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Wednesday, July 9, 2003

Volume 4, Issue 27

In the news this week...

Web Site for Political Organizations Improves Filing and Disclosure
The Internal Revenue Service has launched a new Web site that makes it easier for political organizations to electronically file required documents and greatly improves the public's access to them.

Baker Stands by Heat Comments
Chicago Cubs manager Dusty Baker, dismissing suggestions he made a racist assertion when speaking with reporters about day baseball, stands by his comments that black and Hispanic players are better suited to playing in the sun and heat than white players.

Welcome Rain in the Tech-Spending Desert
This year is shaping up as the third disappointment in a row for corporate technology spending. After a weak first half, it'll take a surge from now to December for this year's total to merely equal U.S. businesses' 2002 tech spending of $312 billion.

NAHP Board Votes Against Univision/HBC Merger
The board of the National Association of Hispanic Publications (NAHP) decided by majority vote this week to declare a public opposition to the Univision/Hispanic Broadcasting Corporation (HBC) merger expected to be voted on by the Federal Communications Commission in the near future.

Report Shows Climbing Hispanic Spending
The fact that the Hispanic market is the fastest growing minority and media consumption group has been well-documented lately. Now, a new report shows that in 2002 marketers continue to fuel double-digit ad spending growth in the category.

Ventura Man Elected to LULAC Office
Dave Rodriguez of Ventura was elected to be vice president of the League of United Latin American Citizens for its far west region.

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SBA to Launch Minority Blitz
Staffers from the SBA will spend the week of July 14 seeking out minority- and women-owned businesses in New York City neighborhoods with high concentrations of Asian, black and Hispanic businesses to spur interest in the agency's programs.

More Latino Characters Doesn't Always Translate to Better Shows
Yes, we should see more Hispanics on television, but it would be nice if some of them were interesting characters on first-rate shows. Wouldn't it be nice to see a Latino starring in "24," "C.S.I." or "Friends?"

A Call for a National Hispanic-American Game Plan
There is an increase in political anticipation throughout the country now that Hispanics are the largest ethnic minority group in the nation. Yet turnout among eligible Hispanic-Americans in national elections remains dismal compared to other ethnic groups.

Minority Builders Decry Chicago-Area Suit on Contract Quotas
African-American and Hispanic aldermen joined forces with minority contractors on Tuesday to denounce a federal lawsuit seeking to overturn an ordinance requiring that 30 percent of city construction contracts go to firms owned by minorities and women.

Depreciating Dollar Increasing Sales, But Not Hiring
The depreciation of the U.S. dollar is having a less positive impact on capital spending and hiring than it is on sales, says a Duke University finance professor.

MTV Europe Set To Launch Channel Exclusively For Portugal
In line with MTV Europe's commitment to its long-term regional expansion strategy, MTV Europe is set to launch its 11th channel, MTV Portugal on July 3.

From the current issue of

Hispanic Business magazine

Hispanics Greet the Wireless World
With each passing year, economic forces produce more multinational companies of all sizes engaged in wireless, Internet, and data management technologies. The Hispanic market must develop 21st-century CEOs to run those enterprises.

A CEO's Best Friend
Hispanic senior executives sound off about the high-tech gadgets they couldn't live without.

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HBEvents.com provides the most up-to-date information on Hispanic Business Inc. educational services and events, including the Hispanic Business Magazine Entrepreneur of the Year.

HispanTelligence.com contains quantitative data and a qualitative analysis on the U.S. Hispanic market. It allows researchers and business planners to access data on the Hispanic market.

HireDiversity.com, the recruiting branch of the family, offers an efficient place for minority job-seekers and diversity-minded employers to meet. The site also offers an array of diversity news.

SuperOnda.com is the site of the sister magazine of HISPANIC BUSINESS. It aims at passing along the Hispanic heritage of success to the next generation of young Hispanics. The site features a list of the best schools for Hispanic students, career development resources, musical and entertainment reports and much more.

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