Business
Stedman Graham to Receive 2020 Horatio Alger Award
Horatio Alger Association of Distinguished Americans, Inc., a nonprofi t educational organization honoring the achievements of outstanding individuals and encouraging youth to pursue their dreams through higher education, recently announced that, Stedman Graham, Chairman and CEO, S. Graham & Associates (SGA), has been selected for membership in this prestigious organization.
Leo Burnett Chicago Names Aki Spicer Chief Strategy Officer
Leo Burnett Chicago recently named Aki Spicer to the role of chief strategy officer. Elevated from the role of EVP and Global Strategy Lead, Spicer will report to Andrew Swinand, Leo Burnett Group CEO.
Justice Department Issues Business Review Letter to the GSMA Related to Innovative eSIMs Standard for Mobile Devices
The Department of Justice’s Antitrust Division recently announced that it has completed a nearly two-year long investigation into the standard-setting activities of the GSM Association (GSMA), a trade association for mobile network operators.
Ross University School of Medicine and Oakwood University partner to increase physician diversity in the US
African Americans make up only six percent of U.S. physicians. With the goal of driving diversity among U.S. physicians, Oakwood University and Ross University School of Medicine (RUSM) recently announced a new agreement to help more African Americans attend medical school.
Bank of America Makes $400,000 Investment Through Neighborhood Builders Program To Advance Economic Mobility in Chicago
Bank of America recently announced it has awarded $200,000 in funding and leadership resources to both Chicago Scholars and Enlace Chicago as part of Bank’s signature Neighborhood Builders® program.
Illinois to Seek Disaster Declaration from Small Business Administration to Aid 1.4M Illinois Residents
The Federal Emergency Management Agency (FEMA) recently denied the state’s appeal for federal assistance to help residents in 22 counties recover from 2019’s severe storms and historic flooding along the Illinois and Mississippi rivers. In light of these new developments, the Illinois Emergency Management Agency will seek a disaster declaration from the U.S. Small Business Administration.
Fight to Fame Brings on Roy Jones Jr. as an Ambassador
Fight to Fame, an entertainment platform with the aim to create new movie stars from the fighting industry recently announced that Roy Jones Jr. has joined fellow world class fighters Chris Van Heerden, Rigan Machado, and Prince Badi Ajamu as one of Fight to Fame’s ambassadors. The ambassadors are expected to guide the new blockchain technology company in the right direction while drumming up support from upcoming fighters.
The Toy Insider Experts Reveal Top Holiday Toy Trends of 2019
The Toy Insider recently revealed the top eight trending toy themes of 2019, giving consumers an inside look at the hottest categories and hand-picked favorites that are sure to be bestsellers this holiday season, according to a press release.
The National Black MBA Association® Announces the 42nd Annual Conference and Exposition to Be Held in Washington, D.C. During Its 50th Anniversary Year September 22-26, 2020 #NBMBAA
The National Black MBA Association® recently announced Washington, DC as the home for their 42nd Annual Conference and Exposition, taking place September 22-26, 2020. The organization will also celebrate a major milestone as it commemorates its 50th anniversary year.
MBDA Awards NAIC Million Dollar Grant To Raise $1 Billion For Investment In Minority Entrepreneurs
The Minority Business Development Agency (MBDA) of the U.S. Department of Commerce and the National Association of Investment Companies (NAIC), the largest network of diverse-owned private equity firms and hedge funds, recently announced that MBDA has awarded NAIC a $1.4 million grant to support a project that will facilitate the aggregation and deployment of approximately $1 billion in growth capital into minority-owned businesses
The Association of Corporate Citizenship Professionals Hosts Two Events in Chicago
Registration is open for The Forum and the Introduction to Impact Measurement Summit hosted by The Association of Corporate Citizenship Professionals (ACCP) in Chicago this fall. The Forum will be held October 29 to November 1 at Conagra Brands.
McDonald’s Black & Positively Golden Movement & YWCA USA Join Forces to Close Entrepreneurship Knowledge Gap for Rising Moguls
McDonald’s USA, through its Black & Positively Golden movement, recently announced its dynamic yearlong commitment to YWCA USA to expand its Women’s Empowerment 3600 (WE 3600) program. WE 3600, powered by Black & Positively Golden, is designed to help women of color overcome barriers to starting, growing and sustaining businesses while providing them with educational tools to increase their knowledge and confidence as entrepreneurs.
Target to Hire More Than 130,000 Seasonal Team Members
Target Corporation (NYSE: TGT) recently announced plans to add more than 130,000 seasonal team members across the country for the upcoming holiday season, including a two-fold increase in the number of roles focused on fulfilling digital orders from its stores. In addition, the company committed to offering existing team members additional hours based on their preference and availability.
Unemployment Rate Falls to Historic Low in August
Th e Illinois Department of Employment Security (IDES) recently announced that the unemployment rate was 4.0 percent in August, down 0.2 percentage point from the prior month, based on preliminary data provided by the U.S. Bureau of Labor Statistics (BLS) and released by IDES. Th e August unemployment rate was the lowest monthly unemployment rate for the state on record. Nonfarm payrolls were stable compared to the prior month, down -1,400 jobs. Th e July monthly change in payrolls was revised from the preliminary report (from -400 to +1,300 jobs).
