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Robert L. Johnson Calls for Business Version of Rooney Rule
RLJ Companies chief Robert L. Johnson has offered a solution to addressing alarming unemployment rates in the black community, calling for the creation of a “RLJ Rule,” which would be modeled after the National Football League’s “Rooney Rule.” In an effort to engage the business community in addressing the inequitable unemployment rates for African Americans…
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Thousands Attend Troy Davis Funeral in Georgia
EURweb is reporting that thousands of people packed a church in Savannah, Ga., on Saturday for the funeral of Troy Davis, who was executed for the murder of a police officer in a case that drew world attention because of claims by his advocates that he was innocent. The service at Jonesville Baptist Church reflected…
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Michael Jackson Manslaughter Trial Begins 2nd Week
Anthony McCartney of the Associated Press is reporting that the manslaughter trial of Dr. Conrad Murray has moved into its second week, with prosecutors chronologically laying out the events of the day that music legend Michael Jackson died. Authorities contend that Murray gave Jackson a lethal dose of the anesthetic propofol and other sedatives in…
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Obama to GOP: 'You Must Support Gay Troops'
The Associated Press is reporting that President Barack Obama blasted the GOP over booing a gay soldier. The president stated that anyone pursuing the job of commander-in-chief must support the entire U.S. military, including gay service members. A combative Obama criticized GOP presidential candidates for staying silent when the crowd at a recent debate booed…
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Bachmann: Obama to Blame for 'Arab Spring'
Fresh from our “Is she still talking?” file, MSNBC is reporting that Rep. Michele Bachmann of Minnesota blamed President Barack Obama’s stand on Israeli-Palestinian peace talks for the uprisings against autocratic governments across the Arab world. At a fundraiser Thursday in North Carolina, the Republican lawmaker and candidate for president traced the mass protests that…
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Obama Wants Supreme Court Review of Health Care Law
Robert Barnes of the Washington Post is reporting that President Barack Obama and the U.S. Justice Department have asked the Supreme Court to review the president’s controversial 2010 health care law. The administration said it was confident that the Affordable Care Act would be upheld as a valid exercise of federal power, just as Social…
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VIDEO: Reggae Pioneer Leonard Dillon Dies
Billboard is reporting that reggae pioneer Leonard Dillon has passed away. Dillon was the lead singer of the Ethiopians, who helped usher ska and rocksteady into the reggae-music canon. The Ethiopians’ biggest hits included “Train to Skaville” and “Everything Crash.” “Everything Crash” tackled issues like water rationing, power cuts and police brutality. The Ethiopians began…
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Bank of America to Charge $5 Monthly Debit Card Fee
Hugh Son of Bloomberg is reporting that Bank of America, the biggest U.S. lender by assets, plans to announce a $5 monthly charge for some debit card users to recoup revenue lost after new federal rules capped so-called swipe fees. Customers with lower-tiered accounts, including the firm’s online-banking option, may start getting assessed the fee…
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VIDEO: Chris Christie: Obama a Bystander in Oval Office
Jon Ward of the Huffington Post is reporting that New Jersey Gov. Chris Christie all but announced himself as the next coming of Ronald Reagan and cast President Obama as Jimmy Carter in a speech Tuesday night that will only inflame speculation that the Republican plans to run for president. In his speech, Christie didn’t…
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Big Banks Plan Employee Layoffs, Increase Bonus Pools
Guest blogger Rebecca Leber for Think Progress is reporting that Wall Street is planning to lay off thousands of workers in a supposedly underperforming quarter. Yet and still, they have set aside $65.69 billion for bonuses at the end of the year, an 8 percent increase over last year. Goldman Sachs says that it plans…