‘I’m not going anywhere.’ Looters nearly destroyed her business, but that’s just the latest challenge for this black entrepreneur

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 71 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Between 35% and 40% of black-owned businesses will ultimately fold between the pandemic, the lack of federal stimulus money and fallout from the looting, according to one estimate from the U.S. Black Chambers, Inc.

The new storefront at 611 West Lake St. was supposed to be the place where Tiwanna Jackson took her business to the next level.

“Bingo!” one looter kept shouting, according to a neighbor’s smartphone video, which Jackson shared on her business’s Instagram FB, +1.98% account. Floyd’s death — and those of so many other unarmed black men who have died in police custody — is a brutal example of the uneven ways law enforcement treats black and white communities, reform advocates say.

Now, 35% and 40% of black-owned businesses will ultimately fold between the pandemic, the lack of federal stimulus money and fallout from the looting, according to one estimate from the U.S. Black Chambers, Inc. She was laid off during the Great Recession in 2009 and decided to take a chance and find a way into the beauty world. She went to beauty school, learned how to do eyelash extensions and built her clientele.

The broker made a snap judgment about someone’s voice and their earning power that researchers have found elsewhere. Black and white listeners can assume people speaking so-called “African American Vernacular English” might earn less, studies show. — Tiwanna Jackson Finally, Jackson found the Lake Street location and went for it. “It wasn’t the space I wanted, but I took it anyway because I always feel there’s a reason for everything.”

— Ron Busby, president and CEO of the U.S. Black Chambers “There is no doubt racism plays a huge role in the challenges black-owned businesses face day to day,” he said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Maybe their business’ are just not that good. Why does the govt have to support your failing business. This is not socialism. There is no divine given right to business success. And stop calling it a govt bailout. ITS A TAXPAYER BAILOUT!!!

It is what it is

For context:

You forgot to mention the white, chinese, and mexican businesses that will fold in this plandemic too! Black ppl arent the only ones getting screwed by the government!

Some black lives matter more than other black lives to Black Lives Matter

Yes $5T is just not even worth mentioning right? It had nothing to do with the local shelter policies that destroyed small businesses and THEN, blame it on the feds (the same shelter policies now absent in the face of the protests). At least you acknowledge the looting).

Those black lives don’t matter.

✊🏿 Respect

But but but rioting is the voice of the unheard!

😔

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This Dad's Post About His 18-Month-Old's Play Kitchen Offers A Sincere Message About Supporting Black Business'Let’s not give up on Black businesses so fast after one mistake.'
Source: Women's Health - 🏆 475. / 51 Read more »

How Business Leaders Can Step Up As Allies For The Black CommunityIn a climate that’s threatening the livelihoods of black people and black professionals in corporate America nationwide, here’s how business leaders can step up to provide support and take necessary action. Brazil registers over 30,000 COVIDー19 cases in one day, bringing the national tally to.... Who is responsible for the riots? Ok!
Source: Forbes - 🏆 394. / 53 Read more »