Business
Jesse Jackson Jr. is not going back to Washington
The outpouring of grief following Jesse Jackson Sr.’s death wasn’t enough to help his son reclaim his seat in Congress.Cook County Commissioner Donna Miller won the Democratic primary for U.S. Rep. Robin Kelly’s seat in the 2nd Congressional District in Illinois, handing a defeat to former U.S. Rep. Jesse Jackson Jr, who was trying to…
Read MoreRev. Jesse Jackson has a brain injury
Jesse Jackson sufferming brain disorder.
Read MoreVice President Harris concedes
Black men voted for Harris; White women and Latino men didn’t Vice President Kalama Harris conceded Wednesday’s election to Republican Donald Trump, who won the nation’s presidency for the second time. “I know some of you feel sad and disappointed,” Harris told Howard University students, their parents, and others who gathered on the school’s campus,…
Read MoreUnemployment drops in December for Black men
The unemployment rate for Black men was 4.6% in December compared with 4.9% year over, the Bureau of Labor Statistics reported in December. The jobless rate for Black women was 4.8% compared to 5.0% last year. The Bureau reported that 216,000 were created in December, and unemployment remained at 3.7 percent.
Read MoreAt Tesla, Blacks are less than human
Black employees who work for Tesla, an electric car manufacturer, are called “nigger,†“monkey,†“boy,†and “black b*tch to their faces in assaults on their dignity and their ability to work to feed their families. At the Fremont, California plant, black employees regularly encountered graffiti, including variations of the nigger, swastikas, threats, and nooses, on…
Read MoreByron Allen makes a bid for ABC Television
Media mogul Byron Allen, founder and CEO Allen Media Group and Entertainment Studios, has bid $10 billion to buy Walt Disney’s ABC television network, a spokesperson for Allen said on Friday, according to various media reports. A Disney spokesperson said that the company was “open to considering strategic options for its linear business.” The company has…
Read MoreRosalind Brewer is out at Walgreens
By Frederick H. Lowe Rosalind Brewer, the CEO of Walgreens Boots Alliance, which owns Walgreens’ pharmaceutical Brewer chain, has been given the sack. The company’s stock also dipped with Brewer’s departure. Her last day on the job was effective Friday, September 1. Brewer resigned after three years on the job as the result of a…
Read MoreZimbabwe moves to digital currency
The country of Zimbabwe announced that has plans to move to digital currency joining other countries from Africa and Asia. The currency is scheduled to be launched Monday with introductions of “tokens†which are backed gold reserves and can be transferred between people and businesses as a form of payment. The move is aimed at shoring…
Read MoreBlack man honored for Leadership in Australia Gold Rush
Caroline Kennedy, the U.S. Ambassador to Australia, recently recognized John Joseph, a Black man from the United States who moved to Australia, and later became an American gold miner and a leader of the 1854 Eureka Rebellion at Ballarat, Australia, during the Victorian gold rush. Other than extensive fields of California, the gold output from Victoria was…
Read MoreWill the Washington Commanders finally find Magic?
Magic Johnson is part of a group that purchased the Washington Commanders for a whopping $6.05 billion. Washington Commanders owner Dan Snyder has agreed to sell the team for a led by private equity billionaire Josh Harris, owner of the Philadelphia 76ers, and fellow billionaire Mitchell Rales. The sale must still be approved by the NFL…
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