May 9, 2025

Black Businesses Continue to Face Down the Pandemic

By: Gregory Smith, Howard University News Service During the pandemic, Black businesses have faced challenges. Some were forced to close or nearly shut down, while others were fortunate to have an uptick in business. Black businesses were hit the hardest and had to adapt quickly to the mandatory shutdowns across the country while everyone was […]

Congress Members Urge Vaccination During Black Press Week

Evans said the Biden-Harris administration, which is touring the country to discuss the American Rescue Plan’s importance, believes the Black Press is essential in getting the word out.

“Protect your children and your grandchildren, protect those who you come in contact with,” Congressman Clyburn stated during the annual National Newspaper Publishers Association Fund’s (NNPAF) Black Press Week. “Take the shot. It’s safe to do,” the congressman declared during an interview with Real Times Media President and CEO Hiram Jackson.

The American Rescue Plan Provides Relief for Small Businesses

The American Rescue Plan will change the course of the pandemic, deliver immediate relief for small businesses and American workers, and build a bridge towards economic recovery.

The American Rescue Plan will “devote $1 trillion toward building a bridge to economic recovery for working families, including those who work for small businesses; and provide critical support to communities that are struggling in the wake of the pandemic.”

COMMENTARY: Is the Economy Rebounding?

Economic recovery is dependent on the development of a COVID vaccine, which the current President says will be ready in October or November. More realistic, such as Dr. Anthony Fauci, say a vaccine might not be ready until next summer or even later. (Photo: iStockphoto / NNPA)

NNPA NEWSWIRE — Hundreds of thousands of small businesses, including 40 percent of Black-owned companies, have closed, resulting in permanent job loss. Some of the hardest-hit industries include the leisure industries — travel, dining, and more.

Wells Fargo Commitment Could Potentially Result in Billions for Small Businesses

Wells Fargo Commitment Could Potentially Result in Billions for Small Businesses

NNPA NEWSWIRE — “We also noticed that diverse individuals were having a very negative impact, and with the data, it was coming to 41 percent or 450,000 Black-owned businesses closed when COVID hit. That is a disproportionate impact not only to the entrepreneurs but also to the employees they have and the pocketbook,” said Jenny Flores, Wells Fargo’s head of small business growth philanthropy.

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