Top Stories

POLITICS

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The London-based Economist Intelligence Unit ranks Cuba among the world's worst business environments - No. 80 of 82 nations surveyed, with only Iran and Angola rated lower for the past five years.

Prepare for Immigration Reform
The message from a recent seminar for employers on immigration: Changes in federal law may be coming soon, but even so, businesses need to be ready to handle immigration issues now.

House Panel Approves $1.3B in Tax Breaks
It's not like a business group to oppose the largest possible tax breaks for its members. But when it comes to sweetening a minimum wage bill with small business tax relief, the U.S. Chamber of Commerce is backing a House proposal that is a fraction of the size of a tax package passed by the Senate.

The Cost of Citizenship Could Rise by 80 Percent This Spring
House lawmakers Wednesday scrutinized the proposed immigration fee increases, with Democrats saying they were unaffordable and Republicans saying a price can't be put on the benefits of American citizenship.


HISPANIC MARKET

Credit Cards Double-Edged Sword for Many Hispanic Consumers
Credit card use among Hispanics is on the rise and so is their debt, a trend civil rights advocates say could lead many of them to financial ruin unless stronger protections are not put in place, according to a national study released Thursday.

Coalition Calls for BofA Boycott Over Credit Card
A coalition of groups that advocate for tighter borders is calling for a boycott of Bank of America Corp. because of a new credit card that could be used by illegal immigrants.

S&P Sees Growing Financial Risk at Univision
A day after Standard & Poor's Ratings Services cut its credit assessment of Univision debt as a result of the leveraged buyout of the Spanish-language broadcaster, the entity formed to conduct the LBO announced it will offer $1.5 billion of new notes to help finance the deal.

Wal-Mart Budgets Almost a Billion for Mexico This Year
Retailing giant Wal-Mart plans to invest $981 million in Mexico this year in an expansion drive that envisions 125 new stores and the opening of at least 10 bank branches, the chain's first of their kind in the world.

HispanTelligence Research
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More than 20 percent of Cubans are 65 or older, while a scant 4 percent of Mexicans are in that age bracket. On the other hand, 37 percent of Mexicans and 31 percent of Puerto Ricans are younger than 18.

The Fast Growing Hispanic Youth Market
While the U.S. median age continues to rise, from 35.3 years in 2000, the median age of Hispanics remains the lowest of all groups. Demographers predict faster growth among young Hispanics than among other young ethnic groups for the next decade.

2006 Hispanic Business 500 Directory
Get the entire 2006 Hispanic Business 500 Directory in Excel format.

From the current issue of Hispanic Business magazine...
Create Your Hispanic Business Classified Ad Now!
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It was a night for some of the nation's outstanding Hispanic entrepreneurs to stand up and be counted as Hispanic Business Media held its 16th annual EOY Awards Gala.

MAOF Pursuing Funds From Private Sector
The Mexican American Opportunity Foundation is looking to use its reach to educate as many low-income families as possible on everything from avoiding junk food to opening a checking account and it's hoping corporate America will lend a hand.

Opening the Door for Opportunity
After spending most of his 88 years fighting for racial equality, Dionicio Morales' dedication has not wavered, nor his optimism.






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