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News Articles: black-owned businesses

Bob James, the outgoing president and CEO of Carver State Bank in Savannah, sits in his office at the bank's main branch on Martin Luther King Jr. Boulevard.

Tagged as: 

  • News

After half a century, Carver State Bank president Bob James is changing roles

When 24-year-old Bob James became president of Savannah's Carver State Bank in 1971, he was one of the youngest bank presidents in the country. Now, after more than 50 years at the helm of one of the country's few Black-owned banks, he says he's ready to hand over the bank's day-to-day operations to his son.

January 05, 2023
|
By:
  • Peter Biello
Serena Williams, professional tennis player and businesswoman, speaks during the Bitcoin 2022 Conference at the Miami Beach Convention Center in April in Florida.

Tagged as: 

  • Business

Serena Williams' new focus could help diversify the venture capital game

When the tennis megastar announced her plans to retire from competition last week, she said her future will involve a renewed focus on a venture capital firm she quietly founded eight years ago.

August 18, 2022
|
By:
  • Scott Neuman
April Ross is the owner of BeeTV in LaGrange, Ga.

Tagged as: 

  • News

Pivot Fund boosts media companies run by people of color

It’s rare these days to learn of news organizations expanding. That's especially true of small media companies that primarily serve Black and Hispanic communities. But in an effort to combat disinformation and connect underserved communities, the Pivot Fund announced last month that it’s giving out $2 million in its first round of grants to organizations throughout Georgia.

August 15, 2022
|
By:
  • Peter Biello
Hill Hall on the campus of Savannah State University. The building is in the classical revival architectural style, and features several pillars on the front exterior.

Tagged as: 

  • Business

New mentorship program at Savannah State aims to boost Black-owned business creation

A new collaboration between Georgia's oldest public HBCU and a network of volunteer business mentors will lend real-world expertise to aspiring entrepreneurs.

March 04, 2022
|
By:
  • Benjamin Payne
A store in Boston displays a sign noting its Black ownership on June 24, 2020. Black-owned businesses struggled to get coronavirus emergency loans last year, until community lenders stepped in to help.

Tagged as: 

  • Economy

Small Local Banks Make A Big Difference For Black-Owned Businesses Trying To Hang On

Black-owned businesses were often at the back of the line when the first coronavirus relief loans were doled out. Now, some are turning to banks that specialize in minority firms for help.

February 11, 2021
|
By:
  • Scott Horsley
Our Breakroom: Ed Sohn, Kathy Lohr, Kalena Boller, and Hector Fernandez

The Breakroom: Social Media Fails, Self-Driving Ubers, Trump's Opioid Crisis Plan

Today in the Breakroom we talked about this week's top stories. We were joined by Ed Sohn , the Vice President for Product Management and Partnership at...

March 26, 2018
|
By:
  • Adam Ragusea and
  • Fenly Foxen

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