By Marc Morial (To Be Equal #17) – The $349 billion Paycheck Protection Program established by Congress earlier this month was supposed to help sustain small businesses imperiled by the COVID-19 pandemic. The money ran out in less than two weeks. Then we found out that the vast majority of the funding — $243.4 million […]
Business News
Howard Advances Major Healthcare Vision Through Partnership with DC Mayor’s Office
WASHINGTON, DC – Howard University President, Wayne A. I. Frederick, and D.C. Mayor Muriel Bowser announced a partnership to support a citywide healthcare network that will serve residents in all communities, including the City’s most vulnerable populations. The District will provide financial and regulatory assistance to advance Howard’s health facilities and programming objectives. This is […]
The T.D. Jakes Foundation Launches STEAM Think Tank With Roundtable Discussion
NEW YORK – The T.D. Jakes Foundation, a global nonprofit that focuses on STEAM (science, technology, engineering, arts and math) education, workforce preparedness and job training to create greater diversity and inclusion, and gender equity, in traditionally underrepresented fields, recently hosted its first roundtable, inviting business and educational leaders to take part in a lively […]
Statement by President Donnell Williams on Upward Trend of Black Homeownership Rate
Washington, DC- The National Association of Real Estate Brokers (NAREB) is guardedly optimistic regarding the current upward trend of the Black homeownership rate of 44% as stated by the U.S. Census Bureau in its 4th quarter 2019 report. The reported rate represents a second in a row increase up from the 3rd quarter rate of […]
Southern Company Announces $50 million Initiative for Students at Historically Black Colleges and Universities
Initiative aims to provide scholarships, internships, entrepreneurship training, and leadership and career development to HBCU students at qualifying institutions, while also igniting giving from additional corporate partners to increase HBCU funding ATLANTA – Southern Company and its subsidiaries today announced a $50 million multi-year initiative to provide students attending historically black colleges and universities (HBCUs) […]
African American Mayors Association’s New Racial and Economic Justice Policy Institute Receives Support from the Ewing Marion Kauffman Foundation
City leaders empowered with tools and resources to support entrepreneurs and small businesses by Kauffman Foundation grant WASHINGTON – Today, the African American Mayors Association (AAMA) announced an award from the Ewing Marion Kauffman Foundation that will in part support the development of a first-of-its-kind racial and economic justice policy institute for mayors that will […]
Ford Celebrates Black Women with ‘Built Phenomenally’ Ad Campaign for Debut of the All-New 2020 Ford Escape
Dearborn, MI – Narrated by award-winning actress Angela Bassett, Ford’s latest ad campaign, “Built Phenomenally,” shines a spotlight on the all-new 2020 Escape – the company’s best-selling SUV. The new African American-focused campaign celebrates the defiance, transformation and versatility of black women as creators, marketers and performers who own their uniqueness and live phenomenally. As […]
Howard University Receives Largest Gift in its History – $10M from Martha and Bruce Karsh
WASHINGTON – Howard University proudly announces a generous $10 million gift from the Karsh Family Foundation to endow its prestigious and highly competitive STEM program, which will be renamed the Karsh STEM Scholars Program (KSSP). Founded in 2017, the program is designed to increase the number of underrepresented minorities earning a Ph.D. or combined M.D./Ph.D. […]
NAREB Urges Black Millennials to Become Homeowners with Launch of “House Then The Car” Campaign
Washington, DC – According to the National Association of Real Estate Brokers (NAREB) Black GenX-ers and Millennials may be the key to reversing the downward Black homeownership trend and at the same time begin the generations’ move toward building wealth. The “How,” and the “Why” serve as the basis for NAREB’s new House Then the […]