Tariffs on imports from Canada, Mexico and China are expected to go into effect on March 4, leading to a rise in prices on everyday essentials, such as food and gas, which will disproportionately affect Black and Brown communities.
Category: BUSINESS
Posted inAfro Briefs
Target takes a hit: $12.4 billion wiped out
Target Corporation’s stock has plummeted due to backlash over its decision to abandon its DEI commitments, leading to legal battles from shareholders and conservative groups, as well as a 40-day Target Fast led by Reverend Jamal Bryant.
Posted inBUSINESS
Clergy call for nationwide, 40-day boycott of Best Buy, Target, Walmart and other major retail chains
Hundreds of pastors, clergy, and officers of the Black Church attended a press conference on Presidents Day in response to executive orders by the 47th president of the United States, calling for a nationwide boycott to begin on Ash Wednesday, March 5.
Posted inTV and Film
‘We Need Joy’: Black community sounds the alarm after MSNBC leadership cancels ‘The ReidOut’
Members of the Black community gathered in support of political commentator Joy Reid, whose award-winning MSNBC show, “The ReidOut,” was recently cancelled, and was the first Black woman to anchor a primetime cable news show.
Posted inBUSINESS
Fostering future innovators: Experts highlight pathways to STEM success
Leaders, teachers, and parents can prepare the next generation to meet the rising demand for STEM professionals by introducing youth to science, technology, engineering, and math, and providing them with opportunities to engage in project-based learning and career technical education.
Posted inBUSINESS
Rebuilding Black wealth: How recent DEI rollbacks can fuel Black-owned businesses
Black entrepreneurs are reimagining economic power by leveraging group economics, alternative capital, digital marketing, intellectual property, and industry-specific networks, as the recent wave of rollbacks on diversity, equity, and inclusion initiatives sends shockwaves through corporate America.
Posted inNational News
The National Business League Celebrates 125th Anniversary Reaffirming Commitment to Black Economic Freedom
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.
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.
