Twenty-five leaders have been named to TIME magazine and CNN`s annual list of Global Business Influentials. These are business leaders who are setting the new standards for business. There are four black business leaders on the list. Sean "P.Diddy" Combs CEO of Bad Boy Worldwide Entertainment Group, Mellody Hobson, president of $20 billion Ariel Capital Management, the largest African American-owned capital-management company in the world, Ann Fudge chairman and CEO of advertising giant Young & Rubicam Brands and president and possibly the next CEO of AngloGold Ashanti, Sam Jonah. The full list will appear in the coming TIME issue dated Dec. 20.