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Wednesday, December 11, 2002

Volume 3, Issue 39

Hispanic Business Magazine

In the news this week...

Motorola Selects Brightstar Corp. as Exclusive Master Service Distributor for Latin America
According to Motorola, the agreement will increase efficiencies by taking advantage of Brightstar's in-country presence throughout Latin America.

Two Dade Hispanics Set for Top House Posts
Two ambitious Cuban-American legislators have been invited into the inner sanctum of the Florida House, assuming leading roles as the Republican Party looks to tighten its hold on the state's Hispanic voters.

Ralphs Named "Retailer of the Decade" by Mexican American Grocers
Ralphs Supermarkets has been named "Retailer of the Decade" by the Mexican American Grocers Association (MAGA), the nation's largest Hispanic food retailing trade organization.

Minority Entrepreneurs Continue Growth
According to the Census Bureau's most recent Survey of Minority Owned Business Enterprises, more than three million minority entrepreneurs run their own firms.

Silicon Insider: The New Business Battles
As high-tech haltingly emerges from the downturn, the shape of the new era is beginning to emerge. New technologies, opportunities and markets are slowly taking shape. And as they do, new corporate competitors are preparing to battle -- perhaps to the death -- over each of them.

Early Marquez Memoirs Create Publishing Furor
By publishing standards, the figures are staggering. Within a month of hitting bookstore shelves in Spain and Colombia, the long-awaited first volume of Gabriel Garcia Marquez's memoirs has sold more than 350,000 copies and has topped best-seller lists throughout the Hispanic world.


Azteca Foods Strike Heats Up for Velasquez
The union representing striking workers at Azteca Foods Inc. is turning the walkout into a personal fight with company founder Arthur Velasquez, one of the city's highest-profile Hispanic businessmen and a civic leader.

Justice Nears Decision On Univision-HBC
Federal regulators are nearing a key decision on the fate of Univision Communications Inc.'s acquisition of Hispanic Broadcasting Corp. Spanish Broadcasting Systems Inc., which has tried to derail the deal since failing to acquire HBC itself, has told regulators the merger would give Univision control over 69 percent of total Hispanic broadcasting dollars in the top 10 markets.

Minorities' Failure to Vote
Minority voting rates in California are so low that even by 2040, when nonwhites will be two-thirds of the state's population, whites could still represent a majority of voters, according to a new analysis of ballot box trends.

Chiapas Coffee Targets Hispanic Consumers
A year after Sokol Chiapas formed under the Sokol brand, the Mexican coffee is making its debut in cities across the U.S. -- primarily where Hispanic population is dense.

New Report Shows U.S. Proximity Aids Latin Economies
Latin American nations located closest to the U.S. appear to have fared better in general than those furthest away. The new report presents buying power estimates for 18 countries, plus Puerto Rico, and 70 metropolitan markets across Latin America.

Hollywood's Only Major Latino Film Label Releases "Empire"
The significance of "Empire" goes far beyond providing an inside look at the world of Latino gangsters. It is the first movie to be released by Arenas Entertainment, the only major Latino film label in Hollywood.

From the current issue of

Hispanic Business magazine

Language and Markets in the U.S.
Historical trends favor a shift toward English in the U.S. Hispanic market.

A Meta-Study of The Market
Researchers, academics, and marketers look at the issue of Hispanic language usage.

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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