Business

Business

In a league of her own: Mellody Hobson’s journey to becoming the first Black female owner of an NFL team

The historic acquisition of the Denver Broncos for $4.65 billion marked a groundbreaking moment for Mellody Hobson, becoming the first Black female owner of an NFL team. As the co-CEO of Ariel Investments, a Black-owned…

By Preta Peace Namasaba September 14, 2023
Business

Here is how Joseph Searles shattered a 178-year-old barrier and became the first African American floor broker on the New York Stock Exchange

Joseph Louis Searles III made history in 1970 as the first African American member and floor broker at the New York Stock Exchange (NYSE), the world’s largest stock exchange by market capitalization. With a multifaceted…

By Preta Peace Namasaba September 12, 2023
Sandra Douglass Morgan. Photo credit: Matt Aguirre, Las Vegas Raiders.
Business

The remarkable rise of Sandra Douglass Morgan, the first and only Black female team president in the NFL

The historic appointment of Sandra Douglass Morgan as President of the Las Vegas Raiders marked a pivotal moment in the NFL’s history, as she became the first and sole Black female President within the league.…

Clifton R. Wharton. Photo credit: MSU
Business

How Clifton Wharton, who became the first Black Fortune 500 CEO in 1987 saved a company in crisis

Clifton R. Wharton Jr. has worn many hats throughout his distinguished career, including economist, educator, and C-suite executive, among others. His life has been marked by a series of groundbreaking achievements, a legacy that began…

By Preta Peace Namasaba September 8, 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. TheĀ  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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