Category: Business Written by Associated Press
WILLIAM WINKENWERDER JR.
by Marc Levy
Associated Press Writer
HARRISBURG, Pa. (AP) — Health insurance giant Highmark Inc. received conditional approval Monday from Pennsylvania regulators to take over the financially troubled West Penn Allegheny Health System as part of its plan to compete with UPMC, western Pennsylvania's dominant network, for patients and their health care dollars.
Last Updated on Monday, 29 April 2013 18:53
Category: Business Written by Cheryl Pearson-McNeil
Depending on the day, what you’re reading or who you’re listening to, the economy is either still in the tank, in recovery, getting worse or is on the upswing. Whatever the fluctuating state of the American economy, money is being spent. And, guess what, ladies? The economic oil that keeps the wheels and workings of our world turning is largely controlled by us.
Last Updated on Sunday, 28 April 2013 20:12
Category: Business Written by Damon Carr
Comedian Earthquake said, “Being in debt is worse than being broke. When you’re broke, you simply need money. When you’re in debt, you need money so that you can have an opportunity to be broke.” Comedian Jimmy “JJ” Walker said, “Interest rates better go down soon or the murder rate is going to go up.”
Americans are drowning in debt! In the past when people found themselves in a financial jam, they’d tap into the equity of their home to do a debt consolidation. If the situation was extremely dire, they’d file bankruptcy. Now that mortgage lenders and the bankruptcy code have tightened up their guidelines, millions of people are running out of viable options that would allow them to reduce their monthly payments and get a better handle on their money.
Last Updated on Thursday, 25 April 2013 10:14
Category: Business Written by Diane I. Daniels
READY FOR BUSINESS—Rae Coleman owner of Enhanced Creativity (center) and staff Eric Toal and Draone Council await the attendees of the My Fair Lady Edition Brunch.
“You dream it, we deliver,” is the motto of Enhanced Creativity, an event planning company owned and operated by Rae Coleman. Since 2010 she has focused on ethnic event planning and wedding services specializing in African-American, Yoruba, Jewish, Indian, Trinidad, traditional and same-sex matrimony ceremonies. A full service event planning business, Enhanced Creativity offers guidance and support in every stage of any event they are hired to organize. “Our intent is to create each event to be a perfect memory that will make clients smiles last forever,” said Coleman.
Cautious that every religion has its own wedding customs, Coleman says she and her staff are abreast of traditions. As an example she pointed out that for African-American weddings they are able to incorporate libation, jumping the broom, tying the knot, tasting the four elements and Kola Nuts.
More than just a wedding planner, Coleman classifies her business as, specializing in community, cultural, educational and unique events. She creates floral designs and produces customized gifts of all kinds.
Still reflecting on her last affair, Coleman says her desires are to help people, to expose her audience to uniqueness and to educate. Earlier in April she sponsored the My Fair Lady Health and Awareness Edition Brunch at the Pittsburgh Athletic Association. Benefiting the Lupus Foundation of Pennsylvania, the afternoon consisted of speakers talking about the importance of taking time out for self, the benefits of massage therapy, the environmental responsibilities of using natural skincare products, wellness and general information on Lupus. There also were a variety of exhibitors and brunch.
Last Updated on Thursday, 25 April 2013 10:16
Category: Business Written by Courier Newsroom
MARK A. PARKS JR.
Cleveland, OH (BlackNews.com) -- In an unprecedented move, Ohio swore in its first African-American County Treasurer. Mark A. Parks Jr. took the oath of office on March 27th, 2013, from Cuyahoga County Executive Ed Fitzgerald before a group of 11 council members and community supporters.
"Mark continually demonstrates his value to county government with his wide ranging experience and effective management in a variety of areas. His experience, professionalism and knowledge in financial management are a true asset for Cuyahoga County and its citizens. He is one of our very best," said Cuyahoga County Executive Ed Fitzgerald.
Parks served as the interim Cuyahoga County Treasurer since mid-December, 2012. His appointment began one month prior to him taking the oath. He is the first African-American county Treasurer in any county in Ohio. His responsibilities include managing the billion dollar investment portfolio for Cuyahoga County, collecting its property taxes and distributing funds to municipalities.
Congresswoman Marcia L. Fudge said that it is outstanding that Cuyahoga County is leading the state in diversity and inclusion. "Mr. Parks is well-qualified and will do a great job. I hope it will set the stage for the country to follow the lead of Cuyahoga County," continued Fudge.
For more than two years, Parks was the Council President for Orange Village and has served as Chairman of the finance committee for more than six years. He also served as the Director of special projects. He counted among his duties: assisting the Chief Fiscal Officer and serving as Controller for the fiscal office.
"Of course it's satisfying to make history," offered Parks, "but even more satisfying is knowing that County Executive FitzGerald made his decision solely on me being the best qualified for the position. I am really looking forward to making the Cuyahoga County Treasurer's Office a model for all others to emulate."
Parks received the Dr. David C. Sweet, Distinguished Elected Official award in 2010 from the Maxine Goodman Levin School of Urban Affairs at Cleveland State University for his commitment to regionalism.
"Mark has the training, experience, and drive to get the job done as the County Treasurer," said Cuyahoga County Deputy Chief of Staff Operations, Sharon Cole. "Now that he has been appointed, he will simply continue the great work he has been doing for the residents of Cuyahoga County."
A Certified Public Accountant, Parks received a BA in Accounting from Baldwin-Wallace University and a Masters in Business Administration from The University of Phoenix. He is a member of the regional advisory committee for Ohio Auditor David Yost, the endowment fund committee of Lander Circle Kiwanis, the Cuyahoga County Transition Committee, Omega Psi Phi Fraternity and the Shaw High School Alumni Association.
He has served on several boards including Continue Life, Inc., the National Black MBA Association and Community United Headstart.
"I am excited about the opportunity for him," said Congresswoman Fudge about Parks' appointment. "I know he will be excellent. It is well deserved."
Parks and wife Connie have two sons, Mark III., and Charles.
Last Updated on Wednesday, 24 April 2013 21:31
Digital Daily Signup
Sign up now for the New Pittsburgh Courier Digital Daily newsletter!