Black Business Blast: Eve Shuts Down Clothing Company

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Eve Shuts Down Clothing Line & Leaves Label! TheYBF.com caught up with E-V-E on last night’s VH1 Hip Hop Honors red carpet. And she revealed that she has permanently shut down her Fetish clothing line. Young, Black & Fabulous

♦ Banks to Small Biz: “Borrowers Welcome” Five years ago, when the economy was humming, 5 percent of small businesses surveyed by the National Federation of Independent Business labeled “financing” – in other words, borrowing – as the biggest thorn in their paw. Fast-forward to today, when we’re left to deal with the aftermath of a recession that has broken records for unpleasantness and left lenders like CIT Group in deep trouble. The Network Journal

♦ Banks Back Off Overdraft Fees, Will Make Up Profit Elsewhere Banks are backing off harsh overdraft fees and policies. That’s the good news. The bad news is they’ll probably look to make up that lost profit elsewhere. It’s a worrisome prospect for the vast majority of customers who never overdraw their funds and have grown accustomed to perks like free checking accounts. The Grio

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Eve & Hip Hop Greats
Eve attends the 2009 VH1 Hip Hop Honors at the Brooklyn Academy of Music on September 23, 2009 in the Brooklyn borough of New York City. 2009 VH1 Hip Hop Honors – Backstage And Audience Brooklyn Academy of Music New York, NY United States September 23, 2009 Photo by Jeff Kravitz/FilmMagic.com To license this image (58462804), contact FilmMagic.com
Jeff Kravitz/FilmMagic.com
FilmMagic.com

Eve & Hip Hop Greats

    Eve attends the 2009 VH1 Hip Hop Honors at the Brooklyn Academy of Music on September 23, 2009 in the Brooklyn borough of New York City. 2009 VH1 Hip Hop Honors – Backstage And Audience Brooklyn Academy of Music New York, NY United States September 23, 2009 Photo by Jeff Kravitz/FilmMagic.com To license this image (58462804), contact FilmMagic.com

    Jeff Kravitz/FilmMagic.com

    Musician Kid Rock attends the 2009 VH1 Hip Hop Honors at the Brooklyn Academy of Music on September 23, 2009 in the Brooklyn borough of New York City. 2009 VH1 Hip Hop Honors – Backstage And Audience Brooklyn Academy of Music New York, NY United States September 23, 2009 Photo by Jeff Kravitz/FilmMagic.com To license this image (58462781), contact FilmMagic.com

    Jeff Kravitz/FilmMagic.com

    Kid Rock attends the 2009 VH1 Hip Hop Honors after party to benefit the VH1 Save the Music Foundation at One Hanson Place on September 23, 2009 in New York City. 2009 VH1 Hip Hop Honors – After Party To Benefit The VH1 Save The Music Foundation One Hanson Place New York, NY United States September 23, 2009 Photo by Steven A Henry/FilmMagic.com To license this image (58468450), contact FilmMagic.com

    Steven A Henry/FilmMagic.com

    Flavor Flav attends the 2009 VH1 Hip Hop Honors after party to benefit the VH1 Save the Music Foundation at One Hanson Place on September 23, 2009 in New York City. 2009 VH1 Hip Hop Honors – After Party To Benefit The VH1 Save The Music Foundation One Hanson Place New York, NY United States September 23, 2009 Photo by Steven A Henry/FilmMagic.com To license this image (58468161), contact FilmMagic.com

    Steven A Henry/FilmMagic.com

    Rapper Flava Flav attends the 2009 VH1 Hip Hop Honors after party to benefit the VH1 Save the Music Foundation at One Hanson Place on September 23, 2009 in New York City. 2009 VH1 Hip Hop Honors – After Party To Benefit The VH1 Save The Music Foundation – Arrivals One Hanson Place New York, NY United States September 23, 2009 Photo by Jemal Countess/WireImage.com To license this image (16974709), contact WireImage.com

    Jemal Countess/WireImage.com

    Tracy Morgan attends the 2009 VH1 Hip Hop Honors at the Brooklyn Academy of Music on September 23, 2009 in New York City. 2009 VH1 Hip Hop Honors – Red Carpet Brooklyn Academy of Music New York, NY United States September 23, 2009 Photo by Kevin Mazur/WireImage.com To license this image (16973638), contact WireImage.com

    Kevin Mazur/WireImage.com

    Kid Rock attends the 2009 VH1 Hip Hop Honors at the Brooklyn Academy of Music on September 23, 2009 in New York City. 2009 VH1 Hip Hop Honors – Red Carpet Brooklyn Academy of Music New York, NY United States September 23, 2009 Photo by Kevin Mazur/WireImage.com To license this image (16973704), contact WireImage.com

    Kevin Mazur/WireImage.com

    Ashanti attends the 2009 VH1 Hip Hop Honors at the Brooklyn Academy of Music on September 23, 2009 in New York City. 2009 VH1 Hip Hop Honors – Red Carpet Brooklyn Academy of Music New York, NY United States September 23, 2009 Photo by Kevin Mazur/WireImage.com To license this image (16973655), contact WireImage.com

    Kevin Mazur/WireImage.com

    Tracy Morgan on stage at the 2009 VH1 Hip Hop Honors at the Brooklyn Academy of Music on September 23, 2009 in New York City. 2009 VH1 Hip Hop Honors – Show Brooklyn Academy of Music New York, NY United States September 23, 2009 Photo by Kevin Mazur/WireImage.com To license this image (16974176), contact WireImage.com

    Kevin Mazur/WireImage.com

    Tracy Morgan on stage at the 2009 VH1 Hip Hop Honors at the Brooklyn Academy of Music on September 23, 2009 in New York City. 2009 VH1 Hip Hop Honors – Show Brooklyn Academy of Music New York, NY United States September 23, 2009 Photo by Kevin Mazur/WireImage.com To license this image (16974175), contact WireImage.com

    Kevin Mazur/WireImage.com

♦ New Jobless Claims Drop Unexpectedly to 530K The number of newly laid-off Americans seeking unemployment benefits fell for the third straight week, evidence that layoffs are continuing to ease in the earliest stages of an economic recovery. Yahoo Finance

♦ Nintendo, Under Extreme Pressure, Cuts Wii Prices To salvage sales for the holiday season, Microsoft and Sony have cut prices on their models, in some cases by $100. The tremendous reaction to the lower prices is clearly putting pressure on Wii sales. 247wallst.com

♦ WalletPop review: Michael Moore’s ‘Capitalism: A Love Story’ America is Rome, and it’s toppling. That’s the opening salvo from Michael Moore in his blistering new documentary, ‘Capitalism: A Love Story,’ which opens in New York and Los Angeles today and across the country Oct. 2. WalletPop

♦ Gmail Down. Again. Apparently seeking to further discredit its own cloud computer hype, Gmail crashed again this morning, leaving millions without access to archived e-mail for almost two and a half hours. The Big Money

♦ 10 Careers With True Job Security If you’re thinking about switching careers, or you’re worried about your current employment status, here are 10 jobs that have real security. They’re the hardest to fill, according to research by employment services company Manpower. MainStreet.com

 

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