Years ago, the landscape of the Chicago business sector was thriving
with an array of businesses owned by African Americans. The city is home
to the groundbreaking Ebony magazine, owned by John H. Johnson, a
self-made magazine publisher and trailblazer in the publishing industry.
His success led to a groundswell of other African Americans eager to
own their own businesses. But these success stories may be a thing of the past.
Given the amount of attention the Affordable Care Act continues to
receive, and the many questions surrounding it, now is an opportune time
to examine the basics of this new legislation and how it affects
business owners and consumers.
It’s here again, bigger, earlier and as frantic as ever: Black Friday,
which now starts on Thanksgiving, unofficially kicks off the holiday
shopping season this week with a smorgasbord of shopping. Predictions for how much consumers will spend remain weak or modest, and
some analysts are saying this could be the worst holiday shopping
season since the recession.
According to information recently released from the Michigan Black
Chamber of Commerce, minority and women-owned businesses have been shut
out of the economic revitalization that has been on the rise in Detroit
in recent years.