Business
Employees of African-American business owners are more likely to receive robust benefits packages
As unemployment rates remain low across the country, strong employee benefits packages are a key driver of both recruitment and retention. According to Nationwide’s fourth annual survey of U.S. business owners with 1-499 employees, 85 percent of African-American business owners say they offer some form of an employee benefits package — well exceeding the broader business owner market (64 percent). Across every benefit category included in Nationwide’s survey, more African-American business owners indicate they provide more benefits to their employees than the general population of business owners.
Money expert Clark Howard releases annual rating of 529 plans by state
According to money expert Clark Howard, a 529 plan is the best way to save for college. However, plans vary so wildly by state that it is crucial to carefully select the right plan for you and your family. For this reason, Clark reviewed every commission-free plan in each state and selected the top options for consumers.
Small And Mid-Size Business Owners Feel A Slight Chill In The Air
Historic optimism about the national economy from the spring (50 percent) chilled slightly this fall (40 percent), but remains well above fall 2017 (29 percent), according to the PNC Economic Outlook, a semiannual telephone survey of small and middle-market business owners and executives. Four out of 10 business leaders described their outlook for the national economy as optimistic, the second-highest rating in the 15-year survey.
Ford Motor Company is Seeking Unsung Heroes in the Chicago Area
• Ford Freedom Unsung program kicks off to celebrate individuals who went above and beyond in the Chicago area • Call for nominations due Oct. 24; special awards ceremony to be held on Nov. 15 • Ford and its dealers have committed more than $3.5 million dollars in program support in Chicago since 2008
Key women leaders urge an override of Governor's veto
Key women leaders from around Illinois united recently to urge an override of the Governor's veto of new protections for fair treatment for women in the workplace, after he vetoed a similar proposal last year.
Report Lists 308 Black Corporate Directors of America's 500 Largest Public Companies, Identifies 187 Corporations with No Black Directors
Black Enterprise (BE) has released its latest exclusive report on African American representation on the corporate boards of 500 of America's largest publicly traded companies today at BlackEnterprise.com. The media company identifies 308 African American directors at S&P 500 companies, including JPMorgan Chase & Co., Prudential Financial Inc., ExxonMobil, and FedEx Corp., on the BLACK ENTERPRISE Registry of Corporate Directors. In addition, the report reveals 184 companies with no African American representation among their boards of directors.
Up to One Million Dollars in Financing to Be Awarded to Ethnic Minority Companies in ‘Shark Tank’-like Business Competition
Minority business owners have historically found it difficult to gain access to capital. This funding often plays a big part in determining between the success and failure of the business. Studies have shown that financial, human, and social capital, as well as racial discrimination, are primarily responsible for disparities between non-minority and minority businesses. Achieving parity is key to significant U.S. economic growth, creating new jobs and raising wages in economically disadvantaged communities.
Target Expands Holiday Assortment to Offer More Than 2,500 New and Exclusive Toys
New this year, to make shopping Bullseye's Top Toys even more easy and fun, Target has created an online experience that showcases top toys by key trends of the season
Advancing Transport for the Masses: Stark Drive Redefines E-Bike Affordability With an Innovative Folding and Configurable Bike Under $300 USD
Looking to transcend the current standards of the electric bicycle market, Stark Drive, (https://starkdrive.bike/), introduces a new level of personal conveyance and convenience on two wheels with their Stark Drive Mini e-bike.
The Duchess Of Cyber Security: Making Impacts In The Industry
When you think of cyber security, the prevention of computer hacking, and protection of digital assets comes to mind. After the recent digital hacks of companies such as Yahoo, Equifax, Target and JP Morgan Chase, it is obvious that this reoccurring security issue could use a major reevaluation by some of the brightest minds and experts. One woman making a massive impact in this field is Dr. Chanel Suggs.
Chicago, Cook County Homeownership to Get Boost with $8 Million NeighborhoodLIFT Program
Wells Fargo & Company (NYSE:WFC), NeighborWorks® America and its network member, Neighborhood Housing Services of Chicago, recently announced the NeighborhoodLIFT® program will expand to the Chicago area with an $8 million commitment by Wells Fargo to boost homeownership in Cook County.
Greencore Group appoints Anton Vincent as CEO of Greencore USA
Vincent joined the Group on July 9, 2018 and reports to Greencore Group CEO, Patrick Coveney. Vincent has over 20 years of leadership experience in the US food manufacturing industry and brings strong US food industry relationships to the Group. He joins Greencore from General Mills, where he most recently was the president of their $3 billion US Snacks division. Vincent began his career at General Mills in 1993, progressing through leadership roles including executive roles as President of the Frozen Frontier division and President of the Baking division.
The American Red Cross welcomes Parrish Ivy to the regional board of directors
“Parrish’s years of experience in the corporate sector and leadership skills add valuable perspective to our board of directors,” said Celena Roldán, chief executive officer of the American Red Cross of Chicago & Northern Illinois. “He is a great addition to our leadership team that serves the community through our humanitarian services and programs.”
Ellene V. Miles Hired As Senior VP Intersectional Marketing
Sony Pictures Entertainment has brought on marketing vet Ellene V. Miles to join the Motion Picture Group’s marketing team in the newly carved out position of SVP Intersectional Marketing. The announcement was made by Andre Caraco, co-president of domestic marketing.
