Top Stories Complimentary Hispanic Business subscription
stimulus plan, president obama, congress, house vote, stimulus passes, CAGW, La Raza, Bill Richardson
The nearly $820 billion economic stimulus package promptly passed by the House of Representatives on Jan. 28 was seen by Democrats as a week-one victory for newly elected President Obama. Yet with no GOP votes and the document's availability for public viewing, adulation for the plan is beginning to slip and citizens hungry for a recession reversal are wondering if the plan will live up to its hype.

While the whole economy battles the recession, the auto industry seems to have been hit particularly hard. The truth is that every negative impact on one of the major automakers worldwide has a major impact on the dealerships or franchises that sell the vehicles. Hispanic Business had an opportunity to talk to four Hispanic dealership owners to see how they are faring. Their examples illustrate many of the difficulties that dealerships nationwide are experiencing.

For a chef, opening a restaurant is always challenging. But Chef Alex Garcia had some interesting things to take into consideration for Boca that most other chefs don't: the noise. Boca is part of the recently reopened, popular Los Angeles music spot The Conga Room. We spoke with The Conga Room's founding partner shortly after the venue's star-studded grand opening; now we've caught up with Garcia to discuss the culinary component of the venture.

The National Hispanic Media Coalition held a conference this morning in Washington, D.C. petitioning Congress and the Federal Communications Commission to update their 1993 report on hate in the media. Alex Nogales, president and CEO of NHMC, presented a three-pronged approach that aimed to attenuate the problem as well as provided a methodology created by UCLA that attempts to scientifically identify hateful language.

HispanTelligence Research
Hispanic Economy in Transition Cover Art
Hispanics are now the largest ethnic minority in the United States and during the past decade, U.S. Hispanic purchasing power has rapidly increased. This report takes an in depth look at how today's Hispanic Economy is transitioning into an economic power in the U.S. Click here for the executive summary and table of contents!

The number of Hispanic-owned businesses in the United States is expected to grow 41.8 percent in the next six years to 4.3 million, with total revenues surging 39 percent to more than $539 billion, according to new estimates by HispanTelligence. Spurred by growing entrepreneurial trends and affluence among the nation's largest minority population, the increase is expected to come at a robust rate of 8.5 and 8.7 percent, respectfully, over the next couple years.

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.

From the current issue of Hispanic Business magazine...
corporate elite, hispanic executives
With the country's first African-American president in the White House, 2009 could be considered a breakthrough year for diversity. However, diversity at America's key companies still falls short of reflecting our society as a whole. The book is hardly closed, however, on the story of Hispanic diversity in corporate America. In fact, a look at Hispanic Business Media's 2009 Corporate Elite suggests that Hispanics are slowly but surely transforming the face of executive management at America's companies.

Since September 15, the global economy and financial system have been collapsing at an unprecedented speed. Now, in 2009, we're heading into uncharted territory, in which neither the depth nor length of the recession is known and the previous certainty of economic policy tools is in question. In 2009 and beyond, the world is not facing a cyclical reduction of economic activity -- one that can be fought with lowering interest rates and a moderate stimulus package.

One of the buzzwords of the decade is convergence. Manufacturers are trying their best to squeeze feature after feature into every device, things we didn't know we needed until we find ourselves addicted to them. There's a reason that the BlackBerry line of phones has been nicknamed the "crackberry," after all. Tech Vault tried out the the much-anticipated BlackBerry Storm. I'll say this up front: The technology is impressive and the style is sharp. But how it performed is another story -- one that requires more nuance than a simple thumbs up or thumbs down.

Despite a mountain of economic uncertainty resting on their shoulders, Hispanic Business Media's 2009 Corporate Elite, represent 25 leaders who have defied expectations and obstacles to rise to the top of their industries.

Hispanic Business magazine's 7th Annual Woman of the Year Awards Gala
Do you know a Hispanic woman who has exhibited uncommon courage, strength and success in her career? Nominate her for the Hispanic Business magazine Woman of the Year awards today! Complete you nomination form at . Nominations due by February 6, 2009.

You are subscribed as #EMAIL#
To UNSUBSCRIBE or manage your subscription options, go to

Please feel free to forward this newsletter

Send any comments or questions to:

Hispanic Business, Inc.
425 Pine Avenue
Santa Barbara, CA 93117

Problems reading this email?
Please go to: here