“Miss Maggie” Walker, the daughter of a former slave, who in 1903 became the first woman of any race to found and become president of an American bank. Three of its branches still operate. Maggie Walker also founded a newspaper and a department store called “Saint Luke’s Emporium.
Bank of America Corp’s (BAC.N) Merrill Lynch unit will pay nearly $11.7 million to resolve claims that it overcharged customers who invested in unit investment trusts, a U.S. regulator said on Friday. The payout includes a $3.25 million fine and $8.44 million of restitution, according to the Financial Industry Regulatory Authority. Merrill did not admit or deny Read More…
This Protege of Tyler Perry, Jon Gosier, Founder and CEO of FilmHedge, is being recognized for driving innovation in Atlanta – disrupting how finance, media, and technology intersect. His cross-industry expertise as a serial entrepreneur, investor, author, and screenwriter uniquely positions him to lead the transformation of media financing in a scalable way so it Read More…
Banks Fight $4 Billion Debt Relief Plan for Black Farmers Lenders are pressuring the Agriculture Department to give them more money, saying quick repayments will cut into profits Handy Kennedy, a farmer in Cobbtown, Ga., and founder of a cooperative of Black farmers. Debt relief approved by Congress in March aims to make amends for Read More…
The DAVID STEWARD Story: The second richest Black man in U.S. with $3.7bn fortune will inspire you David Steward is the second richest Black man in the U.S. Image via YouTube/Arch Grants Meet David L. Steward, the founder of World Wide Technologies and one of the richest Blacks in the United States. From a humble Read More…
Davonne Reaves Hotel Entrepreneur Invites you to stay, and remember “Once you go Black, you never go back!” Black hotel owner and commercial real estate investor Davonne Reaves hopes the popular cheeky catchphrase rings true for those who stay at one of thousands of Black-owned hotels and bed & breakfasts across America this summer. “In Read More…
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