Harpo Productions, the media company owned by billionaire talk show queen, Oprah Winfrey, is starting a new television development group that will seek out series projects for syndicated, network, cable and digital outlets.

In the Black Enterprise Magazine September feature, "Models Inc.," writer Alisa Gumbs profiles former African American models who transitioned from runway divas to savvy businesswomen—from the legendary Barbara Smith of B. Smith...

Sean "Diddy" Combs has the right to use his shorter nickname of "Diddy" in the UK after agreeing to an out-of-court settlement.

Forbes Magazine has once again released it's annual ranking of the 100 most powerful women in on the planet. This years list features 7 black women from the U.S., Africa and Jamaica.

Tracey Edmonds has been named president and chief operating officer of Our Stories Films, the production company launched last month by BET founder Robert Johnson.

BET Networks, a unit of Viacom Inc. (NYSE: VIA, VIA.B), announced Friday that BET Interactive, its Internet operating unit, is taking one of its most strategic steps in its six-year history with the cash buyout of its original...

Irving "Gotti" Lorenzo the founder of Murder Inc., is expected to sign a new deal this week with Universal Music Group, the world’s biggest music corporation.

Kansas City based Weld Wheel Industries, on Thursday sought Chapter 11 bankruptcy protection from creditors and said it plans to sell its assets.

Interior designer Ilan Waisbod, has accused Jay-Z of reproducing his designs for the 40/40 Club without permission, in a lawsuit filed in New York.

Forbes.com is running a really good article about Steve Stoute and his plans for Carol's Daughter, a Brooklyn-based beauty line founded by

Clarence Otis Jr., CEO of Darden Restaurants has received a bonus of $1.09 million for the fiscal year ended May 28, up from $592,600 the previous year, the company said Monday.

Damon Dash former Roc-a-fella Records CEO has been in the press a lot as of late. Dash who has been relatively quite on the business front...

South Africa's Tokyo Sexwale's Mvelaphanda Holdings has purchased 29% of Mvelaphanda Resources (Mvela Resources) for $168 Million from Mvelaphanda Group (Mvela Group).

Andre Harrell has partners with Fred Deutsch, the founder of Voxonic Technologies, a company that makes a speech-conversion software that can flawlessly translate your voice into any foreign language.

Stephen Stoute's Translation Consultation & Brand Imaging agency has been hired by General Motors Corp. to provide strategic counsel and marketing communications guidance for Chevrolet and other GM vehicle brands in the U.S.

Robert L. Johnson, founder of BET and owner of the NBA Charlotte Bobcats, today announced that his privately held RLJ Companies, LLC has...

Big Tigger is the newest voice-over artist of Black Enterprise Magazine's Keys to a Better Life radio reports, brief business reports airing twice daily on 29 Clear Channel stations nationwide.

LeBron James has agreed to sign a contract extension of up to five years with the Cleveland Cavaliers Saturday, the extension is worth as much as $80 million US.

Confectionary company Mars is teaming with 65 year old Ali to market a new line of reduced calorie snacks and drinks branded GOAT to help combat obesity in America. GOAT is an acronym for Ali's own title, 'Greatest Of All Time.'

Jermaine Dupri and LG Mobile Phones celebrated the launch of LG's new Limited Edition So So Def Fusic phone. Fusic by LG is the first mobile phone in the U.S. to feature an FM transmitter for listening to music through a radio...