Money

Wal-Mart names first woman as Sam's Club CEO

BENTONVILLE, Arkansas (AP) - Wal-Mart Stores Inc., the world's biggest retailer, said Friday that it has named Rosalind Brewer as CEO of Sam's Club -- the first woman and the first African-American to hold a CEO position at one of the company's business units..

Food stamp families to critics: Walk in our shoes

theGrio

Some have advanced degrees and remember middle-class lives. Some work selling lingerie or building websites. They are white, black and Hispanic, young and old, homeowners and homeless. What they have in common: They're all on food stamps...

1/17/12- the Grio and CNBC Market Update

Shartia Brantley

VIDEO - There was quite a bit of economic data to digest last week...small business optimism rose in December, marking four months of gains, as expectations for business conditions improved...

New study: Tensions between rich and poor rising

Jay Scott Smith

theGRIO REPORT - A new study shows that the conflicts between the rich and poor in this country have risen to its highest level in 25 years.

Report: Blacks more generous than peers

Kunbi Tinuoye

theGRIO REPORT - Black people are far more inclined to give back to the community compared with their white counterparts, according to new research by the W.K. Kellogg Foundation (WKKF)...

1/6/12 - the Grio and CNBC Market Update

Shartia Brantley

In the week ahead, we kick off earnings season with reports from Alcoa and JP Morgan and we expect several economic reports...

Do black people shop differently than other races?

Kunbi Tinuoye

theGRIO REPORT - The shopping habits of African-Americans have some distinct characteristics that retailers and marketers should use to better understand black consumers, according to new research by The Nielsen Co...

Why Obama needs to Investigate the banks

Rashad Robinson

OPINION - The Obama administration and state law enforcement officials from across the country are currently in negotiation with several of the nation's biggest banks, and there's a critical choice at hand...

Mayor: Detroit won't run out of cash by April

theGrio

DETROIT (AP) - Detroit is no longer at risk of running out of cash by April because cost-cutting and other measures are taking effect, Mayor Dave Bing said Thursday...

Angela and Vanesa Simmons owe IRS $450k

Donovan X. Ramsey

theGRIO REPORT - The Detroit News reported Wednesday that Vanessa, 28, and Angela Simmons, 24, daughters of rapper Rev. Run of Run DMC, owe nearly half a million dollars in back taxes...

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theGrio

Money

Wal-Mart names first woman as Sam's Club CEO

Food stamp families to critics: Walk in our shoes

1/17/12- the Grio and CNBC Market Update

New study: Tensions between rich and poor rising

Report: Blacks more generous than peers

1/6/12 - the Grio and CNBC Market Update

Do black people shop differently than other races?

Why Obama needs to Investigate the banks

Mayor: Detroit won't run out of cash by April

Angela and Vanesa Simmons owe IRS $450k

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