Startup Wahed Backed by Aramco and Paul Pogba Now Valued at $300 Million
By Aisha S Gani Wahed Invest LLC has completed a funding round of $50 million as it looks to disrupt the Islamic finance space. The […]
Ex-Business Partners Jay-Z and Damon Dash End Legal Feud Over ‘Reasonable Doubt’ NFT
Former business partners Jay-Z and Damon Dash have reached a settlement agreement over a lawsuit centered around a “Reasonable Doubt” non-fungible token. An NFT is […]
More People Will Get Juneteenth Off This Year, But Half Say They Won’t Be Paid For It
By Ella Ceron One year after President Joe Biden declared Juneteenth a federal holiday, more companies are giving their employees the day off — but […]
Ready to Own Some Fenty Stock? Rihanna’s Lingerie Line Is Closing In on $3 Billion IPO
Over the years, bad gal singer Rihanna has elevated herself from an award-winning recording artist to a formidable entrepreneur. Her inclusive lingerie brand, Savage X […]
Jolted Wall Streeters Seek Night of Solace at Harlem’s Apollo Theater
By Amanda Gordon US stocks entering a bear market at the close on Monday didn’t interfere with the party scene a few hours later at […]
‘I Had to Pivot and Figure Out a Way’: 43-Year-Old Builds a Million-Dollar Business In Seven Years After Losing Her Job
There is an old adage that says “necessity is the mother of invention.” No one understands that more than Myrline St. Hubert, a Haitian-American entrepreneur […]
Slutty Vegan Restaurant Brand Teams With Fashion Giant Steve Madden for First-Ever Vegan Sneakers
Successful Black-owned vegan restaurant Slutty Vegan is teaming up with fashion giant Steve Madden to create the first-ever “vegan sneakers.” Slutty Vegan and Steve Madden […]
How One Black Entrepreneur Is Carving Out a Niche In the $46.2 Billion Swimwear Market With Size-Inclusive Chic Looks for All Women
Launching a size-inclusive swimwear line was no easy feat but model and designer Taylor Long has accepted the challenge with Nomads Swimwear. She’s carving out a […]
Black-Owned Company Awarded $102.5 Million Levee Project In Louisiana
Greenup Cajun JV, LLC, a Black-owned firm, has been awarded a $102.5 million construction contract to construct hurricane protection structures and move levees and drainage canals in […]
Here’s Where Gas Prices Are Highest in the US
By Paulina Cachero Stratospheric gas prices have broken records for at least seven days with the average cost of fuel per gallon hitting $4.96 as of June […]
Citigroup Doubles Black Executive Ranks, Still Has ‘Lot of Work’ to Do
By Jenny Surane and Max Abelson Black executives are rising inside Citigroup Inc., even as the firm says there’s more to be done. The bank […]
FCC Wants To Revoke License of Knoxville’s Only Black-Owned Radio Station
The Federal Communications Commission is looking to revoke the license of the Knoxville radio station once owned by James Brown. The media authorization body has […]
How Artist T-Pain Makes More Money Gaming Than Making Music
Hip hop artist T-Pain has created various streams of revenues outside of music including NFTs, and streaming platforms. The Florida native regularly spends time documenting his gaming […]
Walmart Diversity Report Shows Black Workers’ Promotions Slipped
By Jonathan Roeder and Brendan Case Walmart Inc.’s management promotions of Black and African-American employees slipped last year, according to the retailer’s latest report on […]
Black-White Wealth Gap Getting Worse, 160 Years of US Data Show
By Catarina Saraiva The gap between the wealth of Black and White Americans, one of the starkest benchmarks of inequality in the US, is on […]
How Two Young Finance Entrepreneurs are Building Their Private Equity Firm on Niche Markets
Black-owned private equity firm Red Arts Capital, which focuses on North American-based transportation and logistics, is currently raising its first institutional fund seeking up to […]
Finurah Funding Friday: How to Develop a Fund Application Strategy, Plus Funding Opps from Bank of America and Cartier
Applying for grants, pitch competitions and accelerators are all ways of promoting your business and acquiring funds to support your business’ growth. However, before you […]
California Task Force Concludes There Is a Case for State and Federal Reparations. Details of its Historic Report.
California has rolled a 500-page report detailing the long-lasting effect slavery has had on Black Americans and the numerous misdeeds of the state and federal […]