Business & Finance

Proactive Steps to Take in Wake of Massive Equifax Security Breach

The South Carolina Department of Consumer Affairs (SCDCA) is encouraging consumers to demonstrate extreme vigilance regarding their personal identifying information in the wake of Equifax breach affecting half the U.S. population. Due to the scope and nature of the information compromised through this breach, SCDCA urges consumers to take an active role in monitoring their…

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Even with advanced degrees, Black women earn less than White men

By Bria Nicole Stone, NNPA Newswire Contributor Black women have to work seven extra months to earn what White men were paid in 2016. On average, Black women make 67 cents on the dollar compared to White men. In a recent blog post to mark Black Women’s Equal Pay Day, researchers at the Economic Policy…

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Black Enterprise Publishes Exclusive Registry of African Americans on Corporate Boards

Black Enterprise (BE) has released its latest exclusive report on African American representation on the corporate boards of 500 of America’s largest publicly traded companies today at BlackEnterprise.com. The media company identifies 292 African American directors at S&P 500 companies, including Starbucks, Walmart, ExxonMobil and FedEx Corp., on the Black Enterprise Registry of Corporate Directors. In addition, the report…

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Will Africa’s Richest Man ‘Make America Great Again’?

(TriceEdneyWire.com/GIN) – Alhaji Aliko Dangote, the 60-year-old Nigerian cement tycoon, has his eye on new investment prospects and is tempted by U.S. opportunities in renewable energy and petrochemicals. “Let’s say that by 2025, I’m looking at (investing) between $20 billion and $50 billion outside Africa. Mind you, we don’t do small things,” said Dangote, who…

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New Financial Center Aims to Close Racial Wealth Gap – Starting with HBCUs

By Hazel Trice Edney (TriceEdneyWire.com) – During the 2008 housing crisis, an estimated 7 million Americans lost their homes due to foreclosure. African-Americans were hit the hardest with a loss of nearly $200 billion, according to the Center for Responsible Lending. As the economy has struggled to recover and the housing market is now at…

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Millennial Women Have Yet to Recover from the Great Recession

In advance of Labor Day, a new analysis of national unemployment rates by the Institute for Women’s Policy Research (IWPR) finds that many young women, particularly women ages 25 to 34, are experiencing unemployment at higher rates than in 2007. The year 2017 marks a decade since the start of the Great Recession, which ran…

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Working on the Port Access Road – Meet Adrian Mack, Utility Laborer

Omar Muhammad, the President of Lowcountry Alliance for Model Communities (LAMC) is determined to connect local residents with job opportunities in the LAMC neighborhoods.  When Muhammad shared information about a pre-employment program for the Port Access Road project, Germaine Jenkins, the CEO, Farm & Market Director of Fresh Future Farm in the Chicora Cherokee neighborhood, immediately…

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Utility Consumers Should Get Their Money Back

By Barney Blakeney SCE&G officials stunned the state’s electric and gas consumers July 31 when it announced it would abandon construction of nuclear plants in Fairfield County. But what many consumers of the utility monopoly want to know is how much more the $9 billion investment shouldered by ratepayers will cost them. Hidden among the…

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Pryor Vows Economic Parity In County’s Library Construction Projects

By Barney Blakeney Contractors last month broke ground on construction for a new library in the East Cooper community. And the construction of four others soon should begin as well. Voters in November approved $108.5 million for the new libraries and renovation to 13 others. Minority business and employment advocates say the activity represents great…

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