Business - Page 2

FuelAL HBCU Innovation Internship Celebrates Spring 2026 Graduates, Welcomes New Fall Cohort

By Hazel Scott/ASU Excitement filled two Alabama cities recently as the FuelAL HBCU Innovation Internship Program celebrated the graduation of 20 student interns, with two of the graduates representing Alabama State University. The ceremonies, held at Innovation Depot in Birmingham and the HudsonAlpha Institute for Biotechnology in Huntsville, honored students from Historically Black Colleges and Universities (HBCUs) who gained valuable hands-on experience in Alabama’s thriving tech and innovation sectors. Two students represented Alabama State University: Emmanuel A. Hayes, a senior computer science major, and Jaden Bell, an ASU graduate from the first Apple Foundations cohort. Both Hayes and Jaden participated

WellWithAll Launches Multi-Year HBCU Health Equity Platform with $100,000 Investment in Mental Health Services at Tougaloo College

WellWithAll, the purpose-driven health and wellness company focused on closing generational wellness gaps, has announced the launch of the WellWithAll HBCU Pour Back Series, a long-term, multi-year commitment to invest in Historically Black Colleges and Universities (HBCUs) as critical engines of health, opportunity, and community wellbeing. CEO and Co-founder Demond Martin announced the news during his commencement address to the Class of 2026 on May 3. WellWithAll’s first investment through its new HBCU Health Equity Platform is a $100,000 commitment to scale mental health services, expand counseling access, and identify strategic wellbeing partnerships at Tougaloo College beginning with the 2026–27 academic year. Sharing the investment during Mental Health

Southern University Alum Tré Thomas Builds 30FirstDay Into Rising Talent & Brand Management Firm

Southern University alum Tré Thomas is building more than a company. He is building positioning. Through his firm, 30FirstDay Talent & Brand Management, Thomas is carving out space in the entertainment industry while staying rooted in the foundation that shaped him at Southern University A&M College. In a business where access often defines success, 30FirstDay is emerging as a firm focused on both talent and long-term brand strategy. Known for working with names like Lori Harvey and Ryan Destiny, the company operates at the intersection of culture, influence, and business. But beyond its growing client presence, the firm is also grounded in a

HBCU Students Take Center Stage at PROPEL Center’s Future of Tech Challenge

There’s a difference between talking about the future of tech and actually building it. That’s what stood out from the first-ever Future of Tech Innovation Challenge National Finals hosted by PROPEL Center in Austin, Texas from April 15 to 17. The focus was clear: give HBCU students the space to lead, create, and be seen. This wasn’t another surface-level diversity initiative. It points to what’s possible when Black students have real access to tools, training, and opportunity in AI and emerging tech. That’s where the shift is happening. The bigger picture matters. Black professionals make up about 12 to 13 percent of the workforce,

Black-led nonprofits didn’t see the lasting funding boosts promised after 2020’s racial reckoning

By The Associated Press The racial reckoning that followed George Floyd ‘s murder in 2020 carried hopes of new support for disproportionately underfunded, Black-led nonprofits. American companies stepped up donations to historically Black colleges and universities. Major climate funders pledged to give more toward minority groups. Large donors sought to narrow the racial wealth gap. But new research released Tuesday shows that such financial gains for many Black-led nonprofits were short-lived, if they happened at all. A subset of large, Black-led nonprofits saw only temporary funding increases between 2020 and 2022, according to the analysis by nonprofit research service Candid and

FedEx Invests in HBCU Pathways Through $2 Million Commitment

FedEx has deepened its long-standing support for Historically Black Colleges and Universities (HBCUs) with a four-year, $500,000 commitment to the business schools of Tennessee State University, Jackson State University, Mississippi Valley State University, and LeMoyne‑Owen College. This strategic investment marks a significant step in the company’s more than 20‑year legacy of advancing opportunities for HBCU students, reaffirming the company’s belief that these historic institutions are essential engines of talent, innovation, and community empowerment. The collaboration with FedEx is designed to meet the unique needs and strategic priorities of each HBCU partner and will enhance student success, empower faculty, and modernize

ORS™ Haircare and HBCU Culture Shop Partner to Celebrate HBCU Excellence and Community

 ORS™ Haircare is proud to partner with HBCU Culture Shop on a limited-edition HBCU-themed collection across select ORS Olive Oil products currently available nationwide. The partnership celebrates the pride, excellence, and cultural impact of Historically Black Colleges and Universities while deepening ORS’ engagement with HBCU communities across the country. Debuting during Black History Month, the collaboration marks the beginning of broader initiatives, including a planned HBCU Tour and student-centered programming designed to equip students with self-care knowledge and confidence as they pursue their goals. Black History Month serves as a reminder that legacy is not only something to reflect on, but something to build forward. Created

Jury finds Meta and YouTube negligent in landmark lawsuit on social media safety

By Shanshan Dong and Angela Yang A jury found Meta and YouTube negligent in the design or operation of their social media platforms, producing a bellwether verdict in the first lawsuit to take tech giants to trial for social media addiction. The Los Angeles County Superior Court jury said that Meta’s and YouTube’s negligence were a substantial factor in causing harm to the plaintiff, identified in court by her initials, K.G.M., and that the companies failed to adequately warn users of the dangers of Instagram (Meta’s platform) and YouTube (which is owned by Google). It awarded K.G.M. $3 million in compensatory damages, finding

Meta ordered to pay $375 million in New Mexico trial over child exploitation, user safety claims

By Reuters A New Mexico jury on Tuesday found Meta Platforms violated state law in a lawsuit brought by the state attorney general, who accused the company of misleading users about the safety of Facebook, Instagram and WhatsApp and of enabling child sexual exploitation on those platforms. The jury found that Meta violated New Mexico’s consumer protection law and ordered the company to pay $375 million in civil penalties. “We respectfully disagree with the verdict and will appeal.” a Meta spokesperson said in a statement. “We work hard to keep people safe on our platforms and are clear about the challenges

FCC green-lights Nexstar’s $6.2B merger with rival TV station owner Tegna

By Daniel Arkin The Federal Communications Commission has signed off on broadcast station owner Nexstar’s $6.2 billion deal to acquire rival company Tegna, a merger that would create the largest operator of local television stations in the country. In a news release Thursday, FCC Chairman Brendan Carr said the agency waived a rule that bars a single company from owning TV stations reaching more than 39% of U.S. households. The combined entity would cover at least 60%. “Waiving that rule here is consistent with longstanding FCC authorities and doing so promotes the underlying purpose of the FCC’s media regulations by promoting

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