Forbesblk

07/15/2025

Red Lobster is a cultural tradition for many Black Americans born before 1990. Once a go-to casual dining option for birthdays, graduations, and post-church feasting, the seafood chain filed bankruptcy in 2024 after a decade of business struggles.

Now, the restaurant so iconic that it earned a mention in Beyoncé’s 2016 megahit, “Formation,” is hoping to make a comeback with a new millennial CEO at the helm, Damola Adamolekun. Before joining Red Lobster, Adamolekun was CEO of another struggling eatery, P. F. Chang’s. He was the company’s first Black chief executive, steering the chain through the pandemic years and overseeing the rollout of elevated takeout options.

Restaurant upgrades and new customer offerings were the centerpiece of the P. F. Chang’s revival, but Adamolekun has strategically integrated his own image into the Red Lobster rebrand. The CEO participated in a press tour that included an interview with the hosts of the syndicated hip-hop radio show and podcast, The Breakfast Club. Based in New York, the podcast surpassed a billion downloads in June 2025. Adamolekun’s appearance introduced him to potentially millions of listeners, most of whom are Black consumers between the ages of 18 and 34.

07/15/2025

07/11/2025

“When talent diminishes, character becomes more important.” “ NBA vet Tristan Thompson gets real with Forbes’ Jabari Young on The Enterprise Zone at . From championship rings to boardroom wisdom, he shares the secret sauce of long-term value.

07/11/2025

NBA forward Tristan Thompson joined Forbes senior writer Jabari Young on The Enterprise Zone at the Nasdaq MarketSite. During the discussion, Thompson talks about his favorite stock.

What’s a stock you invest in? Name them below.

07/10/2025

Howard University graduate Tahir Murray, recognized early on that the fashion industry would be his path to generational wealth. Murray, 26, could see the signs clearly, having grown up in the family business, Von’s Sneakers, which later became the famed School of Hard Knocks.
This retail store in New York City, which opened in 1970, becoming one of the first Black-owned shops in the country to obtain a license to distribute Nike products. Over the years, it evolved into a cultural movement, where Murray quietly absorbed the blueprint for building a lasting legacy.

“When it comes to being intentional,” Murray says, “running a brand; putting people first—these were all the lessons the family business gave me.”

Today, Von’s legacy continues with Legacy History Pride (LHP), Murray’s startup clothing line that specializes in themed Historically Black Colleges and Universities (HBCUs) apparel. The brand mainly makes revenue from licensing agreements with more than 30 schools, including Howard, Spelman College, and Morehouse College, alongside their e-commerce platform. LHP also has previous collaborations with Nike, NASCAR, and Nickelodeon.

07/10/2025

On the Yard, innovation is everything—and HBCU entrepreneurs are leading the charge.

Welcome to ‘The Yard to Market,’ ForbesBLK’s newest series highlighting HBCU founders, entrepreneurs and market-movers changing the game, building wealth, and impacting their communities.

Meet Tahir Murray, a Howard University alum and founder of Legacy History Pride (LHP), a premier HBCU-centric apparel brand. A third-generation entrepreneur, Murray employed an innovative model that pushed a dorm room idea into a market-moving venture.

Heading into its sixth year, LHP boasts high-impact brand partnerships with Nike, the NBA, and NASCAR alongside their licensing agreements with 30+ HBCUs across the country. Licensing got them in the door — partnerships pushed them to center stage.

To learn more about Tahir Murray and Legacy History Pride, link in bio.

07/09/2025

Track and field sprint legend Shelly-Ann Fraser-Pryce confirmed on June 23rd that this would be her final year running before beginning her retirement at the conclusion of the season. On Friday, the eight-time Olympic medalist competed in the Jamaica National Stadium one last time.

07/09/2025

Community Manager Ayisha Mendez is here to introduce our brand-new platform designed to enhance your experience with Forbes Communities. Get ready to stay informed, network with fellow members, and engage with new initiatives from Forbes. Here’s a teaser of why you should join!

http://on.forbes.com/61844tBDa

07/08/2025

Since DEI became a flashpoint in public discourse, a parallel revolution led by Black women entrepreneurs asserting independence and purpose has been emerging. This shift represents both a career pivot and a reallocation of talent and capital that has begun to reshape entire industries. Revelio Labs reports that DEI roles in corporate America peaked in early 2023, then declined by approximately 5% by the end of that year and dropped a further 8% into early 2024. Black women are responding by launching over 2.7 million businesses that now generate over $60 billion annually. Between 2017 and 2020, the number of employer firms owned by Black women grew by 18.1%, totaling around 52,374, 37.9% of whom hold advanced degrees.