Posted in#LetItBeKnown, #NNPA BlackPress, Black Experience, Black History, Business, Commentary, Community, Dr. Benjamin F. Chavis Jr., Economy, Featured, National, News, NNPA, NNPA Newswire, Stacy Brown

African American Entrepreneurs Head SPAC in $126.5 Million IPO to Acquire Black-owned Firms

NNPA NEWSWIRE — The company’s directors are majority-minority including, Dr. Julianne Malveaux, MIT economist and Dean, College of Ethnic Studies, Cal State Los Angeles, Mr. Ronald Busby, Sr., President and CEO, US Black Chamber, Inc., and Mr. Patrick Linehan, Partner, Steptoe & Johnson.

Posted in#NNPA BlackPress, Business, Commentary, Community, Economy, Featured, Food, National, News, NNPA, NNPA Newswire, Op-Ed, Politics

OP-ED: Liberty, Justice and Contracting Opportunities for All Our Entrepreneurs and Innovators

NNPA NEWSWIRE — Achieving President Biden’s new contracting goal will be a giant leap forward and make a big difference for many small businesses and communities across the country, putting an extra $50 billion into the hands of America’s small, disadvantaged businesses over the next five years.

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PRESS ROOM: TRiBL Founder & CEO Ikechi Nwabuisi Lays Out Plan for the New Black Wall Street

NNPA NEWSWIRE — We must channel our consumer buying power of $1.4 trillion to create the new Black Wall Street. Now is a great opportunity for us to embrace what Tulsa’s Black Wall Street symbolized: Black excellence; the power of community; and the importance of unity. Ever since the death of George Floyd, we are realizing that we have to fight for social justice, but we also have to do what our predecessors did in Tulsa: They created a blueprint for wealth creation within our community. BankGreenwood.com reports that, a dollar circulates six hours in the Black community, 20 days in the Jewish community and 30 days in the Asian community.

Posted in#NNPA BlackPress, Business, Commentary, Community, Coronavirus, COVID-19, Economy, National, News, NNPA, NNPA Newswire, Op-Ed, Politics

OP-ED: Don’t Raise Taxes on the Investments Black-Owned Businesses Depend On

NNPA NEWSWIRE — 58% of Black-owned businesses reported being financially distressed due to the COVID-19 pandemic. From February to April 2020, Black business ownership dropped by a crushing 41%. And although the total U.S. unemployment rate fell to 5.4 in July of this year, it remained a staggering 8.2 percent for Black workers. Which begs the question of why then are politicians even considering instituting economic policies that would harm Black-owned businesses, as opposed to helping them?

Posted in#NNPA BlackPress, Black History, Business, Commentary, Community, Coronavirus, COVID-19, Economy, Fashion, Lifestyle, National, News, NNPA, NNPA Newswire, Telegram News

T’Kay’s Terrific Twos

NNPA NEWSWIRE — While attending River Rouge High School, T’Kay Montaque played basketball, and used her voice to narrate other school events. After graduating in 2013, T’Kay went to college to study business. Along the way she found a passion for hosting events, and an internship at Oh So Radio. She was building the creative cocoon she’s currently bursting out of.

Posted in#NNPA BlackPress, Community, Economy, Education, HBCU, National, News, NNPA, NNPA Newswire

Apple launches major new Racial Equity and Justice Initiative projects to challenge systemic racism, advance racial equity nationwide

NNPA Newswire — Together, Apple’s REJI commitments aim to expand opportunities for communities of color across the country and to help build the next generation of diverse leaders, the tech giant said in a news release.

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