April 29, 2025 - 19:13
The City of Houston is contemplating revisions to its minority-owned business program following a recent study that highlighted disparities in city spending. The research revealed that Asian-, Hispanic-, and women-owned businesses did not face disadvantages in certain contract categories, prompting city officials to reassess the current framework of the program.
This evaluation comes at a critical time, as the program is currently embroiled in ongoing litigation. The city initiated the study to provide a clearer understanding of the effectiveness and fairness of its spending practices. As part of this process, officials are weighing the implications of the findings and how they might influence future policies aimed at supporting minority-owned businesses.
The outcome of these proposed changes could significantly impact the local business landscape, particularly for minority entrepreneurs seeking equal opportunities in city contracts. The city aims to ensure that its programs are both equitable and effective in promoting diversity within its economic initiatives.
July 30, 2025 - 07:20
Uprise Collaborates with HoneyBook to Enhance Tax Planning for Small BusinessesEmbedded financial advisory platform Uprise has joined forces with business management platform HoneyBook to provide comprehensive tax planning solutions tailored for small business owners. This...
July 29, 2025 - 23:54
Nike's North America Women's Business Leader Transitions to AthletaMaggie Gauger, the head of Nike`s women`s business in North America, has announced her departure from the sneaker powerhouse to take on the role of CEO at Athleta. This transition marks a...
July 29, 2025 - 02:32
Elon Musk Takes Charge of Tesla's Major Chip Deal with SamsungIn a significant development for Tesla, Elon Musk announced that Samsung has agreed to collaborate closely with the electric vehicle manufacturer on a substantial $16.5 billion chip deal. This...
July 28, 2025 - 03:48
Carnival-Themed Sunday Brunches for EveryonePenguin City Brewing is set to bring a festive atmosphere to the downtown area with its exciting carnival-themed brunches every Sunday until the end of August. This family-friendly event promises...