The financial system is crashing and action must be taken by the US government to convert debt into equity to produce a more stable environment, Nassim Taleb, author of "The Black Swan," told CNBC Thursday. Read More
Recently in Business Category
Finances
The financial system is crashing and action must be taken by the US government to convert debt into equity to produce a more stable environment, Nassim Taleb, author of "The Black Swan," told CNBC Thursday. Read More
The financial system is crashing and action must be taken by the US government to convert debt into equity to produce a more stable environment, Nassim Taleb, author of "The Black Swan," told CNBC Thursday. Read More
Sports
The economic recession has taken a $9 million bite out of Pro Football Hall of Famer-turned-businessman Willie Davis. Read More
The economic recession has taken a $9 million bite out of Pro Football Hall of Famer-turned-businessman Willie Davis. Read More
Christian
A group of 70 black South Florida churches that partners with banks to increase the financial strength of parishioners announced last week that the J. P. Morgan Chase bank, formerly Washington Mutual bank, has discontinued its relationship with the church group. Read More
A group of 70 black South Florida churches that partners with banks to increase the financial strength of parishioners announced last week that the J. P. Morgan Chase bank, formerly Washington Mutual bank, has discontinued its relationship with the church group. Read More
Business

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PBS board members, who for 25 years have turned a blind eye to religious programming at some of their member stations' religious programing, have decided to enforce a rule banning the broadcasts -- a move that spells the beginning of the end for religious shows on public television.
Business
The Peabody hotel in Memphis has filed a lawsuit in Shelby County
Circuit Court against Al Sharpton's National Action Network seeking
payment of almost $70,300, plus more than $17,000 in attorney's fees
and other costs.
Read More
The Peabody hotel in Memphis has filed a lawsuit in Shelby County
Circuit Court against Al Sharpton's National Action Network seeking
payment of almost $70,300, plus more than $17,000 in attorney's fees
and other costs.
Business
Six Flags, the big theme park operator, filed for bankruptcy in early Saturday morning in Delaware after failing to reach an agreement with lenders over a plan to reorganize its debt outside of court. Read More
Books
Berean Christian Stores has filed for Chapter 11 bankruptcy protection, and, according to its filing, is seeking a buyer for the company. Read More
Business
A former CEO and chairman of telecommunications giant AT&T Inc.
will lead General Motors Corp.'s board after the automaker emerges from
bankruptcy protection, GM said Tuesday.
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A former CEO and chairman of telecommunications giant AT&T Inc.
will lead General Motors Corp.'s board after the automaker emerges from
bankruptcy protection, GM said Tuesday.
Books
In The Heart and Soul of Business, Mable L. Cannings, presents and answers for you twenty-one "Business Venturing" questions that wanna-be entrepreneurs and young entrepreneurs would do well to consider as they enter the competitive world of business. Read More
In The Heart and Soul of Business, Mable L. Cannings, presents and answers for you twenty-one "Business Venturing" questions that wanna-be entrepreneurs and young entrepreneurs would do well to consider as they enter the competitive world of business. Read More
Business

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It is not every 31-year-old who, in a first government job, finds himself dismantling General Motors and rewriting the rules of American capitalism.
Business
A majority of General Motors' bondholders agreed to exchange their debt for an ownership stake as high as 25 percent in G.M., the final obstacle to an orderly bankruptcy for the ailing carmaker.
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A majority of General Motors' bondholders agreed to exchange their debt for an ownership stake as high as 25 percent in G.M., the final obstacle to an orderly bankruptcy for the ailing carmaker.
Business
Instead of an analog paper printed on paper you may get it on a panel which would be mobile, which will receive the whole newspaper over the air, (and) be updated every hour or two. Read More
Instead of an analog paper printed on paper you may get it on a panel which would be mobile, which will receive the whole newspaper over the air, (and) be updated every hour or two. Read More
African-American
When Anne Mulchay steps down as CEO of the Xerox Corporation, a Black woman will head a Fortune 500 company for the first time. The company released a statement yesterday May 21 stating that Xerox Corporation President Ursula Burns will be replacing Anne Mulcahy effective July 1. Read More
When Anne Mulchay steps down as CEO of the Xerox Corporation, a Black woman will head a Fortune 500 company for the first time. The company released a statement yesterday May 21 stating that Xerox Corporation President Ursula Burns will be replacing Anne Mulcahy effective July 1. Read More
Christian
Soon the sanctuary will be crowded with bags of groceries. And the Shorter Community African Methodist Episcopal Church will turn its fellowship hall into a barbershop. Read More
Technology

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Xerox named Ursula Burns to succeed Chief Executive Anne Mulcahy, in a move that makes Burns one of the most prominent African-Americans to head a Fortune 500 company.
Business
Pulling a slimy Gummi Bear out of Gatorade for a science experiment wasn't exactly what Karen Kingsbury, a mother of six, had in mind as she approached a writing deadline for her latest book. Read More
Pulling a slimy Gummi Bear out of Gatorade for a science experiment wasn't exactly what Karen Kingsbury, a mother of six, had in mind as she approached a writing deadline for her latest book. Read More
Business
Chrysler filed for bankruptcy protection Thursday and announced it will temporarily halt most of its vehicle production while it completes a deal with Italian carmaker Fiat designed to revive its tattered fortunes. Read More
Chrysler filed for bankruptcy protection Thursday and announced it will temporarily halt most of its vehicle production while it completes a deal with Italian carmaker Fiat designed to revive its tattered fortunes. Read More
Business
Morehouse College president emeritus Walter E. Massey has been named chairman of Bank of America, one of the nation's three largest commercial banks. Read More
Morehouse College president emeritus Walter E. Massey has been named chairman of Bank of America, one of the nation's three largest commercial banks. Read More
Business
The US recession has opened up the biggest gap between male and female unemployment rates since records began in 1948, as men bear the brunt of the economy's contraction. Read More
Business
Get ready to see more baked goods, custom-designed clothes, jewelry -- and even horse saddle pads -- on the market.
Read More
Get ready to see more baked goods, custom-designed clothes, jewelry -- and even horse saddle pads -- on the market.
Business
Japanese Prime Minister Taro Aso unveiled a new stimulus package Friday, calling for 15 trillion yen ($150 billion) in government spending to lift the world's second-largest economy from a painful recession.
Read More
Japanese Prime Minister Taro Aso unveiled a new stimulus package Friday, calling for 15 trillion yen ($150 billion) in government spending to lift the world's second-largest economy from a painful recession.
Business
Barnes & Noble needs to find growth somewhere: Wall Street expects the book seller's sales to drop 3% this year, including a 5% decrease this quarter. Read More
Business
African-American
According to FraserNet founder George Fraser, African-Americans should not wait on the government to solve the community's current economic issues, but rather start empowering themselves to improve their own economic realities. Read More
According to FraserNet founder George Fraser, African-Americans should not wait on the government to solve the community's current economic issues, but rather start empowering themselves to improve their own economic realities. Read More
National
Ready to shake up the floundering auto industry, and determined to fire someone other than Timothy Geithner, President Obama announced a dramatic layoff at General Motors, consisting of a single individual...The company's CEO, Rick Wagoner. Read More
Ready to shake up the floundering auto industry, and determined to fire someone other than Timothy Geithner, President Obama announced a dramatic layoff at General Motors, consisting of a single individual...The company's CEO, Rick Wagoner. Read More
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