Articles
Buying power report shows most spending on better lifestyle
Category: Business Written by NNPA News Service
(NNPA)—Black consumers are responding to tighter economic conditions by focusing more of their spending on products and services that improve their homes and lifestyle. That’s one of the trends revealed in the 15th annual report, “The Buying Power of Black America,” published by Target Market News.
Last Updated on Monday, 03 December 2012 19:20
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Business Calendar
Category: Business Written by Courier Newsroom
Spring job fair
MARCH 17—The Community College of Allegheny County will host a Spring Job Fair from 9:30 a.m.-1:30 p.m. at the Boyce Campus Student Services Center, 2nd floor, 808 Ridge Ave., North Side. Attendees should dress to impress and bring several copies of their resume. For more information, call 412-237-2545.
Last Updated on Monday, 03 December 2012 19:20
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Jim Crow in Silicon Valley is exposed
Category: Business Written by Harry C. Alford
(NNPA)—This is the age of high technology. IT companies are leading the way in job growth and high paying jobs as the world does business at the speed of thought. No place else in the world concentrates in this industry better than the Silicon Valley of California (Palo Alto-San Jose area). So with California having a minority population of 52 percent, logic would dictate that this is a place of much diversity and opportunity for Blacks and Hispanics. Sadly, that, according to investigative reporting from the San Jose Mercury News, is not the case. This industry in this location is probably the most segregated and discriminatory place in the United States. The hiring and training by companies like Google, Apple, Yahoo, Oracle, Applied Materials, Hewlett Packard, Cisco and others are acting more like the Ku Klux Klan than a good corporate citizen.
Last Updated on Monday, 03 December 2012 19:20
Hits: 4470
Suppliers town hall meeting full of information
Category: Business Written by Diane I. Daniels
With a special emphasis to help MBEs and corporations focus on the threats and opportunities they will face in 2010, to “adjust their headsets” and provide specific steps to take to grow their businesses, the affiliate of the National Minority Supplier Development Council hosted the event themed—“New Beginnings…Positioning for Success” Feb. 24 at the CCAC Student Services Center Auditorium. Sponsors included CCAC, PNC and RRI Energy, Inc.
Last Updated on Monday, 03 December 2012 19:20
Hits: 4306
The ‘real deal’ on real estate investing
Category: Business Written by Damon Carr
We’re all seeking the American Dream. For most of us the American Dream is incomplete without either one of two things, homeownership and/or the ability to own your own business. Real estate investing seemingly allows you to take advantage of both. You’re awarded the coveted title of homeowner while at the same time you create a source of income from your income producing real estate property. I’ve heard it stated many times that real estate is one of the great pillars of wealth.
I once heard a real estate investment speaker state that real estate has made more average people millionaires than any other industry. I don’t know the validity of his statement but I do know that millionaire status via real estate investing can often be misleading. It looks good on a balance sheet when your assets minus liability calculation suggest that you’re a millionaire—but are you liquid? Can you easily access your wealth from real estate at a moment’s notice without making price concessions or reducing your equity position by taking out a loan?
Last Updated on Monday, 03 December 2012 19:20
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