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Pusha T’s gets a Old School Benz emblem from Ben Baller for $20k.

via Billboard

Vivendi’s Universal Music Group won European and U.S. approval for its $1.9 billion purchase of EMI’s recorded music business on Friday, with the EU requiring the company to sell labels that account for about a third of the British company’s revenues.

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A record 46.7 million Americans — or roughly one in five adults — used food stamps in June, according to the U.S. Department of Agriculture (USDA).
Food stamp use has spiked 51 percent since October 2008, when the economy was in free fall. The number of Americans now using food stamps is roughly the same as the number of Americans living in poverty. Read More

Hip-hop mogul Chris Lighty died Thursday morning after apparently shooting himself in the head in his Bronx apartment, sources told the Daily News.

Lighty, 44 — a longtime manager of 50 Cent, Diddy, Ja Rule and Mariah Carey — was found dead inside his South Riverdale apartment about 11:30 a.m., police sources said.

It appeared he died from a bullet to his head, sources said. A gun was recovered next to his body.

R.I.P. Chris Lighty, Our Prayers go out to his family.

source

The shoes will retail for $100.
The brand will hit retail stores in New York on Friday and subsequently roll out in 33 stores nationwide before hitting Europe for the holiday season.
In 1989, as the shoe business heated up thanks mostly due to Air Jordans, Ewing, who was getting paid nearly $1 million a year by adidas, left the brand. For most of the 1988-89 season, at the advice of David Falk (friend & agent), he wore an unbranded white shoe to keep people guessing what was next. Toward the end of the season, Ewing, in partnership with Pony founder Roberto Mueller, unveiled the Ewing Athletics brand. By 1990, the company was doing remarkable business, grossing approximately $100 million that year.
The company released more than 20 different shoe models until 1996, when challenges, including the overall sneaker market itself, forced Ewing and his partners to shut down the business.

Apple | CrunchBase Profile

source

Apple is now the most valuable company of all time, with the Cupertino-based company’s market cap reaching a high of $621 billion. The company’s stock is trading at $664.12 per share, and reached a record price of $664.74 per share in trading today.

Microsoft previously set the record for a public company’s valuation at $618.9 billion in December of 1999.

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McDonald’s has marked a milestone by hiring the company’s first African American CEO, as 22-year McDonald’s veteran Don Thompson will replace current CEO Jim Skinner, who’s retiring.
Thompson currently works as the company’s global strategy and operations for the more than 33,000 McDonald’s restaurants in 119 countries.
It’s not going to be an easy start for Thompson, as economic turmoil continues to rise in Europe, McDonald’s largest market by revenue. The company has also been struggling with rising costs of labor and ingredients, something Thompson will be responsible for remedying.

Throwback McDonald’s Commercial (1992):

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How to Win at the Sport of Business: If I Can Do It, You Can Do It

Mark Cuban shares his wealth of experience and business savvy in his first published book, How to Win at the Sport of Business, available now only as an e-book. Using the greatest material from his popular Blog Maverick, he has collected and updated his postings on business and life to provide a catalog of insider knowledge on what it takes to become a thriving entrepreneur. Cuban tells his own rags-to-riches story of how he went from selling powdered milk and sleeping on friends’ couches to owning his own company and becoming a multi-billion dollar success story. His unconventional yet highly effective ideas on how to build a successful business offer entrepreneurs at any stage of their careers a huge edge over their competitors

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The ultimate hustler Dame Dash has added another hustle to the resume and it is selling motor oil. Co-founder of Roc-a-fella records, Dame Dash has joined an oil factory based in Williamsburg, Brooklyn to sell car oil products. Watch video below: