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Members of the first-place team Dawn Ferrezza (far left) and Judy Chu (second from right) pose with event mentor Juan Gabriel (second from left) and event judge Javier Suarez (far right) during the final day of the Startup Weekend in Philly on Jan. 26. Photo: Jensen Toussaint/AL DÍA News. 

On Jan. 24-26, the global Startup Weekend came to Philadelphia for the second year in a row, in an effort to increase entrepreneurship in the city.

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[OP-ED]: Is corporate ‘short-termism’ a myth?

 02/10/2017 - 07:11
When the business climate is exceptionally uncertain, there’s a natural inclination to hold back. Whatever ails the U.S. economy, it’s a lot more complicated than selfish short-termism.

You’ve heard the criticism. Too many American corporate managers are addicted to “short-termism.” They postpone investments and other costs, sacrificing future performance for present profitability. Either they’re pressured by “activist investors” or want to inflate the value of their stock options. If true, it could help explain the economy’s lackluster performance. Now, a new study asserts that it is true.

The study is intriguing -- but be skeptical; it has some glaring weaknesses.

Plain Text Author: 
Robert J. Samuelson

Un problema más grande que el muro

 02/09/2017 - 13:59

El pueblo mexicano inauguró el 2017 con un aumento del 20.1% para las gasolinas y un 16.5% para el diésel, un mercado “inédito” de gasolinas en casi 80 años de monopolio de la empresa estatal Pemex, según reporta la BBC.

Este aumento es producto de un nuevo esquema de venta de gasolinas introducido por la reforma energética del país que plantea la erradicación del precio único fijado por el gobierno y las estaciones de una sola empresa, dando paso a una competencia abierta entre varias marcas y gasolineras.


[OP-ED]: ¿Es el “corto-plazo” corporativo un mito?

 02/09/2017 - 08:50
Cuando el clima empresarial es excepcionalmente incierto, existe una inclinación natural a no invertir. Sea lo que sea que aqueje a la economía norteamericana, es mucho más complicado que una egoísta perspectiva a corto plazo.

Ya escucharon esa crítica. Muchos gerentes corporativos norteamericanos son adictos al “corto-plazo”. Postergan las inversiones y demás costos, sacrificando un desempeño futuro por las ganancias presentes. O bien están presionados por “inversores activistas” o desean inflar el valor de las opciones de acciones. Si eso es cierto, podría explicar el desempeño deslucido de la economía. Ahora, un nuevo estudio afirma que esto es cierto.

El estudio es interesante—pero sea escéptico; tiene algunos puntos flacos evidentes.

Plain Text Author: 
Robert J. Samuelson

Success of Food Trucks Draws Hispanics into the Restaurant Trade

 02/01/2017 - 04:26

Over the past few years, big cities have seen a boom in the food trucks that travel around town offering their fare, a success that has inspired many Hispanic food truckers to take the next step and open traditional restaurants that offer their usual menus to diners in less of a hurry but eager to get the same quality and originality.

Plain Text Author: 

A Night of Alegría

 01/30/2017 - 17:15

The Greater Philadelphia Hispanic Chamber of Commerce held its annual Alegría Ball at the Curtis Center by Independence Hall this past weekend. The Alegría Ball is the GPHCC’s signature fundraising event benefiting the Small Business Development and Education programs, which offer workshops, seminars, minority business services, technical assistance, and business development opportunities throughout the year for Latino businesses across the region.

Mind the Gap.Trump Infrastructure Projects list includes Philly bridges

 01/26/2017 - 05:13

Donald Trump's visit to Philadelphia today is expected to spark protests and demonstrations around the city.

One good reason is that the President signed an executive order on Wednesday to strip federal funds from sanctuary cities like Philadelphia. As far as our city maintains its status as a "4th Amendment" or sanctuary city,-in order to protect illegal immigrants-  the executive order will prevent it from getting access to any federal grants, blocked by the Department of Homeland Security.