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Black and minority-owned business: The road to recovery
An August 2020 Federal Reserve Board report painted a dire portrait of the effects of COVID-19 on minority-owned business, especially in Black communities. Among all small businesses, the number of active business owners fell by 22% from February to April 2020, the largest drop on record. But the racial […] Click here to view original […]
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Mangrove True Story: What Happened To The Real Mangrove Nine
Mangrove tells the true story of the Mangrove Nine and inevitably has to leave out a lot of the details, especially what happened after the events of the film. Mangrove is based on an important historical moment that was a turning point for Black British and West Indian immigrants […] Click here to view original […]
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Oklahoma Governor Signs Anti-Critical Race Theory Bill Into Law, Activists Call for His Removal From Tulsa Race Massacre Commission
Photo: Alex Wong (Getty Images) During Black History Month, Oklahoma Gov. Kevin Stitt tweeted, “We can never forget the tragedy that happened 100 years ago,” in reference to the 1921 race massacre in Tulsa, Okla. On Friday, the same governor signed into law a bill that prohibits K-12 schools […] Click here to view original […]
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Wells Fargo Backs Five Black-Owned Banks
Wells Fargo has made equity investments in five African-American Minority Depository Institutions (MDIs) as part of its 2020 pledge to commit $50 million to black-owned banks. These bring its total investments to 11 MDIs to date, following investments into six MDIs announced in February. The latest institutions to receive […] Click here to view original […]
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10 Celebrity & Black-Owned Marijuana Brands
Source: Monogram / MONOGRAM Now that marijuana is finally being legalized in numerous states across the U.S., the legal marijuana business is booming. Naturally the business is mostly occupied by white business men looking to make coin off the culture, but there are some Black and Brown-owned brands that […] Click here to view original […]
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Black Businesses Once Thrived Here. Is a Revival Coming?
GULFPORT, Miss. (AP) — There wasn’t much reason to leave the neighborhood. That’s what people remember about Soria City, one of Gulfport’s historic Black communities, during the mid-20th century. There was a taxi stand, a hotel, a movie theater and a laundromat. There were restaurants, nightclubs and grocery stores, […] Click here to view original […]
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This Black-Owned Natural Deodorant Brand Is the First To Use Only Ocean Waste Plastic For All of Its Product Packaging
Each year, between eight and 10 million tons of plastic gets dumped into the oceans. Sadly, if things don’t change, by 2050 our seas will contain more of the synthetic material than fish, according to a 2015 study published by World Economic Forum and the Ellen MacArthur Foundation. One […] Click here to view original […]
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Black-owned businesses hit hard during pandemic, but some are thriving
President Biden said Saturday that the Senate passage of his $1.9 trillion COVID relief package means the $1,400 direct payments for most Americans can begin going out later this month. Driving the news: The Senate voted 50-49 Saturday to approve the sweeping legislation. The House is expected to pass […] Click here to view original […]
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“15 Percent Pledge” calls on retailers to commit space to Black-owned businesses
Aurora James was frustrated when she would go to stores and see a lack of Black-owned brands on shelves. It was out of that frustration that the fashion designer decided she needed to be a part of the solution by disrupting business as usual. “I was so fed up […] Click here to view original […]
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Honoring Black Owned Business Excellence: BOOMBOX Boxing Club
Angela Jennings & Reggie Smith How did an accountant and a stock analyst become owners of a Boxing Club? Owners Angela & Reggie prove that if you bet on yourself, and take a leap… your dreams may come true. Just steps from Nats Park is BoomBox Boxing Club, the […] Click here to view original […]