business

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News

Donald Trump makes claim that HBCUs would “go out of business” without students from China

In a recent interview, President Donald Trump defended H-1B visas and international students, but made a grand claim about historically Black colleges and universities when doing so. According to the president, international students from China keep HBCUs afloat. “We do have a lot of people coming in from China,” President Trump said in an interview with Fox News’ Laura Ingraham on Monday. “We also have a massive system of colleges and universities, and if we were to cut that in […]

todayNovember 16, 2025

News

Philadelphia ends DEI standards for business contracts amid Trump’s federal ban and people are reacting

Philadelphia is ending its DEI standards for government contracts with businesses throughout the city, ending a decades-old practice as public and private sectors grapple with President Donald Trump‘s crusade against diversity programs. According to The Philadelphia Inquirer, the administration of Mayor Cherelle Parker, the city’s first woman and Black female mayor, will no longer enforce its goal of ensuring 35% of contracts go to minority, women, or disabled-owned enterprises. The government contracts are worth hundreds of millions of dollars. The […]

todayNovember 14, 2025

News

Black small business owners brace for impact of President Trump’s tariffs

President Donald Trump‘s Wednesday announcement of soaring reciprocal tariffs on U.S. imports has resulted in a slump in global markets and serious concerns among investors and consumers alike. The concerns are particularly felt by Black small businesses. “I’m concerned as to whether we’ll be able to survive this,” said Gladys Harrison, owner of Big Mama’s Kitchen & Catering in Omaha, Nebraska. Harrison told theGrio that despite opening the soul food eatery’s doors during the 2007 financial crisis and enduring the […]

todayApril 3, 2025

News

A grant program for Black women business owners is discriminatory, appeals court rules

NEW YORK (AP) — A U.S. federal court of appeals panel suspended a venture capital firm’s grant program for Black women business owners, ruling that a conservative group is likely to prevail in its lawsuit claiming that the program is discriminatory. The ruling against the Atlanta-based Fearless Fund is another victory for conservative groups waging a sprawling legal battle against corporate diversity programs that have targeted dozens of companies and government institutions. The case against the Fearless Fund was brought […]

todayJune 4, 2024

Economy

Black Family Launches New Online Business Focusing on Personal Development

Amidst the backdrop of pursuing the American dream, the Ayeni family has embarked on a transformative journey, launching a new online business centered around personal development. Originating from Nigeria in the early 2000s, Sam Ayeni arrived in the United States with aspirations of achieving success and creating a better life for himself and his loved ones.Driven by a strong work ethic and a desire to support his family back home in Africa, Ayeni worked tirelessly to obtain a college degree […]

todayMay 10, 2024

Economy

Black Motivational Speaker Redefines Success in Business and Life Through Martial Arts Principles

Willie "The Bam" Johnson, a respected African American figure in the martial arts, business, and motivational realms, proudly introduces his high energy and groundbreaking Warrior Mindset motivational speaking sessions. Drawing from his incredible life from “street kid” to incarceration and homelessness to global recognition and success, combined with his extensive experience as a martial artist, coach, and mentor, Johnson aims to equip individuals, teams, and business and non-profit organizations with the mental fortitude and resilience needed to overcome the competition, […]

todayMay 2, 2024

Economy

This Black Entrepreneur’s Dog Grooming Business Makes $1.3M a Year

Gabriel Feitosa, a Brazilian dog grooming artist based in San Diego, California, and the owner of Gabriel Feitosa Grooming Salon, has turned his passion for grooming into a thriving business, making headlines for his artistic transformations of dogs.Originally from São Paulo, Brazil, Feitosa ventured into the booming global pet grooming market, which now exceeds $1.3 billion. His salon, staffed by 10 employees, handles around 20 dogs daily and 500 dogs monthly, with each pet receiving a personalized makeover rather than […]

todayApril 29, 2024

Economy

Multi-Millionaire CEO Set to Inspire 1,000’s of Black Women Entrepreneurs at the 2024 Sistahs in Business Expo Tour

The Sistahs in Business Expo (SIB Expo) is thrilled to announce Jesseca "Judy" Dupart, renowned entrepreneur and visionary behind the multi-million dollar brand Kaleidoscope Hair Products, as the Keynote Speaker for its 2024 Sistahs in Business Expo Tour. Celebrating its seventh year, the SIB Expo continues to serve as the ultimate destination for celebrating entrepreneurial prowess among women of color.This year, the tour’s theme is “The Year of Collaboration” and includes two stops: the Northeast Expo & Pitch Competition in […]

todayApril 10, 2024

Economy

Founder Releases Landmark Report Revealing Secrets of Black-Owned Service-Based Business Success

Speak Your Way To Cash®, founded by sales strategist and attorney, Ashley N. Kirkwood, has published an unprecedented report unpacking the inner workings of successful Black-owned service-based companies. Based on a survey of over 120 entrepreneurs, "The State of Black Service-Based Businesses" report unveils game-changing data and strategies for exponentially growing service businesses. Speak Your Way To Cash® hosted a free summit in February 2024 to unveil the full report and give entrepreneurs resources to scale using the findings!One major […]

todayMarch 4, 2024