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Wells Fargo‘s Chief Executive Charles Scharf tried to explain why the company is having trouble reaching its diversity goals. In the process, he ended up showing his true colors. Two participants in a summer Zoom meeting with Scharf told Reuters on Tuesday the company is unable to meet its diversity goals because there is a limited pool of qualified Black […]
Taking Black ownership to the next level, several Black families have banded together to purchase nearly 97 acres of unincorporated land in Georgia to create a safe haven for other Black families and Black people. The land, which is nestled near the town of Toomsboro that lies about 130 miles south of Atlanta, has been dubbed Freedom, Georgia, and […]
Alicia Keys has joined forces with the NFL to launch a $1 billion endowment fund focused on supporting Black-owned businesses and communities, Billboard reports. Their partnership coincides with the announcement that Keys would be performing at the NFL’s Kickoff event for the 2020 season. Keys told Billboard she wanted to build off these last few months […]
Beyoncé announced through her BeyGOOD foundation Wednesday that she will be donating $1 million in additional funds to help Black-owned small businesses. BeyGOOD teamed up with the NAACP in July to launch the Black-Owned Small Business Impact Fund, which aims to “help strengthen small businesses and ensure economic empowerment for Black businesses” by providing a number of $10,000 grants to businesses, […]
The retail business is in a dismal place. Stores once considered institutions shuttered their doors permanently, and even the strongest companies have experienced financial struggles over the course of economic fallout associated with the current global health crisis. While big businesses struggle, small businesses face more challenging prospects for survival. This is especially true for […]
Some people want to be oppressed so badly that they’ll leapfrog real inequalities. This line of thinking was on full display after a white woman claimed “racism” was the reason she and her daughter being removed from a plane. Per TMZ, a woman and her daughter were removed from a commercial airline. The motive behind […]
Pharrell and Jay-Z have just released their new track “Entrepreneur,” which is a part of Pharrell’s new Time magazine cover package “The New American Revolution.” The track focuses on inequalities Black people face in the business world, and is meant to empower Black entrepreneurs. It echoes some of the important messaging that has been circulating heavily as of late as the country sees a renewed […]
Akon caught heat this week after he was asked about the way slavery is viewed in Senegal, the West African country where he spent most of his childhood. The 47-year-old artist claimed Senegalese no longer think about slavery because they have “overcome” its horrors, unlike African Americans. “In Senegal, we’ve kind of overcome the thought of slavery, […]
Facebook cleansed more than 30 accounts that claimed to be Black Trump supporters but were actually part of a troll farm, The Verge reports. According to Facebook’s July enforcement activity, the company removed 35 Facebook accounts, three pages, and 88 Instagram accounts for “violating our policy against foreign interference, which is coordinated inauthentic behavior on behalf of […]
Yes, it happened again. Joe Biden is facing more backlash over comments about Black voters. The cringey moment occurred Wednesday, during a video interview hosted by the National Association of Hispanic Journalists and the National Association of Black Journalists. At one point during the teleconference, NPR reporter Lulu Garcia-Navarro asked the former vice president if he would “re-engage” with the Cuban government […]
