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Thursday, September 12, 2002

Volume 3, Issue 26

Minority Business Development Agency

In the news this week...

Did the U.S. Economy Withstand the Shock of Sept. 11?
The loss of economic output was $47 billion, making the Sept. 11 attacks the costliest man-made disaster in U.S. history. However, consumer spending has helped the economy rise from the rubble.

Record Number of Latinos Running in Primaries
A record number of Hispanic candidates contested Tuesday's primary elections in 12 states and the District of Columbia, serving as yet another demonstration of the growing role of the U.S. Latino electorate.

Hispanic Firms Cash in on Denver's T-REX Highway Plan
Denver's transportation expansion project, the nation's biggest road-building plan known popularly as T-REX, has been a boon to Hispanic-owned companies, which have earned $18 million in contracts in its first year.

Small Businesses May Apply for Disaster Loans Until Sept. 30
Small business owners who suffered economic losses in the aftermath of last year's terrorist attacks have until Sept. 30 to apply for a U.S. Small Business Administration Economic Injury Disaster Loans (EIDL).

New America Alliance Launches Board of Directors Certification Program
A new program to provide professional development to American Latinos seeking corporate board placements will take place on September 13-14, 2002 in Los Angeles.

Abke Named to the Board of the International Association of Hispanic Meeting Professionals
Cory Abke, director of PCH Hotel Sales for the Los Angeles Convention & Visitors Bureau (LACVB), has been elected Chairman of the International Association of Hispanic Meeting Professionals (IAHMP) Industry Advisory Council (IAC).

Hispanic Express, Inc. Announces Plans to Delist Its Securities
Hispanic Express, Inc. announced that it will file a Form 15 with the Securities and Exchange Commission requesting permission to terminate its registration of its securities under the Securities and Exchange Act of 1934.

The School Voucher Issue: Does Everyone Deserve the Same Education?
The June U.S. Supreme Court decision declared it constitutional for the government to issue school vouchers so parents may send their children to private schools. However, the vote is still out to the public and the debate over educational "fairness" is far from over.

California City Resists Arrival of Mexican Store
For more than a year, Anaheim has resisted plans of Gigante USA, the California arm of Mexico's Grupo Gigante, to open a supermarket in Anaheim Plaza, a historic shopping mall in a run-down section of Anaheim long slated for redevelopment.

Kmart Launches La Vida Magazine
Kmart Corporation (NYSE: KM) announced today its inaugural issue of La Vida magazine, an entertainment and lifestyle magazine that contains features and articles that resonate with the heritage and cultural nuances of the Hispanic community.

U.S. Postal Service

From the current issue of

Hispanic Business magazine

The Wealthiest Hispanics
The 75 members of the Hispanic Business Rich List have a combined net worth of $11.4 billion.

Hispanic Heritage Month -- Calendar of Events
From mid-September through mid-October, National Hispanic Heritage Month observances include an assortment of cultural events and achievement awards.

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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