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Credit card debt falls to $850 billion, delinquencies lowest since 1994

In a recent report to Congress, the Board of Governors of the Federal Reserve System shared the progress accomplished in lowering the nation’s credit card debt. By the end of 2012, cardholder debt was lowered to $850 billion, a significant ...

Fashion on Wheels: rolling along for 40 years

Any business owner worth his or her salt knows that—especially in bad economic times—one may have to make hard decisions for the success of their business. Catherine Taylor, owner of Fashion on Wheels, is no different.

UPS cuts insurance to 15,000 spouses, blames Obamacare

United Parcel Service is planning to drop 15,000 workers’ spouses from its health insurance plan, citing higher costs due to Obamacare.

Understanding a nonprofit’s values and mission

Board members with experience and connections in the private sector can help nonprofit organizations grow and think in new ways. And nonprofit service can help board members from the private sector to grow and think in new ways, too.

Black MBA Association to host business challenge

The National Black MBA Association (NBMBAA) annual NBMBAA Entrepreneurial Institute (EI) is accepting applications for its “Innovation Whiteboard Challenge,” to be held during the group’s 35th annual conference and exposition in Houston on Sept. 11, and the deadline to register ...

African Global Economic and Development Summit concludes

The 2013 African Global Economic and Development Summit (AGED), organized by Green Development Group and held on the campus at the University of Southern California this week, may have gone a long way to debunking myths surrounding doing business in ...

The Americas Business Forum: opportunities to grow business

The fifth annual The Americas Business Forum, which focuses on helping small and midsized California firms create jobs through exports, will be held Sept. 25-26 from 8:15 a.m.-5 p.m. at the UCLA Covel Commons.

Toyo Tires files unfair trade complaint with U.S. International Trade Commission

Orange County-based Toyo Tire Holdings of Americas Inc. and its affiliates today announced the filing of a formal unfair trade practices complaint before the United States International Trade Commission against 22 manufacturers, importers and sellers of passenger and light truck ...

Why 26 percent of U.S. women still choose not to work

Sixty years ago, American women began heading off to the workplace in droves. But in the last couple of decades, that trend has completely stalled out.

Affording a home harder for average buyer

Stagnant incomes, higher home prices and climbing mortgage rates made affording a home a lot more difficult for the average homebuyer during the second quarter.

Angry parents say J.C. Penney ad promotes bullying

J.C. Penney is coming under fire for a “back-to-school” ad that shoppers say promotes bullying and puts pressure on families.

BlackBerry is running out of options

BlackBerry is simply running out of options to save itself. The long-delayed Blackberry 10 operating system was meant to be the smartphone maker’s savior, but sales have sorely disappointed. That has prevented BlackBerry from resurrecting its once-dominant position in the ...

Murdock to take Dole private in $1.6 billion deal

Dole Food Co. Inc. chief executive David H. Murdock announced a deal today to acquire all outstanding shares of the Westlake Village-based publicly traded firm for $13.50 per share — a deal worth about $1.6 billion.

Workshops, seminars and conferences: blessing or curse?

Continuous training, education and exposure to new people and ideas can lead to continuous improvement, motivation, and engagement. Workshops, seminars and conferences add to the skill set and competency of nonprofit employees, executives, board members and volunteers.

Cassie’s Kitchen: taking mama’s dishes on the road

“Cooking for one another is how we show love.” That was how Tangie Gould-Temple, co-owner of Cassie’s Kitchen, an exclusive mobile food vending company, explains it.