Posted inAfro Briefs, BUSINESS, National News, NEWS

EARVIN “MAGIC” JOHNSON’S EQUITRUST FUNDS OVER $100 MILLION IN PPP LOANS FOR MINORITY AND WOMEN-OWNED BUSINESSES

May 18, 2020 (New York, NY) — Earvin “Magic” Johnson, majority owner of EquiTrust, the nation’s largest minority-owned insurance company, announced a $100 million partnership with MBE Capital Partners (MBECP), the largest certified minority-owned asset-based lender, and the National Action Network (NAN). Together, they are focused on distributing PPP loans geared specifically for minority and women-owned […]

Posted inCoronavirus, Health, National News, NEWS

Hospitals, Health Care Sector Reel From COVID-19 Damage

By TOM MURPHY, AP Health Writer The global coronavirus pandemic has created a huge need for health care in the U.S., but it also is delivering a devastating financial blow to that sector. COVID-19 worries have kept patients away from doctors’ offices and forced the postponement and cancellation of non-urgent surgeries. The pandemic also has […]

Posted inCoronavirus, Health, INTERNATIONAL, National News, NEWS

China Announces $2 Billion In Virus Help At WHO Assembly

By JAMEY KEATEN and MARIA CHENG, Associated Press GENEVA (AP) — China will provide $2 billion over two years to fight the coronavirus pandemic and the economic fallout from it, President Xi Jinping said Monday, rallying around the World Health Organization even as the United States has slashed funding for the U.N. health agency and […]

Posted inCoronavirus, HBCU, National News, NEWS, POLITICS

Obama Criticizes Virus Response in Online HBCU Graduation Speech

By Jill Colvin Former President Barack Obama on May 16 crititicized U.S. leaders overseeing the nation’s response to the coronavirus, telling college graduates in an online commencement address that the pandemic shows many officials “aren’t even pretending to be in charge.” Obama spoke on “Show Me Your Walk, HBCU Edition,” a two-hour event for students […]

Posted inARTS & ENTERTAINMENT, ENTERTAINMENT, National News, NEWS, TV and Film

For The First Time, Clarence Thomas Tells His Story On Television

He didn’t have a flushing toilet as a child and, when he finally moved into a house that had one, he was fascinated and continually flushed it – annoying his grandfather, who paid the water bill. As a U. S. Supreme Court justice, his tastes are remarkably modest. His ideal vacation is driving cross-country in […]

Posted inAfro Briefs, National News, NEWS, POLITICS, U.S. Government

Congressional Black Caucus Member Acknowledges Extramarital Affair

The Associated Press Democratic Congressman Steven Horsford of Nevada on May 16 acknowledged he had an extramarital affair with a woman who said the on-and-off relationship began in 2009 before ending last September.  Horsford, 47, in a statement released to The Associated Press responded to a report by the Las Vegas Review-Journal that he had […]

Posted inAfro Briefs, National News, NEWS

Princeton Honors First Black Valedictorian in 274-Year History

By AFRO Staff It took upwards of two-and-a-half centuries, finally, however, Princeton University has named the first Black valedictorian in its storied history. Nicholas Johnson, a Canadian student majoring in operations research and financial engineering, has been named valedictorian of Princeton’s Class of 2020, the university announced in a news release. A virtual commencement for […]

Posted inAfro Briefs, HBCU, Health, National News, NEWS

Louisiana HBCU, Baylor Med Sign Medical School Agreement

The Associated Press A historically Black university in New Orleans has its seventh agreement to fast-track medical school acceptance for some students.  Xavier University of Louisiana and Baylor College of Medicine in Houston announced their early assurance program on May 13. It will let three qualified students a year participate in the collaborative medical track […]

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