There will soon be eight Black CEOs leading S&P 500 companies. Forbes has reported that Chris Womack has been appointed CEO of Southern Co., and will start in his new role in May. An industry friend of Womack, Calvin Butler, expressed delight upon hearing the news. The announcement of Womack’s new title came just days after Exelon named Butler as CEO. “The […]
Continue ReadingMeet Troy Smith, founder and CEO of G1 Commercial Mortgage, a faith-based Private Credit Fund based in Charles County, Maryland, the wealthiest African American County in the nation. His company is a direct lender that offers finance options to real estate investors, and he is the first African American mortgage lender to have delegated underwriting authority […]
Continue ReadingMeet King Mauni, the 12-year-old founder and CEO of We Kingz Bro, an inspirational apparel brand that empowers young men to build a life and future that they are proud of. His company was recently awarded a $25,000 grant from the City of Tempe, Arizona for BIPOC micro-manufacturers to support business operations and growth. We Kingz […]
Continue ReadingVenus Williams is making a grand slam in business. Wimbledon tennis champion and entrepreneur Venus Williams has been appointed as the newest operating partner for Topspin Consumer Partners, a Mamaroneck, NY-based private equity firm that invests in fast-growing middle-market consumer businesses across health & wellness, personal care, beauty, food & beverage, household goods, pet, and children’s products. According […]
Continue ReadingSnoop Dogg continues to break through ceilings, and kick down doors. The Long Beach, California rapper’s latest venture finds him partnering with Roobet, a crypto casino, and its parent company Raw Entertainment. “Turns out, I’ve been a kangaroo this entire time,” Snoop Dogg said in a news release. “These guys are doing something different. This partnership […]
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Wyclef Jean is taking a step beyond music to try his entrepreneurial skills in the automotive field with the introduction of a new vehicle. The former Fugees rapper showed off the electric vehicle on his Instagram account on Monday. “U S A premier Attucks Apex AP0 welcoming my Electric Super Car …. Little Haiti We Up !!!!!” View this post […]
Continue ReadingThere may be a deal brewing to sell a majority stake in Black Entertainment Television. According to The Hollywood Reporter, there is a possibility that the parent company of BET Networks, Paramount, is considering selling a majority stake in the company. A source told the media outlet that the company, which includes BET, VH1, and the BET+ streaming […]
Continue ReadingA new effort is underway in Baltimore to provide Black entrepreneurs with downtown storefronts that became vacant during the COVID-19 pandemic, financial assistance, and a sense of community. The Downtown Partnership of Baltimore (DPOB) has created the Black-Owned & Occupied Storefront Tenancy (BOOST) Program to support budding Black entrepreneurs and reignite Baltimore’s urban core. The BOOST program aims […]
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As Black businesses continue to adapt and evolve, it’s crucial for Black business owners to find the right tools to help them manage their operations effectively. In 2023 there are many software options available to Black businesses that can help streamline their processes. These software options also help improve communication and enhance overall productivity. The […]
Continue ReadingAward-winning wines are boarding Alaska Airlines. McBride Sisters Wine Company, the largest Black-owned winery in the country, owned by sisters Robin and Andrea, has landed a partnership with Alaska Airlines to feature its Collection Chardonnay and Red Blend for its passengers. “Our goal is to introduce customers to west coast wines that they fall in love with and seek out after […]
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