The Woodforest CEI-Boulos Opportunity Fund, a high-impact commercial real estate Opportunity Zone fund established by Woodforest National Bank® and CEI-Boulos Capital Management, announced its $2 million equity investment in the redevelopment of the historic, long-shuttered St. James Hotel in Selma, Alabama. The St. James Hotel, the only hotel in downtown Selma, will support the city’s […]
Business
Urban One Chairwoman, Cathy Hughes, Congressional Recognition And NABJ Hall Of Fame Accolades
SILVER SPRING, Md. – Urban One, Inc. Executive Vice President and Chief Adminstrative Office Karen Wishart announced today Founder and Chairwoman, Cathy Hughes and CEO Alfred Liggins III, have received Congressional commendations for Urban One’s 40-year anniversary and its impact on the national media landscape. Congressional leaders, the Honorable Eleanor Holmes Norton of the District […]
Registered Nurse and Marijuana Mom Debi Madaio Launches Change.org Petition Requesting New Jersey Governor Phil Murphy Grant a Recreational License to Her NJWeedman’s Joint Restaurant
Debi Madaio is the co-owner of NJWeedman’s Joint, a popular marijuana-themed eatery, located in Trenton, NJ, across the street from Trenton City Hall. Madaio has launched a Change.org petition, urging Governor Phil Murphy to grant her small business a recreational license so that she and her family will have inclusion in New Jersey’s newly legalized […]
Young Black Sibling Entrepreneurs Billy Wright II and Bree Wright Beat Pandemic Odds Open “Plenty of Fish Seafood” Eatery in the High Desert
Lancaster, CA – The dry and arid Antelope Valley region, located right outside of bustling Los Angeles, is not a locale that makes one think of mouthwatering seafood meals. Add the current pandemic to the equation, and the odds seem even more unbeatable. However, two young sibling entrepreneurs had a master plan and stuck to […]
Historical Barriers and Structural Inequalities Still Account for Black-White Homeownership Gap
Washington, DC – The National Association of Real Estate Brokers, Inc.(NAREB) issued the 2020 edition of its State of Housing in Black America (SHIBA) report with a stark warning: Without major changes in public policy, restructured mortgage lending criteria, increased down payment assistance, and an extended forbearance period needed by homeowners experiencing severe financial burdens […]
The Kingdom Has Come with KingdomPay, a Revolutionary Black Owned Social Mobile Banking App
LOS ANGELES – The Covid-19 pandemic, coupled with the recent civil unrest, has created a tumultuous climate for unheralded change. Inspired with a vision for empowering communities of color while bridging the racial wealth gap, comedian/actor/producer and now FinTech entrepreneur Brandon T. Jackson and Technology Pioneer Mark Bush knew it was time to catalyze these […]
Advocates Tackle Bolstering Black Entrepreneurship In Town Hall On The State Of Black Business
By J. Cunningham – Black business leaders and supporters strategized on solutions to save African-American livelihoods at a recent virtual town hall on the state of Black-owned businesses. The panelists discussed the specific needs of the more than two million Black-owned businesses in the United States and what should be done to ensure they survive […]
Howard University Receives Transformative Gift from Philanthropist MacKenzie Scott
WASHINGTON – Howard University proudly announces a generous $40 million gift from author and philanthropist MacKenzie Scott. A former pupil of Howard alumna Toni Morrison, Scott’s gift marks the largest gift from a single donor in school history. “I would like to thank Ms. MacKenzie Scott for her investment into Howard University and our 153-year […]
Hip-Hop: A Vibrant Stamp on the Culture Stamps Available Today at Local Post Offices
The U.S. Postal Service, together with the Universal Hip Hop Museum, today unveiled new Hip Hop stamps to celebrate the many facets of this popular and artistic culture. These Forever stamps are now available at Post Offices nationwide and at usps.com/hiphop. News of the stamps is being shared using the hashtag #HipHopPostageStamps. The stamps were […]