The U.S. Patent and Trademark Office has cancelled trademark registrations by the Washington Redskins football team, ruling that the team's name is "disparaging" to Native Americans.
Economists say there are more than 2 million "missing households" in the U.S. — young people who bunk with family or friends rather than buying their own home. New data suggest this trend continues.
He created a rhythmic style that combined R&B, gospel and jazz that became known as "hard bop," and performed with such jazz greats as Stan Getz and Miles Davis.
During World War II, the Navy hired thousands of workers for its San Francisco Bay Area shipyards. Many were black migrants from the South who settled in the city's Fillmore District -- a neighborhood left with vacancies because of the internment of Japanese-Americans.
A vibrant black community flourished, and music venues opened up on nearly every block, hosting jazz greats like Ella Fitzgerald, Charles Mingus, and Duke Ellington. The Fillmore District was nicknamed the Harlem of the West.
In those years, if you were a black visitor to San Francisco, you most likely made a pilgrimage to Marcus Books. In 1956, the NAACP convention came to town, and Reverend Amos Brown -- then just 15-years-old -- was a delegate from Mississippi traveling with his mentor, civil rights hero Medger Evers. It was the first time Brown met Dr. Martin Luther King Jr, and the first time he visited Marcus Books.
“It was an iconic institution of culture, information, sociopolitical empowerment,” Brown reminisced. “Many international scholars and thinkers and civil rights leaders appeared at Marcus bookstore.”
The store began as a publishing company, printing hard-to-find texts from black leaders like Marcus Garvey, whom the bookstore was named after.
San Francisco poet Devorah Major says her father first brought her to Marcus Books when she was two years old. Later, the store was crucial to her career as a writer.
“I did readings when my first novel went out at Barnes & Noble, and they didn’t care -- I’d have five, or six, or ten people there,” she said. “I went to Marcus, and it was standing room only. It also is a measure of support, and those turn into sales.”
Marcus Books got into financial trouble last year, and the owners couldn’t afford to keep the store open. They tried a crowdfunding campaign to help raise money to buy back the property, and their supporters rallied on the steps of City Hall. But Reverend Amos Brown says the store’s problems started long before this. Business took a hit as San Francisco’s black residents moved out.
“We’ve lost over 50,000 since 1970, and that’s tragic,” Brown said recently when I talked to him in his office at San Francisco’s Third Baptist Church, where he arrived as pastor in 1976. In the 1960s and '70s, city redevelopment policies displaced thousands of African Americans, and segregation often made it difficult to find new housing.
Brown is now the president of the San Francisco chapter of the NAACP. The city, he says, is not as liberal and friendly towards African-Americans as its reputation might suggest.
“When it comes to employment, education, and housing opportunities, it’s not the ideal place to be in. If there is not a positive effort made to work with the African-American community to stop this hemorrhaging, I predict that in the next 5 to 10 years, there will not be 20,000 blacks left in this city.”
Black residents began leaving long before the current tech boom in the city, which has only made housing rentals even more difficult to secure. Mayor Ed Lee has committed to building 30,000 new affordable housing units in by 2020. Today, most of San Francisco’s black residents are low income renters.
Theodore Miller is director of San Francisco’s Out-Migration Initiative, the government’s latest attempt to retain black residents. One of Miller’s priorities is attracting young, college educated African-Americans to the city.
“We know the city of San Francisco is experiencing record growth across industries, and we need to make sure that African-Americans throughout the country think about San Francisco as a place to live and grow and raise their families,” he said.
But even if a new wave of black residents settles here, they’ll arrive in a city without many black-owned businesses. And Marcus Books in San Francisco won't be one of them -- it's gone for good.
Bloomberg Businessweek contributor Charles Graeber spent 10 days in Kenya with only one requirement: to not use his wallet -- and to pay for everything by phone.
"I've never gone to Africa and I've never paid for anything with my phone," he said. So, intrigued by Kenya's M-pesa system ("M" stands for mobile and "pesa" means payment in Swahili). The system allows users to transfer money from phone-to-phone through text messages. Once Graeber landed in Kenya, it took him fifteen minutes to get set up with a phone, SIM card and become a client of the country’s largest mobile provider, Safaricom.
Charles was able to use his phone to pay for his taxi, book his hotel and even haggle down meat prices from the local market. This use of payment has become widely popular since its launch in 2007.
"Something like 93 percent of Kenyans with mobile phones have this... The truth is it's an alternative to banking... it is quickly becoming people's bank accounts. In fact, some people will keep their money on a SIM card, and then take that SIM card out and keep it in a cookie jar, sort of as a virtual savings account."
While the majority of Kenyans are using this method of payment, the U.S. has yet to adopt a system like this. It’s a shame, at least for Charles, who says he’s already missing it.
"You walk out the door only needing your phone… and your wallet is one less thing to forget."
It started in February in West Africa. It has surged in the past few weeks, and now it has killed more than 300. The death toll is the highest of any outbreak since Ebola was detected in 1976.
The Federal Reserve said that it was curtailing its bond purchases to $15 billion per month. It gave no hint when interest rates would rise.
Jason Speer, President of Quality Float Works Inc., a float metal ball manufacturing company, has travelled several times to Iraq since their expansion into the troubled country:
"People still don’t even believe me, I have to show them some pictures," says Speer, about his business trips to Iraq.
Speer says he saw investing in Iraq as an opportunity.
"The country needs to be rebuilt," says Speer. "Everything has been destroyed over the years of neglect. I think there are a lot of opportunities for American businesses especially."
Doing business in Iraq is definitely not easy. Just shipping the float metal balls can be a tricky process. Speer says they work with a local business man that assists with the logistics of getting their product into the country, but sometimes their products sit for weeks at a time, just waiting for the paperwork to be handled and to be cleared.
Listen to the full interview in the audio player above.
The new entry into the smartphone arena offers unlimited cloud storage for photos and a 3-D camera with image stabilization.
While most of the World Cup attention is on the field, Felix Sanchez of the National Hispanic Foundation for the Arts, says broadcasters' racist commentary should be getting more attention.
According to Ethan Swan's blog 'NBA Tattoos,' 55 percent of basketball players in the league are tattooed. Swan shares what he's learned about the athletes from tracking their body ink.
Recent attacks in Kenya have left as many as 57 people dead. Meanwhile, in Nigeria, the search for hundreds of missing schoolgirls continues amid more violence in the north.
With thousands of unaccompanied children crossing the U.S.-Mexico border, immigration judges are faced with deciding who stays and who goes. Host Michel Martin examines the court process.
From the Marketplace Datebook, here's a look at what's coming up Thursday, June 19:
In Washington, the Senate Foreign Relations Committee holds a closed hearing on Iraq.
The Conference Board is scheduled to release its monthly index of leading economic indicators.
Let's all slow down and maybe wear something fetching for World Sauntering Day.
Cities and towns call it community paramedicine, and say the goal is to lower hospital costs by training emergency crews to do more treatment at the scene. But who actually pays for these house calls?
Young delinquents are much more likely than their peers to die violently as adults. And girls are at particular risk. Lack of access to preventive care is partly to blame, researchers say.
Questions about a potential cover-up dominate a congressional hearing about General Motors' handling of a deadly safety flaw. "How could they not know?" one congressman asked.
The British Guiana One-Cent Black on Magenta begins its journey in a young Scottish boy's collection and passes through the hands of a delusional killer. It was auctioned Tuesday for $9.5 million.
Until the past few days, no one was talking about renewed U.S. military action in Iraq. Here's a look at the ways the latest crisis could play out.
Goats aren't allowed in Detroit, but billionaire Mark Spitznagel thinks they could help revitalize blighted neighborhoods. Goat raisers in other cities say the animals can be eco-friendly landscapers.