Archive for the ‘Economy’ Category

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 […]


According to the BBC: The military in Nigeria has been accused of killing 1,000 civilians during an upsurge in operations against militants in the oil-rich Niger Delta. ‘They…bombard entire communities from the air, sea and land,’ said the Ijaw National Congress which represents the region’s largest ethnic group. A Nigerian military spokesman dismissed the allegations […]


We have the New York Times to thank for exposing the everyday challenges faced by impoverished Senegalese people, who use garbage to “fortify” their homes and streets. In the Médina Gounass neighborhood of Guédiawaye, “people use it [garbage] to shore up their flood-prone houses and streets in this low-lying area near the Atlantic coast; they have no choice. […]


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.


President Obama pledged yesterday to help consumers caught between a credit card and a hard place by creating a credit-card law that does away with sudden and huge rate increases, exorbitant late fees, and confusing fine print. “I trust that those in the industry who want to act responsibly will engage with us in a constructive […]


According to a Washington Post/ABC News poll conducted March 26 – 29, 2009, 66% of Americans approve of President Obama’s handling of his new job. Twenty-nine percent disapprove of the president. Although only 42% believe the country is headed in the right direction, that’s a huge increase in confidence — just 16% believed we were headed […]