Business

Diversity Vice President, Denise Young Smith, Is Leaving Apple

By: Samara Lynn

The vice president of diversity and inclusion at Apple, Denise Young Smith, is leaving her position at the end of the year, reports CNET.    (Denise Young Smith. Image: Apple) She is headed to Cornell Tech to become its new executive-in-residence, as per a post on Cornell Tech’s website, as...

The Oldest HBCU in America Is on the Brink of Closing

By: Selena Hill

Cheyney University of Pennsylvania, the oldest historically black college in the nation, may be forced to close its doors for good. The school was founded in 1837 by Richard Humprehy, a Quaker philanthropist born on a plantation in the West Indies. Despite its rich history and roots, the 180-year-old institution has...

Malcolm X’s Daughters Launching a New Malcolm X Clothing Site

By: Sequoia Blodgett

The sisters, Qubilah Shabazz, Ilyasah Shabazz, Attallah Shabazz, Malikah Shabazz, Malaak Shabazz, and Gamilah Lumumba Shabazz have partnered with technology company Hingeto, to bring the apparel line to life. Malcolm X’s Daughters L to R: Qubilah Shabazz, Gamilah Lumumba Shabazz Malaak Shabazz, Attallah Shabazz, Ilyasah Shabazz (Image: malcolmxlegacy.com)   “Honoring Malcolm X’s legacy via a clothing store is...

She Was Tired of People Touching Her Hair, So She Created This App

By: Samara Lynn

Fed up with folks coming up to her and asking to touch her hair, art director and creative Momo Pixel, created a web-based app addressing the issue, reports Mashable. Described as “A new travel game about a black woman tired of people touching her hair,” game play involves swatting as...

Baltimore Entrepreneur Creates Co-Working Space for Beauty Industry Pros

By: Nicole K. Webb

Entrepreneur Wilson Nolley Jr. had a mission: To help beauty industry professionals prosper. He set forth on his mission and founded Salontra Select Suites—a 35,000-square-foot space that houses 135 suites for salon professionals. The business is still thriving 10 years after launch. Call it a “co-working space for stylists,” if...

Steve Stoute’s New Venture, UnitedMasters, Disrupts the Record Industry

By: Sequoia Blodgett

The record industry has been ripe for disruption for years and who better to do it than music veteran Steve Stoute. His new venture, UnitedMasters, will help up-and-coming artists get their music on streaming platforms such as Spotify and Pandora and use online tools to market the musicians and help them...

Reigniting Your Passion With This Faith-Based Conference for Millennials

By: Rochelle Turner

Earlier this year, Black Enterprise had the opportunity to attend the first ever Passion is Pursuit Conference—an entertainment and media conference for entrepreneurial millennials of faith. From start to finish, the room buzzed with excitement: passionate entrepreneurs eager to connect, sponging up the invaluable information provided by the panelists and...

The American Dream? One In Five Blacks Says Fuhgeddaboudit

By: Alisa Gumbs

Only 17% of blacks believe they have already achieved the American dream, compared with 32% of Hispanics, 36% of people overall, and 41% of whites. (Image: iStock/Erstudiostok)   Even more concerning, 19% of blacks feel it is out of their reach, according to a survey by Pew Research Center. That’s...

Mompreneur and Son Invent Unique Product and Pitch Steve Harvey

By: Brandon Andrews

Shirley and Addison Hayden are entrepreneurs who recently pitched their product, The Unique Seat, on Steve Harvey’s Funderdome TV show. Black Enterprise contributor Brandon Andrews sat down with the pair to find out exactly what The Unique Seat is and how in the world they came up with the invention.   (Steve...

7 Best Venture Capitalists for Black Entrepreneurs

By: Sequoia Blodgett

These venture capitalists are not only some of the top investors in the investment community but many of them are committed to spending dollars with black-owned companies. Below are their names and some highlights of companies they’ve invested in. Monique Woodard   (Image: 500 Startups)   Venture partner at 500 Startups. Highlight investments include Blavity, Roho,...

7 Best Venture Capitalists for Black Entrepreneurs

By: Sequoia Blodgett

These venture capitalists are not only some of the top investors in the investment community but many of them are committed to spending dollars with black-owned companies. Below are their names and some highlights of companies they’ve invested in. Monique Woodard   (Image: 500 Startups)   Venture partner at 500 Startups. Highlight investments include Blavity, Roho,...

Former Kapor Capital Director Launches Founder Gym

By: Sequoia Blodgett

The membership model is growing increasingly popular for businesses. You can get a membership for just about anything these days, and now there is one specifically for underrepresented startup founders looking to take their ventures to the next level. Black Enterprise caught up with Mandela SH Dixon, founder and CEO...

The 10 Most Dangerous Neighborhoods in America [2017]

By: Samara Lynn

NeighborhoodScout is a data intelligence platform providing real estate analytics. Using a proprietary algorithm, it provides detailed insight into American neighborhoods including those that are the most dangerous. (Image: iStock/DenisTangneyJr)   The analysis is based on data from a number of government agencies including the U.S. Bureau of the Census,...

Spelman President Vows to Feed Hungry Students Following Hunger Strike

By: Selena Hill

A week after students at Spelman College started a hunger strike to stop food insecurity on college campuses, the school announced that it has reached a resolution to help feed their needy students. Food insecurity—the condition of lacking reliable access to sufficient quantities of affordable, nutritious food—is an epidemic that affects...

Taylor Bennett and Urban Outfitters Are Giving Back to Homeless Youth

By: Selena Hill

Independent music artist and entrepreneur Taylor Bennett is partnering with Urban Outfitters to give back to homeless youth this holiday season. The 21-year-old Chicago native, who happens to be the younger brother of hip-hop star Chance The Rapper, is one of eight creatives selected to participate in “The Giving Guide”...

How Much Are Your Favorite Black Power Couples Worth?

By: Selena Hill

In addition to being a leading example of the beauty of black love, these celebrity power couples have accumulated a massive combined net worth.   1. Gabrielle Union and Dwyane Wade   (Image: Instagram/GabUnion)   Gabrielle Union, 45, recently opened up about her marriage to NBA superstar Dwyane Wade, 35, in her...