Veteran banker John Utendahl is moving to Deutsche Bank.
The 52-year-old Utendahl had run his own boutique investment bank, Utendahl Capital Partners LP, from 1992 until this year, when he gave it... [more]
The NBA has approved Michael Jordan as the next principal owner of the Charlotte Bobcats making him the first former player and second black to own a controlling interest in an NBA... [more]
Tiger Woods brings in the big guns to help repair image after sex scandal.
The NY Post reports that Ari Fleischer, the former presidential advisor to George W. Bush and the man who was... [more]
Forbes magazine has released it's annual ranking of the worlds richest people. This year there are 1011 billionaires in the world up from 793 a year ago but still shy of the record 1,125 in... [more]
Today Forbes magazine will release its annual ranking of the world's richest billionaires. On last years list there were 6 black billionaires, how many will there be this year?
Last year Ethiopia's... [more]
Former NBA star Earvin Magic Johnson reported is in talks to acquire Johnson Publishing Co., publisher of Ebony and Jet magazines and an archive of iconic photographs documenting U.S. black life for... [more]
Cash Money Records co-founders Ronald "Slim" Williams and Bryan "Birdman" Williams have started an oil exploration company called Bronald Oil & Gas.
According to the... [more]
Appearing on CNN's AC360, Sean Combs, the CEO of Sean John Clothing and Bad Boy Entertainment told his interviewer, "I want to have an academy that's known for building leaders. I feel... [more]
Shawn "Jay Z" Carter is suing financing firm Highland Capital Management LP over a 2007 loan to build a hotel in Manhattan’s west side neighborhood of Chelsea, which was to be called the J... [more]
Eunice Johnson, widow of EBONY magazine founder, John H. Johnson, has died at the age of 93.
Born in Selma, Alabama, on April 4, 1916, Johnson received her bachelor’s degree in sociology with a... [more]
