Forbes magazine has released it's annual ranking of the world's richest people. The Forbes world's billionaires list consist of 946 billionaires, whose combined net worth climbed by $900 billion to $3.5 trillion. This years list...

Iconix Brand Group, Inc., today announced that it has entered into a definitive agreement to purchase the brand Rocawear for $204 million in cash with contingent payments of an additional $35 million of Iconix stock based upon...

There has been much uproar recently over the column written by Kenneth Eng entitled "Why I Hate Blacks," which appeared in AsianWeek, a national English-language newsweekly for Asian Americans. In the article Eng states that...

Forbes magazines Young Hollywood's Top-Earning Stars is an exclusive list of the entertainment industry's most sought-after talent under 21 years of age.

As a small business owner I'm always looking for ways to eliminate expense and improve my productivity, Now thanks to the rapid development of Web-based productivity tools (tools which allow users to work productively and...

Robert L. Johnson, majority owner of the NBA's Charlotte Bobcats, announced today the signing of a Memorandum of Understanding between the RLJ Companies (RLJ), the Overseas Private Investment Corporation (OPIC), the United States...

Two of the of America's oldest Black-owned financial services firms Atlanta Life Financial Group and Jackson Securities, LLC today announced the completion of there merger.

Black Enterprise today unveils its 2007 list of the Top 50 Power Brokers in Hollywood. In the March cover feature, BE spotlights the growing number of African Americans who have achieved record influence in show business.

Jamaica's Financial regulators, have charged Michael Lee-Chin’s National Commercial Bank (NCB) with failing to report suspicious money dealings by one of Jamaica's reputed drug Kingpins, Norris 'Deedo' Nembhard.

Robert L. Johnson's, RLJ Companies, LLC ("RLJ"), announced today that it has brought on Carole Valentine, a veteran leader in the student loan business and strategist to be the Chief Operating Officer of Urban Trust Bank...

The Universal Music Group to announce today that Jermaine Dupri one of the music industry's most consistently successful top-charted producers and songwriters, has been appointed president of Island Records Urban Music, a new...

Carver Bancorp, Inc. (the "Company" or "Carver") (AMEX:CNY) today announced that on February 5, 2007 its Board of Directors declared a cash dividend on its common stock of nine cents ($0.09) per share for the quarter ended...

Robert Johnson controlled RLJ Development, LLC affiliate RLJ Lodging Fund II, has acquired the New York LaGuardia Airport Marriott from LaSalle Hotel Properties (NYSE: LHO) for $69.0 million.

Emmitt Smith, former running back for the NFL's Dallas Cowboy's and winner of "Dancing With the Stars," now has his sights set on becoming a real estate tycoon.

Soft drink giant Coca-Cola has tapped Jay-Z and his multimillion-dollar apparel company Rocawear to help relaunch its Cherry Coke brand.

Investing in real estate wisely can make you lots of money. From investing in single family rentals to apartment buildings or commercial high rises, real estate investing can be very rewarding.

Billionaire Robert Johnson's Urban Trust Bank has entered into an agreement to put its branches in select Wal-Mart stores.