Business & Economy
Samsung Electronics America is relocating its U.S. headquarters to Texas, marking another high profile corporate move to the Lone Star State and adding to Texas’ growing reputation as a destination for major businesses seeking a more favorable operating environment. RELATED: Southwest Responds to Criticism with New Free Seating Policy LOCAL: Houston Man Accused of Selling […]
Six years after Citigroup pulled back the curtain on the staggering costof discrimination, the U.S. economy stands at a crossroads. Will wecash the equity check or continue to pay the price of exclusion? In 2020, Citigroup released a report that sent shockwaves through boardroomsand legislative chambers alike: the U.S. economy had bled $16 trillion over […]
United Airlines CEO Scott Kirby announced that the airline is no longer pursuing a merger with American Airlines after American declined to engage in talks. Kirby had approached American about exploring a combination to benefit customers, but American publicly closed the door on the idea. Kirby emphasized that any merger would have required regulatory approval […]
Experts warn that a proposed bailout of Spirit Airlines could encourage more struggling companies to seek federal ownership stakes to survive.
Karen S. Carter has been appointed as the new CEO of Dow, becoming the first Black woman to lead the company in its 126-year history. With a background in various roles within the company, Carter is set to take over from the current CEO, Jim Fitterling, who will move into an executive chairman role. Despite […]
Ford has issued another recall, this time affecting 422,613 full-size SUVs and heavy-duty pickups due to faulty windshield wipers. The National Highway Traffic Safety Administration warns that the windshield wiper arms may break, leading to reduced visibility and an increased risk of a crash. Ford will inspect and replace the wiper arms for free, with […]
Thursday saw the largest one-day spike in oil prices, with the average price of gas reaching $4 across America for the first time since 2022.
Across boardrooms, startups, and global corporations, Black women are not just participating in business. They are leading it, reshaping it, and building legacies that create real generational wealth. For decades, Black women have had to navigate systemic barriers in business, from limited access to capital to underrepresentation in executive leadership. Yet, despite those challenges, they […]
Sam’s Club is increasing its membership fees, with the basic annual Club membership going from $50 to $60 per year and the Plus membership increasing from $110 to $120 per year. While the price hike isn’t significant, it may impact current members’ decisions. The convenience of bulk shopping at Sam’s Club, especially for non-food items, […]
The conflict in Iran has led to a surge in oil prices, with crude surpassing US$100/barrel due to a halt in tanker traffic through the Strait of Hormuz. This closure has caused oil producers to reduce output, disrupting global supply chains and raising inflation risks. The article provides insights into the usual volume of oil […]
The NAACP put its full support behind the Living Wage For All bill, which aims to raise minimum wage to at least $30 in NY and $25 federally.
Walgreens is closing its Houston Distribution Center, resulting in the layoff of 159 employees starting around June 1. The company plans to streamline service and deliveries from its Waxahachie Distribution Center. Walgreens expressed gratitude to the Houston team for their contributions and believes that consolidating operations will improve customer service and reduce workload for store […]
