Category: BUSINESS

(NNPA) – At what age should a child be given “the facts of life” – not the birds-and-bees facts, but the bottom line about what it will be like for him or her to make a living and a life? I don’t think 6 or 7 years of age is too soon to start. In fact, […]

What’s the next step in a down economy where jobs aren’t hiring and salaries aren’t climbing? Simple—take a page from Sharan Nixon’s playbook and form your own self-made conglomerate. The budding business mogul is a one-woman building crew. She manages three businesses along with three children but still finds time to masquerade in a normal […]

In the mid-1980s, crash test dummies Vince and Larry famously broke through America’s television sets as iconic reminders of seatbelt safety. With their catchy tagline of “You can learn a lot from a dummy, buckle your seatbelt,” the two figures became simultaneous with increased seatbelt use and life-saving information through nationwide public safety campaigns. From […]

Self-proclaimed digital advocate Mario Armstrong could turn even the most unprepared tech person into a computer whiz. Besides serving as the technology commentator for National Public Radio’s “Morning Edition,” the long time techie moonlights as an electronic educator of sorts. He recently hosted a specialty meeting at Baltimore’s Emerging Technology Center focused on introducing and […]

You can call it the ripple effect, the domino theory or whatever you wish. When applied to debt, it simply means that one thing after another keeps coming, and generally it is not good news. When you are in a tight financial situation, the last thing you need is to add insult to injury. For […]

Beginning in April 2010, some of the largest brokerage firms in the United States are imposing penalties on accounts that don’t fall within a substantially high investment range. As part of a larger plan to focus only on those top-tier clients who bring in an impressive income, these brokerage firms are bypassing the potential revenue […]

Entrepreneur and philanthropist Sheila Crump Johnson is the only African-American female to enjoy ownership in three professional sports teams: the WNBA’s Washington Mystics, the NBA’s Washington Wizards and the NHL’s Washington Capitals. Furthermore, as CEO of Salamander Hospitality, a company she founded in 2005, Ms. Johnson oversees a growing portfolio of luxury properties, including Woodlands […]

As part of a three-part series, the AFRO is profiling up-and-coming entrepreneurs who are growing popular businesses while juggling traditional nine-to-five careers, spouses and children. This month, Baltimore-based shoe designer Cash Hollis shares how she turned her flair for fashion into profit. Cash Hollis Arena S. Shoe Collection Cash Hollis is immersed in all things […]

A business begins with a great idea that will provide a product or a service to a community. Although every great idea deserves to be explored, not everyone has the same opportunity to develop his or her business ventures. Even though people of color currently make up 33 percent of our population, minorities own only […]

Baltimore businessman Eddie C. Brown grew up studying the men in the white shirts and ties as opposed to those in the field and factories in his home town of Apopka, Fla. With his grandmother instilling in him the belief that studying hard and staying in school would grant him his own white shirt and […]

Throughout his storied career, New York-born media mogul Russell Simmons has helped bolster the image and scope of hip-hop culture. Now in his 50s, the multifaceted maven shows no signs of slowing down. With his new ventures, such as the Rush Card and his Global Grind Web site, Simmons has evolved into a business industry […]

African Americans have historically been a resilient, industrious people, particularly during times when disparities in compensation and promotion relegated people of color to low-wage service positions. While there has always been an exceptional cadre of Black business icons like hair styling guru Madame C.J. Walker, shipbuilder Paul Cuffe and peanut aficionado George Washington Carver, many […]