Diversity Management, News and Updates
Despite a flood of promises to support Black business owners over the past year, many corporations are failing in their efforts to support social justice reform and improved diversity and inclusion programs. In fact, according to Denise Hamilton, an Inclusion strategist, keynote speaker, and the founder of Watch Her Work,…
Amazon CEO Jeff Bezos is now worth $187.8 billion after profiting more than $48 billion from the COVID-19 pandemic. Capping an already historic year for a select group of retail titans, Americans are now turning in droves to do their holiday shopping online, if not only to maintain social-distancing protocols,…
Regulators at the federal and state levels are cracking down on lenders that have targeted small businesses with abusive, fraudulent and exploitative loans and collection tactics. As merchants saw revenues vanish as a result of COVID-19, these lenders continued collecting money and threatened to freeze the businesses’ assets, NBC News…
Originally Published by EY Block2, an Australian start-up focused on peer-to-peer resource management, has selected EY to provide software and services to build their newly released 2Mota solution, a blockchain-based peer-to-peer marketplace to help Small to Medium Enterprises (SMEs) manage their supply chains more efficiently. EY’s OpsChain Tesseract with pre-configured,…
Wells Fargo announced another new boost to diverse small businesses today with $7.9 million in grants from its Diverse Community Capital program, which offers capital and technical assistance to minority-owned small businesses through Community Development Financial Institutions (CDFIs). To date, the program has generated more than 103,000 jobs across the U.S. “Small businesses…
Social consciousness is spilling over into U.S. consumers’ shopping and dining habits, according to the 2018 Cox Business Consumer Pulse on Small Businesses. Seventy-one percent of survey respondents said they would spend more money at a small business if it supported a positive social or environmental cause. While 68 percent…
Parents who are small business owners are more optimistic about their children’s future than parents overall, according to a new survey from New York Life. More than 75 percent of small business owners with children under the age of 18 believe that their children will have a better standard of…
(Wells Fargo is No. 9 on the DiversityInc Top 50 Companies list) Becoming financially stable so you can live comfortably in retirement is a goal that many of us spend our entire careers working towards. This is particularly true for small business owners who have spent their working years running…
Cox Communications is No. 18 on the DiversityInc Top 50 Companies list An overwhelming number of Americans visit a local small business at least once a weekwith slightly more than a quarter (27 percent) patronizing small businesses twice a week. According to the 2017 Cox Business Consumer Pulse on Small…
Wells Fargo (No. 9 on the DivesityInc Top 50 Companies list) is introducing the Wells Fargo Works for Small BusinessNeighborhood Renovation Program Contest, designed to help improve eligible small businesses in designated neighborhoods in five cities Atlanta, Houston, Los Angeles, Miami and Minneapolis through a physical location or storefront makeover….