a new leadership competition.

But the results are officially in, and May has survived the confidence vote.

The Prime Minister needed 159 votes to remain leader, something she succeeded, getting 200 votes, with 117 MPs voting against her.

‘Sir Graham Brady has confirmed that he has received 48 letters from Conservative MPs so there will now be a vote of confidence in my leadership of the Conservative party,’ Theresa May announced this morning. ‘I will contest that vote with everything I’ve got.’

‘Delivering the Brexit people voted for. Building a country that works for everyone. I have devoted myself unsparingly to these tasks ever since I became prime minister,’ May concluded. ‘And I stand ready to finish the job.’

Theresa May's name

Rex

The vote took place tonight between 6pm and 8pm, seeing Tory MPs reveal their trust in their leader.

Before the vote, Theresa reportedly told MPs that she would not fight the next election, and would step down before it.

The Prime Minister is now immune from leadership challenges for the next year.

We will continue to update this story.

The post Theresa May survived the confidence vote and will continue as Prime Minister appeared first on Marie Claire.

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‘We were going to cook’: Man recounts how he and his mom, 90, survived fire

"I walked a mile and a half and saw four houses," the Paradise resident said.
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Brent Taylor was months from finishing his tour and is survived by a wife and seven children

Brent Taylor, the mayor of North Ogden, Utah, and an energetic and beloved figure in Utah politics, was killed Saturday in an incident in Afghanistan, where he was serving as a member of the state National Guard.


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SPECIAL NEWS BULLETIN:

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