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Gov. Bill Richardson
New Mexico Gov. Bill Richardson, a former candidate for the Democratic presidential nomination, announced Friday that he is endorsing Barack Obama in his presidential bid. Richardson, a superdelegate and the only Hispanic governor in the U.S., is backing Obama even though voters in his home state supported Clinton over Obama, 49 percent to 48 percent. Clinton also received substantial support among Hispanics in New Mexico, winning approximately 60 percent of the Hispanic vote to Obama's 40 percent, according to exit polls.

Emergency Brain Surgery For Navaira
Famed Tejano singer-songwriter Emilio Navaira III underwent emergency brain surgery after he was critically injured in a tour bus smashup in Houston. Navaira, 45, was one of eight people hurt in the accident.

JPMorgan Offers Five Times Original Amount for Bear Stearns
Faced with massive resistance from stockholders, the U.S. bank JPMorgan Chase Monday upped its offer for the ailing investment bank Bear Stearns to $10 a share. JPMorgan originally offered two dollars a share.

Associated Press Announces World Spanish Desk
News giant the Associated Press has announced the creation of the World Spanish Desk, consolidating and reorganizing AP's Spanish-language staff to benefit members and subscribers in the United States and Latin America who receive AP news in Spanish.

HispanTelligence Research
For more than two decades, the annual Hispanic Business 500 directory has served as a barometer of the U.S. Hispanic economy. A purchase of the 2007 directory provides the top 500 Hispanic-owned companies list in Excel format including: CEO names; company addresses and telephone numbers; e-mail addresses for 375 companies and Web addresses for 430 companies; and company revenue and employees numbers for 2005 and 2006.

South Leads US in Fastest Hispanic Growth
The geographic dispersion of the U.S. Hispanic population continues. States with small Hispanic populations have shown the greatest growth in the last decade with seven of the 10 fastest-growing states in the South.

U.S. Hispanic Media Market: Projections to 2010
Advertisers' efforts to reach Hispanic consumers are becoming more targeted, and language is a major factor. Advertisers spent more than $3.3 billion to market products to U.S. Hispanics in 2005, a 6.8 percent increase from 2004.

From the current issue of Hispanic Business magazine...
Create Your Hispanic Business Classified Ad Now!
Myrna Rivera; Sam Ramirez Jr.
Wealth happens, whether through strokes of fortune, like the lottery, or the old-fashioned way, like a gradual accumulation through years of perspiration and inspiration. What should you do with all of the money? Stashing the money under your mattress can't be fun.

The Marathon Club: Building a Bridge to Wealth
Sooner or later entrepreneurs will need business capital, and while private equity is one of the most coveted forms of funding, it remains the most elusive. This is especially true for minority-owned enterprises. While Hispanics and African Americans make up 28 percent of the U.S. population, only 1 percent of venture capital is going to minority communities. This troubling statistic is what drove led to the creation of The Marathon Club--an organization whose primary focus is to increase the flow of capital to minority entrepreneurs.

Six Things You Can Do to Ride Out a Turbulent Market
The markets have taken a beating in the past few months and chances are so has your portfolio. Predictions are the markets will remain choppy in the near future, and the question on a lot of investors' minds is what should I do now? Seeking answers, we recently talked to some top financial experts from around the country. While there's no one-size-fits-all approach, all offered solid advice well worth considering.

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