Southern California Black Chamber of Commerce Hosts Third Annual Business Summit

The Southern California Black Chamber of Commerce recently hosted its third annual Business Summit in the City of Ontario. Themed Unity in Diversity: Business Summit, the event featured presentations by a number of corporate sponsors as well as a number of agency that touched on the topic of supplier diversity. The three day business summit…

$96 Million Allocated So Far to Black-Owned Firms as High-Speed Rail Project Expands Jobs, Boost Local Economies

Antonio‌ ‌Ray‌ ‌Harvey‌ ‌|‌ ‌California‌ ‌Black‌ ‌Media‌  As of May 31, the most recent data from the California High-Speed Rail Authority shows that 47 African American-owned firms are participating in the project as Disadvantaged Business Enterprises (DBEs). A total of 936 Certified Small businesses are working on the high-speed rail program statewide, representatives of the…

Arrowhead United Way Hosts Ribbon-Cutting for First-Ever National Veterans Chamber of Commerce Site in San Bernardino

Arrowhead United Way expands its support for IE’s 220,000 veterans with a new dedicated space for career training, community events, and mentorship at its downtown San Bernardino office. SAN BERNARDINO, Calif. — Over 220,000 Veterans living across the Inland Empire will soon have a new dedicated space to support their journey toward self-sufficiency and civilian…

FTC Sues to Stop Air AI from Using Deceptive Claims about Business Growth, Earnings Potential, and Refund Guarantees to Bilk Millions from Small Businesses

Agency alleges Air AI’s false promises have left many entrepreneurs and small businesses in debt, with losses up to $250,000 The Federal Trade Commission has asked a federal court to stop Air AI from using allegedly deceptive claims about business growth, earnings potential, and refund guarantees to fleece small businesses and entrepreneurs. The FTC alleges…

Grant Window Closing: California Community Colleges and California Student Aid Commission Urge Students to Apply for Financial Aid Before September 2 Cal Grant Deadline

SACRAMENTO, Calif. — The California Community Colleges Chancellor’s Office’s ICanGoToCollege.com campaign and the California Student Aid Commission (CSAC) are joining forces to urge current and prospective community college students to complete a Free Application for Federal Student Aid (FAFSA) and the California Dream Act Application (CADAA) before the September 2 Cal Grant deadline. Missing this…

Black Workers  at Risk as Trump Slows Equity-Focused Job Investments

BLACKPRESSUSA NEWSWIRE — A new 16-page issue brief by the Joint Center for Political and Economic Studies warns that federal industrial policy investments aimed at advancing economic opportunity for Black communities are under threat, as the Trump administration eliminates key diversity, equity, and inclusion (DEI) provisions and slows the disbursement of funding. By Stacy M….

The retirement gap: Why Black Americans face an uphill battle in saving for the future

By Megan Sayles AFRO Staff Writer For many Black Americans, the dream of a secure retirement is increasingly out of reach. Despite decades of work, a combination of wage disparities, unequal access to employer-sponsored retirement plans and other economic inequalities have left Black workers with significantly less savings than their counterparts.  This divide can be…

Detecting fraud before it’s too late: Clever Girl Finance founder talks red flags and warning signs

By Megan Sayles AFRO Staff Writer Every year, millions of Americans are victims of credit card fraud. In 2024 alone, 62 million people had unauthorized charges on their credit or debit cards, with expenses surpassing $6.2 billion.  Bola Sokunbi is the founder and CEO of Clever Girl Finance, a personal finance education platform for women…

Tara Lynn Gray on How California Supports Small Businesses With Funding and Training to SCALE

Charlene Muhammad | California Black Media Small businesses in California – from sole proprietorships to small and medium enterprises (SMEs) – account for about 99% of all businesses in the state, making them the sector most responsible for job creation, more than 7 million. Considering their importance to the state economy, Gov. Jerry Brown created…

CSUSB School of Entrepreneurship re-named in honor of business leader and philanthropist Randall W. Lewis

The California State University Board of Trustees has approved the naming of the university’s entrepreneurship school and center as the Randall W. Lewis School of Entrepreneurship and Innovation and the Randall W. Lewis Center for Entrepreneurship. The California State University Board of Trustees has approved the renaming of the CSUSB School of Entrepreneurship and Inland…

Disaster Loan Program for Fire-Impacted Small Businesses in the Altadena Burn Area

by Ellen Perrault The Los Angeles County Board of Supervisors and the Los Angeles County Development Authority (LACDA) have launched the Altadena Disaster Relief Small Business Loan Program. This initiative aims to provide critical working capital—up to $75,000 per business—to help small businesses in Altadena–where its historic Black community was devastated–recover, rebuild, and retain jobs…

Cajon High’s Richard Imbriani Named State Athletic Director of the Year, Plans for Retirement in 2026

SAN BERNARDINO, CA—Stepping into the Cajon High School athletic office of Richard Imbriani is like walking into a living scrapbook of competitive achievement. The walls are lined with newspaper articles chronicling championship wins, standout athletes and memorable seasons. Trophies of all sizes are displayed on the wall, a testament to the countless hours of hard…

35 Nonprofits Oppose Credit Union Takeover of CRA-Obligated Bank, Urge Stronger Protections

Proposed Frontwave Credit Union-Community Valley Bank acquisition would eliminate federal lending obligations; the move highlights the urgent need for a California-specific Community Reinvestment Act. Thirty-five California-based nonprofit organizations have formerly opposed the proposed acquisition of Community Valley Bank (CVB) by Frontwave Credit Union, warning that the deal would erase critical community reinvestments.  In a letter…

Two weeks Left to Apply for FEMA Individual Assistance and Small Business Administration Low Interest Loans

LOS ANGELES – Homeowners, renters and businesses in Los Angeles County who experienced property damage or losses from the January wildfires have two weeks left to apply for federal disaster assistance. Monday, March 31, is the last day to apply for both FEMA disaster assistance and a U.S. Small Business Administration (SBA) low-interest disaster loan….

How Will DEI Bans Affect U.S. Small Businesses?

By Selen Ozturk Since Trump’s termination of federal diversity, equity and inclusion (DEI) initiatives, small businesses nationwide are expected to take a major hit. Since Trump’s termination of federal diversity, equity and inclusion (DEI) initiatives, small businesses nationwide are expected to take a major hit. The executive orders issued during Trump’s first week of office…

Black Homeownership Faces Persistent Barriers Despite Hard-Fought Gains

BLACKPRESSUSA NEWSWIRE — Homeownership remains one of the most significant drivers of wealth, yet Black families face disproportionate barriers to achieving this milestone By Stacy M. Brown Sonia Reed believed she had achieved the American dream. In December 2024, the Black grandmother and former homeless individual became a homeowner in San Leandro, California. But her…