Businesses

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News

Tennessee Rep. Justin J. Pearson blasts Trump’s Memphis federal ‘occupation,’ says Black businesses and residents are suffering

As the Trump administration continues to deploy federal agents and the National Guard in Memphis as part of its stated goal of reducing crime, Tennessee State Rep. Justin J. Pearson is blasting President Donald Trump‘s federal surge for negatively impacting the majority-Black city. Following U.S. Attorney General Pam Bondi’s visit to Memphis on Monday to meet with officers and tout the perceived success of the Trump-created Memphis Safe Task Force, Pearson slammed the ongoing operation, arguing that Bondi and the […]

todayNovember 26, 2025

News

Black businesses saw a boom under the Biden-Harris administration. Will they thrive under Trump?

In the final months of the Biden-Harris White House, the administration is touting significant gains for Black businesses over the past four years and working to ensure the successes will be cemented when President-elect Donald Trump and his administration take office. Isabel Guzman, the administrator of the Small Business Administration, told theGrio that the federal agency is working to “ensure that the legacy of Biden-Harris administration and these incredible reforms are stabilized and implemented and that we can see these […]

todayNovember 19, 2024 3

Economy

Black Founder of Innovative AI-Powered Loan Packaging Tool Revolutionizes Access to Capital for Small Businesses

In a groundbreaking move set to change the financial landscape for small business owners, Cynthia Nevels, the visionary behind Integrality, LLC, a Black woman-owned firm, has unveiled her latest innovation: an AI-powered digital loan packaging tool. This pioneering solution, designed to streamline the loan application process, aims to unlock $1 million in capital for small businesses, with a particular focus on empowering women-owned enterprises. To date her Black woman-owned accelerator, Start.Pivot.Grow., has awarded $52,000 in small grants and helped small […]

todayApril 11, 2024 1

News

Watch: Leaders aim to ensure rebuilding of Baltimore bridge includes minority businesses | The Hill with April Ryan

This week’s edition of theGrio’s “The Hill with April Ryan” takes a deeper five into the deadly collapse of the Francis Scott Key Bridge in Baltimore. On Friday, President Joe Biden will tour the site of the scene of the accident, which is in close proximity to the port of Baltimore – a major east cost hub for cargo vessels. Maryland Governor Wes Moore will join Biden for the Moore spoke to theGrio about the president’s financial pledge to rebuild […]

todayApril 6, 2024

Economy

Black Woman Owner of 3 Successful Businesses Named 2024 Enterprising Woman of the Year

Roslyn Ellerbee, a prominent Black woman entrepreneur based in Atlanta who is the owner of three successful businesses, has been awarded the prestigious 2024 Enterprising Woman of the Year title. This esteemed recognition is a testament to her outstanding achievements and leadership in the business community.Roslyn is the owner of three successful businesses, including Express Errands & Courier, Dream Team Digital Marketing, and Manifesting Greatness with Roslyn V-360° Business Coaching, Roslyn Ellerbee has demonstrated a remarkable commitment to excellence and […]

todayMarch 25, 2024 12

News

U.S. agency created to help minority-owned businesses land government contracts ordered to assist white companies also

NEW YORK (AP) — A federal judge in Texas has ordered a 55-year-old U.S. agency that caters to minority-owned businesses to serve people regardless of race, siding with white business owners who claimed the program discriminated against them. The ruling was a significant victory for conservative activists waging a far-ranging legal battle against race-conscious workplace programs, bolstered by the Supreme Court’s ruling last June dismantling affirmative action programs in higher education. Advocates for minority-owned businesses slammed the ruling as a […]

todayMarch 7, 2024 1

Economy

Founder Empowers Black-Owned Businesses to Hire Through Innovative Bartering Platform

Nicole Murphy is creating a sustainable future for Black-owned businesses beyond financial constraints with Barter Black®. With over 3.12 million businesses owned by Black entrepreneurs making up a vibrant part of the economy, yet less than 5% reaching the status of employer firms compared to a little over 80% of white-owned businesses, the need for a shift from financial to human capital becomes clear. This discrepancy highlights not just an economic divide but a pressing call for a community-centric approach […]

todayFebruary 15, 2024 2