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Business News
Explore international business news and insights into the ever-evolving landscape of Black business news, featuring success stories, economic developments, and innovations within the Black community. Whether you’re looking for emerging opportunities, key industry updates or features on business leaders, our business section keeps you connected and ahead of the curve.
‘The end of Xbox’: Sarah Bond, first Black woman president of Xbox, leaves gaming company
Sarah Bond, the first Black woman to hold the position of president at Xbox, is stepping down from her executive role at the company. Bond was appointed president in 2023 to oversee the entire Xbox ecosystem, including Xbox’s hardware and software platforms, The Verge reported at the time. She was also to take charge of…
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Pat McGrath’s $1bn beauty empire ended in bankruptcy, now it’s being saved with $30M funding
Pat McGrath Labs has secured approximately $30 million in new financing and will continue to...
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How a Black-owned brand ended up as preferred grooming partner of National Basketball Players Association’s PLYRS House
Crowned Skin, one of the nation’s fastest-growing men’s grooming brands, announced...
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Netflix brushes off Trump’s call to fire Susan Rice, says ‘he likes to do a lot of things on social media’
President Donald Trump called on Netflix on Saturday to fire board member Susan Rice or “pay...
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Winnie Harlow on the times she got rejected before raising over $6M for her skincare brand
Supermodel Winnie Harlow, who grew up in Jamaica, has been open about her experiences as an entrepreneur. In 2022, she launched Cay Skin, an affordable and inclusive SPF skincare line. Her motivation...
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Carter’s Cheesesteaks is now the first Black-owned business to open in Chinatown
Carter’s Cheesesteaks has become the first Black-owned business to open in Chinatown, offering original cheesesteaks as well as unique ones topped with lobster and shrimp. The man behind the business,...
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J. Cole gave this chef a $10K check ‘at a time it was needed’, today she’s behind several successful restaurants
Entrepreneur Judith Cage, known as Chef Judy, started her career after receiving her first catering check from rapper J. Cole. Now, she pays it forward by supporting his music. J. Cole, the entrepreneur’s...
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From the Boys and Girls Club to New York Fashion Week, meet the designer making waves at just 17
17-year-old fashion designer Langston Howard attributes his creative spirit to the city of Detroit and his entrepreneurial family background. Howard embraced this path early on, beginning in elementary...
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Cardi B announces big plans for haircare line: ‘I’m very passionate about this’
Cardi B has officially announced her plans to launch a haircare line. The 33-year-old rapper has been developing her upcoming brand, Grow-Good, for years. Cardi B finally previewed the project, calling...
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How a life-threatening allergic reaction led Anna Cobbs to develop world’s first sparkling okra water
A life-threatening allergic reaction at age 20 drove Tulsa entrepreneur Anna Cobb to find a new purpose in creating a clean energy drink. Now, the Rejuvenation CEO has brought the world’s first sparkling...
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Giannis Antetokounmpo makes history investing in predictions market company, Kalshi
Basketball star Giannis Antetokounmpo recently expanded his investment portfolio by acquiring stakes in the prediction market company Kalshi and the Women’s Super League (WSL) club Chelsea FC Women. ...
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15-year-old twin brothers risk $400 on hot dog stand, then it goes viral
15-year-old twin brothers Chazz and Chaze Clemons of Long Beach are growing Glizzy Street, their bacon-wrapped hot dog business. The twins’ business, which began at a family gas station, experienced...
