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8,000 People Open Accounts At Black-Owned Bank In Atlanta

In the weeks following the deaths of Alton Sterling and Philando Castile, more and more influencers, like Solange and Killer Mike, have started to #BankBlack and have transferred their money into black-owned banks. Now, a historic black bank in Atlanta has seen a spike in business. In just five days, 8,000 people have submitted applications to join Citizen’s Trust Bank, according to 11 Alive. “It’s a tremen ...

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Take Your HR Skills To the Next Level With These Three Tips

 Miami, Florida - As Carnival Cruise Line’s Senior Director of Human Resource and Compliance, Dr. Rosalie Payne specializes in policy development, change management and the implementation of employee engagement programs. Her 31-year history in human resources helps foster her ability to identify, develop, manage and analyze processes and measure performance.  Dr. Payne has won numerous awards for her work i ...

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Rising Car Costs are No Reason to Take a Predatory Car Loan

By Charlene Crowell It’s that time of year again when days are longer, temperatures are higher and auto dealers advertise some of the most tempting deals. And while there’s nothing new about new car fever or the annual ad blitz, there’s a good deal of news on how consumers are choosing and paying for their cars. For example, new car sales increased more than 5 percent from a year ago. At the same time, the ...

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Google’s Parent Company Gets First Black Board Member

By Sydney Scott, essence.com Economist Roger Ferguson has been appointed to the board of Google’s parent company, Alphabet, making him the first African-American board member in the company’s history. According to USA Today, Ferguson will serve on the audit committee. His appointment is a milestone in Google’s efforts to bring diversity to its company and the tech industry. Ferguson has an impressive resumé ...

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Gladys Knight’s Restaurants are in Receivership

By Frederick H. Lowe Gladys Knight’s Chicken and Waffles, an Atlanta-area restaurant chain co-founded by singer Gladys Knight and operated by her son, Shanga Ali Hankerson, has agreed to go into receivership under state supervision, William Gaston, spokesman for the Georgia Department of Revenue, said on Wednesday a day after the department closed Knight’s restaurants for failure to pay $650,000 in sales an ...

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Kenneth Reddick Reappointed as RFA Board President

Kenneth Reddick was recently elected to an unprecedented third term as President of the Riverside Fine Arts Association. Kenneth has guided the organization to higher levels in both concert attendance and income. The organization seeks to enrich the spirit and enhance the quality of life for our community through education and direct experience of artistic expression.  Their concert season embraces a wide r ...

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Companies Owned by Black Men Declined, but Sales Increased

By Frederick H. Lowe The number of black-male owned businesses with employees declined between 2007, the beginning of the Great Recession, and 2012, the end of it, according to a report by the Center for Global Policy Solutions in Washington D.C. The study, titled “The Color of Entrepreneurship: Why the Racial Gap Among Firms Cost the U.S. Billions,” reported that the number of firms owned by African-Americ ...

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Wells Fargo Sponsorship of Black Lives Matter Panel Draws Scorn

by Naomi LeChance Wells Fargo’s sordid practice of steering minorities into exploitative mortgages burst into public view after the housing crash in 2008. But to a black business group the bank has partnered with — by donating nearly half a million dollars — it’s ancient history. The U.S. Black Chambers (USBC), an organization dedicated to growing black business, has been collaborating on programs with Well ...

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Free Workshop Helps to Break the Chain of Homestead Loss in the Black Community

by Jeanine Ferguson Did you know that according to the U.S. Census Bureau, approximately 80% of land owned by Black Americans has been lost since 1910? The major contributing factor to this tragedy is not having a will in place at death. Many homeowners don't realize that if they die intestate (passaway without a will), their property may not go to their heirs. When a homeowner dies without a will, the stat ...

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Rush Card Settle Lawsuit for $20 Million

by Ann Bucher The makers of the RushCard have reportedly agreed to settle a class action lawsuit filed over a botched upgrade of the pre-paid debit card that allegedly left RushCard holders without access to their money for multiple days. On Tuesday, plaintiffs Stephanie Fuentes, Jetaime Howard, Mianika Smith, Shari Goodman, Jermain Hayes and 10 other plaintiffs filed a memorandum supporting preliminary app ...

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