A Jackson State University student invention will help against lead problems in drinking water. Lamonte Pierce invented and patented a straw that he says filters lead and other contaminants from drinking water. Pierce created the Cleanstraww because he grew tired of getting boil-water alerts from the city of Jackson, Mississippi.
Category: Economics
Prominent Black Leaders Part of New $10 Million Fund to Make Loans to Black Businesses
JERSEY CITY, NEW JERSEY – OCTOBER 24:(L – R) Derrick Chambers, Archbishop David Billings, Doug Naidus, and Ed Towns attends the World Business Lenders Fall Social on October 24, 2019 in Jersey City, New Jersey. (Photo by Bennett Raglin/Getty Images for World Business Lenders) Black small business owners starting or expanding a business can now…
Funding for HBCUs expires after Congress can’t agree on bill
Federal aid for America’s Historically Black Colleges and Universities has now expired and Congress can’t agree whether to pass a short or long term plan to restore the funding. A group of bipartisan senators, educators and students demand a vote now.
Byron Allen v. Comcast: Supreme Court Race Case Could Reshape Bias Lawsuits
While the TV mogul alleges racism in Comcast’s refusal to license his niche channels, U.S. businesses worry that a win for Allen during the new high court term would increase legal costs and hurt their reputations.
Civil rights groups slam Comcast for trying to weaken a key protection against racial discrimination
Comedian and media mogul Byron Allen filed a $20 billion lawsuit against Comcast. The Supreme Court will hear arguments Nov. 13. (Chris Carlson/AP) A coalition of civil rights organizations this week accused Comcast of undermining Reconstruction-era protections against racial discrimination, weighing in on a lawsuit against the company that is now before the U.S. Supreme…
Two Black Owned Investment Banks Merging to form the Largest Woman and Minority Owned Firm
Siebert Cisneros Shank & Co. and the Williams Capital Group will combine to form Siebert Williams Shank & Co. The new firm will be led by Chief Executive Suzanne Shank. Terms of the deal, described as a merger of equals, were not disclosed.
