Business

Clothing chain settles discrimination lawsuit

Wednesday, May 15, 2013

Wet Seal has agreed to settle a national class action lawsuit filed by plaintiffs represented by the NAACP Legal Defense and Educational Fund and co-counsel. Cogdell v. The Wet Seal, Inc. charged that former top executives directed senior managers to get rid of black store management employees for the sake of its “brand image” and to hire more white

Duke’s Fuqua takes first place in competition

Wednesday, May 15, 2013

FAIRFAX, Va. – Two second-year MBA candidates from the Fuqua School of Business at Duke took first place in the Executive Leadership Foundation's 2013 Business Case Competition, which focused on developing workforce talent with skills in science, technology, engineering and math disciplines. Duke was one of three finalist teams competing for $70,000 in

Former Tar Heel turned successful businessman

Thursday, May 9, 2013

Donnell Thompson has had a long and storied career that has taken him from Indiana to North Carolina, and from running an NFL field to running a chain of restaurants and hotels. The Lumberton native was a first-round draft pick right out of UNC-Chapel Hill for the Indianapolis Colts, and he played for 11 seasons as a defensive end. After his time in the

Black America’s spending shifts

Wednesday, May 8, 2013

According to the data found in a new report, “The Buying Power of Black America,” black consumers have shifted their priorities and preferences. With the nation slowly recovering from recession, businesses need to develop strategies for regaining and increasing their share in the black economy. Black consumers now represent the margin of profitability in

Estate planning 101: Forcing a property co-owner to sell

Wednesday, May 8, 2013

Our lives are constantly changing, which in turn changes our plans, our goals and our commitments. Dissension among heirs can arise when two or more family members (usually siblings or cousins) inherit a piece of real estate, and those life changes affect the new owners’ plans for the property. If there is a dispute about holding or selling the property,

Blacks lag in family wealth

Wednesday, May 8, 2013

According to a new research report, America’s racial wealth gaps will persist until public policy reforms provide every family the opportunity to build wealth. “Less than Equal: Racial Disparities in Wealth Accumulation” from the Urban Institute’s Opportunity and Ownership project analyzed data and trends from 1983-2010. Over these years, the average

New product helps get rid of razor bumps

Wednesday, May 1, 2013

PHOENIX, Ariz. – BumpeFace, LLC introduces a new product that helps eliminate razor bumps, and prevents ingrown hairs on your face, neck, legs, bikini line and underarms. BumpeFace Razor Bump Fighter is designed for men and women who encounter the problem commonly known as Pseudofolliculitis Barbae – irritation of the skin caused by shaving that leads to

Toyota unveils 2013 Avalon

Wednesday, April 24, 2013

Toyota recently unveiled its 2013 Avalon at a press tour in Cincinnati. The event not only provided the traveling media with a look at the newly designed vehicle, but also an inside look at the company that builds it and its strong commitment to diversity. Billed as a luxury car without the luxury price tag, the Avalon is sure to be a favorite among the