Management promotions for Black professionals are declining, report finds wshu.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wshu.org Daily Mail and Mail on Sunday newspapers.
The Ballmer Group a philanthropic organization led by Steve Ballmer, the 10th wealthiest person in the world, and his wife, Connie recently committed $400 million to Black investment managers and Black businesses, with the goal of increasing capital to underserved markets.
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REDMOND, WA The coronavirus pandemic has caused sharp swings in the economy over the past year, thrusting many businesses and families into economic uncertainty and in some cases outright collapse. Even so, the number of national bankruptcies filed in 2020 was the lowest since 1986 and nearly 30 percent lower than in 2019.
But many experts expect bankruptcies to increase in the coming years. The federal court system was closed near the beginning of the pandemic, which delayed filings for months. Moreover, bankruptcies also tend to be lagging indicators of economic distress because of the complex legal process involved; the Great Recession began in 2007 but bankruptcies didn t peak until 2010.
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How Did Coronavirus Affect Bankruptcies In Town And Country-Manchester Area? - Town And Country-Manchester, MO - Here's how the pandemic affected bankruptcies in St. Louis County. Experts warn of a likely surge in coming years.