US Unemployment Benefit Applications Plunge To 15-Year Low
WASHINGTON (AP) — The number of people seeking unemployment aid plunged last week to the lowest level in almost 15 years, a sign hiring will…
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Don Thompson is No Longer McDonald’s CEO; Wall Street Celebrates
*To say things aren’t working as well as they used to for McDoanald’s would be an understatement. That means it’s time for a change at the top. And that means Steve Easterbrook, 48, the company’s chief brand officer, will replace Don Thompson, 51, the current CEO and a 25-year McDonald’s veteran, effective March 1. Thompson […]
Detroit Revitalization Fellows offers inclusive opportunity to mid-career professionals
There’s a common refrain heard whenever a major economic development is announced in Detroit: It benefits some populations, but not all. In the African-American community,…
US Consumer Confidence Jumps To 7 1/2-Year High In January
WASHINGTON (AP) — U.S. consumer confidence shot up in January to the highest level since August 2007. The Conference Board reports that its consumer confidence…
NCR Corp. relocating to Atlanta, creating thousands of jobs
Atlanta Mayor Kasim Reed announced that the technology firm NCR Corp. will move it’s headquarters from the north suburbs into the city and bringing thousands of jobs…
The WORD Network Launches Worldwide Radio Superstation
The WORD Network has finalized its purchase of Disney Radio Station, WFDF, 9:10am in Detroit. The station, which is the oldest known radio station in…
U.S. Department of Transportation Selects The U.S. Black Chambers, Inc. for Minority & Women -Owned Small Business Resource Center Grant
Partnership designed to help increase Small Business Bonding Education, Short-Term Lending, Women in Transportation Initiative The U.S. Black Chambers, Inc. Community Economic Development Corporation (USBC-CEDC)…
Detroit Entrepreneur Week 2015
A collaborative of resource providers has joined forces in helping Detroit’s small business owners. Instead of hosting another workshop, or panel of talking heads, Detroit…
Survey: Firms Optimistic On Hiring, Wages In 1Q
WASHINGTON (AP) — Rising sales helped boost hiring at U.S. businesses in the last three months of 2014, and companies are optimistic that continued improvement…
$2 Gasoline: Good times keep rolling at the pump
NEW YORK (AP) — At some point this will end, perhaps even soon. The price of gasoline will not fall to zero. But for the…
Johnson Publishing Company Selling Iconic 70-Year-Old Photo Archive
In what many see as a heartbreaking development, Johnson Publishing Company, the esteemed African American owned publisher of Ebony, announced plans to sell its photo…
Restauranteur Strikes Gold in Detroit Area!
The month of January is a month of celebration for popular Metro Detroit–based South African and Caribbean eatery Kola Restaurant and Ultra Lounge. The restaurant…
Expedia Buys Booking Site Travelocity For $280M In Cash
NEW YORK (AP) — Expedia has acquired travel booking site Travelocity from the Sabre Corp. for $280 million in cash. The deal adds to Expedia’s…
Gauge Of US Economy Increases 0.5 Percent In December
WASHINGTON (AP) — An index designed to predict the future health of the U.S. economy posted a fourth straight solid gain in December. The Conference…
NFL Players Find Second Careers As Entrepreneurs
NEW YORK (AP) — As Eddie George neared the end of his nine seasons in the NFL, the running back began pondering his next play.…
Michael Jordan Gets Emotional After Winning Business Award
CHARLOTTE, N.C. (AP) — A humbled and emotional Michael Jordan fought back tears, feeling vindicated after years of criticism, after being named the Charlotte Business…
