Business - Page 24

Teamsters Lead Historic Strike Against Amazon Nationwide

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By Alina Selyukh Amazon faced a coordinated picket effort as drivers and warehouse workers at multiple locations around the U.S. on Thursday pressed the retail giant to recognize their unions. The campaign launched by the Teamsters union comes during the holiday-shopping rush, though Amazon says it has not affected operations. The union had said workers would strike at seven locations in major delivery hubs: around the cities of New York, Atlanta, Chicago, Los Angeles and San Francisco and that it had organized the “largest strike against Amazon in U.S. history.” By the afternoon, according to NPR’s reporters and media photos, picketers

Howard’s LaNiece Tyree Elected First Black NACAS President

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Courtesy of Howard University Assistant Vice President for Auxiliary Enterprises LaNiece Tyree, MPA, CASP, was recently elected president of the National Association of College Auxiliary Services (NACAS), making her the first woman of color, as well as the first from an HBCU, to hold the title.  Elected on October 29 during the C3X Annual Conference and Expo in Kissimmee, Florida, Tyree now leads the association’s 12-member board, providing strategic oversight and direction for key initiatives and shaping the future of auxiliary services in higher education. Taking on the highest NACAS leadership role, she will guide the organization in its mission

SBA Awards $2.2 Million to Morgan’s Entrepreneurial Development and Assistance Center to Establish New Entrepreneurship Outreach Initiatives

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Courtesy of Morgan State University Morgan State University’s Entrepreneurial Development and Assistance Center (EDAC) has secured funding to enhance two of its impactful outreach initiatives aimed at advancing the center’s mission. Specifically, the Small Business Administration (SBA) has awarded EDAC $1.5 million to support the Returning Citizens Inspired to Develop Entrepreneurial Ventures (RIDE) Entrepreneurship Center and $700,000 for the Government Certifications Contracting and Matchmaking Solutions Center. Both programs are designed to empower aspiring entrepreneurs by providing essential resources and assistance to help participants effectively navigate the complexities of the business landscape. This funding was made possible through the FY24 Omnibus Spending Bill with the

Amazon Faces Third Union Vote at Alabama Warehouse

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By Alina Selyukh Amazon workers at a warehouse in Alabama should get a third opportunity to vote on unionizing, a federal labor judge has ruled. The vote is not expected any time soon, however, as the legal process drags on. The warehouse in Bessemer made history as the site of the very first union election by Amazon workers, in 2021. But the outcome was not historic: workers voted against unionizing. U.S. labor officials later ruled that Amazon improperly influenced the vote, and workers voted a second time in 2022. The outcome remained too close to call for years, with hundreds of ballots challenged by either

Philander Smith, Southern Win 2024 Moguls Competition

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By Kui Mwai Students from Philander Smith University and Southern University and A&M College won the sixth annual Moguls in the Making entrepreneurial pitch competition, which invites 50 students from historically Black colleges and universities to develop business concepts designed to improve Detroit’s economy. This year’s participants competed for over $200,000 in scholarships and prizes. Two teams tied for first place. Each student winner won a $20,000 scholarship and a guaranteed internship. The competition, which was held from Oct. 2 to6, was hosted by Ally Financial in collaboration with the Thurgood Marshall College Fund. Hampton University was second place and Spelman College was third. “These Moguls stand

Howard’s Music Business Program Earns Billboard Honors

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By Amber Dodd For the third consecutive year, Howard University’s School of Business and its Warner Music/Blavatnik Center for Music Business have been recognized in Billboard’s 2024 Top Music Business Schools report.  Located in the School of Business, the premiere center continues to prepare the next generation of changemakers by fusing music education, industry networking, and social justice into a fellowship experience.  “This recognition is a testament to the work we are doing here at The Mecca. We take great pride in pouring into our students to educate, empower and excite the next generation of music business icons,” said center

Small Biz Owners in Georgia Key to 2024 Election Outcome

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By J.J. McCorvey  The election could be decided in Georgia’s fastest-growing and most ethnically diverse county. In Gwinnett County, a part of metro Atlanta where 58% of voters backed Joe Biden in 2020 compared with the 40% who voted for Donald Trump, both parties are again locked in a race centered on the economy. Vice President Kamala Harris’ economic pitch has heavily emphasized small-business owners, and those in Gwinnett County — one of the “Decider” counties NBC News is tracking — acknowledge they could use more support. So far, many like what Harris is offering, though some remain undecided just over a week before Election Day. Their choices

Howard Alum Chequan Lewis Launches Executive Lecture

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By Brittany Bailer The Howard University School of Business will launch its annual Executive Lecture Series with a visit from Crunch Fitness President and Howard alum Chequan Lewis (B.A. ’05). The title of his lecture is “Legendary: Powered by Legacy.”  As president, Lewis works directly with Crunch executives and franchise partners to develop growth strategies, improve performance, and elevate the Crunch brand. He was most recently the Chief Operating Officer for Pizza Hut, where he led the operational focus of service and experience for the Pizza Hut customers and the restaurant teams serving them. He previously held other leadership roles at Pizza Hut

Morgan State Launches Student-Run Investment Fund

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Courtesy of Morgan State University Morgan State University, a historically Black educational institution in Baltimore, has recently launched the Student-Managed Investment Fund (SMIF), a program that provides real-world portfolio management experience to undergraduate students majoring in accounting and finance. The program allows student members to invest real money, giving them the experience needed to gain practical skills that will open the door to successful careers in finance after graduation. The SMIF was provided with $120,000 in initial funding, raised in part by Morgan State’s Graves School of Business and Management. The majority of seed funding came from students’ prior winnings

Delaware State Launches First HBCU Private Label Brand

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Courtesy of Delaware State University Delaware State University is breaking new ground in collegiate branding by becoming the first Historically Black College and University to distribute its own private merchandise label. Starting this week, select DSU apparel and items will be available on prominent platforms, including Amazon Marketplace and Walmart.com. This was made possible through a groundbreaking partnership with Everything Collegiate, LLC—a black-owned business based in Atlanta, Georgia. The launch of this private label marks a significant evolution in DSU’s merchandising strategy. It enables the university to control the design, quality, and variety of products that students, faculty, staff, and

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