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News Roundup
Written on 1 May, 2009 at 17:36 in Business News | viewed 264 times | 0 Comments
Young adults may have to exercise a bit of creativity when it comes to earning cash this summer, according to a study released by Challenger, Gray, and Christmas Inc. this week.... (Continue reading)
Former Morehouse Leader Named Chairman of Bank of America
Written on 30 Apr, 2009 at 17:19 in Business News | viewed 993 times | 2 Comments
Bank of America Corp. named Walter E. Massey, a longtime director and president emeritus at Atlanta's Morehouse College, its new chairman, effective immediately. ... (Continue reading)
Sparring With New Media
Written on 29 Apr, 2009 at 13:12 in News | viewed 351 times | 2 Comments
Kery Davis, senior vice president of programming at HBO Sports, is responsible for overseeing negotiations and program planning for the network’s major boxing series “World Championship Boxing” and “Boxing After Dark,” as well assisting with the HBO Pay-Per-View series. Named... (Continue reading)
News Roundup
Written on 24 Apr, 2009 at 16:44 in Business News | viewed 515 times | 0 Comments
MLK Memorial, Urban League honors, USDA... (Continue reading)
News Roundup
Written on 17 Apr, 2009 at 13:15 in Business News | viewed 491 times | 1 Comment
Procter and Gamble Sells Johnson Products Co. Procter and Gamble Co. sold Johnson Products Co., one of the world’s leading African-American hair care products lines, to RCJP Acquisition Inc. for an undisclosed amount. The new management team will be led by husband... (Continue reading)
Bernanke Beams Optimism on Economy at Morehouse Address
Written on 15 Apr, 2009 at 10:39 in Business News | viewed 1,016 times | 1 Comment
Federal Reserve Chairman Ben Bernanke says he’s “fundamentally optimistic” about the nation’s economy, expressing confidence that the U.S. will pull itself out of its current financial rut during an address Tuesday at Morehouse College in Atlanta.... (Continue reading)
Will Bailout Funds Benefit Main Street?
Written on 14 Apr, 2009 at 15:02 in Business News | viewed 657 times | 2 Comments
Can the Obama administration convince ordinary Americans that the rescue of the financial system serves everybody and not just Wall Street institutions? If the government succeeds in pushing fund managers to create a new breed of investment instrument, small investors... (Continue reading)
News Roundup
Written on 10 Apr, 2009 at 12:58 in Business News | viewed 735 times | 2 Comments
President Barack Obama announced a virtual records system Thursday that should ease delays in healthcare for wounded veterans. The electronic record keeping system, will handle service members' administrative and medical records from the day they enter service. Those files... (Continue reading)
Auto Suppliers Get Government Help
Written on 10 Apr, 2009 at 11:42 in News | viewed 969 times | 2 Comments
Automotive suppliers employ more than 500,000 U.S. workers and manufacture most of the parts of the vehicles that the big car companies put together. Until now, the public and the bailouts had overlooked these key industry players. That changed April... (Continue reading)
Unemployment Rate Hits 8.5%
Written on 3 Apr, 2009 at 9:38 in Business News | viewed 929 times | 0 Comments
The nation’s unemployment rate soared to 8.5% in March, according to the Bureau of Labor Statistics.... (Continue reading)
