Black Enterprise - Money

Here Is A Listing of Black Banks in...

Here Is A Listing of Black Banks in the United States

Check out this list of black banks to deposit your next paycheck in an effort to build, cultivate, and empower African American communities.

The post Here Is A Listing of Black Banks in the United States appeared first on Black Enterprise.

Why Cryptocurrency Has A Place In H...

Why Cryptocurrency Has A Place In Hip-Hop

Cryptocurrency and blockchain technology is the future of finance. Just last year, Bitcoin commanded headlines when its stock rose from less than $1,000 a share to more than $17,000 a share. Six years before that, one Bitcoin was worth less than a dollar. Those with a true eye for opportunity are looking for ways to […]

The post Why Cryptocurrency Has A Place In Hip-Hop appeared first on Black Enterprise.

Four Disadvantages Causing the Raci...

Four Disadvantages Causing the Racial Wealth Gap

If you really want to understand the origins of the wealth gap and transform the state of black America, start looking at these four disadvantages that have prevented the growth of many communities.

The post Four Disadvantages Causing the Racial Wealth Gap appeared first on Black Enterprise.

Restaurant Owners, Community Leader...

Restaurant Owners, Community Leaders Push Back On Sarah Jessica Parker?s War On Tip Credit

Activists, community leaders, and restaurant owners on Thursday gathered at the front of SJP Collections in New York to as a voice of opposition against Sarah Jessica Parker support for ending the tipped wage credit, which they say threatens employees, restaurant owners.

The post Restaurant Owners, Community Leaders Push Back On Sarah Jessica Parker’s War On Tip Credit appeared first on Black Enterprise.

Why You Need Life Insurance for You...

Why You Need Life Insurance for Your Child

  Needless to say, it is very difficult to talk to people about getting life insurance for their children  I'm going to have to challenge you, however, to sit with those feelings and quiet your mind so that you can really listen to the reasons why you need life insurance for your child:

The post Why You Need Life Insurance for Your Child appeared first on Black Enterprise.

4 Essential Tips On How to Improve ...

4 Essential Tips On How to Improve Credit Scores In 2018

Your credit score can affect many important aspects of your life. But you have ways to boost that score. Here are four essential tips on how to improve credit scores this year.

The post 4 Essential Tips On How to Improve Credit Scores In 2018 appeared first on Black Enterprise.

Nassau Guardian

IMF projects 1.75% growth in 2017, ...

IMF projects 1.75% growth in 2017, 2.5% in 2018

The Executive Board of the International Monetary Fund (IMF) projected in its Article IV consultation with The Bahamas that this country's real GDP (gross domestic product) growth will pick up to 1.75 percent in 2017 and to 2.5 percent in 2018, driven in part by a strong U.S. economy, the phased opening of Baha Mar and related construction activity.

The IMF added that post-hurricane reconstruction following Hurricane Matthew last year and an uptick in foreign direct investment-financed projects, should also support The Bahamas' economic recovery. "However, medium-term growth would remain low, reflecting significant structural bottlenecks," the IMF executive board's opinion stated.

"Economic activity remained weak in 2016. Hurricane Matthew, which hit The Bahamas in October last year, significantly impacted tourism activity in 2016 and early 2017. However, completion of the mega-resort, Baha Mar, and post-hurricane reconstruction activity provided a boost to job creation, with the unemployment rate declining to 9.9 percent in May 2017 (down from 11.6 percent in November 2016).

"The opening of Baha Mar in April increased employment further by creating 2,000 new jobs in the three months to July. Inflation remains low and stable.

"Executive directors welcomed the expected pick-up in near?term growth, driven by a stronger U.S. economy and the phased opening of Baha Mar.

"However, they noted that the economy continues to face significant challenges, including from structural bottlenecks and rising public debt."

The IMF directors, however, were receptive to the government's promise of, and strong commitment to, fiscal discipline.

"Continued strong fiscal consolidation and monetary and financial sector policies, as well as deeper structural reforms are necessary to generate stronger growth, improve competitiveness, tackle unemployment and enhance resilience to natural disasters," the directors' consultation statement said.

The IMF, in the statement, "expressed solidarity" with The Bahamas and other countries that are grappling with the impacts of Hurricane Irma.

The IMF also warned against the Bank of The Bahamas (BOB) debacle getting out of hand. The IMF underscored that "finding a permanent solution for Bank of The Bahamas is necessary to reduce fiscal contingencies".

The bank recently shed some bad loans from its portfolio in an effort to improve its position on paper. The bank sold $166 million of toxic loans to a special purpose vehicle that will attempt to liquidate the assets.

Meantime, IMF directors "called for a faster resolution of nonperforming loans to strengthen financial stability and support economic recovery".

Building code one of the most ?stru...

Building code one of the most ?structurally sound and robust? in region, says Sands

President of the Bahamian Contractors? Association (BCA) Leonard Sands asserted that The Bahamas? building code is one of the most ?structurally sound and robust? codes in the Caribbean.

His comments came after Prime Minister Dr. Hubert Minnis asked Minister of Public Works Desmond Bannister to fully review The Bahamas? building code, lamenting that many homes as well as government buildings have not been built to code.

Minnis, in the wake of widespread destruction by Hurricane Irma in the southern Bahamas, has decided to tighten the country?s building code if need be, in order to ensure buildings will be able to withstand the destructive forces of Category 5 hurricanes.

Speaking with Guardian Business recently, Sands insisted that the country?s building code is ?rigid? and also set the standard for construction in other countries.

?It is no secret that after Hurricane Andrew, what happened in Miami-Dade County and other counties in Florida is they looked at The Bahamas? building code and adopted much of their residential and commercial wind load impact on what we already had in place,? he said.

However, Sands did acknowledge that the building code has room for improvement.

?The way that it could be improved is in the dynamics of how we use planning to direct not only our homeowners, but persons who have buildings,? he explained.

?For what is going to be built, I have full confidence in the structure and integrity of The Bahamas? building code, and engineers in this country (local/foreign) would agree we have a very fine building code to withstand hurricanes.

?I think, rather, the challenge we have is? how well thought-out the approach is to properly police and enforce the building code standards.

?You have to imagine, we are a centralized country; all of our resources really are in New Providence.

?It is almost impossible, without an army of inspectors or a regimented strict program, to ensure that every structure that is built adheres to this robust and firm building code.?

Sands agreed that Family Islands ?absolutely? do not get as much attention as New Providence or Grand Bahama in terms of inspecting adherence to the building code.

IMF recommends lower wage bill, sel...

IMF recommends lower wage bill, self-sustaining public corporations

The International Monetary Fund (IMF) Executive Board, in its consultation with The Bahamas, recommended the country, as a top priority, restore fiscal sustainability by cutting current expenditures. The government's wage bill was a top focus for the organization, as well as making public corporations self-sustaining, which has been a continuing issue for the government of The Bahamas.

The IMF, in a summary paper released last week, lauded the government's move to tighten up on government spending and waste. In its latest executive board paper, the IMF encouraged the government to ?adhere to their fiscal consolidation plan to reduce the public debt burden and strengthen external buffers".

It also underscored that ?reforming the National Insurance Board and the civil servants? pension system should support fiscal adjustment and reduce long?term fiscal risks?.

The statement added, "Directors commended the authorities? efforts to strengthen fiscal revenues."

The IMF continued with its suggestion that The Bahamas introduce a low rate income tax over the medium?term. The organization insists this would "help make the system more progressive and protect the needed infrastructure and social spending".

However, Minister of Finance and Deputy Prime Minister Peter Turnquest said the government had no plan to introduce a new tax in The Bahamas, but would look at the IMF's suggestion. He said the government was under no obligation to adhere to the IMF?s suggestions.

IMF directors cautioned the government against introducing exemptions from value-added tax (VAT) and "instead recommended taking advantage of the planned expenditure review to create space for better targeted tools to protect vulnerable households".

Since coming to power in May, the government has taken a strong stance for the improved collection of taxes with a focus on efficiency and reform. It is likely the government will continue to place its focus on VAT collection.

"Directors noted that adopting a fiscal rule, as part of a medium?term fiscal framework, should enhance fiscal discipline," the IMF Executive Board stated.

"To further strengthen fiscal and economic resilience, directors also recommended integrating into the fiscal framework a well?designed savings arrangement as an additional buffer against recurring natural disaster shocks."

Moree: Need to rationalize current...

Moree: Need to rationalize current tax regime before new tax

Senior Partner at McKinney Bancroft & Hughes Brian Moree indicated that there is still a lot of work to be done with The Bahamas? current tax regime before considering a new tax such as an income tax.

Moree?s comments were in response to the International Monetary Fund?s (IMF) suggestion that The Bahamas implement a low rate income tax in an effort to ?strengthen revenue?. The IMF suggested that The Bahamas implement the system while reducing import duties.

Speaking with Guardian Business yesterday, Moree said he thinks it would be ?premature? for the government to contemplate the introduction of a new major tax ?on the backs of the Bahamian people?.

Moree pointed out that value-added tax (VAT) was introduced in 2015, and there is still a significant regime of import duties and other indirect methods of taxation, such as business license tax.

?Before we introduce any new form of tax, it seems to me that we need to rationalize the current tax regime in The Bahamas,? he explained.

?We need to avoid duplication, and we need to ensure that the burden of taxation is not so great as to drive people out of The Bahamas or make it extremely difficult for business to survive.

?I think a major part of any review of our tax structure does have to include looking at a greater reference to existing collection of taxes and introducing creating transparency in terms of how our tax dollars are spent and where our tax dollars are going.

?If you are going to ask Bahamians to pay more taxes, then you are going to have to deliver services, and you have to deliver them in a more efficient way, and you have to be more transparent about how the tax dollars are being used.

?I think there is a long way to go before we start looking at introducing new forms of taxation, whether it be an income tax or any form of tax.?

Moree also insisted that a careful study should be given to the competitive advantages that The Bahamas has to offer as a financial jurisdiction.

?We don?t have three kinds of taxation which exist in many other countries, and those three are income tax, capital gains tax and inheritance tax,? he continued.

?As we try to expand and develop our financial services industry and we try to bring FDI (foreign direct investment) into our country, the government will have to be very confident that by substantially revamping the tax landscape and doing something as major as income tax, that it would not compromise our business model as a jurisdiction and thereby diminish the major competitive advantage in what is a very competitive marketplace.?

BTC launches national text-to-donat...

BTC launches national text-to-donate campaign

Bahamas Telecommunications Company (BTC) will launch a national text-to-donate campaign drive, allowing all Bahamians to participate in fundraising efforts to assist those most affected by Hurricane Irma.

The campaign, themed ?Each One, Reach One?, will allow customers to make a donation to the relief efforts. The process is simple, and customers can give $1.00 by texting the word ?DONATE? to the number ?5115?. Customers can donate as many times as they wish.

Proceeds will go to the National Emergency Management Agency (NEMA). Interim CEO Dexter Cartwright said, ?BTC is known to be a big brother in the community, and we are always willing to help wherever we can. Starting tomorrow, our entire customer base will be able to make a donation to assist those in need. BTC will match every dollar donated and all proceeds will go to NEMA to assist our fellow Bahamians most impacted by Hurricane Irma.?

In BTC?s last text-to-donate drive in 2015, the public contributed nearly $10,000. In turn, BTC, along with its partners, tripled the amount, donating $30,000 to disaster recovery efforts following Hurricane Joaquin. In addition to this initiative, BTC is also working with community partners throughout the country to organize other relief efforts and initiatives.

The Each One Reach One donation drive will end on September 30.

 

IMF: Commercial banks capitalized, ...

IMF: Commercial banks capitalized, still reluctant to lend

Commercial banks in The Bahamas are ?reluctant? to lend, given The Bahamas? low growth environment, despite those banks being well capitalized, the International Monetary Fund (IMF) pointed out Wednesday.

In its ?Staff Concluding Statement of the 2017 Article IV Mission?, the IMF states that The Bahamas has struggled with a stagnant economy since 2012.

However, under these conditions, commercial banks are still able to remain liquid. But with no economic growth, banks have tightened their lending policies.

?As of March 2017, the average capital adequacy ratio stood at 27.8 percent, well above the regulatory requirement of 17 percent, and liquid assets represented 25.6 percent of total assets,? said the IMF.

?Non performing loans (NPLs) declined to 11.1 percent of total private sector loans, down from 14.2 percent in 2015, due mainly to a large disposal of distressed mortgage debt by one institution.

?However, Bank of The Bahamas, a majority state-owned commercial bank, continued to face losses, triggering a new recapitalization by the government in late 2016.

?Despite ample capital and liquidity for the sector as a whole, the stock of commercial bank credit to the private sector has remained flat.

?The loss of correspondent banking relationships (CBR) has not resulted in major disruptions so far.?

IMF noted that strong compliance with anti-money laundering and combating the financing of terrorism (AML/CFT) and tax transparency standards ?should help stem the withdrawal of CBR?.

?It is critical to work closely with the Caribbean Financial Action Task Force (CFATF) and the Financial Action Task Force (FATF) to swiftly address the deficiencies in the AML/CFT regime identified in the recent Mutual Evaluation Report (MER),? the IMF added.

?Heightened global focus on tax transparency also calls for efforts to promptly comply with international standards (such as the OECD?s Common Reporting Standard).?

The IMF also asserted the need for banks to ?step-up? loan restructuring efforts in an effort to improve financial stability and ?support economic recovery?.

?An intensification of the restructuring of distressed mortgage debt, including through increased enrollment in the government?s mortgage relief program, should free up additional balance sheet space to support the economic recovery,? the IMF explained.

?Restructuring Bank of The Bahamas is necessary to strengthen its profitability, enhance financial stability and reduce fiscal contingencies.?

Afribiz

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NY Times

Thermostats, Locks and Lights: Digi...

Thermostats, Locks and Lights: Digital Tools of Domestic Abuse

Internet-connected home devices that are marketed as the newest conveniences are also being used to harass, monitor and control.
Amazon, the Brand Buster

Amazon, the Brand Buster

Amazon has introduced dozens of private label goods in the past year, and is using the power of its global marketplace to steer shoppers to its own products.
Saudis, Saying They Heard Price Com...

Saudis, Saying They Heard Price Complaints, Are Raising Oil Production

Khalid al-Falih, the Saudi energy minister, said that his country had capacity to spare and needed to be mindful of its customers? interests.
Meat Wrapped in Meat. Doughnut Sand...

Meat Wrapped in Meat. Doughnut Sandwiches. Want Some of Fast Food?s Big Ideas?

With Chipotle trying its hand at new products, we offer a sampling of some of the more outrageous attempts at menu innovation by restaurant chains.
What a Trade War With China Looks L...

What a Trade War With China Looks Like on the Front Lines

How trade disputes play out will vary depending on the product and how hard it is to find a workaround. But tariffs on more countries mean more economic risk.
Companies Get First Tariff Waivers,...

Companies Get First Tariff Waivers, but Many More Are Left in Limbo

The Trump administration has begun granting a handful of exclusions from its steel and aluminum tariffs, but the slow, opaque process still has nearly 20,000 applications waiting.

Trinidad Guardian

There are no news from this channel.

IMF

Structural Forces Weigh on Future U...

Structural Forces Weigh on Future U.S. Growth

While the U.S. economy is doing well, continued solid growth hinges on addressing long-term issues of falling labor force participation, weak productivity, rising income polarization, and high poverty rates, the IMF said in its annual review on the state of the U.S. economy.
Euro Area At The Crossroads: No Tim...

Euro Area At The Crossroads: No Time For Complacency

Recovery in the euro area has strengthened, but the medium-term outlook remains weak and is endangered by lack of collective action, says the IMF in its latest review of the currency union.
South Africa: Latest Outlook Shows ...

South Africa: Latest Outlook Shows Urgent Need for Policy Reforms

South Africa faces significant challenges and needs decisive action to revive growth, the IMF said in its latest annual assessment of the country?s economy.
Poland: Strong Institutions a Must ...

Poland: Strong Institutions a Must For Steady Growth

Poland has been growing steadily over the past years. However, some policies of the new government have dented investor sentiment and could slow down growth, according to the IMF.
Globally Important German Financial...

Globally Important German Financial System is Resilient

The financial system of Germany, home to systemically important financial institutions, has been bolstered by EU-wide and global reforms in the financial sector. At the same time, low interest rates and the ongoing transition to new supervisory and resolution mechanisms may pose risks, according to the IMF.
A Blueprint for Portugal?s Future G...

A Blueprint for Portugal?s Future Growth

Portugal has bounced back from the global economic crisis, but to keep up momentum it will need to carry out additional reforms aimed at boosting growth, generating jobs, and improving competitiveness, according to a new IMF publication on the country?s economy.

Black America Web - Business

The things they saved, 10 years aft...

The things they saved, 10 years after the Virginia Tech shooting

In the decade that has passed since 32 people were fatally shot at Virginia Tech, much has changed for those who were on campus that day or were pulled there by the bloodshed. But the emotional keepsakes from that April morning remain to serve as reminders of sorrow, generosity and heroism.
People across the U.S. demanded to ...

People across the U.S. demanded to see Trump?s tax returns. A day later, he wants to know why.

?I did what was an almost an impossible thing to do for a Republican ? easily won the Electoral College! Now Tax Returns are brought up again?? the president tweeted. He also called for someone to ?look into? the rally organizers: ?The election is over!?
After Trump solicits advice, busine...

After Trump solicits advice, businesses target EPA, Labor Dept. regulations

The president invited American manufacturers to recommend ways the government could cut regulations and make it easier for companies to get their projects approved. Industry leaders responded with scores of suggestions to remove more than 150 regulations that paint the clearest picture yet of the dramatic series of steps that Trump officials are likely to take in overhauling federal policies.
Turkey leader declares victory in v...

Turkey leader declares victory in vote to expand his powers, but results are contested

If the referendum vote stands, President Recep Tayyip Erdogan would gain vast new authority as the unrivaled head of state. Opposition parties quickly demanded recounts of hundreds of thousands of ballots.
As tensions with North Korea flare,...

As tensions with North Korea flare, Trump spends a quiet weekend at Mar-a-Lago

The president was uncharacteristically quiet after North Korea?s latest failed missile launch, leaving it to his team of deputies, as well as Vice President Pence to articulate the administration?s policy toward the totalitarian regime.
Aide: Pence will discuss ?belligere...

Aide: Pence will discuss ?belligerency of North Korea? at every stop of Asia tour

BBC

East Coast train line back under pu...

East Coast train line back under public control

The government will run the service until a new public-private partnership is appointed in 2020.
BMW joins Airbus in Brexit warning

BMW joins Airbus in Brexit warning

BMW warns ministers on Brexit after Airbus says it could be forced to leave the UK if there is no transition deal with the EU.
Saudi Arabia job growth likely as w...

Saudi Arabia job growth likely as woman driver ban ends

The Gulf kingdom will finally grant driving licences to women, but what will it mean for the economy?
How the Audi boss was finally emitt...

How the Audi boss was finally emitted

Rupert Stadler, the boss of Volkswagen-owned Audi is being held in jail, finally engulfed by the emissions scandal that rocked the automotive giant in 2015
House prices tumble in seaside hot ...

House prices tumble in seaside hot spots

The cost of buying a home in Sandbanks and Salcombe has fallen over the last year, research suggests.
German car shares dip on Trump tari...

German car shares dip on Trump tariff tweet

The US president intensifies trade war with threat of a 20% tax on European cars.

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Humana: CarePlus Health Plans, Vete...

Humana: CarePlus Health Plans, Veterans of Foreign Wars (VFW) Join Forces to Focus on Florida Veterans

CarePlus has served the Medicare population in Florida for more than 17 years. Headquartered in Miami, the company serves about 115,000 Medicare Advantage members across the state.

White Officer Called Black Police C...

White Officer Called Black Police Chief N-Word, Threatened to Beat Her to 'Death With a Banana'

Despite proof of a series of racist and threatening Facebook posts against Tiffany Tims, an Ohio officer hasn't been fired.

Monsanto Company Chairman, Chief Ex...

Monsanto Company Chairman, Chief Executive Officer Hugh Grant Announces Intent to Leave Monsanto Upon Closing of Bayer Acquisition

Over his 35-year tenure with the company, he has worked for Monsanto on three continents, managing key elements of the global business and helping to diversify the company's products and solutions for growers.

PwC Receives Three SAP Awards for P...

PwC Receives Three SAP Awards for Partner Commitment and Innovation

The award recognizes PwC for its contribution to a customer's digital business transformation that has resulted in significant business impact.

Sodexo: Understanding the Value of ...

Sodexo: Understanding the Value of Veterans in the Workplace

Given the nature of missions, projects and experiences that they are have been exposed to, veterans possess key transferable skill sets and competencies that every organization can utilize.

Trinidad Express

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Reuters - Economy

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Jamaica Observer

Companies Office of Jamaica to set ...

Companies Office of Jamaica to set up more kiosks

THE Companies Office of Jamaica (COJ) will be placing additional kiosks across the island to improve service to its customers.Speaking at a JIS Think Tank on June 20, Chief Executive Officer (CEO) Judith Ramlogan said this is part of the company's continued efforts to facilitate new businesses and customers.
Japan worker's pay docked for takin...

Japan worker's pay docked for taking lunch 3 mins early

TOKYO, Japan (AFP) — A Japanese city official has been reprimanded and fined for repeatedly leaving his desk during work hours — but only for around three minutes to buy lunch.The official, who works at the waterworks bureau in the western city of Kobe, began his designated lunch break early 26 times over the space of seven months, according to a city spokesman.
Sandals consumes whopping 5 million...

Sandals consumes whopping 5 million pounds of local farm produce yearly

While Industry, Commerce, Agriculture and Fisheries Minister Audley Shaw was correct in urging greater use of local farm produce by the hotel sector to avoid market gluts, he overlooked those who were already well on board that train.
Rum direct from sugar cane can boos...

Rum direct from sugar cane can boost industry

Experiments undertaken by National Rums of Jamaica (NRJ) to distil their rum directly from sugar cane juice, if successful, could result in increased jobs for local farmers and agricultural workers, while reviving the island's declining sugar industry.
Blue Power protects Guyanese market...

Blue Power protects Guyanese market from Dominican competition

Soap manufacturing company Blue Power has beefed up supplies in the Guyanese market, in addition to securing a contract with a Florida-based distributor as part of efforts to protect its revenue stream from unfavourable variances that could occur with the reopening of Dominica Coconut Products.
Cuba slightly loosens controls on s...

Cuba slightly loosens controls on state media

HAVANA, Cuba (AP) — Minutes after a plane carrying 113 people crashed on takeoff from Havana airport, Cuban state media filled with minute-by-minute updates, cellphone video from the accident and an interview from the scene with newly named President Miguel Diaz-Canel.

Black Enterprise - Small Business

Sundial CEO: 3 Steps to Taking Your...

Sundial CEO: 3 Steps to Taking Your Business from Mom-and-Pop to the Big Leagues

In an exclusive interview with Black Enterprise, the Sundial CEO shares three vital steps for…
50 Emerging Leaders in Innovation H...

50 Emerging Leaders in Innovation Head to China

Young, diverse American leaders in the innovation economy will meet with 50 of their Chinese…
Will Generation Z Be the Most Entre...

Will Generation Z Be the Most Entrepreneurial Generation Yet?

A new study on millennials and Generation Z shows they have the mindset of an…
Small Business Owners Plan to Hire ...

Small Business Owners Plan to Hire More and Add New Products in 2018

Business PracticesSome 90% of small businesses intend to hire one to two people in 2018, a…
Houston Mayor, Others, Help Provide...

Houston Mayor, Others, Help Provide Additional $28.9 Million to Hurricane Harvey Victims

Continuing efforts to help victims hit hard by the massive storm, the Hurricane Harvey Relief…
Founder of Jamaican Black Castor Oi...

Founder of Jamaican Black Castor Oil Talks Success and Loss

Castor OilLois Hines, the founder of Tropic Isle Living Jamaican Black Castor Oil, opens up about…

NY Times - Small Business

Bags of Cash and Stealthy Deliverie...

Bags of Cash and Stealthy Deliveries: How Pot Start-Ups Pay Taxes

Marijuana sales are now legal in 30 states. But the federal government has not made it easy for the owners of those businesses to pay their taxes.
Like a Tattoo, This Wedding Favor I...

Like a Tattoo, This Wedding Favor Is Forever

?There were some people who were too drunk to get tattoos,? said one bride. So, a groomsman became an informal ink bouncer. Others have been ?just drunk enough to concede.?
Some Said They?d Flee Trump?s Ameri...

Some Said They?d Flee Trump?s America. These People Actually Did.

Like modern-day von Trapps, minus the singing, families are climbing mountains and fording streams with nothing but backpacks and a Wi-Fi connection.
The Dress Doctor Is In

The Dress Doctor Is In

Dawnn Karen of the Fashion Institute of Technology is a leader in the growing field of fashion psychology ? or why we want what we think we want.
These Triplet Models Want to Take T...

These Triplet Models Want to Take This Town by the Throat

Arianna Levesque is the stylist and designer; Andrea the photographer; and Athena the actress. But they always market themselves as one.
Entrepreneurship: Bringing a Person...

Entrepreneurship: Bringing a Personal Touch to Plus-Size Fashion

Spurred by an underserved market, entrepreneurs are offering personalized service to women seeking stylish clothing in larger sizes.

Black Enterprise - Career

Reflecting on Barack Obama?s Accomp...

Reflecting on Barack Obama?s Accomplishments in Tumultuous Times

A comprehensive Barack Obama accomplishment rundown listing of his programs and policies designed to improve the lives of Americans including African Americans.

The post Reflecting on Barack Obama’s Accomplishments in Tumultuous Times appeared first on Black Enterprise.

8 Best Job Searching and Career Web...

8 Best Job Searching and Career Websites for People of Color

We've rounded up a few inspirational and resourceful platforms for people of color. Here are some of the best sites for job searching and career advancement for people of color.

The post 8 Best Job Searching and Career Websites for People of Color appeared first on Black Enterprise.

Mellody Hobson Delivers Keynote at ...

Mellody Hobson Delivers Keynote at Morningstar Investment Conference in Chicago

Mellody Hobson's trailblazing accomplishments over the past few months have given women all over the world a new level of confidence. It's no surprise that Morningstar, a leading independent investment research firm asked Hobson to deliver the luncheon keynote at the 2018 Morningstar Investment Conference.

The post Mellody Hobson Delivers Keynote at Morningstar Investment Conference in Chicago appeared first on Black Enterprise.

[Breaking] San Francisco Now Has It...

[Breaking] San Francisco Now Has Its First Black Woman Mayor

London Breed claimed victory after her opponent, Mark Leno, a former California state senator, conceded in a tight election race. Breed and Leno battled for the position after the untimely death of San Francisco mayor Ed Lee, who died from a heart attack in December 2017. 

The post [Breaking] San Francisco Now Has Its First Black Woman Mayor appeared first on Black Enterprise.

Jason McNary Selected as First Blac...

Jason McNary Selected as First Black CEO of Madrid-Based Jewelry Brand

UNOde50, a Madrid-born jewelry line, is growing its brand worldwide and has selected Jason McNary to oversee efforts in its North American market. McNary has an extensive background in leadership in the retail industry, which includes formerly holding the position of President of agnès b. 

The post Jason McNary Selected as First Black CEO of Madrid-Based Jewelry Brand appeared first on Black Enterprise.

Chavon Sutton To Lead NYC Bureau of...

Chavon Sutton To Lead NYC Bureau of Asset Management?s Diversity and Inclusion Efforts

Chavon Sutton will step into a newly created role as the Director of Diversity and Inclusion within New York City?s Bureau of Asset Management (BAM) where she will support all of the agency?s efforts to expand engagement with and utilization of Minority and Women-owned Business Enterprises (MWBE) and emerging manager firms for the New York City pension funds.

The post Chavon Sutton To Lead NYC Bureau of Asset Management’s Diversity and Inclusion Efforts appeared first on Black Enterprise.

NY Times

Thermostats, Locks and Lights: Digi...

Thermostats, Locks and Lights: Digital Tools of Domestic Abuse

Internet-connected home devices that are marketed as the newest conveniences are also being used to harass, monitor and control.
Amazon, the Brand Buster

Amazon, the Brand Buster

Amazon has introduced dozens of private label goods in the past year, and is using the power of its global marketplace to steer shoppers to its own products.
Saudis, Saying They Heard Price Com...

Saudis, Saying They Heard Price Complaints, Are Raising Oil Production

Khalid al-Falih, the Saudi energy minister, said that his country had capacity to spare and needed to be mindful of its customers? interests.
Meat Wrapped in Meat. Doughnut Sand...

Meat Wrapped in Meat. Doughnut Sandwiches. Want Some of Fast Food?s Big Ideas?

With Chipotle trying its hand at new products, we offer a sampling of some of the more outrageous attempts at menu innovation by restaurant chains.
What a Trade War With China Looks L...

What a Trade War With China Looks Like on the Front Lines

How trade disputes play out will vary depending on the product and how hard it is to find a workaround. But tariffs on more countries mean more economic risk.
Companies Get First Tariff Waivers,...

Companies Get First Tariff Waivers, but Many More Are Left in Limbo

The Trump administration has begun granting a handful of exclusions from its steel and aluminum tariffs, but the slow, opaque process still has nearly 20,000 applications waiting.

BBC - Video

How British is a Mini?

How British is a Mini?

When it comes to symbols of British manufacturing, it doesn't get more iconic than this - but how British is the Mini?
What are tariffs and how do they af...

What are tariffs and how do they affect us?

As a trade war becomes an increasing risk, how do governments use tariffs in international commerce?
How to shop in Birmingham's plastic...

How to shop in Birmingham's plastic-free supermarket

Reusable bags, bottles and containers are the key to success for these buyers in Birmingham.
Are we in for a beer shortage this ...

Are we in for a beer shortage this summer?

Why beer, fizzy drinks and meat could be in short supply this summer in the UK.
The personal stylists helping out-o...

The personal stylists helping out-of-work women

Smart Works charity offers styling and interview coaching for women who are struggling to find work.
The true cost of a dream Ugandan we...

The true cost of a dream Ugandan wedding

The desire for the perfect day has led to a boom in Uganda?s wedding industry - but these events come at a cost.

CNN

The health care industry needs work...

The health care industry needs workers. So it's turning to former factory and retail workers

Read full story for latest details.
Xiaomi wants to raise over $6 billi...

Xiaomi wants to raise over $6 billion in Hong Kong IPO

One of the world's leading smartphone makers is aiming for the biggest stock market listing in nearly two years.
Toyota updates the Century, car of ...

Toyota updates the Century, car of choice for Japan's elites

The newest generation of the Toyota Century marks the first major update to the car in more than two decades.
What's behind Tom Arnold's bizarre ...

What's behind Tom Arnold's bizarre anti-Trump media blitz

Tom Arnold is a dedicated Trump critic. So eyebrows were raised when he tweeted a picture of himself with Michael Cohen on Thursday night.
Apple promises free repairs for fau...

Apple promises free repairs for faulty MacBook keyboards

Apple's so-called butterfly keyboards have long been the subject of criticism. Now the company is offering free repairs.
'Jurassic World' sequel has big ope...

'Jurassic World' sequel has big opening day amid a surging box office

The year's box office profits are up 6% from this time last year, thanks in part to some record-smashing superhero hits.

Reuters

EU to respond to any U.S. auto tari...

EU to respond to any U.S. auto tariff move: report

PARIS (Reuters) - The European Union will respond to any U.S. move to raise tariffs on cars made in the bloc, a senior European Commission official said, the latest comments in an escalating trade row.
Fox spirits and demons: China's tec...

Fox spirits and demons: China's tech giants splash out in cartoon arms race

HANGZHOU, China (Reuters) - Growing up in the Chinese port city of Dalian in the 1990s, Zhang Hongchang spent hours immersed in Japanese cartoons like Dragon Ball and Naruto.
Xiaomi puts indefinite delay on CDR...

Xiaomi puts indefinite delay on CDRs in blow to China's plans for tech listings

HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Corp said on Saturday there is no time frame for a mainland share offering, casting doubt on Beijing's efforts to lure foreign-listed Chinese tech giants back home.
Harley says EU duties could prompt ...

Harley says EU duties could prompt price hikes

FRANKFURT (Reuters) - Harley-Davidson Inc could be forced to raise prices in Europe due to EU tariffs on U.S. goods, hitting buyers of new motorcycle models when they are shipped to dealers later in the year, the head of its central European business said.
China's ZTE expected to take last s...

China's ZTE expected to take last step to lift ban: U.S. official

(Reuters) - ZTE Corp is expected to deposit $400 million in an escrow account in a U.S. bank in the "next couple of days," the last step the Chinese company must take before a ban on U.S. suppliers can be lifted, a U.S. Department of Commerce official told Reuters on Friday.
Wall Street Week Ahead: Supercharge...

Wall Street Week Ahead: Supercharged telecom sector could become investor favorite

SAN FRANCISCO (Reuters) - An overhauled telecommunications sector featuring most of the so-called FANG stocks could debut as Wall Street's hottest bet when it kicks off in September, boosted by a rising wave of media and television acquisitions.

NY Times - Economy

As Housing Prices Soar, New Zealand...

As Housing Prices Soar, New Zealand Tackles a Surge in Homelessness

The new center-left government is promising to address the problem, which one study found to be among the worst in the developed world.
Greece Prepares to Stagger Back Fro...

Greece Prepares to Stagger Back From Debt Crisis, the End of Bailouts in Sight

European leaders agreed to a plan that would finally take Athens off financial life support, effectively declaring an end to a crisis that nearly wrecked the euro.
Europe Retaliates Against Trump Tar...

Europe Retaliates Against Trump Tariffs

The European counterattack, a response to U.S. measures on steel and aluminum, adds another front to a trade war that has engulfed allies and adversaries around the world.
Trump?s Ace in the Hole in Trade Wa...

Trump?s Ace in the Hole in Trade War: A Strong Economy

Accelerating growth has given the administration more leverage over trading partners. But economists warn of potential headwinds beyond this year.
State of the Art: How Tech Companie...

State of the Art: How Tech Companies Conquered America?s Cities

Elon Musk is drilling tunnels, electric scooters command the sidewalks, and Amazon is throwing its weight around in Seattle. Welcome to the technocapitalist metropolis of the future.
As Greece Ends a Decade of Bailouts...

As Greece Ends a Decade of Bailouts, Problems Linger for Europe

European officials are eager to paint Greece as a comeback story. But troubles in nearby Italy show that the euro?s issues have not been laid to rest.

Wall Stree Journal

Intel CEO Challenge: Pick From Thin...

Intel CEO Challenge: Pick From Thin Bench, or Look Outside

Brian Krzanich?s resignation this week leaves Intel?s board with a tough choice: Name the next CEO from a small pool of internal candidates, or go outside for the first time in the chip maker?s 50-year history.
Big Media Firms Pay CEOs More for L...

Big Media Firms Pay CEOs More for Less

Chief executives in the media and telecom industries made twice as much as their peers in the S&P 500 even though the group?s performance came up short.
Shari Redstone's Path to Power

Shari Redstone's Path to Power

How heiress Shari Redstone overcame a falling out with her father to become the most significant female media owner in America.
The Second Wave of Luxury Electric ...

The Second Wave of Luxury Electric Cars

Old guard auto makers are mounting a challenge to Tesla with their own premium electric vehicles.
Police: Operator in Self-Driving Ub...

Police: Operator in Self-Driving Uber Crash Was Streaming 'The Voice'

The test operator of a self-driving Uber car that hit and killed a pedestrian in Arizona last March was streaming the TV show ?The Voice? on her phone just before the collision, police say.
Trump Threatens 20% Tariff on Europ...

Trump Threatens 20% Tariff on European Cars

President Trump threatened tariffs on European Union-made cars, citing barriers to American exports and the need for incentives to move production to the U.S.

NY Times - Money

Obama-Era Investor Protection Rule ...

Obama-Era Investor Protection Rule Is Dead

A federal appeals court dealt a final blow to a Labor Department rule that required financial professionals to act in their customers? best interest.
Your Money Adviser: Consumer Group ...

Your Money Adviser: Consumer Group Sees a Rise in People Checking Credit Scores

The head of the Consumer Federation of America said the increase was encouraging because those who check their scores know more about how the scores work.
Wealth Matters: Four Tips on How to...

Wealth Matters: Four Tips on How to Rescue a Bankrupt Business

Buying a business out of bankruptcy might seem like a good deal, but it comes with risks. Heed this advice from others who invest in distressed assets.
How a Few People Took Equifax to Sm...

How a Few People Took Equifax to Small Claims Court Over Its Data Breach and Won

After 145 million Americans? financial information was exposed last year, some of them won cases against the credit reporting agency in local courts.
Your Money Adviser: Hurricane Seaso...

Your Money Adviser: Hurricane Season Has Begun. Do You Need Flood Insurance?

The federal program is about to lapse. But consumer advocates are urging homeowners to get the coverage.
Wealth Matters: A Guiding Hand From...

Wealth Matters: A Guiding Hand From College to Not Just a Job, but a Career

New businesses are cropping up to help college graduates find a meaningful job, but the services don?t come cheap.
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