JCPenney CEO leaves for Lowe's
Lowe's has tapped JCPenney CEO Marvin Ellison as its new chief executive.
Comcast just got one step closer to buying British broadcaster Sky
Comcast is on the cusp of getting approval from the UK government to buy British broadcaster Sky for £22 billion ($31 billion). The approval will bring the American company a step closer to scooping up a valuable international asset that …
GE's latest sale: Its 111-year-old rail business
General Electric is giving up full control of its century-old rail division as the conglomerate's empire continues to shrink.
Campbell Soup CEO abruptly steps down
Denise Morrison, the CEO of Campbell Soup since 2011, abruptly announced her retirement Friday, effective immediately.
Jay-Z Ordered to Testify in Financial Probe
A judge has said that Jay-Z must spend a day answering questions from the Securities and Exchange Commission in a financial probe of a company he sold his apparel business to over a decade ago. U.S. District Judge Paul ruled …
People are still shopping at Macy's. A lot
Don't count out Macy's yet. Digital sales are up. People are going to actual, physical Macy's stores to shop. And tourists are flocking to Macy's flagship store in New York.
Starbucks slams Seattle's new big business tax
Starbucks was scathing Tuesday in its criticism of the Seattle City Council, which on Monday unanimously passed a controversial tax on big businesses to help fund affordable housing and fight homelessness.
Amazon Go stores are coming to Chicago and San Francisco
Amazon's cashier-free grocery store of the future is coming to San Francisco and Chicago. The company is expanding its experimental Amazon Go store to the two US cities, but did not say when they would open. It has posted job …
Meet the First Black Woman Owner and Operator of a Nationally Distributed Vodka
Vanessa Braxton is the owner and CEO of Black Momma Vodka, a company that offers various unique flavors of handcrafted, gluten-free vodka. As the first African-American woman to own a nationally distributed vodka, she stays true to her motto of …
Seattle passes a smaller version of the 'Amazon tax'
A controversial proposal that will tax big businesses in Seattle to alleviate the city's homelessness and affordable housing problems was approved Monday.
CBS sues Shari Redstone, its controlling shareholder
CBS, led by Leslie Moonves, issued a corporate declaration of war against its controlling shareholder Shari Redstone on Monday morning. Redstone has been pushing CBS Corporation and its sister media company, Viacom, to merge.
Paul Wall, Cricket Wireless Team for Mother’s Day Surprise
When Paul Wall heard the story of Dr. Bernada Baker and “Baby Bella,” he had to spring into action.
Texas Black Expo Celebrates 15th Anniversary with a Tribute to the Resilience of Houston Residents and Businesses after Hurricane Harvey
The Texas Black Expo Summer Celebration is the largest African-American empowerment trade show and festival in Texas. This year’s theme is Resilience: Weathering the Storms of Business. The 15th annual Texas Expo runs Thursday, June 7th to Sunday, June 10th …
Walmart is buying India's Flipkart
Walmart has agreed to buy India's leading online retailer Flipkart, paying $16 billion for a controlling stake of 77%.
Wells Fargo and LISC Join Forces to Fuel Economic Opportunities in Houston’s Underbanked and Low-Income Communities
Wells Fargo is providing $2.5 million to help expand the Local Initiatives Support Corporation’s (LISC) Financial Opportunity Centers (FOCs) to help underemployed workers in 15 metro areas over the next three years. The grant is expected to help provide employment …
