John W. Thompson, chairman and chief executive officer of Symantec Corp., has resigned his board seat from utility company NiSource Inc., board of directors.

His resignation comes less than two months after Cupertino,...

Radio One, Inc. ("Radio One") (NASDAQ:ROIAK and ROIA) announced today that John W. Mathews has been promoted to Vice...

Rocawear the clothing company that’s co-owned by Damon Dash, Jay Z and clothing manufacturer the Comet Group is lunching a new Rocawear ad campaign for both men and women's wear for autumn/winter 2005.

The campaign will feature...

John H. Johnson 87, the founder of Jet and Ebony magazine died of heart failure on Monday, August 8, 2005. Johnson is the founder of Johnson Publishing Company, Inc., the biggest Black publishing company in America which he...

Shares of satellite radio broadcaster WorldSpace Inc. the company which is majority owned and controlled by Noah A. Samara rose from the initial public offering price Thursday, the stock's first day of trading.

The stock ended...

XM Satellite Radio today announced that it has made a strategic investment of $25 million in the common stock of WorldSpace, Inc., a leading satellite radio provider for Asia, Europe, the Middle East and Africa which was founded...

BET has hired veteran filmmaker Reginald Hudlin as its chief programmer, a move that industry observers hailed as a positive sign for a network that has long faced criticism for lacking quality programming.

Hudlin becomes chief...

The $55 billion footwear and sports apparel market has long been the domain of pro athletes, but no more. Jay Z, 50 Cent, Snoop Dogg, Xzibit and Missy Elliott, are the new stars of big-money endorsements, a field formerly...

Washington Mutual is furthering its partnership with Earvin "Magic" Johnson, Chairman and CEO of Johnson Development Corporation (JDC) by kicking-off a new phase in their commitment to increase homeownership in underserved...

There are about 6 billion people in the world in 200 independent countries, who speak in more than 6,000 languages. Only one in every eight people or 12.5% of the world’s population is believed to be black. This means there are...

In a move that should not suprise anyone, BET has decided to cancel its nightly news program. Since its sale to VIACOM, BET has been cancelling most of its public affairs programs like Teen Summit and Lead Story in recent years....

Sean Combs' Bad Boy Worldwide Entertainment Group will be venturing into film production with an up coming heist action-comedy movie. Combs recently signed a deal with Paramount Pictures and MTV Films, which is developing the...

Rapper LL Cool J (James Todd Smith) is sueing the clothing company FUBU for inadequate compensation. Smith claims that the owners failed to compensate him correctly for his role as the company's pitch man. Smith was first asked...

Harmony, chaired by businessman Patrice Motsepe, has launched a US $8 billion bid for Gold Fields. Harmony is currently the world's...

Time Warner has joined the battle for the assets of Vanguarde Media, the publishers of Savoy, Heart and Soul and Honey magazines that filed in December for protection from bankruptcy.