California ballot measure blamed for shoplifting jump

ROCKLIN, Calif. (AP) — Perry Lutz says his struggle to survive as a small businessman became a lot harder after California voters reduced theft penalties 1½ years ago. About a half-dozen times this year, shoplifters have stolen expensive drones or another of the remote-controlled toys he sells in HobbyTown USA, a small shop in Rocklin, […]

Banking woes easing for some legal pot businesses

SALEM, Ore. (AP) — In a once-empty office in Oregon’s Department of Revenue headquarters, officials have created a mini-fortress. Recently hired workers sit behind bulletproof glass at a window inaccessible to the public. Police officers brought out of retirement roam the building with handguns on their hips. Security cameras monitor the hallways. The changes, paid […]

City of Sacramento, Sierra Health Foundation & Sac Black Chamber partner in survey of Black owned businesses

(SACRAMENTO) – In the mid to late 1990s through State Proposition 209 it became unnecessary to collect data on minority and women owned businesses and as a result it’s become increasingly difficult to determine who those businesses are, where they are and what their needs are. The Sacramento Black Chamber of Commerce in partnership with […]

California’s $15/hour wage could help workers, cost jobs

SACRAMENTO (AP) — A political deal to raise California’s minimum wage to a nation-leading $15 an hour could help some workers cope with the state’s crushing cost of living but also deprive other low-wage earners of jobs altogether, economists said as Gov. Jerry Brown and other leaders touted what would be a landmark agreement. California’s […]

GoBiz Overlooks Connecting With State Black Chamber

(CBM) – Last Tuesday, the California Assembly Committee on Jobs, Economic Development and the Economy held an oversight hearing on the Governor’s Office of Business and Economic Development, also known as GoBiz. According to the committee agenda, five years have passed since the office was created. Lawmakers were eager to hear progress. While many presenters […]

Landlords And Small Biz Push Sacramento for Legislation Against Lawsuit Abuse

SACRAMENTO (CBM) – Patricia Douglas, an African-American real estate business owner from Inglewood, came to Sacramento last week with over 200 other small business owners to urging lawmakers to offer them some relief from what they describe as lawsuit abuse. “I came to Sacramento to speak with members in the legislature to share what I […]

Blacks Locked out of CA Housing Market, Study Finds

(CBM) – In 2015, California had the third-lowest homeownership rate in the nation, according to the United States Census Bureau. More than 1.2 million Californians foreclosed on their homes during the Great Recession and until today are still experiencing the impact of those losses. The Inland Empire and Central Valley have been the slowest-recovering cities. […]

Wall Street Project Seeks to Close Opportunity Gaps in Business

(NNPA) – For Chicago-based investor and philanthropist John Rogers, the Rainbow PUSH Coalition’s annual Wall Street Project in New York City is a must-attend event. The three days of seminars and speeches in the Big Apple every winter is a chance for Rogers, the son of a Tuskegee Airman, and other African American businessmen and women […]

Why is gas so expensive in California? Taxes, regulations & possibly price gouging

SACRAMENTO, Calif. (AP) — Gouging by oil companies could be one reason California drivers pay about 76 cents more for a gallon of regular gas than motorists elsewhere in the nation, a state government panel was told Monday. Fuel experts and consumer advocates also told the Petroleum Market Advisory Committee that a high state gas […]

Toyota Wins Big at 1st Annual Diversity Volume Leadership Awards

(NNPA) – Toyota demonstrated their commitment to reach minority consumers, winning 10 out of 20 top honors during the Diversity Volume Leadership (DVL) Awards in Detroit, Mich., a few days before the North American International Auto Show opened to the public. The awards were determined based on new vehicle registration data collected from October 2014 […]