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News about Black Owned Business:

    Facebook is making it easier for users to find Black-owned businesses on its platform. The new feature is part of the company’s ongoing initiative, announced in June, that aims to aid Black communities. Admins that manage a Facebook page for a Black-owned business will have the option to self-identify. There is no badge or label...
    CHICAGO (WLS) -- ABC 7, Chicago's Number One station for news, will present BLACK OWNED, a series of LIVE interviews spotlighting Chicagoland's diverse Black-owned business community the week of July13-17 on the station's 11 AM newscast. Anchor Terrell Brown will lead daily discussions with Black business owners representing businesses that include a theater group in...
    Facebook has created an option for Black-owned businesses to designate themselves as such on their Facebook and Instagram pages, the company announced today. Facebook will also amplify the reach of these Black-owned businesses and help drive traffic to their pages, according to a statement. Once a business self-identifies as Black-owned, diverse business category labeling won’t...
    Facebook founder and CEO Mark Zuckerberg.Chesnot | Getty Images Facebook announced Wednesday that it is launching initiatives to support Black entrepreneurs. It's dedicating $40 million from its $100 million small business grant program to 10,000 Black-owned businesses in the U.S. Grants include $2,500 in cash and a $1,500 Facebook ad credit. The company is...
    CHICAGO (WLS) -- This week, we are featuring different businesses in the Chicago area, owned and operated by men and women of color.Tuesday, we're talking popcorn and the Youtube video that made the business "pop."Popcorn World in Gary has been around since 2016. But a recent review online has pushed business to a whole new...
    CHICAGO (WLS) -- Our Black Owned series is back this week. We're featuring businesses all across the Chicago area owned by men and women of color.M & R Prescription Center started as a family business in 1980. It has stayed that way thanks to Pam and Malik Jones.The South Shore store is at 1959 East...
    BALTIMORE (WJZ) — A group showed up at a Baltimore snowball stand Saturday to show their support for the business after recent vandalism. Ice Queens opened a few months ago in Locust Point. Since it opened, owner Dasia Kabia said people have stolen property and torn down signs. Community Rallies Behind Black-Owned Baltimore Snowball Stand...
    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...
    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...
    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...
    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...
    “Nearly half of Black small businesses had been wiped out by the end of April,” Forbes reports off a report issued by the New York Fed. “Black-owned businesses were more than twice as likely to shutter as their white counterparts, the report found.” Between February and April of 2020, the number of active overall small...
    BALTIMORE (WJZ) — When a new snowball stand opened at Locust Point, some weren’t too happy — vandalizing and destroying property. The owner isn’t letting that get her down as the community rallies behind here. Ice Queens opened a few months ago and top of dealing with the pandemic, they’ve faced some push back from...
    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...
    (Photo by Spencer Platt/Getty Images) The coronavirus pandemic continues to disproportionately impact Black communities. Reports show since COVID-19 shut down the economy, Black entrepreneurs suffered the most. READ MORE : Harlem’s small Black businesses struggle amid pandemic According to Forbes, almost half of small operating Black-owned businesses had been forced to shut down by...
    Virginia Ali, co-owner of Ben's Chili Bowl, one of the many Black-owned businesses on Avenue U in Washington D.C., sits near photos of her and her husband Ben, on June 15, 2020. Numerous studies have shown that African-American entrepreneurs, particularly in the service sector such as restaurants, have suffered most severely from the economic and...
    VIDEO1:2801:28Retailers pledge 15% of shelf space to Black-owned businessesThe Path Forward In the days following the death of George Floyd, Brooklyn-based entrepreneur Aurora James was skeptical of the deluge of corporate support for the Black community. "As a Black woman, and also as a business owner, I was reading it, but I wasn't necessarily feeling...
    YUBA CITY (CBS13) — Yuba City police are investigating after a business’ Black Lives Matter signs were covered with blue paint and hidden under a ‘thin blue line’ flag someone stapled to their building. Police are investigating the act of vandalism as a possible hate crime. Samuel and Pamela Thompson own Porky’s Barbecue on Bridge...
    Black-owned businesses have been almost twice as likely to fail as businesses overall during the current pandemic, according to a study released Tuesday by the Federal Reserve Bank of New York. The study determined that a major reason for this was that Black-owned businesses are heavily concentrated in cities that have been hardest hit...
    Minority business owners remain more fearful of having to permanently shutter than their white counterparts due to Covid-19 and have reported less success in securing loans, according to a new poll by the U.S. Chamber of Commerce and MetLife. New research from the Federal Reserve Bank of New York also quantifies the disproportionate impact the...
    LOreal workers are worried they could lose their jobs if they dont return to the office How to Thaw Ground Beef So It Defrosts in Time for Dinner Black-owned businesses twice as likely to fail during pandemic Black-owned businesses have been almost twice as likely to fail as businesses overall during the current pandemic,...
    Opinion: Carmelo Anthony and Portland Trail Blazers have brought out the best in each other Teen forsaken as a baby helps senior dogs find home Coronavirus pandemic is closing Black-owned businesses at an outsized rate — but the next stimulus bill could help Though all small businesses have been battered during the coronavirus pandemic...
    By MARTIN CRUTSINGER, AP Economics Writer WASHINGTON (AP) — Black-owned businesses have been almost twice as likely to fail as businesses overall during the current pandemic, according to a study released Tuesday by the Federal Reserve Bank of New York The study determined that a major reason for this was that Black-owned businesses are heavily...
    WASHINGTON (AP) — Black-owned businesses have been almost twice as likely to fail as businesses overall during the current pandemic, according to a study released Tuesday by the Federal Reserve Bank of New York The study determined that a major reason for this was that Black-owned businesses are heavily concentrated in cities that have been...
    Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York City BY JONNELLE MARTE Black-owned U.S. businesses have failed at a disproportionately higher rate than those owned by whites during the coronavirus epidemic possibly because they were in poorer financial shape, less prepared to tap federal aid...
    Members of the Cuban community in Louisville, Kentucky, held a rally supporting a local immigrant-owned restaurant that was reportedly threatened by Black Lives Matter protesters. Dozens of rallygoers stood in the city’s NuLu district, which is known for its locally owned establishments, to push back against demands that businesses in the area hire more black...
    If you’re looking to show your support for local Black-owned businesses, Google may be able to help. Google is launching a new tool that allows businesses to identify themselves as Black-owned through the company’s Maps and Search listings and make it easier for customers to search for and support them, according to a report from...
    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...
    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...
    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...
    Google is launching a new tool that allows businesses to identify themselves as Black-owned through the company’s Maps and Search listings. The new feature is part of the company’s pledge announced last month to support the Black community with “initiatives and product ideas that support long-term solutions.” When searching for a business through Google.com...
    (CNN)Taylor Swift and her team are taking swift action after they were accused of copying the logo of a Black-owned business on merchandise for the album "folklore."Amira Rasool, founder of the online retailer The Folklore, accused the pop star last week of selling merchandise that ripped off the logo of her company, which sells apparel,...
    Musician Taylor Swift responded to a claim she stole the logo for her newly-released album “Folklore” from a black-owned business. Swift was accused July 24 by Amira Rasool, owner of a small business called “The Folklore.” Rasool shared her accusations on her Instagram account. Swift’s team responded with a statement Tuesday, according to “Good Morning...
    MINNEAPOLIS (WCCO) — The events surrounding the death of George Floyd inspired one North Minneapolis man to help his neighbors by bringing them something cool to drink. His compassionate heart has led him to start his own business, a black-owned bottled water company called Leanminnesota. WCCO’s Reg Chapman caught Leon Gresham on another day of...
    New York (CNN Business)R&B superstar Ciara wants her fans to do more to support Black-owned businesses that have been struggling to stay afloat through the coronavirus pandemic.The Grammy-winning singer, who gave birth to her third child on Thursday, is partnering with Discover on "Eat It Forward," an initiative that aims to award $5 million to...
    (Credit: Lakivia Sharkey) Treble And Flame Co. combines the hobbies and interests of a loving couple matching lush scents with curated playlists, igniting a double sensory experience. READ MORE: Bifties makes it easy to shop Black-owned for someone else “We met at the University of South Florida. We both went to school there. We...
    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...
    Igor Derysh July 23, 2020 2:45AM (UTC) The Trump administration's reliance on big banks to distribute small business aid under the Paycheck Protection Program and a lack of transparency requirements have resulted in many Black-owned businesses being shut out of the program. One bank, Wells Fargo, reported distributing only one PPP loan larger than...
    Daycares open as parents grapple with decision 5 Beloved Restaurants Debuting New Menu Items While Cutting Others Yelp searches for Black-owned businesses jumped 7,000% Black-owned businesses are experiencing a surge in demand following the recent Black Lives Matter protests after the deaths of several Black Americans at the hands of police, according to Yelp's...
    LEADING OFF: Opening day in DC, Dodger Stadium amid pandemic Baxter of California Releases New Deep Clean Shampoo for Men Support for Black-owned businesses has skyrocketed 7,000% this year Black-owned businesses are experiencing a surge in demand following the recent Black Lives Matter protests after the deaths of several Black Americans at the hands...
    CHICAGO (WLS) -- A North Kenwood business owner turned a crisis into a opportunity.Known for its catchy labeling, Chrishon Lampley is the founder of "Love Cork Screw Wines."Lampley started the business after a South Loop art gallery that she co-owned was flooded and she lost everything.She used her knowledge of the wine industry to launch...
    MIAMI (CBSMiami) — South Florida businesses have been hit hard by the coronavirus pandemic, but some harder than others. That is why a local law firm is offering free legal services, specifically to Black-owned businesses, a group being disproportionately affected by the pandemic. Semella Watson, founder and CEO of Sebiya, a travel management system and...
    MERRILLVILLE, Ind. (WLS) -- A Black clothing designer who almost gave up his business during the pandemic now has a reason to celebrate.RELATED: ABC7 Eyewitness News spotlights Black-owned businesses with live, week-long seriesRockablock Design is owned and operated by Rockland Page, a graphic designer in Merrillville, Indiana. As custom T-shirt orders for events dried up,...
    MERRILLVILLE, Ind. (WLS) -- A Black clothing designer who almost gave up his business during the pandemic now has a reason to celebrate.RELATED: ABC7 Eyewitness News spotlights Black-owned businesses with live, week-long seriesRockablock Design is owned and operated by Rockland Page, a graphic designer in Merrillville, Indiana. As custom T-shirt orders for events dried up,...
    Craft breweries are one of Denver’s signature industries, but for many people, they also are also a symbol of gentrification — of mostly white-owned companies moving into lower-income neighborhoods and pushing out the businesses or residents who were already there. That was something that Taylor Rees was acutely aware of when he and two partners...
    SOUTH HOLLAND, Ill. (WLS) -- Michele Hoskins has been making syrup in suburban South Holland for decades, but has recently seen a boom in business.RELATED: ABC7 Eyewitness News spotlights Black-owned businesses with live, week-long seriesHoskins said her small business had always been in the shadow of one of the largest brands in the syrup category,...
    Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York City CNN political analyst and White House correspondent April Ryan on Monday was joined by Black business owners to discuss the racial inequalities in the hospitality industry and how to create a more just business environment.  The...