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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.
Elon Musk could secure $1 trillion pay package under Tesla’s new proposal
Tesla has unveiled an unprecedented compensation blueprint for CEO Elon Musk, setting the stage for what could become the most lucrative executive pay deal in history. Under the proposal, Musk could secure roughly 12% of Tesla’s stock, valued at about $1 trillion, if the automaker reaches a towering market capitalization of $8.5 trillion and clears…
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Barnard College fired pregnant woman to avoid paying her maternity leave, union claims
Barnard College is accused of laying off a custodian who is eight months pregnant to avoid...
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How Tiara Bennett opened the first Black-owned restaurant in Manhattan’s East Village in 25 years
New York native Tiara Bennett has spent many years of her life in the kitchen. “I grew...
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How Brandon Young built a $100 million company inspired by brother’s death
Brandon Young founded the professional services company Young Management & Consulting and...
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At 21, UNC athlete Seth Trimble becomes the youngest Ben & Jerry’s franchise owner
College athlete Seth Trimble has made history as the youngest owner of a Ben & Jerry’s in company history after acquiring Chapel Hill’s Franklin Street location. The University of North...
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These childhood friends just opened Louisville’s first Black-owned pharmacy
For many years, families living in the Russell and Portland area have had to travel long distances to get basic medications. Now, that’s going to end as childhood friends Deshawn King and Isaiah...
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16-year-old entrepreneur makes history landing Walmart deal
Joshua Danrich’s journey started in 2020 when he was just 10 years old. He loved luxury sports cars and wanted such cars to always smell brand new. With his mom at the kitchen table, they started...
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Steph Curry is opening first bar in San Francisco, this is why he calls it ‘Eighth Rule’
Golden State Warriors star Steph Curry and celebrated chef Michael Mina are teaming up on a steakhouse and bar venture in San Francisco. Mina is set to open a new location of his steakhouse chain Bourbon...
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South Africa: Meet Basani Maluleke, the first Black woman to be CEO of a major bank
For a long time, Basani Maluleke wanted to be like her father, so she became an attorney. But soon, she realized that this was not something she wanted to do. In law, she felt like she was just documenting...
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Georgia salon owner denied permit after spending over $30K on salon, files lawsuit
Khalilah Few founded her salon, Creative Crowns Collective, in 2023; however, two years later, she is involved in a court dispute with Clayton County, Georgia. It started when Few outgrew her first...
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‘Slutty Vegan’ owner Pinky Cole sued over alleged $87,000 in unpaid rent
The owner of the “Slutty Vegan” plant-based fast food chain is accused of failing to pay rent for two properties on Edgewood Avenue. Aisha “Pinky” Cole made headlines after launching...
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World’s highest-paid tennis players in 2025: Coco Gauff overtakes Novak Djokovic in incredible feat
Coco Gauff is the highest-paid female tennis player in the world, according to Forbes’ annual rich list of tennis players. The 21-year-old American raked in $37.2 million over the past 12 months—$12.2...
