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In the News: Sears Holdings to Close 100-120 Stores; Forgotten Black WWII Veteran Recognized and More

A few noteworthy headlines around the Web

See what’s going on in the world with today’s compilation of news around the Web

By BlackEnterprise.com

Posted: December 27, 2011 Tags: , , , , , , , , , , ,
It's a week before the Iowa Caucus (Jan. 3) and details are sorely missing from the proposed policies by the 2012 Republican presidential primary field. The GOP candidates are eager to point fingers at President Obama and what they view as his failures on the economic front. “When it comes to economic policy, there's a Chinese wall between President Obama’s economic policy proposals and those of the Republican candidate,” says Georgia Tech economist Thomas Boston. “The primary difference is that the president has proposed comprehensive economic policy, while no Republican candidate has.” This is not to say that Obama has all of the answers, however. “What's missing from the president's proposals are checks and balances to guarantee that the benefits of his proposals filter down to African-Americans,” Boston adds. “In the final analysis, there's no question that economic policies Obama proposes are better than those offered by Republican candidates. At the same time, there's significant room for improvement.” Here's a hard look at the candidates.—Joyce Jones

Iowa Caucus 2012: The Candidates’ Positions on the 4 Main Issues

With less than a week before the launch of primary season with the Iowa Caucus,…

By Joyce Jones

Posted: December 27, 2011 Tags: , , , , , , , , ,
Rihanna-300x232

When The N-Word Comes Home to Roost

A Dutch fashion mag's racist slur against singer Rihanna shows that racism is still one of America's biggest exports

The worst thing about Dutch fashion mag Jackie’s racist slur against Rihanna? Basic, good journalism…

By Alfred Edmond, Jr.

Posted: December 23, 2011 Tags: , , , , , , , , , , , , ,
President Obama has established the $13 million i6 Challenge competition and put up $33 million in grants for the Jobs & Innovation Accelerator Challenge program. Teams taking part in the i6 challenge can win up to $7 million for ideas that can be developed into scalable “green” product and service offerings, creating more jobs and boosting our nation’s competitiveness. Urban and rural entrepreneurs can team up in “clusters” to win grant dollars through the Accelerator challenge for business ideas that will create jobs. (Source: U.S. Economic Development Administration)

In the News: Fewest Layoffs Since 2008; Congressman Calls Michelle Obama’s Posterior ‘Large’ and More

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By Sade K. Muhammad

Posted: December 22, 2011 Tags: , , , , , , , , , , ,
Strong historical cash flows. A banker will first look at your income statement and bottom line, add back a few things that are fairly essential to the cash flow analysis, such as depreciation, which is a non-cash expense. They’ll use the business’ interest expense to come up with just a rudimentary cash flow number. “That’s important because bankers just want to have an idea of your capacity to repay their loan,” says Dillon. “So, the basic equation in a bankers mind is, ‘this is how much it’s going to cost for them to repay my loan.’”

In the News: BofA Settles Claims for $335 Million; Actor Graham Brown Dies and More

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By Sade K. Muhammad

Posted: December 21, 2011 Tags: , , , , , , , , , ,
(Image: File)

In the News: Beyonce’s Parents Officially Call It Quits; Ralph MacDonald Dies and More

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By Sade K. Muhammad

Posted: December 19, 2011 Tags: , , , , , , , , , , , , ,
(Image: Thinkstock)

In the News: Former NBA Security Director Sues the League; Heart & Soul Plans to Re-emerge and More

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By Sade K. Muhammad

Posted: December 16, 2011 Tags: , , , , , , , , ,
US President Barack Obama (R) greets tro

Obama Ends Iraq War But Battle Still Rages At Home

Commander-In-Chief gets hit with political bombs from GOP over decision while he fights for opportunities for vets

President Obama ended the Iraq War but the troubled economy and unemployment rate leaves veterans…

By Derek T. Dingle

Posted: December 15, 2011 Tags: , , , , , , , , , , , , , , , , , ,
(Image: Whitehouse.gov)

U.S. War in Iraq Officially Over

The quiet flag ceremony marked the end of a nearly nine year war

Nearly nine years after President George W. Bush launched an invasion to overthrow former Iraqi…

By BlackEnterprise.com

Posted: December 15, 2011 Tags: , , , , , ,
The Help movie poster

In the News: ‘The Help’ Leads SAG Award Noms; Romney Using KKK Slogan and More

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By Sade K. Muhammad

Posted: December 14, 2011 Tags: , , , , , , , , , ,
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