Netflix to give workers with babies a year of paid leave

SAN FRANCISCO (AP) — Netflix is giving new parents on its payroll up to a year of paid leave in a move that could pressure other technology employers to improve their baby benefits as they vie for talent. The employee benefit announced Tuesday on Netflix’s blog is generous even by the high standards of Silicon […]

Comcast speeding up its discounted Internet service

WASHINGTON (AP) — Comcast is speeding up and expanding a discounted Internet service that was created to get more low-income people online. Comcast created the program four years ago as a condition of government approval of its purchase of NBCUniversal. The service costs $10 a month, a quarter of Comcast’s promotional price for a slightly […]

Improving Black Business Prosperity in California (Video)

SACRAMENTO (CBM) – Recognizing the perpetual struggle for Black-owned businesses to survive in California, the Legislative Black Caucus convened an informational hearing with two Assembly business and jobs committees at the State Capitol recently to hear testimonies of established business owners and what it will take to improve their enterprises. “We need access to Capital,” expressed […]

Higher Minimum-Wage Proposals Gain Ground on Both Coasts

(AP) – The push for a higher minimum wage gained momentum on both sides of the country Wednesday, with New York embracing an eventual $15 an hour for the state’s 200,000 fast-food workers and the huge University of California system announcing the same raise for its employees. “How we support our workers and their families […]

Obama to announce high-speed Internet help for homes

WASHINGTON (AP) — President Barack Obama set a goal of bringing high-speed Internet to most schools by 2017. And on Wednesday, he’s going to Oklahoma to announce a new program — called ConnectHome — to help close the digital divide by bringing faster Internet to more people. Under the pilot program, the White House says […]

Minority Banks Shut Out of Federal Tax-Credit Program

(NNPA) – Minority-owned banks are crying foul about the federal government snubbing them for tax credits they say could generate economic development in the nation’s most needy communities. The Community Development Financial Institutions (CDFI) Fund, an arm of the Treasury Department, issued in June $3.5 billion in New Markets Tax Credit (NMTC) allocation to 76 entities […]

California clears hurdle for state-run retirement program

SACRAMENTO (AP) — California can proceed with setting up a state-run savings program for private-sector workers who don’t have access to retirement plans at work, under a rule change ordered by President Barack Obama on Monday. The president directed the U.S. Labor Department to make administrative changes by the end of the year that will […]

HUD Announces New Rule to Combat Housing Discrimination

(NNPA) – The U.S. Department of Housing and Urban Development recently released a new rule to assist the department’s grantees in meeting their anti-segregation and anti-discrimination mandates. Under the Fair Housing Act of 1968, HUD and its program participants are not only barred from discrimination based on race, color,national origin, religion, sex, disability or familial status, […]

Advocate Helps Californians Keep Homes

SACRAMENTO – Homeownership is a large part of the American Dream, but after being hit hard by an economic downturn, many in California saw their “home sweet home” experience turn sour. A local woman, however, is playing a key role in helping owners keep their keys. Tia Boatman Patterson serves as Executive Director of the […]

California court rules for city in affordable housing fight

SAN FRANCISCO (AP) — California cities have broad authority to require builders to include a percentage of affordable housing in new projects, the state Supreme Court ruled Monday. The decision keeps intact affordable housing requirements approved in more than 170 California cities, including San Francisco and communities in Silicon Valley, where skyrocketing housing prices have […]