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U. S. Black Chamber: Economy Game Changer

Categories: Economics
U. S. Black Chamber: Economy Game Changer

WASHINGTON (TriceEdneyWire.com) – Ron Busby appeared reflective as he sat at the mahogany board room table at Industrial Bank, a Black-owned establishment, based in North West Washington, D.C. Busby, the president/CEO of the U. S….Read full post

Black-owned Media Suffering Slow Death

Categories: Economics
Black-owned Media Suffering Slow Death

By Starla Muhammad - Special to the NNPA from the Final Call

Living in dangerous times is how Sherman Kizart of Kizart Media Partners described the current state of Black-owned media companies during a panel discussion, “Telecom: Minority Media Ownership: Can We Keep Hope Alive?” at the 41st Annual Conference of the Rainbow PUSH Coalition and Citizenship Education Fund.

Blacks own less than one percent of full power commercial television stations and less than three percent of commercial radio stations, yet make up nearly 14…Read full post

Motel 6 TV Displayed “Hello Nigger!”, Customer Complained and Reached NAACP

Categories: Economics
Motel 6 TV Displayed “Hello Nigger!”, Customer Complained and Reached NAACP

Joseph Ross, a Dayton, Ohio, resident, got an unwelcome “welcome” this weekend when he checked into a Motel 6 in the nearby town of Sharonville, where he planned to attend a jazz festival.

Ross told WCPO that he switched on the television in his room only to be greeted with an on-screen racial slur: “Hello Nigger!”

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Butt Enhancement Suspect Now Faces Manslaughter Charge

Categories: Economics
Butt Enhancement Suspect Now Faces Manslaughter Charge

MIAMI — A South Florida woman previously charged with injecting people with Fix-a-Flat in a black market buttock-enhancing business was arrested Thursday on a charge of manslaughter, authorities said.

The Broward Sheriff’s Office said Oneal Morris, 32, was arrested at her mother’s house in Coconut Creek on one count of manslaughter. Shatarka Nuby, 32, died in March in Tallahassee from what an assistant medical examiner called “massive systemic silicone migration” as a result of the cosmetic silicone injections, authorities said.

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Nashville, Memphis Among Worst U.S. Cities To Be Black, Male and Unemployed

Categories: Economics
Nashville, Memphis Among Worst U.S. Cities To Be Black, Male and Unemployed

By Jonathan Meador, Nashville, SCENE

Here’s a study you likely won’t see the Nashville Chamber of Commerce touting any time soon. (And to be honest, it slipped under our radar, too.)

Published earlier this year by the University of Wisconsin-Milwaukee Center for Economic Development, the study, titled, Race and Male Employment in the Wake of the Great Recession: Black Male Employment Rates in Milwaukee and the Nation’s Largest Metro Areas,” found that Nashville and Memphis rank among…Read full post

Brooklyn Prosecutor Keeps Job Despite Blackface Photos on Facebook

Categories: Economics, Politics
Brooklyn Prosecutor Keeps Job Despite Blackface Photos on Facebook

by Jorge Rivas, Tuesday, July 10 2012, 1:01 PM EST via COLORLINES.COM

Brooklyn Assistant District Attorney Justin Marrus, son of NY Supreme Court Judge Alan D. Marrus apologized Monday for pictures that surfaced of him dressed in black face and simulating prison rape. Marrus, now 25, uploaded the photos to Facebook six years ago when he was an undergraduate student.

Gothamist.com published screen shots from Marrus’ Facebook photo album Monday. The pictures disappeared after the…Read full post

LDF: Wet Seal Clothing Store Chain Executives Fire African-American Employees For Sake of “Diversity” and “Brand Image”

Categories: Economics
LDF: Wet Seal Clothing Store Chain Executives Fire African-American Employees For Sake of “Diversity” and “Brand Image”

By NAACP Legal Defense and Educational Fund

Shocking Allegations in Federal Discrimination Class Action Filed Today

NEW YORK, July 12, 2012 /PRNewswire-USNewswire/ — A national class action lawsuit filed today charges that top executives at Wet Seal directed senior managers to get rid of African American store management employees for the sake of its “brand image,” and…Read full post

VideoActive: Tapping into the Urban Dollar

Categories: Economics
VideoActive: Tapping into the Urban Dollar

“If you think you’re keeping it real – You’re a fake!” – The hows, whys and why nots are discussed in this controversial segment. Norm is his usual punchy self with in-depth statistics of the African American dollar, and Charles opens up about Urban Entrepreneurship and how to do it in a suit! – Tweet: @webbusiness @normbond @iamcharlesmajor

African-American jobless rate surges to 14.4%; Whites hold at 7.4%

Categories: Economics
African-American jobless rate surges to 14.4%; Whites hold at 7.4%

By Emily Jane Fox @CNNMoney July 6, 2012

NEW YORK (CNNMoney) — As the overall U.S. unemployment rate stayed at 8.2% in June, the rate among Black Americans rose nearly a full percentage point.

The reason for the increase appears to have been a rise in the percentage of African-Americans looking for a job, rather than job losses.

The unemployment rate for Blacks rose to 14.4% from 13.6% in May, the Labor Department reported Friday….Read full post

What’s The Benefit To Blacks of Spending One Trillion Consumer Dollars?

Categories: Economics
What’s The Benefit To Blacks of Spending One Trillion Consumer Dollars?

When will Black consumers ask the question WIIFM — “what’s in it for me?”

Recently a group of media companies announced a coalition to make the business case to mainstream companies to value the Black consumer. (Excuse me while I yawn..)

In this age of empowerment, what if the Black community flipped the script? What if the Black community asked the companies what are you doing — for…Read full post

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