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How One Family Went From No Debt To Owing $1 Million

How One Family Went From No Debt To Owing $1 Million

Source: Kimbriell Kelly / The Washington Post On a cold Sunday afternoon 10 years ago, Comfort and Kofi Boateng stood with Comfort’s mother and their three children before a quarter-acre parcel in a brand-new subdivision in the center of Prince George’s County. The place was called Fairwood. They stepped onto Lot 71, an empty stretch of gravel, and […]

A Shattered Foundation: Blacks In Prince George’s County Lose Homes, Wealth

A Shattered Foundation: Blacks In Prince George’s County Lose Homes, Wealth

Source: Michael A. Fletcher / The Washington Post African Americans for decades flocked to Prince George’s County to be part of a phenomenon that has been rare in American history: a community that grew more upscale as it became more black. The county became a national symbol of the American Dream with a black twist. Families moved into […]

Few Minorities In Non-Tech Jobs In Silicon Valley, USA TODAY Finds

Few Minorities In Non-Tech Jobs In Silicon Valley, USA TODAY Finds

Source: Jessica Guynn, Paul Overberg, Marco della Cava and Jon Swartz / USA Today SAN FRANCISCO — In 2014, leading technology companies released data showing they vastly underemploy African Americans and Hispanics. Those groups make up 5% of the companies workforce, compared to 14% nationally. Company personnel leaders — many with titles such as director of diversity and […]

Minimum Wage To Rise In 21 States This Week

Minimum Wage To Rise In 21 States This Week

Source:Paul Davidson / USA Today The minimum wage will rise in 21 states in 2015, putting it above the federal pay floor in more than half the USA and highlighting the impact of a national movement to boost the earnings of low-paid workers. The increases will lift the hourly wages of 2.4 million workers by up to […]

Carol’s Daughter Is Acquired By L’Oreal USA

Carol’s Daughter Is Acquired By L’Oreal USA

Source: Yesha Callahan / The Root Lisa Price started Carol’s Daughter in her own kitchen in 1993, way before the natural-hair beauty-product business was booming. Carol’s Daughter products are a staple in many naturalistas’ beauty regimen, but over the last year, there were reports that the company was having financial issues. In April, companies affiliated with […]

NewsOne Now Audio Podcast: Are We Prepared To Fight Ebola In America?

NewsOne Now Audio Podcast: Are We Prepared To Fight Ebola In America?

Are you comfortable with what Pres. Barack Obama had to say about the Ebola crisis after his emergency cabinet meeting on Wednesday? Do you think the situation under control and the United States will avoid a major outbreak of the Ebola virus? Why haven’t federal officials stepped in and seized  control of the situation in Dallas now that a second nurse […]

NBC News Selling TheGrio.com

NBC News Selling TheGrio.com

Source: Jordan Chariton / TV Newser First on TVNewser: NBC News is selling TheGrio.com back to its original owners, TVNewser has learned. The African American news and politics site will be sold back to David Wilson and Dan Woolsey later this month. The duo, along with NBC, launched the website in 2009.  NBC bought it outright in 2010. With the change in ownership, […]

O’Bannon Lawyer Slams NCAA “Hypocrisy” in Profiting Off Of Student Athletes [12.5.13]

O’Bannon Lawyer Slams NCAA “Hypocrisy” in Profiting Off Of Student Athletes [12.5.13]

Colleges can earn an unending amount of profits from their student athletes long after they stop playing game, via video games, jersey sales, TV broadcasts, and more. The students, despite all their hard work and training, make nothing. This incensed former UCLA player, Ed O’Bannon, who is suing the NCAA. If he wins, it could force colleges […]

Judge Releases Ruling On Ed O’Bannon Case: NCAA Loses

Judge Releases Ruling On Ed O’Bannon Case: NCAA Loses

Source: Steve Berkowitz / USA Today A federal judge ruled Friday that the NCAA’s limits on what major college football and men’s basketball players can receive for playing sports “unreasonably restrains trade” in violation of antitrust laws. U.S. District Judge Claudia Wilken, in a 99-page ruling in favor of a group of plaintiffs led by former UCLA […]

Bank Of America Fined $1.3B For Bad Mortgages

Bank Of America Fined $1.3B For Bad Mortgages

Source: Kevin McCoy / USA Today NEW YORK — A Bank of America subsidiary was ordered to pay nearly $1.3 billion Wednesday for a program that caused heavy losses to federally-backed mortgage finance giants Fannie Mae and Freddie Mac amid fallout from the financial crisis. U.S. District Judge Jed Rakoff imposed the fine on the Countrywide Financial […]

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