St. Louis, MO — As Cannabidiol (CBD) use becomes more mainstream, demand for these products continues to grow. With a projected value of $20 billion by 2024 in the U.S. alone, CBD is opening the industry up to new business owners. In such a saturated market, how do the leaders rise to the top? Announced…
Category: Economics
$20B discrimination claim against Comcast hits Supreme Court this week
Comcast called the case “meritless.” Morning Business Outlook: Comcast says it plans to launch its streaming service, which will be home to ‘The Office,’ in April; Pizza Hut is experimenting with a ‘vending machine’ format to cut down waiting in lines. The National Association of African American-Owned Media’s claims of racial discrimination by cable TV giant Comcast…
Black Lottery Winner Invests Winnings Into Rebuilding Fla. Black Business Community
Miguel Pilgram highlights where he plans to build a jazz lounge in the Sistrunk Boulevard area of Fort Lauderdale, Fla. (Pilgram Group via Facebook) After winning millions in a lottery jackpot, a Florida man has decided to use his money to revive a district once known for thriving black businesses. “This commitment that I feel,…
Leaders see West Philly store as model for community hub
Deadly Arctic blast is breaking records set more than 100 years ago PHILADELPHIA (KYW Newsradio) — A West Philadelphia community hub that’s helping clean up the streets is getting attention from local leaders who want to replicate the model. It’s helping revive a once depleted neighborhood. © Provided by Entercom Radio, LLC For the last…
Jackson State University Student Lamonte Pierce Invents Straw That Filters Lead Out of Water
A Jackson State University student invention will help against lead problems in drinking water. Lamonte Pierce invented and patented a straw that he says filters lead and other contaminants from drinking water. Pierce created the Cleanstraww because he grew tired of getting boil-water alerts from the city of Jackson, Mississippi.
Prominent Black Leaders Part of New $10 Million Fund to Make Loans to Black Businesses
JERSEY CITY, NEW JERSEY – OCTOBER 24:(L – R) Derrick Chambers, Archbishop David Billings, Doug Naidus, and Ed Towns attends the World Business Lenders Fall Social on October 24, 2019 in Jersey City, New Jersey. (Photo by Bennett Raglin/Getty Images for World Business Lenders) Black small business owners starting or expanding a business can now…
