Lowe's pledges another $30M in support of minorities, small businesses

Lowe’s Cos. Inc. (NYSE: LOW) has bumped up its support for minority-owned companies and small businesses across the country. The Mooresville-based home-improvement retailer has committed another $25 million to its small-business grant program with Local Initiatives Support Corp. — doubling its initial commitment. It also donated $5 million more to its minority small-business program for a total of $30 million.  In total, Lowe’s has donated $55 million since Covid-19 began. That makes it…