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Richelieu Dennis announced that he would step down as CEO of Essence Communications following an explosive statement allegedly issued by past and current employees of the media company. Dennis, the founder of Shea Moisture and Sundial Brands, bought Essence Communications from TIME in 2018, which allowed the company to be 100 percent Black-owned. However, an…

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Netflix has hired powerhouse Bozoma Saint John as its new global chief marketing officer. Saint John, who was formerly named among Forbes list of World’s Most Influential CMOs, will be taking over for Jackie Lee-Joe beginning in August. She made the exciting announcement on social media with the caption, “#WATCHmework has taken on a whole…

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Mary J. Blige is joining the growing list of celebrities who have ventured into the wine business. The queen of R&B, who has long provided us with the musical soundtracks to our lives, has launched Sun Goddess Wines. She made the announcement Monday, June 29, 2020, on Instagram. “It’s finally here! @sungoddesswines I’ve been creating…

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Ben & Jerry’s has joined the Facebook ads boycott. The ice cream makers followed a number of high-profile companies in choosing not to post advertisements on the social media site throughout the month of July in support of the Stop Hate For Profit campaign, which was launched to help stop the spread of racist and…

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Juneteenth, celebrated each year on June 19, commemorates the emancipation of African slaves in America. As we approach this day of celebration, rolling out is urging our community to continue to support Black businesses. While countless Black-owned businesses are serving and uplifting our community, we have compiled a short list of 11 here for you…

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Basketball great Allen Iverson is known for his successful career in the NBA, his iconic style that changed the game, and his smart business moves. Iverson, who turned 45-years-old on Monday, has a lot to celebrate, including a significant payout that he can expect in the next 10 years on his 55th birthday. According to…

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  Rihanna has pledged her support to the Blackout Tuesday movement. The 32-year-old star has taken to her Instagram account to announce that her Fenty fashion and beauty brands won’t be doing any business on Tuesday, June 2, 2020, in response to George Floyd‘s death last week. Underneath a black box, Rihanna wrote: “we ain’t…

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Michael Persaud and his brothers, Mark and Irwin Persaud, understand the value of leveraging culture. After years of working in the fields of music, media and entertainment with companies such as Quincy Jones’ Qwest/Warner Brothers Records and RCA Records, the Persaud brothers decided to delve into the financial arena. They now serve as wealth management…

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