|Tuesday, April 4, 2006 • Volume 4, Issue #170||Home||Research||Magazine||Contact Us|
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In Illinois, the number of Hispanic-owned firms climbed to 39,553 in 2002, up from 31,010 in 1997. At that rate, Hispanic businesses could total 50,000 this year, the Illinois Hispanic Chamber of Commerce reports.
When Al Cabrera joined as a partner in a single Burger King franchise two decades ago, he had ambitions. Flash forward to 2006: there's Cabrera at the helm of 259 Burger King franchises, making him the fast-food chain's second-largest franchisee.
Lucent Technologies Inc, the largest telecommunications-equipment maker in the US, and its French competitor, Alcatel confirmed their merger Sunday.
The US economy grew at a 1.7 per cent annual clip in the fourth quarter of 2005 as consumers kept their wallets closed. It was the slowest pace in nearly three years, but experts predict that the lull in economic growth was temporary.
General Motors Corp said Monday it sold a majority stake in its financial services unit to a group led by Cerberus Capital Management LP, earning GM about 14 billion dollars over three years.
The furor over immigration that is raging in Congress, on radio talk shows, on cable TV shoutfests, and in the conservative blogosphere is actually a high-stakes duel over the image and direction of the Republican Party.
By means of pacific marches during the 1960s and 1970s throughout California, Arizona, Texas and New Mexico, Cesar Chavez became the driver of a movement that demanded better wages, decent living conditions and medical benefits for crop workers.
Thousands of demonstrators again took to the streets of several U.S. cities in support of legislation that could provide a pathway to legalization for millions of undocumented immigrants.
More than 20 percent of Cubans are 65 or older, while a scant 4 percent of Mexicans are in that age bracket. On the other hand, 37 percent of Mexicans and 31 percent of Puerto Ricans are younger than 18.
While the U.S. median age continues to rise, from 35.3 years in 2000, the median age of Hispanics remains the lowest of all groups. Demographers predict faster growth among young Hispanics than among other young ethnic groups for the next decade.
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|From the current issue of Hispanic Business magazine...|
Traditional private equity isn't the only way to invest in the future growth of Hispanic entrepreneurs.
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