Business

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…

Business

Navigating disparities and building the ‘BlackPrint’ for Black women entrepreneurs

Black entrepreneurs have long grappled with disparities in securing venture capital funding, receiving less than 2% of overall dollars annually. Black women entrepreneurs face an even more staggering challenge, receiving less than 1%. Recent events,…

By Dorinda Walker December 1, 2023
Business

Meet Bernard J. Tyson, Kaiser Permanente’s first Black CEO who nearly doubled company revenue in six years

In 2013, when Bernard J. Tyson assumed leadership at Kaiser Permanente, the healthcare organization boasted a subscriber list of 9.1 million and a workforce of 174,000. However, by the end of his tenure in 2019,…

By Solomon Mensah November 30, 2023

More in Business

Business

How Dr. Kofi Smith, an aspiring NFL player became president and CEO of the world’s busiest airport

Hartsfield-Jackson Atlanta International Airport – named after Maynard Jackson, the first Black mayor of Atlanta and of any major city in the South, is the busiest and most efficient airport in the world. It generates…

By Preta Peace Namasaba October 26, 2024
Business

Here’s why the country’s largest Black-owned construction firm turned down early investment offer from Michael Jordan

Michael Jordan’s extensive investment portfolio has seen him back numerous ventures, but one offer he made didn’t go as planned. In the early 1990s, C. David Moody Jr., founder of the largest Black-owned construction management…

By Kweku Sampson October 25, 2024
Business

Microsoft’s Pam Maynard named 2024 Black British Business Person of the Year

Pamela Maynard, Microsoft’s Chief AI Transformation Officer for Customer and Partner Solutions, has been named the 2024 Black British Business Person of the Year at the Black British Business Awards (BBBA). Now in its 11th…

By Kweku Sampson October 24, 2024
Business

How George Foreman built a massive $300M business empire after retiring from boxing

Born on January 10, 1949, in Marshall, Texas, George Foreman first made headlines as a dominant force in the world of boxing before venturing into the world of business. His rise to fame began with…

By Kweku Sampson October 23, 2024
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