At a press announcement at Madison Square Garden on Monday, Lexin Cheng,
Chairman and CEO of ZTE USA, announced that the ZTE Smartphone would be the
official smartphone of the N.Y. Knicks basketball team.
This week, L’Oreal USA will add Carol’s Daughter, a successful beauty
and skincare company created for and by African-American women, to its growing
roster of beauty brands. According to several news reports, the deal was inked a month after
Carol's Daughter's retail division exited Chapter 11 bankruptcy.
The launch of the Entrepreneurs Circle, a new initiative underwritten by Credit Suisse, will offer several forms of access - including bank loans and wealth advice - to African-American business owners.