Business & Economy
New York’s attorney general is suing Zelle over a lack of safety features that allowed scammers to steal over $1 billion from users. The lawsuit claims that Zelle’s parent company, Early Warning Services, failed to protect users from fraud by not implementing necessary safeguards. Attorney General Letitia James alleges that Zelle knew about the platform’s […]
A Martha’s Vineyard estate where the Obama family vacationed for several summers, known as Blue Heron Farm, was sold to billionaire Les Wexner to the tune of $37 million. The buyer was a trust managed by Matthew Zieger, who is the attorney of the retail executive, according to a report from the Real Deal. The home, owned […]
Southwest Airlines cuts its workforce by 15%
Several major U.S. companies are buckling under pressure from conservative groups to scale back or eliminate diversity, equity, and inclusion (DEI) programs.Â
2024 was not a kind year for many well-known companies across several industries. From consumer brands, to restaurants and retail stores chains, several companies filed for Chapter 11 bankruptcy. While filing for bankruptcy means a company is definitely in some dire straits, it doesn’t necessarily mean it will be gone for good. Here are 20 […]
Developing these "recession-proof" skills not only bolsters individual resilience but also fortifies collective economic stability.Â
In honor of Black Business Month and late Famous Amos founder Wally Amos, we reflect on entrepreneurs of our culture you may not know.
Biden’s administration issued $2 billion in federal funds to black and minority farmers who experienced mistreatment by the United States Department of Agriculture, as announced on Wednesday. The direct payments will be sent to “eligible applicants [under the Inflation Reduction Act’s Discrimination Financial Assistance Program (DFAP)], [aiming] to provide financial assistance to farmers, ranchers, and forest […]
The performer and producer gave the keynote speech at the event held at Newark Symphony Hall.
Woman-owned businesses are growing twice as fast as all businesses across the country – and Black women are leading the charge. In this modern business boom, Black women account for 42% of new women-owned businesses—three times their share of the female population—and 36% of all Black-owned employer businesses. Many female entrepreneurs begin their journey outside […]
