Business - Page 18

JetZero Picks NC A&T for $4.7B Aviation Facility Boost

JetZero has announced a $4.7 billion investment to build a next-generation aviation production facility at Piedmont Triad International Airport (PTI) in Greensboro, North Carolina. The move will create more than 14,500 new jobs, making it the largest job announcement in the state’s history. At the center of this groundbreaking development is North Carolina A&T, the nation’s largest HBCU. JetZero’s facility will produce the Z4, a revolutionary commercial aircraft with an all-wing design. The plane seats 250 passengers and offers up to 50% improved fuel efficiency compared to current models. The factory will be powered by artificial intelligence and digital systems

Bank Warns of Dollar Collapse Amid Debt and Tariff Risks

By Lexx Thornton Bank of America has issued a stark warning to investors, citing rising U.S. debt levels and the possibility of renewed tariffs as key risks to the dollar’s stability this summer. In a note to clients, the analyst said the greenback could face a “significant decline” in Q3 if fiscal discipline doesn’t improve and global trade tensions escalate. The warning follows May’s $1.1 trillion budget deficit projection and recent rhetoric out of Washington suggesting higher import taxes may return ahead of the election season. If the U.S. dollar collapses—meaning it rapidly loses its value and status as the

Morris Brown Welcomes Job Corps Students After Shutdown

Written By Lexx Thornton After the nationwide shutdown of Job Corps program, Morris Brown College is stepping up.President Dr. Kevin James who once taught at Job Corps is personally inviting displaced students to apply and find a new academic home at the historic HBCU. With full accreditation and access to federal financial aid, Morris Brown is ready to support their next chapter. Counselors are on standby to help students to enroll and keep their goals on track. Welcoming former Job Corps students can help Morris Brown College (MBC) with both enrollment growth and financial stability in several key ways. Enrollment

FOCUS Empowers HBCU Men at B2T Summit for Change

What began as a senior capstone project at Virginia Union University has grown into a transformative movement now gaining national attention. Rodney Manning Jr., a May 2025 graduate of Virginia Union University (VUU), launched FOCUS (Financially Optimistic College Men Uplifting Society)—with a mission to equip young Black men with financial knowledge, leadership skills, and a commitment to community advancement. His journey—and the growth of FOCUS—reached new heights during the 2025 Bridge 2 Technologies (B2T) Global Summit, held May 29–30 in Manhattan, NY. Joined by Tyriek Crutchfield, a rising senior at Benedict College, Manning represented the FOCUS initiative at this prestigious

How Enslaved Black Women Built America’s Slave Economy

Written By Lexx Thornton What if I told you that Black women’s wombs were once seen as tools to grow the slaverybusiness? I’m not talking just as human beings, but as machines to produce more slaves! Let’sdive into one of the biggest cycles that ran America. You hear of the men who built America such as Cornelius Vanderbilt, John D. Rockefeller, Andrew Carnegie, J.P. Morgan, and HenryFord. But we fail to hear about what ran America, until now. During slavery in America, something terrifying was made legal without any hesitation. A child born by an enslaved black woman would automatically

T.D. Jakes Hosts Good Soil Forum to Empower Black Business

Written By Lexx Thornton Bishop T.D. Jakes wants to help Black entrepreneurs build wealth and he’s using the Good Soil Forum to reach them. With over 300,000 Black women reportedly losing jobs in the past threemonths, Bishop T.D. Jakes is speaking out about the economic challenges facing Black communities. One way he hopes to address them is through his Good Soil Forum conference, which is taking place in Dallas, TX, this week. The world is shifting and the economy is evolving. In an era of change, uncertainty, and rapid digital transformation, entrepreneurs, investors, and thought leaders are uniting to provide

Bill Gates Pledges Fortune to Africa Over Next 20 Years

Written By Lexx Thornton Africa has been on the rise and shows no signs of slowing down. Microsoft co-founder Bill Gates has revealed what he plans to do with his $200 billion fortune, saying most of his money will go to the motherland. Gates appeared at the Nelson Mandela Hall at the African Union in Addis Ababa, Ethiopia where he revealed that he intends to donate the bulk of his fortune to Africa through his foundation over the next 20 years. Gates previously said that his goal was to support causes that would help save and improve lives across the

Nissan Donates $250K to Support Mississippi HBCUs’ STEM

By J.T. Mitchell Nissan is donating $250,000 to Mississippi’s seven Historically Black Colleges and Universities, according to an announcement made by the automaker Wednesday. For the 11th consecutive year, Nissan is donating to the following HBCUs: Alcorn State University, Coahoma Community College, Hinds Community College – Utica Campus, Jackson State University, Mississippi Valley State University, Rust College, and Tougaloo College. The support comes through Nissan’s Mississippi HBCU STEM Initiative, which was founded in 2014 and aims to support and encourage innovative programming serving Mississippi students and strengthening the science, technology, engineering, and mathematics workforce. “I’m particularly proud as an alumnus

Google Settles Racial Bias Lawsuit for $50 Million

Written By Lexx Thornton Google agreed to pay $50 million to settle a lawsuit accusing the search engine company of systemic racial bias against Black employees. A preliminary settlement covering more than 4,000 Google employees in California and New York was filed on Thursday evening in the Oakland, California federal court, and requires a judge’s approval. Plaintiffs in the proposed class action said Google has a “racially biased corporate culture” where management steers Black employees to lower-level jobs, pays them less, downgrades their performance ratings, and denies them opportunities to advance. According to the complaint, Black employees comprised only 4.4%

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