Business

@gandernewsroom Black people only own about 3% of the businesses in the US, despite comprising about 14% of the country’s population. In recent years, targeted investments from President Joe Biden’s administration have aimed to address those racial disparities and level the playing field for minority-owned businesses. And in Lansing, economic development officials are . . […]

A surge in hiring last month far exceeded expectations and kept the unemployment rate at a near-historic low — but the strong performance didn’t benefit everyone. The unemployment rate among Black men jumped to 5.3% in January, rising from 4.6% over the previous month, according to data released by the U.S. Department of Labor . […]

During a trip to Milwaukee, President Joe Biden called out Republicans for being “against so many critical actions that help working- and middle-class people, especially Black Americans.” President Joe Biden is taking credit for what the Biden-Harris administration says . . .

Ty Hobson-Powell is all about making sure Washington serves its residents. That’s why, despite an impressive résumé that includes graduating from high school at age 13 and securing a master’s degree by 17, he hasn’t moved his focus far from D.C. In the midst of massive protests for racial justice, he created the nonprofit Concerned […]

Broadening the reach of Black entrepreneurs Although the number of Canadian Black-owned businesses has grown to an estimated 144,980, the variety of sectors in which they operate hasn’t expanded as significantly. Francisque says while there are some examples of Black innovation in sectors, like technology and health, there are just as many cases where the […]

CHICAGO — Should black people go out of their way to patronize black-owned business? Maggie Anderson says they should. In 2008, with the economy in the middle of the worst downturn since the 1930s, Ms. Anderson enlisted her husband and two daughters in a yearlong plan to consume goods and services exclusively from black-owned businesses. […]

Topline Black- and Latino-owned businesses were less than half as likely as white-owned firms to be fully approved for loan applications over the past year, the Federal Reserve said Thursday. In this Wednesday, June 24, 2020, photograph, Kerri Thibodeau, of Stoughton, Mass., makes a purchase … [+] at Pure Oasis, a Black-owned recreational marijuana dispensary, […]

We are committed to sustaining a culture of inclusion that relies on the diversity of people and on unique perspectives and experience to achieve our patient-focused mission and business objectives. Our People and Business Resource Groups (PBRGs) help us meet this commitment in a truly distinct way that impacts our business performance. PBRGs are open […]

While white women may speak of breaking through the “glass ceiling,” for many Black women, it’s more like a “concrete ceiling.” Black women experience unique and formidable barriers in the workforce that are not only difficult to break, but also obscure their view of career advancement opportunities. A comprehensive study in 2020 exposed . . […]

The former investment banker sometimes sits in the driver’s seat of her parked Range Rover Sport and lets herself marvel at the customers trickling in and out of her Capitol Heights dispensary in Prince George’s County. The crowd on a weekday could have just as easily been emerging from a Wegmans . . .