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SANTA MARIA, CA - AUGUST 16: Defendant Michael Jackson with sisters LaToya Jackson (L) and Janet Jackson exit the Santa Maria courthouse for break during the evidentiary hearing in the Michael Jackson child molestation case August 16, 2004 in Santa Maria, California. Jackson who is not legally required to attend the evidentiary hearing, was on hand to hear his defense lawyers question Santa Barbara District attorney Tom Sneddon about what they claim was an illegal raid. Superior Court Judge Rodney Melville has set the jury trial date for January 31, 2005. (Photo by Ed Souza-Pool/Getty Images)

New book alleges Jackson family scramble for King of Pop's cash

Similoluwa Ojurongbe
theGRIO REPORT - A new Michael Jackson biography, Untouchable by Randal Sullivan, alleges that in the weeks following Michael Jackson's death there was a scramble for his cash by his extended family...
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Photo courtesy of fotolia

Nielson: Black consumers vital and growing socio-economic group

Similoluwa Ojurongbe
theGRIO REPORT - A new study by the The Nielson Company; African-American Consumers: Still Vital, Still Growing 2012 Report, shows African-American consumers are not only a vital socio-economic group but a growing one...
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Kwame Kilpatrick (AP Photo/Paul Sancya)

Kilpatrick pal says he passed $90K to ex-mayor

Ed White, Associated Press
DETROIT (AP) - A college buddy who was granted immunity by federal prosecutors testified Tuesday that he delivered $90,000 in cash to Kwame Kilpatrick in 2008 while the former Detroit mayor's family was settling in Texas after his resignation...
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Kwame Kilpatrick (AP Photo/Paul Sancya)

Feds show cash trail at Detroit ex-mayor's trial

Ed White, Associated Press
DETROIT (AP) - Prosecutors are going right to the money in the first day of evidence at former Detroit Mayor Kwame Kilpatrick's corruption trial...
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President Barack Obama (C) signs an executive order in the East Room of the White House February 26, 2010 in Washington, DC. Obama delivered remarks and signed an executive order for the White House Initiative on Historically Black Colleges and Universities during the event. (Photo by Win McNamee/Getty Images)

How will new HBCU money be managed?

David A. Love
theGRIO REPORT - With the collapse of Morris Brown College — due to financial mismanagement, corruption, financial aid theft and foreclosure—and the overall precarious fiscal state of HBCUs, some are wondering if these schools can be trusted to properly manage their finances...
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Republican presidential candidate, former Massachusetts Gov. Mitt Romney greets supporters during a campaign rally at Somers Furniture on May 29, 2012 in Las Vegas, Nevada. Mitt Romney is holding campaign event and attending a fundraiser hosted by Donald Trump in Las Vegas.  (Photo by Justin Sullivan/Getty Images)

Romney says 'middle-income' $250k and below

Steve Peoples, Associated Press
BOSTON (AP) - Mitt Romney is promising to reduce taxes on middle-income Americans...
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banks

21.4 percent of black families don't have bank accounts

Marcy Gordon, Associated Press
WASHINGTON - A government survey shows about 821,000 U.S. households lost access to basic banking services between January 2009 and June 2011...
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Tiger-Woods-Wins

Tiger Woods: 1st golfer to top $100 million in winnings

theGrio
Tiger Woods may have had his ups and downs personally and professionally over the last couple years -- but he is still one of the biggest earners in sports history....
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(courtesy of Morris Brown College)

Future bleak for one of nation's oldest HBCUs

Kunbi Tinuoye
theGRIO REPORT - One of the country’s oldest historically black colleges is fighting for survival following revelations it is facing foreclose next month...
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Usain Bolt of Jamaica poses on the podium during the medal ceremony for the Men's 4 x 100m Relay on Day 15 of the London 2012 Olympic Games at Olympic Stadium on August 11, 2012 in London, England. (Photo by Alexander Hassenstein/Getty Images)

Usain Bolt refuses to race in UK due to tax laws

theGrio
Usain Bolt, triple gold medalist at this year's London Olympics, announced that he will not compete in the United Kingdom until their current tax laws are changed...
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