Black Executive & Entrepreneur News

Diddy's $400 000 Per Week Luxury Yacht Rental

You have to hand it to Sean Combs, when he parties he sure goes all out. Check out this rental yacht he was sporting at Cannes.

Radio One Inc. Partners With AllHipHop For Ad Sales

Radio One Inc.'s digital division, Interactive One, has announced a five-year, multimillion-dollar partnership with AllHipHop.com.

Jay-Z Says Las Vegas 40/40 Club is Doing Fine

Jay-Z dispel rumors that his 4-month-old 40/40 Club in Las Vegas is in trouble.

Is 50 Cent About to Sign $300M MySpace Deal?

Reports have surfaced that 50 Cent is in the midst of putting together a $300M deal with News Corp's MySpace.

Oprah's Harpo Inc. is Black Enterprise Magazine's Company of the Year

Black Enterprise magazine has named Oprah Winfrey’s Harpo Inc. its 2008 BE100s Company of the Year.

Jay-Z Closes $150 Million Live Nation Deal

Jay-Z has officially closed his $150 million 360 deal with Live Nation Inc., sources report.

Magic Johnson's Canyon-Johnson Closes New $1 Billion Canyon-Johnson Urban Fund III

The Canyon-Johnson Urban Fund, a partnership of Canyon Capital Realty Advisors and Earvin “Magic” Johnson, today announced the closing of its $1 billion Canyon-Johnson Urban Fund III.

Spike Lee Working On Cell Phone Movie

Movie Director Spike Lee and Nokia have teamed up to create cell phone move based on video footage from the public.

MyBlackCentral Launches Into Public Beta

Seem like not a day goes by without some new social network site launching. Welcome MyBlackCentral.com to the party.

Nigerian Billionaire Buy's into S.African Cement Firm

Nigerian Billionaire Aliko Dangote's, Dangote Group has acquired a 45 percent stake in South Africa's Sephaku Cement for $378 million.

Radio One Buys BlackPlanet

Radio One, Inc. has announced the acquisition of social networking company, Community Connect Inc., owner of BlackPlanet.com.

Travis Smiley And Nationwide Mutual Insurance Company Form Partnership

The Tavis Smiley Group and Nationwide Mutual Insurance Company has announced an exclusive three-year partnership.

Jermaine Dupri, Def Jam Music Group P & G Launch New Hip-Hop Label

Island Def Jam Music Group (IDJ) and Procter & Gamble's TAG brand announce the formation of a new hip-hop record label, TAG Records.

IAC Launches Black Search Site

Barry Diller's IAC has launched a new Ask.com powered search engine targeting African-Americans.

Robert L. Johnson Wins CNBC Lifetime Achievement Award

CNBC honored Robert L. Johnson, at the fourth annual CNBC Executive Leadership Awards which was held at the New York Public Library.

JAY-Z, Mary J. Blige Tour Grosses More Than $9 Million in First Eight Dates

Jay-Z and Mary J. Blige's "Heart of the City" tour has sold out seven of the first eight dates on its North American trek.

Jay-Z On The Verge Of Signing $150 Million Deal

Jay-Z is about to blow the music world up with a $150 million deal with concert promoter Live Nation.

Kanye West Launches New Online Travel Program

Kanye West is set to launch a travel company specifically geared to serve the travel needs of his fan base.

Mary J. Blige Buys $12 Million N.J. Mansion

Hip-Hop Soul queen Mary J. Blige make the best of sagging real estate market buying a New Jersey mansion for $12 million.

Ethiopia's Mohammed Al Amoudi World's Richest Black Person

Mohammed Al Amoudi, is Ethiopia's richest man and has been the richest black person in the world for the last two years.

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