Here are our best picks for the second week in September from the staff at BEBN. We really like our lead article
••• I took my daughter to Daymond John’s Black Entrepreneurs Day. Here’s what we learned. (Entrepreneur Magazine) — This year’s event was highlighted by insightful conversations with Black business icons including Cedric the Entertainer, Whoopi Goldberg, SHAQ, Anthony Anderson, Cari Champion, Sloane Stephens, and many more. The best advice came from Whoopi Goldberg who said, “Failure isn’t devastating, it’s just annoying”
A Black Woman’s Rise in Architecture Shows How Far Is Left to Go “in professions dominated by White males” (NY Times) — Left to go in professions dominated by White males.
Black Georgia entrepreneurs win prizes in a Pharell-backed competition (Atlanta Journal-Constitution) — Local Black founders won between $20,000 and $250,000 in the Black Ambition competition
Smashing the ‘Concrete Ceiling’: Black women are still missing from corporate leadership (Phys.org) — Black women hold 0.8% of Canadian Board positions while White women hold more than 20%.
Black financial institutions face new threat following Supreme Court ruling (Center for Public Integrity)
State of Housing In Black America Report Reveals Persistent Barriers (National Mortgage Professional)
Blacks continue to gain income and wealth in the United States: An Overview of Recent Data (Peter G Petersen Foundation) – Interestingly, Black income and net wealth continue to rise in 2022. This data is from the yearly survey of family income and wealth by the Census Bureau, which shows a continued one-year rise in 2022, It confirms the data from the survey on Consumer Finances that Black income and Wealth continued to grow in 2022.
State of Housing In Black America Report Reveals Persistent Barriers (National Mortgage Professional)
Steinbridge Group Announces $100M Commitment to Historically Black Colleges, Universities & Other Institutions (Business Wire)- Steinbridge will commit $100 million dollars to Historically Black Colleges and Universities.
Black Business
Color Bold: Support local Black, Indigenous, and people of color (BIPOC)-owned businesses with the ColorBold Business Association Inc. (wisbusiness.com)
Support Greater Seattle’s Black-Owned Businesses This Shopping Season During Inaugural Black Black Friday Event (PR Newswire)
Internet Equality: How The FCC Reinstating Net Neutrality Impacts Black Entrepreneurs (Forbes)- Diversity is lacking in internet providers under the new net neutrality, which could impact Black Americans and those who own businesses.
I took my daughter to Daymond John’s Black Entrepreneurs Day. Here’s what we learned. (Entrepreneur)
Black Georgia entrepreneurs win prizes in a Pharell-backed competition. Local Black founders won between $20,000 and $250,000 in the Black Ambition competition (Atlanta Journal-Constitution)
Op-Ed: Black Community Uplift Requires Robust Investment (Newsone)
SBA loans to Black businesses rise in state, region, nation (The Bay State Banner)- Loans provided by the SBA to black businesses have increased by $18 million, according to the agency’s director, Bob Nelson.
A Black Woman’s Rise in Architecture Shows How Far Is Left to Go (NY Times)
*Steinbridge Group Announces $100M Commitment to Historically Black Colleges, Universities & Other Institutions (Business Wire)- Over the next year Steinbridge Group will commit $100 million dollars to Historically Black Colleges and Universities that will help graduates become homeowners and build wealth within the communities.
Bakari Sellers headlines Tri-County Technical College Men of Color luncheon. What to know. (Independent Mail)
Historic marker recognizes Edmonton Heights’ place on federal registry (Huntsville)- In June of 2021, Edmonton Heights became the first black residential neighborhood to be listed to the federal and national registry because of its architecture and history.
Werner Enterprises (WERN) Appoints Michelle D. Greene to its Board (StreetInsider.com)
African American Chamber of Commerce hosts 2023 Masquerade Gala fundraiser (The Cincinnati Herald)- The African American Chamber of Commerce is a non profit organization that is focused on providing opportunities for African Americans in the business community.
New African American Community Alliance receives $250k from Claude Moore (Loudoun Times-Mirror)
*African American Women in the Federal Sector (U.S. Equal Employment Opportunity Commission)- African American women employment in civilian Federal service do worse than other groups, such as White women and African American men.
Elections matter, but economics matter even more (The Philadelphia Tribune)
Black Americans from well-educated families continue to face educational barriers, finds study
(phys.org)
Smashing the ‘concrete ceiling’: Black women are still missing from corporate leadership (Phys.org)
Black financial institutions face new threat following Supreme Court ruling (Center for Public Integrity)
State of Housing In Black America Report Reveals Persistent Barriers (National Mortgage Professional)
All Black National Convention advocates for Black wealth, education, family and health The Final Call– For Black and Hispanic people, a lack of socioeconomic equality can have a negative impact because these two races are underrepresented.
Opening a PCI Facility Improves Heart Attack Outcomes, Especially for Black Patients (nber.org)
Income and Wealth in the United States An Overview of Recent Data (Peter G Petersen Foundation) – Interesting, Black income and net wealth continue to rise in 2022. This data is from the yearly survey of family income and wealth by the census bureau, which shows a continued one-year rise in 2022, It confirms the data from the survey on Consumer Finances that Black income and Wealth continued to grow in 2022.
Rod Watson: The ‘Black tax’ on mortgages is ripe for cutting (Daily Progress) – Mortgage discrimination continues.
Education
The US economics profession’s socioeconomic diversity problem (cepr.org)
Finance
How Black-owned credit unions help empower communities (St. Louis American)
Entertainment
4 Lessons Black Businesses Can Learn From TikTok Influencer Keith Lee’s Stop In Atlanta Forbes– Popular TikTok food critic Keith Lee, reviews on Black restaurants he’s visited has caused a debate on expectations in the food service industry.
Michigan’s first female African American winemaker (Eight West)
WURD Radio celebrates 20 years of broadcasting the many voices of Philadelphia’s Black community (BillyPenn) – Founded by Walter Lomax Jr. and run by his daughter, Sara Lomax, the station has a lot planned for the future. WURD is a true gem. I listen all the time in Philly and on the internet. The best Black talk radio station in the country.
Reparations
Reparations group gets started on possible compensation for Black residents (Oakland North) — Alameda County Reparations Commission
Labor
SAG-AFTRA Strike Ends After Four Months But Questions Remain For Black Artists (Black Star News)
Farming
*Farmers remain concerned about future investments (The Black Chronicle)
Politics
*As Black Voters Drift to Trump, Biden’s Allies Say They Have Work to Do (New York Times)
Industry News
Economic Benefits and Social Costs of Legalizing Recreational Marijuana (Kansas City Fed)
Recreational Marijuana and Economic Development (Congressional Research Service)
Racial, ethnic disparities in long-term care remain among older adults despite passage of Affordable Care Act: Study (Medical Express)
Missouri’s First Black Owned Brewery (Blavity)
Real Estate
*America’s Credit Crisis Throws Wrench Into Black Homeownership Plans (Newsweek)
Highly Anticipated Black Housing Summit Begins This Week in Birmingham, AL (Birmingham Times)- The National Association of Real Estate Brokers Inc. is sponsoring an event to spread awareness on helpful ways African Americans can have easy access to home ownership.
She led the Black Panthers. Now she’s a property developer – for Oakland’s poorest (Guardian)
History
‘Half American’ explores how Black WWII servicemen were treated better abroad (NPR)
Travel
How This British Tour Guide Unveils Black Culture In London (Travel Noire)