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More Corporations Have Slashed DEI Initiatives - Part 2
News

More Corporations Have Slashed DEI Initiatives - Part 2

We previously published a list of the major corporations that have rolled back their commitments to diversity, equity, and inclusion (DEI). Unfortunately, that list continues growing. Companies that once publicly pledged to support marginalized communities are now quietly scaling back or completely eliminating these initiatives. Whether it's due

21 Mar 25 3 min read
Corporations Remaining Committed to Their DEI Initiatives
News

Corporations Remaining Committed to Their DEI Initiatives

In the face of increasing scrutiny and political pressures, several prominent corporations have denounced their DEI policies while others have boldly reaffirmed their dedication to Diversity, Equity, and Inclusion (DEI) programs.  Today we’re highlighting those companies that are standing firmly by their DEI initiatives, recognizing that fostering an inclusive

14 Mar 25 4 min read
Official Black Wall Street Launches Exclusive Club & Safe Haven For Black Founders
News

Official Black Wall Street Launches Exclusive Club & Safe Haven For Black Founders

Official Black Wall Street (OBWS), the premier digital platform dedicated to empowering Black-owned businesses, is proud to announce the launch of The OBWS Founders Club—an exclusive membership community designed to empower, connect, and uplift Black entrepreneurs with the network and resources tailored for long-term success. At a time when

10 Feb 25 2 min read
The List of Corporations Slashing DEI Initiatives
News

The List of Corporations Slashing DEI Initiatives

In 2020, the racial reckoning sparked by the murder of George Floyd led corporations to make sweeping promises about diversity, equity, and inclusion (DEI). Many pledged millions of dollars, launched new initiatives, and vowed to create meaningful change. Fast forward to 2024 and 2025, and we’re seeing a troubling

27 Jan 25 4 min read
Mattel Is Honoring Venus Williams With Her Own Barbie Doll
News

Mattel Is Honoring Venus Williams With Her Own Barbie Doll

In celebration of its 65th anniversary, Barbie is honoring nine trailblazing woman athletes with one-of-a-kind dolls in their likeness, including the legendary tennis star Venus Williams. This initiative by Mattel not only commemorates Barbie’s legacy but also aims to empower young girls by showcasing real-life role models who have

17 Jun 24 2 min read
Meet the Black Entrepreneurs Transforming Shipping Containers into Affordable Homes
News

Meet the Black Entrepreneurs Transforming Shipping Containers into Affordable Homes

Jessica Lewis and Ibrahim Smith are not only disrupting traditional building methods but also pioneering an innovative approach to affordable housing. As the founders of MOBU Enterprises, they are transforming shipping containers into disaster-resistant, sustainable homes, marking a significant milestone for Black-owned businesses in the construction sector. The inception of

13 Jun 24 2 min read
Black-Woman-Owned Beauty Brand Acquired by West Lane Capital Partners
News

Black-Woman-Owned Beauty Brand Acquired by West Lane Capital Partners

In a significant move within the beauty industry, Mented Cosmetics, a pioneering Black woman-owned beauty brand, has been acquired by West Lane Capital Partners. The acquisition marks a new chapter for Mented Cosmetics, known for its inclusive range of makeup products catering to women of all complexions. Co-founded in 2017

25 Apr 24 2 min read
This Black Woman-Owned Electric Company Secured Six-Figure Deal with Utility Giant
News

This Black Woman-Owned Electric Company Secured Six-Figure Deal with Utility Giant

Detroit Voltage, a pioneering Black woman-owned electrical contracting firm based in Detroit, has achieved a significant milestone by securing a six-figure deal with DTE Energy, the largest electric utility company in Michigan. This deal not only signifies a momentous achievement for the company but also highlights the entrepreneurial spirit and

23 Apr 24 2 min read
Jamie Foxx Unveils New Whiskey Brand With Partner
News

Jamie Foxx Unveils New Whiskey Brand With Partner

Academy Award-winning actor, comedian, and musician Jamie Foxx has joined forces with spirits incubator WES Brands to introduce a new whiskey brand: Brown Sugar Blend (BSB). BSB Whiskey is not just another spirit on the shelf; it's a labor of love that took over two years of meticulous

15 Apr 24 2 min read
Serena Williams Launches Inclusive Make Up Line: Wyn Beauty
News

Serena Williams Launches Inclusive Make Up Line: Wyn Beauty

Serena Williams, renowned as the queen of the tennis court, is now making strides in the beauty industry with the launch of her inclusive makeup line, Wyn Beauty. Inspired by her passion for both victory and beauty, Williams introduces a range that embodies her ethos of empowerment and inclusivity. With

03 Apr 24 2 min read
This 14-Year-Old Created A Watch To Detect The Signs Of Stroke
News

This 14-Year-Old Created A Watch To Detect The Signs Of Stroke

14-year-old Naya Ellis has had a passion for science since childhood, driven by her aspiration to make a meaningful difference in the medical realm. Her journey traces back to the age of 7 when she tended to her mother, battling breast cancer, diligently changing bandages in a gesture of love

02 Apr 24 2 min read
Four Ways YOU Have Been Wasting Time!
News

Four Ways YOU Have Been Wasting Time!

"The major difference between achieving people and average people is how they use their time." - John Maxwell TIME is the most important resource known to mankind. Are You Wasting It? There are hundreds of productive ways to use our time but there was never a class on

14 Mar 24 2 min read
A Timeline of Beyoncé’s Many Wins (and Fails) In Business
What's New

A Timeline of Beyoncé’s Many Wins (and Fails) In Business

With an estimated net worth of $800 million, Beyoncé Giselle Knowles-Carter is undoubtedly a multi-generational cultural icon who dominates off the stage as well (just ask the Beyhive). Having recently launched her haircare brand, Cécred (pronounced sacred), she’s fulfilling one of her lifelong dreams of creating hair products that

08 Mar 24 4 min read
19 Black Women Poets of Today and Yesterday
Black History

19 Black Women Poets of Today and Yesterday

When I think of Black female poets, I think of Maya Angelou. I think of Audre Lorde. I think of Toni Morrison. While these women were some of the greats, regardless of their gender or race, they are joined by a ton of other great women. The poetry world might

27 Feb 24 9 min read
Issa Rae Is Launching A Studio To Create Opportunities For Creators
News

Issa Rae Is Launching A Studio To Create Opportunities For Creators

Issa Rae is expanding her business portfolio with a new up and coming venture.  In a recent conversation with Time Magazine, the multifaceted actress and producer unveiled an array of new projects and ventures coming down the pipeline. Issa Rae is emphatically signaling that she's far from reaching

13 Feb 24 1 min read
Byron Allen Submits Bid To Purchase Paramount Global For $14.3B
News

Byron Allen Submits Bid To Purchase Paramount Global For $14.3B

According to The Hollywood Reporter, Allen Media Group extended a $14.3 billion offer to acquire the remaining shares of Paramount Global. If green-lit, this deal would encompass Paramount's debt, estimated at around $15 billion. According to the outlet, a statement indicated, "Mr. Byron Allen submitted a

01 Feb 24 1 min read
Did You Know These Major Companies Have a Black CEO?
News

Did You Know These Major Companies Have a Black CEO?

Who do you envision when you think of the CEOs of the major companies in the world? I don’t know about you, but I automatically assume that the three words that can be used to describe our money still apply - old, white, male. While this is mostly still

01 Sep 21 5 min read
11 Black Companies You Can Invest In Right Now
News

11 Black Companies You Can Invest In Right Now

BUY BLACK, BUY BLACK, BUY BLACK. With the surge of support we’ve seen for Black-owned businesses, it’s necessary to recognize that this isn’t the only way to demonstrate it. You might think you are investing in the future of these companies, but you can literally invest in

12 Jul 21 3 min read
Five Steps for Starting Your Journey to Financial Freedom
News

Five Steps for Starting Your Journey to Financial Freedom

Whether consciously or subconsciously, you probably find yourself comparing your finances to that of your personal and professional peers. Don’t. When it comes to money, everyone is starting at a different place. And that’s perfectly fine. Money comes and money goes, no matter who you are, so it’

05 Feb 21 4 min read
Darlyng & Co. Creates the First Black-Owned Gift Registry for Kids
News

Darlyng & Co. Creates the First Black-Owned Gift Registry for Kids

Darlyng & Co. [https://www.darlyngandco.com/], a lifestyle tech-enabled kids brand, creates the first Black-owned gift registry for children. With products ranging from everyday essentials such as skin care, hair care, toys, and more, this will allow parents to create gift registries with over 100 Black-owned, invented, and designed

21 Dec 20 3 min read
7 Effective Ways to Support Your Staff Through the Pandemic
News

7 Effective Ways to Support Your Staff Through the Pandemic

Many words have been used to describe the COVID-19 pandemic. Unprecedented is one, difficult is another. While the coronavirus has had an impact on health and medicine, this is closely followed by the stresses of work and employment. With millions of people currently unemployed, millions more are worried about job

03 Nov 20 4 min read
Brother and Sister Join Forces To Create Puzzles For Us, By Us
News

Brother and Sister Join Forces To Create Puzzles For Us, By Us

The last decade ushered in the rise of the smartphone. You’d be hard-pressed to find someone who doesn’t have an iPhone or Android stuck to their hip. While we can all praise the advances of technology, the increase in “screen time” has made life a lot less personal.

29 Oct 20 2 min read
Meet The Black-Owned Business Putting African High Culture Jewelry on The Map
News

Meet The Black-Owned Business Putting African High Culture Jewelry on The Map

For Haby Barry, a proud Guinean American of Fulani descent, it was important that she represented her upbringing and culture when creating her signature jewelry line, Fulaba [http://www.fulaba.com]. While in search of and having trouble finding jewelry, particularly African jewelry, made with precious metals, Haby decided to

27 Oct 20 4 min read
This Entrepreneur Is Keeping Newlyweds Out of Debt With New Wedding Platform
News

This Entrepreneur Is Keeping Newlyweds Out of Debt With New Wedding Platform

Serial entrepreneur, Ruka Curate, knows what it takes to succeed as a Black woman business owner. OBWS first connected with the Brooklyn native in September 2019 [https://blog.obws.com/black-owned-nanny-tiny-treasures/] to learn about her start-up, Tiny Treasures Nanny Agency [https://www.tinytreasuresnyc.com/]. Since then, Ruka has gone on

20 Oct 20 5 min read
Meet The Winners of The Inaugural OBWS Black Entrepreneur of the Year Awards
News

Meet The Winners of The Inaugural OBWS Black Entrepreneur of the Year Awards

At Official Black Wall Street, Black entrepreneurs are celebrated every day. August was National Black Business Month, and we took it one step further by recognizing and awarding the creative and innovative minds of these trailblazing individuals. Last month, Official Black Wall Street introduced The Inaugural OBWS Black Entrepreneur of

02 Sep 20 2 min read
Meet The Black-Owned Brand Providing Eco-Friendly Bamboo Sheets
News

Meet The Black-Owned Brand Providing Eco-Friendly Bamboo Sheets

Prosper Heights [https://prosperheightshome.com] was founded in the small town of Prosper, Texas, and already created a tremendous buzz about their organic bamboo sheets! One blogger wrote, “Their linens are soft to the touch and make it so hard to get out the bed!” Prosper Heights has created a

21 Aug 20 2 min read
The West Coast's Last Black-Owned Bank Narrowly Avoids Hostile Takeover
News

The West Coast's Last Black-Owned Bank Narrowly Avoids Hostile Takeover

What is the West Coast known for? Some might say Hollywood. Others would tell you about the coffee. The West Coast is also considered the hub for technology. Unfortunately, the same couldn’t be said for Black-owned banking. The West Coast states (California, Oregon, Washington, and Alaska) are the home

25 Jun 20 3 min read
Starbucks Cancelled? 10 Black-Owned Coffee Brands To Support Instead
News

Starbucks Cancelled? 10 Black-Owned Coffee Brands To Support Instead

May I have a venti low-fat Iced Caramel Macchiato with four shots, six pumps, and extra caramel drizzle? Or not. Following the murder of George Floyd, tons of corporations took to the Internet to pledge their support of the Black Lives Matter movement and their stance against racial injustice. Starbucks

13 Jun 20 4 min read
Buy Black With The Official Juneteenth 30-Day Challenge
News

Buy Black With The Official Juneteenth 30-Day Challenge

Do you buy black? Wherever you are, look around you. How many of your belongings come from a Black-owned business? One? None? How often do you support local Black-owned businesses and restaurants? There are thousands of Black entrepreneurs that deserve your support. These times are calling for us to support

12 Jun 20 2 min read
Here's How You Can Support the Black Lives Matter Movement
News

Here's How You Can Support the Black Lives Matter Movement

Black lives matter. Whether it was at the height of Jim Crow in 1963 Alabama, or in 2013 when a 17-year-old boy was murdered on his walk home, or now in 2020 when a Black man was pinned beneath three police officers until he lost consciousness and ultimately, his life,

04 Jun 20 3 min read
5 Keys to Navigate Tax Filings And Your Stimulus Check During COVID-19
News

5 Keys to Navigate Tax Filings And Your Stimulus Check During COVID-19

Amidst the COVID-19 pandemic, there’s been some confusion regarding tax filings, payments and extensions (myself included). Thankfully I have my sources. As of March 20, 2020, the Department of Treasury made a few announcements, and the IRS confirmed such changes on their website. There are a few curveballs you

06 Apr 20 3 min read
HBCU Grads Created Holiday Wrapping Paper Featuring Black Santa
News

HBCU Grads Created Holiday Wrapping Paper Featuring Black Santa

Unable to find diverse holiday gift wrapping paper for their son’s Christmas gifts, husband and wife duo Shaun, a Morehouse College grad, and Jacquelyn Rodgers, a Clark Atlanta University grad, decided to take matters into their own hands. The couple founded Greentop Gifts [https://www.greentopgifts.com/store/], a

25 Nov 19 4 min read
Buy Black: The 2019 Black-Owned Holiday Gift Guide
News

Buy Black: The 2019 Black-Owned Holiday Gift Guide

It's that time of the year again! Every holiday season there are major talks of buying Black and supporting Black-owned businesses, especially during Black Friday. Let’s get ahead of the curve by investing our holiday money back into our community. We've rounded up amazing Black

01 Nov 19 7 min read
This Black Entrepreneur Built A Global Designer Watch Empire
News

This Black Entrepreneur Built A Global Designer Watch Empire

Millennial entrepreneur and London-native William Adoasi is no stranger to the startup life after launching his first company at the young age of 19. Ten years later, William quit his job as a consultant and combined his love for watches with his desire to give back to create the watch

21 Oct 19 5 min read
New Black-Owned Brooklyn Restaurant Has 24K Gold-Infused Lobster Rolls
News

New Black-Owned Brooklyn Restaurant Has 24K Gold-Infused Lobster Rolls

On August 17th, 2019, Bk Lobster officially held it's grand opening at its new location in Crown Heights, Brooklyn. The brand new eatery will be headed by Restaurateur, Latisha Jefferson; Promoter, Day Hampton; Soul Food Chef, Tequila Silva; Marketing & Advertising Strategist, Jamila Boyd; Investment Strategist, Tony Brooks;

11 Sep 19 1 min read
Black-Owned Businesses to Support This Valentine's Day
News

Black-Owned Businesses to Support This Valentine's Day

It's that time of the year again... Valentine's Day is right around the corner, which means the pressure is on to find the perfect gift for that special person in your life. We've got you covered with a list of Black-owned businesses to support

01 Feb 19 5 min read
How Three Black Women Accomplished Their Dream of Owning a Lingerie Boutique
News

How Three Black Women Accomplished Their Dream of Owning a Lingerie Boutique

We all have great ideas that consistently live on the backburner right? For Kerlyne, Helene & Stephanie, that was The Fitting Curve [https://officialblackwallstreet.com/biz/the-fitting-curve/], size-inclusive lingerie shops with high-quality lingerie and the expertise of bra fittings. In 2016 that dream became a reality. With Kelly based in

24 Jul 18 4 min read
Announcing The Launch Of Our New App Making It Easier To Buy Black
News

Announcing The Launch Of Our New App Making It Easier To Buy Black

We're beyond excited to announce the launch of the Official Black Wall Street app [http://onelink.to/obwsapp]! The highly anticipated app combines social impact and tech, allowing people to seamlessly discover Black-owned businesses and circulate the Black dollar. Some of the app's most notable features

27 Oct 17 1 min read
53 Black-Owned Hair Care Brands You Can Support
News

53 Black-Owned Hair Care Brands You Can Support

With Black women and men purchasing nine times more [https://blog.obws.com/black-owned-beauty-supply-stores/] beauty and grooming products than any other ethnic group, yet owning less than 1% of that market share, it’s only right that we support the brothers and sisters who have stepped into the industry and

25 Apr 17 6 min read
Black-Owned Cannabis Businesses You Should Know
News

Black-Owned Cannabis Businesses You Should Know

As the number of states legalizing marijuana steadily increases, African Americans are slowly but surely carving out their own space within the billion dollar industry. Since Blacks have been disproportionately criminalized [https://blog.obws.com/wanda-james/] for marijuana possession for decades, it's refreshing to see more take hold

20 Apr 17 4 min read
Grow Your Brand Using PR Tips From Publicist & Business Owner Eddie Desormeau
News

Grow Your Brand Using PR Tips From Publicist & Business Owner Eddie Desormeau

Since launching her firm DE|1989 [https://www.de1989.co/] two years ago, Eddie Desormeau has secured countless mentions and features for her clients who are budding Entrepreneurs, Fashion Designers, and Artists. Her current client list includes, Indie Artist Callistus [https://soundcloud.com/callistus], popular contemporary clothing brand RUE107 [https:

11 Apr 17 3 min read
African-Owned Fashion Brand Highlights Ghanaian Royalty Through Swimwear
News

African-Owned Fashion Brand Highlights Ghanaian Royalty Through Swimwear

Ashanti Swimwear launched a £50,000 ($60,788) Kickstarter [http://bit.ly/AshantiSwimwearKickstarter] campaign - to their social media community. The ‘Swimwear with Culture’ campaign - tells the story of royalty from the Ashanti kingdoms of Ghana. With less than 20 days to hit their goal - Ashanti Swimwear continues

15 Mar 17 2 min read
Meet Mandy Bowman, the Founder of Official Black Wall Street
News

Meet Mandy Bowman, the Founder of Official Black Wall Street

We've gotten a few questions about Official Black Wall Street (OBWS) and the person behind the brand, so what better way to answer them than to have the founder herself walk you through a few of our most frequently asked questions. If there's anything else you&

19 Sep 16 6 min read
Summer Series: Black-Owned Fitness Businesses
News

Summer Series: Black-Owned Fitness Businesses

This Summer, take your health and fitness to the next level with these Black-owned businesses! If you know of a business that should be added to the list, add it to the comment section below. Fitness Foods Anger Management Nutrition Supplements [http://www.angermgmtfitness.com/] More Info: Fast working, and

05 Jul 16 7 min read
Watch Jesse Williams' Powerful Speech From the 2016 BET Awards
News

Watch Jesse Williams' Powerful Speech From the 2016 BET Awards

Jesse Williams was without a doubt the real MVP at last night's BET Awards. After being presented the Humanitarian Award "for his continued efforts and steadfast commitment to furthering social change," the 34-year-old Grey's Anatomy star took to the stage and gave an inspirational

26 Jun 16 3 min read
The Ultimate Guide to Millionaire Success
News

The Ultimate Guide to Millionaire Success

If you want success, emulate success. If you want to be a millionaire, study millionaires. Through countless hours of reading and watching YouTube interviews, I've discovered hidden secrets and documented what it takes to become a millionaire. Allow me to reveal the elite secrets to success from the

11 May 16 23 min read
52 Black-Owned Beauty Supply Stores You Should Know
News

52 Black-Owned Beauty Supply Stores You Should Know

For decades, the hair care industry in the Black community has been dominated by Asian entrepreneurs and larger corporations like Strength of Nature and L'Oréal. Both brands have had a strong hold on the "ethnic" beauty market especially after acquiring numerous brands from Motions to Softsheen-Carson.

27 Jan 16 7 min read
4 Reasons why Success is not a Goal... It's your Responsibility!
News

4 Reasons why Success is not a Goal... It's your Responsibility!

What is the meaning of achievement for our generation today? Coming up with one autonomous definition can be tricky. Why is money always the ultimate indicator of someone's success? I mean, although it's possible, nobody would look at a millionaire and call him a failure. However,

10 Jan 16 2 min read
Unbought And Unbossed: Shirley Chisholm, Ahead Of Her Time
Black History

Unbought And Unbossed: Shirley Chisholm, Ahead Of Her Time

Recently President Obama presented the distinguished Presidential Medal of Freedom to several deserving recipients, and although posthumous Shirley Chisholm’s name was rightfully one of those to top the list. She was an unflinching champion of minority education and employment opportunities for all. Shirley Chisholm didn't get into

21 Dec 15 1 min read
10 Things Successful Entrepreneurs Never Worry About
News

10 Things Successful Entrepreneurs Never Worry About

I believe we all have an entrepreneurial spirit! Why? Because we all desire more time, more freedom, and more happiness! I didn't become a full-time entrepreneur until recently, but when I look back, the signs were there. 1. I never liked working for other people, 2. I was

16 Dec 15 3 min read
Jewell Jones: Young, Black And Seated On The City Council
Monday Motivation

Jewell Jones: Young, Black And Seated On The City Council

While most adolescents in the state of Michigan are still trying to figure out their place in society, Jewell Jones is fighting for justice from within the City Council and bridging relations between the African American community and those who police them. Serving the people is nothing new for Jewell

07 Dec 15 1 min read
5 Ways To Become More Likable At The Workplace
News

5 Ways To Become More Likable At The Workplace

Why do so many of us go through life not liking certain people, or even worse, not being liked by many? Sadly half of us don't even know why. The fascinating part is, we hardly ever take the blame or ask ourselves "why?" someone thinks we&

02 Dec 15 3 min read
Black Friday Boycott: Sales Down By $1.2 Billion
News

Black Friday Boycott: Sales Down By $1.2 Billion

Black Friday is traditionally the busiest shopping day of the year, serving as the official kick-off to the holiday shopping season. With racial tensions high, black consumers nationwide used the weekend to protest the unfair treatment of African Americans with their money. After a weekend of shouting #NotOneDime and urging

29 Nov 15 1 min read
7 Ways Black Businesses Can Prepare For Black Friday
News

7 Ways Black Businesses Can Prepare For Black Friday

Black Friday is only a few days away. African American community advocacy groups and "leaders" everywhere are urging people to support Black owned businesses or not spend money altogether in protest of the continued mistreatment of African Americans, who it seems this country tends to forget are actually

24 Nov 15 5 min read
11 Black Kidpreneurs Leading The Way For The Next Generation
News

11 Black Kidpreneurs Leading The Way For The Next Generation

Can you remember what you were doing at the age of 11? Chances are you weren't running a lucrative business or trying to save the world one meal at a time. These black children and teenagers have accomplished a major feat by pursuing their passions and becoming business

06 Oct 15 6 min read
9 Black-Owned Ice Cream Shops You Should Know
News

9 Black-Owned Ice Cream Shops You Should Know

Today is National Soft Ice Cream Day, so it's only right that we share some of our favorite black-owned ice cream shops around the country. The following businesses serve the best in all things frozen from soft ice cream to frozen yogurt and custard. If you know of

19 Aug 15 3 min read
20 Black-Owned Wine + Spirit Brands You Should Know
News

20 Black-Owned Wine + Spirit Brands You Should Know

From Virginia to California and beyond, you'll find some of the richest and most flavorful wine and spirit brands owned and even produced by African Americans. Although less than 5% of the wineries in the United States are black-owned, the number is steadily growing. Of course, with such

05 Aug 15 6 min read
KweliTV: The Black Netflix We've All Been Waiting For
News

KweliTV: The Black Netflix We've All Been Waiting For

While Hulu and Netflix are great for binge watching the latest in mainstream media, they often don’t cater to the black community’s need for content starring… us. Surf through either platform and you'll be lucky to find a wealth of series or movies that reflect your

30 Jul 15 1 min read

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