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Money Moves: Oprah Sells Majority Shares of OWN to Discovery for $70 Million

According to the Los Angeles Times, the world-famous media mogul is selling part of her stake in her OWN cable channel to Discovery Communications for $70 million.

Ray J Signs $31 Million Deal With Tech Company to Create Line of Electronic Transportation

Ray J sealed a $31 million deal with Cowboy Wholesale to launch a line of electronic transportation under his own brand, Raycon. A press release regarding the deal says Ray will have "an active full-time role" in the partnership and will "oversee marketing and global branding strategy."

Cracker Barrel Under Attack By #JusticeForBradsWife Brigade

The people demand answers, Cracker Barrel! Why did you fire Brad’s wife?!

No More Workers Flipping Burgers? Fast Food Chain Implements Burger-Flipping Robot “Flippy” in Its Kitchens

The Fight for 15 may be over before it ever really began. Robots may the way of the future for fast food restaurants. In fact, the future is already here.

Jimmy John’s Tweeted About Eating Ass, and the Internet Lost It

Getting bombarded with Tweets from angry customers all day has to take its toll, and it looks like the barrage of online activity finally caught up to one Jimmy John’s employee.

Kim Kardashian Earning Bank from Mobile App, Lands Forbes Magazine Cover

Kim Kardashian has accomplished many things in Hollywood over the years. However, her latest magazine cover may be her proudest achievement yet. The reality...

Apple Wants to Buy Tidal, But Will Jay Z Let Them?

Ya’ll complained and threw so much shade at Jay Z over Tidal that he may be considering selling the music streaming service ... to...

Gladys Knight’s Chicken & Waffles Shut Down By Feds, Son Accused of Stealing $650,000

Pardon the cheesy joke, but Gladys Knight’s son is probably wishing for a midnight train out of Georgia. Shanga Hankerson turned himself in to...

Orlando Chick-fil-A Opened on Sunday to Feed Nightclub Shooting Volunteers

Employees from several Orlando Chick-fil-A restaurants donated their time by preparing and delivering food to first responders and people waiting in line to donate blood...

Gawker Files for Bankruptcy: 7 Things You Need to Know

Gawker Media was forced to file for Chapter 11 bankruptcy Friday (Jun 10) as a result of Hulk Hogan's lawsuit against them, CNN Money...

The Cheesecake Factory Opening First South Carolina Location

The Cheesecake Factory is coming to South Carolina! The popular chain restaurant is set to open May 31st at the Haywood Mall in Greenville, South...

11-Year-Old Girl Lands Distribution Deal with Whole Foods for Lemonade Business

When it comes to selling lemonade, most kids just setup a lemonade stand outside and serve it by the glass. 11-year-old Mikaila Ulmer is not like most kids...

Adidas Drops Teyana Taylor Over Twitter Fight with Rihanna, Signs Kanye West for $10M Instead

Teyana Taylor has been dropped like a bad habit. News of the G.O.O.D. Music backup singer losing her partnership with Adidas surfaced on the web...

Drake Announces Shoe Deal with Nike and Air Jordan, Shows Off OVO-Branded Sneakers

When Drake isn't wining and dining Rihanna, releasing unwanted Aaliyah collaborations, and working on his figure in the gym.... the "OVO" rapper is making...

Is Beyonce’s Dad Mathew Knowles Selling His Record Label, Music World?

Mathew Knowles' post-Destiny's Child and Beyoncé life may have officially hit rock bottom. He's reportedly unloading his longtime record label, Music World Entertainment. The label had become...

Oprah Winfrey’s OWN Network Turns a Profit Ahead of Schedule

Oprah Winfrey is used to people in the mainstream media rooting for her failure. After all, even though she was the top rated and...