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Media mogul Byron Allen pays $70M for Michigan TV station WJRT
After taking on General Motors and other automakers, media mogul Byron Allen is expanding his presence in Michigan, his home state. On Wednesday, Allen’s company, Allen Media Group, announced it would pay $70 million to buy WJRT from Gray Television. WJRT is the ABC affiliate in Flint-Saginaw. This deal […] Click here to view original […]
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“Shop While Being Black!”
Starting July 12th we will be introducing Black owned products and services in Metro Detroit , avid products all over the US. “Black On purpose will air every Monday on Youtube, and Instagram please subscribe. Black Economic Exchange Group mission is “Rebuild Black Wallstreet One Brick At A Time!”
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15 Essential Black-Owned Restaurants You Should Know in Dallas
From refined vegan eats to saucy smoked meats. Shoals Sound & Service To say that Dallas has grown over the past few years is an understatement. With major companies setting up shop and constant development in and around the Metroplex, there are plenty of people needing to be entertained—and […] Click here to view original […]
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What economic impact could Juneteenth as a federal holiday have on Arkansas?
While Juneteenth has been celebrated for decades, no data has ever been collected on the newly federal holiday to see what it’s economic impact could be in Arkansas. LITTLE ROCK, Ark — Many Juneteenth events were celebrated all across the Natural State last weekend for the first time as […] Click here to view original […]
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Juneteenth Jubilee Finally A Detroit thang On The Avenue Of Fashion
When President Joe Biden signed the bill to make Juneteenth a National holiday it was just in time for the Kickoff of Juneteenth especially in Detroit! Originally Juneteenth was always celebrated In Texas, and even across heavily populated areas of the south as early in the early 1950’s and 1960’s but all of sudden it […]
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Black and minority-owned business: The road to recovery
An August 2020 Federal Reserve Board report painted a dire portrait of the effects of COVID-19 on minority-owned business, especially in Black communities. Among all small businesses, the number of active business owners fell by 22% from February to April 2020, the largest drop on record. But the racial […] Click here to view original […]
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10 Celebrity & Black-Owned Marijuana Brands
Source: Monogram / MONOGRAM Now that marijuana is finally being legalized in numerous states across the U.S., the legal marijuana business is booming. Naturally the business is mostly occupied by white business men looking to make coin off the culture, but there are some Black and Brown-owned brands that […] Click here to view original […]
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Black Businesses Once Thrived Here. Is a Revival Coming?
GULFPORT, Miss. (AP) — There wasn’t much reason to leave the neighborhood. That’s what people remember about Soria City, one of Gulfport’s historic Black communities, during the mid-20th century. There was a taxi stand, a hotel, a movie theater and a laundromat. There were restaurants, nightclubs and grocery stores, […] Click here to view original […]
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Black-owned businesses hit hard during pandemic, but some are thriving
President Biden said Saturday that the Senate passage of his $1.9 trillion COVID relief package means the $1,400 direct payments for most Americans can begin going out later this month. Driving the news: The Senate voted 50-49 Saturday to approve the sweeping legislation. The House is expected to pass […] Click here to view original […]
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“15 Percent Pledge” calls on retailers to commit space to Black-owned businesses
Aurora James was frustrated when she would go to stores and see a lack of Black-owned brands on shelves. It was out of that frustration that the fashion designer decided she needed to be a part of the solution by disrupting business as usual. “I was so fed up […] Click here to view original […]