Business

The man and brain behind the legendary rap group Wu-Tang Clan Robert “RZA” Diggs sold 50% of his Wu-Tang Clan and solo catalog music to IP Investment and song management company Hipnosis. Reports didn’t say how much the business deal was worth but it must’ve been good enough for both sides to agree on the […]

Shaquille O’Neal has a new multiyear TV Deal with Turner Sports. Shaq will be executive producer for a number of projects with Turner Sports’ Bleacher Report. Plus, appear on NBA TV and contribute to NBA.com. His NBA TV airtime will include new show The Business of Basketball. He also reached a development deal with WarnerMedia […]

The Rock is on top of the Mountain of Money for the second year in a row, according Forbes.com. Dwayne Johnson collected $23.5 million for his role as an art thief chasing Interpol agent in the upcoming Netflix original film Red Notice and his successful Under Armour line Project Rock. Bring his grand total to $87.5 Million. […]

In my previous blog about Kodak’s new deal, the question I asked was I wonder what the companys stocks will look like this week after the DFC put a hold on that $765 million dollar loan. Well kicking off the week Kodak stocks dropped more than 30% after that huge loan the company received was […]

The U.S. International Development Finance Corporation had previously announced a $765 million loan to Eastman Kodak Company. On Friday, August 7th, as reported by Bloomberg.com, the federal agency tweeted about recent allegations of wrongdoing raising serious concerns. It has been clarified, they will not proceed any further unless the allegations are cleared. The interesting thing […]

Naomi Osaka has passed Serena Williams as the Highest Paid Female Athlete in 2020. Osaka and Williams remain tennis’ only female superstars, with Osaka setting a record for female athletes this year, beating the earnings record set by Maria Sharapova in 2015 when she earned $29.7 million and unseating Williams, who held the No. 1 […]

The Los Angeles Lakers will wear uniforms designed by Nike and Kobe Bryant on Aug. 24, a day that features the two jersey numbers (8 and 24) that the late NBA legend wore during his 20-year career. You can see the “Black Mamba” uniform during their game against the Portland Trailblazers (08/24). The uniforms are part […]

Pharrell Williams released a new song about Black ambition featuring Jay Z. The song is part of TIME Magazine’s cover project THE NEW AMERICAN REVOLUTION, which features conversations with Angela Davis, Tyler the Creator and more about the systemic inequalities that Black people have faced throughout United States’ history. The “Entrepreneur” video highlights Black teachers, […]

One Black business is overjoyed watching after former first lady Michelle Obama wear her custom jewelry piece on national TV.

President Trump has gone ahead and signed an executive order banning two popular Chinese Apps: TikTok and WeChat. The ban will prohibit the apps from operating in the United States in 45 days unless they are bought by an American company, such as Microsoft. U.S. officials are concerned about National Security being compromised by information […]