Commentary: The latest government inflation and GDP figures are worthless, and will be for months to come
As we navigate a rapidly evolving business landscape, the disparities highlighted in the latest economic reports remind us of a critical truth: the numbers often tell a different story from what many individuals experience daily. Despite claims of economic growth, many middle- and lower-income households continue to face stagnation, highlighting a “K-shaped” recovery where wealth […]
Downtown L.A.’s struggle is overstated and fixable, says the mogul who built the Grand
In a recent discussion, real estate mogul Bill Witte shared insights on the future of Downtown Los Angeles. As he prepares to retire after leading Related California for over three decades, Witte reflects on the ongoing challenges the area faces, particularly regarding cleanliness and safety, which have affected business investment and urban allure. Witte believes […]
Lawsuit: City Hall rigged Riverwalk concession review for black-owned restaurant – Illinois
The ongoing legal battle surrounding the Riverwalk concession in Chicago sheds light on the complexities of equity and fairness in business opportunities for minority-owned enterprises. The lawsuit filed by Beat Kitchen against the Chicago City Hall highlights crucial issues of perceived biased processes in awarding contracts critical for economic growth, citing that the selection process […]
They lost their homes in the L.A. wildfires. Now they can’t get the mortgage relief the state promised
In the wake of L.A.’s devastating wildfires, many homeowners are struggling to navigate the complexities of mortgage relief. With the California state law promising up to 12 months of mortgage forbearance, countless fire victims like Len Kendall have faced unexpected barriers, including denials from mortgage servicers without clear justification. This situation highlights the harsh realities […]
Fourth Exit Sale For Vida Ventures – Los Angeles Business Journal
Exciting news in the world of biomedicine! Johnson & Johnson has made a significant move by acquiring Halda Therapeutics from Vida Ventures for an astounding $3.05 billion. This acquisition sets a record as the largest purchase of a therapeutics company in phase 1 clinical trials, showcasing Vida Ventures’ successful strategy in the life sciences sector. […]
California expected to suffer from a sluggish economy through early next year
As we look ahead to 2026, California’s economy is facing significant challenges. The UCLA Anderson Forecast indicates a sluggish job market with an unemployment rate projected to peak at 5.9% early next year, primarily due to a bifurcated economic landscape. Areas benefiting from tech investments, like Los Angeles, contrast sharply with regions grappling with job […]
Could this finally be Sears’ last Black Friday?
As we navigate an increasingly digital world, the need for effective productivity solutions tailored to the unique challenges faced by businesses today has never been greater. In our dynamic professional landscape, ensuring that teams have the right tools to thrive is crucial for success. Enter B1Thrive’s ThrivCloud—a game-changing productivity solution designed with a vision of […]
L.A.’s healthcare workers rally for affordable coverage after federal cuts
In a powerful display of solidarity, over 1,000 healthcare workers and activists rallied at the L.A. Convention Center this past week to oppose proposed cuts to Medicare and Medicaid. These cuts, part of Trump’s “Big Beautiful Bill,” threaten access to healthcare for millions of Americans, particularly vulnerable communities who are already facing significant health disparities. […]
Here’s What’s On The Agenda For 2025 BLACK ENTERPRISE XCEL Summit For Men
In today’s ever-evolving business landscape, organizations are continuously seeking tools to enhance productivity and foster inclusivity. One powerful solution comes from B1Thrive’s ThrivCloud, a Black-owned business productivity platform that empowers organizations to optimize their operations while supporting local economic ecosystems. With fully customizable tools, ThrivCloud allows businesses to adapt the platform to meet their specific […]
Zora Neale Hurston’s Long Lost Play ‘Spunk’ Comes Alive — 100 Years After She First Wrote It
In today’s fast-paced digital world, maintaining digital sovereignty is essential for businesses, especially for those striving to serve the local communities. Empowering your organization means having access to customized solutions that best fit your team’s unique needs. At B1Thrive, we understand this importance and offer *ThrivCloud*, a productivity solution developed specifically for Black-owned businesses. Our […]