Business

Subscribe

Starbucks Just Named Alpha Kappa Alpha Soror Rosalind Brewer as Its New Chief Operating Officer

Starbucks just named Alpha Kappa Alpha soror Rosalind Brewer, the former president and CEO of Sam’s Club and one of the most prominent Black women business leaders in America, its new chief operating officer and group president, giving her the …

SBA to Open Business Recovery Centers in Beaumont and Missouri City to Help Businesses Impacted by Hurricane Harvey

The U.S. Small Business Administration and the Texas Gulf Coast Small Business Development Center Network today announced the opening of SBA Business Recovery Centers in Beaumont and Missouri City on Friday, Sept. 15 to provide a wide range of services …

Wells Fargo Mobilizes to Help Customers Impacted by Hurricane Harvey

Wells Fargo & Company (NYSE: WFC) today announced additional payment and fee relief for customers impacted by Hurricane Harvey. It also announced the deployment of its Mobile Response Unit to provide disaster recovery assistance to customers across Texas.

SBA Disaster News - SBA Tops $100 Million in Disaster Assistance Loans to Businesses and Residents Impacted by Hurricane Harvey

Acting Regional Administrator Dorothy Overal of the U.S. Small Business Administration announced today that SBA has approved $103,866,200 in federal disaster loans for Texas businesses and residents impacted by Hurricane Harvey.

The Galleria Announces Signature New Restaurants and Retailers

Simon, a global leader in premier shopping, dining and entertainment destinations, today announced a number of retailer additions and renovations at The Galleria, all of which demonstrate the property’s evolution in response to shoppers’ changing preferences. As the real estate …

Exclusive Furniture Hits The Ground In The Wake Of Harvey

For many Houstonians, Hurricane Harvey meant two things: before the storm and after the storm. After a few hours of wondering when the storm would actually hit, the city became battered with heavy rains for six consecutive days, resulting in …

Charles Butt Donates $5 Million to J.J. Watt Foundation

Charles Butt, H-E-B Chairman and CEO, today announced a personal, $5 million contribution to the Justin J. Watt Foundation’s Houston Flood Relief Fund.

Chinese Billionaire Sues Social Media Accounts Over 'malicious rumors'

One of China's richest men is taking legal action against "rumormongers," accusing them of spreading fake news about him and his company.

Wells Fargo Donates $1 Million to Support Hurricane Harvey Relief Efforts

Wells Fargo (NYSE: WFC) announced today it is donating $1 million to support those affected by Hurricane Harvey and the extensive flooding in its wake. Wells Fargo is donating $500,000 to the American Red Cross Disaster Relief Fund, and an …

Boss Kids: Mini Moguls On the Rise in Business

Kid jobs were different years ago. Paper routes, cutting neighborhood yards, and the ever popular lemonade stand were the usual. Kids’ goals were fairly simple for raising money. They wanted to buy some toy or game or sometimes even shoes …

Walmart Teams Up with Google to Tackle Amazon

If you can't beat 'em, partner with Google. Walmart is getting ready to go toe-to-toe with Amazon on voice shopping, teaming up with Google to enable people to order its products through Google Assistant.

Johnson & Johnson Ordered to Pay $417 Million in Talcum Powder Case

On Monday, a jury awarded a California woman $417 million because she developed ovarian cancer and had used Johnson & Johnson Baby Powder for decades. The award includes $70 million in compensatory damages and $347 million in punitive damages.

Chinese Billionaire Dumps Huge London Real Estate Deal

One of China's richest men has abandoned plans to buy $600 million worth of prime London real estate as his aggressive overseas deal-making comes under scrutiny by Beijing.

Campbell Soup CEO Latest to Quit Trump Council

The CEO of Campbell Soup Co. became the latest CEO Wednesday to walk away from President Trump. "Racism and murder are unequivocally reprehensible and are not morally equivalent to anything else that happened in Charlottesville," CEO Denise Morrison said. "I …

Trump vs. Amazon: So Much for the Businessman President

Donald Trump fashions himself as a CEO president. But he's feuding with one of America's most famous, most respected and wealthiest business leaders -- Amazon's Jeff Bezos -- mainly because the company is so successful.