money

Sep 14 2012

One suspect still at large

SAN FERNANDO, Calif.—Prosecutors were preparing charges today against three men accused of robbing a Bank of America branch in Canyon Country and leading sheriff’s deputies on a wild chase in which stolen money was tossed from the windows of an SUV in South Los Angeles.

Phillip Nathaniel Ely, 29; Lavelle Lee Mosley, 22; and Terion Lamarr Collins, 25, were expected to be arraigned this afternoon in San Fernando Superior Court, according to the District Attorney’s Office.

A fourth man was still being sought.

Cynthia E. Griffin-  |   OW Managing Editor
Dec 29 2011

Stores to fund nonprofits

The Los Angeles Urban League and the Harlem-based Abyssinian Development Corp. announced this year that for a three-year period, Starbucks will donate a minimum of $100,000 out of the profits from two of its stores to each of the nonprofit groups for use to help bolster programs in the communities the organizations serve.

In Los Angeles, the bustling Starbucks at Crenshaw Boulevard and Coliseum Street will serve as the focal point, and a location at 125th Street and Lenox Avenue in New York will support Abyssinian.

Aug 10 2011

Spent money outside voter-approved guidelines

LOS ANGELES, Calif.—The Los Angeles Community College District mismanaged more than $140 million in bond funds by failing to keep proper records, spending money outside voter-approved guidelines and ignoring its own procurement rules, according to a state audit released today.

Aug 9 2011

Lowell Milken Institute for Business Law and Policy

LOS ANGELES, Calif.—Lowell Milken gave UCLA’s law school $10 million, putting it ahead of schedule in raising $100 million over five years, it was announced today.

The fundraising drive was started in 2008 to benefit student scholarships, attract and retain faculty and to support centers and institutes that inform law and public policy. The gift from Milken, the biggest in the law school’s history, will be used to start the Lowell Milken Institute for Business Law and Policy.

Terri Schichenmeyer  |   OW Contributor
Aug 4 2011

Author: Ryan C. Mack

You’ve learned your lesson.

In the past four years, you’ve learned that you can’t spend frivolously. You can’t use credit unwisely, there’s no “wiggle room” on bill-paying, and the only way to face your future is to put money back into your own pocket with savings and investments.

Across Black America

Here’s a look at African American people and issues making headlines throughout the country.

California
San Diego college students and volunteers will carry out their sixth home restoration project on Wednesday, July 10 through Sunday, July 14. as part of the “Healing our Heroes’ Homes” (H3) program created by the nonprofit Embrace. The five-day effort will take place at the home of medically retired Marine Corps Capt. Sarah Bettencourt. Bettencourt served with many different units across the country during the Global War on Terrorism and developed a rare neurological disorder in 2008. With a focus to restore the homes of disabled veteran homeowners, H3 falls in line with Embrace’s mission to mobilize college-student volunteers and community members to serve less fortunate members of civilian and veteran communities. The project for the Bettencourts’ home includes kitchen and bathroom remodeling, building ADA-compliant disability ramps, widening their driveway to ADA standards, widening doorways and landscaping.
 
District of Columbia
The 2013 Smithsonian Folklife Festival will showcase its five-year community research project on African American identity with the program “The Will to Adorn: African American Diversity, Style, and Identity.” This multicity collaboration examines the history and culture of the aesthetics of African Americans. The festival will be held June 26-30 and July 3-7, outdoors on the National Mall between Seventh and 14th streets. “Whether we realize it or not, we are all dress artists. The way we compose our look is a creative expression of our ideas about who we are and who we aspire to be,” said Diana N’Diaye, program curator. “This program explores the diversity of African American traditions of style, but also teaches young people the importance of documenting their own culture and saving that information for themselves and future generations.”