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Eurozone
A surge in exports, a rebound in the building sector and a pickup in investment resulted in the German economy reporting its fastest economic growth rate in two decades during the second quarter of 2010, the statistics office said Tuesday.

Sales of existing homes in the U.S. plunged to their lowest level in 15 years as government tax incentives expired, signalling deep trouble for a housing market that launched the country into crisis in 2008.

Private-sector job creation has been weak in recent months, as few companies seem comfortable taking on the risk of new hires. But anemic job reports may also be attributable, at least in part, to hiring alternatives.

Elin Nordegren and Tiger Woods are officially divorced, according to a statement posted by their lawyers on the golfer's web site Monday.

A great Hispanic leader passed away Wednesday with his wife by his side. Dr. Mario G. Obledo, president of the National Coalition of Hispanic Organizations, died of a heart attack near his home in Sacramento.

Israeli Prime Minister Benjamin Netanyahu and Palestinian President Mahmoud Abbas have agreed to relaunch direct negotiations on Sept. 2 aimed at restoring peaceful relations between the two long-feuding nations.

New claims for jobless benefits went the wrong way last week, dampening hopes of a job market turnaround and raising fears the recession will grind on and deepen.

HispanTelligence Research
HB500
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 2009 directory provides the top 500 Hispanic-owned companies list in Excel format including: CEO names; company addresses and telephone numbers; e-mail addresses for 310 companies and Web addresses for 456 companies; and company revenue and employees numbers for 2008 and 2007.

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.

Download a FREE copy of Hispanic-Owned Businesses - Growth Projections to 2012
Recursos Para Negocios
U.S.Hispanic-owned firms are expected to reach $539.0 billion by 2012. Download a free copy of the Hispanic-Owned Business Growth Projections at Hispanic Business Recursos Para Negocios site brought to you by Aflac.

From the current issue of Hispanic Business magazine...
HB500
The combined revenue for the nation's 500 leading Hispanic-owned firms plummeted in 2009 by an astonishing 16.6 percent, to $30.1 billion -- the largest one-year drop in the 28-year history of the HispanicBusiness 500.

Last June General Motors was staring into an abyss. Fast forward 12 months and the company has repaid around $8 billion of debt and just announced its first quarterly profit in almost three years. So yes there's been a recovery. But it's been a rollercoaster ride for GM shareholders and employees, and for scores of the company's Hispanic dealerships, which have experienced all the ups and downs of their corporate parent.

With the tough economic year of 2009 now safely in the rearview mirror, a clearer picture of the damage wrought by the recession is emerging.

Molina Healthcare has surpassed Brightstar as the No. 1 company on the HispanicBusiness 500 list.





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