Red Lobster, a prominent seafood restaurant chain with 649 locations across the United States, is reportedly considering a Chapter 11 bankruptcy filing as it grapples with mounting debt. According to sources familiar with the matter who spoke to Bloomberg on condition of anonymity, the company has engaged the services of law firm King & Spalding […]
On Tuesday evening in the Bronx, a street corner turned into a scene of violence as four individuals fell victim to gunfire, allegedly perpetrated by assailants on scooters. Police revealed that around 6 p.m., two scooters approached the intersection, from which approximately 10 shots were fired by passengers brandishing firearms. Assistant Police Chief Benjamin Gurley […]
The Black population, according to the 2018 United States Census estimates, accounts for approximately 14.6% of the nation’s populace, totaling 47.8 million people. Specifically, the Black-only population stands at 13.4%. Notably, since 1980, the black immigrant population has soared fivefold. Tragically, between 1500 and 1820, an estimated 12.5 million African men, women, and children were […]
Formerly known as Concrete Rose Capital, Westbound Equity Partners aims to inject millions into Black, Latino, and diversity-driven startups. Co-founder Sean Mendy emphasizes the importance of creating a more inclusive tech ecosystem and providing early-stage entrepreneurs with the resources they need to thrive. “This fund is about investing in the best companies and performance. On […]
NBA legends Carmelo Anthony, Chris Paul, and Dwyane Wade, alongside their philanthropic endeavour, the Social Change Fund United (SCFU), have announced a significant investment of $230,000 into two initiatives aimed at uplifting the Black community. This strategic move by the trio, who are not only renowned NBA athletes but also committed philanthropists and entrepreneurs, highlights […]
