business, finance
-
Ulta Is the Latest Retailer to Join the Fifteen Percent Pledge, Promising a Bigger Assortment of Black-Owned Brands
Ulta Beauty has joined Sephora, Macy’s, Gap, and American Vogue in creating a retail and media landscape more representative of America’s racial demographics.
-
Yeezy Will Soon Fall Into the Gap; Retailer Teases Late June Drop Date
With everything else that’s occurred in the world of Kanye West since last June, it’d be understandable if you’d forgotten about his upcoming collaboration with Gap altogether. After all, it was followed by a failed presidential run, a multibillion-dollar evaluation, a documentary announcement, a divorce announcement, a disgruntled former protégé and a multimillion-dollar lawsuit by…
-
One Year After Protests for Racial Justice, Corporations Must Go Beyond Their Statements and Commit to Racial Justice Through Their Policies
Last year during the protests for racial justice, almost every major corporation released a statement standing in solidarity with the Black community. From McDonald’s to Nike, companies used their platform to shed light on the ongoing state-sanctioned violence against Black people, pledged to support Black communities, and as of June 2020, donated a total of…
-
Since Leaving Office, Trump Has Charged the Secret Service $40,000 for a Single Room at Mar-a-Lago
The current president of Florida just can’t stop the grift. According to the Washington Post, the current president of white supremacy charged the Secret Service (read American taxpayers) some $40,000 for a single room at his Mar-a-Lago Club. Records viewed by the Post show that Trump’s club charged the Secret Service $396.15 a night from…
-
Black Farmers Call a Letter Sent by Banks to the USDA Warning Against Debt Forgiveness a Threat
It shouldn’t come as a surprise that, as with most things in this country, the farming industry hasn’t exactly been welcoming to Black people throughout the entirety of this country’s modern history. In an effort to rectify the injustices Black farmers have had to endure, the $1.9 trillion COVID relief package passed in March included…
-
The Glow Up 50 2021: Celebrating Our Pioneers of Style
Black creativity is not and never has been a trend—though we have certainly launched more trends than we could possibly count, or have ever rightfully been credited for. Accordingly, in March 2020 we launched The Glow Up 50 to celebrate our own—the tastemakers, trendsetters and boundless creators who elevate our organic aesthetic on a global…
-
Businessman Notoriously Criticized for Exploiting Black Music Artists Calls Out Corporations for Exploiting Black Community
Diddy is dabbling in an interesting (and dangerous) game of “This you??” on Black Twitter. In a letter addressed to General Motors published via his Revolt TV website on Thursday, Diddy (born Sean Combs) critiqued the corporation that “exploited our culture, undermined our power, and excluded Black entrepreneurs from participating in the value created by…
-
Starbucks, Goldman Sachs, ACLU and Others Pledge to Tackle Racial Wealth Gap by Boosting Black Employment and Business Investments
Some of the biggest companies in America say they will put their considerable might behind a mission of closing the massive wealth gap between Black people and white people in this country. According to analysis by Brookings Institute, the median wealth held by Black households in the U.S. is not even 15 percent of the…
-
Maryland Legislators Vote to Pay the State's HBCUs $577 Million Over the Next Decade in Massive Civil Rights Settlement
Four historically Black universities and colleges in Maryland will benefit from a $577 million settlement related to a federal lawsuit first brought against the state 15 years ago—that is if Gov. Larry Hogan doesn’t veto the settlement agreement again. Maryland’s state legislators voted on Wednesday to approve a measure to pay out the settlement to…