Oprah Winfrey will remain CEO of OWN for the next eight years after signing a new deal with its parent company, Discovery Communications. In addition to locking in O through at least 2025, Discovery also shelled out $70 million to acquire an additional 24.5 percent stake in OWN from Winfrey’s Harpo. Inc. “Creating OWN and […]
NEW YORK (AP) — Lowell Hawthorne, the founder and CEO of Golden Krust Caribbean Bakery and Grill, has died in New York City. He was 57. The city’s medical examiner’s said Hawthorne shot himself in the head at his Bronx factory on Saturday. Hawthorne started the successful Caribbean fast food chain in 1989 by selling […]
Fresh off of Small Business Saturday, Cyber Monday provides the latest chance to support Black-owned companies offering online discounts and sales during the holiday season. Not only is it an opportunity to grab some good deals as gifting becomes increasingly urgent in the next few weeks, it’s also the perfect time to support Black businesses […]
Ashley Derby was like many teenagers whose first job is at a fast food restaurant, but she probably didn’t expect it to become her longtime career path. But in 2011, six years after her college graduation, Derby became the youngest Black franchise owner in Chick-Fil-A’s history at the age of 26 and has since expanded […]
Steve Hightower, the current CEO and founder of Hightowers Petroleum of Ohio, worked as a janitor cleaning floors and toilets before becoming one of the nation’s top oil tycoons. Hightower’s secret to success is that he simply believed in himself and didn’t let the many barriers that stood in front of him to deter his […]
CEO Lisa Brown Alexander shares her journey to wellness.
On Wednesday morning, the founder of iconic hip-hop brand FUBU shared on Good Morning America that he was diagnosed with stage two thyroid cancer.
It’s Diddy! Forbes just released its annual list of hip-hop’s richest artists of 2017, and Mr. Can’t Stop, Won’t Stop sits at the top, yet again. Sean “Diddy” Combs topped the list with a net worth of around $820 million, all thanks to an ongoing partnership with Ciroc vodka, as well as his investment in […]
Most African-American men have to shave. And when they do, they might have Tristan Walker to thank. The financial trader turned entrepreneur is the founder of Bevel, which hopes to solve the irritation and razor bump problem that plagues many African-American shavers. Walker, 32, a Queens, N.Y. native, founded Walker and Company, one of the […]
A nail salon exclusively for men? While the Shark Tank investors didn’t think the idea would fly, fortunately for screenwriter/entrepreneur Michael Elliot, other folks with money watching the show did. So while he failed to impress the Sharks, his company’s exposure on the show netted him a group of investors willing to put up some […]
The late John H. Johnson was the founder of the Johnson Publishing Company, the largest Black-owned firm of its kind in the United States. Johnson, who dabbled in other ventures beyond publications, is also the first African-American to land on the Forbes 400 list. John Harold Johnson was born in rural Arkansas City, Ark. on January […]
In late February in the city of Baconton, Georgia, Dr. Teresa Mitchell opened Total Care Pharmacy, fulfilling one of her dreams with the hope of manifesting others down the line. Mitchell, a native of Baconton’s Mitchell County, has worked in the pharmacy field for 20 years. Additionally, she taught a pharmacy technician program at Albany […]
