Apple Looking To Buy Dr. Dre’s Beats For $3.2B

Hip-Hop Pioneer Dr. Dre to Be Honored at 23rd Annual ASCAP Rhythm & Soul Music Awards

SAN FRANCISCO — Apple is orchestrating a $3.2 billion acquisition of Beats Electronics, the headphone maker and music streaming distributor founded by hip-hop star Dr. Dre and record producer Jimmy Iovine, according to a published report. Citing people familiar with the negotiations, The Financial Times says Apple could announce the deal as early as next […]

CHARLENE CROWELL: Time to End Predatory Career College Loans

Charlene Crowell - NNPA Columnist

OPINION – Are you tired of complaining to family and friends about things you feel powerless to change? Or, as college costs continue to climb and student loan debts increase, do you or someone you know feel helpless that your opinion could make a positive change? If you answered yes, know that the federal government […]

Black Unemployment Dips to 5-Year Low

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WASHINGTON – The Black unemployment rate fell to 11.6 percent in April, the lowest mark since President Barack Obama took his office in January 2009, according to the Labor Department’s latest jobs report. In January 2009, the Black jobless rate was 12.7 percent. The last time the Black unemployment rate dipped below 12 percent was […]

Kings Construction Outreach Meeting to Be Held at City Hall

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SACRAMENTO — The Sacramento Kings will conduct their second outreach meeting for construction opportunities with the new Entertainment and Sports Center (ESC), on May 1 in the City Hall Council Chambers. The meeting, that starts at 5:00 p.m., will focus on foundations and structure bid packages, as well as upcoming bid packages. The event is […]

Bill Seeks to Reduce Growing Corporate Wage Gap

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SACRAMENTO – A California effort to lead a national debate over the growing wage gap between CEOs and average workers took its first step in the state Legislature on Thursday with support from Democratic lawmakers, organized labor and former U.S. Labor Secretary Robert Reich. Reich said the bill would reward “responsible” companies with lower tax […]

4-year Prison Term in Calif. Mortgage Fraud Scheme

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SACRAMENTO – A 39-year-old Northern California man connected to a wide-ranging mortgage-lending scheme has been sentenced to 4 ½ years in prison. The Sacramento Bee reports Johnny “Jay” Grivette Jr. was also ordered Tuesday to pay more than $4 million in restitution to a list of lending institutions. Grivette’s Advantage Financial Partners of California was […]

Gas Prices May Jump From California Emissions Law

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SAN FRANCISCO – California’s greenhouse gas reduction law already has shaken up the state’s industrial sector, costing it more than $1.5 billion in pollution permit fees. It’s now poised to hit the pocketbooks of everyday Californians. Starting next year, the law will force fuel distributors into the same cap-and-trade marketplace as utilities and major manufacturers. […]

California’s Largest Banks Spend Little Money With Minority Owned Businesses

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SAN FRANCISCO — California’s largest banks buy few goods and services from minority-owned businesses, reports a new study from The Greenlining Institute, released this week. In a state where people of color make up 60 percent of the population, banks obtained less than eight percent of the goods and services they procured in 2012 from […]

Contractor Outreach Meetings Announced for New Arena

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NORTH NATOMAS — The Sacramento Kings and Turner Construction announced the 2014 calendar of outreach meetings for construction opportunities with the new Entertainment and Sports Center (ESC). The goal of these meetings is to educate and assist contractors interested in competing for the estimated nearly $300 million in construction work needed to build the new ESC. […]

Mixed Institute of Cosmetology Offers Options

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SOUTH SACRAMENTO — Salon owners from four different African American hair shops across Sacramento region have joined together to form Mixed Institute of Cosmetology, a new school located at 5950 Florin Road. Mixed Institute is currently enrolling for classes beginning Feb. 25. Mixed, which stands for Multicultural, Innovative, Cutting Education, seeks to provide students with […]