Hispanic Market
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Hispania Capital Partners, a Chicago-based private equity firm focused on the U.S. Hispanic market, has acquired a substantial interest in Miami-based Master Restaurant Developers (MRD).
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Cairo Corporation, an Hispanic-owned IT consulting firm that ranked 28 on the 2005 Hispanic Business 100 Fastest Growing Companies directory and 344 on the HB 500, has been rated at "Maturity Level 2" by the Carnegie Mellon Software Engineering Institute (SEI).
Adorno & Yoss, the biggest minority-owned U.S. law firm with 16 offices nationwide and in Latin America, was recently named 2005 "National Supplier of the Year" by the National Minority Supplier Development Council (NMSDC).
Business
The U.S. Senate has passed an amendment adding $130 million to the President's budget request for the Small Business Administration (SBA), bringing the agency to a total of $754 million for next year.
The hundreds of thousands of Hispanics who have settled in Central Florida are contributing more to the area than just raw population growth. They now pumps more than $16 billion into the region.
A federal judge said he intends to order Google to turn over at least a slice of the company's closely-guarded Web-site data to the federal government in a case viewed by many as a test of how much control Internet search engines have over their Web traffic.
Politics
Vicente Fox won the Mexican presidency in 2000 by using his charisma and marketing savvy to sell himself. Today, as Fox nears the end of his six-year term, the former Coca-Cola (KO) executive enjoys a popularity rating of nearly 70%.
Though he has come a long way, Fabian Núñez keeps in mind his humble roots as the son of poor Mexican immigrants as, from his post as head of the California state assembly, he ensures recent arrivals' access to public resources.
The Senate voted Thursday to raise the amount of money the federal government may borrow to almost $9 trillion and later passed a $2.8 trillion budget plan forsaking President Bush's tax cuts and Medicare curbs. A narrow 52-48 vote across partisan lines, in which three of 55 Republicans sided with Democrats against it.
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