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Chicago's black businesses

Target Market News has introduced Black Business Chicago, a new monthly which will spotlight news and features on Chicago's African-American businesses, corporate executives and local economic issues. The publication will also be supplemented by a Web site,, that will provide updated coverage of relevant business news on a daily and weekly basis between issues of the monthly print publication. Click for more ____________________________________

Buying Power report: Blacks spend as economy grows
New 16th edition shows $507 bil in spending

The finding comes from the 16th annual edition of "The Buying Power of Black America" report. In 2009, black households spent an estimated $507 billion in 27 product and services categories. ...

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Wall St. Project Summit hosts public panel to examine state of media ownership

(January 22, 2012) The 15th Annual Rainbow PUSH Wall Street Project Economic Summit will be held on Wednesday, January 25, through Friday, January 27 at the Sheraton NY Hotel & Towers in New York, NY. The theme is "We Are One World - Bringing Everyone to the Table: Celebrating Fifteen Years of Access to Capital, Industry and Technology." Attendees will be hosted by the Rev. Jesse L. Jackson, Sr. and Honorary Chair Terry J. Lundgren, President, Chairman, CEO, Macy's, Inc.

Among the sessions of particular interest to marketing and media professionals will be a panel entitled "Equity and Ownership in the Media -- An Overview of the Current State of the Media & Telecom Industry." The panel, for which the conference registration fee is being waived, is open to the public, takes place on Wednesday at 4:30 - 6:30 pm.

The panelists for the session include:

- Leonard E. Burnett, Jr., Group Publisher, Vibe and Uptown magazines
- Cloves Campbell, Jr., Chairman, National Newspapers Publishers Association
- Michael J. Copps, Former Commissioner, Federal Communications Commission
- Hermene Hartman, Publisher and Editor-in-Chief, N'DIGO Magapaper
- Steven C. Roberts, JD, LLM, President, Roberts Broadcasting Company
- Munson Steed, CEO of Steed Media Group
- Jim Winston; Executive Director, National Association of Black Owned Broadcasters

Ken Smikle, President and Publisher of Target Market News, will be the moderator.

The session will be followed by a "Movers and Shakers Welcome Reception" co-hosted by NV Magazine. Former FCC Commissioner, Michael J. Copps, and Bill Koenigsberg, Chairman of the 4As Media Policy Committee will be the honorees.

The Wall Street Project challenges corporate America to end the multi-billion dollar trade deficit with minority vendors and consumers and works to assure equal opportunity for diverse employees, entrepreneurs, and consumers. The Project uses Operation Breadbasket's model of research, education and negotiation and reconciliation to achieve its mission to promote inclusion, opportunity and economic growth by encouraging public and private industries to:

Improve hiring, promotion and retention practices
Name more minorities to corporate boards
Allocate more capital to minority companies
Promote intra-trade relationships among diverse businesses
Increasefunding for educational scholarships, and voter registration education
Increase financial literacy in minority and/or underserved communities through the work of the One Thousand Churches Connected program 

For further information on the Wall Street Project Conference visit, or call 773-373-3366.

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ASALH issues call for entries for Black History Month luncheon ad showcase

Pepsi Beverages to pay $3.1 million to settle federal racial discrimination suit

TV One announces two additions of original series to prime time lineup

Ford repeats as winner of Polk's Loyalty Awards with African-American consumers

Lee Bailey to present Martin Luther King special 2012 on Jan. 16th

Johnson Publishing moving its Chicago offices to new Michigan Ave. address

Gospel Today names new publisher as founder Teresa Hairston steps down

Vibe, Uptown merged with BlackBook Media and The Access Network Co.

Herbert Nipson, award-winning journalist, former Ebony executive editor, dies at 95

Sam Logan, longtime iconic Michigan Chronicle publisher, dies at the age of 78

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