Author: The Associated Press

How Some Companies Are Paying Workers To Be Financially Responsible

By Ryan Velez

It’s hard to do well at work when you’re stressed out, and one of the things most likely to stress
you out on any given day is money troubles. Perhaps this is why the Wall Street Journal reports that some companies are putting out financial incentives for their employees to make smart financial decisions.

Mo’Nique Owes Over $500K In Unpaid Taxes

By Ryan Velez

The Atlanta-Journal Constitution reports that Mo’Nique may be dealing with some tax troubles. Based on the Department of Treasury records, the comedienne and Duluth resident owes even more money.

Check Out The New Company Started By Will And Jaden Smith

By Ryan Velez

For Jaden Smith, caring about the environment came early. At the age of 10, he was so upset by seeing plastic water bottles in the ocean around him while surfing that he told his parents. This would translate into learning about The Great Pacific Garbage Patch. Today, he has partnered with his father, Will Smith, to try and do something about this. ABC News reports that they have created Just, an eco-friendly bottled water company.

Suspended NFL Player Aldon Smith Says He Can’t Pay Child Support

By Ryan Velez

For the average person, they may feel that the money that comes with an NFL deal would be enough to set them up for life. However, it’s not always that simple, as The Daily Mail reports that one player, suspended from the field, now can’t make his child support payments. Suspended Oakland Raiders linebacker Aldon Smith is now requesting a reduction in payments, having not had any income since being banned following a third DUI in 2015.

How This New Resource Is Helping Black Businesses Get Funding

By Ryan Velez

Black and woman-owned businesses are among some of the fastest growing selections in the sector. However, they often don’t get the most return on their efforts due to the fact that they need financing and resources in order to get started, and these are typically in shorter supply than what white entrepreneurs have access to. Black Enterprise reported on a new public effort that may try to bring some balance to this area, Venturize.

Why Aren’t K-12 Students Learning About Money?

By Ryan Velez

Black Enterprise recently shared some CNBC information about finance courses in children’s schools, something that could be useful considering the current economic climate and the costs of a college education. The wealth gap means that Black children are especially impacted by this issue.

Read How Phylicia Rashad And Denzel Washington Truly Influenced Chadwick Boseman

By Ryan Velez

In any career path, we need mentorship and support from those before us. In many cases, it’s difficult for Black people to have this because there aren’t that many people in the position to help. Madame Noire reports that in the midst of the Black Panther-fever going around, Rolling Stone recently revealed a story of how Chadwick Boseman got help while learning the craft of acting at some of the top schools in the world.

MediaTakeOut Founder Launches App For Children

By Ryan Velez

Rolling Out reports that MediaTakeout.com founder, entrepreneur, and attorney, Fred Mwangaguhunga is planning to take advantage of the recent split of YouTube and Amazon with his new app for kids, designed to serve as a YouTube alternative, www.TubeJr.com.

These 8 Philanthropic Black Women Are Giving Back To The City Of Memphis

By Ryan Velez

The Philanthropic Black Women of Memphis (PBWM), came together with a simple goal to be Black women who helped others. Now, Black Enterprise profiles how this group of eight women managed to award 18 grants over 13 years totaling $55,000.

Black Construction Companies Chosen For $350 Million Obama Presidential Center

By Ryan Velez

The Obama Presidential Center will cost around $350 million to make, and Black Enterprise reports that it may be Black-owned constructions firms that stand to make the most money. Those businesses—the Presidential Partners consortium of Powers & Sons Construction, UJAMAA Construction, Brown & Momen, and Safeway Construction—are part of the Lakeside Alliance joint venture chosen by the Obama Foundation to serve as the construction manager for the OPC to be built on Chicago’s South Side.

Read About These Entrepreneurs Making A Difference In Tech And Music

By Ryan Velez

These days, more than ever, we are seeing prominent figures in the arts using their platforms to try and cross over into other fields, in particular, technology. This can range from supporting education programs to getting more people of color in the fields to actually invest and take part themselves. Black Enterprise recently profiled some music superstars who are doing just that.

Find Out How Much Jay-Z Spent To Celebrate His Friend’s Birthday

By Ryan Velez

When a friend has a birthday, it’s pretty common to take them out and show them a good time, dropping a little money in the process. Page Six reports that in a recent Manhattan outing, Jay-Z took things to a new level. According to the site, he spent more than $110,000 to celebrate the birthday of Juan “OG” Perez, his close friend and president of Roc Nation Sports.