Feds Say They Want Stimulus Funds to Reach Minority-Owned BusinessesThe federal government is launching a campaign to put more stimulus money in the hands of minority-owned businesses, many of them reeling from this historic recession, now in its 20th month. But an official with the California Hispanic Chambers of Commerce says thus far, the stimulus money has eluded minority-run businesses in his beleaguered state. |
Markets Plunge Ahead of Holiday WeekendU.S. markets plunged Thursday after the Department of Labor said the unemployment rate rose from 9.4 percent to 9.5 percent in June. By close, the Dow Jones industrial average lost 223.32 points. |
Subscribe Today!HB500 Sector Analysis: Many Industries Enjoyed Success, Thrived in 2008In the world of business, a major recession does not necessarily mean everybody suffers together. Bright spots always exist. Sometimes the trend-beaters are individual companies, and sometimes -- as this year's HB 500 shows -- they are entire industries. Surprisingly, despite Wall Street's ignominious role in the unraveling of the U.S. economy, the financial sector was a stellar performer within the HB 500. |
Watch Out! Expensive Fender BendersYou are crawling in stop and go traffic when your eye catches an billboard for a brand new iPhone 3GS. urns out the person in front of you already has one, and they are on it right now, playing Sudoku. Traffic stops short, Sudoku Guy plows into the car in front of him, and before you even have a chance to daydream about standing in line at the Apple Store, you've just smacked right into the back of Sodoku Guy. If you have one of these 10 vehicles, you might have to put off your iPhone ambitions until you are finished paying off the thousands of dollars in bumper repairs. 
Summer of 2009: Convertible LustWhat could be better than hitting the road for 4th of July weekend in a flashy convertible? Summer's warm days and balmy nights won't last forever. Check out the coolest new upscale convertibles we could find. |
Feds Home Refinancing Program Becomes More InclusiveThe Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, said it has authorized the government-sponsored lenders to expand their Home Affordable Refinance Program, making up to 1 million additional loans across the nation potentially eligible for refinancing. |
July 4 Hot Dog Contest: The Superbowl of EatingIf the official game of Thanksgiving is football, then the spectator sport for the July 4 is eating. Eating hot dogs, that is -- and as many as humanly possible in 10 minutes. Every Independence Day, New York's Coney Island hosts the Nathan's International July Fourth Hot Dog Eating Contest, which some consider to be the "Superbowl of all eating events." |
Dems' 60-Vote 'Supermajority' May Have CracksMinnesota's Al Franken to the U.S. Senate's Democratic fold may give the party a supermajority, but using that leverage may remain difficult, lawmakers say. The absence of two Democrats because of illnesses, senators' ideologies and some members' willingness to break ranks won't make advancing contentious legislation easier, The New York Times reported Thursday. |
The holiday weekend approaches, allowing ample opportunities to reflect on both freedom and fun. |
Study Reveals Lack of Board DiversityA new report states it in black and white: Color is lacking on the boards of directors of the 46 largest independent foundations in the United States. The Greenlining Institute has found that although a quarter of all board directors of the ...continue |
HB 500 Persevere Through Bearish YearWith 2007 marking the start of the worst recession since the 1930s -- and with the annual Fortune 500 list recently reporting its worst slump ever -- it would be fair to expect the HispanicBusiness 500 suffered the same fate. But they didn't. |
Telefonica, Vodafone Consider Bid for T-Mobil UKTelefonica SA (NYSE:TEF) is eying a bid for Deutsche Telekom's (NYSE:DT) T-Mobile UK, which analysts value between EUR3 billion and EUR4 billion after several years of underpeformance, according to a Financial Times report. |