Business

National Coalition Black Civic Participation will lobby on Capitol Hill

Black Men and Boys Group to Advocate on Capitol Hill

Special to the Trice Edney News Wire from the Afro American Newspaper (TriceEdneyWire.com) — The National Coalition on Black Civic Participation (NCBCP) will host Black Men and Boys Day on Capitol Hill April 22-23. The program is a component of the new Gathering of Black Men Initiative of the NCBCP’s Black Youth Vote! Civic Leadership and Engagement Program. “In light […]

by · April 14, 2015 · 0 comments · Business, News, Politics
Illinois Black Chamber Members to Lobby Legislators

Illinois Black Chamber Members to Lobby Legislators

The Illinois Black Chamber of Commerce will lobby state legislators Wednesday, April 15th, in Springfield, the state capital, concerning issues that may affect black-owned businesses. Chamber members will meet at 10 a.m. at the Lincoln Statue in front of the Capitol Building before separating to meet various legislators and other business people to discuss legislation that may positively or negatively […]

by · April 14, 2015 · 0 comments · Business, News, Politics

African-American Unemployment Rate was 10.1% in March

The African-American unemployment rate in March continued its roller-coaster ride, never dropping down to the jobless rate of other racial ethnic groups, the U.S. Bureau of Labor Statistics reported Friday. The overall unemployment rate for African Americans last month was 10.1%, down from 10.4% in February. The jobless rate for men 20 years old and older was 10.0% in March, […]

by · April 7, 2015 · 0 comments · Business, News
Marcus Books, the nation's oldest African-American owned bookstore has closes its San Francisco location.

Marcus Books Closes Its San Francisco Chapter

By Frederick H. Lowe Marcus Book Stores, the nation’s oldest African-American-owned bookstore, has closed its San Francisco location after the landlord wrote the final chapter by evicting the bookseller for not paying rent. Marcus Books, named in honor of Marcus Garvey who often was referred to as Black Moses, was founded in 1960 in San Francisco by Ray and Julian […]

by · March 1, 2015 · 0 comments · Business, History, News
Mitzi Miller, editor of Ebony magazine, has resigned.

Ebony Magazine Editor Resigns

Mitzi Miller, who was named editor in-chief of Ebony magazine in April, has resigned after less than a year on the job, officials of Johnson Publishing Company, the Chicago-based parent of Ebony and Jet magazines announced on Friday. Miller, 39, plans to pursue writing for television and film, according to a statement. Miller co-wrote the 2006 book “The Vow,” which […]

by · February 23, 2015 · 0 comments · Business, News
Alwyin Lewis, chairman and CEO of Potbelly Corp.

Potbelly Reports Fourth-Quarter Profit

Potbelly Corp., a Chicago-based neighborhood-sandwich shop headed by Chairman and CEO Aylwin Lewis, reported a positive net income based on higher revenues in the fourth quarter, which ended Dec. 28, 2014. Potbelly reported a $702,000 net income compared with a net loss of $3.7 million in the fourth quarter of 2013. The company on Tuesday reported fourth-quarter revenues of $84.8 […]

Wal-Mart is raising the wages for 500,000 workers.

Walmart To Raise Wages for Approximately 500,000 Workers

The retailer is the largest private employer of African-American workers in the U.S. By Frederick H. Lowe Wal-Mart Stores Inc., the target of worker demonstrations demanding higher wages, announced on Thursday that it was putting more money in employees’ wallets and pocketbooks. Walmart CEO Doug McMillon wrote in his blog that entry-level workers will receive at least $9 per hour […]