The bad economy has hurt many nonprofits around the country, even as demands for their services have grown. That's certainly the case in Reading, Pa., which has been labeled the poorest city in America, with a poverty rate of more than 41 percent.
Now, one local nonprofit, Opportunity House, hopes to salvage some of its services by salvaging junk.
Ever since the peak of the financial crisis, we've been treated to the occasional spectacle that leaves the market and its hangers-on in a tizzy: unveiling the terms of new bailout programs, revealing bank stress-test results, and, not long ago, JPMorgan Chase's chief executive
President Obama may have disappointed the NAACP by appearing only via brief video message Thursday at the civil rights group's annual gathering — especially after Mitt Romney had personally taken the stage a day earlier.
But sending in Vice President Biden to stir things up, just 24 hours after Romney was booed while delivering a conservative message meant to resonate beyond the walls of the Houston convention center, seemed to work out just fine for Obama.
Nike has announced that it has removed the name of former Penn State football coach Joe Paterno from its child care center in Oregon. Mark Parker, Nike's president and CEO, said he was "deeply saddened" by the results of the investigation.