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Tesla Announces Plans to Sell Up to $5B in New Stock Shares

September 1, 2020 admin 0

DETROIT (AP) — A day after its 5-for-1 stock split took effect, Tesla is announcing plans to sell up to $5 billion worth of common shares. The electric car and solar panel maker says in […]

Business

Black Female Entrepreneur Who Took a Leap of Faith Despite the Odds Finds Success in Jacksonville

September 1, 2020 admin 0

Small Business Spotlight – Jharman Lightner – President – Harvest Mental Health Services Due to the rapid increase in levels of education, increase of doing business in professional services, and shear necessity; Black-owned businesses have […]

Business

Two Black Owned Banks Just Merged to Form a $1 Billion Lender, the Largest Black Owned Bank in the U.S.

August 28, 2020 admin 0

By ShoppeBlack – Two Black owned banks, City First in Washington, DC and Broadway Financial Corporation in Los Angeles, CA announced today that they have entered into a transformational Merger of Equals agreement to create the largest Black owned […]

Business

Some States Will Pay $400 In Weekly Unemployment Benefits Instead of $300

August 26, 2020 admin 0

By Victor Omondi -Different states have begun mobilizing and submitting proposals to FEMA for the enhanced federal unemployment benefits that President Trump Approved on August 8. Initially, FEMA issued guidance to mitigate the confusion concerning […]

Business

Bentley Arrives in Jacksonville with Luxury Automobiles Starting at $200,000

August 24, 2020 admin 0

by: Karen Brune Mathis Editor – Owner Mario Murgado says he invested $20 million to bring the dealership to town because of the opportunity. No banners, balloons or inflatable air dancers beckon buyers to Jacksonville’s Bentley […]

Business

Lenders Deny Mortgages for Black Homeowners at a Rate 80 Percent Higher Than Whites

August 20, 2020 admin 0

By Diana Olick, CNBC – This Black borrower has an outrageous story about his mortgage refinance. “I started to realize maybe, maybe I need to not disclose my race.” When the coronavirus struck the U.S. in […]

Business

Meet EnJunaya Canton, who quit a six-figure job to start fast-growing Zuhuri Beauty

August 20, 2020 admin 0

#NNPA BLACKPRESS -By Ben Stevenson, U.S. Bank for NNPA Newswire – After going through countless trials and tribulations to get where she is today, EnJunaya understands the risks that come with starting your own business. […]

Business

Fundraising Good Times: Equity and Public Policy

August 17, 2020 admin 0

There is no way around it: 2020 is all about equity and advocacy. On the streets, in the news, and around the kitchen table the words “Black lives matter” are resonating. These three words are […]

Business

Inside Charlotte’s Hottest Black-Owned Food Truck, What The Fries

August 12, 2020 admin 0

By DeAnna Taylor – Despite a pandemic, two Black chefs out of Charlotte, NC have managed to nearly triple business for their loaded fries food truck. What The Fries can easily be deemed the city’s […]

Business

JTA Receives $11.9 Million Bus and Bus Facilities Grant

August 12, 2020 admin 0

JACKSONVILLE, FL. – The U.S. Department of Transportation and Federal Transit Administration (FTA) announced that the Jacksonville Transportation Authority is receiving an $11.9 million Bus & Bus Facilities discretionary grant. With this grant, the JTA […]

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