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…

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Still 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…

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NAACP 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…

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NFL 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…

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Magic 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…

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One 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…

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As 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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