Category: Business

Beyonce parts ways with adidas; Announces new collaboration with Balmain

Adidas ended its partnership with pop singer Beyonce after sales of her adidas x Ivy Park gender-neutral streetwear line flopped

Silicon Valley Bank shut down by regulators sparking a rush on banks; One woman lost $10 million

A small business owner and social media influencers are among depositors who lost millions when the feds shut down Silicon Valley Bank

Byron Allen, Tyler Perry in head-to-head battle to buy majority stake in BET

Black billionaires Byron Allen (left) and Tyler Perry (right) are considering buying a majority stake in BET Media Group

Quality Control Records Acquired by Scooter Braun in $320M Deal

Atlanta-based Quality Control Records is no longer Black-owned. According to reports, the hip-hop label co-founded by

Beyonce’s adidas x Ivy Park gender-neutral line fell $200M below expectations

Beyonce's Adidas x Ivy Park gender neutral streetwear line debuts tomorrow, Feb. 9, despite being $200 million in the hole

Major insurance companies drop coverage on 2 popular car models

If you own a Kia or Hyundai, manufactured before 2019, you may have difficulty insuring your vehicle