FDIC recommends raising insured deposit limit for nation’s businesses
NEW YORK (AP) – U.S. businesses might be able to secure bank deposit insurance for accounts holding more than $250,000 if Congress agrees with the …
Posts in category Business
Ben & Jerry’s supports Vermont workers’ unionization drive
BURLINGTON, Vt. (AP) Global ice cream maker Ben & Jerry’s said Tuesday it supports a plan to unionize by the workers at a retail shop …
Historic building will soon be home to affordable housing opportunities
JACKSONVILLE, Fla. (AP) Construction is underway to build a new multifamily apartment community providing workforce housing in downtown Jacksonville. The Lofts at Cathedral at 325 …
New Key Biscayne Fitness only Black-owned business on the island
MIAMI, Fla.–A chance meeting as Uber passengers between Vince Smith and DeCue King turned into a business partnership of a lifetime. Smith and King, all …
St. Louis sues Kia, Hyundai over rash of car thefts
ST. LOUIS (AP) – A federal lawsuit filed Monday by the city of St. Louis accuses automakers Kia and Hyundai of failing to install industrystandard …
What to know about Alvin Bragg, Manhattan district attorney
Associated Press A New York grand jury investigating hush payments made on Donald Trump’s behalf during the 2016 presidential campaign has refocused attention on the …
Silicon Valley Bank collapse concerns founders of color
In the hours after some of Silicon Valley Bank’s biggest customers started pulling out their money, a WhatsApp group of startup founders who are immigrants …
Biden tells US to have confidence in banks after 2 collapse
By KEN SWEET, CHRISTOPHER RUGABER, CHRIS MEGERIAN and CATHY BUSSEWITZ Associated Press NEW YORK (AP) President Joe Biden insisted Monday that the nation’s banking system …
Fearless Foundation and Amazon’s Black Business Accelerator award $1 million dollars for their Black women entrepreneurs grant program
ATLANTA- Fearless Foundation, the philanthropic arm of Fearless Fund, the first venture capital fund built by women of color, for women of color, has partnered …
Black bankers statement on Silicon Valley Bank and Signature Bank
The National Bankers Association National Bankers Association (NBA) President & CEO Nicole Elam Esq. and Chairman Robert James II have released the following statement regarding …