Black-owned Redemption Bank is introducing a debit card supporting single mothers living in government-subsidised housing. The Bank King card, which launched on Juneteenth, will donate from every available account to nonprofits that support underprivileged families, according to ABC News. “Bank King Card represents a new regenerative banking model that starts with investing in mothers who are a few hopeful dollars away from breaking out of poverty, and opening up America’s vaults of opportunity that have been closed to too many for too long,” Redemption Holding Co. chair and Chief Executive
Amira Rasool, founder and CEO of The Folklore, has just launched a new index that highlights the first 200 Black women founders to raise $1 million in venture capital funding. Alongside the index is The First 200 Podcast, featuring interviews with founders about their experiences as entrepreneurs. “As the Founder & Host, I will sit down with founders from the Index to explore what it really takes to raise capital, build venture-backed companies, navigate setbacks, and create lasting impact,” Rasool said in a LinkedIn post. Rasool raised $6.2 Million for her
A California judge is upholding more recent claims against Workday in its anti-discrimination lawsuit. Judge Rita F. Lin said under California law, the company could face discrimination for an incident that occurred at its state headquarters after Workday, stating that the state’s anti-discrimination laws did not cover its screening of applicants based outside California who were applying for jobs in other states and countries. This is part of a collective-action lawsuit alleging that its AI-powered hiring tools discriminate against workers age 40 and older. The lawsuit was first filed in February
Emma Grede recently announced on her book tour why she didn’t invest in Diarrha N’Diaye’s company, Ami Colé. On the “She’s So Lucky” podcast with host Les Alfred, Grede shared that she doesn’t back first-time founders unless she sees something “extraordinary” about both the person and the company, explaining she didn’t see that with Ami Colé. Emma Grede hiring Diarrha N’Diaya at SKIMS Whilst Grede did not think Ami Colé was worth supporting, she evidently thought she was worth hiring. After Alicia Scott of Range Beauty introduced N’Diaye to Grede,
Saint Augustine’s University, a historically Black college, has filed for Chapter 11 bankruptcy protection, according to Bloomberg. Founded in 1867, Saint Augustine’s is one of the oldest historically Black colleges in the US, but has faced financial struggles in recent years. Earlier this month, the board of directors at the Raleigh, North Carolina-based school voted unanimously in favor of initiating the bankruptcy process, as per a resolution included with court documents. On Monday, the college listed liabilities of $50 million to $100 million and assets of $100 million to $500
Audible has announced a new Audible Original from Kevin Hart, called Kids Make Me Angry, releasing on June 4. The audible is a partial memoir of Hart’s experiences as a father, but will also serve as a survival guide for parents. “I had no blueprint for being a dad, so I had to figure it out on my own,” Hart said in a press release. “And let me tell you, I wasn’t always perfect, but I showed up 100% of the time. In this Audible Original, I am getting real
The Southern Environmental Law Center filed an appeal challenging the Mississippi Department of Environmental Quality’s plan to issue an air permit to xAI’s affiliate company, MZX Tech. The appeal was filed on behalf of the NAACP, Young Gifted & Green, and the Safe and Sound Coalition, who believe the permit violates the law and threatens the health of families living in North Mississippi and South Memphis. The permit allows xAI to allow 41 polluting methane gas turbines—essentially a personal power plant—at a site in Southaven, Mississippi. The power plant would
IBM has agreed to pay $17 million to the US Department of Justice to settle allegations of illegal DEI practices, as CNN reported. The DOJ believes that the tech company engaged in illegal DEI practices” by factoring in “race, color, national origin, or sex” when hiring or promoting employees. The settlement “IBM is pleased to have resolved this matter. Our workforce strategy is driven by a single principle: having the right people with the right skills that our clients depend on,” an IBM spokesperson told TechCrunch. In May 2025, the
The US Department of Agriculture (USDA) is scrapping grants helping farmers secure land, according to POLITICO. Around $300 million was set aside to support nonprofits, tribal governments, and other organizations. These programs were created by The Increasing Land, Capital, and Market Access Program and gave underrepresented farms access to capital, planning, and efforts to reduce land loss. A letter shared with POLITICO said that the program “involved discriminatory preferences based on Diversity, Equity, and Inclusion” and “wasteful spending.” Scrapping grants for underserved farmers “USDA will prioritize unity, equality, meritocracy, and color-blindness in furtherance
Victor Glover will be the first Black astronaut to travel to the moon. Clover is part of NASA’s Artemis II mission, which includes Reid Wiseman, Christina Koch, Victor Glover, and Jeremy Hansen. The four astronauts will embark on a 10-day trip around the moon. The launch will be the first time astronauts have traveled to the moon in more than 50 years, according to NBC News. Whilst the astronauts will not land on the moon, the launch hopes to pave the way for a moon landing in two years. Glover will
