"

Don’t just say that black unemployment is four times that of whites. Say that black businesses only get 2 percent of the $1 trillion of black buying power, and then say that black businesses are the greatest private employer of black people.


Then you might be able to say, wow, if there were more support of black businesses, if maybe a little more of that $1 trillion got to those businesses, unemployment wouldn’t be so high.

"

Maggie Anderson, who made it a year-long mission for her family to shop only at black-owned businesses.

(via KQED News)

Paul Solman: What would I be saying if I were wearing these?
Neil Blumenthal, co-founder, Warby Parker: These? You might be saying that you’re a hipster from Williamsburg.
All in a day’s work for economics correspondent Paul Solman, who reports on benefit corporations, or companies with a conscience, here.

Paul Solman: What would I be saying if I were wearing these?

Neil Blumenthal, co-founder, Warby Parker: These? You might be saying that you’re a hipster from Williamsburg.

All in a day’s work for economics correspondent Paul Solman, who reports on benefit corporations, or companies with a conscience, here.

"

To the Apple Board of Directors and the Apple Community:

I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come.

I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.

As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.

I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.

I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.

"

Steve Jobs announced his third medical leave in the past decade in January. Our story from January here.

Reblog:

Text of resignation letter by former Apple CEO STEVE JOBS.

(via the Wall Street Journal)

(Source: inothernews)

The Key To a Successful Life?

If you were one of the 1000+ babies born at the Queen Mary Maternity Hospital in Dunedin, New Zealand in 1972-73, chances are you don’t have any secrets.

 Those babies (now pushing 40) have grown up as the most scientifically studied group of people in the world. Starting at age 3, and every couple of years since, they’ve had every aspect of their physical and mental health examined and reported on in over 1100 publications. The latest paper to make a splash was on self-control. Not surprisingly, perhaps, the Dunedin study subjects with the lowest self-control as children have the worst health as adults. But what intrigued us was the finding that self-control was also linked to financial health…which is why we went to Duke University last week to interview the study’s associate director, Terri Moffitt, for our story about money tips for tots.  

Watch the full episode. See more PBS NewsHour.

Here’s what was left on the cutting room floor:
 

Read More