Carver Bank Receives $14.6 Million Grant from Morgan Stanley

Grant enables Carver to buy back shares and bolster its capital position to help weather the economic impact of COVID-19 in the wake of...
Byron Allen acquire WCOV-TV - AMB Logo

Byron Allen signs $28.5M purchase agreement for Montgomery, AL FOX affiliate

Media mogul Byron Allen has signed a purchase agreement to acquire WCOV-TV, a Fox affiliate in Montgomery Allen – bringing Allen Media Broadcasting’s holdings...
Billions for Black minority businesses

VP Harris, Treasury Dept. announce billions for Black, minority businesses

Billions for Black minority businesses. Black-owned businesses are getting a major boost from the fed government.  Vice President Kamala Harris and Treasury Secretary Janet...
Small Businesses

Saving Small Business Requires All of Us

There are over 240,000 small businesses in New York City. These businesses are the lifeblood of New York City’s economy, providing jobs in our...

A BANK SHINES IN CRISIS

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In his 30-year span in banking, Michael T. Pugh has earned the reputation of being a problem solver. As such he certainly can be...
US Unemployment rises for Blacks

US unemployment falls in December but rises for Blacks

The US unemployment rate fell to 3.9% in December, but not all demographic groups are seeing the decline.  According to the Bureau of Labor...
Turning gas-powered buildings greener

Bklyn startup BlocPower raises $30M from Microsoft to “turn buildings into Teslas”

Turning gas-powered buildings into much greener, electric-powered ones is what the Brooklyn-based startup has done in nearly 1,200 residential buildings during its seven years...
Advancing Black pathways - Home schooling

Advancing Black pathways:  Bringing racial equity to the financial services system

Last December, Byna Elliott joined JPMorgan Chase & Co. to lead Advancing Black Pathways, the firm’s strategy to strengthen the economic foundation of the...

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