Earvin 'Magic' Johnson has partnered with BASH Sports, LLC, to launch a new line of basketball footwear and apparel named Magic32.

Damon Dash will be financing a new comedy produced by Andrew Lazar and staring Annette Bening

These are the top earning black athletes according to the Forbes Magazine annual ranking of the Worlds 50 Hightest Paid Athletes. Tiger Woods leads the list again.

P. Diddy has been trading in the real estate market as of late buying and selling buildings.

In the hustling community we always look up to ball players, however the power is not on the playing court but in the hands of the man who pays the players. Meet the first owner in major professional sports history to win two...

The Council of Fashion Designers of America named Combs the top menswear designer of the year for his Sean John collection.

The Sean John apparel company is reportedly close to a deal to hire a veteran of the Calvin Klein and Donna Karan fashion houses to head its foray into women's clothing.

Magic Johnson Enterprises, has agreed to buy 30 Burger King restaurants in Atlanta, Birmingham, Ala., Dallas and Miami, effective July 1.