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OP-ED: To Labor Day and Labor Days Ahead

By UAW President Ray Curry In 1882, a union man, Peter J. McGuire, founder of the Brotherhood of Carpenters and Joiners and an early supporter of the creation of the American Federation of Labor, suggested setting aside a day for a “general holiday for the laboring classes.” Almost 130 years later, Labor Day continues to celebrate those who did the work and the magnificent job they have done in...

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Black in Business: How Black Businesses Are Fairing After COVID-19

A casualty of nationwide shutdowns, little resources, and systemic racism, Black businesses have struggled greatly during the coronavirus pandemic and the battle for job security is far from over. What was originally thought to be a relatively short run-in with an unknown virus, quickly became a year-long disease that plagued a number of Black-owned businesses throughout the United States and beyond. With many Americans receiving vaccines and businesses opening...

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Black business registrations increase during COVID pandemic

(BlackPressUSA)—Several states have shown that the number of registered businesses has “more than doubled” according to analysis by the New York Times. In the month after the CARES Act was passed by Congress in March 2020, business registrations increased by 60 percent. Though the economic downturn caused by the COVID pandemic is likely to damage entrepreneurship and put many small businesses in a financial hole or out of business...

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Wells Fargo anchors the Black Economic Alliance Foundation’s Entrepreneurs Fund

(BlackPressUSA) — The Black Economic Alliance Foundation (BEA), in collaboration with Wells Fargo, launched the Black Economic Alliance Entrepreneurs Fund (BEA Entrepreneurs Fund) to accelerate the growth of Black entrepreneurs and business owners. The $50 million evergreen fund will provide seed, start-up, and early-stage capital to businesses founded and led by Black entrepreneurs. The launch of the BEA Entrepreneurs Fund is anchored by Wells Fargo with a $20 million...

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Leading Black Media Company Real Times Media and its Michigan Chronicle to Host GM Chairman & CEO Mary Barra for Pancakes & Politics

Discussion will focus on company’s efforts to engage Black and brown consumers Wednesday, June 9 at 2 p.m. DETROIT — June 4, 2021 — On Wednesday, June 9 at 2 p.m., Michigan Chronicle’s Pancakes & Politics series will feature General Motors CEO Mary Barra. Following the untimely death of George Floyd, GM’s leadership committed to doing the challenging but necessary work to strengthen diversity, equity and inclusion at GM...

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John Hope Bryant vows to create one million Black entrepreneurs, businesses with $130 million fund with Shopify

By Hunter Gilmore, The Atlanta Voice For centuries, people from all over the world have viewed and traveled to America in pursuit of the American dream. To come to a place where freedom, opportunity and financial gain were highlighted at the top of the list. Everyone aspires to obtain these goals, especially people who are native to this country. However, somewhere along the way various societal and racial factors...

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