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Black-owned Firms Participate in Apple and Microsoft Bond Offerings

by Frederick H. Lowe Three African American-owned companies participated in multi-billion debt offerings by Apple Inc. and Microsoft Corp., and Rev. Jesse Jackson, Jr. of Operation PUSH in Chicago hailed the deals as breakthroughs for business diversity. The Williams Capital Group, LP, a New York City-based full-service investment firm that caters to institutional investors and corporate clients, participated in the[Read More…]

Don’t Take Away the Ladder to Success for Aspiring Minority Small Business Owners

  By Djenane Bartholomew Every day my husband and I make decisions that affect the lives of 450 people and their families. It’s a lot of responsibility but above all a labor of love. It is all part of being local franchise owners and living our American dream. The franchise model has been a gateway for millions of people over[Read More…]

African-American Assistance Needed to End Africa’s Last Colony

  By Linn Washington Jr. ALGIERS, ALGERIA—Keith Mokoape, a retired South African Army Major General, applauds African-Americans for their assistance in the bitter fight to end racist apartheid in his homeland. Mokoape now hopes that African-Americans will help end the festering sore surrounding the ‘Last Colony’ in Africa. The Western Sahara – an obscure country on the Northwest coast of[Read More…]

Brooklyn and Philadelphia DA’s Take Courageous Steps and Indict the Police

By Frederick H. Lowe The Brooklyn and Philadelphia District Attorneys, both African-American men, have gone where their white colleagues have feared or refused to go by indicting sworn police officers for misconduct and illegal shooting deaths of unarmed civilians. Ken Thompson, the Brooklyn or Kings County, N.Y., District Attorney, Wednesday announced a grand jury indictment of New York City Police[Read More…]

Jackie Robinson West Little League Team Is Stripped of Its Championship Titles

Team manager also suspended By Frederick H. Lowe Little League International announced Wednesday that it stripped the all-black Jackie Robinson West Little League Team of its championship titles for rule violations, which included placing players on the team who did not qualify because they lived outside the team’s geographic boundaries. The League also suspended Darold Butler, the team manager, from[Read More…]

McDonald’s Arches Are No Longer Golden for Black CEO Thompson

He retires after less than three years on the job By Frederick H. Lowe The Board of Directors of McDonald’s Corp., the world’s largest restaurant chain, announced on Wednesday that Don Thompson, the company’s president and chief executive officer, will retire March 1. Thompson, who was named CEO in July 2012, also announced that he also is retiring from McDonald’s[Read More…]

After 37 Years, a Man Is Released from Prison for a Crime He Did Not Commit

Another wrongful conviction and another instance of diminished economic opportunity By Frederick H. Lowe Joseph Sledge was a young man of 33 when he was sentenced to life in prison for a double murder he didn’t commit. Sledge was a 70 year-old senior citizen when he was released from prison on Friday after serving 37 years in prison for the[Read More…]

President Obama’s Ratings Are Up

President Barack Obama received a 50 percent job-approval rating, following his State of the Union address this month, but among African Americans, his ratings dropped three percentage points, according to a Gallup Politics survey. During his State of the Union address on Jan. 20th, President Obama delivered a populist message calling for free tuition at the nation’s junior colleges and[Read More…]

AME Church Leaders Cite Black Economic Empowerment as 2015 Goal

  By Hazel Trice-Edney (TriceEdneyWire.com) — When Dr. Martin Luther King Jr. was assassinated, he and other protestors had won passage of the Civil Rights Act of 1964 and the Voting Rights Act of 1965. Given these victories, his agenda had turned toward the next major issue —economic empowerment for black people. On April 3, 1968, planning a march on[Read More…]

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