Black Executive & Entrepreneur News

Pamela Thomas-Graham leaves CNBC for Liz Claiborne

Pamela Thomas-Graham is stepping down as chairman of CNBC, the business news cable channel, to become Group President at Liz Claiborne Inc., effective October 10. Liz Claiborne Inc., designs and markets an extensive range of...

Powell named chairman of the board of the Eisenhower Fellowships

Former Secretary of State Colin Powell was named chairman of the board of the Eisenhower Fellowships, a programme designed to enhance the capabilities of emerging leaders around the world.

Mr.Powell will replace former...

Aylwin Lewis new CEO and President of Sears Holdings

Sears Holdings Corp., the No. 3 U.S. retailer, has named Aylwin Lewis CEO and President as of September 30, 2005.

Lewis will replace Alan Lacy as chief executive as the company reported lower second-quarter sales, and its stock...

Magic Johnson is offering jobs to victims of Hurricane Katrina

Magic Johnson is offering jobs to victims of Hurricane Katrina staying at a shelter in Los Angeles, in addition to helping provide them with shoes, food and entertainment.

The Chairman and CEO of Johnson Development Corporation...

Shawn Carter named GQ international Man of the Year

Shawn Carter, CEO of Def Jam Records has been crowned International Man of the Year at the GQ Magazine Awards at London's Royal Opera House.

Carter was in the U.K. to promote Roc-A-Fella's newcomer Teairra Mari and his Rocawear...

Shawn “Jay-Z” Carter and Sean “Diddy” Combs donate cash and clothing for hurricane victims

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...

Jay Z concerned about limited number of black executives in music industry

Jay-Z said he took the job as president of Def Jam Recordings in January because he needed a challenge and wanted to prove he's more than just a rapper and also the limited number of black executives in the music industry was a...

Quincy Jones wants to buy back Vibe

Vibe magazine founder Quincy Jones wants to buy back the hip hop publication he started in 1994 as an alternate to Rolling Stone. Vibe and Spin magazine are both controlled by the same publishing company, and Jones is looking to...

NBA Hall of Famer and businessman Dave Bing builds middle-income homes

NBA Hall of Famer and businessman Dave Bing is building 40 middle-income homes and supporting the start-up of 15 charter high schools in an effort to help revitalize Detroit's north side.

Bing who is a former Detroit Pistons...

Quincy Jones sells Bel-Air Mansion

Music, film and TV producer Quincy Jones has sold his Bel-Air mansion for close to its $5.4-million asking price. Jones had owned the house made famous by singer Julio Iglesias album, "1100 Bel Air Place" for about 20 years....

P. Diddy becomes just Diddy

Sean Combs tells MTV News he’s chosen a new name for himself. He says he’s going with just “Diddy” because “the P was getting in between us.”

This is a guy that knows how to market himself.  I Googled “Sean...

Ebony Magazine Founder John Johnson Dead

John H. Johnson 87, the founder of Jet and Ebony magazine died of heart failure on Monday, August 8, 2005. Johnson is the founder of Johnson Publishing Company, Inc., the biggest Black publishing company in America which he...

The Empire 50 Built

Urban Hustler’s tag line is “Documenting Success from the Street to the Boardroom,” and there are many great examples of this, Jay Z, Russell Simmons, etc. The person who I’ve been really impressed with lately though is...

Worldspace make its entrance on the NASDAQ

Shares of satellite radio broadcaster WorldSpace Inc. the company which is majority owned and controlled by Noah A. Samara rose from the initial public offering price Thursday, the stock's first day of trading.

The stock ended...

The man who saved Time Warner

Richard D. Parsons is Chairman of the Board and Chief Executive Officer of Time Warner Inc., and only one of a very limited number of black executives to run a Fortune 500 Company.

Since Parsons became CEO in May 2002 and...

Adidas buys Reebok for lifestyle line

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...

Nike taps Sean John for new urban line

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...

Condoleezza Rice most powerful woman in the world

Condoleezza Rice, the first African-American woman to become the U.S. secretary of state, tops the second annual “Forbes Magazine: 100 Most Powerful Women” for the second time. Rice, 50, is the most powerful woman in the...

Jay-Z signs deal with trading card company

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...

Oprah’s, Harpo Productions to release “The Oprah Winfrey Show: 20th Anniversary DVD Collection”

Oprah’s, Harpo Productions, Inc., will be releasing an exclusive compilation of highlights and episodes from one of the most influential programs of the past two decades with "The Oprah Winfrey Show: 20th Anniversary DVD...