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

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.

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

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

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