The National Business League has launched “The Black Economic Freedom Movement” to digitize 1 million Black Business Enterprises by 2028, aiming to strengthen the nation’s first and oldest Black business organization with an ultra-modern digital ecosystem, facilitating direct connections among Black businesses and creating a formidable economic force.
Category: BUSINESS
Posted inAfro Briefs
Economic blackout: Will a 24-hour boycott make a difference?
The People\’s Union USA is encouraging U.S. residents to abstain from spending money on Feb. 28 as an act of economic resistance to protest the influence of billionaires, big corporations, and both major political parties on the lives of working Americans.
Posted inBUSINESS
Target caught in DEI crossfire as lawsuits and boycotts mount
Target Corporation has faced financial consequences, community backlash, and legal challenges after scaling back its diversity, equity, and inclusion initiatives and withdrawing its Pride Month merchandise, prompting boycotts and economic pressure from civil rights groups.
Posted inAfro Briefs
24-hour shopping blackout begins Friday, February 28
A grassroots movement, dubbed the “Target fast,” is calling for a 24-hour boycott of Target stores in protest of their decision to end their diversity, equity, and inclusion programs, potentially impacting their sales and the broader economy.
Posted inWashington D.C. News
Mayor Bowser launches applications for 2025 Robust Retail Grant Program
The 2025 Robust Retail Grant Program, managed by the Department of Small and Local Business Development, aims to support DC-based retail businesses with a funding opportunity of $10,000 through a lottery process, with applications open until March 31, 2025.
Posted inBUSINESS
Maryland’s MBE Night in Annapolis stands strong amid federal DEI rollbacks
The 16th annual MBE Night in Annapolis, led by the Legislative Black Caucus of Maryland, took place on Feb. 20, discussing opportunities in state contracting and addressing DEI initiatives under attack.
Posted inWashington D.C. News
ASALH hosts 99th Annual Black History Luncheon in honor of Black labor and resistance
The Association for the Study of African American Life and History (ASALH) hosted its 99th Annual Black History Luncheon, discussing the importance of African American labor and the impact of recent federal agencies’ decisions on diversity, equity, and inclusion.
Posted inBUSINESS
Banks cash in as Republicans move to kill consumer protections
Congressional Republicans have launched a campaign to repeal the CFPB rule that would cap overdraft charges at $5, with the banking industry pushing to preserve the estimated $8 billion in annual revenue it collects from these fees.
Posted inBUSINESS
Financial independence starts early: Make 2025 the year of money lessons
Parents can empower their children with financial literacy by incorporating lessons into upcoming activities, preparing for cash gifts, emphasizing the value of giving back, and introducing them to their first debit card.
Posted inBUSINESS
Economic Black Out called for Feb. 28
The People’s Union is calling for a 24-hour economic blackout on Feb. 28, starting at midnight, to demonstrate the power of collective action and disrupt the economy by not making any non-essential purchases.
Posted inBUSINESS
The Madison 801 brings elevated cafe dining to East Baltimore
The Madison 801, a casual fine dining cafe, has opened on the 800 block of North Chester St. in East Baltimore, offering elevated dishes and healthy options, and is a product of Black collaboration, from development to financing and construction.
Posted inTechnology
BEYA STEM Conference examines biotechnology’s potential to transform healthcare
Biotechnology innovations, including those enabled by AI and data science, are transforming healthcare by providing more precise and personalized treatments, while also addressing challenges such as bias and adoption.