City of Sacramento Offers Multiple Youth Employment Opportunities

SACRAMENTO – The City of Sacramento has several opportunities for area youth looking for employment. District Eight City Councilmember Larry Carr and City of Sacramento Neighborhood Services join together on Saturday, April 1 to present the 2017 Youth Job & Resource Fair. The event is aimed at young people ages 16-24 and will be held […]

Proposed Tax On Services Could Hurt Small Business Owners

(CBM) – A proposed state bill designed to restructure California’s tax system could end up hurting small businesses. Senate Bill 640, which was introduced by State Sen. Robert M. Hertzberg (D-Los Angeles,) would raise taxes on services such as haircuts, and beauty shop and veterinary visits. According to the bill, the funds raised would also […]

Wells Fargo Commits $60 Billion to Increase Black Homeownership

(NNPA) – Wells Fargo & Company has set aside a staggering $60 billion to lend to at least 250,000 black homeowners by the year 2027. Metropolitan Atlanta’s second-largest bank also pledged to increase the diversity of its home lending sales team and spend another $15 million to give financial education and counseling over the next […]

Goldman Sach’s Small Business Program Alumni Create Jobs, Increase Revenue

LOS ANGELES (NNPA) — Eight hundred Southern California businesses have joined thousands of entrepreneurs across the country in an initiative to create jobs. The business owners are participants in Goldman Sachs 10,000 Small Businesses, a scholarship-based program that convenes them to learn critical business skills and create growth plans for their companies. Just one of […]

California looks to build $7 billion legal pot economy

SACRAMENTO, Calif. (AP) — The future of California’s legal marijuana industry is being shaped in a warren of cubicles tucked inside a retired basketball arena, where a garden of paper cannabis leaves sprouts on file cabinets and a burlap sack advertising “USA Home Grown” dangles from a wall. Here, in the outskirts of Sacramento, a […]

Appeals court to decide future of California carbon auctions

SACRAMENTO, Calif. (AP) — Businesses looking to invalidate California’s fee for carbon pollution took their arguments to a state appeals court Tuesday in a case that could determine the future of one of California’s signature efforts to combat climate change. With a central piece of Gov. Jerry Brown’s legacy on the line, lawyers for the […]

California Tells Uber to Stop Rides in Self-Driving Cars

(AP) – Hours after Uber began picking up San Francisco passengers in self-driving cars Wednesday, California regulators warned the ride-hailing company to stop immediately and get a special state permit — or face legal action. Uber launched its public pilot program in the morning. By midafternoon, the California Department of Motor Vehicles sent the company […]

The Black Unemployment Rate is Double What Whites Experience

(NNPA) – Black workers lost ground last month, as the unemployment rate increased from 8.3 percent in September to 8.6 percent in October, according to the latest jobs report from the Labor Department. October was a bad month for Black workers, in general. Not only did the share of Black workers in the labor force […]

Attorney general leads criminal probe of Wells Fargo bank

SACRAMENTO, Calif. (AP) — California’s attorney general is conducting a criminal investigation into whether employees at San Francisco-based Wells Fargo bank stole customers’ identities in the sales practices scandal that rocked the bank and cost its CEO his job, documents released Wednesday show. A search warrant and supporting affidavit released by the state Department of […]

Governor to approve state-run retirement for private workers

SACRAMENTO, Calif. (AP) — Gov. Jerry Brown is scheduled to sign legislation Thursday to automatically enroll nearly 7 million people in a retirement savings account, an attempt to address growing fears that many workers will be financially unprepared to retire. The legislation creates a state-run retirement program for workers who don’t have an employer-sponsored plan, […]