Business & Finance
Researchers to Study COVID-19 Impact on S.C. Restaurants
By Mike Robertson Researchers from the College of Charleston’s School of Business and Lander University’s College of Business are currently studying the effects of the COVID-19 pandemic on restaurant owners and operators in South Carolina. The research aims to explore current economic situations and perceptions regarding COVID-19. They also hope to find out if owners are able…
Read MoreNew Coalition Calls for Prioritization of Underserved and Rural Small Businesses in Coronavirus Response
The U.S. Black Chambers (USBC) is a founding member of a new coalition created to advocate for prioritized CARES Act funding for underserved small business owners. The Page 30 Coalition is named in recognition of Page 30 of the CARES Act, which reads: It is the sense of the Senate that the Administrator should…
Read MoreStill Concerned About Covid-19, U.S. Consumers Will Want More From Convenience Stores
Across the U.S. retail landscape, the convenience channel has been the offline channel to watch over the past year. With the country in the throes of the COVID-19 pandemic, the convenience channel is poised to be even more dominant as stay-at-home restrictions are lifted. Last November, Nielsen forecasted that the U.S. convenience channel would grow faster than…
Read MoreNAACP Black Media Forum Excludes Black Newspapers
By Hazel Trice Edney (TriceEdneyWire.com) – A recent NAACP “Black Media Speaks” forum plummeted into a conversation in which the future of hard-copy Black-owned newspapers was all but pronounced dead. To the shock of some of the members of the National Newspaper Publishers Association (NNPA), A federation of more than 200 Black-owned newspapers, there was not…
Read MoreNFL Announces Major Steps to Incentive Teams to Hire Minorities for Top Posts
By Stacy M. Brown, NNPA Newswire Senior Correspondent @StacyBrownMedia National Football League teams must now interview at least two minority candidates for head coaching positions under new resolutions that the league hopes will improve diversity among its 32 teams. In an expansion of its Rooney Rule, which had previously called on teams to interview minority…
Read More25-year-old who launched now $10M Carrier launches smartphone brand
Chaymeriyia Moncrief is a tech entrepreneur from Alabama who is the founder and CEO of prepaid wireless carrier, Tesix Wireless™ Network. She turned down a $4.4M takeover offer, raised over $5M, and ended the 2019 year with a $10M valuation. Now, she is taking on an even bigger technology sector: smartphones and electronics. As a wireless…
Read MoreMagic Johnson Announces $100 Million in Loans for Business Owners of Color
Since April, when the $2 trillion COVID-19 Stimulus Bill was passed and the Small Business Administration’s Paycheck Protection Program (PPP) began to address COVID-19’s financial hits, the first study to look at the novel coronavirus’ impact on Black and Latinx business owners, conducted by the Color Of Change and UnidosUS, found that 45 percent of these businesses will have to close by the end of the year, and only one in…
Read MoreMassive Die-Off of Fish on Nigerian Coastline Linked to Toxic Discharge
An immense blanket of dead fish stretching across three states has sparked anger and frustration among communities along the Atlantic Ocean coastline in Nigeria. The area is known for oil spills that have polluted the waters and left fish and other wildlife inedible. The massive die-off was first reported in February when community people in…
Read MoreOne Region Releases Strategy and Guidelines to Safely Reopen Tri-County Area
One Region, a collaborative initiative focused on building a stronger, more inclusive regional economy, has released phase one of re|IGNITE, a plan to safely reopen businesses in Berkeley, Charleston and Dorchester counties. The strategy and guideline documents can be viewed at OneRegionReIGNITE.org. re|IGNITE includes high-level recommendations on how and when to safely reopen in a…
Read MoreAs Job Losses Mount, Palmetto Project Reminds Consumers that Affordable Health Coverage is Still Available
With unprecedented unemployment during this public health and economic crisis — including South Carolinians who filed 415,635 new unemployment claims between March 7th and April 25th — an estimated 375,000 will lose their job-based health insurance by June. Palmetto Project’s Insure SC team can help these people secure comprehensive and affordable coverage, but they must…
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