Last week, the U.S. Treasury Department hosted a ceremony to not only
mark the 150th anniversary of the Freedman’s Savings and Trust Company
(Freedman’s Bank), but also to name the Treasury Annex building the
Freedman’s Bank Building.
Last summer when news anchor Joy-Ann Reid was removed from the lineup at
MSNBC and the Rev. Al Sharpton’s “Politics Nation” was removed from the
station’s daily prime time perch at 6pm to one time a week at 8am on
Sunday morning, they were like the canaries in the mineshaft, early
warning signs that Black commentators and hosts were becoming ever more
scarce on television and in the media in general.
Wells Fargo, a founding donor of the Smithsonian's Nat’l Museum of African American History
and Culture, has donated artifacts featuring the work of African American artist Grafton Tyler
Brown plus $1 million towards the Museum's inaugural exhibition scheduled to open in September 2016.
In 1996, Detroit attorney Gregory Reed launched the Keeper of
the Word Foundation
with the purpose of protecting the legacies of authors, artists, and
activists. Among the notables under its works and rubric are Nelson Mandela, Rosa Parks, Malcolm X, Alex Haley and President Obama. If a recent court order stands, the Foundation’s assets will be turned over to the U.S. Trustee for sale and liquidation in order to pay debts of a third party without any supporting law and contrary to charitable laws for the past 100 years.
The Silicon Valley Black Chamber of Commerce has won a grant that will enable the Chamber to host several PLAY 60, Play On
challenge events throughout the San Francisco Bay Area, designed to
encourage creativity in solving problems and using active play and
movement to be more physically fit. More than 400 youth are expected to attend.
Buying Black, also known as an individual or concerted effort to support and buy
exclusively from Black-owned businesses, is never out of season. But
this holiday season, Black consumers (and their collective $1.2 trillion
in spending power) across the country took it up a few notches. One such movement is LetsBuyBlack365, which was launched at a press conference in Brooklyn, New York last Tuesday.
As a senior executive at one of the world's largest and most influential
data and statistical information providers, Don Lowery is used to be on
the hot seat when it comes to predicting marketing trends and advising
entrepreneurs on how to promote their businesses.
With Black spending power expected to reach $1.1 trillion by year’s end,
hundreds of African Americans boycotted upscale stores in Chicago on Black Friday, in honor of the Black Lives Matter movement, and took their business elsewhere. Activist and teacher Aquillia Mikel is one of those people. Here, Mikel tells TNJ.com about her efforts to promote black entrepreneurship in the Windy City.