Business

Texas Southern Makes Historic Investment in Aviation Program with New Cirrus Aircraft Fleet

Business, Texas Southern University /

Texas Southern University (TSU) is taking its Aviation Science Management program to new heights with the acquisition of 12 state-of-the-art Cirrus SR20 G7+ aircraft, marking a historic first-of-its-kind partnership between Cirrus Aircraft and a Historically Black College or University. The multimillion-dollar investment represents one of the largest single fleet purchases in the program’s history and […]

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Atlanta Airport Forfeits $37M in FAA Grants Over DEI Rules

Atlanta Airport Forfeits $37M in FAA Grants Over DEI Rules, Business /

Written by Lexx Thornton Hartsfield-Jackson Atlanta International Airport has reportedly forfeited more than $37 million in federal grant funding this summer after refusing to accept new terms tied to diversity, equity, and inclusion (DEI) programs, according to The Atlanta Journal-Constitution. The money was part of a larger $57 million package from the Federal Aviation Administration

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Starbucks Closing Stores In $1 Billion Restructuring Plan

Business, Starbucks Closing Stores In $1 Billion Restructuring Plan /

Written By Lexx Thornton Starbucks announced a $1 billion restructuring plan Thursday that involves closing some of its North American coffeehouses and laying off more workers as it moves ahead with its “Back to Starbucks” transformation under CEO Brian Niccol.  The number of company-operated stores in North America will decline by about 1% in fiscal

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Trump’s TikTok deal payment criticized as ‘shake-down scheme’ by experts

Business, Trump's TikTok deal payment criticized as 'shake-down scheme' by experts /

By Bobby Allyn, David Folkenflik The Trump administration recently approached a coalition of U.S. investors set to take over TikTok’s U.S. operations with an ask: Will the group make a payment to the federal government “in the low billions,” according to a person with direct knowledge of the talks. The response from the investors, which includes tech

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New Home Sales Surge 20.5% in August Despite High Rates

Business, homebuilder incentives, housing market trends, Ivy Zelman analysis, mortgage rates impact, new home sales August 2025, Robert Dietz NAHB, U.S. Census housing data, U.S. real estate market /

Written by Lexx Thornton Sales of newly built homes rose a much larger-than-expected 20.5% in August compared with July to the highest level since January 2022, according to the U.S. Census. It is also the largest one-month gain since August 2022. Sales were 15.4% higher than in August 2024.  This count is based on people

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Commercial Real Estate Leaders Rally Support for Morehouse Real Estate Institute at HBCU NY Classic

Business, Commercial Real Estate Leaders Rally Support for Morehouse Real Estate Institute at HBCU NY Classic /

Executives from the commercial real estate industry—many of them Morehouse College alumni— gathered with friends and colleagues at MetLife Stadium for the third consecutive year to raise funds for the Morehouse Real Estate Institute (MREI), an academic initiative launching this fall. The fundraiser took place during the HBCU NY Classic, where Morehouse faced off against Howard University

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Disney Faces $3.87 Billion Loss

Business, Disney Faces $3.87 Billion Loss /

Written By Lexx Thornton According to Culture Base, the company’s market value reportedly dropped by $3.87 billion overnight. While Disney has not officially confirmed the figures, multiple outlets have noted a decline in stock prices. The controversy stems from ABC’s decision to suspend Jimmy Kimmel Live! following the remarks Kimmel made about conservative commentator Charlie

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Federal Reserve Approves Quarter-Point Interest Rate Cut

Business, Federal Reserve Approves Quarter-Point Interest Rate Cut /

Written By Lexx Thornton The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market.  In an 11-to-1 vote signaling less dissent than Wall Street had anticipated, the Federal Open Market Committee

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Money-Laundering Rule Cracks Down on All-Cash Home Purchases

Business, Money-Laundering Rule Cracks Down on All-Cash Home Purchases /

Written by Lexx Thornton The U.S. Treasury Department’s financial crime-fighting arm has introduced a new rule aimed at cracking down on money laundering in all-cash home purchases, but everyday buyers shouldn’t be alarmed. The federal regulation, formally known as the “Anti-Money Laundering Regulations for Residential Real Estate Transfers,” requires mandatory reporting of all-cash residential real

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