Black Designer Lights Up GM

Martin Davis — a bright spot for GM.

WASHINGTON (NNPA) – If you’re driving down a highway, street or tunnel anywhere in North America and you see the shimmering new headlights on the latest Cadillac, Chevrolet, GMC or Buick approaching you, there’s a good chance you’re seeing the work of Martin Davis, a talented, young African American designer who works for General Motors. […]

Number of businesses owned by minority women are soaring

87483169

(AP) – The number of U.S. businesses owned by minority women is soaring, and outstripping U.S. business growth in general. The number of companies owned by Hispanic women rose 87 percent between 2007 and 2012, while the number of companies owned by Black women rose nearly 68 percent, according to preliminary figures released last week […]

No digital divide among Black, white millennials

120021849

WASHINGTON (AP) — A new poll finds African-American millennials say they are just as engaged in getting news online as their white counterparts, further debunking a long-held belief that people of color are at risk of being left behind technologically. In general, 64 percent of millennials say they read and watch news online regularly, including […]

Boosting Child Tax Credit Would Lift Poor Black Children Out of Poverty

The report said that eliminating the minimum earnings requirement and making the credit fully refundable would also make the Child Tax Credit more effective. (Stock Photo)

WASHINGTON (NNPA) – Reforms proposed to the Child Tax Credit by the Center for American Progress could help to reduce poverty in children younger than 3 years old in the Black community by nearly 22 percent. The plans to enhance the credit are laid out in a report by the progressive think tank. According to […]

Netflix to give workers with babies a year of paid leave

netflix-logo

SAN FRANCISCO (AP) — Netflix is giving new parents on its payroll up to a year of paid leave in a move that could pressure other technology employers to improve their baby benefits as they vie for talent. The employee benefit announced Tuesday on Netflix’s blog is generous even by the high standards of Silicon […]

Comcast speeding up its discounted Internet service

comcast-logo

WASHINGTON (AP) — Comcast is speeding up and expanding a discounted Internet service that was created to get more low-income people online. Comcast created the program four years ago as a condition of government approval of its purchase of NBCUniversal. The service costs $10 a month, a quarter of Comcast’s promotional price for a slightly […]

Improving Black Business Prosperity in California (Video)

Leg Blk Hearing 2

SACRAMENTO (CBM) – Recognizing the perpetual struggle for Black-owned businesses to survive in California, the Legislative Black Caucus convened an informational hearing with two Assembly business and jobs committees at the State Capitol recently to hear testimonies of established business owners and what it will take to improve their enterprises. “We need access to Capital,” expressed […]

Higher Minimum-Wage Proposals Gain Ground on Both Coasts

black man money

(AP) – The push for a higher minimum wage gained momentum on both sides of the country Wednesday, with New York embracing an eventual $15 an hour for the state’s 200,000 fast-food workers and the huge University of California system announcing the same raise for its employees. “How we support our workers and their families […]

Obama to announce high-speed Internet help for homes

98427178

WASHINGTON (AP) — President Barack Obama set a goal of bringing high-speed Internet to most schools by 2017. And on Wednesday, he’s going to Oklahoma to announce a new program — called ConnectHome — to help close the digital divide by bringing faster Internet to more people. Under the pilot program, the White House says […]

Minority Banks Shut Out of Federal Tax-Credit Program

Industrial Bank’s Georgia Avenue branch in Northwest D.C. (Courtesy photo)

(NNPA) – Minority-owned banks are crying foul about the federal government snubbing them for tax credits they say could generate economic development in the nation’s most needy communities. The Community Development Financial Institutions (CDFI) Fund, an arm of the Treasury Department, issued in June $3.5 billion in New Markets Tax Credit (NMTC) allocation to 76 entities […]