Business
Website Helps Visitors Improve Black Economic Conditions
On Thanksgiving Day of 2015, Fred Bethel and Tavares Bethel (brothers) were discussing the unfortunate circumstances surrounding the many shootings of Black men across America as well as the deplorable conditions surrounding Black communities. With approximately 46 million Black Americans in the U.S. that generate roughly 1.2 trillion dollars in the purchase of goods and services yearly within this country, it’s alarming to know that a group of people can generate such wealth and, yet, only possess 13 cents of wealth to every dollar of wealth obtained by White Americans.
Business partnership gives access to culturally relevant books
African Ancestry, Inc. recently announced its partnership with MahoganyBooks, an awardwinning online bookstore that specializes in books written for, by, or about people of the African Diaspora. The partnership underscores the power of Black businesses with aligned missions uniting to deliver produc ts and services that educate, uplift and empower Black communities across the world.
Changing business dynamics through diversity
Recently, more than 50 speakers of diverse cultural backgrounds, representing four dozen major corporations, prominent business and community organizations and leading universities and over 300 conference participants attended the second annual Asian American Business Roundtable (AABR) “The New Majority: Igniting the Future through Inclusion and Partnerships,” held at the Venetian, Las Vegas.
Colgate-Palmolive and Black Girls CODE Aim to Create a Brighter Future for Young African American Girls During Black History Month
To honor Black History Month, Colgate-Palmolive will partner with Black Girls CODE on a campaign focused on helping more young girls of color learn computer programming.
Food, Fuel, and Finance ...The 3Fs of Economics
Nearly half of U.S. high school students say they do not know how to establish good credit and more than one-fourth believe they will be unprepared to manage their finances upon graduation. This is according to recent research that reveals a lack of financial literacy among American youth.
GM HOSTS DISCOVER YOUR DRIVE DIVERSITY JOURNALISM PROGRAM AT NAIAS
Students from diverse backgrounds participated in the program that promoted diversity in automotive journalism and news coverage.
FAIR LENDING TO BE CFPB’S TOP PRIORITY IN 2017
If the 2008 financial crisis showed us anything, it’s that consumers need a strong and independent regulator to look after the interests of consumers.
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.