Forbes magazine has released it's annual ranking of America's 400 richest people. This years list are worth a combined $1.53 trillion, nearly equivalent to the GDP of our Canada. Their total weal[more]
Billionaire Mark Cuban has re-post a blog he wrote almost 3 years ago in light of the recent activity in the stock markets and the depressing unemployment rates.[more]
The management shake-up at Universal Music Group continues as Sylvia Rhone, a lieutenant of the company’s former chairman and one of the most prominent women in the music business, steps down as presi[more]
LeBron James has signed a marketing deal with Fenway Sports Group, the owners of the Boston Red Sox and Liverpool FC.
James and business partner Maverick Carter will joining forc[more]
Shawn Carter aka Jay-Z, continues the expansion of his empire with the launch of Life and Times, a new lifestyle website based on Mr. Carters interest. Staffed by a small team working with Mr. Carter,[more]
Forbes magazine has released it's annual ranking for 2011 of the worlds richest people. This year there are 1210 billionaires in the world up from 1011 a year ago. The 2011 Billionaires List breaks tw[more]
RLJ Lodging Trust, a company newly formed by Robert L. Johnson's RLJ Development LLC, filed for an IPO as a publicly traded REIT. RLJ will consist of the hotel investments of RLJ Development and two o[more]
Anyone keeping track of Robert L. Johnson, chairman and chief executive of Bethesda-based RLJ Cos., probably noticed the batch of deals he has closed in the past four months: a couple of hotels, a few[more]
Advertising Age has announced its list of the top brand names of 2010. Cîroc vodka, Made in France, is one of the first vodkas made from fine French grapes, mauzac blanc and ugni blanc and distilled f[more]
The NY Post's Page Six is reporting the purchase of an $18 million, five-bedroom, 7½-bath, 11,700-square-foot townhouse by American Express CEO Kenneth Chenault. The townhouse which has a basement poo[more]
Aetna today announced that Chairman and CEO Ronald A. Williams, 60, will retire from Aetna in April 2011. Aetna said that, effective November 29, 2010, Williams will become executive chairman and Mark[more]
Forbes magazine has released it’s 2010 World's 100 Most Powerful Women list. The women were assessed based less on traditional titles and roles and more on creative influence and entrepreneurship. The[more]
Kevin Williams, president and managing director of GM Canada, was recognized today for his innovative leadership and commitment to workplace diversity, receiving the "Trailblazer Award" during the 201[more]
Interview with Lisa Price, founder and president of Carol’s Daughter on her management style.[more]
In an effort to spur economic revitalization in Haiti, Bob Johnson, founder and chairman of The RLJ Companies (RLJ), today announced a strategic relationship with Global Building Solutions, LLC, Royal[more]
Tyra Banks announced today the appointment of Patrick Vien as President & COO of Bankable, effective immediately. Vien will join forces with Banks, to lead the global development and growth of Ban[more]
Butch Lewis Productions, Inc. (BLP) and IMG Worldwide, Inc. (IMG) today announced the formation of a joint venture to develop and operate a talent management company that primarily represents min[more]
Industry icon and media personality Tyra Banks has joined IMG for commercial endorsements and fashion related opportunities. The announcement is the first of several expected in the coming month[more]
Frederick O. Terrell will rejoined Credit Suisse as Vice Chairman of the Investment Banking Department, effective June 1, 2010.
Mr. Terrell said, "I am very excited to be returning to the instit[more]
Tyra Banks is expanding her Bankerable Enterprises with the creation of Bankable Books.
Banks has signed on with Delacorte Press, an imprint of Random House to write a three series novel"Modella[more]
John W. Thompson, Symantec Board Chairman and former CEO, has taken on the role of CEO of Virtual Instruments. Thompson joined Virtual Instruments as an investor and board member in 2009.
"Succe[more]
OWN (Oprah Winfrey Network), has inked its first major multiyear advertiser deal with consumer goods company Procter & Gamble (P&G).
The deal valued at more than $100 million, spans thr[more]
Veteran banker John Utendahl is moving to Deutsche Bank.
The 52-year-old Utendahl had run his own boutique investment bank, Utendahl Capital Partners LP, from 1992 until this year, when he gave it up[more]
The NBA has approved Michael Jordan as the next principal owner of the Charlotte Bobcats making him the first former player and second black to own a controlling interest in an NBA franchise.
Ou[more]
Tiger Woods brings in the big guns to help repair image after sex scandal.
The NY Post reports that Ari Fleischer, the former presidential advisor to George W. Bush and the man who was brou[more]
Forbes magazine has released it's annual ranking of the worlds richest people. This year there are 1011 billionaires in the world up from 793 a year ago but still shy of the record 1,125 in 2008.[more]
Today Forbes magazine will release its annual ranking of the world's richest billionaires. On last years list there were 6 black billionaires, how many will there be this year?
Last year Ethiopia's M[more]
Former NBA star Earvin Magic Johnson reported is in talks to acquire Johnson Publishing Co., publisher of Ebony and Jet magazines and an archive of iconic photographs documenting U.S. black life for m[more]
Cash Money Records co-founders Ronald "Slim" Williams and Bryan "Birdman" Williams have started an oil exploration company called Bronald Oil & Gas.
According to the companies[more]
Appearing on CNN's AC360, Sean Combs, the CEO of Sean John Clothing and Bad Boy Entertainment told his interviewer, "I want to have an academy that's known for building leaders. I feel [more]
Shawn "Jay Z" Carter is suing financing firm Highland Capital Management LP over a 2007 loan to build a hotel in Manhattan’s west side neighborhood of Chelsea, which was to be called the J H[more]
Eunice Johnson, widow of EBONY magazine founder, John H. Johnson, has died at the age of 93.
Born in Selma, Alabama, on April 4, 1916, Johnson received her bachelor’s degree in sociology with a minor[more]
Forbes magazine has released it's annual ranking of America's 400 richest people. For only the fifth time since 1982, the collective net worth of The Forbes 400, has declined, falling $300 billio[more]
Multiplatinum-selling and three-time Grammy-winning Sean “Diddy” Combs, has signed with Interscope Geffen A&M, it was announced yesterday by Jimmy Iovine, Chairman of Interscope Geffen A&M. Un[more]
Ursula Burns, is the fourteenth most powerful woman and most powerful black woman in the world according to Forbes magazine's annual ranking of The 100 Most Powerful Women in the world. Burns is the f[more]
