Magic Johnson

Magic Johnson Sells Starbucks Shares

Magic Johnson has sold his 50% stake in 100 urban Starbucks stores less than a week after selling his 5% stake in his former team, the Los Angeles Lakers.

Magic Johnson Aims for a Three-Pointer in Hotels

Earvin "Magic" Johnson recently celebrated his Los Angeles Lakers' 2010 NBA Championship win. Now, he's hoping for a similar comeback for the suffering U.S. hotel industry, where he has put money for years as a way to create jobs and services in communities underserved by investors.