The coronavirus pandemic caused lots of damages to the economy and some companies are fighting to survive while some have given up trying to stay in business by filing for bankruptcy. Below is t...
LeMoyne-Owen College, the only Historically Black College and University (HBCU) in Memphis, Tennessee, has been named the beneficiary of an endowment of $40 million. The school revealed that this is t...
Late Monday, Palantir Technologies Inc. announced that it confidentially filed to go public. The data-analysis company said in a news release that it filed a draft registration statement with th...
On Thursday, the nation’s largest minority-and-women-owned financial firm, Siebert Williams Shanks & Co L.L.C. (SWS), said it has successfully managed a $350 million tax-exempt bond issuance for...
Singer, superstar, and pop culture influencer Beyoncé has recently teamed up with NAACP to support Black-owned businesses, as a way to give back to the black community. The singer also just completed...
Over the past weeks, many airline companies have warned that they will be reducing their staff numbers to cut costs amid the coronavirus pandemic. American Airlines (AAL) said on Wednesday that i...
United Airlines (UAL) announced on Tuesday that it had a loss of $1.6 billion, or $5.79 a share, in the second quarter. The loss is mainly as a result of the impacts of the coronavirus pandemic. I...
T-Mobile: Shares of T-Mobile rose 5% in after-hours trading after the wireless company released results for its second-quarter earnings. T-Mobile (TMUS) reported earnings per share of 9 cents on reven...
At the beginning of August, about 32% of Americans still had outstanding housing payments, according to Apartment List. As September draws near, Congress continues to debate on what to include and th...
Following the support for the National Black Business Month which is in August, Facebook has offered its support by launching an initiative that will both support and create awareness for black ent...