Showing 11 results for:
sea-moss
Popular topics
All results
Keke Palmer is more wise with her earnings after filing for bankruptcy in her early adult years. The Illinois native, born in Harvey but raised in Robbins, entered into the industry as an actor at the tender age of 9 years old. She snagged her first role in the film “Barbershop 2: Back in Business” (2004) and was later featured in “Madea’s Family Reunion” (2006) as Nikki before landing her first lead role in “Akeelah and the Bee” (2006), reports US Weekly. For many child stars, navigating the industry is a journey, and Palmer had the backing of her parents throughout the highs and lows. They took the step of hiring a business manager when she was 12. “That has helped me immensely,” she said during the Building Wealth Today for Tomorrow Financial Empowerment Summit held on Oct. 12, 2024, at the UIC Forum in Chicago, IL. Despite the guidance of a business manager, Palmer still found herself in financial troubles. When she was between 18 and 19 years old, she filed for bankruptcy. “I...
Mark Cuban believes it’s only a matter of time before an NBA player signs a $1 billion contract. The Dallas Mavericks’ minority owner shared his thoughts during an appearance on Shannon Sharpe’s “Club Shay Shay” podcast. When Sharpe asked if he thinks the world will ever see such a monumental deal, Cuban responded, “Yeah, but that presumes that TV keeps on going up the way it is. But, you’re going to see a hundred million dollars a year here shortly. Because if the TV contract has 10% increases in the cap, [which is] the way the CBA works. You saw Steph [Curry] had 62 million for one year… and it’s going to go crazier.” The Collective Bargaining Agreement (CBA) defines the employment guidelines and agreements for all professional basketball players in the National Basketball Association, per its website . It also outlines the rights and responsibilities of the NBA Clubs, the NBA, and the National Basketball Players Association (NBPA). Sharpe’s question was prompted by 25-year-old...
Auntie. Unc. These nicknames came out of nowhere, and they’re not coming from your actual nephews and nieces. Birthdays are flying by, but you still feel the same age as prior years. Weird times. Photo credit: Polina Tankilevitch You may already know that starting a retirement plan early on means you’ll be ahead of the game, but it just seems like retirement is so far away. According to recent data from the Federal Reserve’s 2022 Survey of Consumer Finances , 45.6% of families are not investing for retirement. Whether you’re in the 54.4% who do have a retirement plan or not, the birthdays are going to continue regardless. Or, maybe you’re one of the few who decided to start trying to figure out the retirement savings “magic number” to strive for while Gen Z and Gen A have already assumed you get senior discount breakfasts and an AARP magazine subscription . Can You Survive On Social Security Benefits While Working? Instead of worrying about gray hair on your head ( or other places )...
The lawsuit preventing Fearless Fund from allocating funding to Black women entrepreneurs has been settled. As AFROTECH™ previously reported, Fearless Fund, currently led by founding partner Arian Simone, was sued by legal activist Edward Blum and his American Alliance for Equal Rights group. In the lawsuit, filed in the U.S. District Court in Atlanta, GA, in August 2023, the investment firm had been accused of “explicit racial exclusion” for creating a grant program that was “open only to Black females,” with the lawsuit alleging that it went against the Civil Rights Act of 1866. Blum and the group flagged Fearless Fund’s efforts of providing $20,000 in grants and mentorship directed to Black women due to a violation of “race neutrality,” The Washington Post reports. Initially, U.S. District Judge Thomas W. Thrash was in favor of the Fearless Fund, which at the time had been guided by Simone and COO Ayana Parsons, who later stepped down from her role in April 2024. View this post...
The visibility from “Shark Tank” led to remarkable growth for The Transformation Factory founder Alexiou Gibson. Gibson is behind the sea moss brand, which was inspired by his personal health journey that resulted in a 300 pound weight loss from taking the algae in his daily lattes, CNBC reports. “Like most teens, I believed that I was invincible,” Gibson shared on “Shark Tank.” “I thought I would be fine and had time to get healthy later. It wasn’t until my doctor told me that I wouldn’t live to see my 30th birthday that I understood how serious I needed to be about living.” Recognizing the great power of sea moss through his 10-year health battle, the company website notes, The Transformation Factory now sells various sea moss gels in flavors dragon fruit, pineapple, mango, and strawberry banana. View this post on Instagram A post shared by The Transformation Factory (@seamosstransformation) Gibson pitched his company while on “Shark Tank” in 2022 and scored a $600,000 deal from...
For the second year, actor Michael B. Jordan and flavored bottled water company Propel aim to bridge the gap between resources and access for people striving to regain control of their health. Last year in partnership with Propel, Jordan used his influence and Propel’s funds to equip the WalkGood LA studio — a space for yoga enthusiasts of all levels — with the resources needed to establish its presence in the health and wellness industry. “We were looking for different organizations in LA, wanted to kick it off in Los Angeles, and open up their first physical space, The WalkGood Yard. This space enabled [WalkGood LA] to expand their programs and classes in a central location, providing the facility and location to grow their brand and reach the community at large,” Jordan said in an interview with AFROTECH™. “This year, we’re creating spaces for other organizations. Instead of going to them, we’re opening under one roof, creating a rotating space for up to 16 organizations to come...
In 2015, film and television producers Lee Daniels and Danny Strong debuted the critically acclaimed television series, “Empire,” starring actors Taraji P. Henson and Terrence Howard. As characters, they portrayed a complicated couple attempting to navigate the duality of family and business. Each week, viewers were engrossed in the drama of this fictitious musical dynasty, but behind the scenes everything wasn’t as glamorous as it seemed. Howard has been in a legal battle over his salary from the show since December 2023. According to a previous post from AFROTECH™, the “Hustle & Flow” actor claims he received up to 50% less than what his white counterparts would have made in a starring role similar to “Empire’s” music mogul character Luscious Lyon. Terrence Howard’s Complaints Based on the lawsuit documents filed against the Creative Artist Agency (CAA), the complaint alleges that Howard was unaware of the fees and conflict of interest the agency would impose. Additionally, after...
The early-to-mid-2000s was a particularly unique era in rap music. From the tall white T-shirts to the emergence of popular dance trends, rappers during this era kept listeners hungry to keep up with every trend they introduced. Nelly was among those influential rappers. Born Cornell Iral Haynes Jr., Nelly burst onto the music scene in 2000 with his debut album, “Country Grammar.” The album and its title track earned Grammy nominations during the 2001 awards, prompting insight into the rapper’s trajectory. The current father of four would experience more success following his debut release with other songs such as “Hot in Herre,” “Air Force Ones,” and “Pimp Juice.” Nelly’s success would land him additional Grammy nominations, with him eventually earning three awards, according to the Grammys website. While the St. Louis, MO-raised rapper experienced significant success in the music industry, he did not subject himself to staying behind the mic. Nelly launched the record label Derrty...
If you want to go fast, go alone, but if you want to go far, go together. That was the case for these Black women, who teamed up with friends to launch a cannabis company. Chicago Reader reports Grow Greater Englewood Executive Director Anton Seals Jr. was joined by Harvard Law School grad and entrepreneur J.T. Stinnette, the group’s wellness officer Jamaal Kendrick, restaurant owner Chris “Dough” Fryison, and additional silent partners to launch Organic Urban Revitalization Solutions (OURS) in 2019. Their collective aim is to introduce a “culture-driven urban brand” in Illinois, with the overarching goal of enhancing Black and brown communities by setting a higher standard for equity within the cannabis sector, their company website mentions.