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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.
Tyrre Burks: Former athlete’s sports company has now raised $100M to enhance athlete safety
Tyrre Burks is a former athlete and founder of Players Health, a company he established to address the challenges he experienced as an athlete playing on a Division II football team while attending Winona State University as well as in Europe and the Canadian Football League (CFL). According to him, he suffered from an injury…
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How Steph Curry left Nike after the company met him with a Kevin Durant powerpoint: report
In 2013, Stephen Curry, who plays for the Golden State Warriors, signed a lifetime contract...
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Lewis Hamilton is F1’s 2nd-highest paid driver but could move to the top in 2025 and make history, here’s how
Formula 1 driver compensation figures are rarely made publicly available but performance clauses,...
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Washington DC sues Amazon, alleges it excluded Black neighborhoods from fast delivery service
In a lawsuit filed by the District of Columbia, Amazon is being accused of secretly terminating...
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Basketball Hall of Famers Vince Carter, Tracy McGrady make history joining Bills’ ownership group
Get to know Tracy McGrady and Vince Carter; they are former NBA teammates and Hall of Famers who reinvented themselves as entrepreneurs after retiring from the NBA. McGrady retired from the league in 2013...
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This is how Elon Musk became the first person with a staggering net worth of $400 billion
Elon Musk, the world’s richest person, has reached a new milestone with a net worth of $400 billion, becoming the first person to do so, according to Bloomberg. This increase was driven by a significant...
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Jay-Z’s cannabis brand Monogram seems to be in trouble as it can’t be found on shelves: report
Jay-Z is one of the most successful entrepreneurs in the entertainment industry. Born Shawn “Jay-Z” Carter, Jay-Z made a name for himself as a musician and then reinvented himself as an entrepreneur,...
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How this Georgia MBA graduate turned her health struggles into an Oprah-approved company
Get to know Kristen Dunning; she is behind the Black-owned soap brand called Gently, which recently received a stamp of approval from Oprah Winfrey. Her journey to becoming an entrepreneur began with a...
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Get to know Ayesha Ofori, the ex-Goldman executive addressing UK’s $700bn gender investment gap
Data from the British financial research company Boring Money notes that Britain’s gender investment gap stands at £567 billion ($723 billion) — an increase of £54 billion ($69...
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These are the five largest Black-owned businesses in the U.S. generating billions in revenue
Since 2020, the number of Black people who own businesses has increased. An estimated 161,031 Black-owned businesses were in operation in 2022, an increase from 140,918 in 2020, according to a survey....
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How Crisppi’s, which started small in Philly, was able to expand to other states because of Randy Moss
Meet former NFL professional football wide receiver Randy Moss. He is a Pro Football Hall of Famer and a commentator for ESPN who got into the fried chicken space after getting to know about Crisspi’s...
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Meet the only four Blacks on Forbes’ CIO Next List of top 50 tech leaders
Artificial Intelligence (AI) has been predicted to be the next future of business. A report by consulting firm McKinsey in May noted that two-thirds of organizations say they’re now using AI in at...
