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*Earvin Magic Johnson isn’t the only one moving forward with his own cable network. Today, Sean “Diddy” Combs is scheduled to announce more details about the launch of his music-themed cable channel called Revolt, The New York Times reported, citing confirmation from his PR agency. According to the Times, Combs’ channel could launch at the [...]
*NBA legend-turned-business mogul, Earvin Magic Johnson, is gearing up for the next phase of his expansive business portfolio – running his own network. According to the Los Angeles Times, the Hall of Famer is preparing for the summer launch of Aspire, a 24-hour channel with a focus on what Johnson called positive, uplifting images of [...]
*C’mon Akon, pay up. You know you got serious paper. You own the label that Lady Gaga is signed to. It seems the dark hued singer/rapper is stiffing a company for $51,000 of construction bills his Georgia mansion according to a new lawsuit filed by a local contracting company as reported by TMZ. Southern Electric [...]
*As news of pop star Whitney Houston’s death began to circulate, a number of enterprising authors sat down and got busy at their keyboards, reports the LA Times. The fastest workers managed to publish their Kindle e-books the very day Houston died: six new titles about her in Amazon’s Kindle store bear Feb. 11 as [...]
Eric and Renee Cottrell Brown *There is no doubt that sentiments continue to be high over the loss of Soul Train creator Don Cornelius. The Grammy Awards lackluster mention of him, nor the loss of the beloved Whitney Houston can dilute the savory impact of Soul Train on the music industry and especially on black [...]
*President Barack Obama wrapped up a two-day fundraising swing through Southern California Thursday, having collected $4 million during a trio of events designed to strengthen his reelection campaign’s ties with younger voters and the area’s business and legal communities, according to The Hollywood Reporter. The Democratic National Committee’s Southern California finance chairman, John Emerson and [...]
*Now that Whitney is gone, all that’s left is the messy process of dealing with the finances. And since her death, her music sales of shot through the roof, but who will inherit the money? “Whitney: The Greatest Hits” album sold over 64,000 copies in just 24 hours after the news of her death hit [...]
*Look who’s got a messy situation to deal with this morning. It’s Nas. He’s on the hook for another $339,000 he allegedly kept from Uncle Sam. According to official documents obtained by TMZ, Nas never forked over $339,005.49 in federal income tax he owed for 2010 … and now the U.S. government has obtained a [...]
*Stephanie “Ivy Shades” Johnson was recently cited as one of Black Enterprise Magazine’s 13 Young Innovators in the business of Design, Style and Fashion for 2012. The young designer’s elaborate designs have taken the fashion industry to the next level in the blink of an eye; and this eyewear designer and recording artist is taking [...]
*T-Boz isn’t happy these days after a judge denied her ‘immunity’ from creditors. The singer filed bankruptcy in October, after accumulating $700,000 in debt. But the judge didn’t see her make any effort to repay the money. So the annoying phone calls won’t stop and her assets aren’t protected. However, she has 180 days to [...]
*In the eyes of many, boot camp may evoke images of a tough drill sergeant yelling at a young soldier in his introduction to life in the military. For Lynette Khalfani-Cox, the tough stint covers a different battlefield with her new free online personal finance boot camp: “MyMoneyCircles.” In an interview with EUR, the former [...]
*Can you believe that the very company that built the camera business into what it is today, will be closing down production on making cameras. They just could not keep up with the technology of their competitors and fell further and further into debt. Kodak has been in the camera making business for 132 years, [...]
*For the folks out there that are looking for ways to make their morning run even faster, this new product may be for you. Normally, coffee drinkers would fire up the coffee pot and wait a few minutes, but now you can just take a blast of caffeine in an asthma-like inhaler on your way [...]
*A lot of us have taken advantage of the frequent flyer miles promotions that airlines offer through their credit cards and other types of promotions. But now it seems that their card distributor, Citibank, is hustling customers through a tax “scam.” Time Magazine reported a glitch in Citibank’s business practices and are alerting others to [...]
*The LA Times is reporting that the number of Americans seeking unemployment aid fell to nearly a four-year low last week, an encouraging sign of continued improvement in the job market. The Labor Department says weekly applications for unemployment benefits fell 15,000 to a seasonally adjusted 358,000. That’s the second-lowest level since April 2008. The [...]
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