(June 2, 2009) - (GIN) – A downturn in the U.S. economy is giving African professionals a second thought about life in America, according to a report in the Washington Post. A better life beckons in Africa, the report says.
(May 13, 2009) - In his first 100 days, President Barack Obama has been working hard to fix the economy. Still, if you are a business owner, it has become even harder to turn a profit or even get your passion off of the ground.
(April 28, 2009) - More than one-third of entrepreneurs in the United States are women, and the growth in the number of woman-owned firms is more than double the rate of all U.S. firms.
(March 4, 2009) - No business person doubts the value or the power of affiliation. Iron sharpens iron, or so the Bible says. Being in social proximity with people who are where you want to be strengthens your resolve to succeed and to provide strength for the next person.
Like all youngsters their ages, some want to be actors and athletes, but many yell out attorney, business owner and even world-renowned fashion designer. One young lady, without specifying a career goal, said she just does not want to live from paycheck to paycheck.
“While I spent 14 years in the NBA playing basketball, I always had bigger dreams of building a business empire… It was not an easy transition, however. I stumbled now and then as I began…
(January 28, 2009) - Recently named to Black Enterprise’s 100 Most Powerful Executives in Corporate America, Dr. Reed Tuckson joins a list of what the magazine calls “the best and brightest leaders in business and industry” in America...
1. If you haven't started already, open an IRA and/or fund a 401k. These are generally the years when it's toughest to scrape together the cash for investing,...
(December 10, 2008) - Donald Payne is living the nightmare that Washington policymakers and others have merely talked about in their discussions about a proposed bridge loan to bolster foundering U.S. automakers.
(December 3, 2008) - Marriott International Senior Vice President Norman Jenkins is launching his own company, Capstone Development, after 16 years at Marriott, the 'Washington Business Journal' reported.
(December 3, 2008) - Washington, D.C.’s Committee on Public Services and Consumer Affairs approved a franchise agreement with Verizon Communications Inc. in November to bring its fiber optic-based FiOS television and high-speed Internet services to the District within 10 years, the Washington Business Journal reported.
(December 3, 2008) - According to the Washington Business Journal, Pepco Energy Services Inc. has scored an energy saving performance contract from Prince George’s County government. The 14-year project should result in more than $4 million in energy savings for county.
(October 26, 2008) – While the world’s attention has been focused on rescuing investment banks and stock markets from collapse, the global food crisis has worsened, with countries scrambling to protect themselves.
When husband and wife duo Kenneth and Nichole Massey opened Essence of a Man Day Spa and Barbershop, they wanted to create an environment where men felt comfortable hanging out – playing chess in the game room, grabbing complementary drinks and watching TV in the sports lounge or accessing free Wi-Fi on their laptops.
A new talk show in the region is putting aside the celebrity gossip and addressing the issues the Black community has with venturing into the uncertain and often unstable world of entrepreneurship.
It’s official. Greater Southeast Community Hospital has a new name to go along with its new image. Officially named the United Medical Center by its newest owners, Specialty Hospitals of America (SHA), LLC, received $79 million from the District government to assist in the purchase of the hospital.
The American 1930s may be remembered as the era of big bands, the birth of true jazz and a time of economic discourse. Critics finally began to take Black art and literature seriously and African-American entertainment establishments flourished across the nation.
With the housing crunch still in effect-- making it more and more difficult to buy, sell, or even keep homes -- mortgage buyer Fannie Mae has come up with four “Keys to Recovery” initiatives aimed at providing stability to the mortgage and housing markets.
Brenda Harrison, 47, and her son, Justin Harrison, 25, started an unusual hobby for African Americans that became a flourishing business. The mom and son team have designed a consumer wine education group called VinoLovers that invites African Americans into the world of wines without fear of intimidation.
Bridgette Radebe is one of South Africa’s most powerful businesswomen and the first Black female mining entrepreneur. She was recently honored with the prestigious international “Business Person of the Year” award.
BET recently announced a three year partnership to present the Urbanworld Film Festival. The conglomeration is hoped to push the festival, now in its 12th year, to become on of the world’s largest film competitions and enhance the position of African Americans in cinema.
As a result of low advertisement revenue and a decrease in sales, Johnson Publishing Co. has announced plans to license Ebony and Jet magazine branded merchandise to diversify revenue and attract new readers.
Industrial and General Insurance (IGI), a leading Nigerian insurance company, recently brought controlling stake in one of Rwanda’s largest insurance company. IGI has also expressed an interest in building a hotel in Rwanda.
According to a report by blackchipstocks.com, Citizens Bancshares Corporation, a parent company of the fifth largest Black-owned bank in the USA Citizens Trust Bank, recently reported a 25 percent increase in net income for the first quarter of 2008.
Americans and Canadians have long shared not only a border, but a cross-cultural friendship. And apparently, we also share a love of a smooth groove.
It’s Viva ‘la Meridian, at the only upscale sit-down restaurant in Ward 4.
Rodney English, 48, and his wife Lynn, 42, transformed a corner marred in tragedy to a fine dining restaurant to satisfy the palates of nearby homeowners and apartment dwellers.
WASHINGTON (NNPA) - Black women professionals are changing their priorities.
Many have stopped dreaming about the highly coveted corner office because owning it would be better. They have knocked down the corporate ladder.
By Alan King
AFRO Staff Writer
In pursuit of owning and operating a business, Joseph Cox and Danitra Bell realized a deeper purpose for their mission. In Cox’s case, it was helping his high school employee get into college. For Bell, it was fulfilling a promise to her parents.
We are in an era of politics that is dominated by thirty second sound bytes, Internet blogs, and instantaneous polling. In this I need it now, but don’t get too deep on us era of politics, the three major presidential candidates have resorted to broad rhetoric on “hot button” issues such as the war in Iraq, middle class tax cuts, trade agreements, and health care.
Even as the number of minority-owned firms has grown their earnings are declining, concludes a March 2008 study.The “Characteristics Of Minority Businesses And Entrepreneurs,” an analysis of the 2002 survey of business owners, reported that like all U.S. firms, the number of minority firms grew by 30 percent, however, their average gross receipts declined by 14 percent.
By Ashley D. Diggs
Special to the AFRO
ROCKVILLE, Md. – Women business owners Dr. Loleta Robinson and Colleen Nye of Syan Biosciences tied for third place with Jessica Feltz of The Turning Point at the fifth annual Women-In-Business and StartRight! business plan competition in Rockville on April 1.
Special to the AFRO
For many teens, senior year in high school is a time to slack off before they become grown-ups. But for Clay Terrace, Southeast Washington native, Derron Scott — currently a senior at Largo (Md.) High School — it’s much more.
Mentoring young people can be a satisfying task any way you slice it. For the most successful start to a mentoring program, 2008 Freddie Mac Young Leader Award recipient Derron Scott Jr. and his teen business coach, Shonika Proctor, share their 10 favorite mentoring session topics for 21st century leaders.
By Pat House
Special to the AFRO
The Challenge Program is a vision born four years ago by its founder, Mr. Daniel T. Perkins, a northern Virginia businessman who has always been interested in education and has a sincere desire to give back to the community.
Maryland Businesses Can Save Money On Their Electrical Costs
By Queshonda Moore
Any business in the Maryland region interested in saving money on electrical costs can join Pikesville Chamber of Commerce’s Electricity Purchasing Cooperative. The Coop will offer a three year contract that will enable business owners to negotiate their electrical costs at a better and fixed rate throughout its duration period.
Nine years ago, caring for her four children was difficult. As a woman, Appianim didn’t have much of a voice in her Central Ghanaian village. She didn’t have much say in her life.
Washington, D.C., has been positioning itself to be a leader in sustainable development and the creation of “green-collar” jobs, officials said.
The William L. and Victorine Q. Adams Foundation is accepting applications for its competitive, need based Adams Future Business Leader Scholarship.