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Wednesday, January 15, 2003

Volume 4, Issue 2

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In the news this week...

Spanish TV Ad Spending on the Rise
2003 Advertising brief: Spanish TV ads lead the way.

Bankrupt Kmart Set to Announce More Store Closings
Bankrupt retail discounter Kmart Corp. is to announce 25,000 layoffs and 330 more store closings Tuesday, according to the Detroit Free Press.

Affirmative Action Case Presents Difficult Decision for Bush
The latest legal challenge to affirmative action presents President Bush with a difficult decision over who to offend: Longtime conservative supporters or minority voters he would like to attract.

Stick With Your Strategy While Tax Plan is Debated
An analysis released yesterday by T. Rowe Price, the Baltimore fund company, shows the Bush plan, even if it becomes law as proposed, probably will not necessitate dramatic changes in investment strategies.

Tijuana Names Envoy to Orange County, Calif., to Increase Business
For decades, Tijuana found most of its business and social partners directly across the border in San Diego. Now, the city is looking to Orange County for new opportunities.

Final Entry Deadline for 2003 American Business Awards(SM)
American companies in all industries, of all sizes, have until January 21, 2003 to submit nominations for The 2003 American Business Awards.


Imports are Tops With Hispanic New-Vehicle Buyers
There is a clear preference among Hispanic buyers for import makes, according to the J.D. Power and Associates 2002 U.S. Hispanic Automotive Segment ReportSM released today.

Raiders Go Deep for Hispanic Fans
The Raiders have long had a special appeal in the Hispanic community because of players such as Jim Plunkett and Tom Flores (who also was their coach) and by virtue of being situated in cities with large Latino populations. Now, recently introduced media initiatives are showing their committment to loyal Hispanic fans.

Training Programs Geared to Help Women-, Minority-owned Businesses
Two new training opportunities for women- and minority-owned businesses are available in the Mountain State.

U.S. Suit Alleges SBA Loan Fraud by Firm
The lawsuit accuses defendants of diverting nearly $5 million in SBA money to themselves by investing in small businesses the government contends they controlled.

Hispanic Chamber Seeks Legislators' Aid in Winning Contracts
The Denver Hispanic Chamber of Commerce called on state lawmakers to help Colorado's growing number of Hispanic-owned businesses gain better access to financing and government contracts.

Hispanic TV Top 10 Primetime Programs
The top 10 primetime programs among the Hispanic TV households measured by Nielsen Media Research. All are from Univision:

Chicago Hosts Business Conference for Minority and Female Entrepreneurs
Building New Partnerships 6: Entrepreneurial Insights is part of an ongoing series to encourage participation of minority and women-owed businesses in the City's procurement process.

Battle Ahead on Bush Economy Stimulus Plan
As President Bush unveiled his stimulus package Tuesday, Republicans and Democrats began digging in for what promises to be a more bitter struggle over economic policy than Bush faced two years ago when he pushed through a 10-year, $1.35 trillion tax cut with significant bipartisan support.

From the current issue of

Hispanic Business magazine

Federal Resource Guide: 2002-2003
What can entrepreneurs do to increase Hispanic participation in the federal marketplace? The Hispanic Business Magazine Federal Resource Guide 2002-2003 has the tools and information to help jump-start recruiting and procurement efforts.

Celebrating Business Heroes
Hispanic CEOs share their stories about the hunt for a successful market niche.

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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