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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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All 30 teams to participate in Major League Baseball's first Diversity Summit

(June 4, 2012) Major League Baseball and the Chicago White Sox will co-host the first-ever "MLB Diversity Business Summit," which will provide attendees with unprecedented access to Human Resource and Procurement executives from MLB's Central Office, all 30 MLB Clubs, MLB Network, MLB Advanced Media and Minor League Baseball Clubs.

This inaugural event will be held at the Hyatt Regency McCormick Place in Chicago on Tuesday, July 24th. Event information and early registration are currently available at

"Major League Baseball is pleased to co-host the MLB Diversity Business Summit, giving our game another opportunity to connect with a diverse pool of individuals and businesses," said Baseball Commissioner Allan H. (Bud) Selig. "I thank the Chicago White Sox for their support and hospitality, and we hope that everyone involved will benefit from the direct interaction afforded by this inaugural event."

Last year, Major League Baseball spent nearly a billion dollars in procurement contracts, and about six percent of that went to minority-owned firms. MLB is the only major sports organization that is a member of the National Minority Supplier Development Council. NMSDC's local chapter affiliates certify businesses that are minority-owned.

This sports diversity employment and business opportunity trade fair will provide job seekers and entrepreneurs with a unique opportunity to network directly with club and sponsorship decision-makers for employment and business opportunities.

The agenda for the event will include league-wide networking, exhibit floor access, special presenters, workshops and executive roundtable discussions. Deadline for early registration has been extended.

"It is an honor to join with Major League Baseball and co-host the MLB Diversity Business Summit this summer in Chicago," said White Sox chairman Jerry Reinsdorf. "Diversity is critical to success in business and in baseball. From purchasing the best products available to acquiring and developing the very best talent in the front office, the White Sox are committed to diversity throughout our business operations and throughout our ballpark."

"The diversity of Major League Baseball is important to Commissioner Selig on-field as well as throughout our entire business," said Wendy Lewis, Senior Vice President, Diversity & Strategic Alliances. "The MLB Diversity Business Summit will connect a diverse and inclusive group of individuals with Human Resource, Procurement and other executives throughout the industry. We are looking forward to welcoming the many talented students, professionals and business owners who will participate in this groundbreaking event."

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