Commercial banks and venture capitalists are important, albeit very distinct sources of small business financing. The Minority Business Development Agency (www.mbda.gov), a federal agency that promote
Industry Focus
Despite a tenuous national economy, some African-American holding companies, including some in the New York metropolitan area, are reporting a substantial increase in profits for fiscal 2005. At a tim
BY Glenn Townes
Traditionally, college is considered a natural progression after high school, with most undergraduate degrees being earned before a student is 25 years old. More recently, however, the trend has chang
BY Soroya Brantley
Sit in any subway car in New York City and it is not difficult to fantasize about a tropical vacation, starring yourself, as you take in The Bahamas’ advertising blitz: glossy pictures depicting bri
BY Soroya Brantley
Judith Farrell visited Ghana, in West Africa, for the first time last October. The trip was a birthday present from her daughter, Nsenga. In addition to the vastness of the country, the busy al fresco
BY Ines Bebea
Almost one out of two business travelers on the road today is a woman, usually single and traveling solo, but most hotels, airlines and car rental companies are run by men with tin ears and few clues,
BY Chris Barnett
If you’re a veteran resident of New York City, take yourself back to your earliest memories of its neighborhoods. Chances are there weren’t as many lights and high rises around, and where you now
BY Ian Forrest
It has been a little more than a generation since Harlem has had any new-car dealerships. But toward the end of February, a batch of 60 vehicles rolled off the trucks at the Chevrolet-Saturn and Cadil
BY Herb Boyd
Travel to any major city in America and you will notice signs declaring “Economic Empowerment Zone,” “Revitalization of Our City,” “Urban Development & Community Revitalization.” Most
BY J. David Washington
Realizing the American dream of owning a home costs African-Americans more than whites, according to annual reports filed by mortgage lenders under the Home Mortgage Disclosure Act. In a recent statem
BY Ines Bebea