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

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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

Technology

Liberal groups boycotting Facebook over immigration push

[THE WASHINGTON POST] Several prominent liberal organizations are launching a boycott of Facebook, an escalation in the simmering feud over founder Mark Zuckerberg’s immigration reform push. Progressives are upset with the ads Zuckerberg’s group FWD.us has funded in support of vulnerable senators who back immigration reform. Instead Read More

Business

Study says business travel has high returns

[UPI] A study sponsored by the U.S. Travel Association said that every dollar invested in business travel was returned almost 10 times over in business revenue. The study conducted by Oxford Economics found a return of $9.50 in revenue and $2.90 in profit for each Read More

Op-Ed

Consumer Power has no Age Limit

By Cheryl Pearson-McNeil NNPA Columnist   I believe our future is in good hands, despite what recent news headlines would have us otherwise believe.  You are as familiar as I am with the barrage of negative stories of violence, drugs, teen pregnancy, bullying and other Read More

Business

Chinese factories rise but U.S. manufacturing slows

[REUTERS] Strong demand at home boosted activity at Chinese factories last month, but U.S. manufacturing hit an unexpected speed bump after expanding rapidly in February, weakened by a slower pace of new orders. Other surveys released on Monday showed manufacturing sectors in South Korea and Japan growing as exports Read More

Business

Chief Justice hit by credit-card fraud

[THE WASHINGTON POST POLITICS BLOG] Credit-card fraud can strike anyone, anywhere. Ask Chief Justice John Roberts. Roberts usually uses a credit card to buy his morning coffee at his local Starbucks in suburban Maryland. But on Tuesday, when he needed to be extra sharp for the Read More

Business

Observer Co-Publisher Kathryn C. Lee passes at 77

[THE SACRAMENTO OBSERVER] SACRAMENTO – She was a contestant in the Miss Amigos pageant in Sacramento in 1954, but those who knew her said her true beauty lie in her ability to help provide opportunities for other African Americans in the region. Kathryn C. Lee, Read More

Business

Colleges find a new way to get grads hired

[CNNMONEY] A handful of colleges think they’ve found the secret to closing the gap between the types of graduates they’re turning out and the types of workers employers are looking for: spiders. Not the hairy, creepy kind, but rather artificial-intelligence spiders that crawl through search Read More

Business

Few NYC Ad Dollars Spent on Ethnic Media

[THE NEW YORK CARIB NEWS] The Center for Community and Ethnic Media, which is housed at the CUNY Graduate School of Journalism, is releasing a report today on the advertising practices of New York City’s government. The report documents how little of the city’s ad Read More

Religion

Bishop Eddie Long Sued Over Alleged Ponzi Scheme

[HUFFINGTON POST] Atlanta megachurch pastor Bishop Eddie Long is facing a suit from former parishioners who say he encouraged them to invest in a company that was operating an alleged Ponzi scheme. A dozen former members of New Birth Missionary Baptist Church in Lithonia, Ga., Read More

Business

Coca-Cola executive Saunders Jones retiring

[THE ATLANTA VOICE] ATLANTA – Longtime activist and civic leader Ingrid Saunders Jones is retiring from Coca-Cola after 30 years of notable service with the company, officials announced this week. Jones, senior vice president of Global Community Connections and chair of the Coca-Cola Foundation, will Read More

Op-Ed

Beyond the Rhetoric: Business Tools for Success

By Harry C. Alford NNPA Columnist   No business can guarantee success.  In fact, the vast majority of business ventures fail by the second year. Yet, entrepreneurship is the backbone of our economy and the few who succeed provide more than 70 percent of all Read More

Op-Ed

BUSINESS EXCHANGE: The Year in Review

By William Reed NNPA Columnist   Again this year, African Americans placed higher priorities on participation in politics than the pursuit of capitalistic and business development initiatives to improve their economic conditions. Their primary motivation is to use “the vote” to get what they want Read More

No Picture
Op-Ed

Beyond the Rhetoric: Corruption on ‘Steroids’

By Harry C. Alford NNPA Columnist   Most people think of corruption belonging exclusively to the Third World. Actually, corruption is everywhere. Sometimes it is rampant and sometimes it is subtle and, by definition, very hard to detect.  Let me tell you about corruption that Read More

Business

American Families Are Poorer Than in 1989

[Businessweek.com]   The deterioration in American families’ wealth is even worse than you would know from this morning’s headlines about the Federal Reserve’s Survey of Consumer Finances (PDF). According to my calculations, the inflation-adjusted median net worth of American families was lower in 2010 than in 1989. Read More