All posts by Preta Peace Namasaba

News

Ramona Hood went from a receptionist to a CEO at FedEx, a feat that very few can boast of anywhere

At 19 years old, Ramona Hood was a single mother in search of employment. She needed a job that could provide for her six-week-old daughter and allow her to take night classes. To transition from…

By Preta Peace Namasaba April 19, 2024
News

How Nicholas Perkins acquired all 92 Fuddruckers restaurant franchises

In a striking tale of vision and accomplishment, Nicholas Perkins acquired all 92 restaurants of the renowned burger chain Fuddruckers. He became the first African American with 100 percent ownership of a national hamburger franchise…

Business

At just 31, Damola Adamolekun became CEO of a billion-dollar food service empire

A testament to his exceptional achievements at a remarkably young age, Damola Adamolekun has been described as the “African biz whiz kid” and “Wall Street whiz”. At just 31, he took over as CEO of…

News

Conservative operatives ordered to pay $1.25 million for robocalls targeting Black voters

Two conservative operatives who launched a robocall campaign to prevent Black voters from voting by mail in the 2020 U.S. election have been ordered to pay up to $1.25 million in a settlement. According to…

By Preta Peace Namasaba April 18, 2024

More posts by Preta Peace Namasaba

Business

Robert F. Smith’s Vista Equity Partners acquires JAGGAER after raising $20 billion to invest in AI

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…

By Preta Peace Namasaba September 2, 2024
Business

Slutty Vegan founder Pinky Cole gifts two longtime employees their own restaurant

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…

By Preta Peace Namasaba August 26, 2024
News

These 4 Black owned businesses generate over $1 billion in annual revenue each

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,…

Thrive

Top 10 in-demand remote jobs paying at least 100k salaries

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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