(Akiit.com) Most of us are aware that African Americans face the most dire job prospects of any ethnic group in America. As of last month, black unemployment stood at 15.4 percent, compared to 8.6 percent among white Americans. Additionally, the economy is showing signs that it may not recover the ...
(Akiit.com) When I was younger, I remember hearing cliches like, “It’s not what you know, it’s who you know.” Of course I didn’t believe any of that stuff. I didn’t do very well in high school, but in college, I was a study machine. I just knew that pushing hard ...
(Akiit.com) Agriculture Secretary Tom Vilsack was direct, forceful and blunt when he said that the USDA does not tolerate racial discrimination. This was Vilsack’s widely circulated public explanation for firing Shirley Sherrod. There are two problems with this. One, the world now knows that Sherrod did not do or say ...
(Akiit.com) Coming from a family with a tradition in medicine it was only natural for Chantale Trouillot to want to heal sick people. Her father was a Doctor when Chantale was growing up in Port Au Prince, Haiti. Chantale wanted to be the hands-on, day and night, care and comfort ...
(Akiit.com) Michael Jordan’s takeover of the Bobcats makes him the only black majority owner of a major U.S. sports franchise… Michael Jordan, pro basketball’s greatest player, and a lackluster executive for two franchises, once said in a Nike commercial, “I’ve failed over and over and over again in my life. ...
(Akiit.com) How a Cleveland entrepreneur lost everything and bounced back after tangling with an infamous con man… How a Cleveland entrepreneur lost everything and bounced back after tangling with an infamous con man. Entrepreneur Phil Davis has experienced his share of ups and downs in his business life, including shuttering ...
(Akiit.com) Miami, FL – The Pepsom Group, Inc., a minority certified company, is pleased to announce its selection as a Key exhibitor by the United States Patent and Trademark Office (USPTO) www.uspto.gov to be one of sixteen exhibitors at the 2009 National Trademark Expo to be held May 8-9th. The ...
(Akiit.com) California – I heard through the grapevine that California’s Black businesses are being left out of significant economic opportunities, not only as the state attempts to deal with a shrinking budget, but also as it decides how to spend major stimulus funding provided by the federal government. Marvin Gaye ...
(Akiit.com) Business grants were originally created by federal and local governments to provide financial assistance to entrepreneurs and business owners. The goal was and still is to help stimulate the national and local economy, and to help fund research that will help a certain industry. In more recent years, non-profit ...
(Akiit.com) Three African American executives are trying to raise $50 million to create a black-owned bank holding company with some help from the federal government. The entity, MBF LP, would be designed to make capital investments in and own parts of new and existing black-owned U.S. banks, said William Michael ...
(Akiit.com) Business grants have been accessible to business owners in the United States for decades. Annually, hundreds of millions of dollars in grant money are disbursed to individuals to help them start or expand an existing business. Despite this, every year several myths and misconceptions resurface discouraging entrepreneurs from taking ...
(Akiit.com) There’s an old saying that goes “Fool me once, shame on you. Fool me twice, shame on me.†What members of Congress failed to do in the recent Wall Street bailout – get a detailed plan of action from company CEOs, require them to scale back lavish spending habits ...