National News

Billionaire Robert Smith calls on Corporations to Adopt His 2% ‘Reparative’ Plan for Black People

     The country’s richest Black person has some thoughts on how corporate America can address structural racism. According to Forbes, Robert F. Smith believes that big banks and major companies should spend the next 10 years investing directly in technology, education, telecom, banking and healthcare infrastructures that support Black communities. Smith went as far as to say that large corporations should spend 2 percent of their annual net incomes over the course of a decade to achieve this goal. […]