Business

Black entrepreneurs in the South and Washington D.C. have the highest concentration of Black-owned employer businesses, with transportation being the most prevalent industry.

Providing health insurance as an employee benefit can decrease turnover, enhance retention, and foster a healthier, more productive workforce, making it a prudent financial decision for small businesses in 2025.

Despite the president's executive order ending DEI initiatives within federal agencies and threatening private companies that use them, companies such as Johnson and Johnson, JPMorgan Chase and Co., Goldman Sachs, and Costco are reinforcing their commitments to DEI, citing the advantages of a diverse work environment and workforce.

Meta is discontinuing its diversity, equity, and inclusion initiatives in response to evolving legal and policy frameworks, shifting its focus to equitable and consistent practices aimed at reducing bias for everyone.

The Federal Trade Commission has documented a significant increase in online job scams, with task scams comprising nearly 40% of job scam reports in 2024, and cryptocurrency-related losses totaling $41 million in the first half of 2024.

Racetrac has installed electric vehicle chargers at its stores, noting that they have increased sales and attracted more visitors, demonstrating that EV charging stations can be beneficial to businesses.

The Joint Center for Political and Economic Studies has urged for increased diversity among Senate staff, warning that the current lack of diversity may exacerbate existing inequalities rather than address them.

TikTok has failed to overturn a law that may lead to its ban in the United States, as the US Court of Appeals for the District of Columbia upheld the legislation.

Dr. Carl Mack is urging Black Americans to celebrate December 6 as Black Freedom and Economic Day by exclusively supporting Black-owned businesses, in recognition of the date that slavery was abolished in the United States.

Spirit Airlines plans to operate business as usual while it begins to work on its $3.1 billion in long-term debt, but travelers should be aware of potential changes to the airline's frequent flyer program and routes in the future.