Finance

Jun 14 2012

Several keys are critical to business

Admit it. Your business is your pride and joy, second only in importance to your family and closest friends. You’ve nurtured it, sacrificed for it, and painstakingly infused into it all of your passion and the best part of your personality. You know that the desire to be in business and an earnest work ethic are not enough alone to guarantee your business’ long-term success. The question is how do you ensure that your business will outlast your founder’s touch and yet maintain your vision and passion?

Cynthia E. Griffin-  |   OW Managing Editor
Nov 24 2011

Local organizations that teach their clients to fish

Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.
—Chinese Proverb
 

Nov 1 2011

Vowed not to file for bankruptcy

COMPTON, Calif.—Compton’s finances are in a shambles.

They’re in such disarray that the city amassed $369,000 in late fees over the last year because it could not pay its policing contract with the Los Angeles County Sheriff’s Department on time, the Los Angeles Times reported today.

The city has already laid off about 15 percent of its workforce, and city leaders warn that more cuts may be on the way. City Hall has slashed spending, even canceling the city’s popular gospel concert.

Terri Schichenmeyer  |   OW Contributor
Aug 4 2011

Author: Ryan C. Mack

You’ve learned your lesson.

In the past four years, you’ve learned that you can’t spend frivolously. You can’t use credit unwisely, there’s no “wiggle room” on bill-paying, and the only way to face your future is to put money back into your own pocket with savings and investments.

David L. Horne, Ph.D.  |   OW Contributing Columnist
Jul 28 2011

Practical Political

OK, enough of this machismo bravado over money the United States of America already owes.

Here’s the skinny: if there is no miracle on Pennsylvania Avenue by or before Monday, Aug. 1, President Barack Obama will change the entire game by invoking the 14th amendment authority to always pay America’s debts. As commander-in-chief and the highest ranking elected official sworn to protect and defend this country, President Obama will cite this debt-ceiling crisis as a challenge to America’s national security interests, and take charge.

Across Black America

Here’s a look at African American people and issues making headlines throughout the country.
 

Alabama
Freeman A. Hrabowski, president of the University of Maryland, Baltimore County, will address the annual African American Business Council luncheon on June 28. Hrabowski, who is chairman of President Barack Obama’s Advisory Commission on Education Excellence for African Americans, has a national reputation for his work studying the performance of minority students in math and science. Hrabowski, named one of the 10 best college presidents in the country by Time magazine, was a child leader in the Civil Rights Movement in Birmingham in the 1960s.
 

Arkansas
The Liberty Counsel filed a motion and a brief in United States District Court for the Eastern District of Arkansas seeking to intervene on behalf of a Concepts of Life crisis pregnancy center to defend against a suit filed by the American Civil Liberties Union and the Center for Reproductive Rights. The groups seek to impose a permanent injunction before the Human Heartbeat Protection Act goes into effect July 18. Liberty Counsel also filed a brief opposing the ACLU’s request for an injunction. The “Heartbeat” bill states that when a woman seeks an abortion at or after the 12th week, doctors must test for a fetal heartbeat before an abortion is performed and inform the pregnant mother that the child in her womb has a heartbeat. If a heartbeat is detected, a woman cannot have an abortion, except in cases of rape, incest, and if a mother’s life is in danger. “As we promised when the legislation was introduced, Liberty Counsel will defend this law without reservation for the people of Arkansas, born and pre-born,” said Matt Staver, founder and chairman of Liberty Counsel. “No right is more foundational than the right to life. Without life, all other rights are irrelevant,” concluded Staver.