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An investment firm with Black ownership has signed a letter of intent to purchase the Uncle Nearest brand in deal with receiver.
Jun 2, 2026
Founded by George Monger, Memphis-based Connect Music is leveraging technology, data, and capital to give Black artists more control.
Apr 30, 2026
Despite the brand generating over $1 billion in revenue, Kimora Lee Simmons says she "probably" earned $20 million from the sale of Baby Phat.
Apr 9, 2026
Popular TikTok food critic Keith Lee says vendors will keep 100% of their sales at his inaugural FamiLee Day festival in New Orleans, LA.
Apr 8, 2026
A judge has sided with Lexington-based Fresh Bourbon in its fight over the "first Black-owned" claim against another Kentucky distillery.
Apr 3, 2026
LeBron James has opened his first restaurant in his hometown of Akron, OH, in partnership with his foundation and the I Promise program.
Apr 2, 2026
Founders Chef Lori and Shane Rogers blend Southern tradition and California wine culture to create Jam Vino, a wine-infused jam line.
Mar 20, 2026
Married couple Rick and Carin Nesbitt have made history by opening Illinois' first Black-owned and operated winery.
Mar 4, 2026
North Carolina's first Black-owned children's bookstore has reopened thanks to a GoFundMe raise amounting to more than $71,000.
Dec 30, 2025
Since opening in August 2024, Madison’s Black Business Hub has provided Black entrepreneurs with the space, tools, and training to grow.
Nov 25, 2025
Turkey Leg Hut’s bankruptcy case concludes, discharging over $6.5 million in debt with no remaining assets to repay creditors.
Oct 21, 2025
Zora’s Place is L’Oreal Thompson Payton’s dream come true — a bookstore featuring works that center Black women.
Sep 25, 2025
Launched in June 2021 to boost Black-owned media, Group Black is now entangled in legal battles with Essence Communications.
Sep 18, 2025
Announced during National Black Business Month, the Gilbert Foundation is investing millions in two Black-led organizations in Detroit.
Aug 28, 2025
Black-owned One Stop Wellness has raised $300,000 and a portion of the funding will support an AI-powered food scanner.
Aug 14, 2025
