Headlines

Fannie Mae Shakes up Management Team

Mortgage finance giant Fannie Mae shook up its executive ranks Wednesday, after shares in it and sibling company Freddie Mac rose for a third straight day as investors appeared less certain a government bailout of the two troubled companies is imminent.

Hispanic Business Magazine

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Looking for Financing? The Five Things You Should Know First

If your business is looking for an injection of capital, you may know exactly what you want when you approach an investment bank or private equity firm. But what about the lender across the table? What does he or she want and expect from you? Knowing that can make the difference between walking out with a signed deal in your pocket and leaving disappointed and empty-handed. Hispanic Business magazine spoke with several investment firms across the country, all of them familiar with funding for today's fast-growing Hispanic market.

Auto Industry

Photo Gallery: Fuel Saving SUVs For 2008

Ford touts the Escape Hybrid as the most fuel-efficient SUV on Earth. With the front-wheel-drive version getting 34 mpg, City/ 30 mpg, Hwy, they just might be right. The higher fuel mileage in the city is probably due to the regenerative braking which is one of the advantages of this hybrid's technology. Check out the full article for a closer look and 10 more fuel saving SUVs.

Expert Picks: SUVs Rated from 4.0 to 5.0 Stars

High gasoline prices will never eliminate the fact that many people simply need an SUV or crossover for family hauling duties. A quick review reveals that there are many new SUVs and crossovers to choose from, too many in fact, and many manufacturers offer more than one than one SUV in the segment. With such a mind-boggling array of choices, making the right one can be hard.

Finance

Mortgage Application Volume Rises Slightly

Mortgage application volume rose less than 1 percent during the week ended Aug. 22, according to the Mortgage Bankers Association's weekly application survey.

Hispanic Arts & Entertainment

Dexter's David Zayas: From Police Work to Police Dramas and Beyond

You may have seen David Zayas on episodes of today's most popular police procedural shows. If he seems a natural on those programs, it's because he spent 15 years with the NYPD before transitioning into a full-time actor. But Mr. Zayas has stood out in every role of his career, even when splitting screen time with George Clooney and Sean Penn. Currently, Mr. Zayas can be seen on Showtime's hit drama Dexter. He sat down to talk with Hispanic Business about his background, and his life and influences as an actor.

Secretary Bill Richardson? Working the DNC with the Governor

The first in HispanicBusiness.com's exclusive reports from the Democratic National Convention: New Mexico Gov. Bill Richardson said he would like to have "influence" in a potential Barack Obama administration. With Sen. Joe Biden named the vice presidential running mate, and thus no longer a competitor for a potential Secretary of State job, Richardson could be a potential choice for the cabinet post. "That would be hard to turn down," Richardson said at a pool party for his home state delegation on the top of the 6th floor of the Crowne Plaza Hotel.

HB Rankings

The Hispanic Business 500: Tough Economy Challenges Hispanic-Owned Firms

The Hispanic Business 500 have endured turbulent economic times before, but market conditions proved especially bearish for U.S. Hispanic companies in 2007. Revenues for this year's HB 500 slid backwards 0.6 percent to $36.1 billion. It is the first such dip since 2002, and only the third in the directory's 26-year history. It should come as no surprise that more than 41 percent of CEOs cited market conditions as the top barriers to growth in 2007.

Technology

eBay's Biggest Challenge: Amazon.com

Once the undisputed leader in e-commerce, eBay is increasingly in danger of being eclipsed by its more nimble rival, Amazon.com. Even as eBay tries to be more like Amazon -- by pushing fixed-price listings and emphasizing trust and safety -- Amazon is becoming more like eBay.