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
Nielsen’s 10th-Year African American Consumer Report Explores The Power Of The Black Community From Moment To Movement
For 10 years, Nielsen has been dedicated to telling the story of the power of Black consumers and their diversity, long before the call for social justice sounded. According to "The Power of the Black Community – From Moment to Movement," the 10th annual report in Nielsen's Diverse Intelligence Series on African American consumers, Black influence on the economy and pop culture continues to drive not only significant moments in history, but drive change across industries and digital platforms. From video streaming, radio listenership and podcasting to buying Black and
Property is Power: Should You Refinance or Sell?
By Anthony O. Kellum The ongoing question…Should I refinance or sell? Everywhere you look you see, advertisements suggesting: “Lock in the rate!” “Refinance now and save!” Before you know it, you are asking yourself “Should I refinance?” That is a great question and we will explore what the hype is all about as it relates to refinancing. The answer usually comes down to two basic facts. Budget: Avoid accumulating debt as a result of a loan Lifestyle: Downsize living space or access your home equity Whether you ought to refinance
Graham Media Group Hires Caroline Chambers As Senior Director, Diversity & Inclusion
Graham Media Group today announced that Caroline Chambers will join the company as its first Senior Director, Diversity & Inclusion effective November 2. Most recently, Chambers was the Vice President, National Director of Diversity Initiatives for Comerica Bank. In that role, she was responsible for internal and external diversity program management including market segment business development teams, employee resource network groups, diversity training, image consulting and philanthropic outreach to diverse communities. Prior to that, Chambers also served as Comerica Bank’s Vice President, National Director of Corporate Contributions and Charitable
Black Homeownership Is More Expensive According to New MIT Study
Currently, American mortgage rates are at an all-time low. However access to those rates are incumbent upon excellent credit scores and a 20 percent down payment. Previous data has shown that on average, Black Americans have lower credit scores and less savings. New research released by MIT earlier this month indicates that for Black Americans, the dream of homeownership is more costly to become a reality. Inequities in mortgage interest payments ($743 annually), mortgage insurance premiums ($550 annually), and property taxes ($390 annually) 'make it impossible for
Comcast promotes Dalila Wilson-Scott to chief diversity officer
Ms. Wilson-Scott will oversee all Diversity, Equity, and Inclusion activities for the corporation. She will also continue to lead the Comcast NBCUniversal Foundation and the company’s community impact work. “Dalila is a fantastic leader and passionate advocate and supporter of our corporate social responsibility efforts, which have been at the heart of our company for decades,” said Mr. Roberts. “In her new role, she will build on our strong foundation, partnering with leadership teams across our organization to continue to make our company and culture more inclusive, and
VICE MEDIA GROUP NAMES VETERAN BRAND EXECUTIVE NADJA BELLAN-WHITE AS GLOBAL CHIEF MARKETING OFFICER
VICE Media Group CEO Nancy Dubuc announced that the company has appointed veteran marketing, brand and communications leader Nadja Bellan-White to its executive leadership team in the role of Global Chief Marketing Officer. Bellan-White will be the first to assume the newly-created global position, uniting VICE Media Group’s portfolio and teams across marketing, branding and communications internationally under one pillar. She will be responsible for aligning the company’s worldwide brand narrative across its five businesses and will amplify VICE’s authority as the world’s leading youth media brand, maximizing
JPMorgan Chase Commits $30 Billion to Advance Racial Equity
NNPA NEWSWIRE — JPMorgan Chase announced new long-term commitments to advance racial equity. The firm will harness its expertise in business, policy and philanthropy and commit an additional $30 billion over the next five years to provide economic opportunity to underserved communities, especially the Black and Latinx communities. Structural barriers in the U.S. have created profound racial inequalities that have been exacerbated by the COVID-19 pandemic. The existing racial wealth gap puts a strain on families’ economic mobility and restricts the U.S. economy. Building on the firm’s existing
Comcast and Revolt Reach New Deal Expanding to 30 New Markets
Comcast and REVOLT, the unapologetically Hip Hop content platform from Sean “Diddy” Combs, have reached an agreement to significantly expand its availability to Xfinity TV customers across the country in new and existing markets. As of September 29, REVOLT has been added in HD to the Xfinity Digital Starter package in Philadelphia, Northern New Jersey, Orlando, West Palm Beach, Ft. Myers, Jacksonville, Tampa, Knoxville, Indianapolis, Charleston, and Augusta, making the network available to millions more Xfinity customers. Additionally, in markets where REVOLT has been available in standard definition
Duquesne Light CEO Steven Malnight a champion for diversity
Hires African Americans for senior-level positions by Rob Taylor Jr. Sure, anyone would be excited, even exuberant, about the prospects of leading one of Pittsburgh’s most cherished companies, one that’s been in existence for some 140 years. That was the case for Steven Malnight, who received his bachelor’s in chemical engineering from Notre Dame, an MBA from Dartmouth College’s prestigious Tucker School of Business, then later worked magic for nearly 15 years at the Pacific Gas and Electric utility company (California) in a variety of roles, including senior vice