Liberty Bank to merge with First Tuskegee Bank, the oldest African American financial institution in the U.S. Montgomery Advertiser First Tuskegee Bank plans to merge with Liberty Bank and Trust Company. The definitive agreement announced Thursday is subject to shareholder and regulatory approval. “The partnership with Liberty will afford us the opportunity to compete more […]
October 23, 2013
Myanmar’s new international airport to begin construction in 2014
Myanmar’s new international airport to begin construction in 2014 Construction work for a new Hantharwady International Airport will be start in early 2014, as Myanmar gears up to receive growing numbers of visitors. Yangon International Airport, currently the country’s main entry point, handles 20 million passengers a year and will be upgraded to receive another […]
October 22, 2013
September 2013 U.S. unemployment drops to 7.2%
September 2013 U.S. unemployment drops to 7.2% U.S. Bureau of Labor Statistics Total nonfarm payroll employment rose by 148,000 in September, and the unemployment rate was little changed at 7.2 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in construction, wholesale trade, and transportation and warehousing. Household Survey Data The unemployment rate, […]
October 18, 2013
How an abandoned Caracas skyscraper became ‘The World’s Tallest Slum’
How an abandoned Caracas skyscraper became ‘The World’s Tallest Slum’ After an economic collapse a 45-story skyscraper in Caracas, Venezuela went unfinished in 1994 and uninhabited, until 2007, when the city’s homeless began moving in. Its developer, Mr. Brillembourg died of cancer at age 56 in 1993. In the area around the Tower of David, […]
October 17, 2013
Cory Booker wins Special Election for U.S. Senate becoming the first African American elected from New Jersey
Cory Booker wins NJ Special Election for Senate New Jersey becomes 3rd state to elect an African American to the Senate and first African American to be elected to the U.S. Senate since Barack Obama was elected Senator from Illinois in 2004 Associated Press NEWARK- Newark Mayor Cory Booker won a special election Wednesday to […]
October 16, 2013
U.S Congressional Salaries and Retirement Benefits
U.S Congressional Salaries and Retirement Benefits CRS Report for Congress Congress is required by Article I, Section 6, of the Constitution to determine its own pay. Prior to 1969, Congress did so by enacting specific legislation. From 1789 through 1968, Congress raised its pay 22 times using this procedure. Members were initially paid per diem. […]
October 16, 2013
Remembering Yesteryear: In October 1940 Benjamin O. Davis, Sr., became America’s first African American general in the United States Army
Remembering Yesteryear: In October 1940 Benjamin O. Davis, Sr., became America’s first African American general On October 25, 1940 Benjamin O. Davis, Sr., became the first African American to become a general in the United States Army Benjamin O. Davis, Sr., was born in Washington, D.C., on July 1, 1877. He entered the military service […]
October 14, 2013
South Africa and France ink $8 billion energy, rail infrastructure deals
South Africa and France ink $8 billion energy, rail infrastructure deals Agence France-Presse South Africa on Monday clinched $8 billion in infrastructure deals with France during a visit by President Francois Hollande, boosting government efforts to tackle a flagging economy and sky-high unemployment. Hollande kicked off a two-day visit to Africa’s largest economy by signing […]
October 10, 2013
Federal judge rules on historically black universities in Maryland
Federal judge rules on historically black universities in Maryland Associated Press A federal judge has ruled that Maryland shortchanged the state’s four historically black colleges and universities (HBCUs) by unnecessarily duplicating their programs at nearby predominantly white institutions. In a ruling issued Monday in U.S. District Court in Baltimore, Judge Catherine Blake wrote that the […]
October 10, 2013
Ghana to host first aviation exposition- African Air Expo 2014
Ghana to host first aviation exposition- African Air Expo 2014 Ghana will host the maiden Africa Air Expo from November 9 – 11, 2014 in Accra to showcase the achievements of the civil aviation industry in Africa. Graphic (Ghana) ACCRA- Ghana is to host the first-ever global aviation exposition in Africa in Accra, in 2014. […]
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October 25, 2013
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