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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.
Jayson Tatum makes history with his new job at alma mater Duke
Jayson Tatum will serve as the Chief Basketball Officer for Duke, his alma mater, during the college basketball season, the school announced on Tuesday. Tatum, who played at Duke in 2016-17, will be the first to hold the role. “We are honored to welcome Jayson Tatum as our Chief Basketball Officer,” Duke coach Jon Scheyer…
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Ashley Allison: Meet the former Obama advisor acquiring ‘The Root’ to return it to Black ownership
Ashley Allison, a Democratic political strategist and CNN commentator, said last week that...
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Meet the Zimbabwean farmer in UK honored with royal visit after being ‘first to grow white maize’
When David Mwanaka moved to the UK from Zimbabwe more than 20 years ago, he couldn’t...
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Elon Musk becomes first person ever to hit $500 billion net worth, here’s how he did it
Elon Musk has become the first person in the world to be worth $500 billion, according to Forbes’...
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From teen mom to triumph: Claudienne Hibbert-Smith honored for $377M in real estate sales in one year
Claudienne Hibbert-Smith became a mother at the age of 14, but she didn’t let this deter her from pursuing her dreams. She graduated from Miami Carol City & University of Florida, and by age...
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How Russell Wilson, Ciara quietly built children’s brand that surpassed $100M in sales in 2024
In June 2021, Russell Wilson and his wife, Ciara, launched a children’s clothing line called 3BRAND. The two decided to start this brand while seated in their Los Angeles home, watching their son,...
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Angela Miller-May: How a sharecropper’s grandchild rose from bank teller to $55bn pension fund CIO
Angela Miller-May’s grandparents were civil rights activists who, in 1968, became part of the Great Migration, moving with their five children from a tiny town in Mississippi to Chicago. Angela Miller-May’s...
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Jay-Z’s bid to become first Black casino owner in Times Square rejected
A six-person community advisory committee on Wednesday rejected a proposal from rapper Jay-Z’s Roc Nation company and its partners to bring a casino to New York City’s Times Square. Per XXL,...
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P.F. Chang’s agrees to pay $80k to job applicant who wasn’t hired after asking for Sundays off
Restaurant chain P.F. Chang’s China Bistro, Inc. has agreed to give thousands of dollars to a job applicant who was not hired last year. According to the U.S. Equal Employment Opportunity Commission...
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Jaden Smith, 27, makes history as Christian Louboutin’s first men’s creative director
Jaden Smith has been hired by Christian Louboutin as the first creative director for its men’s line. The American rapper and actor, who is the son of Will Smith and Jada Pinkett Smith, is moving...
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Dangote truck drivers reportedly earn more than graduates
The chairman of the Dangote Group, Aliko Dangote, has refuted claims that the roll-out of its over 4,000 CNG-powered bulk trucks could displace existing jobs. In June, the Dangote Refinery announced plans...
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Pope Leo says ‘we are in big trouble’ if Elon Musk becomes world’s 1st trillionaire
Pope Leo is not happy over reports that Elon Musk’s proposed Tesla pay package could make him worth more than $1 trillion. Leo expressed this feeling while criticizing executive pay packages during...
