business

A Hyde Park couple is one step closer to making their financial dreams come true. A deal set to become final next month between the nonprofit Historic Boston Incorporated and business owners Nikia Londy and Baron Langston of Intriguing Hair will pass ownership of the recently restored Vertullo Building, in which the wig shop has conducted business for the last six years.

After a study released last year looking at racial disparities in city contracts showed steep inequalities between dollars going to Black, Latinx and white bidders, Mayor Michelle Wu is now looking to close the gaps with a new pilot program being pitched to the City Council.

America’s biggest bank planted official roots last week in Mattapan Square with the cutting of a Chase-logo ribbon by America’s most powerful banker.

When local community activists approached Gordon Thompson to supply masks to local communities, the CEO of the medical supply company Westnet didn’t hesitate.

In a packed, warmly lit room looking out on Columbus Avenue and the Northeastern University campus, speakers celebrated the grand opening of The Underground Cafe + Lounge Sept. 20.

Supplier diversity is a crucial part of an organization’s success. It’s a way for companies to promote innovation, cultivate networking, boost hiring, and perhaps most important of all, a way for companies to experience the many benefits of diversity while taking steps to close the racial equity gap.

Only 500 individuals can serve as the Fortune 500 CEOs in any year. It was not until 1987 that Roxbury’s Clifton R. Wharton became one of this select group of business leaders and thereby broke the color barrier.

Sizzling skillets and three-course menus abound in Boston once again during Dine Out Boston restaurant week, August 8-21. For two weeks, diners can experience new restaurants or old favorites through fixed-price lunch and dinner menus ranging from $15-$38.

Launching the food truck is a labor of love years in the making. Growing up as the child of restaurant owners in Miami, Nathalie Lecorps realized at a young age she wanted to follow in her family’s footsteps – feed people delicious food that fills their souls and stomachs.

The murder of George Floyd in Minneapolis a year ago put a spotlight on racial inequality in all forms — including business. The resulting conversation about race has changed where many consumers have been spending their cash. Searches on Yelp for Black-owned businesses across the country jumped 3,085% from February of 2020 to February 2021, according to a data analysis by Yelp.

Disparities in family wealth and discriminatory lending patterns are major contributors to Black and Latino entrepreneurs accessing capital and loans to start and grow businesses in Massachusetts, according to a study released by the Boston Foundation last week.