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Forbes Release World's Billionaire List, America Tops The Chart With Bill Gates Being #1

Posted On: March 03, 2015

Forbes released their annual World's Billionaire List. Despite the economy's inflation and recent drop in oil prices, the money keeps moving. Forbes list featured some newcomers, the youngest billionaire, and placed America on the top of their list.

Accodring to the Forbes' published world's list, the youths are on the rise in becoming billionaires, especially in tech inventions and businesses. Evan Spiegel who is the youngest on the list, acquired his fortune by being one of the creators of the photo-messaging app Snapchat. Forty six young billionaires are listed in the article.

Going around the world, Russia decline in billionaires by over 20% with reports of 88 billionaires, opposed to last year's documents of 111. Nigeria's business trade boss, Aliko Dangote lost of shares in some stocks, affected his fortune of $25 billion from last year.  Mexico's Carlos Slim Heru comes in at #2 again and newcomer from Guatemala, Mario Lopez Estrada puts his country on the list for the first time. Including Japan, Germany, Norway, Peru and the United Kingdom who crowned other newcomers to the billionaire list. Samsung's creator from South Korea made the list and Iceland's Thor Bjorgolfsson made a comeback since Forbes' 2009 list.

America had several billionaires on the list and some who made the list for the first time. Facebook’s Mark Zuckerberg is climbing the list by five spots at number 16, Uber cofounders Travis Kalanick and Garrett Camp made the list and Elizabeth Holmes is listed as the youngest women billionaire. Warren Buffet took back the No.3 spot from Spain's Amancio Ortega, who made the list at No.4.

America came in number one on the list with Microsoft's Bill Gates.

Forbes named Bill Gates as the richest man and person on the planet. Bill Gates is the founder of Microsoft.

At the age of 13, Gates started to show interest in computer programming and linked with childhood friend, Paul Allen to launch what became the world's largest computer software business. Microsoft continues to dominate the market in computers, tablets, mobile phones and more. Bill Gates who grew up in a middle class home and knows what the value of a dollar is, gives back to the world through several charities, non-profit organizations and; philanthropy work.

Bill Gates charts the list with a networth of $79.2 billion.

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Morgan Stanley To Pay $2 Billion Dollars In Fines For Troubled Mortgages

Posted On: March 03, 2015

Morgan Stanley which is one of the top ten lenders for mortgages, has been in courts with the Department of Justice about high interest and faulty loans. The loans are believed to have caused the financial crisis within the nation.

Based on court records, the Department of Justice has reached a settlement deal with Morgan Stanley, who has to pay $2 billion dollars in fines. The Department of Justice led an investigation into Morgan Stanley and other mortgage companies such as: Bank of America, Citi and JPMorgan, for faulty, high interest loans. The loans caused borrowers' loans to go into default, their houses were seized and some had to file for bankruptcy.

According to a published article by DealBook, Bank of America agreed to pay $16.7 in fines, Citigroup agreed to pay $7 billion in damages, and JP Morgan reached a deal of $13 billion.

DealBook also documented that Morgan Stanley was responsible for a smaller volume of securities backed by troubled mortgages. A 2012 lawsuit filed by the American Civil Liberties Union provided emails and documents that showed Morgan Stanley executives knew about the low quality of loans when it purchased them.

Upon reaching the Morgan Stanley settlement, there is only one big bank holding out on a deal with the Dept. of Justice. Goldman Sachs, is in preliminary talks with regulators, although they have yet to reach an agreement in resolving its sale of troubled mortgages.

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New (International) Movie Trailer: Star Wars: The Force Awakens

Posted On: November 07, 2015

Stars Wars: The Force Awakens released another movie trailer, this time international.

The second trailer was released by Walt Disney Studios in Japan. The visuals in Star Wars: The Force Awakens previews more in-depth scenes featured in the movie, introducing new characters like, BB-8 and detailed clips of the other characters such as: Finn, Rey, Leia, Han and more.

The footage of the international movie trailer for Star Wars: The Force Awakens is one minute and fifty two second long, with the movie's theme in bold Japanese letters: “It awakens. Now, the world is yours.”

Check it out below.

Star Wars: The Force Awakens hits theaters on December 18th nationwide and global.

 

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Sibongile Sambo Opens Africa's First Woman Aviation Company

Posted On: March 06, 2016

After being denied a flight attendant job because of her height, Sibongile Sambo took matter into her hands and decided to open her own business. Sibongile Sambo did more than become an enttreprenuer, she set the standard and made history by opening Africa's first woman (female) avaition company. 

For Sibongile, it's more than running or managing a business, it's a passion for her to get more women into aviation and to become female pilots. As the founder and CEO of SRS Aviation, an all female aviation company, Sambo is able to provide a resource and outlet to nuture her passion. It was not easy breaking into the male dominated industry, Sibongile Sambo had to learn the language of aviation and find the right investments to fund her vision. 

After being commisisioned for her first flight back in 2004 for the South African government, Sambo has grown and expanded her SRS Aviation company by providing luxury and tourist flights across the globe, personal helicopters and more. 

"It could be a tourist charter for $1,000 or could be a head of state traveling on a VIP aircraft to the United States, which could be about $200,000."

With learning, Sibongile Sambo not only grew her business but also grew in skills and knowledge about avaition. She was able to assist and help three women obtain their private pilot licenses and are now employed full time. Her company, SRS Avaition has an Air Operating Certificate from the South African Civil Aviation Authority (CAA) that allows Sibongile to operate commercial flying activities and conduct piloting classes. 

SRS Avaition managed to link and has a partnership with MCC Aviation, one of the leading and prominent avaition businesses in South Africa. The deal provides accessible fleet of aircraft, operational and technical support. 

Last year in 2015, Ethiopia Airlines ran and dispatched its first all women crew flight and Siza Mzimela became the first Black woman to open a commercial airline. Sibongile Sambo is optimistic that more women will continue to go into avaitation and airline businesses, become founders and even investors in them. She also expressed, a rise in more women pilots and flight crews. 

"What I’m proud of about our company is that we have managed to penetrate the male dominated industry," Sambo revealed. "Aviation is growing in Africa. We are going to grow with the growth in Africa."

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Dame Dash and Kanye West Make Big Body Moves To Buy Karma Loop

Posted On: March 26, 2015

Earlier in the week, there's been some talks about Dame Dash and Kanye West buying out Karma Loop. Well, today (March 26, 2015) Dame Dash put all the chatty patties to rest and confirmed that he and Kanye West were making big body moves and taking over.

The former Roc A Fella boss, who is seen still reppin' for his home team, uploaded a video revealing his new business ventures with Kanye West. The both of them are linking powers together to buy out Karma Loop. In the video, Dame calls it a new beginning of unity through culture, honorable people sticking together to create a new industry and change the world.

Check out the footage below.

In the second clip, Dame basically confirms that him and Ye discussed the option of buying Karma Loop and made a decision to finalize the business sale of it. In the video, Kanye looks nonchalant, like he's in another world. This is a good look for Dame and Kanye. Dame seems like he has several good ideas and great ideas. He's a wise man, that most likely learned a lot not just from books but from life experiences, gained knowledge on his own and observation.

Check out the second footage below.

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Boss Babes: Rihanna Launches New Fragrance Called "RiRi"

Posted On: September 01, 2015

Reigning R&B and Pop Queen, Rihanna launched her new fragrance nicknamed after herself called "RiRi." 

The event took place at Macy's in Brooklyn, New York. Rihanna was greeted by the professionals of Macy's and her fans called The Navy to honor her new business endeavor. This is not the first time Rihanna has launched her own perfumes and cologne for men. She has a list of them from: Rogue that is available for ladies and men, Nude, Rebelle, Reb'l Fleur, 777 Nude and Rogue Love. And she has done it again. Rihanna truly utilized the stage as an entertainer to become one of the most prominent women, in branding herself as a business entity of her own. She's a role model for women to become their own bosses, create, launch and develop their own businesses, to step up on a stage that resonates their passion and what they truly love to do; in order to elevate themselves of becoming better women and being their all. Round of applause to RiRi for shinning her light so others can shine too!

 

Rihanna was dressed like the Princess that she is yesterday at Macy's, adorned in pink attire with flowing curls in an updo, with a bright smile and her alluring eyes; Riri glowed with the aura of ambiance as she presented her new fragrance to the world.

Congratulations and Godspeed!

 

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From Nickle, Dime Bag Hustles to Billion Dollar Mary Jane Kingpins

Posted On: May 24, 2016

Cannabis is a plant, it can even be characterized as an herb but anyhow, due to its hemp properties, it's a very productive natural resource. Marijuana is illegal in certain parts of the country and legal in others parts. Marijuana has always been a business despite of it being illegal in the whole nation at one point. It is a "enriched" natural resource like gold, oil and diamonds; which makes it very easy when it comes to generating wealth.

The marijuana business is projected to accumulate an average of $45 billions in revenues by 2020 and many have already began investing in it to get a piece of that multi-billion dollar pie. From nickel, dime bag hustlers to musicians, actors, blue collar business men and others; who are transforming themselves into billion dollar Mary Jane kingpins, and even queenpins too. 

Starting with kingpin, Snoop Dogg who invested and collaborated with Ted Chung to launch his own marijuana infused company called, "Merry Jane." Well, we already know Snoop D.O.Double G is the Godfather to cannabis and many other things, created Merry Jane as a resource when it comes to marijuana which provides products such as: food, chocolate, candy and also, services such as: news pertaining to marijuana, fashion inspired by cannabis and etc. Snoop also launched his own brand of cannabis called Leafs by Snoop.

Snoop's Merry Jane took the culture of Hip Hop and cannabis which was already an item and part of music culture, to create a business off it. Snoop being a very wise businessman also, brought style to the table and the fashion sense of being high is to stay fly. 

Next up is Wiz Khalifa, who keeps it real and trill when it comes to Mary Jane. Earlier this year in February, it was reported that Khalifa linked up with RiverRock Cannabis from Colorado to manufacture his own strain of cannabis and also, brand his name with anything pertaining to marijuana. This would include food, cologne and etc.

He began promoting his line of cannabis called Khalifa Kush and if you remember, it made Kanye feel some type of way when he saw Wiz tweeting "KK." And thought it was about his boo boo Kim Kardashian, that little misunderstanding transpired into a beef Ye was ready to serve without knowing if it was seasoned or not. Thank God it simmered down, after a couple of gas faces from both of them, Wiz Khalifa went about conducting business as usual.

Since then, Wiz proceeded with executing his blueprint for his cannabis empire and released Khalifa Kush on mary jane day last month in Colorado. Wiz Khalifa and RiverRock Cannabis are in the process of developing other products to market and sell to the public. 

Also from the West Side of Cali is, The Game who became a ganja entrepreneur and went into the blunt business himself. The Game took a different route with his masterplan and launched a cannabis infused beverage called G Drinks last month. Teaming up with G Farma Brands, The Game's G Drinks are lemonade beverages infused with the company's Liquid Gold cannabis and come in three different flavors: original, strawberry and pink. Along with the G Drinks, Game created his own brand of joints called G Sticks that are rolled up and ready for consumers to blaze. 

Whoopi Goldberg who so far is the only woman from the entertaintment business to become a queenpin and bank some green off that green. Whoopi invested into a cannabis infused botanical company that caters to women (which is a great move with all the yoga and meditation companies). Goldberg is a rebel who breaks the rules and gets high on her own supply, just like Snoop, Khalifa and Game. 

Whoopi's cannabis company called "Whoopi & Maya" was financed and consist of family and friends, where Whoopi is the chairman, basically CEO. Her marijuana manufactured products are aimed at alleviating the pain and discomfort women endure during their menstrual cycles. Whoopi & Maya's products consist of: bath soaks, balms, tinctures and hot chocolate. The marketing of the Whoopi & Maya products involve calming words such as: relax and savor that coincides with the natural effects of cannabis. 

Whoopi revealed she sips on marijuana infused tea, there are no reports if she will invest in her brand of teas as of yet but who knows, anything is possible at this point. 

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RadioShack Closing Half Its Stores, Selling The Rest To Sprint

Posted On: February 04, 2015

RadioShack knows all about longevity in business, with 94 years of bringing the latest tech devices to customers. Business news reports, confirmed RadioShack will be going bankrupt soon and closing half of its stores.

RadioShack has already began filling for bankruptcy and the legal documents state, whatever stores remain open, they will sell it to wireless mobile giant, Sprint. There's also a possibilty that RadioShack could merge with Sprint or be acquired by another company.

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How To Invest and Become A Marijuana Boss, Legally

Posted On: November 10, 2015

Business analyst are very confident that Nick Lachey (remember him, Jessica Simpson's ex-boo, yeah him) is set to bank a few billions in marijuana sales. The dude is a "legal" drug kingpin who owns a 29-acre weed farm in Akron, Ohio and once he hits the market with the production and distribution of his own brand of marijuana, Lachey is set to bank a billion dollars every year.

The other side of it was, Ohio decided not to legalise marijuana but Nick Lachey is not giving up and still remains in Ohio with his marijuana farm, tweeting:

"While I may not agree, the people of Ohio have spoken and that’s the way it’s supposed to work. Change takes time."

Although Ohio did not legalise marijuana, at least not yet, guess who is pushing for marijuana legalization across the nation?! Mostly business men who want to invest, Wall Street brokers, equity bankers, and etc. who know how much billions and even trillions to be made; not just in business and sales of marijuana but in stocks! The irony of many African-American men going to jail and even prison over selling marijuana and now, they are pushing for it to become legal, because of the potential in making billions and trillions of dollars in US markets.

Things that make you go hmmm...

According to Viridian Capital & Research, investing in marijuana stock will become the perfect place to raise capital for any businesses. This would also include its branding, sales, farms, distribution, marketing; and as well as advertising. Marijuana already has its own spot in stocks according to Viridian Capital & Research, the cannabis sector (yes, it already has its own sector) stocks are high flying, posting gains of over 17 percent in the second quarter. This is what's going on behind the scenes right now, with the knowledge that the legalization of marijuana will expand state to state. 

As with all investment in stocks, there are some precautions to take. Scott Grieper,  president and founding partner of Viridian Capital & Research offers reasonalbe advice:

“When it comes to investing in marijuana companies, many of the same rules should be applied to investment decisions about any company.”

In an interview with Black Enterprise, Scott Grieper noted before buying into any marijuana stock, it is wise to research on their management and the productivity of their business.

"Great management is still the key to success in the business world. You can have a great idea, but without proper leadership things are going to fall flat. In the marijuana business, you may find people who know how to grow some plants, but they don’t know anything about marketing, sales, government regulations, and the like."

Grieper also expressed, to examine their products as far as sales, how it is promoted and marketed to their consumers; and if it's the best product on the market.

Scott Grieper stated the marijuana business and stock investment are new to the US, but it has been a global business for years.

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Energizer Batteries Introduces First Alkaline Recycled Battery

Posted On: February 04, 2015

Energizer who is the maker of their popular brand batteries, adapted the vision of creating batteries to benefit the earth and ozone layer.

Recycling has become very big, due to some products and packaging. Because of this, it created companies and corporations who are in the business of recycling and finding ways to reuse and refurbish certain products.

Energizer who creates batteries and other products, which can not be recycled, has found opportunities to reuse and refurbish their batteries.

In an article published by the Associated Press, Energizer made history by introducing the first ever recycled alkaline battery.

Energizer Holdings which is the main company, launched their recycled brand batteries titled, "Eco Advanced." The batteries are scheduled to be availabe in stores this week.

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Michael Jordan's Son, Marcus Jordan Opening Store Called 'Trophy Room' to Honor His Dad

Posted On: January 01, 2016

Michael Jordan's son, Marcus Jordan is evolving into a businessman and maintaining his father's legacy by opening up a sneaker store to honor and tribute his dad. .

The former UCF Knights basketball player will premier the store named "Trophy Room" in Spring of 2016. The store is inspired by Jordan's old family trophy and the blueprint of the store reflects MJ's original trophy room which was decored in memorabilia of Micheal's contributions, awards and innovations in basketball; and it was also a place for family gatherings, a room to celebrate the holidays, events and etc.

The Trophy Room store is mostly centered around honoring Jordan and shares intimate details about his sports professional and personal life.

Marcus Jordan released a video to promote the store and gives the public a preview.

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