Ken Chenault, who is black, was recently named as the next chief executive of American Express.

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Ken Chenault, CEO of American Express, and Richard Parsons, CEO of Time Warner, and countless other business leaders I've met have all told me that more and more the answer is no.

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In the same interview with CBS Evening News, Ken Chenault stated that he hopes Small Business Saturday will become just as important and pivotal to the start of the holiday shopping season as Black Friday is.

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