Black Executive & Entrepreneur News

Clarence Otis Gets Pay Increase

Clarence Otis, chairman and chief executive officer of Darden Restaurants receives a 32 percent pay increase following a nearly 18 percent increase in reported revenue, according to a Securities and Exchange Commission filing.

Nelly Partners With ZizZazz Explosive Energy Mix

ZizZazz Explosive Energy Mix announced today that Grammy-award winning artist Nelly has joined it's ownership team of the energy drink mix ZizZazz.

Billionaire Warren Buffett to Advise Barack Obama on the Economy

Barack Obama said he is meeting with his economic advisers including billionaire investor Warren Buffett and Google Inc. Chairman Eric Schmidt to discuss strengthening the housing and financial markets and to talk more about...

Translation Advertising to Remix Wrigley's Double Mint jingle

Jay-Z & Steve Stoute's Translation Advertising is working with The Wm. Wrigley Jr. Company to update its signature jingles.

Sean John Underwear Taps Nelly as New Spokesmodel

Sean John Underwear taps internationally renowned recording artist, Nelly, as their new spokesmodel.

Oprah Winfrey to Auction Mercedes, Aston Martin, Rolls Royce at Pebble Beach Auction

Billionaire media queen Oprah Winfrey to auction off three of her classic automobiles for her charity.

Robert Johnson Plans Posh Resort in Liberia

Billionaire developer and financier Robert L. Johnson, the world's sixth richest black person is set to announce the building of a new luxury resort in Liberia.

Will Smith is Hollywood's Best-Paid Actor

Forbes magazine has released it's annual ranking of "Hollywood's Top Earners" and topping this years list is actor Will Smith.

Robert L. Johnson Joins KB Home Board of Directors

Robert L. Johnson was unanimously elected to the KB Home board of directors.

Mitchell & Titus LLP Names Anthony Kendall Next CEO

Mitchell & Titus LLP, the largest minority-controlled accounting firm in the United States, has selected Anthony S. Kendall as CEO effective January 1, 2009.

Sean 'Diddy' Combs Receives the Reginald F. Lewis Award

Entrepreneur Sean "Diddy" Combs, has been awarded with the inaugural Reginald F. Lewis Award.

Most Powerful Black Celebrities 2008

Power couple Jay-Z & Beyonce Knowles hit the top ten on the annual Celebrity 100 list.

Harpo Signs Deal With Sony For Dr. Oz

Oprah Winfrey's Harpo Productions and Sony Pictures Television announce agreement to launch DR. OZ.

Jones Apparel Group, Inc. Aquires Stake in Rachel Roy

Jones Apparel Group has acquired a 50 percent stake in Rachel Roy.

Tokyo Sexwale's, Mvelaphanda Group Makes Bid for South Africa's Largest Telephone Company

Tokyo Sexwale's, Mvelaphanda Group has launched a 90 billion rand ($11 billion) takeover bid for South Africa's biggest fixed-line telephone group Telkom.

Starcom MediaVest Group Global CEO Renetta McCann Announces Sabbatical from Marketing Industry

Starcom MediaVest Group, global CEO Renetta McCann, today announced plans to take a one-year sabbatical.

T.I. Signs Three Picture Deal

T.I.'s, Grand Hustle Entertainment signs three picture deal with Screen Gems.

Hammer Speaks At Intel Capital Dinner

MC Hammer offer advice to a gathering of some 600 start-up chief executives at the Intel Capital dinner.

Business Wisdom From Oprah Winfrey

Oprah share's wisdom she learned while building her $2.5 billion empire.

Barack Obama Clinches Democratic Nomination

Barack Obama has become the first black American to clinched the Democratic presidential nomination.

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