Business

Business

Meet Mark Mason, the highest-paid finance chief in the U.S.

Mark Mason is the Chief Financial Officer of Citigroup and a member of Citi’s Executive Management Team. He is in charge of the company’s financial management, and leads Citi’s Expense Management and Citi Ventures initiatives.…

By Preta Peace Namasaba December 28, 2023
Business

Blakk Smoke made $2 million in 23 minutes on Black Friday – Five lessons from this remarkable feat

Blakk Smoke made $2 million in sales within 23 minutes during Black Friday on November 24, 2023. The hookah company was founded by artiste and entrepreneur Blakk Tatted (Cardell Bradley) in 2021. Under his management,…

By Preta Peace Namasaba December 19, 2023
Business

7 things to know about Reginald F. Lewis, the first African American to build a billion-dollar company

Widely recognized as the first African-American to build a billion-dollar company, 20th century luminary Reginald F. Lewis left an indelible mark as a lawyer, entrepreneur, philanthropist, and CEO. Early Years and Entrepreneurial Spirit Reginald F.…

By Preta Peace Namasaba December 5, 2023
Business

Black-owned fintech startup Mozaic raises $20 million to revolutionize creator payments

Black-owned fintech Mozaic has successfully secured $20 million in a Series A funding round, propelling the startup’s total funding to an impressive $27 million. The financing round was led by Volition Capital, with participation from…

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CEO Avante Price and CPO Eli Taylor-Lemire. POSH
Business

Black-owned events platform POSH secures $22 million in Series A funding to empower event social creators

Black-owned events company POSH has secured $22 million in Series A funding to further its goal of connecting people through shared event experiences. Founded by Avante Price and Eli Taylor-Lemire, the platform has garnered over…

By Preta Peace Namasaba August 18, 2024
Business

Driven by their shared African roots, these 3 friends turned a fashion blog into a $30 million global brand

When Jefferson Osei, Abderrahmane Trabsini, and Hussein Suleiman founded Daily Paper in 2008, their goal was to share their unique take on streetwear. What began as a blog highlighting the fashion, music, style, and African…

Nearly two decades ago, Lawrence began her career in sales at Stanley Black & Decker.
Business

4 career tips from Allison Lawrence, president of Stanley Black & Decker eCommerce

Nearly two decades ago, Lawrence began her career in sales at Stanley Black & Decker. Over the years, she climbed the corporate ladder, holding several executive positions, including Business President, Vice President, Chief of Staff…

Business

Black-owned group buys Coliseum complex for $125 million

The African American Sports & Entertainment Group has bought the Oakland Athletics stake in the Oakland Coliseum for $125 million. The  Black-owned development group, previously landed a deal to buy the other 50% ownership interest…

By Preta Peace Namasaba August 16, 2024
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