Coca-Cola Executive Saunders Jones Retiring

Coca-Cola executive Ingrid Saunders Jones, shown here during a Jackie Robinson Foundation awards program, will retire from the company and the Coca-Cola Foundation on June 1 after 30 years of service. (Courtesy photo).

ATLANTA – Longtime activist and civic leader Ingrid Saunders Jones is retiring from Coca-Cola after 30 years of notable service with the company, officials announced this week. Jones, senior vice president of Global Community Connections and chair of the Coca-Cola Foundation, will retire on June 1. Former Atlanta City Council president and Grady Health Foundation […]

Calif. to Receive Larger Share of Mortgage Deal

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SACRAMENTO – California should receive at least $20.6 billion from a settlement with the nation’s major mortgage lenders, the largest share of any state and about $2 billion more than expected when the agreement to assist homeowners was announced last year, according to a report released Thursday. The money from five banks will help an […]

NAACP Calls Soda Ban An Attack on Minority Owned Businesses

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NEW YORK – As the controversy over Mayor Michael Bloomberg’s ban on large-sized sugary drinks continues, the New York NAACP has joined in the chorus against the ban and is backing a lawsuit saying that it’s an unfair attack on small, minority-owned businesses. Speaking on behalf of the chapter of the national civil rights organization, […]

JAMES CLINGMAN: Blackonomics, Blacks Moved to the Back of the Line – Again

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OPINION – Many of us have heard the saying, “If you’re White you’re all right; if you’re Yellow you’re fine and mellow; if you’re Brown, stick around; but if you’re Black get the h— on back.” Well, as Claud Anderson has said for years, “If Black folks didn’t get anything when we were in second […]

Fewer Americans Have Bad Credit

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ATLANTA – The number of consumers with subprime credit scores is shrinking across the country, according to new data from Equifax. The total number of consumers with Equifax credit scores below 620 fell 2.1%, or by about 1 million consumers, in the third quarter of 2012 versus the third quarter of 2011.  The overall share […]

US Consumer Confidence Plunges on Higher Taxes

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WASHINGTON — U.S. consumer confidence plunged in January to its lowest level in more than a year, reflecting higher Social Security taxes that left Americans with less take-home pay. The Conference Board said Tuesday that its consumer confidence index dropped to 58.6 in January. That’s down from a reading of 66.7 in December and the […]

Young Entrepreneurs to Participate in California’s First-Ever Business Plan Competition

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STATEWIDE – The first-ever California statewide business plan competition has officially launched. The competition is encouraging California’s young people, between the ages of 14 and 27, to write a business plan and compete to win a combined cash prize of $15,000. The competition has been branded as the “BEC Boost.” The BEC, an initiative of […]

Recession, Tech Kill Middle-Class Jobs

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NEW YORK  — Five years after the start of the Great Recession, the toll is terrifyingly clear: Millions of middle-class jobs have been lost in developed countries the world over. And the situation is even worse than it appears. Most of the jobs will never return, and millions more are likely to vanish as well, […]

How to Use Social Media for Job Searches

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NATIONWIDE – Most professional job searches these days are at least started on the Internet. Yes, the big job boards are worth trolling, but if you’re a serious job hunter, you need more information than just a job posting — you need to dig deeper to research and network before you blindly shoot off a […]

CHARLENE CROWELL: $8.5 Billion Agreement with Mortgage Servicers

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OPINION – The recent joint announcement by two key federal regulators believed a negotiated agreement with 10 mortgage servicing firms would help more than 3.8 million consumers who were wrongfully foreclosed during 2009 and 2010. Brokered by the Federal Reserve and the Office of the Comptroller of the Currency (OCC), mortgage servicing firms agreed to […]