Best-selling author, attorney, and founder of Hello Seven, Rachel Rodgers, is inviting the public to help fund her latest project — The Rachel Rodgers Show: Entrepreneurship, Uncensored. The new travel-meets-business TV series will spotlight people turning their ideas into successful businesses. “In it, we talk money. We talk mindset. We talk strategy, food, art, culture, our challenges, and community. Because that’s what entrepreneurship really looks like,” Rodgers says on her Kickstarter page. The Rachel Rodgers Show: Entrepreneurship, Uncensored The Rachel Rodgers Show strips away the glossy myths of entrepreneurship to reveal
Sequoia Capital’s chief operating officer, Sumaiya Balbale, stepped down from her role after partner Shaun Maguire made comments she considered Islamophobic, the Financial Times reports. In July, Maguire posted comments on X about New York mayoral candidate Zohran Mamdani, stating he “comes from a culture that lies about everything. It’s literally a virtue to lie if it advances his Islamist agenda.” Maguire later said that his critique was targeted only at Islamism (the political ideology) rather than the whole Muslim population. Sumaiya Balbale leaves Sequoia Capital Balbale, who is a
Africa’s wealthiest individual, Aliko Dangote —the richest Black man in the world —has reached a net worth of $30 billion as of October 23, 2025. His net worth’s last valuation change is more than $430 million, according to Bloomberg’s index. A few weeks ago, Bloomberg index stated that Dangote’s net worth was $29.6 billion, $400 million away from entering the $30 billion club. About Aliko Dangote Aliko Dangote is the founder and chairman of Dangote Cement, Africa’s largest cement producer. He also founded Dangote Refinery, the largest petroleum refinery in Africa.
Afua Kyei, Chief Financial Officer at the Bank of England, has been named as the most influential Black person in the UK. The annual list, conducted by Powerlist, highlights the most powerful people of African, African-Caribbean, and African-American heritage. As CFO, Kyei leads financial governance of the £1 trillion balance sheet, funding reforms, and upgrades to critical national infrastructure payments, while championing diversity and climate disclosure. “It is an incredible honour to be named Number One on the Powerlist in its 20th year,” she said in a press release. “For
Target announced it will cut 1,800 corporate jobs after trying to grow following four years of roughly stagnant sales and boycotts amid DEI backlash. In a memo sent to staff, Target’s incoming CEO, Michael Fiddelke, said the eliminated roles include about 1,000 employee layoffs and about 800 positions that will no longer be filled. “This spring, we launched our enterprise acceleration efforts with a clear ambition: to move faster and simplify how we work to drive Target’s next chapter of growth,” Fiddekele said in a company memo, shared by CNBC. “The
Trying to get your foot in the door in the corporate world as a Black woman isn’t easy. This becomes way more difficult when you’re also disabled. In 2023, the employment rate for people with disabilities in the US reached just 22.5%, and the numbers are even lower in tech. A global AWS community survey found that only 11% of respondents identified as having a disability or neurodiversity. Additionally, the unemployment rate for disabled people is reportedly twice as high as that of the general population, even though companies that are inclusive
A hair-braiding robot designed to cut styling time in half has won the President’s Innovation Challenge, a startup competition organized by Harvard Innovation Labs competition. Created by Harvard Business School alumni Yinka Ogunbiyi and David Afolabi, the Halo Braid robot aims to make the centuries-old art of braiding faster, more efficient, and more affordable for both stylists and clients. The 2025 President’s Innovation Challenge Hosted at Harvard, the the President’s Innovation Challenge invites students and alumni from its 13 schools to showcase groundbreaking ideas with the potential to transform industries.
Fawn and Keith Weaver, the founders of the Uncle Nearest whiskey brand, are opposing efforts to add more of their businesses that are already placed under judicial control. Nearest Green Distillery and the flagship Uncle Nearest whiskey brand have been under a receiver’s management since September, after lender Farm Credit Mid-America claimed the Weavers defaulted on more than $108 million in loans. The weavers opposing efforts Receiver Phillip Young asked US District Judge Charles Atchley Jr. to decide if other Weaver-affiliated businesses should be included in the receivership, including a
Black and other minority-owned businesses are being severely affected by the federal government shutdown. A recent survey conducted by the National Minority Supplier Development Council (NMSDC) reveals that these firms are being adversely affected by the economic downturn caused by the shutdown. The closure, which began on October 1, is expected to be one of the longest in US history. Additionally, new analysis by Creative Investment Research estimates that the shutdown could result in losses ranging from $400 million to $450 million for minority business enterprises (MBEs). Black businesses affected
Target is spotlighting its partnership with Russell Innovation Center for Entrepreneurs (RICE), a program supporting Black small business founders with access, education, and community, amid ongoing boycotts over its decision to rollback DEI initiatives. In a press release published on October 20, 2025, Target detailed its partnership with RICE, which began in 2020 and was renewed in 2024. The release comes just months after CEO Brian Cornell stepped down, following low foot traffic and sales. Target’s partnership with RICE The RICE’s Retail Readiness Academy (RRA) has allowed Black founders to expand
