Business
OPERATION HOPE’S 1 MILLION BLACK BUSINESS INITIATIVE HAS SUPPORTED MORE THAN 155,000 BLACK BUSINESSES TO DATE
Operation HOPE, the nation’s leading non-profit dedicated to financial empowerment for underserved communities, announced that its groundbreaking 1 Million Black Business (1MBB) initiative has supported more than 155,000 unique businesses to date through its HOPE Inside network and 1MBB partners. According to the 1MBB 2022 Impact Report, which will be released in Q1 2023, this accounts for approximately 5% of all Black-owned businesses in the U.S.
Phocas Financial Issues First Quarter 2023 Investment Outlook for REIT Market
Phocas Financial Corporation ("Phocas"), an employee-owned registered investment adviser specializing in equity REIT and small-cap value equity investing, issued its Q4 2022 commentary and Q1 2023 REIT investment outlook.
The Gift That Keeps Giving for Your Child This Holiday Season
Financial education is crucial to longterm success – and that education begins at an early age. Research suggests many of the habits we carry into adulthood are set by age seven. For parents, it’s important to lay a foundation early that children can build on. Gifting a child a bank account this holiday season is one step to promoting financial literacy, empowering them to learn and develop healthy savings goals and budgeting habits that can help set them up for future financial success.
Association of African American Financial Advisors Announces New Leadership
The Association of African American Financial Advisor (“AAAA” or the “Association”), a non-profit membership organization for African American financial advisors and other wealth management industry professionals, announced the appointment of Alex David, President and CEO of Stifel Independent Advisors, as its incoming Chairman Emeritus. In this position, Mr. David will provide strategic guidance to the Association as it embarks upon the next stage of its vision for driving a more equitable wealth management industry.
Farmers National Banc Corp. Announces Board Addition
Farmers National Banc Corp. (NASDAQ: FMNB) (“Farmers”) welcomes a new member to its Board of Directors, Mr. André Thornton, who will bring a wealth of business experience to Farmers. Mr . Thornton was appointed by the Board of Directors effective Jan. 1, as a Class II director with a term expiring in 2024.
Tenia Davis Joins NORC as Senior Vice President and Chief Human Resources Officer
NORC at the University of Chicago is pleased to announce that Tenia Davis, PhD, has joined the organization as its first-ever senior vice president (SVP) and chief human resources officer (CHRO). An accomplished HR leader, Davis brings more than two decades of demonstrated expertise in leading HR strategy and operations for global, highgrowth companies.
This the season to save. Eight tips to stretch your money this holiday shopping season.
Consumer purchasing power is more diverse than ever , with Black consumers as central drivers of seasonal spending. As you prepare your holiday shopping list – and your budget – remember, a little bit of planning can go a long way toward achieving a financially healthy holiday season. With the holiday shopping season upon us, here are eight essential money-saving tips:
Black-Owned Fintech Company Launches Free Grant Search Platform
Black owned fintech and finance company Novae LLC has announced the launch of a new online tool designed to help small businesses to find grants and tax incentives that can help them to grow exponentially.
InteliChart Expands Leadership Team with New Chief Operating Officer
Inteli- Chart, a leader in patient engagement solutions forhealth care providers of all sizes, announces the appointment of Anthony L. Carter as its new chief operating officer. Carter brings over 20 years of experience in overhauling products and services to InteliChart, identifying opportunities to grow top-line revenues, driving product development, and guiding leadership teams to success.
THE GREAT RESTORATION: The Knowledge House Launches its 2022-23 Fellowship Campaign to Increase Tech Workforce Nationwide
The Knowledge House (TKH) will continue its eight-year journey with its 2022-23 Fellowship Campaign. This year’s theme is the “Great Restoration” to answer the call to corporations in need of Black and Brown technologists through its successful nationwide programming at its satellite locations in New York City, Newark, Atlanta, and Los Angeles.
Urban One’s “One Solution” Division Appoints Danielle Brown as Vice President, Cross Platform Client Services
Tiffany Nasralla, Chief Revenue Officer of Urban One’s iOne Digital division, announced the appointment of Danielle Brown to Vice President, Cross Platform Client Services (One Solution). Urban One is the largest African American minority-controlled and operated, fully integrated media company that reaches, connects, and engages with the Black and Urban consumer at scale across audio, digital, linear, and experiential. Brown will be responsible for successfully managing, growing, and developing long-term cross-platform accounts with top-tier clients and agency partners at all levels.
AWARD-WINNING BEAUTY COMPANY TLB RAISES $6.7 MILLION TO EXPAND INCLUSIVE BEAUTY BRANDS
Award-winning beauty company The Lip Bar Inc. announced that it has raised an oversubscribed $6.7M fundraising round to further grow its house of brands including The Lip Bar, the 10-year-old innovative vegan, cruelty free and non-toxic beauty brand, and thread beauty, the newly launched, bold, gender-neutral, Gen Z-focused, BIPOC beauty brand that is proving to be a breath of fresh air in the industry
Stackwell and Detroit Pistons Announce Partnership to Support Financial Access for Detroit’s Black Community
DETROIT and BOSTON, PRNewswire -- Stackwell, the digital investment platform created to eliminate the racial wealth gap, and the Detroit Pistons announced a multi-year strategic partnership to increase access to investment in the financial markets, and bring financial wellness and investment education programming to the Black community in the Detroit metropolitan area. Stackwell, which has just released the first-of-its-kind robo- investing app built to support personal investment and wealth building within the Black community, and the Pistons will co-host several events across Detroit to engage members of the community and help support their access to financial investment, in addition to other collaborations with the team to support Black students, and small business owners in the city.
African Pride Launches GROW Initiative as a Rallying Cry for Today’s African American Women
African Pride, an award-winning haircare brand known for addressing the needs of all hair types with premium, natural ingredients, is proud to announce the launch of its new initiative, GROW – a platform that celebrates their core consumer’s unique individuality and expands the possibilities on her path of evolution.
