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Obama seeks ‘long term’ partnership with Africa

summit
WASHINGTON – President Barack Obama announced Tuesday that the federal government and private U.S. companies are investing $33 billion in Africa – $12 billion in new commitments – as part of an overall plan for his administration to strengthen its relation with the world’s second-largest continent.
 
Speaking to nearly 50 African heads of state and top officials at the U.S.-Africa Summit at the Mandarin Oriental Hotel in the nation’s capital, Obama said: “As president, I’ve made it clear that the United States is determined to be a partner in Africa’s success – a good partner, an equal partner, and a partner for the long term.

Memphis cotton warehouse sued in federal court

workplace suit
(AP) – Three former employees of a cotton warehouse in Memphis have filed a federal lawsuit alleging racial discrimination in the workplace.
 
Lawyers for former Atkinson Cotton Warehouse workers Vashone Ford, Untonia Harris and Marrio Mangrum filed a complaint Monday in U.S. District Court.

Be careful about cashing out

money matters
Since the recession, Americans have been keeping their jobs longer. In 2012, the average tenure for U.S. workers was 4.6 years, up from 3.7 years in 2002. Even so, there’s a good chance you may move on to a new job in the not-too-distant future, and when you do you could face a decision about how to handle any funds you have accumulated in your employer-sponsored retirement plan.
 
Typically, you have four choices, depending on the situation:

Kerry and Biden urge African leaders to be more open

summit
WASHINGTON – Calling this an “extraordinary moment of opportunity,” Secretary of State John Kerry gently urged African leaders hosted by the White House to eradicate political corruption, limit their time in office to two terms, be more accepting of dissent and adopt universally accepted values that advance the lives and freedoms of its citizens.
 
Kicking off the 3-day US-Africa Summit that began Monday, Kerry said: “Empowered civil society is the foundation of every successful democracy here in the United States, in Africa, and around the world, because in the end, our most enduring relationships, most consequential relationships are not with one particular government at one moment in time. It’s not with those who are in power for the short run.”

Congressman’s son, Fattah Jr., charged with fraud

fattah
PHILADELPHIA (AP) — The son of a Philadelphia congressman has been indicted on bank fraud, tax and theft charges, accused of stealing federal funds for city schools and using business loans to pay off mostly personal expenses, including more than $30,000 in gambling debts, federal prosecutors announced Tuesday.
 
Chaka Fattah Jr., 31, surrendered at the federal courthouse and vowed to clear his name. He was scheduled for a court appearance later Tuesday.