Archive for the ‘Business as Unusual’ Category

Sony Pictures is reportedly paying close to $60 million to AEG Entertainment for the 80 hours of Michael Jackson’s “This Is It” concert rehearsal footage. Before the icon’s sudden death on June 25, the 50-night concert was set to begin this month in London at the O2 arena. Sony is planning to release a film […]


Bernard Madoff, the grand Ponzi schemer of all time who bilked investors out of $50 billion, is all over the headlines again after being sentenced today to 150 years behind bars, but there once was another financial adviser who stole millions from his investors, some of them former NFL players. Kirk Wright, a Harvard-educated hedge fund […]


The BBC is reporting that Royal Dutch Shell has agreed to pay $15.5 million as an out-of-court settlement in a case brought by the families of nine Nigerian executed anti-oil activists, accusing the company of human rights abuses, including murder and torture. The activists, who were protesting the pollution caused by the oil industry and also […]


Buying Black

01Jun09

John & Maggie Anderson with daughters Cori and Cora on the cover of N’Digo John and Maggie Anderson, an accomplished Black couple in Chicago, are conducting an experiment — an experiment to determine how the Black community will be impacted if the Andersons only purchase goods and services from Black-owned businesses. You can learn more […]


Xerox chief Anne Mulcahy, who is credited with saving the company from bankruptcy, announced Thursday she’s stepping down as CEO, but will stay on as chairwoman. Her handpicked successor is Ursula Burns, 50, an African-American woman who is a 30-year Xerox veteran. She’s worked right alongside Mulcahy to reinvent Xerox,  managing corporate strategy, IT, human resources, and global accounts […]


When former Detroit Mayor Kwame Kilpatrick was forced out of office in the aftermath of a text messaging scandal, City Council President Ken Cockrel stepped in as interim mayor. The city later decided to hold a special election to elect someone to finish out the last eight months of Kilpatrick’s second four-year term, which ends […]


FICO, the company that determines credit-worthiness through a special scoring methodology, has developed a new web site, just this month, to help Americans understand new guidelines for mortgage refinancing and modification. Visit http://www.MortgageReliefOnline.com for more information. Keep your home.