November 20th to November 26th
Top Stories
At Lululemon, Being Black Is ‘Off-Brand’ (Business of Fashion) – Yoga apparel brand Lululemon, despite creating a new department to improve internal diversity and inclusion is still showing discrimination towards black people.
Fearless Foundation gets funding boost from national diversity group (The Atlanta Journal-Constitution) – The National Minority Supplier Diversity Council has partnered with venture capital firm Fearless Fund and its non-profit foundation, as both organizations fight against the racial discrimination lawsuit.
Black women make up the fastest-growing group of entrepreneurs (The Business Journals) – According to research from Godaddy Black women- led businesses have doubled in numbers since August of 2019.
How the Memphis Sanitation Workers’ Strike Changed the Labor Movement (The New York Times)
A report from the Black Bitcoin conference (Wired) – We are huge bitcoin skeptics here at Black Economics and Business New
Locked Up: The prison labor that built business empires (Associated Press)
The Black Los Angeles I grew up with is slipping away (LA Times) – A sad reminiscence about growing up in LA. It looks at the changes due to gentrification and housing affordability
Shop Black CT website features over 2,000 Black-owned businesses(Shop Black CT) – Above average Black business listing for Connecticut.
Ga. U.S. Rep. Nikema Williams introduces bill to fund entrepreneurs from HBCUs (The Atlanta Journal-Constitution)
“Black Friday” boycott of Of Downtown Gallery mall in Philadelphia in 1978 stopped Frank Rizzo’s bid for a 3rd Term. (WHYY) – NPR
Black Business
Google Unveils Its Fourth Annual ‘Black Owned Friday’ Business Showcase (SocialMediaToday.com)
EatOkra App Connects Foodies With Black-Owned Restaurants (Forbes)
5 Must Have Items For The Traveling Black Business Woman (Travel Noire)
As holiday shopping begins, Black business owners hope shoppers don’t forget them (NBC News) – During the 2020 protests following the death of George Floyd it raised awareness on social inequalities and inspired people to buy and support Black owned businesses, but since then things have slowed down for a lot of them.
Fearless Foundation gets funding boost from national diversity group (The Atlanta Journal-Constitution) – The National Minority Supplier Diversity Council has partnered with venture capital firm Fearless Fund and its non-profit foundation, as both organizations fight against the racial discrimination lawsuit.
Ga. U.S. Rep. Nikema Williams introduces bill to fund entrepreneurs from HBCUs (The Atlanta Journal-Constitution)
Black Arts Matter Festival Celebrates Black Owned Business Market (Madison365.com)
Black women make up the fastest-growing group of entrepreneurs (The Business Journals) – According to research from Godaddy Black women- led businesses have doubled in numbers since August of 2019.
Google and U.S. Black Chambers, Inc. Launch Fourth Annual Black-Owned Friday to Empower Black-Owned Businesses Now and Beyond the Holidays (Cision PRWeb)
CNO Financial Group Announces Corporate Donation to the African American Alliance of CDFI CEO (PR Newswire)
Support Black-Owned Businesses this Holiday Season with 60+ Great Shopping Destinations in Greater Philadelphia (Visit Philadelphia)
In Black America: The Good Soil Movement with Michael Phillips (KUT News)
Black-owned Pajama Line, PJ’s for the Culture readies holiday gifts (Blavity.com)
Venture Capital Exec Megan Holston-Alexander Encourages Black Entrepreneurs To Re-envision Wealth (Ebony) -The Cultural Leadership Fund is a venture capital fund that backs Black cultural leaders and organizations that prioritize Black wealth generation.
African American-Owned Friday Redefines Holiday Shopping (LA Sentinal)
Shop Black CT website features over 2,000 Black-owned businesses(Shop Black CT) – Above average Black business listing for Connecticut.
Black-Led Non-Profits To Support Today & Beyond (BIN Network) – A little disappointed with the article but good links.
Black Economics
Property Is Power: The Power of the Black Dollar (The Michigan Chronicle)
How the Memphis Sanitation Workers’ Strike Changed the Labor Movement (The New York Times)
Economic hardship threatens Oklahoma’s historic Black towns (KOSU) – NPR
What are the effects of workforce automation across race and gender in the United States? (Eurekalert.org)- Recent findings have shown the effects of job automation differ across race and gender, causing inequality for Black, Hispanics, Native American and Asian people, compared to their white counterparts.
What are the effects of workforce automation across race and gender in the United States? (PHYS.ORG) – We are doomed.
Closing the Criminal Justice System’s Racial Wealth Gap (The Regulatory Review) – A new report proposes regulatory solutions to redress economic harms faced by individuals with criminal records.
Rutgers study: Inflation impacts all in NJ, but Black and Hispanic residents most (NJBIZ.COM)
Medical
Report Finds Disparities in Cancer Care Services in Hospitals Serving High Numbers Of Black and Hispanic Patients (Medical Economics)
Race/ethnicity, socioeconomics, and age contribute to disparities in cancer death (Medical Xpress)
Political
Economic inequality is getting worse, and it’s a threat to our republic (Chicago Sun Times)
Biden might be Democrats’ biggest problem convincing black and Latino voters not to support Trump (Gazette)
Artificial Intelligence Could Impact Black voting during 2024 Elections (Minnesota Spokesman Recorder) – Black men maybe targets of deep fakes.
Locked Up: The Prison Labor That Built Business Empires (Reveal News)
Locked Up: The prison labor that built business empires (Associated Press)
“Black Friday” boycott of Of Downtown Gallery mall in Philadelphia in 1978 stopped Frank Rizzo’s bid for a 3rd Term. (WHYY) – NPR
Issues Affecting Women
Ten (10) years on, we’re still asking women to ‘lean in.’ Here’s a better approach (Fast Company) – So weird, you could replace Women, with Black people in every sentence and still get the idea. It is the systemic barriers, not innate ability that is holding women and Black people back.
Real Estate and Investments
Hartford Foundation for Public Giving gives $600K to help CT minority home buyers with down payments (Greenwich Time)
A report from the Black Bitcoin conference (Wired) – Note: We are huge Bitcoin skeptics here at Black Economics and Business New
History
The Black Los Angeles I grew up with is slipping away (LA Times) – A sad reminiscence aboout growing up in LA. It looks at the changes due to gentrification and housing affordability