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Business - Page 2 of 139
COVID’s effects worsen America’s racial wealth gap: Blacks own 22 cents for every dollar held by whites Closing gaps would create 1.7 million jobs, add $300-450 billion to the economy
September 30, 2021
As the global pandemic continues to take lives and infect multiple generations, virtually every dimension of life is challenged. And people with the fewest financial resources before COVID-19 are being challenged more than ever before.   It is both a challenge and an opportunity for leadership in the Biden Administration, Congress, the Federal Housing Finance Agency, the Department of Housing and Urban Development, along with the private sector address to effect policies and practices that reverse the nation’s still-growing racial wealth gap. Tried and true wealth-building tools like targeted homeownership and expanded small business investments together would bring sustainable and meaningful changes to those who historically have been financially marginalized.  ... read more »
Fighting wave of misinfo, YouTube bans false vaccine claims
September 29, 2021
YouTube announced a sweeping crackdown of vaccine misinformation Wednesday that booted popular anti-vaccine influencers from its site and deleted false claims that have been made about a range of immunizations. The video-sharing platform said it will no longer allow users to baselessly speculate that approved vaccines, like the ones given to prevent the flu or measles, are dangerous or cause diseases. ... read more »
Los Angeles Businesses Find Mentorship Through Jrue and Lauren Holiday Fund
September 23, 2021
In the wake of the COVID-19 pandemic and the uptick of Black Lives Matter protests, NBA guard Jrue Holiday and his wife Lauren wanted to help people of color. They decided to use the remainder of Jrue’s 2020 salary to help Black and Brown businesses in Los Angeles, Indianapolis, New Orleans, and Milwaukee. This was the inception of the Jrue and Lauren Holiday Fund (JLHF). ... read more »
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Owner of Cakes by Chante Confirms Love is the Secret Ingredient to her Success
September 16, 2021
Cakes by Chante bakery owner, Chante Bernard recounted the start of her journey to the holy matrimony of her parents, celebrated on September 8, 1973. They were showered with wedding gifts and among these presents, they would find a lime green Hamilton Beach cake mixer, a gift that would encompass a beautiful destiny. ... read more »
Secretary Fudge, HUD convened African American officials to discuss the housing investments in President Biden’s Build Back Better plan
September 16, 2021
U.S. Department of Housing and Urban Development Secretary Marcia L. Fudge convened a virtual roundtable discussion with over 90 mayors, state legislators, county commissioners, and local municipal leaders on the housing investments and racial equity opportunities that would be created through President Biden’s Build Back Better plan. The mayors and state and local elected leaders make up the executive teams and memberships of the National League of Cities- National Black Caucus for Local Elected Officials, National Organization of Black County Officials, African American Mayors Association, and National Black Conference of State Legislators. ... read more »
Racial Equity Finds a Permanent Home in Los Angeles
September 13, 2021
Monday, September 13, 2021, marks a monumental day in the history of Los Angeles. Attorney and Executive Director of the Civil and Human Rights Department, Capri Maddox has cut the ribbon to the newly established building looking to house the first racial equity branch of local government in the Los Angeles City Mall arena.  ... read more »
Dr. Tony Allen Appointed as Chair of President’s Board of Advisors on HBCUs
September 9, 2021
... announced his intent to appoint Dr. Tony Allen as the Chair of the President’s Board of Advisors on Historically Black Colleges and Universities (HBCUs). The Board will advance the goal of the ... ... read more »
Balance Your People and Profits: Cal Bill Pushes Amazon, Walmart, and Other Big E-Retailers
September 9, 2021
Last week, warehouse workers, labor leaders, elected officials, and community groups came together on the steps of the California State Capitol. Their goal was to generate public support for California’s pro-worker “Warehouse Workers Protection Act,” – also called Assembly Bill (AB) 701-- and to encourage the state Senate to pass it. ... read more »
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Maverick’s Flat Has a New Stakeholder in Nina RoZá
September 2, 2021
She shares how she has resurrected the iconic venue into something new for the community. ... read more »
Mozee Named General Manager of City’s StreetsLA Bureau
August 26, 2021
Keith Mozee believes in doing his best, regardless of the task, and that mindset paved the way for his journey from truck driver to general manager of StreetsLA, the Los Angeles city department formerly known as the Bureau of Street Services. ... read more »
Celebrating Black Business Month: A Call to Act
August 26, 2021
August is Black Business Month – It’s a time to celebrate Black-owned businesses and honor the rich heritage of Black entrepreneurship. It’s a call to continue to empower Black business owners in our communities and advocate for economic inclusivity for all. ... read more »
Beyoncé and Jay-Z Making More History
August 26, 2021
The power couple stars in Tiffany’s latest advertising campaign, and the company calls it a celebration of modern love. ... read more »
BALDWIN HILLS CRENSHAW MALL SOLD
August 25, 2021
Crenshaw Boulevard is considered by many as the heart of the African American Community and believe the Crenshaw Mall is the catalyst to economic stimulus and economic revitalization within our community.   ... read more »
Long Beach Center of Economic Inclusion Finds their Permanent President and CEO
August 19, 2021
The Long Beach Center of Economic Inclusion (LBCEI) open their doors to an undeniable force and gave him the authority to shape the progression of their organization; Byron Reed has become LBCEI’s first permanent president and CEO. ... read more »
JONATHAN SANDVILLE JOINS AFRICAN AMERICAN BOARD LEADERSHIP INSTITUTE AS PRESIDENT AND CEO
August 18, 2021
Philanthropy executive Jonathan Sandville has joined The African American Board Leadership Institute (AABLI) as its new president and CEO, replacing recently retired co-founder Yvette Chappell-Ingram, the organization’s first president and CEO. ... read more »
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