Insight News

Friday
Oct 31st

Business

U. S. Black Chamber: Economy game changer

U. S. Black Chamber: Economy game changer

Pictured: National Bankers Association President Michael Grant; U.S. Black Chamber Inc. President Ron Busby and Industrial Bank President/CEO B. Doyle Mitchell Jr. celebrate the deposit that they believe could be the catalyst for a new Black economic movement.

WASHINGTON (TriceEdneyWire.com) - Ron Busby appeared reflective as he sat at the mahogany board room table at Industrial Bank, a Black-owned establishment, based in North West Washington, D.C. Busby, the president/CEO of the U. S. Black Chamber Inc. (USBC) then summed up his thoughts in one sentence:

"This is a game changer," he declared.

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New rules on door-to-door salespeople

The Minneapolis City Council unanimously approved new rules for door-to-door sales that will protect consumers and make it more difficult for out-of-state companies to exploit youth workers. A series of changes to City ordinance affect salespeople who travel from place to place, either selling merchandise door-to-door, taking orders for future delivery of merchandise, or setting up a temporary business at one location to sell merchandise.
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The benefits of being neutral

The benefits of being neutral

When General Mills recently announced its company’s stance against the ban on same sex marriage, the uproar could be heard from both sides of this highly charged issue:  there were both cheers and jeers.  High profile organizations take such a stand only after relentlessly considering the not only issue but also the consequences of choosing a side.  Strong leadership sometimes requires making tough, even divisive, decisions sometimes.  And sometimes, strong leadership requires not taking a position at all.  Neutral is a choice, too.  The key is in knowing when to step back, and how to maintain that neutral position under scrutiny.

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Historic mortgage discrimination settlement: Wells Fargo to pay Black, Latino borrowers $175 million

For the second consecutive month, one of the nation’s largest banks has agreed to a multi-million dollar settlement of mortgage discrimination complaints. According to the U.S. Department of Justice (DOJ), Wells Fargo Bank will pay more than $175 million to resolve unfair lending claims against African-American and Latino mortgage borrowers from 2004 through 2009. It is the second largest fair lending settlement in the department’s history.

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Bill Tompkins named to take Black Press helm

Bill Tompkins named to take Black Press helm

Publishing veteran Bill Tompkins will get a crack at moving Black newspapers forward as he’s been named president and CEO of the National Newspaper Publishers Association, the umbrella organization for America’s Black newspapers.

Tompkins has 19 years of experience with the {Washington Post} serving as vice president of marketing and director of national advertising among other roles. After leaving the {Post}, he moved on to Kodak to become chief marketing officer of its entertainment imaging business unit. Tompkins, whose first day on the job was July 2, said that both experiences, as unique as they were, prepared him for this endeavor.

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If you are bored, you are boring

If you are bored, you are boring

That’s what Grandma used to say, most often on a hot afternoon in late summer when even the neighborhood pool was painfully old.  Fast forward to today, you are an adult reading this because you are either interested, curious, or bored with everything else in your life at the moment.  Whatever you are, don’t be bored.

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American Chemical celebrates 25 years.

American Chemical celebrates 25 years.

North Side business, American Chemical is celebrating its 25th year of operation.

The adhesive distributer and manufacturer's founder Dennis Werneke credits the success of the company with their ability to listen to their customers and problem solve through their challenges.

Pictured: Dennis Werneke and STEP-UP intern Faduma Ali

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