Pharaoh’s Conclave (PCX) received $100K from Google for Startups “Black Founders Fund”. In an effort to turn this year back onto a positive note, Google […]
Category: Business
Black Business Alerts
Illinois Rejects Fair Tax Amendment
Illinois residents have rejected the ballot measure that would have changed the state’s income tax from a flat rate to a graduated rate. What We […]
Black-Owned Gun Club 1770 Armor Opens in Colorado Amid Racial Tension
Colorado’s first black-owned gun club, The 1770 Armory and Gun Club, is officially open. As the chaos induced by the pandemic and racial tension inflates […]
Coca-Cola to Scrap Around 200 Drink Brands Due to Falling Sales During Lockdown
Coca-Cola will discontinue about 200 drink brands, halving its portfolio, according to its earnings call on Thursday. What We Know: During an analyst call, CEO […]
Quibi is Shutting Down
You might have heard about Quibi, a short form mobile-focused streaming service, at some point this year, but you won’t be hearing from it anymore. […]
Bounce TV’s Ryan Glover, Killer Mike, and Andrew Young Establish Black-Owned Digital Bank
Rapper Killer Mike and Bounce TV originator and President Ryan Glover have teamed up to launch Greenwood, a new digital bank customized to Black and Latinx […]
Exploitation Concerns For White Businesses Selling On Etsy
Eyebrows are raised in concern for white owned businesses selling Black Lives Matter merchandise on Etsy. What We Know: Many white owned businesses are showing […]
Companies Are Promising Diversity Among Staff And Trump Administration Sends Warning
The Trump administration warned companies through letters about diversity hiring. What We Know: Companies like Microsoft and Wells Fargo are showing their support for Black […]
Disney Lays Off 28,000, Mostly at 2 Theme Parks
Disney has announced that it will be eliminating tens of thousands of jobs at its resorts in California and Florida after suffering difficult losses from […]
NY Times: Trump Paid $750 in US Income Taxes in 2016, 2017
The New York Times obtained President Donald Trump’s tax information for the last two decades revealing his federal income taxes, struggling properties, vast write-offs, decade-long […]