Business - Page 17

GA Lt. Gov. Jones Pushes Plan to Eliminate Income Tax

Written By Lexx Thornton The man who wants to be Georgia’s next governor has put in place a plan to eliminate the state’s income tax. “Last year, nine states cut individual income taxes, and three others cut corporate income taxes,”Jones said. “Among southeast states, only South Carolina currently has a higher income tax rate than Georgia. If we wish to remain the number one state for business and keep our state competitive, we must expand on the progress made over the past four years to eliminate Georgia’s income tax. “It is vital the Senate lead the effort to continue reducing

AT&T Offers $50K Grant to Empower Women Entrepreneurs

Written By Lexx Thornton AT&T is marking a 5-year milestone of showcasing inspiring women who are paving the way for the next generation. To celebrate, AT&T is offering $50,000, a free year of AT&T service with a new device, along with the full support of the She’s Connected by AT&T platform. This is a grant program that can help take your business to the next level. Four additional winners will receive $5,000 each.   If you are a woman founder in tech, beauty, events, health, or community impact, this is your moment to shine. You can also nominate someone else that

Intuit Expands IDEAS Program to 9 Cities, Adds Vet Cohort

Written By Lexx Thornton Intuit Inc., the global financial technology platform that includes Intuit Mailchimp, TurboTax, Credit Karma, and QuickBooks, announced today the national expansion of the Intuit IDEAS (Invest, Develop, Empower, Accelerate, and Scale) accelerator program in partnership with the National Urban League. The program has begun accepting applications and will expand to nine cities across the United States and a nationwide cohort consisting of only veterans and military spouse entrepreneurs.   Intuit IDEAS, launched in Los Angeles and then expanded to Atlanta and Philadelphia, helps small businesses grow and save time by pairing Intuit’s AI-driven products, services, and experts

North Carolina Named Top State for Business in 2025

Written By Lexx Thornton With a solid economy, a world-class workforce, and a wealth of corporate hospitality, NorthCarolina is America’s Top State for Business in 2025. The Tar Heel State is on a roll. It captured top honors in the annual CNBC rankings in 2022 and 2023, and it was runner-up in 2021 and 2024—missing the top spot last year by just three points to Virginia, which slips this year to its lowest position among states since 2018. “North Carolina offers the ideal combination of talent, infrastructure, and forward-thinking leadership to support our mission to reshape aviation,” said Tom O’Leary,

Judge Blocks CFPB Rule to Erase Medical Debt Reports

Written By Lexx Thornton A federal judge has blocked a rule issued by the Consumer Financial Protection Bureau in January that would have removed unpaid medical debt from the credit reports of about 15 million consumers. The ruling, issued Friday by Judge Sean Jordan of the U.S.District Court of Texas’ EasternDistrict, orders that the rule be vacated because of the court’s finding that the CFPB exceeded its authority under the Fair Credit Reporting Act. After the CFPB issued the rule in January, theCornerstone Credit Union League and the Consumer Data Industry Association, a trade group for the credit reporting industry,

Wall Street Slips on Tariff Fears, Earnings Season Ahead

By Jesse Pound U.S. equity futures slid early Monday as Wall Street contends with continued tariff risks and second-quarter earnings on deck. Futures for the Dow Jones Industrial Average fell 140 points, or 0.3%. S&P 500 futures and Nasdaq 100 futures also dropped 0.3% each. President Donald Trump said Saturday that the U.S. will impose 30% tariffs on the European Union and Mexico starting Aug. 1. Leaders of the EU and Mexico indicated they intend to keep talking with the Trump administration this month in an attempt to agree on a lower rate. The announcement comes ahead of inflation readings this week, which will give investors a better sense of how

Anosh Ahmed Faces $900M COVID Fraud, New Federal Charges

Written by Lexx Thornton Anosh Ahmed, the former CFO of Chicago’s Loretto Hospital who was charged with embezzlement in 2024, is facing new federal charges that accuse him of nearly a billion dollars of attempted fraud.   In his second federal indictment in two years, federal prosecutors allege Anosh Ahmed, the former CFO and COO of Loretto Hospital, a 122-bed safety-net hospital on Chicago’s West Side, perpetuated a $290 million fraudulent billing scheme by using stolen patient information to submit fake COVID-19 testing claims to the federal government.   In total, Ahmed and his associates allegedly received less than a third of

T-Mobile Ends DEI Programs Amid Regulatory Pressure

Wireless carrier T-Mobile says it is ending its diversity, equity and inclusion programmes, under pressure from the Trump administration as it seeks regulatory approval for two major deals. The Washington state-based company said in a letter to Federal Communications Commission Chair Brendan Carr, made public on Wednesday, that the wireless company is ending its DEI-related policies “not just in name, but in substance.” T-Mobile said it will no longer have any individual roles or teams focused on DEI, is removing any references to DEI on its websites, and has removed references to DEI from its employee training materials. Carr said he was

Abortion Bans Cost U.S. Economy Over $133 Billion Annually

Written By Lexx Thornton In the three years since the overturn of Roe v. Wade, the human and economic toll of abortion restrictions remains staggering, impacting all women. The latest estimates show that the 16 states with the most restrictive abortion policies1 are responsible for over $64 billion in annual economic losses. That amount could fund the average health care costs associated with pregnancy, childbirth, and postpartum care for nearly all the 3.6 million births in the United States in 2024. And $64 billion only reflects the impact of the most severe restrictions, like total or near-total bans on abortion.

Mayor Scott’s Youth Strategy Cuts Crime in Baltimore

Written By Lexx Thornton Baltimore is making headlines for all the right reasons this summer. Under the leadership ofMayor Brandon Scott, the city is proving that real investment in young people and communityspaces can lead to real results. Thanks to bold investments in youth and community, his summer strategy is delivering real results with crime reportedly down and the numbers don’t lie. Read more inside. Baltimore Mayor Brandon Scott is showing the nation how it’s done. Baltimore is experiencing one of its lowest homicide rates in decades, with overall crime reportedly down nearly 23 percent compared to this time last

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