Comcast RISE Offers Marketing and Technology to BIPOC Small Businesses
Comcast Corporation is bringing marketing and technology resources to Black, Indigenous, and People of Color-owned businesses. The initiative, designed for small businesses, is entering its second phase of eligibility and is looking to assist businesses impacted by the COVID-19 pandemic. Comcast RISE, an acronym meaning Representation, Investment, Strength and Empowerment, launched its first phase in October to emphasize Black-owned small businesses. The program is expanding its reach to include small businesses owned by People of Color and Indigenous to assist during these unprecedented times. Marrying two of the company’s
Archbishop Wilton Gregory Becomes First Black American Cardinal in the Catholic Church
By Danielle Sanders Archbishop Wilton Gregory becomes the first Black American Cardinal in the Catholic church’s history. Archbishop Gregory was born and raised in Chicago and ordained a priest in 1973. A product of the Englewood neighborhood, he grew up in a family that was not Catholic. They converted to Catholicism while in Catholic School. He attended Quigley Seminary, Niles College, and St. Mary of the Lake Seminary school in Mundelein. He earned his doctorate in sacred liturgy in Rome from the Pontifical Liturgical Institute before returning to
Zillow Finds Remote Work Could Help Black Renters Become Homeowners
The rapid rise in pandemic-driven telework could make first-time homeownership most broadly accessible to black renters compared to other renters, based on factors including income, the makeup of local industries, geography and more, a November Zillow analysis suggests. Zillow research found that, of the nearly 2 million U.S. renters who are able to take advantage of heightened telework options and could afford monthly payments on homes in less-expensive areas outside of their current metros, Black renters benefit far more than other renters. In large metro areas where typical starter
Despite apology from Wells Fargo CEO, African Americans still face ‘uphill battle’ for respect
by Kaylan Ware On September 23, Wells Fargo CEO Charles Scharf apologized in a letter to his employees for comments made in a June 16 memo titled “Our commitment to change.” “While it might sound like an excuse, the unfortunate reality is that there is a very limited pool of Black talent to recruit from with this specific experience,” Scharf said in the June 16 memo. He also repeated this sentiment during a company Zoom meeting. In the same memo, Scharf proposed to double the number of Black senior leaders
Want a better ROI? Get your Diversity, Inclusion team certified
Diversity and Inclusion work is also becoming more complex for employers who operate in multiple states or abroad. For example, New York recently passed a law requiring annual, interactive sexual harassment training; California is on the verge of mandating at least one woman to serve on company boards, and more than 11 states currently ban applicant salary history questions. Beyond legislation, companies that operate overseas must navigate through cultural nuances that can make or break partnerships or other business opportunities. As a “newbie” navigator, Nicole L. Johnson is
Women more likely to face housing insecurity in pandemic-led recession
The pandemic-led recession is disproportionately hurting women in the workforce and is more likely to threaten their housing security. A new Zillow analysis finds women are more likely than men to be unemployed, renters and caregivers during the coronavirus pandemic, thereby increasing their risk of becoming severely cost-burdened by housing. The pandemic has been a startling setback for women who had been narrowing the gender gap in recent years. At the beginning of the year, more women than ever before were in the workforce, incomes were rising along
Student Loan Debt Widens Racial Wealth Gap
NNPA NEWSWIRE — With the freeze placed on student loan repayments set to end Dec. 31, Biden has gotten behind the Democrat-led House’s HEROES Act, which calls on the federal government to pay off up to $10,000 in private, nonfederal student loans for economically distressed borrowers. “People having to make choices between paying their student loan and paying the rent … debt relief should be done immediately,” Biden stated during a news conference on Monday, November 16. By Stacy M. Brown, NNPA Newswire Senior National Correspondent President-elect Joe Biden
The Upside of Downsizing Your Holiday Season
By Elizabeth Lampkin The year two thousand and twenty has been an ongoing saga of life-altering events. Many of the adorned, traditional celebrations, trips, and gatherings were canceled, rescheduled, or modified for the safety of humankind. As the holiday season approaches, COVID-19 restrictions have once again forced us to make drastic changes to holiday family gatherings, but there is an upside to downsizing these affairs. Saving Money It is a known fact that many Americans go into debt during the holiday season to create crowd-pleasing, Hallmark celebrations. While there is
Worried about the COVID learning slide? 4 steps parents can take
(BPT) – School is so unpredictable this year, it’s hard not to worry about the what ifs. What if my child falls behind due to distance learning? What if my kids have trouble getting back to in-person learning? It’s an anxious time for many parents. In fact, a recent Understood/YouGov survey of 2,000 parents of 5- to 17-year-olds, shows that 71 percent are worried that their children will face challenges this year. For parents of kids who are diagnosed with or show signs of learning and thinking differences,
New Voices Foundation and JPMorgan Chase launches Banking Bootcamp for Black women entrepreneurs
by Sherri Kolade Are you a Black female entrepreneur who needs some assistance upping your coin? Then the New Voices Foundation and JPMorgan Chase’s Advancing Black Pathways might be a great tool for you and your entrepreneurial dreams, according to an article from Essence. The two entities partnered on a new business banking educational program for Black women entrepreneurs that will assist them in creating strong business banking relationships and grow their access to critical capital, a needed element to business development and achievements, the magazine article added. The Banking Bootcamp, which