12/28/2023
BEBN Top news stories for Nov. 27 to Dec. 3rd.
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What a Drop in Promotions for Black Workers Says About Corporate Diversity Efforts (The Wall Street Journal)-Since the passing of George Floyd, discussions on race, equity, and opportunity have sparked American companies to hire and promote more black professionals.
Fed Chair Powell hears struggles of Black founders at Spelman visit(Atlanta Journal-Constitution) – Along with Lisa Cook and Raphael Bostic.
Grant Warner, director of the Center for Black Entrepreneurship, shares how HBCUs are building the next generation of Black businesses. (Word in Black)
As US job market softens, gains of minority groups hang in the balance (Reuters) – Nice summary of Black employment.
Affirmative Action Backlash Is Coming for Your Business. Here’s What You Can Do. (Ms. Magazine)
Big Mass. companies fall short on Black, Hispanic hiring (Bay State Banner) -- Minority hiring was reported at 14%. Another great story about long-term discrimination in corporate America. They used FOIA to get hiring information on businesses with government contracts. Companies refuse to share data on minority hiring in Massachusetts (Bay State Banner) – Great reporting.
A Strong Labor Market Has Narrowed Gaps in Participation and Employment between Black and White Non-College Men (KC Fed)
Federal Reserve’s Proposed Regulation Could Harm Small Businesses-Especially Minority-owned” (Black Voice News) – Large banks may be required to hold more capital which would reduce profits (called “Basel III”). Large bank lending caused the recession of 2008. No one was punished and now they are trying to game the system again with a fake PR campaign saying it will hurt minority lending. Give me a break. They already discriminate.
*Black patients face delays in Alzheimer's diagnosis, research finds (Medical Xpress)-Black patients underwent medical imaging for cognitive impairment years later than white and Hispanic patients and were tested less with MRI.
A profile of the working poor, 2021 (Bureau of Labor Statistics) – Important stuff
Better than Economics…
The Genius Behind Bisa Butler’s Vibrant Quilts (Smithsonian Magazine)
Bisa Butler weaves the Black diaspora together in dynamic, electric-colored quilted portraits (WBUR)
7 Important Members of the Black Panthers You Need to Know (The Collector) – Wow. Good history lesson.
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Thomas Edison tried to take credit for a device created by a Black American inventor (Business Insider) – Granville woods of course.
Top Black News Stories November 27th to December 3rd, 2023 December 28, 2023December 28, 2023 by Chris Top Stories Better than Economics… African American Business 33 Black-Owned Businesses To Shop This Holiday Season (Real Simple) Black Americans need better immigration policy (Post and Courier...
