business, finance
-
Florida Sen. Rick Scott to Governors: Don’t Accept Stimulus Money
It’s said that on the ninth day of creation, God got hungry and because it was late, the only thing open was a 7-Eleven, and God was forced to eat day-old taquitos, which made him vomit and thus, Florida was born. Florida, the ass pimple of America, continues to remind the world that they love…
-
So I Guess Square, Inc. Had Dinner With Jay-Z and Is Now Acquiring a Majority Stake in Tidal
Yes, I’m about to make an “I’m not a businessman, I’m a business, man” lyric reference in a lede about Shawn “Jay-Z” Carter yet again—and no, you cannot stop me. I mean, my editor can, but I digress. (Editor’s note: Go forth and prosper…like Jay-Z.) THE POINTS IS…the line following the oft-quoted line is equally…
-
Houston Woman Accused of Spending $3.6 Million in COVID-19 Relief Money on Luxury Homes, Cars and Other Items
People will never disappoint you as long as you expect people to be disappointing. Yes, that’s a cynical way to start a news story, but what else is there to say about a Texas woman who allegedly received millions of dollars meant to protect small business owners from the economically devastating effects of the coronavirus…
-
Thasunda Brown Duckett Will Be the Next CEO of TIAA, Making Her 1 of 2 Black Women to Lead a Fortune 500 Company
January brought big news to the business world, as Starbucks COO Roz Brewer was named the new CEO of the Walgreens Boots Alliance, making her the only Black woman to currently helm a company in the Fortune 500 (and only the third, after former Xerox CEO Ursula Burns and Ursula Burns and Bed Bath &…
-
Thinking Creatively: The CFDA Launches the IMPACT Initiative to Build a Pipeline for Black and Brown Talent
Representation matters. We hear it, and we know it to be true; we also know it to be good for business. But if the racial reckoning of this past year has proven anything—beyond a need for the long-overdue overhaul of any number of American institutions and industries—it’s that even the most well-meaning of those institutions…
-
Jay-Z Shares His 'Empire State of Mind' With LVMH, Forms Partnership With Moët Hennessy
Shawn “Jay-Z” Carter is hellbent on journalists referencing his “I’m not a businessman, I’m a business, man” lyric in the article’s lede with every money move he makes, isn’t he? Oh look, I did it again. Here’s the news—LVMH (Moët Hennessy Louis Vuitton) has acquired a 50 percent stake in Jay’s champagne brand Armand de…
-
Russell Westbrook Helps Varo Bank Secure $63 Million Investment, Will Address Financial Inequality as Advisor
I will never in life seek his counsel on fashion choices, but when it comes to money moves, Russell Westbrook is no joke. On Thursday, Varo Bank, America’s first all-digital nationally chartered bank, announced that the nine-time NBA All-Star has come on board as both an investor and advisor. In this capacity, he’ll have direct…
-
‘I Will Not Make That Happen’: Biden Says No to $50,000 Student Debt Forgiveness
Get ready to lower your expectations if you’d been hoping that President Biden would heed the call of some Democrats to cancel student debt up to $50,000 per borrower. The president outright rejected that idea during a town hall hosted by CNN in Milwaukee on Tuesday. After a member of the audience asked Biden how…
-
Real Hot Girl Hair: Mielle Organics Announces Megan Thee Stallion as Its First Global Ambassador
Every stallion needs a fabulous mane, and hip-hop’s hot girl Megan Thee Stallion is no exception. The H-Town hottie may be best known for her growing body-ody-ody-ody of hits and epic wig game—but underneath it all, she’s been on a natural hair journey, announcing in December that she and stylist Kellon Derryck were on a…