Wednesday 07.10.2019

U.S. Seizes Ship Owned By JP Morgan Asset Management With 20 Tonnes Of Cocaine Worth $1.3B

In what has been described as the largest cocaine haul in American history, U.S. authorities have seized a container ship near Philadelphia owned by J.P. Morgan Asset Management.

Losing Just 1 HBCU Will Reverberate For Generations.

The first historically Black university — Pennsylvania’s Cheyney University — opened in 1837 and since then, HBCUs have played a vital role in the African-American community.

Jay-Z’s Roc Nation Is Suing Iconix For Fraud. That’s The Licensing Firm That Bought His Men’s Clothing Brand Rocawear For $204M

Jay-Z isn’t too happy with the company he sold his thriving Roc Nation apparel company to back in 2007. He claims the company bilked investors in a “massive years-long fraud.” So his Roc Nation is the licensing firm Iconix Brand Group, “accusing the licensing firm of lying about its finances when it made deals with the rapper’s Roc Nation apparel company,” CBS News reported.

The Black Woman Who Launched The Modern Fight For Reparations

The issue of reparations to African Americans for slavery has been heating up, and there was even a recent Congressional hearing to debate it. But the call for reparations goes way back. And behind the movement were many Black-American women.

Egypt’s Suing To Get Back A King Tut Statue That Sold For $6M At Christie’s

Despite an outcry from Egypt, Land of the Pharaohs, a statue of King Tut’s head that they claim was stolen fetched a mouthwatering $6 million at auction last week in London.