recession

Locked up at Thanksgiving: Definitely not a holiday
Gregg Reese  |   OW Staff Writer
Nov 25 2010

Incarceration is on the menu for scores of area teenagers

Now that the holidays are upon us, efforts are in full swing to address the commercial aspect that is an intractable part of the season, underlining the hope that it may add ballast for the depressed economy that has become a staple over the past few years.

More>>>
Poverty in America: Sky high numbers
Marisol Aguilar  |   OW Contributor
Sep 23 2010

Minorities hard hit as usual

According to the Census Bureau, the poverty rate has escalated from 13.2 percent in 2008 to 14.3 percent in 2009. Last year, 43.6 million Americans lived in poverty; that figure increased nearly 4 million, compared to 2008.

“This is the largest number of officially impoverished Americans in the 51 years the government has kept track of poverty levels, and the highest percentage since 1994,” wrote Joseph Shaman, a senior correspondent for AOL news.

More>>>
Smart growth
Manny Otiko   |   OW Contributor
Apr 1 2010

Recession is the perfect time to expand your company

Abandoned homes, empty store fronts and long unemployment lines. The signs are all there showing that we are in the worst economic climate since the Great Depression. However some African American entrepreneurs are thriving in the so-called Great Recession.
Selena Cuffe, president of Heritage Link Brands, a company that imports and distributes wines produced by Africans and Blacks in the Diaspora, said the current economic climate has made find financing a lot more challenging.

More>>>
University study on unemployment
Cynthia E. Griffin
Jun 11 2009

Black males hardest hit by recession

Los Angeles, CA -- Despite their apparent differences, Leslie Dugger and Bjorn Biggles have quite a bit in common.

Dugger, 59, has a graduate degree from USC in policy, planning and development as well as an undergraduate business degree from Shaw University. He is an experienced business executive whose credits include serving as controller of an Internet technology company that did more than $800 million in business, as well as with growing a firm from $2 to $32 million in revenue in about 24 months.

More>>>
The California difference
Cynthia E. Griffin-  |   OW Managing Editor
Mar 26 2009

Economic downturn reshaping state

 Los Angeles, CA -- The recession that currently has the nation in a chokehold is different from past economic downturns because its root cause is an inside job.

According to Jed Kolko, an associate director and research fellow with the Public Policy Institute of California (PPIC), the cause of the current economic malaise is the imploding housing market, which in turn tugged the banking and financial systems down the drain.

More>>>

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.

More>>>

This Week in LA

More>>>

Contact Us    |   Advertise with Us    |   About Us    |   Submit News    |   Sign Up for Updates

Distribution Map   |   Editorial Calendar    |    Request  Media Kit   |   Terms of Service  |   Privacy Policy

 

Powered by Drupal and Drupal Theme created with Artisteer.