Blog
BUSINESSBlack Americans spend 200 billion dollars a year. If they were a nation, they would be the ninth largest economic power on earth. Afro Americans are economic hemophiliacs who have just been scratched: only three cents out of every dollar spent goes to black-owned businesses. Ninety-seven percent of the 200 billion dollars goes to non-black corporations. Knowing who black business owners are, and what they are doing to help more enter their ranks, is important. Perhaps after we see a sharp increase in black ownership we will start to see the curtailment of high unemployment rates, high poverty rates, and high drug use and crime. For this reason it is necessary to see positive black role models in the business world who have succeeded against all odds and prevailed.
W.S.
Black History Magazine Interviews Loida Lewis, Reginald Lewis’ Wife
Interview With A Business Woman of Extraordinary Warmth by Bill Singleton, Jr. SINGLETON: You cannot do everything. LEWIS: That's again one of the lessons Mr. Lewis learned. He was his own lawyer, his own accountant, his own engineer, his own and on and on, and he...
Arthur G. Gaston, Sr. – Entrepreneur
by Tracy Dixon Arthur G. Gaston, Sr. has amassed a fortune believed to be worth over $140 million from businesses he established to fill needs in the Black community. In the 1920s, when Blacks could not get decent burials, he founded a burial society. When White...
BLACK AMERICA’S UNFINISHED BUSINESS
Poverty: How Can We End It? by Jennifer Fisher Southside Chicago, 10 PM. A 15-year-old Black girl returns to her home in a dilapidated housing project after working all day at a fast food restaurant. Her ten month old baby is waiting for her, because his father, a...
TERRIE WILLIAMS
The Interview William Singleton: could you tell us a little about yourself and what influenced your life? Terrie Williams: I was born and raised in Mt. Vernon New York. My parents have a very strong work ethic and that philosophy was passed on to me. I was thought of...
REGINALD F. LEWIS
WALL STREET MEGA DEAL-MAKER BY Tracy Dixon Mr. Reginald F. Lewis, 46, the latest mega-deal maker on Wall Street is perhaps the most influential Black businessman in America today. The takeover of the Beatrice International Companies food operations, the largest...
BOYCOTTS FOR ECONOMICS JUSTICE INTERVIEW
The Sullivan Principles: A Singleton Quest Interview MR. SINGLETON: Good morning, Mr. Sullivan -- Dr. Sullivan, I'm from Black History Is No Mystery. DR. SULLIVAN: Yeah. MR. SINGLETON: And I know that you are teaching a lot about the history and learning the culture....