NEW YORK, NEW YORK - DECEMBER 15: Marcus Samuelsson attends José Andrés and Family in Spain D+ Series reception at Mercado Little Spain on December 15, 2022 in New York City. (Photo by John Lamparski/Getty Images for HBO)
Black History Month is coming to an end, which closes out Cheddar News' month-long series featuring Black-owned businesses and entrepreneurs.
Highlighted companies and individuals ranged from breweries and ice cream shops to celebrity chefs and congressional leaders.
Experts also provided background on the challenges facing Black-owned businesses and highlighted the untapped spending power of the Black community.
Here's a final rundown of the series in celebration of the end of Black History Month:
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
