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Money

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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Beyoncé Knowles and Harry Belafonte

Beyoncé camp fires back at Belafonte

Chris Witherspoon
theGRIO REPORT - Beyoncé's spokesperson has released 'an abbreviated list of the unselfish work Beyoncé has done and continues to do' in response to Harry Belafonte's criticism...
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United Nations AIDS chief Michel Sidibe speaks during the opening session of the International AIDS Conference in Washington, on Sunday, July 22, 2012. (AP Photo/Jacquelyn Martin)

US donates extra $150 million to battle AIDS

Lauran Neergaard, Associated Press
WASHINGTON (AP) - Science now has the tools to slash the spread of HIV even without a vaccine...
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Mary J. Blige, Russell Simmons, Sean 'Diddy' Combs, and Jay-Z on stage at the Last Chance For Change Rally in support of Barack Obama at Florida Memorial University on November 2, 2008 in Miami Lakes, Florida. (Photo by Logan Fazio/FilmMagic)

Is the black 1 percent failing Obama?

Zerlina Maxwell
OPINION - To date, the president's major Hollywood fundraisers have all been hosted by almost exclusively white celebrities...
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Republican Presidential candidate, former Massachusetts Governor Mitt Romney speaks to the media about speculation on his Vice Presidential search on June 19, 2012 in Holland, Michigan. (Photo by Joe Raedle/Getty Images)

Romney outraises Obama by $30 mil

Ken Thomas, Associated Press
WASHINGTON (AP) - President Barack Obama's campaign and the Democratic party raised $71 million in June, well below the $106 million hauled in by rival Mitt Romney and the Republican party during the same period...
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Lauryn Hill arrives at federal court Friday, June, 29, 2012, in Newark, N.J. The eight-time Grammy Award winner and South Orange, N.J., resident was charged this week with willfully failing to file income tax returns with the Internal Revenue Service. Federal prosecutors said she didn't pay taxes on more than $1.5 million earned in 2005, 2006 and 2007 from recording and film royalties. (AP Photo/Mel Evans)

Why do black celebs have trouble paying their taxes?

Kia Miakka Natisse
OPINION - Unfortunately (and perhaps to a conspiracy theorist, by no coincidence at all) black celebrities comprise some of the most frequent examples of tax evasion...
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George Zimmerman enters Seminole County courtroom during his bond hearing on June 29, 2012 in Sanford, Florida. (Photo by Joe Burbank/Orlando Sentinel-Pool/Getty Images)

George Zimmerman raises $20,000 since bond ruling

Mike Schneider, Associated Press
ORLANDO, Fla. (AP) - George Zimmerman has raised $20,000 from donations in the 24 hours since a judge set his bond at $1 million...
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Rihanna

Rihanna sues ex-accountants for millions in losses

Larry Neumeister, Associated Press
NEW YORK (AP) - Rihanna sued her former accountants Thursday, blaming them for tens of millions of dollars in losses, shoddy bookkeeping...
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