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    The Black Lives Matter movement has prompted more support among consumers seeking out diverse businesses. Searches for Black-owned businesses were up 2,400% in 2020, compared to 2019, according to the latest data from Yelp. The restaurant review website compiled a list of popular Black-owned businesses from across the country and found that review mentions among them (in total) have grown a staggering 232% in 2020 alone compared with a year earlier. Searches for Black-owned businesses were up 2,400% in 2020 when compared to 2019, Yelp data says. (iStock) FOLLOW US ON FACEBOOK FOR MORE FOX LIFESTYLE NEWS With Black History Month officially underway, the review website is paying homage to Black American business owners by highlighting the popular U.S. businesses, which span beauty, home, food and restaurant categories. To compile the list, Yelp selected enterprises that self-identified as Black-owned, showed increases in average ratings and review counts in 2020...
    Loading the player... Citi has committed to investing $200 million of its own money, not client capital, in companies that have a positive impact on society. On Monday, the company announced its new round of investments which brings the number of companies that Citi has supported up to 11. Clerkie, a Black-owned financial services company that helps people get out of debt, is one of the three Black-owned companies that will be receiving funds. The company, founded by Guy Assad, is an artificial intelligence company that works with consumers and creditors to lighten debt burdens and losses. Me when I open @clerkieapp and see that they helped me get a loan pic.twitter.com/C60q69RVl2 — Clerkie (@clerkieapp) October 29, 2020 “In just its first year, the Citi Impact Fund has invested in 11 companies, the majority of which are founded by women, minorities – and in some cases both – that...
    Pepsi Since making its debut at 1930 E. 7th Ave. in Ybor City, 7th + Grove has been busy growing a following, racking up Best of the Bay awards, and expanding with a forthcoming second location at Sparkman Wharf. But that's not all. The Black-owned restaurant was recently featured in Pepsi’s national ad spot, “Savor the Sound." The ad is the kickoff to Pepsi’s new platform “Dig In,” which aims to encourage viewers to support Black-owned businesses that have, like all restaurateurs, suffered from the COVID-19 pandemic. According to the release, 41% of Black-owned businesses have shuttered since February, compared to 17% of white-owned businesses. The mission of the Dig In platform is to generate $100 million in sales for Black-owned businesses over the next five years.  7th + Grove was featured alongside three other Black-owned restaurants from Houston, Dallas and Washington D.C.. The Savour the Sound campaign hopes to capture the emotion, energy and spirit of each restaurant's dishes and...
    Oregon’s COVID-19 relief fund that earmarked millions for black residents and business owners has been halted due to lawsuits led by one Mexican-American and two white business owners who allege racial discrimination. The state of Oregon had set aside $62milion of its $1.4billion federal pandemic relief money to help its black business owners, community organizers and residents going through hardship after data suggested coronavirus disproportionately infected and killed black people. However, the remaining $8.8million is on hold as the relief fund faces legal challenges – and the litigation could take years. The first lawsuit came from the white owner of logging company Great Northern Resources, which is based in the city of John Day. It was later joined by Walter Leja, the 62-year-old white owner of Dynamic Service Fire and Security, a small electrical services company in Salem. Maria Garcia, the Mexican American owner of Revolucion Coffee House...
    PITTSBURGH (KDKA) – If you are planning to go holiday shopping downtown this weekend, there’s one address you don’t want to forget: 623 Smithfield Street. That is where the Pittsburgh Downtown Partnership just launched “The Black Market” and features more than 30 Black-owned businesses. Shopping there, you’ll find everything including holiday goodies, skincare, fashion, and more. “There’s a lot of Black businesses that get overshadowed because nobody knows about them,” said Lashesia Holiday, owner of Natural Beauty Supply. “So to bring light like this and bring more exposure, that’s amazing.” “Kin of Duncan is a t-shirt brand that allows pets to match their favorite human,” said Jazmiere Bates, the 14-year-old owner of Kin of Duncan. “We have the holiday Christmas mask with the matching bandana.” The Black Market runs through Sunday from 11:00 a.m. until 7:00 p.m. There will be temperature checks at the...
    COVID-19 has proven to be an equal opportunity menace, killing people of all races and ethnicities. Government shutdowns put in place to slow its spread have hurt small businesses in every corner of America, but in Oregon, the state legislature established a relief fund for Black people. The Oregon Cares Fund uses $62 million from the federal CARES Act for grants. To be eligible, individuals, families and businesses must live in or be based in Oregon, demonstrate hardship due to COVID-19 and self-identify as Black. PORTLAND BUSINESS OWNER DESCRIBES 'DEVASTATING SITUATION,' SAYS 'THERE ARE NO CONSEQUENCES' FOR CRIMES Joy Mack, owner of Jayah Rose Salon & Spa in Portland, went $30,000 into debt during the three-month COVID lockdown in Oregon. She called her Oregon Cares Fund grant a lifeline. “When you go for other types of loans, there’s a little extra scrutiny,” Mack said. “I’ve experienced it more than once myself, we [Black business owners] have a little...
    CHICAGO (CBS) – What a difference a year makes. Gone are the days of rushing through the doors of a big box store on Black Friday. But many people are shopping online or plan to support small businesses. At a time when so many stores are struggling or shuttered, owners said your dollars mean even more. That especially rings true for Black businesses. CBS 2’s Marie Saavedra reports from Hyde Park with more on a city effort called Black Shop Friday. It was the city of Chicago’s way of drawing dollars to small Black owned businesses in every neighborhood. And in a year when in person shoppers can be hard to come by, any added publicity is appreciated. In the kitchen of Flippin Flavors, a Beverly Restaurant about a year and a half old, it would have been nice if owner Brian Flippin had a crystal ball. “It was an...
    DENVER (CBS4) – This Thanksgiving, giving back to the community is two-fold at Brother Jeff’s Cultural Center in Five Points. They’re on a mission to keep Black chefs and bakers employed during the pandemic and provide food for people in need. (credit: CBS) Kym Ray worked in hospitality but was let go due to COVID-19. Now, she’s busy baking sweet potato and pecan pies with her mom and daughter. “This is three generations right here,” Ray said, as they delivered pies to Brother Jeff’s. “I understand how quickly things can change in someone’s life, so being able to help is really profound for me.” (credit: CBS) Ray’s family is making extra income thanks to Brother Jeff’s. Brother Jeff Fard is buying pies from Black bakers and paying it forward. “Think about the chefs, and think about the folks who are bakers, and folks that are going to be laid off...
    CHICAGO (WLS) -- The City of Chicago has launched a new website to promote Black-owned businesses this holiday season.The newly-launched BlackShopFriday.com provides a guide to more than 500 local Black-owned businesses that can be searched by category and/or neighborhood.In 2019, the Chicago Urban League highlighted U.S. Census data that showed Black-owned businesses in Illinois have smaller sales receipts and fewer employees than other businesses -- contributing to a racial wealth gap that impacts Chicago communities.The city said it launched the Black Shop Friday campaign in partnership with the Urban League to help narrow the wealth gap and strengthen neighborhoods across the city.
    Livy O’s Catering & Events, a Brandon, Florida-based Black-owned business is one of many listed on Green Book of Tampa Bay.GreenBookTB/Facebook While it’s easy to sit back and complain about the injustices happening within the current tumultuous racial climate we’re living in, it takes a dedicated, concerned onlooker, or onlookers in this case, to take action and do something to right the wrongs they witness on a daily basis.  In this case, Hillary Van Dyke and Josh Bean, two professionals who each serve full-time roles with Pinellas County Schools, decided to step up and do their part to shine a light on minority-owned businesses in the Tampa Bay area who’ve suffered greatly in light of shutdowns due to the COVID-19 pandemic. In particular, Van Dyke and Bean took the initiative to bring visibility to Black-owned businesses in an attempt to boost their visibility in the local marketplace.  This pair of...
    VIDEO2:2202:22Black Restaurant Week comes to New York to help Black-owned restaurantsSquawk Box This year has been met by a collision of both pandemic-induced financial uncertainty and the heightened attention toward racial injustice throughout the United States. For award-winning chef Marcus Samuelsson, it's been a roller-coaster ride that's evolved from a "total revenue loss," at the outset of New York City lockdowns, to a 50% to 60% revenue decline amid ongoing indoor dining concerns throughout Manhattan, and increasing Covid-19 case counts throughout the country. "The restaurant industry, in particular, is such a big part of New York's identity," Samuelsson told CNBC's Frank Holland. "It represents the different cultures, the different people, the different types of food ... and when one [business] closes, it takes away from that global experience you get on a Friday, Saturday or Sunday, going out and exploring something new." According to the University of California, 41% of...
    UFC on ESPN+ 35: Make your predictions for Michelle Waterson vs. Angela Hill Help Your Pup Ride in Style With These 13 Dog Strollers BofA Backs Black-Owned Banks in $300 Million Equality Drive (Bloomberg) -- Bank of America Corp. invested $50 million in three Black-owned banks as part of its $1 billion pledge over four years to advance racial equality. © Photographer: Mark Kauzlarich/Bloomberg Bank of America Corp. signage is seen with street reflections on a window in New York, U.S., on Wednesday, Oct. 12, 2016. Bank of America Corp. is scheduled to release earnings figures on October 17. The second-largest U.S. lender took equity stakes of about 5% in three minority depository institutions: First Independence Corp. in Detroit, New Orleans-based Liberty Financial Services Inc. and SCCB Financial Corp. in Columbia, South Carolina, it said in a statement. Bank of America also is in talks with other lenders owned...
    PHILADELPHIA (CBS) — Black-owned small businesses in Philadelphia were the target of racist and threatening emails. At least 10 Black-owned businesses have reported receiving racially-charged emails, threatening their establishments. One of the owners shared his story with Eyewitness News on Wednesday. “It was the use of the N-word right in the title,” Stripp’d Cold Pressed Juice owner Khoran Horn said. “So I clicked on it and it was basically, it was hate speech.” It was disturbing, but not necessarily shocking. Horn is one of several Black business owners in Philadelphia to receive one of these threatening emails. His wife took to social media to share it. “She’s like people need to know that things actually do exists,” Horn said. “It’s funny that she says that because the second that it was shared, a lot of people who are in our circle reached out saying ‘oh my gosh, I can’t...
    Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York City The Center for an Urban Future’s latest report on commerce in New York City does not bode well for the Hispanic community, as Latino New Yorkers fell behind in small business ownership compared to a sharp increase in Black-owned businesses. Even Latino enclaves in the city have seen a decline, such as Queens toppling from the No. 11 county in the United States for entrepreneurship to No. 18, according to the new report, which shows businesses owned by Black New Yorkers increasing in Manhattan by 45% and 44% in Queens. “Even before the pandemic, Hispanic-owned businesses across the city were facing major new threats. In fact, we show that over the past five years, the number of Hispanic-owned businesses decreased by 8.7 percent citywide, and by 23 percent in the Bronx....
    Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York City BY VICTORIA WALDERSEE AND MELISSA FARES A day after the shooting of Jacob Blake in Kenosha, Wisconsin, searches for the term “Black-owned businesses” began to surge on Google Trends, as social media users called out for suggestions on where to spend their money in a way that supported the Black community. “I’d like to start a thread of Black-owned businesses to support in the Kenosha/Racine, Wisconsin area. Please add any more that you know of!” tweeted Nikki Francois in Wisconsin. “Mention some Black-owned businesses, I wanna support,” Briana Howington tweeted the same day. The trend mirrors a peak in searches for the term “Black-owned businesses” on the Google search engine as well as spiking sales at Black-owned businesses in the U.S. and UK in the wake of George Floyd’s death in...
    ACLU suing Trump administration over Portland protest tactics Foods you do and dont need to chuck after their expiration date Transfer VHS Tapes, Film, and Photos to Digital Ad Microsoft Motley Fool Issues Rare “All In” Buy Alert Ad Microsoft 20+ Gadgets We Bet You Haven't Seen Yet Ad Microsoft Full screen 1/16 SLIDES © amazon The 500+ Club helps take the guesswork out of shopping on Amazon. The product experts at Good Housekeeping have vetted the below products to ensure they’re worth your money. Each one boasts at least 500 reviews and a minimum 4-star rating from real, verified reviewers, so you can trust that you’re purchasing products that...
    Bringing customers into the doors of local Black-owned businesses is the focus of a new campaign being launched by Prince George’s County, Maryland. County executive Angela Alsobrooks announced Friday that the county’s Buy Prince George’s Initiative was started to build on efforts already being made to identify, promote and ultimately patronize Black-owned businesses during National Black Business Month, which runs all of August. “Black-owned businesses across the nation have been hit particularly hard by this pandemic, so during National Black Business Month, we want to use our Buy Prince George’s Initiative to celebrate, promote and support our local Black-owned businesses,” Alsobrooks said in a news release. “Small and local businesses are the backbone of our economy, and we will continue doing everything we can to ensure they recover from this pandemic stronger than ever before.” Some examples of the campaign in action have been “Takeout Tuesday,” as well as all...
    CHICAGO (WLS) -- To mark the 26th anniversary of National Black Business Month in Illinois,TheBlackMall.com (TBM) will host Black business crawls every Saturday in August."2020 is a year of major change, making it an open portal for Black owned businesses to finally gain the spotlight," said TBM CEO Cassiopeia Uhuru. "August is the perfect month to set the stage."TheBlackMall.com partnered with Afrika Enterprises, Black Entrepreneurship Collective, Black Chicago Eats, Blacknificent Mile 79th Street Corridor, CBW Productions, Red Level Entertainment, SMP Creative Business and Design, Steps Inc Consulting, The Black Ink Group, United Black American Progress Association and WDB Marketing to sip, shop and support Black businesses.The Black Business Crawl will happen in Englewood, Hyde Park, Chatham, Austin, and Uptown, and other communities between noon and 4pm every Saturday in August and include some of Chicago's favorite Black owned businesses such as Culture Connection, The Silver Room, Sip & Savor, Batter...
    BALTIMORE, Md. (WJZ) — It’s Black Business Month and the state is placing the spotlight on Maryland’s Black-owned businesses. WJZ’s Amy Kawata spoke to two popular businesses on why it’s so important to support them, especially now. Here’s how you can help support not just this month but year-round. From food to breweries to fitness and beauty products, you name it, Maryland has a growing list of Black-owned businesses established in the community. “Black-owned businesses are an important part of our neighborhood, they create goods and services that we all use,” Ana Hall Defoor, of Maryland Office of Tourism, said. “A lot of these businesses were hit really hard by covid-19.” “So you need to invest, you need to support these black businesses, because it’s not about black people, it’s about our economy,” said Tranice Watts, Patuxent Brewing Company. In light of the Black Lives Matter movement, many people are...
    NEW YORK (WABC) -- A group of small business owners along Tompkins Avenue in Bedford-Stuyvesant, Brooklyn is finding the support they need to survive the coronavirus pandemic in each other.If you're looking for just the right home décor with a special Brooklyn vibe, no need to look any further than Bed-Stuy's Peace and Riot."I try to offer as many things as possible. I know there's a lot of holes in the market over here. We also source local makers, those items are the items that give the store some soul," owner Achiziam Maha-Sanchez said.Maha-Sanchez is one of more than 30 black business owners who've set up shop along Tompkins Avenue over the past decade."At the time I could tell it was completely underserved. There are so many people here who are at the top of their profession, but there are no services here," Bed-Vyne Wine & Spirits owner Michael Brooks...
    Twitter A young entrepreneur from Southern California has opened the first ever durag store located on Melrose.  20-year-old Atira Lyons has been documenting her journey on social media since earlier this year. Many of her followers have been spreading the word about the luxury durag collection in an effort to encourage others to support Black businesses amid COVID-19, especially those owned by Black women.  “I HAVE A STORE ON MELROSE AVE IN LOS ANGELES!!!!!!! My 20 year old a** got a f*cking store on MELROSE,” she tweeted in March. “Grand opening in a month in a half. I can’t believe I did it. Unreal. Thank you EVERYONE for your support and business.” When one critic suggested she change her ‘brand font’ because it’s illegible, Lyons fired back with: “My store is on one of the most well know streets in LA. If you don’t know what it is, it’s...
    Democratic Presidential candidate Joe Biden (Photo by Rick Loomis/Getty Images) Joe Biden plans to grow and strengthen Black-owned small businesses in Ohio and nationwide. Through his Build Back Better and Lift Every Voice plans, Biden will invest billions in the resources Black small business owners can leverage to drive their own success. The former vice president will ensure access to credit and capital for Black businesses by doubling funding for community development financial institutions (CDFIs) and the state small business credit initiative that funds local lending. Biden will improve and expand the small business administration programs that most directly serve Black-owned small businesses, including the small business development centers, the SBA Microloan Program, and the 7(a) loan program.  Read More: Joe Biden to name VP running mate first week of August As President, Biden will make permanent the Community Advantage Loan program to provide capital for startups and small businesses...
    Tech giant Google has introduced a new feature that allows businesses to mark themselves as black-owned on its Maps and Search products as part of its stated effort to support the black community. Google has not stated if it will examine applicants for the badge to ensure the companies truly have black ownership. The Verge reports that the tech giant Google has launched a new tool allowing businesses to identify themselves as black-owned in the firm’s Maps and Search listings. The feature is part of Google’s recent pledge to support the black community with “initiatives and product ideas that support long-term solutions.” When users search for a business via Google Search or Google Maps, a badge will now be displayed alongside black-owned businesses. The badge is a black heart over an orange three-striped background, an image can be seen below: Business owners must claim their business on Google and verify...
    Google has teamed up with the US Black Chambers, Inc, which empowers Black-owned businesses through resources and initiatives, to spread awareness about the new attribute. Google and the organization plan to train Black business owners on how to be more visible on the search engine using My Business and Analytics. This move comes a month after the company announced its racial equality initiative. Google chief Sundar Pichai revealed back then that Google will contribute $175 million toward creating economic opportunities for Black businesses and workers. As part of that initiative, Google for Startups has also unveiled its inaugural Accelerator for Black Founders class. Twelve black founders will train under Google and other industry experts on technical challenges, business growth and outside investment opportunities to help them grow their organizations.
    PITTSBURGH (KDKA) — Support for Black-owned businesses is seemingly surging alongside nationwide protests following the death of George Floyd in police custody. In their second-quarter economic average report, Yelp says between May 25 and July 10, there were over 25 million searches for Black-owned businesses on the site. Over the same span in 2019, Yelp reported around 35,000 searches. It’s a jump of over 7,000 percent. Tim Guthrie, the owner of Casa Brasil in Highland Park, says he’s seen a change in his business in recent months but admits it’s not consistent. Surges will typically come immediately after his restaurant is featured in an online post or article about Pittsburgh’s Black-owned businesses. “The first time that happened, we had to shut down a few days in a row,” he said. “It was too busy. So then we see the next week, it wanes back down.” Black-owned businesses...
    James Robinson works in Black-owned business,The Formalwear store, on Blackout Day 2020 on July 07, 2020 in Miami Gardens, Florida. (Photo by Joe Raedle/Getty Images) The quarterly Yelp Local Economic Impact Report shows exciting news for Black-owned businesses.  Since, May 25, the date that George Floyd was killed by police in Minneapolis, searches for Black-owned businesses increased by 1785%. Reviews that mention Black-owned is up 426%.  READ MORE: Harlem’s small Black businesses struggle amid pandemic According to the report, Washington, D.C. had the highest number of Black-owned searches followed by Minnesota, Maryland, Michigan, and Georgia.  It noted, “From May 25 to July 10, there have been more than 2,500,000 searches for Black-owned businesses on Yelp, compared to approximately 35,000 over the same time period last year (7,043% increase).” The stunning increase was significant for Black-owned restaurants and bookstores in particular.  Image Yelp study The news is exciting amid the...
    MEDIA, Pa. (CBS) — A community fest for Black Lives Matter in Delaware County. Eyewitness News was in front of the Delaware County courthouse in Media on Saturday. Organizers hope to get more people involved in the Black Lives Matter movement. Borough resident and Drexel University student Senta Johnson spearheaded the event. “This is the community fest for Black Lives Matter, it’s a way for people from surrounding communities to come together, hear some live music, hear some young speakers and support their local Black-owned businesses,” Johnson said. Proceeds from the event will go to local Black-owned businesses and the NAACP legislative and education fund.
    Michael De Los Santos saw a big boost in sales on Blackout Day as consumers supported his BBQ sauce business.Source: Michael De Los Santos As activists and allies spread the word about Blackout Day, some Black-owned businesses said they saw a boost in support. The movement urged both Black consumers and others to either withhold spending entirely on Blackout Day, or support Black-owned businesses, in order to show the spending power of the Black community and to highlight the need for economic and financial equality. Nile, an online community that connects shoppers with Black-owned brands, saw a boost of 200% in its userbase on Tuesday from the prior day.  Nile's founder, Khadijah Robinson, said she launched her website March 1 after collecting a list of Black-owned web businesses to support that she circulated with family and friends for years. "I really love online shopping and it...
    OAKLAND (KPIX) – A national call to support black-owned businesses on ‘Blackout Day’ brought a much-needed boost in sales to some East Bay entrepreneurs. Blackout Day encourages Black Americans and supporters to not spend money, unless it’s with black owned businesses. The effort gained steam following the death of George Floyd and protests against racial injustice. Burmese Asian Fusion restaurant Teni East Kitchen said it immediately saw a 30 percent boost in sales. “We had the community just coming together, supporting us, and we feel it, we feel acknowledged, we feel like we’ve been seen. It’s a small restaurant,” said owner Tiyo Shibabaw. Across the Bay Area, customers were trying to make a big impact. “I think it’s really just the first step in the right direction,” said Rachelle Wright of Hayward. “There’s plenty of places to eat, I know we all love a lot of different foods, but do...
    HEMPSTEAD, N.Y. (CBSNewYork) — Many consumers are participating in a national economic protest Tuesday called Blackout Day. It’s a call for racial equality, encouraging black Americans to not spend a dollar anywhere unless it’s a black-owned business. Craig Brown has owned his Hempstead store, Craig’s Clothing, for 20 years. He said the shop has seen its fair share of troubles throughout the years, but nothing compares to the coronavirus shutdown. “I was closed, nobody came out,” Brown told CBS2’s Nina Kapur. “It was different and now we’re trying to come back. I’m behind on rent. I still got to try to do what I can do.” MORE: Black Business Owners Believe Protests Leading To Spike In Customers Craig’s Clothing shut its doors from mid-March until about two weeks ago. Brown is still scared of losing his business and his livelihood. He’s not alone. Just down the street, Melesia Labeach offers a...
    HEMPSTEAD, N.Y. (CBSNewYork) — Many consumers are participating in a national economic protest Tuesday called Blackout Tuesday. It’s a call for racial equality, encouraging black Americans to not spend a dollar anywhere unless it’s a black-owned business. Craig Brown has owned his Hempstead store, Craig’s Clothing, for 20 years. He said the shop has seen its fair share of troubles throughout the years, but nothing compares to the coronavirus shutdown. “I was closed, nobody came out,” Brown told CBS2’s Nina Kapur. “It was different and now we’re trying to come back. I’m behind on rent. I still got to try to do what I can do.” MORE: Black Business Owners Believe Protests Leading To Spike In Customers Craig’s Clothing shut its doors from mid-March until about two weeks ago. Brown is still scared of losing his business and his livelihood. He’s not alone. Just down the street, Melesia Labeach offers a...
    MINNEAPOLIS (WCCO) — After George Floyd’s death, many galvanized to financially support and donate to Black-owned businesses. Here in Minnesota, one type of business did not have any all-Black owners — until now. WCCO’s Marielle Mohs introduces us to two women filling a void in the Twin Cities. “I feel strongly that now is the time to open it,” Dionne Sims said. Sims simply manifested her dream into a tweet on June 15, 2020, that reads “Minnesota doesn’t have a black-owned bookstore. I think that’s my new dream.” The tweet went viral and caught the attention of 22-year-old Somali-American, and Minnesotan, Muna Abdulahi, who felt called to help make this a dream of hers as well. “It was one of the most natural things. It just felt really right to be working with her on this,” Sims said. Their concept, Black Garnet Books, is already gaining a lot of support online. It...
    HUMBOLDT PARK — A neighborhood market and cafe carrying a changing selection of locally made products has opened on Humboldt Park’s Division Street. Rotating Market, 2627 W. Division St., sells everything from coffee and smoothies to handmade gifts and haircare products. Fifteen local businesses are represented in the market, which served its first customers last week. The goal of the market and cafe is to support local vendors who are struggling due to the coronavirus pandemic, co-owner Thao Tran said. “They need a place to continue with their business, but they don’t have an outlet,” Tran said. Tran said she and her business partner also want to support women- and Black-owned small businesses that don’t always have the easiest time getting their products in traditional stores. Tran, 27, has worked in the restaurant industry since she moved to Chicago from Vietnam 11 years ago. She said she’s watched women and...
    LOS GATOS (CBS SF / CNN) — Netflix on Tuesday said it would invest in Black-owned banks in an effort to help close the wealth gap between Black and White America. The streaming service headquartared in Los Gatos announced plans to deposit 2% of its cash, or an estimated $100 million, into Black-owned financial institutions and community development organizations, which have a better track record of lending to minority borrowers than mainstream consumer banks. Minority-owned banks and credit unions represent just 1% of America’s total commercial banking assets. “We believe bringing more capital to these communities can make a meaningful difference for the people and businesses in them, helping more families buy their first home or save for college, and more small businesses get started or grow,” Netflix said in a statement. As part of the initiative, the company is also investing $25 million into the New York-based Local Initiatives Support Corporation, a development...
    New York (CNN Business)Netflix (NFLX) on Tuesday said it would invest in Black-owned banks in an effort to help close the wealth gap between Black and White America.The streaming service announced plans to deposit 2% of its cash, or an estimated $100 million, into Black-owned financial institutions and community development organizations, which have a better track record of lending to minority borrowers than mainstream consumer banks.Minority-owned banks and credit unions represent just 1% of America's total commercial banking assets. "We believe bringing more capital to these communities can make a meaningful difference for the people and businesses in them, helping more families buy their first home or save for college, and more small businesses get started or grow," Netflix said in a statement.As part of the initiative, the company is also investing $25 million into the New York-based Local Initiatives Support Corporation, a development finance company with 35 offices across...
    Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York City By Courtney Ingalls The Black Lives Matter Movement is taking the world by storm. Many people are taking action in many ways such as taking it to social media, protesting, and donating. If people are trying to find other ways to help be an ally to this movement, supporting Black-owned businesses is another great way! Here are some great family-friendly Black-owned businesses that will bring the family together while also having fun! A Princess Like Me – Online Disney inspired characters and other female party characters come to life for your kid’s special days! A Princess Like Me allows you to give your kids an experience that they will never forget while also adding a little magic to their day. Since we aren’t able to celebrate in person, for the time being,...
    Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York City The COVID-19 pandemic has had a tremendous impact on minority communities. Not only are people of color more likely to get sick and die from coronavirus, Black workers and businesses are more likely to be feeling the impacts of the economic downturn. The economy gained about 2.5 million jobs in May, but according to the Bureau of Labor Statistics, black unemployment has increased – 3.3 million Black Americans were unemployed in May, compared to 3.2 million in April, and 1.2 million in January. Black-owned businesses have been hit hard by the coronavirus, exacerbating long standing financial inequalities. Even before the pandemic, Black-owned businesses were nearly twice as likely to be distressed or at risk as compared to white-owned businesses. Additionally, Black people are underrepresented among business owners; only 4.3 percent of the nation’s...
    CBS News is chronicling what has changed for the lives of residents of some of the biggest battleground states in 2020 amid the coronavirus pandemic. Dr. Fitzherbert Harry, 35, is a physical therapist in Maitland, Florida. The St. Thomas-native had been running his small business, Harry Physical Therapy and Wellness, for a year when the coronavirus hit. His small team of three contracted therapists, wasn't ready for the sudden plummet in patients. As the pandemic worsened, Harry's 25 clients dropped to just three. And what would usually be seven patient visits per day, turned into seven visits per week. "There was a big widespread panic among the patients," recalled Harry. "I got text messages, phone calls, and they're in tears, like we have no idea what to do, we just want to stop with everything for now." Get Breaking News Delivered to Your Inbox Harry was able to begin...
    Shatira Wilks' says her Edible Arrangements store in South Side Chicago's Jeffery Manor neighborhood was "just destroyed" by looters. Her computers, cash drawer, tools, and inventory of fruit and chocolate were all taken. Chicago Mayor Lori Lightfoot has announced the Together Now fund, aimed at helping small businesses recover. But, as a franchisee, Wilks is not eligible for a grant. Like other neighborhood businesses, Wilks says she's not sure she'll reopen. "To go in and feel like you have to rebuild … it has to make sense," she told Insider. Visit Insider's homepage for more stories. When Shatira Wilks laid eyes on her Edible Arrangements franchise she was filled with disbelief. The shop, which she opened two years ago in South Side Chicago's Jeffery Manor neighborhood, had been ransacked. "When I pulled up and saw it, I couldn't believe it. I didn't know if I was going to...
    Beyonce is marking Juneteenth with the launch of Black Parade Route, an initiative supporting Black-owned small businesses, and with the release of a new song called Black Parade. The newly launched section of the pop superstar's website includes a lengthy list of Black businesses people can buy from that are listed in categories such as: Art & Design, Beauty, Fashion, Home & Living, Lifestyle, Restaurants & Bars, Services and Wellness & Health.   'Being Black is your activism. Black excellence is a form of protest. Black joy is your right,' she wrote in the tagline of the Black Parade page. Scroll down to hear new song Black Parade Making a splash on celebratory holiday: Beyonce dropped a surprise new song and initiative called Black Parade on Juneteenth According to the website, Black Parade 'benefits BeyGOOD's Black Business Impact Fund, administered by the National Urban League, to support Black-owned small businesses in...
    Beyoncé surprised fans with the release of a new song Friday night called "Black Parade" in honor of Juneteenth.Beyoncé also launched an initiative with the same name on her website to bring attention to small-owned Black businesses. Visit Insider's homepage for more stories. Queen Bey is back.  Beyoncé released a surprise song online late Friday night called "Black Parade."  "Happy Juneteenth Weekend! I hope we continue to share joy and celebrate each other, even in the midst of struggle," the singer wrote in an Instagram post along with the single announcement. "Please continue to remember our beauty, strength and power." Happy Juneteenth Weekend! I hope we continue to share joy and celebrate each other, even in the midst of struggle. Please continue to remember our beauty, strength and power. _ “BLACK PARADE” celebrates you, your voice and your joy and will benefit Black-owned small businesses. Click the link in...
    Efforts are underway in Minnesota to rebuild the small businesses that were damaged or even destroyed during civil unrest following George Floyd's death, with an estimated 220 buildings damaged at a cost of more than $50 million. Nancy Korsah is helping organize the rebuild as the founder of Black Business Minnesota, a Facebook group with more than 35,000 minority business owners. She spoke with CBS MoneyWatch about the push to help black-owned companies recover. This interview has been edited for length and clarity.  What have black business owners in Minneapolis-St. Paul been focusing on following the unrest that led to the damage? Nancy Korsah: Right now, the focus has been rebuilding, helping, cleaning and starting a whole new business plan with the thinking that nothing can go back to what it was.  Get Breaking News Delivered to Your Inbox What has been the biggest obstacle to getting business owners back on...
    SAN JOSE, Calif. (KGO) -- A Bay Area developer has created the app Shea'd to promote Black-owned businesses in the area. The app is just one of a number of apps Apple is highlighting on Juneteenth ahead of its annual World Wide Developers Conference."Shea'd is kind of sparking new relationships with business owners and community members in each place that we decided to like set up shop," said Ibrahim Conteh, one of the app's co-founders.Conteh is a Bay Area native.He grew up in San Jose and currently works in the tech industry as an engineer.The app debuted on Apple's App Store November 2019. Conteh said the platform was launched at Afrotech, the annual multicultural developers conference in Silicon Valley focused on promoting diverse voice in tech.Shea'd is gaining popularity at a time when people are actively looking to support Black-owned businesses. Many have been forced to close permanently due to...
    WICKER PARK — Protests over the police killing of George Floyd in Minneapolis have spurred local campaigns to patronize Black-owned businesses, from retail stores to restaurants. The campaigns worked for some business owners. Eric Williams of the Silver Room experienced record-breaking online sales. Bridgette Flagg, owner of Soulé in West Town, said she noticed a boost, too. Want to help in Wicker Park, Bucktown and West Town? Here’s a map of Black-owned businesses: This list is based on interviews with business owners as well as information on the Black- and Brown-focused food blog Seasoned and Blessed. This list may include executive chefs who are at the helm of locations that aren’t 100 percent Black-owned. These maps may not be comprehensive. If you see a business missing, email hannah@blockclubchi.org. Subscribe to Block Club Chicago. Every dime we make funds reporting from Chicago’s neighborhoods. Already subscribe? Click here to support...
    AUBURN GRESHAM — Two Black-owned businesses are teaming up to host a food giveaway Thursday. Hope Wellness Group owner Maria Jefferson-Walker and Tanya Bennett, owner of Push 365 Event Group, will give out groceries 2-6 p.m. Thursday at the northeast corner of the St. Sabina Church parking lot, 78th Street and Racine Avenue. Families can drive or walk up to get their items. Do stories like this matter to you? Subscribe to Block Club Chicago. Every dime we make funds reporting from Chicago’s neighborhoods. Already subscribe? Click here to support Block Club with a tax-deductible donation.
    Updated: June 11 ROGERS PARK — It can be easy to think a small business community represents the diversity of the people living in the neighborhood. That’s not always true — but it could be if neighbors actively work to support minority-owned businesses, said Terry Gant, owner of Third Coast Comics in Rogers Park. “When you don’t have times like these, you think you’re supporting business who look like you,” Gant said. “Now, in this time, people are seeking us out.” Nationwide protests over the police killing of George Floyd in Minneapolis have spurred people to find ways to dismantle systemic racism in the country. One of the small ways to help, advocates say, is to help support Black-owned businesses. Uptown United and the Rogers Park Business Alliance have shared lists of Black-owned businesses in their neighborhoods, making it easier for residents to recognize and support...
    WEST TOWN — When Bridgette Flagg opened Soulé in West Town nearly three years ago, her cajun and soul food dishes drew customers from outside the neighborhood to her 33-seat restaurant on Chicago Avenue. Flagg’s recipes come from Sunday family dinners at her grandmothers’ homes. Fried catfish is a crowd favorite. But amid nationwide protests overs the death of George Floyd — and with that, renewed focus on supporting Black communities — Flagg has seen a boost in new customers, she said. Flagg, a Black woman, credited the boost to social media campaigns urging Chicagoans to patronize Black-owned businesses. She’s even had strangers offer her donations. “I’ve never had that happen before,” Flagg said. Soulé, 1931 W. Chicago Ave., is one of dozens of Black-owned restaurants name-dropped in lists of Chicago businesses to support in the spirit of uplifting Black entrepreneurs. The campaigns have been popular on...
    ROGERS PARK — It’s can be easy to think a small business community represents the diversity of the people living in the neighborhood. That’s not always true — but it could be if neighbors actively work to support minority-owned businesses, said Terry Gant, owner of Third Coast Comics in Rogers Park. “When you don’t have times like these, you think you’re supporting business who look like you,” Gant said. “Now, in this time, people are seeking us out.” Nationwide protests over the police killing of George Floyd in Minneapolis have spurred people to find ways to dismantle systemic racism in the country. One of the small ways to help, advocates say, is to help support Black-owned businesses. Uptown United and the Rogers Park Business Alliance have shared lists of Black-owned businesses in their neighborhoods, helping residents make it easier to recognize and support the establishments. ...
    New York (CNN Business)As protests for racial justice continue to spring up across the country, so has the push to support black-owned businesses. The renewed interest has taken the form of widely shared hashtags, resource guides, Google Docs and apps consumers can utilize to show support for the black community, following the death of George Floyd. And with the swell of support has come a surge of popularity in black-owned business directory apps and new ways to support small black-owned businesses during this time. So far, in the month of June, there has been an uptick in searches related to black-owned businesses. According to Google Trends data, searches for "How to find black owned businesses in your area" saw a 300% spike from June 1 to June 2 in the United States, while searches for "Black owned restaurants near me" tripled. "We're hoping that, in retrospect, this moment will have...
    Black activists in Minnesota were seen arming themselves on Thursday to protect local businesses amid the looting and rioting following the death of George Floyd last week. Floyd, 46, died Monday night after a police officer pressed his knee against his neck for more than eight minutes. Footage released of the incident showed Floyd shouting, “I cannot breathe” and, “Don’t kill me.” In a video that went viral on Twitter, the civilians were captured holding automatic rifles outside of a local business in St. Paul, near Minneapolis -- where Floyd died in police custody. CALIFORNIA LIQUOR STORE OWNER USES AR-15 TO PROTECT HIS PROPERTY FROM LOOTERS IN GEORGE FLOYD UNREST A man breaks a window at a tire store Thursday, May 28, 2020, in St. Paul, Minn. Minnesota Gov. Tim Walz called in the National Guard on Thursday as looting broke out in St. Paul and a wounded Minneapolis braced for more violence after rioting over...
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