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Wednesday, January 22, 2003

Volume 4, Issue 3

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In the news this week...

Roundtable Researches Minority Business Growth
The Minority Business Roundtable (MBRT), a national organization for CEOs of minority-owned businesses, announced it will undertake a research project on minority business growth in the U.S.

2003 Economic Outlook for California
This will be another year of two Calif. economies…one healthy and the other stagnant. One ahead of the U.S., the other lagging behind.

President to Hike Minority Funds
The White House called news agencies yesterday to note that the president has asked for increases in several small federal programs to assist African-American and Hispanic colleges.

Kmart Names New CEO
Beleaguered Kmart Corporation, which a year ago became the largest retail bankruptcy in U.S. history, appointed Julian C. Day as new chief executive officer Sunday as it tries to recover from insolvency.

Bush Says Plan Targets Small Businesses
President Bush said Saturday his 674-billion-dollar economic recovery plan was aimed primarily at helping the small businesses that account for half of U.S. production.

Super Bowl XXXVII Reaches Out to Latino Community
This year the NFL will reach out to the Latino community in San Diego and Tijuana through its first-ever Super Bowl Latino Leadership Initiative. The program will focus on education and leadership opportunities for Latinos, which will include a series of workshops and seminars, youth football clinics, scholarships and ongoing financial support.


Minority Automobile Dealer Associations Merge
The National Association of Minority Automobile Dealers (NAMAD) and the National Association of Hispanic Automobile Dealers (NAHAD) have agreed to unite in their quest for fairness and diversity in the automobile industry.

USHCC To Host Free Franchising Seminar in Dallas
The United States Hispanic Chamber of Commerce (USHCC) will offer a free franchise seminar series in Dallas, Texas beginning on February 6, 2003.

Ralph Alvarez to Oversee U.S. McDonald's
McDonald's Corp. said Wednesday it has named Ralph Alvarez to oversee the company's more than 13,000 restaurants in the United States.

Office Supplies En Espanol
Recognizing the valuable role of Hispanic businesses in today's marketplace, Office Depot, Inc. today announced the launch of its new Spanish-language Web site.

White House To Oppose Michigan Policy of Race-based Admissions
The Bush administration plans to oppose a University of Michigan program that gives preference to minority students, administration officials said late Tuesday. The decision pulls the White House into the largest affirmative action case in a generation.

Venture Capital Downturn Worsens
Industry insiders warned Tuesday that returns from venture funding of new companies appear unlikely to bounce back any time soon.

From the current issue of

Hispanic Business magazine

Getting Beyond A Bachelor's Degree
Although Hispanics are attending college in record numbers, a paltry few are going on to graduate school. The last in a three-part series on educating tomorrow's Hispanic leaders.

Elite Company
This year’s Hispanic Business Entrepreneur of the Year finalists hail from the aerospace, auto retailing, and telecommunications industries.

Visit our other sites!

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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