Hispanic Business Magazine

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Friday, July 6, 2001

Volume 2 Issue 27





Message from Our Sponsor:
American Express Technologies

American Express Logo

A charge card with an embedded smart chip? An online wallet? Where do they get these ideas? A variety of viewpoints, a plethora of perspectives - that's where. American Express Technologies drives the success of the world's premier financial services company. But it's the diversity of our workforce that drives American Express Technologies. Join us. AmericanExpress.


In the news this week…


U.S. Economic Slowdown Hampers Fox's Agenda
The U.S. economic slowdown has thrown a monkey wrench into President Vicente Fox's economic agenda one year after his landmark election triumph.

SBA Offers New Software to Help Small Businesses Start Or Grow
The U.S. Small Business Administration recently announced that its small business clients will have access to a series of new software tools at locations nationwide to help them start or grow their businesses, thanks to a donation by the Microsoft Corporation.

Hispanic-Cuban Chamber of Commerce Proposed
Spanish entrepreneurs with investments in Cuba plan to recommend to the Cuban government the creation of a bilateral Chamber of Commerce to facilitate "better communication" and greater "legal safeguards" for their investments, a spokesman said Thursday.

Hispanic Newspapers Booming in U.S.
The growth posted by Hispanic-oriented newspapers in the United States contrasts with the circulation decrease most other newspapers endured in the 1990s.

AOL Time Warner Forms Fund to Invest in Minority-Run Firms
Media and Internet giant AOL Time Warner announced the creation of an investment fund for businesses in the U.S. technology sector run by women and minorities, including Hispanics.

New Partnership Announced to Invest in Hispanic-Owned Auto Dealerships
The Chicago-based advocacy group LINC (Latino Initiatives for the Next Century) and Millennium LMI recently announced the launch of a partnership program with Ford Motor Company to invest in the creation of 50 Hispanic-owned automotive dealerships.

Funds Rise in Quarter, But Still Down for Year
Mutual fund investors had a good quarter -- but not good enough. The average stock mutual fund rose 8.5% in the 3 months ended June 30, says Lipper, which tracks the funds. But the average stock fund is down 5.8% this year.

Survey: Americans are Looking for Good Corporate Citizens, But Aren't Finding Them
A survey conducted by Hill and Knowlton found that a majority of Americans consider corporate citizenship - the impact a company has on society - when making investment and purchasing decisions. The bad news is that relatively few give companies high marks in this area.

Today's Startups Brave Hostile Environment
Parul Thakore launched a high-tech start-up in October -- the same month that the Nasdaq dropped more than 300 points and 35 dot-com companies called it quits.

Small Business Builder: Networking
Networking, or meeting and mingling with people, is the thing to do for almost everybody - from business owners to managers to salespeople to job seekers to parents to the new folks in town.


Attention HR Recruiters!

Find bilingual professionals with a job posting on the Hispanic Business Career Center. Click here for more information.



Articles from HISPANIC BUSINESS magazine:
Hispanic Business magazine


Money Matters: Recognizing a Market Bottom
The current bear market has been a new experience for many first-time investors who entered the market in the last decade. Historically, economists have identified the most recent bear market as 1973–1974.


Event Announcement

Event Announcement

Multiply Your Profits From The Hispanic Market Boom Through Sophisticated Customer Relationship Strategies
Cutting-edge U.S. Hispanic Marketing & Customer Relationship Strategies conference in L.A. on July 19-20, 2001. Blockbuster clients on speaker roster include American Honda, Great Circle Family Foods (Krispy Kreme), Bank One, Capital One, Allstate, Target Stores, Macy’s West, Royal Caribbean International, Procter & Gamble, Gateway, you name it. Insightful application of Census 2000 data by Carlos Santiago and Featured workshop by veteran Isabel M. Valdes. Conference agenda includes several top-of-the line experts on CRM, E-Marketing, Datamining... Hispanic Business to make a presentation on Reaching Hispanic Businesses and entrepreneurs, a booming segment within the Hispanic market. Reserve your spot today for it's a sure sell out. Contact rranganathan@srinstitute.com or visit our Web site at http://www.srinstitute.com/cm353. Call 1-888-666-8514.



Visit our other sites!

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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