Marriott Hotels is being sued for discrimination by a black woman who was told there was a ‘no party’ policy at the hotel. According to Fox News, Felicia Gonzales, 51, says the front desk clerk at the Residence Inn by Marriott Portland Downtown/Convention Center informed her that all incoming guests had to sign the policy. But…
Category: Economics
Ben Carson Wants To Make America’s Housing Segregated Again, HUD Proposal Shows
It appears that Ben Carson is planning to put a new spin on Donald Trump‘s infamous presidential campaign slogan. Only the secretary of the U.S. Department of Housing and Urban Development (HUD) apparently wants to make America segregated again, which would likely please his boss and help complete the Trump administration’s vision of making America…
Family Works To Restore Historic Black-Owned Motel In North Carolina
The motel’s patrons included Louis Armstrong, Lena Horne, and Ray Charles. A historic North Carolina house will get a new life. According to The Philadelphia Tribune, the Magnolia House Motel—an establishment that is embedded in the fabric of Black history—will be restored.
11-Year-Old Entrepreneur Opens Thrift Store In Brooklyn To Help Underprivileged Families
Obocho Peters opened the store on his 11th birthday. One of Brooklyn’s newly minted entrepreneurs is a fifth grader with a mission to provide inexpensive clothing options for underprivileged families. In celebration of his 11th birthday, Obocho Peters opened a thrift store in his community dubbed Obocho’s Closet, PIX 11 reported.
Two Black Investment Banks Merge To Become Largest Minority- and Women-Owned Financial Firm
Christopher J. Williams and Suzanne Shank Two black investment banks have combined forces to create a financial powerhouse that will dominate the nation’s minority- and women-owned investment banks and become a stronger competitor to majority Wall Street firms.
N.J.’s only black-owned community bank was closed by the feds. Here’s why.
City National Bank, a seven-branch bank headquartered in Newark, pictured in 2012. (Aristide Economopoulos/The Star-Ledger) City National Bank in Newark, the only black-owned bank in New Jersey, closed Nov. 1 after federal officials said it was losing money quickly due to unsafe or unsound practices. The failed bank reopened that same day as Industrial Bank,…
