2005 has been a great year for black business internationally. We made great strides at cracking the class ceiling but the struggle continues. This is a look back at some of the people who had great success over the past 12...
The Juvenile Diabetes Research Foundation International (JDRF), the largest charitable funder of diabetes research in the world, announced today that it has named Arnold W. Donald as President and Chief Executive Officer. Mr....
Robert Johnson, the founder of Black Entertainment Television, on Tuesday said he has signed a letter of intent with Carlyle Group to form a private equity fund manager.
Jamaican born, Canadian billionaire, Michael Lee-Chin, was named the 12th richest person in Canada by Canadian Business magazine.
Radio One CEO Alfred C. Liggins III, announced plans to launch the first national talk-radio network geared for a black audience.
RLJ Development, the company founded by BET founder Robert Johnson and Norfolk, Va. Officials announced plans Wednesday to build a luxury hotel and condominium project next to a new conference center and parking garage in...
Robert L. Johnson, the founder of Black Entertainment Television, today announced that he has signed a letter of intent with Deutsche Asset Management (DeAM), the asset management division of Deutsche Bank AG, to form and operate...
An agreement has been struck between Trinidad and Tobago based Caribbean Communications Network (CCN) and The Nation Corporation (Nation) of Barbados. The two media companies will merge to form one of the largest media outlets in...
Black Enterprise magazine today announced "The Hot List: America's Most Powerful Players Under 40" as featured in December's cover feature. The 2005 Hot List roster includes extraordinary professionals, entrepreneurs and moguls...
GMAC Commercial Mortgage Corporation (GMACCM) has provided $10.5 million in floating-rate, acquisition financing to RLJ Birmingham UAB Hotel LLC to purchase the Marriott Courtyard at 1820 Fifth Ave. South. RLJ Birmingham UAB...
WorldSpace, Inc. (Nasdaq: WRSP), one of the world leaders in satellite-based digital radio services, today reported its financial and operating results for the third quarter ended September 30, 2005.
WorldSpace finished...
WASHINGTON--(BUSINESS WIRE)--Nov. 4, 2005--Radio One, Inc. (NASDAQ:ROIAK and ROIA) today reported its results for the quarter ended September 30, 2005. Net broadcast revenue was approximately $101.4 million, an increase of 20%...
BankBlackwell, America's first African-American Internet bank, announced six investor seminars today. BankBlackwell is offering up to 1,664,000 shares of its common stock at a public offering price of $10.00 per share. The Bank...
Announces Second Quarter EPS of $0.23, Declares $0.08 Second Quarter Dividend and Accelerates Stock Repurchase Program NEW YORK, Oct. 27 /PRNewswire-FirstCall/ -- Carver Bancorp, Inc. (the "Company" or "Carver") (Amex:...
BankBlackwell, the first- ever African-American Internet Bank, has extended the completion date for its public stock offering to February 23, 2006. BankBlackwell is offering up to 1,664,000 shares of its common stock at a public...
Pamela Thomas-Graham is stepping down as chairman of CNBC, the business news cable channel, to become Group President at Liz Claiborne Inc., effective October 10. Liz Claiborne Inc., designs and markets an extensive range of...
Satellite radio service provider WorldSpace Inc. has reported its financial and operating results for the second quarter ended 30 June.
As of June 30, 2005, WorldSpace had acquired 63,930 subscribers. This represented net...
Magic Johnson is offering jobs to victims of Hurricane Katrina staying at a shelter in Los Angeles, in addition to helping provide them with shoes, food and entertainment.
The Chairman and CEO of <LINK...
Mvela Group the company controlled by South Africa's Tokyo Sexwale on Thursday reported a 21 percent increase in earnings per share for the year which ended in June.
The Group boosted cash generated from operations by 22 percent...
Shawn “Jay-Z” Carter and Sean “Diddy” Combs have joined together to donate $1 million to the American Red Cross to help victims and refugees of Hurricane Katrina.
As African American men the entrepreneurs could not just sit and...