By Pepper Miller Black America Is Still Playing Catch-Up John and Maggie Anderson of Oak Park, Ill., made headlines in December when they pledged to help jump-start the economy by exclusively supporting Black-owned businesses for an entire year beginning Jan. 1. As reported in the Chicago Sun-Times:
The Andersons, who plan to spend about $10,000 a month […]
February 6, 2009 | Posted in Black Owned, Op-Ed | Read more »
Re-entering the conference room where his company’s board of directors awaits his return, Maurice Slaughter assertively provides the mostly white male group with its next points of discussion . He leaves and heads back to his office in his Harley-Davidson dealership in Portsmouth.
On the walk back, he passes the warehouse-sized showroom that is a mosaic of […]
U.S. Rep. Barney Frank yesterday defended helping Boston’s OneUnited Bank land $12 million in federal funding, despite regulatory complaints its executives were getting “excessive” pay and even a Porshe for its CEO.
Frank, head of the powerful House Financial Services Committee, acknowledged that last fall he inserted into the government’s $700 billion […]
January 25, 2009 | Posted in Black Owned, Nation | Read more »
Giant Wells Fargo Bank announced last week that it has met its goal of lending $1 billion to Black-owned businesses within a 10 year period. In fact the Cailfornia-based financial institution says it met the goals two years early. The goal was apart of the banks African-American Business Services Program.
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January 21, 2009 | Posted in Black Owned, Co-feature | Read more »
With the inauguration of Barack Obama as the first black president of the U.S. a day away, the historic occasion has been celebrated through a countless number of festive activities throughout the nation’s capital. But Sunday night’s Private-Equity Inaugural Gala attracted scores of BE 100s CEOs, heavyweight minority executives, and high-powered […]
January 20, 2009 | Posted in Black Owned, Co-feature | Read more »