Business

TransUnion, Equifax Customers Get Back Over $17 million, Thanks to CFPB

By Charlene Crowell (NNPA Newswire Columnist) Millions of consumers who were duped into paying fees for their own credit scores will soon receive more than $17.6 million, thanks to the Consumer Financial Protection Bureau. Affected consumers can expect to receive notification letters in the mail. Read More

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Business

PRESS ROOM: Comcast Cable Accepting Proposals for Two New African American Owned Independent Networks

FOR IMMEDIATE RELEASE December 15, 2016 Contact Information Comcast Corporation Katie Lubenow, 215-286-5691 Katie_Lubenow@comcast.com or Jeannette Castaneda, 215-286-4933 Jeannette_Castaneda@comcast.com PHILADELPHIA — Comcast Cable today announced the company is now accepting proposals for two substantially African American owned, independent networks that it will launch in select Read More

Business

Why Access to Capital Still Matters

By A. Shuanise Washington (President and CEO Congressional Black Caucus Foundation, Incorporated) The lack of access to capital is one of the gravest threats confronting minority-owned businesses—and one that has deprived minority communities of their own source of wealth and jobs. Capital is, in fact, Read More

Featured

PRESS RELEASE: NNPA and NAHP Join Forces on Capitol Hill to Advocate for Greater Inclusivity in All Federal Government Advertising Spending

FOR IMMEDIATE RELEASE: MARCH 11, 2016 Contact: Claudette Perry at cperry@nnpa.org or Belzi Palencia at belzi@elmundous.com Strategic Alliance Between African American and Hispanic American Newspaper Publishers Supports Full Voting Rights and Statehood for DC, and a Request that Congresswoman Eleanor Holmes Norton Will Ask the Read More

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World

Obama to further ease Cuba travel, business restrictions Read more: http://www.politico.com/story/2015/09/cuba-sanctions-213818#ixzz3mEl6cTwh

  [POLITICO] The White House announced Friday that it is relaxing additional restrictions on Cuba regarding travel, commerce and investment, stemming from President Barack Obama’s call to ease Cuban sanctions last December. The regulatory changes include making it easier to travel to the Caribbean country, Read More

Business

Dems Give Business a Thorny Embrace

Bernie Becker and Peter Schroeder, THE HILL WASHINGTON (TheHill.com)—Democrats are offering a mixed message to the business community as they try to peel away support from the Republican Party. For months, Democrats have wooed the business community by touting their support for the expiring Export-Import Read More

Business

Mega-Mergers Are Killing Innovation

[TIME] The latest mega-merger in the telecommunications sector, that ofAT&T and DirecTV, would be the fourth largest in history, and it comes only months after the nation’s largest cable operator Comcast announced that it was buying Time Warner Cable, the second largest cable operator. Nor Read More

Business

How loyalty programs took over my life

[THE WASHINGTON POST] I am having a hard time being loyal to all my loyalty programs. I have frequent flyer/buyer/rider/sleeper/eater cards with two airlines, three hotel chains, a grocery store, two booksellers, one drug store, a coffee chain, a salad place, an office supply store, Read More

Business

Tribune takes a cue from News Corp. in planned newspaper spinoff

[LOS ANGELES TIMES] Tribune Co.‘s plan to spin off its newspapers, including the Los Angeles Times and Chicago Tribune, into a stand-alone publishing company follows in the footsteps of Rupert Murdoch‘s News Corp. — and other media companies. Nearly two weeks ago, News Corp. divided into two separate companies: 21st Read More

Business

Jobs data upbeat, but trade and services dim outlook

[REUTERS] Private employers stepped up hiring in June and new applications for unemployment benefits fell for a second straight week last week, pointing to a steadily improving labor market picture. Still, the pace of economic growth remains lackluster, with other reports on Wednesday showing a Read More

Business

Rise in mortgage rates cuts into home buyer demand

[REUTERS] Expectations the Federal Reserve will slow its economic stimulus program by the end of the year pushed mortgage rates higher last week, sapping demand from potential home buyers, data from an industry group showed on Wednesday. Rates measured by the Mortgage Bankers Association jumped Read More

Business

Wal-Mart, AT&T, Best Buy Slashing iPhone 5 Price

[LOS ANGELES TIMES] If you’re looking for a new iPhone 5 on the cheap, now is the time to buy. A number of retailers have begun slashing their prices on the popular Apple smartphone, including Wal-Mart, which cut prices on the device by $60. The retailer now sells Read More

Business

Study Says Housing Discrimination Still Prevalent in US

Special to the NNPA from The Final Call Hispanics, Asians and African-Americans who are looking to purchase a home still face discrimination in subtle forms, according to a new national study. According to the study, commissioned by the federal Department of Housing and Urban Development Read More

Business

Report: Pregnant workers face routine discrimination

[CBS NEWS] Pregnant women, especially those in low-wage jobs, are denied basic accommodations and routinely fired, according to a new report released Tuesday. Employers continue to refuse to provide pregnant workers accommodations that they routinely give employees with disabilities – despite federal laws designed to Read More

Business

Report says 70 percent of U.S. workers are disengaged

[UPI] A large majority of U.S. workers do not like their jobs with a significant portion of them disruptive in at least a passive-aggressive sense, a survey found. Being passive-aggressive at work would include attitudes that were so negative they held back personal productivity or Read More

Business

Blacks Optimistic about Finances

By Freddie Allen NNPA Washington Correspondent WASHINGTON (NNPA) –  Members of the Black middle class are more optimistic about their finances than they were a year ago, according to a recent study by the research arm of Prudential Financial Inc., Prudential surveyed more than 1100 Read More

Business

The car is the next major tech platform: GM’s CEO

[REUTERS] The car is the next great proving ground for communications technology, General Motors Co Chief Executive Dan Akerson said on Thursday. The automobile will become a major platform for tech “and one with far better battery life than an iPhone,” he said in prepared Read More

Business

Windows Becomes the Latest Best Buy Store-In-Store

[THE NEW YORK TIMES] Microsoft has unveiled plans for “store-within-a-store” sections in Best Buy stores, becoming the latest major consumer electronics maker to acknowledge advantages of the brick-and-mortar format. The sections will begin opening this month and offer Windows-based PCs, tablets, Xbox and accessories, as Read More

Op-Ed

Is ‘Big Brother’ Racially Biased?

By Julianne Malveaux NNPA Columnist When George Orwell wrote the novel 1984, he envisioned a character, real or imagined “Big Brother” who was a know-all, see-all, omnipotent and elusive presence that intruded into lives because he could.  Those who knew about “him” were told that they did not Read More

Business

Home prices show strong gains in April

[USA TODAY] The pace of home price increases stayed strong in April with prices up 12.1% year-over-year, CoreLogic says. The annual increase is the biggest in more than seven years. Prices were up 3.2% in April from March. “Increasing demand … coupled with low inventory, Read More

Business

Hotels copy airlines’ no-frills approach

[MARKET WATCH] The next time you check into a hotel, don’t be surprised if the front-desk clerk and bellhop are the same person. Or if there is no clerk or bellhop at all. To cut costs as consumers cut their travel spending, some hotels are taking Read More

Business

Modern Etiquette: The power of business networking

[REUTERS] There’s an old adage, “it’s not what you know, it’s who you know.” That adage couldn’t be more appropriate in today’s competitive job market. And networking (especially when you’re employed) can be the key to staying employed and staying on a clear career track. Read More

Business

U.S. trails Europe on paid vacation time

[THE WASHINGTON POST] Oh, to be Austrian. On a weekend when thoughts officially turn to summer, fruity cocktails and ways to skip work, it is an apt time to remember: Not everyone is able to laze around on Memorial Day. Or looking forward to a Read More

Business

Local Businesswoman Continues to Meet Needs of Black Girls Through Doll Line with New Chocolate Skin Addition Read

[NNPA News Wire Service] Special to the NNPA from the San Diego Voice & Viewpoint SAN DIEGO – CEO of World of EPI, Dr. Lisa Williams, recently announced the new addition of DIVAH Taylor to the Positively Perfect doll family.  Launched a few years ago, Positively Read More

Op-Ed

Homeowner Bills of Rights Emerge as Remedies to Foreclosure

By Charlene Crowell NNPA Columnist   A few days ago, HUD released data showing that more 620,000 troubled homeowners received more than $50 billion in principal reductions and savings. These actions were the direct result of the National Mortgage Settlement, negotiated by America’s largest banks, Read More

Business

Dr. J. Visits Phoenix Black Chamber Mixer

[NNPA] by Floyd Alvin Galloway Special to the NNPA from the Arizona Informant Before there was Air, there was the Doctor. On May 9, Dr. J., Julius Erving made a house call to Phoenix, for  the multi- chamber and organizational mixer sponsored by the Greater Read More

Business

Study: Five Percent of Consumers Had Errors on Their Credit Reports, Results in Less Favorable Terms for Loans

[NNPA] by William Garth Special to the NNPA from The Chicago Citizen A Federal Trade Commission study of the U.S. credit reporting industry found that five percent of consumers had errors on one of their three major credit reports that could lead to them paying Read More

Business

More tax lobbyists working Washington’s hallways

[REUTERS] The ranks of lobbyists are growing in Washington again as Congress flirts with a possible overhaul of the complex U.S. tax code. After declining for two years, the number of companies that hired a tax lobbyist, or lobbied on tax issues using in-house staff, Read More

Business

U.S. Budget Deficit Shrinks Far Faster Than Expected

[THE NEW YORK TIMES] WASHINGTON — Since the recession ended four years ago, the federal budget deficit has topped $1 trillion every year. But now the government’s annual deficit is shrinking far faster than anyone in Washington expected, and perhaps even faster than many economists think is Read More

Business

Rate of Union Membership Greater for Blacks

  [NNPA NEWS WIRE SERVICE] By Freddie Allen NNPA Washington Correspondent WASHINGTON (NNPA) – Black workers are 19 percent more likely to join unions than non-Black workers, according to a recent study. The study titled, “Blacks in Unions: 2012,” published by the Center for Labor Read More

Business

China approves GM’s $1.3B plant

[UPI] China has approved U.S. automaker General Motors’ plan to build a $1.3 billion plant in Shanghai, the official media said. Xinhua News Agency, quoting the automaker, said the plant with a production capacity of 150,000 units would be located in Shanghai’s Jinqiao district and Read More

Technology

Microsoft says Windows 8 sales ‘good’ but will update amid criticisms

[LOS ANGELES TIMES] n the face of mounting criticisms and sluggish PC sales, Microsoft continues to insist that its gamble on the radically redesigned Windows 8 operating system is paying off, if slowly. Tami Reller, the Windows division’s chief marketing officer and chief financial officer, said Read More