The BFAA’s fight for nearly a decade has been to have the money already set aside to pay the additional class-action claims be actually paid to farmers and their heirs. Some have passed away over the past decade, waiting for redress. (Photo: iStockphoto / NNPA)
#NNPA BlackPress

‘Black Farmers’ gear up for legal fight after appeals court setback

NNPA NEWSWIRE — The descendants of Earnest Lee Boyland from Mason, Tenn. filed a lawsuit in the 1990s alleging that the USDA adhered to discriminatory policies against African-American farmers between the years of 1983 and 1997 when loans and other assistance programs were systematically denied to “black farmers.” […read more]

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Business

AmEx VP Mikeisha Anderson Jones on importance of workplace diversity

ROLLINGOUT — Mikeisha Anderson Jones has become a connoisseur of inclusion. She has studied and observed how diversity enhances and beautifies the corporate culture. There is empirical and hard data that proves authentic inclusion improves the bottom line of a corporation. Furthermore, inclusion raises morale in the workplace when all demographics are given authentic opportunities for upward mobility in the workplace. […read more]

Urban One Founder Cathy Hughes (left) with Urban One President and CEO Alfred Liggins III (Center) and Cleo TV “New Soul Kitchen” Star Chef Jernard Wells
#NNPA BlackPress

Comcast Formally Launches Afro and Cleo, Two New Black-Centric Networks

NNPA NEWSWIRE — “I’m excited that this is by us, for us and there’s going to be a lot of great content that reflects our lifestyle,” said Michelle Rice, the general manager at Cleo TV, who joined cast members from various Cleo TV shows, executives from Comcast Afro and others to celebrate the launch of the new channels at the Newseum on Thursday, March 14. […read more]

Photo: iStockphoto / NNPA
#NNPA BlackPress

COMMENTARY: Jobs Report Shows What ‘African Americans Have to Lose’ Under Trump

NNPA NEWSWIRE — William Spriggs, a chief economist at the AFL-CIO and professor in the department of Economics at Howard University said since reaching a low of 6 percent in November, the Black unemployment rate has climbed three straight months. “Given the relationship of the Black community to predatory sub-prime auto loans this is not good.” […read more]

Company CEO Alfred Liggins III is an equal partner in the journey of this black multimedia and entertainment enterprise.
#NNPA BlackPress

Alfred Liggins is the Other Half of Urban One’s Success Story

OMAHA STAR — “Look, my mother has an amazing story from where she came, and she’s always been more of a forefront person. A lot of people tend to think this woman built this company and she made her son the CEO, but they don’t realize how long I’ve been at the company and that it was really a joint effort. They tend to think it’s a traditional family business. But my mother is very good at giving me credit. She did it when we were in Omaha.” […read more]

The letter was signed by House Committee on Financial Services Chairwoman Maxine Waters, Judiciary Committee Chairman Jerrold Nadler, Committee on Oversight and Reform Chairman Elijah E. Cummings, Permanent Select Committee on Intelligence Chairman Adam B. Schiff, Committee on Ways and Means Chairman Richard E. Neal and Committee on Foreign Affairs Chairman Eliot L. Engel.
#NNPA BlackPress

Congressman Maxine Waters Calls on Consumer Bureau Director to Explain Anti-Consumer Actions

NNPA NEWSWIRE — “Mulvaney closed the Office of Young Consumers, stripped the Office of Fair Lending of its ability to enforce fair lending laws, cozied up to payday lenders, gave lenders a free pass to abuse active-duty servicemembers and their families, and fired the Consumer Bureau’s consumer advisory board. His mission was to dismantle the agency from within and he leaves behind no less than 12 political appointees who are continuing to cause damage.” […read more]

For many, the W.C. Handy Home & Museum had become synonymous with Elaine Turner and Heritage Tours, the operators since 1995. Now that tie has been severed. (Photos: Karanja A. Ajanaku)
#NNPA BlackPress

Heritage Tours told to vacate ‘Handy House’ after 24 years

THE NEW TRI-STATE-DEFENDER — Situated on the east end of the Beale Street Entertainment District, the house is where a young William Christopher Handy lived at the turn of the century. A letter from the Downtown Memphis Commission (DMC) informed Turner that the operating services of Heritage Tours would not be part of the Handy home’s future. Heritage had been the operator for 24 years. […read more]

The letter was signed by House Committee on Financial Services Chairwoman Maxine Waters, Judiciary Committee Chairman Jerrold Nadler, Committee on Oversight and Reform Chairman Elijah E. Cummings, Permanent Select Committee on Intelligence Chairman Adam B. Schiff, Committee on Ways and Means Chairman Richard E. Neal and Committee on Foreign Affairs Chairman Eliot L. Engel.
#NNPA BlackPress

Congresswoman Maxine Waters Holding Credit Bureaus Accountable and Repairing a Broken System

NNPA NEWSWIRE — “…To make matters worse, all three of the major consumer credit reporting bureaus have used this breach of consumer data and consumer trust to sell products they are marketing as identity theft protection. It certainly appears they are capitalizing on consumers’ fear and desperation, despite the fact that there are many free tools that consumers can use to protect their credit.” […read more]

Dr. Brooks will walk the Red Carpet on Saturday, March 30, in Los Angeles where she’ll find out if her nomination turns into a win at the 50th NAACP Image Awards.
#NNPA BlackPress

Dr. Sheila Brooks, Author and Emmy Award Winner, Nominated for NAACP Image Award

Dr. Sheila Brooks, the founder, president and CEO of SRB Communications, a full service Washington, D.C.-based advertising and marketing agency, has earned an Image Award nomination in Outstanding Literary Work as one of the authors, (along with Clint C. Wilson) of the new book, “Lucile H. Bluford and the Kansas City Call: Activist Voice for Social Justice.” […read more]

David Casey, the vice president of Workforce Strategies and Chief Diversity Officer at CVS Health
#NNPA BlackPress

CVS Officials Talk Project Health, Black Press at Rainbow Push Wall Street Conference

NNPA NEWSWIRE — David Casey, the vice president of Workforce Strategies and Chief Diversity Officer at CVS Health, joined other CVS Health representatives at Jesse Jackson’s Rainbow Push 22nd Annual Wall Street Project Economic Summit in New York where, among other things, care providers demonstrated the company’s pop-up health screenings – known as Project Health. […read more]

Mr. Alford is the Co-Founder, President and CEO of the National Black Chamber of Commerce. Ms. Debow is the Co-Founder, Executive Vice President of the organization.
Business

Providing Match Makers Throughout the Black Diaspora – Way Cool!

NNPA NEWSWIRE — One of the biggest thrills is the fact that we Afro Americans in the United States have so much in common with the Afro Americans of South and Central America. Our roots are Western Africa. Our passages to the new world are similar via the utmost horrific human bondage, rape, and atrocities history has recorded. Some of our DNA may be directly related for all that we know. But the separation by centuries cannot keep us apart here in the 21st century. […read more]

A relatively small component of the federal Tax Cuts and Jobs Act, passed in December of 2017, was the creation of Opportunity Zones in every state in the U.S., as well as in the District of Columbia and five U.S. territories. (Photo: iStockphoto / NNPA)
Business

The “Tax Cuts and Jobs Act” Creates Opportunity Zones to Spur Economic Development

NNPA NEWSWIRE — Opportunity Zones have the potential to address many of the country’s most vexing economic problems, notes Tami Bonnell, CEO of EXIT Realty International. “One in six Americans lives in an economically distressed community,” said Bonnell. “There is something wrong with the way we’re operating when we have that much poverty in the United States.” […read more]

A new and independent research report entitled, Driving Into Debt, found that the money now owed on cars is up 75 percent since the end of 2009, an all-time record. (Photo: iStockphoto / NNPA)
Business

Auto loan delinquencies climbed to $9 billion in 2018

NNPA NEWSWIRE — … in April of last year, Congress used the Congressional Review Act to nullify the Consumer Financial Protection Bureau’s (CFPB) auto finance guidance that held auto lenders responsible for discriminatory lending practices prohibited under the Equal Credit Protection Act. This distorted use of the Congressional Review Act, sometimes known as another CRA, was never intended to overturn long-standing agency practices. […read more]

FedEx Logistics is relocating to the Gibson Guitar Building, Gov. Bill Lee and local officials announced Tuesday at the former guitar factory off Beale Street.
#NNPA BlackPress

FedEx Powering Up Its Downtown Presence

NNPA NEWSWIRE — “FedEx Logistics will receive a PILOT from the city and county,” said Memphis Mayor Jim Strickland. “To meet the requirements, there is a required level of participation to include women and minority contractors, or they will not qualify. So, it is assured that there will definitely be minority contract participation.” […read more]

Business

OP-ED: Upholding Our Values and Standing Against Discrimination

NNPA NEWSWIRE — “I’m outraged that anyone at Toledo Transmission – or any facility – would ever face threats or discrimination. My heart goes out to anyone who was touched by this bigotry. This is not who we are. I and the entire leadership team at GM, condemn – in the strongest possible terms – any type of intimidating or intolerant behavior…” — Gerald Johnson, General Motors North America Vice President of Manufacturing & Labor […read more]

Over the next two to three years, according to Richardson, The HistoryMakers will focus on adding 150 additional interviews of noted African American business leaders to its collection – increasing its BusinessMakers category to 500. (Image of Ken Chenault, Black Enterprise / YouTube)
Business

PRESS ROOM: The HistoryMakers Kicks Off Black History Month on PBS with a One-On-One Interview Program: An Evening with Ken Chenault as part of its Groundbreaking Business Initiative

NNPA NEWSWIRE — “We’re excited to have produced the ‘must see’ program,” says Julieanna Richardson, Founder and President, The HistoryMakers. Having the opportunity to showcase the life and career of the most preeminent business leaders of our time – Ken Chenault presents a unique master class on corporate and civic leadership. […read more]

Kathy Kraninger, the Director of the Consumer Financial Protection Bureau (CFPB) announced the agency’s plan to repeal a rule aimed at stopping the payday lending debt trap. (Photo: iStockphoto / NNPA)
Business

CFPB Makes Move to Support Payday Lenders During Black History Month

NNPA NEWSWIRE — When given the chance at the ballot box, Americans overwhelmingly vote to impose a 36 percent or less rate cap. Today, 16 states and the District of Columbia have these rate caps in place, providing strong protection from payday loan sharks. In remaining states – those without a rate cap – interest rates run as high as 460 percent in California, over 400 percent in Illinois and 662 percent in Texas. […read more]

For those of you that already have an estate plan, the question is whether it is suited to the facts of your current personal and financial circumstances.
#NNPA BlackPress

“Resolve to Make or Update Your Estate Plan

PASADENA JOURNAL — Estate planning is not difficult. It is simply creating documents to let people know what you want to happen to you and your possessions when you can no longer express those wishes. For some people a handwritten will, beneficiary designations on accounts and filling in forms available at a legal stationery store may be sufficient. […read more]

Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, and Congressman Al Green (D-TX), Chairman of the Subcommittee on Oversight and Investigations, wrote to Consumer Financial Protection Bureau Director Kathy Kraninger (Photo: Wikimedia Commons)
Business

Representatives Waters and Green Request Documents from Consumer Bureau on Recent Settlements

NNPA NEWSWIRE — “The Consumer Financial Protection Bureau (“Consumer Bureau”) has recently announced several settlements against entities for engaging in unlawful practices without requiring the payment of redress to consumers harmed by the illegal conduct,” the lawmakers wrote. “This stands in stark contrast to the Consumer Bureau’s practice under the leadership of former Director Cordray. During Director Cordray’s tenure, the Consumer Bureau recovered nearly $12 billion in relief for harmed consumers over its first six years.[1] American consumers deserve a Consumer Bureau that will fight to recover their hard-earned money when they are cheated.” […read more]