|Tuesday, April 25, 2006 • Volume 4, Issue #173||Home||Research||Magazine||Contact Us|
Wall Street analysts were abuzz over the disclosure that Carlos Slim Domit, scion of Mexico's wealthiest clan, has purchased a 2.8 percent stake in Univision Communications. According to analysts, Univision's foreign ownership share may be already over the 25 percent federal limit.
Advertisers' efforts to reach Hispanic consumers are becoming more targeted, and language is a major factor. Advertisers spent more than $3.3 billion to market products to U.S. Hispanics in 2005, a 6.8 percent increase from 2004.
Two surveys show that the U.S. labor market is tightening and that employers may soon experience a serious shortage of skilled workers. The firm's quarterly Job Market Index survey of 3,000 job seekers found that in the first quarter, the median job search was the lowest job-search time recorded since the second quarter of 2001.
Internet giant Google reported Thursday its first-quarter profit rose 60 percent from a year ago to 592 million dollars as revenues surged 79 percent.
Finance ministers and central bank chiefs of the Group of Seven industrialized nations cautioned against rising oil prices and imbalances as risk factors in the global economy at their one-day meeting held here Friday.
When Congress went home for a 16-day recess two weeks ago, it left behind a mountain of unfinished business. This includes legislation on immigration, pension policy and taxes - and the small matter of a $2.8 trillion budget. Members had planned to finish all that after returning from a seven-day St. Patrick's Day vacation, but the Easter break got in the way. At this rate, voters are not going to ask if this Congress can be saved, but whether it is worth saving at all.
The New Mexico State Treasurer's Office was awash with kickbacks during the eight years Michael Montoya headed it, according to Montoya's testimony Wednesday.
Mayor Ray Nagin got the most votes in Saturday's mayoral primary by a comfortable margin, but he will probably need to broaden his support among white voters to defeat Lt. Gov. Mitch Landrieu in a runoff May 20, political analysts here say.
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The geographic dispersion of the U.S. Hispanic population continues. States with small Hispanic populations have shown the greatest growth in the last decade — with seven of the 10 fastest-growing states in the South.
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|From the current issue of Hispanic Business magazine...|
Elite Women 2006. The world of IT never stops turning for Patt Romero Cronin, IBM's vice-president of Global Business Transformation. In that role she led a global team of more than 12,000 IBM consultants who helped clients plan, design, and implement e-business solutions.
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