It has been reported in the New York Post that Jay-Z is considering selling stakes in his upscale sports bar, The 40/40 Club with Las Vegas casino company the Palazzo. This would make the 40/40 Club the largest sports booking company in the world. This would allow clients to gamble and bet on sports games. There are countless celebs who have attempted and failed to open restaurants or other business’. It seems that everything Jay touches turns into gold…

Following in the footsteps of his “big brother” Kanye West company, KW Foods LLC is planing on 74-seat Fat Burger in his hometown of Chicago, Illinois. This will be the first Fat Burger in the Chicago area. West is planning on opening three restaurants the first opening in September!

Who knew that there was a Cape Town Fashion Week?! And surprisingly there were mostly white models on the runway. We shouldn’t be surprised. Check out some highlights of the show below…

What is our sweetheart doing with this looser?! For reasons unbenowns to us model it-girl Chanel Iman lunched with singer producer Ryan Leslie in New York earlier today. What is the connection? is she delving into a music career or are two (who are almost 10 years apart in age) dating?! We dont know which would be worse!

In recent news, Chanel signed on to appear in the new fall Gap ad campaign. Check out the advert below…
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The supermodel is sweet in her Mulberry dress at a N.Y.C. party in April, while the actress attends the Black Ball in London in her two-tone frock this month.

The singer paired her Roberto Cavalli dress with YSL sandals for a concert for Nelson Mandela in London, while the actress gets heavily accessorized with her patchwork dress at a photoshoot in N.Y.C.

The younger Knowles sister paired her Unhee romper with a bold white bag at an N.Y.C. dinner, while the Hellboy 2 actress went for a retro take on the romper at TRL a few weeks later.

The Raisin in the Sun actress belts her Twelfth Street by Cynthia Vincent dress at a boutique opening in L.A., while the Ugly Betty costar keeps it simple in her patterned slipdress at a Darphin charity event in L.A.
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Jennifer Hudsonexuded beauty in some new promotions shots. We didn’t know ole girl had it in her. She could have used some spanx in some of the shots though but all in all she looked great. When is the album dropping?

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It is believed that Isaac Hayes died of a stroke. The singer had a history of blood pressure and was a self proclaimed health fanatic. Click here to read what Isaac Hayes III had to say about his late father. Grab some Kleenex this is very touching.
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Beyonce was seen arriving at LAX Airport Tuesday morning sans husband Jay-Z. Where is she headed to and where is Jay? Maybe she is heading to New York to tape the Fashion Rocks Awards. Check out how thin this chick is getting below.

Which young starlet was wearing these graphic printed bikini bottoms while enjoying some water sports with her famous boyfriend?
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What do you think of the birthday girl’s dress? Meagan Good threw herself a bash for her 27th year. No one worth posting showed up to the event so you will have to make due with the photos below.

Chanel Iman was among the many models who celebrated with the Tyra Banks Show for the historic all Black Vogue Itailia Issue. Beverly Johnson, Selita Ebanks, Toccara Jones and many others participated, but no Naomi Campbell and where was Jourdan Dunn?