Black Executive & Entrepreneur News

American Legacy Magazine Announced End Of Partnership With Forbes Magazine

RJR Communications, Inc. the parent company of American Legacy Magazine announced the end of a nearly decade-and-a-half partnership with Forbes magazine. “Since the magazine was launched in 1995 Forbes has held a stake in the...

Robert L. Johnson's Urban Trust Bank Announces Plan to Open 7 New Branches

Urban Trust Bank (UTB) announced plans to open 7 additional branches in Florida previously operated by SunTrust Bank, a company UTB recently aquired. Each acquired branch is located within a local Walmart supercenter.

Robert L....

Most Powerful Black Celebrities 2009

Forbes magazine has released it's annual ranking of  the world's ultra famous and most powerful celebrities.

The Celebrity 100, is a measure of entertainment-related earnings and media visibility (exposure in print,...

Will Smith Tops List of Most Bankable Actors Worldwide

The entertainment database company The Ulmer Scale released today its first major overview of star bankability in two years with its new edition of its Actors Hot List. The 2009/10 edition reveals "a big surprise due to a...

Ronald A. Williams Named America’s Best CEO Health Care

Aetna’s Chairman and Chief Executive Officer Ronald A. Williams topped the 2009 list of “America’s Best CEOs” in the Health Care - Managed Care category of Institutional Investor magazine’s annual survey released last...

Ursula Burns Named New Xerox CEO

Xerox Corporation's board of directors announced today that Anne Mulcahy, chairman and chief executive officer, will retire as CEO effective July 1st. Ursula Burns, current president of the company, was named by the board to...

50 Cent Talks Money With KING

50 Cent talks business with KING magazine, touches current economic crisis, Jay-Z and Diddy.

Global Grind Power Struggle

Hip Hop community site Global Grind, seems to have quietly replaced CEO Navarrow Wright, who is no longer listed on the company's About Us page suggesting that Wright and the company have parted ways.

The company recently...

Meet Nigeria's Newest Billionaire

Femi Otedola is Nigeria's newest billionaire according to Forbes magazine's 2009 ranking of The World's Billionaires. Mr. Otedola is the chairman of African Petroleum a marketer of refined petroleum products, Forbes estimates his...

Black Billionaires 2009

There are 793 billionaires in the world according to Forbes magazine down from 1,125 a year ago. Black billionaires still make up less than one percent of the worlds total billionaire count.This year we have six billionaires the...

The 100 Most Powerful African Americans in Corporate America

In the midst of one of the greatest economic trials in history, Black Enterprise reveals its list of the 100 Most Powerful Executives in Corporate America as featured in the publication's February 2009 cover story. Against the...

Christina Norman Named CEO of The Oprah Winfrey Network

Oprah Winfrey has named former MTV president Christina Norman chief executive officer of OWN:The Oprah Winfrey Network, effective February 17.

"This is the job I've been working toward my entire career," said Ms....

Russell Simmons Global Grind's New Editor-in-Chief

Hip Hop community site Global Grind, has announced the appointment of Russell Simmons as its new Editor in Chief.

Richard Parsons Named Chairman of Citigroup

Richard D. Parsons former President, CEO and Chairman at Time Warner will be the new Chairman of Citigroup starting next month.

Barack Obama Is The 44th President Of The United States

Barack Obama became the 44th president of the United States today at 12:01pm minutes before he was officially sweared in.

Robert Johnson Looks To Start New African American Cable Network

BET founder Robert Johnson is looking to get back into the cable network business.

Will Smith's Overbrook Entertainment and Science Channel Announce New Production Deal

Overbrook Entertainment partners Will Smith, James Lassiter, and Ken Stovitz and Science Channel announced a partnership to produce new two-hour television event, Young Scientist Challenge.

Tiger Woods And GM To End 9 Year Endorsement Deal

General Motors and Tiger Woods announced today that they will conclude their endorsement deal effective December 31, 2008.

Hollywood's Top-Earning Black Couples

Forbes magazine names Jay-z and Beyonce Hollywood's best-paid power couple.

Symantec CEO John W. Thompson to Retire

John W. Thompson, chairman and chief executive officer, Symantec, will retire as CEO at the end of the fiscal year.