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 […]

Black Unemployment Rises to 12.1 Percent

Rep. John Conyers wants emphasis on job creation (NNPA Photo by Freddie Allen)

WASHINGTON – The Black unemployment rate increased from 11.9 percent in December to 12.1 percent in January, according the Department of Labor’s latest monthly report. At 12.1 percent the Black unemployment rate is nearly double the national unemployment rate of 6.6 percent. The unemployment rate for Black men over 20 years old jumped from 11.5 […]

Kings Become First Pro Sports Team to Stream Live via Google Glass

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SACRAMENTO – The Sacramento Kings announced they have teamed up with Silicon Valley software company CrowdOptic to broadcast Google Glass views live during home games on the jumbotron inside Sleep Train Arena, making the team the first in professional sports to employ the technology. The first Google Glass broadcast will be shown during the Kings’ […]

Wealth Gap: A Guide To What It Is, Why It Matters

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WASHINGTON – From the White House to the Vatican to the business elite in Davos, Switzerland, one issue keeps seizing the agenda: the growing gap between the very wealthy and everyone else. It’s “the defining challenge of our time,” says President Barack Obama, who will spotlight the issue in his State of the Union address […]

Proposed Tobacco Settlement Excludes Black Media

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WASHINGTON – The U.S. Justice Department and the Tobacco-Free Kids Action Fund have reached an agreement with the four major tobacco companies that requires them to spend more than $30 million advertising with the three major television networks and run full-page ads in 35 White and Hispanic newspapers as well as purchasing space on their […]