Here’s all the news you need to know:

London Breed has been sworn in today as San Francisco’s first black female mayor. During her speech, Breed spoke of the city’s homelessness crisis and her commitment to public safety, police reform, education and protecting the environment. The also ceremony included verses from “Lift Every Voice and Sing,” the National Anthem and a Maya Angelou reference.

Growing up in the Western Addition neighborhood, it never seemed possible that I could one day serve as Mayor,” Breed tweeted. “I would not be here today without the community that believed in me. I will do everything I can to afford those opportunities to the next generation.” (ABC News)

Oprah Winfrey is now investing in True Food Kitchen, a health-focused restaurant chain founded in 2008. The brand plans to expand across the U.S. by doubling its store count over the next three years. Winfrey, who says she’s “impressed with the team’s passion for healthy eating,” has not yet disclosed how much she will invest in the company, but True Food is already raking in $170 million in revenue this year. (Bloomberg)

Beyoncé and Balmain are collaborating on a capsule collection inspired by her Coachella set. The three-piece collection is comprised of the yellow and pink sweatshirts the Everything Is Love singer wore during her historical performance, as well as a black tee with her sorority-inspired graphics. Proceeds from the collaboration will benefit the United Negro College Fund. The line is set to launch at the Paris flagship store on Friday, July 13. (Vogue)

Chadwick Boseman is set to produce and star in new movie, 17 Bridges. The upcoming action thriller centers on a disgraced NYPD detective, portrayed by Boseman, who is given a shot at redemption after a citywide manhunt for a cop killer. The movie starts production in September. (Variety)

Papa John’s founder John Schnatter used the N-word during a recent sensitivity training call back in May. As a result of Schnatter’s behavior surfacing, the pizza chain’s stock has dropped and eliminated roughly $96 million in market value. He has since apologized, stating that “racism has no place in our society.” (Daily News)

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