
Oprah Winfrey's charity, the Angel Network, is shutting down as her talk show draws to a close. The network stopped accepting donations this week and said on its Web site that it plans to dissolve as soon as its remaining funds are disbursed. [The Huffington Post]
♦Leader of First Black-Owned Business to Go Public Dies
African American business community leader and former Parks Sausage Co. chief executive Raymond V. Haysbert Sr. has died at age 90. Haysbert, who led Parks, the first black-owned business to go public in 1969, and the Baltimore Urban League, died Monday at Union Memorial Hospital. [The Grio]
♦Court Says Black Firefighter Lawsuit Can Proceed
The Supreme Court ruled Monday that a group of African Americans did not wait too long to sue Chicago over a hiring test they challenged as discriminatory, freeing them to collect a lower court judgment. [The Network Journal]
♦Apple Overtakes Microsoft as Biggest Tech Company
Apple shot past Microsoft as the world's biggest tech company, based on market value. It's the latest milestone for the maker of the iPhone, which nearly went out of business in the 1990s. [Reuters]
♦Most Europeans swindled by Madoff get money back
A majority of the European victims of Ponzi scheme mastermind Bernard Madoff got their money back, their lawyers said Tuesday in New York. About 720,000 investors, or 80 percent of Madoff's European clients, received a total 15.5 billion dollars after an agreement was reached with intermediary credit institutions, the lawyers said. Javier Cremades and Gaytri Kachroo told a press conference that most of Madoff's victims overseas had been reimbursed. [Google News]
♦Michigan Incentives Transforming Motor City To Movie Magnet
With flicks like "Machine Gun Preacher" starring Gerard Butler, "30 Minutes of Less" by "Zombieland" director Ruben Fleicher, 50 Cent's "Love Me or Love Me Not" and Dreamworks' $80 million sci-fi flick "Real Steel," with Hugh Jackman, all set to start production in Detroit this summer, one has to wonder if the state is really banking on the hosting gig. [The Atlanta Post]
♦Scientists prove even the thought of money spoils enjoyment
The idea that money does not buy happiness has been around for centuries, but now scientists have proven for the first time that even the thought of money reduces satisfaction in the simple pleasures of life. [PhysOrg.com]
♦Twenty-One Women Entrepreneurs Reveal Their Favorite Business Books
If you"re looking for some summer reading, take advice from the experts. We asked 21 women entrepreneurs what business books were most influential to them. Responses range from recent bestsellers like 'The Four Hour Workweek' to feminist classics such as 'Games Mother Never Taught You.' Read on to see what books Kathy Ireland, Nell Merlino and other women in business recommend. [Forbes]

Comments: (70)
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By: PIPI on 5/31/2010 5:57PM
WOW LOL IM JUST GLAD IM NOT HER!
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By: Betty on 5/31/2010 8:09PM
First of all ,I don't care what color you our
She doesn't owe anybody anything
Second that's what is wrong in ,this world
Is the hate out there
Have you looked out there lately
We have a lot more to worry about
There no reason say such hurtful things
Like ,jobs ,roofs over our heads
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By: Betty on 5/31/2010 8:07PM
First of all ,I don't care what color you our
She doesn't owe anybody anything
Second that's what is wrong in ,this world
Is the hate out there
Have you looked out there lately
We have a lot more to worry about
There no reason say such hurtful things
Like ,jobs ,roofs over our heads
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By: Rose on 5/31/2010 8:33PM
Shame on you. Now look who is ugly. That comment says quite abit about you. Oprah owes you nothing. She nor her Network had nothing to do with your spouse leaving. Be a woman,handle your own business. I am sure if the Network helped you, that comment would not have been made about Oprah.
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By: YOMI on 5/31/2010 8:42PM
Remember, goodliness and friendship always. It's the only way to get the best out of life. Be friends and never an hater.
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By: always right on 6/01/2010 12:44AM
Nothing good came out of Oprah, she laughed at women brains and went to the bank laughing even more. Well she brought all the gays out of closets! she is sneaky. 20 years ago I was walking in down town chicago, I was skiny, more so then, I saw Oprah looking at me with jealousy, when I said to someone "hey that is oprah" she made a proud look at her face and looked away.
Recently I worte an email to someone, it seems this email reached her show and she copied the email and made it into script in her show. no matter how rich they are, they still like to get things for free! I keep writing things and hollywood and tv shows everywhere keep stealling them for free!
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By: bobrhodges on 6/01/2010 2:21PM
Oprah is shutting down because she is using her own money to run Charity.
All of he businesses are going down because of this.
She is not the Genius that everyone thinks she is?
Go for it Oprah. Save all you can, because you are not going to like life being broke!!!!!
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By: Bill on 6/01/2010 1:24PM
Oprah's thighs in the pink skirt in the above pic make me wanna woo-hoo!
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By: Writ on 6/02/2010 12:48PM
People like the racist and inferior Barbara Walker makes this world a shameful place. For years and years Oprah has helped both white and black and all races for that matter but it seems its never enough. The ignorant, the hateful, the fearing, those with ugly souls will never see the good because the good was done by a person of color. Well Barbara, you pale in comparison to the beautiful brown Ms. Winfrey, whose color does not make her inferior or a monkey, it only makes you one. Were you not so jealous of the sun-kissed complexion of those born with melanin and blessed to be so, you wouldn't take your flat butt, thin lips and death pall complexioned self to the beach so often to get the color you pretend is so abhorrent in people of color. You fool no one.
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By: CINDI on 6/06/2010 8:20AM
OPRAH, you suck, get lost and stay lost, hay by the way do you help the people who took your child to raise with schooling, with all the money you have, you should,
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