The Canyon-Johnson Urban Fund, a partnership of Canyon Capital Realty Advisors and Earvin “Magic” Johnson, today announced the closing of its $1 billion Canyon-Johnson Urban Fund III.
Movie Director Spike Lee and Nokia have teamed up to create cell phone move based on video footage from the public.
Seem like not a day goes by without some new social network site launching. Welcome MyBlackCentral.com to the party.
Nigerian Billionaire Aliko Dangote's, Dangote Group has acquired a 45 percent stake in South Africa's Sephaku Cement for $378 million.
Radio One, Inc. has announced the acquisition of social networking company, Community Connect Inc., owner of BlackPlanet.com.
The Tavis Smiley Group and Nationwide Mutual Insurance Company has announced an exclusive three-year partnership.
Island Def Jam Music Group (IDJ) and Procter & Gamble's TAG brand announce the formation of a new hip-hop record label, TAG Records.
Barry Diller's IAC has launched a new Ask.com powered search engine targeting African-Americans.
According to the U.S. Census, 2.4 million (34%) of woman-owned businesses are owned by women of color (African Americans, Hispanics, Asians, and Native Americans).
CNBC honored Robert L. Johnson, at the fourth annual CNBC Executive Leadership Awards which was held at the New York Public Library.
Jay-Z and Mary J. Blige's "Heart of the City" tour has sold out seven of the first eight dates on its North American trek.
Apple Inc.'s iTunes music store has surpassed Wal-Mart to become the top music seller in the U.S.
