Byron Allen on Buying The Weather Channel: ‘I Don’t Want to Play in the Negro League’

Byron Allen on Buying The Weather Channel: ‘I Don’t Want to Play in the Negro League’

by Jessica Bennett   Jun 13, 2018

Three months ago, in a move many of his fans and followers didn’t see coming, media mogul Byron Allen acquired The Weather Channel for... Read More

Amazon

Amazon Commits to Include More ‘Women and Minority’ Candidates in Board Search

by Teddy Grant   May 14, 2018

Amazon is making changes to its search for members of its board. The company announced in a public filing on Monday that they will... Read More

Oprah

Oprah’s Stake in Weight Watchers Balloons to $400 Million

by Teddy Grant   May 09, 2018

Oprah Winfrey’s investment in Weight Watchers two and a half years ago is paying off. The lifestyle company reported last week strong earnings and... Read More

Amazon

Amazon Is Raising Price of Prime Subscription to $119

by Teddy Grant   Apr 27, 2018

Amazon is raising the price of its popular Prime subscription for U.S. customers by $20, it has announced. The company revealed the news on... Read More

Rihanna, Snap Inc., Snapchat

Snap Inc.’s Stock Sinks After Rihanna Blasts Company for Ad

by Teddy Grant   Mar 15, 2018

Snap Inc.’s shares dipped after Rihanna publicly called out the company for making light of domestic violence. The company’s shares were down 3.64% on Thursday,... Read More

Toys R US, Charles Lazarus

Toys R US to Close 800 US Stores, Files for Bankruptcy

by Teddy Grant   Mar 15, 2018

It’s the end of an era for Toys R US kids. The toy company announced on Wednesday that they’re going out of business and closing... Read More

Weight Watchers

Oprah Sells a Quarter of her Weight Watchers Shares

by Teddy Grant   Mar 09, 2018

Oprah Winfrey’s investment into Weight Watchers International is paying off. The media mogul sold a quarter—or around 2 million—of her shares of the company,... Read More

Black Economy

Growing the Black Economy by Moving to the Middle

by Glenn Jeffers   May 03, 2017

One positive that emerged from the 2007–2008 credit crisis—and its subsequent recession—was a spark in entrepreneurship. Nearly one of every 10 U.S. companies operating... Read More

Report: America’s Highest Paying Jobs See Women Underrepresented

Report: America’s Highest Paying Jobs See Women Underrepresented

by #teamEBONY   Mar 30, 2017

April 4th is Equal Pay Day in the U.S., but a new LinkedIn survey is reminding us that pay between men and women is... Read More

Bostic

Federal Reserve Picks First Black Regional Bank Chief

by #teamEBONY   Mar 14, 2017

After a push for more diversity among its leadership, the Federal Reserve has appointed Raphael Bostic, who served as an official in the Obama... Read More