Business
DEVRY UNIVERSITY STUDENTS TO BENEFIT FROM $100 MILLION FTC SETTLEMENT
For the third time in two years, a large for-profit college has faced charges of defrauding its students. This time the charges stem from promises of jobs and incomes that never materialized. On December 15, the suburban Chicago-based DeVry University agreed to a $100 million settlement to end a lawsuit filed by the Federal Trade Commission (FTC). Filed in January, the FTC charged that from 2008 to 2015 the for-profit institution engaged in deceptive marketing and advertising.
Atlanta based sneaker company, Sneakerscustom.com, generates buzz worldwide
The sneaker industry has gone thru many evolutions over the past 30 years. From the emergence of global brands like Nike, Jordan, Adidas and Converse to high-end designer sneakers from Gucci, Armani and Polo, now the newest development in the sneaker business is the "custom sneaker" designed for organizations, schools, celebrities or anyone with aspirations of making their own sneaker brand.
Nogginwear Old Glory Hat chosen for Mariah Carey's "Sweet Sweet Fantasy" Concert in Hawaii
Nogginwear, the First & Only Limited Edition Hat Subscription, is celebrating having their Old Glory hat chosen as a special gift in the swag bag for Mariah Carey, Jussie Smollett, special guests and entourage on her "Sweet Sweet Fantasy" tour in Hawaii.
Author and Conscious Commerce Expert Who Lived Exclusively Off Black Businesses for Entire Year Announces New Venture
Author, Activist and Conscious Commerce Expert Maggie Anderson recently announced her latest venture MAGGIESLIST.com. The website, built by iSwop Networks is an empowerment resource for consumers whose habits, attitudes, and moral compass drive a duty and desire for buying from Black-owned businesses; and all institutions committed to supporting economic growth in the Black community.
WorldRemit and Xpress Money announce global money transfer partnership
London & Dubai - Digital money transfer service WorldRemit and global money transfer brand Xpress Money recently announced a partnership to open up new remittance routes across Africa and Asia.
Dr. Wilson bails out 58 detainees
CHICAGO – The iconic businessman Dr. Willie Wilson bailed out 58 Cook County Jail detainees recently including some women who were pregnant and could not make their $50 bond, but remained in jail awaiting a January court date.
U.S. BLACK CHAMBERS NAMED DISTINGUISHED ADVOCATE OF THE YEAR
The U.S. Black Chambers, the only national advocacy organization working solely to advance Black businesses and building economic power in the Black community, was named Distinguished Advocate of the Year.
Comcast Business Expands Fiber Optic Network In Englewood
Comcast announced recently that it has expanded its network to Englewood Square, a 5.5 acre retail development anchored by Whole Foods in Chicago’s Englewood neighborhood. This proactive technology infrastructure investment, which includes fiber optic and coaxial cable, will give retailers in the development access to Internet speeds of up to 10 Gbps (100 Gbps on a case-by-case basis), along with a wide range of Comcast Business services, including Ethernet, Internet, Voice and value-added cloud services.
Comcast Business Expands Fiber Optic Network In Englewood
Comcast announced recently that it has expanded its network to Englewood Square, a 5.5 acre retail development anchored by Whole Foods in Chicago’s Englewood neighborhood. This proactive technology infrastructure investment, which includes fiber optic and coaxial cable, will give retailers in the development access to Internet speeds of up to 10 Gbps (100 Gbps on a case-by-case basis), along with a wide range of Comcast Business services, including Ethernet, Internet, Voice and value-added cloud services. Fiber means increased bandwidth – and increased bandwidth allows businesses to better serve customers, access more and more applications and services in the cloud, accommodate rapidly increasing numbers of employees in the field using mobile devices and exchange large amounts of data. Having the fiber so close also allows Comcast to install new customers more quickly and could reduce or even eliminate their start-up costs.
Footaction Fuses Old School Flavor With New School Style In Video Docuseries ‘Footaction Free Flow’
Footaction, a national retailer of apparel and footwear lifestyle brands, announced its new digital docuseries, “Footaction Free Flow,” that brings together the industry’s top musical talent from multiple generations in an unfiltered discussion about today’s hottest topics.
SBA Launches New Website for America’s Small Businesses and Entrepreneurs
(Black PR Wire) WASHINGTON, D.C.— SBA has launched certify.sba.gov, a new website to further streamline and improve the application processes for small businesses and entrepreneurs seeking to do business with the federal government.
Citizens Bank Names Lamont Young Head of Digital
(Black PR Wire)—Citizens Bank recently announced the appointment of Lamont Young as Head of Digital. Young will also continue to manage his existing responsibilities for Multi-Channel Marketing. With more than 20 years of digital and marketing experience in the consumer goods and financial services industries, Young will oversee Citizens strategic investments in digital, online and mobile banking, digital marketing, user experience and social media. Young was also named to the Executive Committee for Citizens Consumer Bank.
Illinois Goes Mobile
SPRINGFIELD, IL – The days of calling or visiting an office for assistance are quickly disappearing. Today, people want to find information and answers when and where it’s most convenient for them, which is often from a mobile device. To coincide with that growing preference, the Department of Innovation & Technology (DoIT) is releasing four new mobile responsive applications to provide citizens with easier access to government services and information.
SECC and Bank of America Renew Business Development Partnership
CHICAGO - The South East Chicago Commission (SECC) recently announced a renewed grant partnership with Bank of America for SECC’s Business District Program for the second consecutive year. This funding will help SECC, a City of Chicago Neighborhood Business Development Center (NBDC), provide technical assistance and build capacity of businesses within its five-community footprint on the mid-South Side: Hyde Park, Kenwood, Oakland, Washington Park and Woodlawn.