The first Black-owned bank to reach $1 billion in assets has been created, due to the merger of City First Bank of D.C. in Washington and Los Angeles-based Broadway Federal Bank. The newly created lender will focus on housing, small businesses, and nonprofits.
Plant-based foods are a booming business. New SPINS retail sales data released March 3, 2020, shows that grocery sales of plant-based foods that directly replace animal products have grown 29% in the past two years to $5 billion.
The researchers saw “remarkable” results for the 20 microgram dose compared to the placebo, comparable to those seen from many common opioid painkillers, such as morphine and oxycodone.
MiBus, which operates the Metrobús public transport system, has decided to cancel an order for 160 new diesel buses and purchase electric buses from BYD instead. In total, MiBus will spend $35 million to purchase 195 medium-size electric buses for use in Panama City.
Queensland has become the first state in Australia to criminalize gay conversion therapy, after state politicians voted to make the “highly destructive and unethical” practice illegal. Practitioners found guilty will now face up to 18 months in jail.
Exxon Mobil is an iconic blue-chip stock and the longest-tenured member of the index. Exxon’s exclusion represents a big drop from the days where oil companies were kings of the stock market.
Researchers in Saudi Arabia have developed thin, organic solar cells with a few advantages over others of their type. The new solar cells are more efficient, made using more common elements, and can be inkjet-printed onto surfaces, making them light and flexible enough to power wearable electronics.
The announcement came two days after N.B.A. players staged a dramatic work stoppage in response to the police shooting of Jacob Blake in Kenosha, Wis., on Sunday. Some staffers in the N.B.A.’s league office also chose not to work on Friday to spend time on social causes instead.
Kuwaiti state media reported that the country’s parliament had voted 40 to nine in favor of lifting the Ministry of Information’s control over books imported into the country. Previously, the ministry had blacklisted more than 4,000 books since 2014.
Mexico will gradually phase out use of the herbicide glyphosate by the time the current administration ends in late 2024, President Andres Manuel Lopez Obrador said on Wednesday, following a ministerial spat over the product.
