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…
National
War on drugs victimized millions of Black Americans
As a teenager, Alton Lucas believed basketball or music would pluck him out of North Carolina and take him around the world. In the late 1980s, he was the right-hand man to his musical best friend, Youtha Anthony Fowler, who many hip-hop and R&B heads know as DJ Nabs. But rather than jet-setting with Fowler, Read More…
The Black Press
The Black Press is the vanguard of our history and guardian of our future. For decades, the Black press corps has been the vanguard of the Black community’s history and the guardian of our future. It has been one of the few institutions that has acknowledged our pain while making space for our promise. Read More…
Marion Militants: Six charged in Capitol riot
More than 500 arrests across the nation have come after the riot, which saw protestors break into the U.S. Capitol as legislators voted to certify Joe Biden’s presidential win. Many of the rioters were supporters of President Donald Trump. Five people died in the riot, including a Capitol Police officer who died after suffering a Read More…
Olympic Committee Bans
Olympic Committee Bans Headgear Designed For Black Swimmers. Olympic swimmers will now be barred from using swimming caps made by Soul Cap, a Black-owned company that produces headgear specifically designed to help athletes compete without damaging their hair. The federation for international competitions in water sports made the decision this week, saying the caps don’t Read More…
Dylan Shakespeare Robinson Guilty of Arson
Dylan Shakespeare Robinson, a 23-year old man from Minneapolis who was caught starting a fire at a police station during a Black Lives Matter protest after the death of George Floyd, has been sentenced to only 4 years in prison. Robinson’s sentence came four months after he pleaded guilty to one count of conspiracy to Read More…