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Economy

Dozens of Foxconn Workers Arrested After Riot in Chengdu, China Plant

Dozens of Foxconn Workers Arrested After Riot in Chengdu, China Plant

by Jorge Rivas on June 7 2012, 12:50PM

Hundreds of Foxconn employees living in company dormitories in Chengdu, China clashed with security staff Monday evening.

Topics: Economy, Global Affairs, /NOW

Georgia Asks Employers to Rat Out Job Seekers Who Fail Drug Tests

Georgia Asks Employers to Rat Out Job Seekers Who Fail Drug Tests

by on June 5 2012, 9:25AM

The state’s one of several that’s using hyped up fears about drugs to weaken unemployment insurance programs.

Topics: Drug Tests, Economy

Diane Tran, Jailed Texas Honor Student, Turns Down 100K

Diane Tran, Jailed Texas Honor Student, Turns Down 100K

by Jorge Rivas on June 1 2012, 1:54PM

Earlier this week Diane Tran made national headlines after a Texas judge threw 17-year-old teen in jail for missing school.

Topics: Economy, /NOW, Schools & Youth

SunTrust Settles Lending Discrimination Suit for $21 Million‎

by Jorge Rivas on May 31 2012, 5:53PM

DOJ reaches $21 million settlement to resolve lending discrimination allegations by the nation’s 11th largest bank.

Topics: Economy, /NOW

Asian Americans Suffer Most from Long-Term Unemployment

by Jorge Rivas on May 25 2012, 5:22PM

For the past two years, Asian Americans have had the highest share of unemployed workers who were unemployed long term.

Topics: Economy, /NOW

Amazon Ditches the Conservative Public Policy Group ALEC

Amazon Ditches the Conservative Public Policy Group ALEC

by Jorge Rivas on May 25 2012, 12:26PM

Amazon became the 16th company to announce that it has dropped ALEC since ColorOfChange launched its campaign targeting ALEC’s corporate sponsors.

Topics: Economy, /NOW

New Orleans Becomes Largest U.S. City Without Daily Newspaper

New Orleans Becomes Largest U.S. City Without Daily Newspaper

by Jorge Rivas on May 25 2012, 10:51AM

The cuts come after the paper saw a steep drop in circulation. I n 2005, before Hurricane Katrina, the paper had a daily circulation of 261,000; in March of this year, the circulation was 132,000.

Topics: Economy, Media, /NOW

Brooklyn Boxing Coach Kicks Wall Street Where it Hurts [Video]

Brooklyn Boxing Coach Kicks Wall Street Where it Hurts [Video]

by Jorge Rivas on May 23 2012, 4:02PM

Meet Eric Kelly, a four-time National Amateur Boxing champion and two-time NYC Golden Glove tournament winner, who isn’t afraid of anyone, even Wall Street dudes.

Topics: Economy, /NOW

Sure, More Men Are Doing Pink-Collar Work, but Race Still Matters

Sure, More Men Are Doing Pink-Collar Work, but Race Still Matters

by Akiba Solomon on May 23 2012, 10:07AM

Research shows that men in female-dominated fields make more money and advance more quickly—until you control for race.

Topics: Gender, Economy, Gender & Sexuality

Why Tea Party Lawmakers Are Trying to Conflate Poverty and Drug Addiction

Why Tea Party Lawmakers Are Trying to Conflate Poverty and Drug Addiction

by on May 7 2012, 10:07AM

Since 2010, a new meme has spread to dozens of states: Drug testing people who apply for safety net benefits. The goal is to change economic debates into a culture war over who does and does not deserve help.

Topics: ALEC, Drug Tests, Economy, Jobs Crisis, Politics

April's Unemployment Numbers: Youth Pushed Into Low-Wage Service Jobs

April’s Unemployment Numbers: Youth Pushed Into Low-Wage Service Jobs

by Jorge Rivas on May 4 2012, 11:32AM

Teens faced the highest unemployment rate in April.

Topics: Economy, /NOW

Illinois' African Women Entrepreneurs Fight For Their Right to Braid [Video]

Illinois’ African Women Entrepreneurs Fight For Their Right to Braid [Video]

by Channing Kennedy on April 25 2012, 3:01PM

A new video shows how Illinois’ professional hair braiders worked with legislators to defeat a racially skewed licensing law.

Topics: Arts & Culture, Economy, /NOW

Community Leaders in LA's Chinatown Question if Wal-Mart Bribed City Officials

Community Leaders in LA’s Chinatown Question if Wal-Mart Bribed City Officials

by Jorge Rivas on April 24 2012, 11:45AM

LA group questions how an 11th hour building permit for Wal-Mart made it through the building department just hours before the City Council voted to ban the retail giant from the city’s historic Chinatown.

Topics: Economy, /NOW

Ai-jen Poo, Activist Leading CA Domestic Workers, Makes Time 100

Ai-jen Poo, Activist Leading CA Domestic Workers, Makes Time 100

by Jorge Rivas on April 18 2012, 2:59PM

Ai-jen Poo leads a nationwide movement of nannies, housekeepers and care workers to gain long overdue workers’ rights

Topics: Economy, /NOW

Taxes, Poverty and Predatory Lending--a Knot That's Finally Unraveling

Taxes, Poverty and Predatory Lending—a Knot That’s Finally Unraveling

by Kai Wright on April 18 2012, 9:25AM

Throughout the so-called boom years, poverty was good business for tax preparers and the banks that financed their deceptive “refund anticipation loans.” That shady market is finally collapsing, but have banking regulators learned anything from it?

Topics: Economy, Kai Wright

Report: Banks Let Black and Latino Foreclosed Homes Waste Away

Report: Banks Let Black and Latino Foreclosed Homes Waste Away

by Jorge Rivas on April 17 2012, 12:13PM

Wells Fargo and U.S. Bank have let foreclosed homes in black and Latino neighborhoods lapse into disrepair, according to housing advocates.

Topics: Economy, /NOW

As iPads Bolster Apple Shares, Demonstrators Prepare for Nationwide Protests

As iPads Bolster Apple Shares, Demonstrators Prepare for Nationwide Protests

by Jorge Rivas on March 15 2012, 4:56PM

As Apple’s market grows, demonstrators are calling on Apple to create a worker protection strategy to prevent workplace abuse, injury, and death in the factories that produce new iPad and iPhones.

Topics: Economy, Global Affairs, /NOW

How Are Racial Justice Activists Making Occupy Work For Everyone? [Video] Play

How Are Racial Justice Activists Making Occupy Work For Everyone? [Video]

by David Zlutnick on March 13 2012, 10:26AM

As spring comes, the world prepares for the Occupy movement to once again fill the headlines. Colorlines.com talks with Occupy Wall Street organizers who have sought to keep race in the movement’s conversation.

Topics: #Occupy, Economy

Campaign Uses Homeless Katrina Survivor as Wi-Fi Hotspot at SXSW

Campaign Uses Homeless Katrina Survivor as Wi-Fi Hotspot at SXSW

by Jorge Rivas on March 12 2012, 3:30PM

Meet Clarence. He’s homeless and selling wi-fi outside of the bigguest internet innovation conference but doesn’t have access to the internet himself.

Topics: Economy, /NOW

Reality Returns: Huge Black Job Gains Disappear in February Report

Reality Returns: Huge Black Job Gains Disappear in February Report

by Kai Wright on March 9 2012, 10:47AM

The sudden, sharp drop in black unemployment that set economists buzzing in January appears to have in fact been so much statistical noise. The February 2012 job numbers are out and black unemployment went right back up, to 14.1 percent…

Topics: Economy, Jobs Crisis, /NOW