Archive for the Cover Story Category
Recession has hit Blacks HARD
MEMPHIS — For two decades, Tyrone Banks was one of many African-Americans who saw his economic prospects brightening in this Mississippi River city.
A single father, he worked for FedEx and also as a custodian, built a handsome brick home, had a retirement account and put his eldest daughter through college.
Then the Great Recession rolled [...]
Cover Story: Brothers Make it Big With No Fear
ST. LOUIS, Missouri (CNN) — Michael and Steven Roberts didn’t have two quarters to rub together a couple of decades ago. Now, the two African-American business leaders estimate their holdings — from hotels to TV stations — are worth $1 billion. One St. Louis hotel they own once barred black people.
“Black folks need legacy. [...]
Minorities optimistic despite bad economy
The recession has delivered a disproportionate blow to blacks and Hispanics, yet minorities may be more optimistic about the economy than most Americans and many feel they have earned a place at the corporate table.
A pair of surveys released this week carried some hopeful signs for minorities, who in recent years have seen African-Americans occupy [...]
Blacks moving back to the South
By Manav Tanneeru
CNN
(CNN) — Anita Davenport’s curiosity about her family’s past began with the photographs that surrounded her. She said she wanted to know the stories behind the images of her parents and uncles.
The stories she found — and shared during several phone conversations from her home in Culver City, California — parallel the African-American [...]
The Fall of Detroit and the Black Middle Class
By JONATHAN MAHLER
The New York Times
The Pontiac Assembly Center in Pontiac, Mich., is a massive, low-slung structure of concrete and corrugated green steel that squats conspicuously among the many strip malls that line one of the city’s main thoroughfares, South Opdyke Road. Locals refer to the three-million-square-foot factory, which makes Chevrolet Silverado and GMC Sierra [...]
Reginald F. Lewis: An appreciation
Reginald F. Lewis Legacy Continues To Inspire
Peebles Recipient Of 2009 Award
By Douglas Harrington
Hamptons.com
East Hampton – The life and legacy of the late Reginald F. Lewis was celebrated in East Hampton on a perfect Saturday afternoon in June, as friends, family, colleagues and those that he inspired gathered at his ocean front estate to raise funds in [...]