Minority Business News
WASHINGTON – The economic status of African-Americans and the “crisis-level” income gap between the rich and the poor was the agenda of this year’s State of the Black Press luncheon Friday at the National Press Club in D.C. The event, sponsored by the National Newspaper Publishers Association Foundation, featured discourse among journalists and financial experts about the different factors affecting Black economics, including the crippling recession that some said wiped out gains made by middle-class Blacks during the recent recession. “The recession supposedly ended in 2009 but there are still adverse effects,” said economist Valerie Wilson, who works with the D.C.-based Economic Policy Institute. “At the rate of recovery that is taking place we will not reach pre-recession employment levels possibly until 2018.”
In "Common Anomaly," 16-year-old Evan White gives timely practical financial advice
Evan White is a teen finance wizard. At the tender age seven, he began looking into all things business after earning his first dollar doing household chores. At age 10, he began watching Bloomberg TV and got interested in the stock market. A year later, he asked his father for a proxy online stock trading account and started investing. Now, at age 16, White teaches teens the basic and fundamental concepts about business construction and business finance in his newly published book, titled Common Anomaly. COMMON ANOMALY Business Basics and Fundamentals For Teens
If you weren’t paying attention, veteran conservative commentator Armstrong Williams is becoming a “media mogul” having purchased a trio of TV stations in transactions that were part of a number of larger TV acquisition deals brokered by Sinclair Broadcasting Inc. Much could be said about how Williams’ connection to conservative Republicans enhanced his entrance into the realm of media ownership. Over the years, Williams has become a multi-media manager and now an owner. Williams is a third-generation Republican. A Williams’ company, Howard Stirk Holdings, LLC, announced that it has completed negotiations to acquire TV stations WEYI in Flint, Mich., WWWB in Myrtle Beach, S.C. and WMMP in Charleston, S.C. The name “Howard Stirk” is taken from Williams’ mother’s maiden name, Howard, and his father’s middle name, Stirk.
This week's edition of “NCDOT Now,” the department's weekly video news update, is now online. Just click below to watch it.
Our accelerated bridge program is the proud recipient of a national excellence award. Find out how it’s making a difference in the health of our state’s transportation system. A Raleigh DMV employee is the first person honored with the Governor’s Service Award. We’ll explain why his commitment to assisting customers earned him this accolade. From the DMV mobile unit to Safety City, we had a significant presence at the North Carolina State Fair. See how many thousands of people we served during the 10-day event.
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- NCDOT Sending $145.6 Million in Powell Bill funds to Municipalities Across the State
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- Business Lessons I’ve Learned as a Small Business CEO
- This week's edition of NCDOT Now: Federal judge makes an important ruling in the Bonner Bridge lawsuit