News (Business)

Historic Bill Raises Minimum Wage to $17 and Eliminates Tipped Wage for Contracted Workers at BWI Airport and Baltimore Penn Station

Following a three-year campaign, Doran Brown, a contracted wheelchair agent at BWI Marshall Airport in Baltimore, and over 2,000 union and non-union contracted workers at BWI Marshall Airport and Baltimore Penn Station who earn as little as $8.50 per hour plus tips will see their hourly compensation rise to $17 five years. The higher salary is a result of the Secure Maryland Wage Act, a new law sponsored by Maryland Senator Antonio Hayes and Delegate Kriselda Valderrama.

WATCH: Grand Opening of Chase Community Center

On Thursday, May 6, Chase Bank (on the corner of Crenshaw Blvd. and Vernon Blvd.) marked the grand opening of its first community center branch in California, a completely redesigned banking experience for the South Los Angeles community in the Crenshaw District. The new branch has a focus on helping people of color and small businesses owners in underserved communities. The new community center is part of JPMorgan Chase’s $30 billion five-year commitment to advance racial equity and close the racial wealth gap by bringing more opportunities to diverse and underserved communities, like South Los Angeles where 19% of the

Conoco Phillips Heads Diversity and Inclusion Efforts in the Oil and Gas Industry

At ConocoPhillips, Shawn Green and Maalika Moore-Thomas each take an optimistic approach to recruiting some of the best minority talent and minds. Green, the manager of global services and technology, and Moore-Thomas, the senior supplier diversity coordinator, also keep a steady eye on diversity and inclusion with ConocoPhillips’ contractors and suppliers.

EBONY Names Marielle Bobo Editor-in-Chief & Senior Vice President, Programming

EBONY, the iconic brand serving as the leading voice of the Black American experience for 75 years, has announced that Marielle Bobo has been tapped as Editor-in-Chief & Senior Vice President, Programming, effective immediately. Following its recent relaunch under new ownership, Bobo’s appointment signals the next milestone in the rebirth of EBONY and is a crucial part of its strategic expansion as a digital-first brand focused on building a platform for and by African Americans.

NOTED BUILDER AND ENTREPRENEUR CHARLES QUARLES LENDS NAME TO WATTS AREA BUSINESS INCUBATOR

“Preparing for Post-Pandemic Progress” (SOUTH LOS ANGELES-CA) Charles Quarles, President of The Bedford Group of Companies, a leading Los Angeles real estate development firm, has lent his family name to the Quarles Business Opportunity Center (QBOC), a business incubator focused on assisting minority entrepreneurs in the communities of: Watts, Willowbrook, Compton, Carson, and South Los Angeles.

BBA Salutes Black Women, Honors Gwen Moore

The theme was “Valiant Women of the Vote: Refusing to be Silenced.” Elected officials, business executives and community leaders were among the people joining BBA President Earl “Skip” Cooper II in recognizing Moore and other females who have contributed to securing women’s rights in America. Gwendolyn A. Goodman, public relations director of the Black Women’s Network, was the emcee for the occasion.

Yvette Chappell-Ingram Retires from CEO Role at AABLI 

The mission of AABLI is “to strengthen nonprofit, public, and private organizations by recruiting and preparing African Americans for service on a broad range of governing boards.” Chappell-Ingram has upheld that objective in her years of service as founder and chief executive officer of the organization.  

La Create Sp_ce Creates Community Wealth Under One Roof

Working as the foundation for many Black-owned businesses is the co-working facility La Create Sp_ce. Located in Inglewood, California, sits a two-story building with 2,600 square feet of innovation and productivity. Owners, Marisa and Terell Johnson break down the values of La Create Sp_ce and the significance of creating a supportive environment for people of color and their businesses.

General Motors Announces 400 Percent Increase in Ad Spending with Black-Owned Media

General Motors officials said it would be more productive to host a series of meetings involving a more extensive mix of Black-owned media publishers and executives. “To ensure that our conversations are both substantive and constructive, we are going to postpone and reschedule it into a series of smaller conversations that take place over the next few weeks,” GM global Chief Marketing Officer Deborah Wahl told the executives.