Mar11

Money Matters: Rising Data Breaches Put California Consumers At Risk

Late last month, California Attorney General Kamala Harris released a data breach report, which found that over 49 million records of Californians’ personal information were put at risk in last four years.

The report, detailing the nature of data breaches reported to her office over the past four years, cited 657 data breaches between 2012 and 2015. Last year alone, 178 breaches placed 24 million records of Californians at risk, reflecting that as many as three in five Californians may have been victims of a data breach in 2015 alone.

“Government and the private sector have a shared responsibility to safeguard consumers from threats to their privacy, finances, and personal security,” said Attorney General Harris.  “California is leading the nation with measures to prevent data breaches, but we can do better.”

 

On The Money: The Hottest Ticket in Town
Feb10

On The Money: The Hottest Ticket in Town

Talk about the hottest ticket in town. This year’s Super Bowl is on pace to not only be the most expensive Super Bowl, but the most expensive event ever, so don’t feel bad if you’re not going. It would have set you back a pretty penny.
There’s the cost of airline tickets and the hotel rooms, who have doubled and tripled their rates based on demand. But that’s just for starters. The big bucks go for the tickets.
Oh, the NFL won’t miss you. Super Bowl 50 was sold out long before anyone ever knew that it would be the Denver Broncos and Carolina Panthers meeting on Feb. 7, 2016, at Levi's Stadium in Santa Clara, California.
At face values, the tickets range from $850 to $1,800 for general admission, up to $3,000 for club seats), but hardly anyone pays that.

Money Matters: Another Economic Downturn on the Way?
Feb04

Money Matters: Another Economic Downturn on the Way?

Gov. Jerry Brown expressed caution when looking at the state of California in his recent State of the State address to lawmakers. While some African American legislative leaders are advocating to restore dollars for programs cut in past years, Brown is asking lawmakers to focus on current liabilities and building the rainy day fund. He said, over the next three years, there could be a possible downturn of as much as $55 billion in state revenue. Brown’s warning of economic scarcity comes when the state boasts of a budget surplus of an estimated $6 billion and a state GDP of some $2.3 trillion.

“Since the Second World War, we have experienced 10 recessions, none of them expected or accurately predicted,” cautions Brown. “Economists are unable to pinpoint when a recession will begin or how long it will last.” For African Americans, many unemployed, underemployed and living in some of the most economically depressed regions of the state, a recession of that magnitude would be dire.

 

Dollars and Sense with Bob Blake
Feb04

Dollars and Sense with Bob Blake

You’ve heard the age old saying, “An ounce of prevention is worth a pound of cure”, but it couldn’t be any more appropriate with El Nino looming, and when it comes to flood preparedness. All it takes is a few inches of water to cause major damage to your home and its contents and believe it or not everyone lives in a flood zone–it's just a question of whether you live in a low, moderate, or high risk area. L.A. is not immune. In 1938, a pair of Pacific storms bringing abnormally high rainfall—causing the Santa Ana, Los Angeles, and San Gabriel Rivers to burst their banks — resulted in the loss of more than 100 lives and upwards of $40 million in damages. The Baldwin Hills dam collapse of 1963 released 250 million US gallons of water on surrounding neighborhoods resulting in five deaths and the destruction of 277 homes.

 

Dollars and Sense with Bob Blake
Jan12

Dollars and Sense with Bob Blake

I’m the man they call. Someone dies. Someone’s short on cash. Someone’s house burns down. Someone get’s injured on the job. Someone’s about to go bankrupt. In short, they usually call me when someone is in trouble.
Of course, there are those who call me because of the circles I run in or because they’ve seen me at some upscale, posh political fundraiser. But mostly, I see people at the worst time in their lives. The problem is they usually call me too late. So right about now you’re wondering who I am and who’s calling me. My name is Bob Blake and I’ve built one of the most successful multi-million dollar insurance agencies nationwide dealing mostly with municipal and public sector.

 

Entrepreneur’s Queens Of Africa Dolls Outselling Barbie In Nigeria
Jul03

Entrepreneur’s Queens Of Africa Dolls Outselling Barbie In Nigeria

With blue eyes, blonde hair, long eyelashes, a slender figure, pale skin and features that promote unrealistic beauty standards, Mattel’s Barbie doll is fighting to remain No. 1 on children’s wish lists.

And now that the Queens of Africa Dolls are gaining traction, Barbie, whose sales have been slumping for the past three years, has some fierce competition.

In 2007, when Taofick Okoya, CEO of Fico Solutions Ltd and creator of Queens of Africa Dolls, was in search of a gift for his niece and was unsuccessful, he decided to take matters into his own hands. The result was designing a line of inspirational ethnic dolls.

First Ladies High Tea
November will mark the 20th Anniversary of our Annual First Ladies High Tea, honoring the contributions of female leaders and women of faith to the Los Angeles community. For more information, visit www.firstladieshightea.com
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