Russell Simmons has announced he will step down as CEO of Phat Fashions in order to pursue his other varied interests.

Russell Simmons and estranged wife, Kimora Lee, founder of Baby Phat, have rented new offices for their growing Simmons Jewelry line.

Hip-Hop entrepreneur Russell Simmons has accepted an invitation by the Diamond Information Center to lead a humanitarian fact-finding mission to South Africa and Botswana, November 26 through December 4, 2006.

Russell Simmons' Hip-Hop Summit Action Network will celebrate its fifth anniversary today by ringing the opening bell of The NASDAQ Stock Market at 9:30am at the NASDAQ MarketSite Location.

Russell Simmons' Rush Philanthropic Arts Foundation will receive a $2.5 million donation from NY real estate tycoon Ron Hershco for a neighborhood arts center.

Hip Hop entrepreneur Russell Simmions has partnered with jewelry manufacturer M. Fabrikant & Sons to launch a new collection of men's fine jewelry.

Hip hop mogul Russell Simmons' media group will launch a video-on-demand Hip hop channel this week, aiming to capture a slice of the greatly desired urban male demographic.

The channel, which will be called DoD, was...