Business

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At least 1 million of the nation's 8 million minority-owned firms are based in Texas, according to the U.S. Department of Commerce.

David Lofink (CC BY 2.0) / Flickr http://bit.ly/2uJzx1S

Black entrepreneurs tend to struggle with maintaining financial stability and therefore, have trouble growing their businesses, according to an African-American Business Enterprise survey.  

From Texas Standard:

Texas has been long known for trying to lure businesses from other countries and states around the U.S. Now, the state of New York is getting in on the game. They’re running ads nationwide, including Texas media channels – like news site KXAN in Austin.

The Federal Trade Commission has taken the first step toward blocking the proposed $6.3 billion merger of Staples and Office Depot, saying the deal would hurt competition in the market for office supplies sold to large corporations.

The commission filed an administrative complaint charging that the merger between Massachusetts-based Staples, the world's largest seller of office supplies, and Florida-based Office Depot would violate antitrust laws.

CST Brands Inc., Set To Purchase Georgia-Based Retail Chain

Nov 4, 2015
Courtesy Photo

CST Brands, Inc., a Fortune 500 company that owns the local Corner Store, is poised to purchase the Flash Foods store network from the Jones Company. Flash Foods is headquartered in Waycross, Georgia.

The purchase, which has not yet been finalized, would be the largest acquisition for CST Brand’s history, according to a news release. It would include:

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