Business

Business

Meet Calvin G. Butler Jr., CEO of America’s largest utility company with $20B in annual revenue

Calvin G. Butler Jr. is the President and CEO of Exelon, where he oversees a network of six local electric and natural gas companies. These entities form the nation’s largest utility company by customer count,…

By Preta Peace Namasaba November 11, 2023
Pharell Williams
Business

Here are 21 multi-million dollar investments made by Pharrell Williams

Pharrell Lanscilo Williams, a renowned record producer, songwriter, rapper, and singer, has established himself as an exceptional figure in the music industry. His remarkable influence and success as a music entrepreneur in the 21st century…

By Oji Ben Ebuka November 9, 2023
Robert F. Smith
Business

America’s wealthiest Black man Robert F. Smith acquires a major stake in London-based tech firm

Vista Equity Partners, led by Robert F. Smith, America’s wealthiest Black man, has achieved another significant milestone in its strategic growth. The prominent American technology firm has successfully acquired a majority stake in Gatekeeper, a…

Halle Berry
Business

Here are 6 high-yielding businesses owned by Halle Berry you probably didn’t know

Halle Berry is a prominent figure in the Hollywood scene, having made a name as a model turned actress. Her breakthrough in Hollywood came with the 1992 romantic comedy ‘Boomerang,’ which paved the way for…

By Oji Ben Ebuka October 21, 2023

More in Business

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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