At 33, Sherman Lewis III discovered the possibility of owning Shell gas stations while creating a portfolio of real estate properties in the Washington, D.C. metro area. The venture cost a total of $1 million,…
Many side hustles have a shallow barrier to market entry. They are a relatively easy way to earn extra income. A 2023 Bankrate survey revealed that nearly two in five US adults have a side…
The advent of the Internet and mobile apps in the 2010s paved the way for ridesharing companies. By matching passengers with drivers of vehicles for hire via websites and mobile apps, rideshare services have made…
In a 2-1 ruling, the panel of the U.S. Court of Appeals for the 11th Circuit in Miami has blocked the Fearless Fund from making grants to Black women-owned businesses. The court ordered the organization…
Robert F. Smith’s Vista Equity Partners has acquired JAGGAER, a global leader in enterprise procurement and supplier collaboration software, from Cinven. The acquisition aligns with the firm’s goal of investing in artificial intelligence after raising…
To celebrate Slutty Vegan’s 6th anniversary, its founder and CEO, Pinky Cole Hayes has rewarded two of her longtime employees, Angel Barnwell and Miesha Hambrick with their own franchise. The two women have been crucial…
Black business ownership is growing at the fastest pace in 30 years. According to data from the Federal Reserve’s Survey of Consumer Finances, the share of Black households owning a business has more than doubled,…
The pandemic unequivocally changed how we work. It shook up the traditional workplace setup and ushered in the remote work era. According to the Pew Research Center, approximately 22 million employed adults in the U.S.…
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