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Shawn “Jay-Z” Carter and Sean “Diddy” Combs have joined together to donate $1 million to the American Red Cross to help victims and refugees of Hurricane Katrina.

As African American men the entrepreneurs could not just sit and...

Jay-Z said he took the job as president of Def Jam Recordings in January because he needed a challenge and wanted to prove...

Adidas said Wednesday it will buy shoemaker Reebok for $3.8 billion, giving the company about 20 percent of the U.S. market. Adidas is very popular in Europe among soccer and athletics while Reebok is very popular among US...

Faced with a stagnant $17 billion athletic-footwear market, Nike is trying to lift its business by launching an upscale urban fashion line. The new line will be called Blue Ribbon Sports, which was the name of the company before...

Topps the maker of trading cards and sticker album collections featuring professional athletes and popular television, movie, and other licensed characters, announces it has struck a deal with CEO/President of Island/Def Jam and...

Groundbreaking ceremony were held for the first 40/40 Club outside New York city on Thursday, in front of an audience of journalist and dignitaries. The upscale sports lounge is expected to open Oct. 1 as part of The Walk, a new...

Universal Music Group's Def Jam Recordings division is launching Roc La Familia, a new imprint aimed at the exploding urban Latin and Caribbean market.

"Everybody talks about the world getting smaller, well we are doing...

The $55 billion footwear and sports apparel market has long been the domain of pro athletes, but no more. Jay Z, 50 Cent, Snoop Dogg, Xzibit and Missy Elliott, are the new stars of big-money endorsements, a field formerly...

Jay Z has been named the wealthiest man in Hip-Hop, he is said to be worth $320 million, following the sale of Roc-A-Fella Records to the Universal Music Group.
Jay responded to the news by saying, "It's all in the plan....

Jay-Z, in conjunction with Reebok and the S. Carter Academy is offering one qualified applicant an internship position at Def Jam Records where Jay-Z serves as president. The internship program with Def Jam Records is designed to...

Will Smith, Jada Pinkett Smith and Jay-Z are among the big-name investors in a Brooklyn-based beauty line called "Carol's Daughter" founded by Lisa Price. The group of movie and music stars invested $10 million in the Brooklyn...

On Apr. 7 a group of Hip Hop artist took the stage at Manhattan's Dodger Stages, for a select audience of about 50. This wasn't a VIP concert however. The artist, Ludacris, Big Boi, and Jermaine Dupri where there to tell...

Def Jam CEO Jay-Z and Reebok has announced plans to open an education centre in New York. The S Carter Academy will open in the spring, and will focus on music, sports and fashion. The centre will be featured in a television...

Reebok said it's pushing up the launch date for the new S. Carter shoe collection backed by Jay-Z because of huge consumer demand.

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

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