BofA Backs Black-Owned Banks in $300 Million Equality Drive
(Bloomberg) — Bank of America Corp. invested $50 million in three Black-owned banks as part of its $1 billion pledge over four years to advance racial equality. The second-largest U.S. lender took equity stakes of about 5% in three minority
‘I Never Saw a Black Builder’: Black-Owned Construction Company with $2 Billion-Plus Projects Says He Didn’t Dream ‘Big Enough’
For nearly four decades, Charles David Moody of C.D. Moody Construction has had a hand in constructing some of the most recognizable buildings in Atlanta. C.D. Moody Construction, headquartered in Lithonia, Georgia, is considered one of the country’s top Black-owned
Biotech company partners with Black bank
The Liberty City branch of OneUnited Bank, the largest Black-owned bank in the U.S. Multinational biotechnology company Biogen Inc. has made a $10 million deposit in OneUnited Bank, the largest Black-owned bank in America. OneUnited was chosen because of its
‘Lift As We Climb’ To Support Black-Owned Business
Gabrielle Union, actress, producer and co-founder of hair care brand Flawless by Gabrielle Union, has teamed up with celebrity hairstylist and business partner Larry Sims to launch “Lift As We Climb,” an initiative to support black-owned businesses and community organizations.
Santa Monica Black-Owned Businesses and Entrepreneurs (Part 10 in a Series)
We recently interviewed a variety of Black-owned Business Owners in Santa Monica to hear their unique story and perspectives. Read on to hear about these non-profit leaders and small business owners throughout our City. This is Part 10 in a
Nosy Neighbor: Where are the Black-owned businesses of Tribeca?
The first reader to ask was K. back in May:
‘The Culture Delivered’: Philly startup Black and Mobile appears in Pharrell and Jay-Z’s ‘Entrepreneur’ video
Black and Mobile founder Aaron Cabello (right) and David Cabello. It’s not every day that a startup gets a spotlight from two of the biggest musicians of a generation. But that’s exactly what happened when the founders of Philadelphia food
How BankBlackUSA Is Helping Empower Black-Owned Banks And Credit Unions
In 2016, OneUnited Bank, the nation’s largest Black-owned bank and first Black internet bank, spearheaded the national #BankBlack Challenge. The ongoing campaign seeks to galvanize Black Americans and their allies to move their accounts to Black-owned financial institutions. “The movement’s
How The First Black-Owned Bank With $1 Billion In Assets Can Close The Racial Wealth Gap
The Breakdown You Need To Know: Trying to make a
Black-owned movie theaters are rare. This couple just opened one in N.J.
Beyonce’s rendition of Frankie Beverly and Maze’s perennial cookout classic “Before I Let Go” blares over a loud speaker. A DJ proceeds to play what feels like an endless stream of R&B and Hip Hop oldies. It’s one of the
