Business

Yvette Banks of TikTok. Photo credit: LinkedIn
Business

Here is how Yvette Banks, the only Black executive at TikTok is driving inclusivity and empowering Black creators

COVID-19 pandemic propelled TikTok into being the most popular app in 2019 and 2020. It was downloaded 693 million times in 2019 and 850 million times in 2020, has 1.7 billion monthly active users in…

By Preta Peace Namasaba September 14, 2023
Business

How David Steward turned a $2k loan into a $14.5 billion empire and created over 9,000 jobs

The journey of David Frederick Steward, the second wealthiest African-American, can be traced back to a modest beginning, making his extraordinary ascent to the status of an elite business leader a source of hope and…

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…

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

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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