Franklin D. Raines, chairman and chief executive of Fannie Mae, received $17.1 million...

Robert L. Johnson Founder of BET and the owner of the new NBA team the Charlotte Bobcats, has sold a minority stake in the team...

Jay-Z is to be nearly doubling the size of his Flatiron District club 40/40.

Damon Dash who said he will only wear a pair of runners once, spent $1,800 on white towels

Mr.Lee Chin recently toured the tourist resort with architect Daniel Libeskind who is designing the permanent memorial for the victims of the World Trade Centre.

Sean John and Zac Posen, one of fashion's brightest new stars has formed a joint venture.

Shyne expected to sign a $3 million record contract with Island Def Jam

Reebok will offer two new shoes in its S. Carter Collection this summer.