State of New York Settles With Morgan Stanley Over Hip-Hop Money Manager’s Abuses

New York’s Attorney General Eliot Spitzer announced a settlement with investment bank Morgan Stanley after the company came under scrutiny for fraud, when one of its brokers defrauded 15 customers out of $740,000.Gabriele Tamar Smith, who counted DJ Clue, Fabolous, Kevin Liles and other Hip-Hop stars and executives as clients, ran Premier Business Management L.L.C. […]

D-Block Opens Car Wash/Detail Center

Yonkers, New York-based rap crew D-Block will give back to their hometown community this Saturday (Oct. 21) when the group launches their latest venture, the D-Block Shell Car Wash/Detail Center. The grand opening will feature performances by various artists. The new flagship business is a partnership between D-Block and New York entrepreneur Sammy “Sasso” El […]

Source Co-Founders Launch Hip Hop Weekly

Amid an ongoing sexual harassment trial against The Source, the magazine’s ousted co-founders Dave Mays and Raymond “Benzino” Scott have officially resurfaced with their new magazine, Hip-Hop Weekly. The publication, which launched today (Oct. 16), is designed to provide readers with “an informative and entertaining treat on every page, giving you the hottest pictures and […]

Kanye West, Steve Stoute, Sylvia Rhone Among HSAN Action Awards Recipients

Producer/rapper Kanye West will be recognized for his charitable contributions at this year’s Action Awards, an exclusive fundraiser/dinner that supports the Hip-Hop Summit Action Network’s work in utilizing the power of Hip-Hop for social change. Other award recipients include Earvin “Magic” Johnson, Debra Lee and BET Networks, Steve Stoute, HSAN co-chairmen Russell Simmons and Dr. […]

J. Prince Denies Michael ‘Harry-O’ Harris’ Claims Of Owning Interest In Rap-A-Lot

Rap-A-Lot CEO James "J. Prince" Prince has denied that the legendary Houston-based label is co-owned by convicted drug kingpin Michael "Harry-O" Harris.Prince did not attend a hearing in Los Angeles today (Oct. 12) relating to the matter but he and his attorney offered up a challenge to settle Harris and his attorney Steve Golderg’s claims […]