Diversity Partnership
Diversity Partnership

USHCC President & CEO Javier Palomarez Named Minority Business Leader of the Year

United States Hispanic Chamber of Commerce (USHCC) Board Chairman Nina Vaca today announced that USHCC President and CEO Javier Palomarez has been selected as one of Washington Business Journal's 2012 Minority Business Leaders of the Year.

Business

Fitch Downgrades Greek Debt to Lowest Level

Ratings agency Fitch Wednesday downgraded Greece's debt rating to its lowest possible level, by two notches to C, down from a CCC rating.

Hispanic Business Magazine

Making Inroads

Hispanics make long strides into the executive offices of major corporations. The success and sustainability of a corporation comes from a workforce that is motivated, resourceful and proud of its accomplishments, traits that must be nurtured from the first day on the job through the last.

Auto Industry

Compensation Raised for Ford's Board Members, Edsel Ford II

Members of Ford's board of directors as well as Edsel Ford II will receive higher compensation this year according to a filing Tuesday with the Securities and Exchange Commission.

Kia Reveals Design Sketches of New Luxury Limousine

The South Korean carmaker Kia has revealed design sketches of a new luxury limousine codenamed KH that is expected to go into production this year.

Politics

Japan and U.S. In Talks to Import Natural Gas

The government has asked the U.S. government to grant permission for the export of liquefied natural gas (LNG) produced in the United States to Japan, according to sources.

Green Economy

Demand for Green Home Building and Remodeling on the Rise

According to recently published findings from McGraw-Hill Construction's Green Home Builders and Remodelers Survey, the construction of eco-friendly single-family homes represented 17 percent of the overall American residential construction market in 2011.

HB Rankings

Top 20 Hispanic-owned Companies in Greater Los Angeles Area 2011

The Top 20 Greater-Los Angeles area companies in the 2011 Hispanic Business 500 Ranking produced revenues of $779.71 million and employed 3,812 people in 2010. Thirteen of the twenty companies had revenue increases from 2009-2010, led by Support Services of America in Norwalk with a one-year increase of 82.65%.

Technology

Mozilla Opens App Store In Challenge to Smartphone Giants

In a challenge to the dominance of the smartphone giants, Firefox open-source browser maker Mozilla launched a store for web apps Wednesday, hoping to promote the use of smartphones that are not tied to one company's software.