Las Vegas Sands Corp (LVS)., the biggest casino operator globally has agreed to sell its properties in Las Vegas to Apollo Global Management Inc. and Vici Properties Inc. for $6.25 billion. This...
Legendary rapper Jay-Z is launching a $10 million fund to invest in minority-owned cannabis businesses. Jay-Z (born as Shawn Carter) will be partnering with cannabis company TPCO Holding Corp., also k...
A business development company (BDC) is a firm whose sole purpose is to invest in small and medium businesses, as well as distressed companies. It helps to develop and grow small and medium-sized busi...
Kevin Hart, the comedian, and actor, is popularly known for his interest in investing in startups. This time, Hart has partnered with Nailah Ellis by investing in her Ellis Tea company. Nailah Ellis i...
On Tuesday, Well's Fargo reported that it would support the launch of the Black Business Fund to capitalize on seven CDFIs and award $13.5M grants to Expanding Black Business Credit (EBBC) initiative....
The outbreak of the coronavirus pandemic in the United States since March has affected a lot of businesses and companies. The pandemic has not only affected the financial ability of most companies but...
The ongoing global revolution against the dehumanizing treatments of blacks in the United States has been bringing with it a good turnaround in the demand and supply of black-owned company services. T...
Popcoms, a Black-Owned automated retail company that focuses on smart vending and Kiosk solutions has successfully completed its second equity crowdfunding campaign on Start Engine. The CEO of the com...
The current #BlackLivesMatter has created an avenue for black-owned companies to rise against the tide of segregation and discrimination. Black-owned companies that have suffered long-term discriminat...
On Wednesday, L Brands (LB) reported its third straight quarterly loss and fourth consecutive drop in sales, with its net sales decreased by 37% to $1.65 and stores shut, as a result of the coronaviru...