GoBiz Overlooks Connecting With State Black Chamber

(CBM) – Last Tuesday, the California Assembly Committee on Jobs, Economic Development and the Economy held an oversight hearing on the Governor’s Office of Business and Economic Development, also known as GoBiz. According to the committee agenda, five years have passed since the office was created. Lawmakers were eager to hear progress. While many presenters […]

Landlords And Small Biz Push Sacramento for Legislation Against Lawsuit Abuse

SACRAMENTO (CBM) – Patricia Douglas, an African-American real estate business owner from Inglewood, came to Sacramento last week with over 200 other small business owners to urging lawmakers to offer them some relief from what they describe as lawsuit abuse. “I came to Sacramento to speak with members in the legislature to share what I […]

Blacks Locked out of CA Housing Market, Study Finds

(CBM) – In 2015, California had the third-lowest homeownership rate in the nation, according to the United States Census Bureau. More than 1.2 million Californians foreclosed on their homes during the Great Recession and until today are still experiencing the impact of those losses. The Inland Empire and Central Valley have been the slowest-recovering cities. […]

Wall Street Project Seeks to Close Opportunity Gaps in Business

(NNPA) – For Chicago-based investor and philanthropist John Rogers, the Rainbow PUSH Coalition’s annual Wall Street Project in New York City is a must-attend event. The three days of seminars and speeches in the Big Apple every winter is a chance for Rogers, the son of a Tuskegee Airman, and other African American businessmen and women […]

Why is gas so expensive in California? Taxes, regulations & possibly price gouging

SACRAMENTO, Calif. (AP) — Gouging by oil companies could be one reason California drivers pay about 76 cents more for a gallon of regular gas than motorists elsewhere in the nation, a state government panel was told Monday. Fuel experts and consumer advocates also told the Petroleum Market Advisory Committee that a high state gas […]

Toyota Wins Big at 1st Annual Diversity Volume Leadership Awards

(NNPA) – Toyota demonstrated their commitment to reach minority consumers, winning 10 out of 20 top honors during the Diversity Volume Leadership (DVL) Awards in Detroit, Mich., a few days before the North American International Auto Show opened to the public. The awards were determined based on new vehicle registration data collected from October 2014 […]

ROGER CALDWELL: U.S. Black Chamber Expands its Reach, Influence, and Voice in 2015

OPINION (NNPA) – Black business is growing and the Black community is not aware of its influence nationally and globally. Group economics and Black business is not discussed very often together in the Black community and this is the reason the Black community is suffering. According to 2015 Urban Institute report, Whites have 12 times […]

AUBRY STONE: Unfair Solar Policy Needs Review

OPINION – All across California’s African American communities, issues of equality and fairness should not only be thought of as civil rights issues, but also as economic issues. Every day, families and small businesses must bear the impact that poorly crafted policies or outright indifferences have had on their ability to economically thrive and succeed. […]

Health law reporting extension issued for employers

WASHINGTON (AP) — The Treasury Department on Monday gave employers an extension of critical reporting requirements, as it seeks to manage some of the most complicated parts of the federal health care law. Employers had previously faced deadlines in February and March to report 2015 health insurance information to their employees, and also to the […]

Volkswagen Apology Ads Ignore Black, Latino Media

(NNPA) – Still facing an uphill battle to regain its reputation as a trusted automobile manufacturer, Volkswagen has turned a blind-eye to consumers in the Black and Latino community. To some, it’s puzzling that the scandal-plagued automaker would ignore African-Americans, whom a Nielsen Company study revealed possess $1.1 trillion in collective buying power that’s expected […]