Colleges to House New Center That Trains Black Entrepreneurs | Business News

By CHRISTINE FERNANDO, Associated Press

CHICAGO (AP) — A new center for training Black entrepreneurs will be opening in Atlanta as part of a collaboration announced Monday between Spelman College, Morehouse College and an advocacy organization made up of business leaders.

The Center for Black Entrepreneurship is expected to start operating for the fall 2021 semester. Details of the collaboration were shared with The Associated Press ahead of the announcement.

“In 2020 we saw an acknowledgement from many in the investor community that there needs to be a change, that we need to take a look at these barriers and how they are preventing talented aspiring Black entrepreneurs from reaching their full potential,” said David Clunie, executive director of the Black Economic Alliance, the advocacy group involved. “We need to give them the education, resources and opportunities they need to really succeed.”

The center will be housed in Spelman’s new

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House Democrats Open Campaign Finance Investigation into Postmaster General Louis DeJoy

House Democrats said Monday they would open an investigation into Postmaster General Louis DeJoy over accusations that he broke campaign finance laws in pushing his employees to make campaign contributions to Republicans that he would later reimburse.

House Committee on Oversight and Reform chairwoman Carolyn Maloney (D., N.Y.) said in a statement that the committee would open an investigation and called on the Board of Governors of the U.S. Postal Service to immediately suspend DeJoy, whom “they never should have hired in the first place,” she said. 

Maloney’s announcement followed a Washington Post report that DeJoy and his aides would allegedly pressure employees at his former business, New Breed Logistics in North Carolina, to make donations and attend fundraisers at DeJoy’s mansion — events which regularly drew $100,000 or more apiece. Former employees say they made payments between 2003 and 2014 and would then allegedly receive large bonuses to offset

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