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Wednesday, October 2, 2002

Volume 3, Issue 29

Hispanic Business Magazine

In the news this week...

Hispanic Business EOY Gala to Feature Cisneros Keynote
Hispanic Business Inc. has announced it will host the 12th annual Hispanic Business EOY® (Entrepreneur of the Year) Awards Gala, October 10 at the Pacific Palms Resort in the City of Industry, California.

Univision Online Becomes First Hispanic Media Company to Join IAB
Univision Online, the most visited Spanish-language Web site in the U.S., will join prominent English-language publishers in a groundbreaking study designed to understand online advertising's role in the media mix needed to impact branding and drive sales.

AOL Looks to Shed Assets
AOL Time Warner continues to look for partners for its struggling AOL Latin America Inc. division, but will consider exiting the business if it is unable to find a way to put it on a path to profitability.

YupiMSN Combats Hotmail Spam with Brightmail
Brightmail to deploy server-side technology on MSN Hotmail network that intercepts junk e-mail before it hits YupiMSN users' inboxes.

Marketers Target Growing Hispanic Segment
From snack foods to sports sedans, American businesses are beefing up their efforts to attract new customers in the growing Hispanic marketplace.

Conference Highlights Marketing Strategies that Resonate with U.S. Hispanic Communities
World Research Group to present its inaugural event on Proven Marketing Strategies that Resonate with U.S. Hispanic Communities on November 19-21, 2002 at the Radisson Deauville Resort in Miami Beach.

Minority Enterprise Development (MED) Winners Announced
Three exceptional minority-owned businesses were named recipients of the U.S. Small Business Administration's most celebrated awards for superior achievement during the 20th National Minority Enterprise Development (MED) Week celebration in Washington, D.C., Friday.

Democrats and Judicial Nominee Estrada Clash at Hearing
Bush administration judicial nominee Miguel Estrada, seen during testimony in Washington September 26, 2002, sought to assure a Democratic-led U.S. Senate Judiciary Committee that if confirmed as a federal judge he would rule in accordance with the law -- regardless if it reflects his conservative views. Photo by William Philpott/Reuters.

Minority Owned Banks Decry Reduction in Maximum SBA 7(A) Guaranteed Loan Program
The U.S. Small Business Administration (SBA) has decided to cut the maximum size of a loan backed by the SBA's 7 (A) program to $500,000 down from $2 million under a new policy effective October 1, 2002.

Site Aims for Contracts ; Looks to Connect Buyers with Women, Minority Businesses
The Chicago Minority Business Development Council and the Women's Business Development Center have teamed up to launch ChicagolandBusinessLink.com, a site that connects corporations looking to do business with such diverse suppliers that are looking for contracts.

Are Small e-Tailers Finished?
When large Internet start-ups folded months after their arrivals, small businesses became increasingly nervous about taking their products to the Web. However, the medium is ripe for small, niche e-tailers that are committed to good service and quality merchandise.

Eighty-Four Percent of Largest U.S. Companies Fail Corporate Responsibility Test
Hispanics continue to be woefully underrepresented in the boardrooms of Corporate America and as executive directors, according to a study released by the Hispanic Association on Corporate Responsibility (HACR), a nonprofit coalition of eleven national Hispanic organizations.

From the current issue of

Hispanic Business magazine

New York Minority Biz of the Year
The Upstate New York Regional Minority Purchasing Council has awarded Minority Supplier of the Year honors to A. Anthony Corp.

SBS Earnings Up
Spanish Broadcasting earned 20 cents per share in the second quarter.

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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