ownership
Yet another Canadian community newspaper chain is going to court under our bankruptcy laws, but again it has nothing to do with it going out of business. This time it is more a legal power play to force its sale to largely American interests over the objections of its minority owner. Surrey, BC-based Black Press, […]
President Joe Biden will visit Milwaukee on Wednesday to speak at the Wisconsin Black Chamber of Commerce on how his economic policies have led to a “boom” for Black small businesses. File Photo by Alex Wroblewski/UPI Dec. 20 (UPI) — President Joe Biden will travel to Wisconsin Wednesday to highlight the growth of Black business […]
In the heart of Mississippi’s second-leading county for crop production, historic Bolivar County, Delta Diamond Ag LLC stands as the first Black-owned multi-grain elevator, following a recent acquisition. Led by Leigh Allen, whose family’s roots span five generations in the Delta, Delta Diamond is a symbol of heritage and advancement. It’s also a reminder of […]
Nearly 25% of new entrepreneurs in 2021 were Latino, the typical Latino employer saw 25% increase in revenues over the pandemic and recovery WASHINGTON – Today, in recognition of Hispanic Heritage Month, the U.S. Department of the Treasury released a report card showing that Latino business ownership and revenues in the U.S. are up, and […]
June 29 (Reuters) – Australian financial conglomerate Macquarie Group Ltd (MQG.AX) said on Thursday that a fund managed by its asset management arm had signed an agreement to divest its ownership of U.S.-based port terminal operator Ceres Terminals Holdings LLC.
A Black couple settled their lawsuit against a real estate company which had estimated the pair’s Northern California home to be worth nearly $500,000 less than when a white friend pretended to be its owner, the plaintiff said Wednesday. Tenisha Tate-Austin and Paul Austin sought to refinance their mortgage in late 2020 so they brought […]
Working to bring more black ownership to micro breweries in the US – CW Atlanta Watch CBS News Kuumba Smith has grand plans. He is working to make Smittox Brewing the first black-owned brick-and-mortar brewery in North Texas by this coming summer. Be the first to know Get browser notifications for breaking news, live events, […]
In early 2021, the International Franchise Association (IFA) launched the historic Black Franchise Leadership Council as part of the long-established Diversity Institute. The council aims to increase business ownership and generational wealth among Blacks. About 30% of
WILMINGTON, Del., Dec 7 (Reuters) – A U.S. judge this week is considering for the first time the question of who owns bitcoin and other tokens in frozen accounts at a bankrupt digital asset exchange in a case that could shape customer protections in the cryptocurrency industry. U.S. Bankruptcy Judge Martin Glenn in New York […]
FARMINGTON, Wash. – Among the many surprising assets uncovered in the bankruptcy of the cryptocurrency exchange FTX is a relatively tiny one that could raise big concerns: a stake in one of the country’s smallest banks. The bank, Farmington State Bank is an hour’s drive south of Spokane in Whitman County near the Idaho border. […]