Business News - EBONY

Business News

Report: Kanye West Opening Restaurant Inspired by Mama Donda’s Cooking

Report: Kanye West Opening Restaurant Inspired by Mama Donda’s Cooking

by Jessica Bennett   Jul 17, 2018

From music to fashion, Kanye West always has a development deal in the works, his latest being a restaurant inspired by his late mother,... Read More

Oprah Winfrey

Oprah Winfrey Invests in True Food Kitchen

by Teddy Grant   Jul 11, 2018

Oprah Winfrey is expanding her empire into healthy eating by investing in the restaurant-chain True Food Kitchen, CNN Money reports.  Winfrey will be joining... Read More

Black-owned, Alkaline Water company, water, walmart

Company Makes History by Becoming First Black-Owned Water Brand to Sell at Walmart

by Teddy Grant   Jul 10, 2018

For the first time in Walmart’s history a Black-owned bottle company selling alkaline water will grace its shelves, First Coast News reports. Live Alkaline... Read More

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 winfrey

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