SMALL BUSINESS / ENTREPRENEUR
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Some of Houston's Hispanic-owned firms are no longer working from the casa. Minority-owned firms like Precision Task Group and Lopez Negrete, who were once run out of the homes of their founders, are now not only working with big businesses but also landing big contracts.
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SCI Consulting Services, a small business owned by an Hispanic woman, was recently awarded a $135 million Information Technology Support Services contract by the U.S. Department of Energy for its Oak Ridge Office of Science, Environmental Management, and National Nuclear Security Administration activities.
While largely disconnected from formal business services, immigrant small-biz owners have been a big driver of economic growth in U.S. cities, a new study finds.
HISPANIC MARKET
ImpreMedia disclosed plans Monday to buy one of the Tribune Company's Spanish-language newspapers, Hoy New York, in an acquisition the Spanish-language media company said would give it a larger share of the region's Hispanic market. Terms were not disclosed.
A witty Bud Light commercial featuring Carlos Mencia as an English instructor has scored high marks on various polls measuring the popularity of Sunday's Super Bowl ads, allowing the LatinWorks ad agency to burst onto the national stage.
A new television network launching next month, V-me, launched in partnership with the Public Broadcasting System, represents the first Spanish-language multi-platform network to partner with American public television.
ON THE MOVE
The newest version of AT&T Inc. is rearranging the executive suites of its combined operations. As part of that, 11 top Hispanic execs with Cingular, SBC, BellSouth and the "old" AT&T have received new postings in the new company's leadership team.
Dr. J. Mario Molina, chairman, president and chief executive officer of Molina Healthcare, Inc., has been named chairman of the board of directors for the The Aquarium of the Pacific in Long Beach, Calif.
POLITICS
Benjamin Fernandez, a California financial consultant, ran in the Republican presidential primary in 1980, saying he was the first Hispanic to run for president.
A new generation of Democrats is working to lure Cuban Americans away from the Republican Party they have supported for decades.
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