News (Business)

Lowe’s CEO Addresses Race, Inflation and Vaccine Mandates

Lowe’s CEO Marvin Ellison personally knows about racism. He grew up in segregated rural Tennessee. His father was a sharecropper-turned-insurance salesman and his mother was one of the first in their family to graduate from high school. Both parents taught him and his six siblings to never allow their surroundings to limit their expectations or their vision of what they could be.

Meet the 29-Year-Old Activist and Atty Chairing California’s Reparations Task Force

In June, California launched the nation’s first Task Force to Study and Develop Reparation Proposals for African Americans this year.   The nine-member committee was established to meet the requirements of Assembly Bill (AB) 3121, which California Secretary of State  Shirley Weber authored and introduced in 2020 when she served in the Legislature.  Gov. Newsom signed it into law in September 2020.  “This is a debt that is owed, just because it hasn’t been paid doesn’t mean it goes away,” said the newly elected chair of the California reparations task force Kamilah V. Moore.    At the task force’s first meeting on June

California Goes on Offensive as Omicron Variant Threat Grows 

Three days after Thanksgiving, Gov. Gavin Newsom went online to address the new COVID-19 Omicron variant, a version of the virus with at least 50 mutations, according to the World Health Organization.  26 of those mutations have never been detected before, scientists say.    “California is monitoring the new variant,” Newsom tweeted. “We will continue to be guided by data and science. Right now, the best way we know to protect yourself is to get vaccinated and get your booster. Go today. Don’t wait.”  The variant was first identified by a South African scientist and has since surfaced in several other Southern

Black Cannabis Entrepreneurs Say State’s $30 Million Fee Waiver Fund May Not Be Enough

Alphonso “Tucky” Blunt, the owner of a marijuana product store in Oakland called Blunts and Moore, says his business is located in the same zip code where he was arrested for selling weed illegally in 2004.   Now that he is legit in the business – he opened his store a little over three years ago– Blunt says it is nearly impossible for Black and other minority-owned cannabis startups like his to make a profit in California.   “Where’s the tradeoff? I’ve been in the business for a few years and I’m still in the red. California has one of the highest

Black Woman Tech Founder Survived Homelessness and Started a Movement to Increase Generational Wealth in South L.A.

Homeless at the age of 19, Cassie Betts has a riveting life story. She shares memories about befriending “questionable characters of the night,” with the tech-savvy inner-city youth she trains in her technology academy Made In South L.A. (MISLA), initially launched from the janitor’s closet of a South Central Los Angeles charter school.