We have over 120 stories this week. We have twelve inspirational “people” stories about successful Black entrepreneurs plus 25 Black business stories. Top Stories The Paycheck Protection Program failed many Black-owned businesses (Vox) – Only 1 in 10 Black-owned non-employer firms had a recent borrowing relationship with a bank, which hurt PPP chances. Killer Mike … Read more
Top Stories Cleveland Clinic Thrives While Its Black Neighbors Fall Behind (Bloomberg) Moms, Black Americans and educators are in trouble as economic recovery slows (Washington Post) – Good unemployment charts by race and industry sector Moms and Women of Color Most Affected by the Economic Downturn in Coronavirus (One Green Planet)– The economic consequences of … Read more
This week we have an all time record of 139 stories and 37 Black business stories. We are publishing late because of capacity issues (basically the editor started teaching high school again). Top Stories High-Growth Black Enterprise Seeks Venture Capital To Scale (Forbes) – The largest black-women-owned beverage manufacturer in the US. ‘Dream Big, Remain … Read more
Top Stories Black women who own businesses fight against wave of closures (NBC News). The number of black owned women businesses have decreased since the pandemic. Limited funding, little access: Women of color have steeper climb when opening a business (Greenville News) – The systemic remains of Jim Crow-era practices still permeate funding of Black … Read more
Top Stories Thyk Skynn, Black-Owned Line of Bulletproof Vests For Adults and Children Sees 400% Increase in Sales (Chicago Crusader) – This is dope. Black business group pressures Massachusetts Governor Baker to diversify state contract awards (Boston Globe) The Color Of Public Money: Black Businesses’ Share Of Public Contracts Has Declined Over 20 Years (WGBH) … Read more
We have over 80 stories this week. The best story is how HBCUs prepare students for careers in science and technology. Top Stories Tyler Perry: From Poor as Hell to Billionaire, How Tyler Perry changed show business forever. (Forbes) – The 51-year-old entertainer owns the entirety of his creative output and a 330-acre studio lot … Read more
We have 62 stories this week. We have seven stories in our Black economics section and several stories in our people section. Top Stories Is this the end for America’s mom-and-pop stores? (Financial Times) Erika James, Wharton’s first female dean (Philadelphia Inquirer) The Owners of Fulton-Mecklenburg, a Digital Marketing Agency, Says Black Owned Businesses Need … Read more
We have over 80 stories and links including three conservative stories. The big story is the Robert F. Smith tax avoidance story. Last year, Smith agreed to pay off the debts for one class at Morehouse College. Top Stories Billionaire Robert Smith Fighting U.S. Criminal Tax Inquiry (Bloomberg) Jay-Z and Pharrell Highlight Importance of Black … Read more
Top Stories K-Shaped “Recovery” Widens Gulf between Haves and Have-Nots (Non Profit Quaterly) Us against them’: Workers cite racial divide on front line of long-term-care fight against COVID-19 (Richmond Times-Dispatch) – Nice, long article of what it’s like to work in the nursing home industry There Is No Equality Without Affordable Childcare, but Little Is … Read more
We have over 110 stories this week. In addition to the regular Black business and economic links, we have features on how much money the NBA makes ($8.8 Billion) and the Freedman’s Bank plus Jay-Z opened a school. Top Stories Beyonce introduces Black Parade: a Black Business Directory (Beyonce.Com) (Good Morning America) Jay-z’s Roc Nation … Read more
