A National Award-Winning Publication

Rosa Escareño, Commissioner for Business Affairs and Consumer Protection

Rosa Escareño

City of Chicago

As commissioner for Business Affairs and Consumer Protection, Escareño is a cabinet member in Mayor Lori E. Lightfoot’s administration, bringing modernization and equity to Chicago’s marketplace.

Escareño has made public service her life’s work, and she has worked under three Chicago mayors. She has managed day-to-day operations and implemented policy reforms across multiple city agencies, and throughout her career has championed initiatives to enhance the quality of life of Chicago residents.

During the Covid-19 pandemic, Escareño has been at the forefront
of Chicago’s business recovery, including administering $120 million in business financial relief and setting up protections for

essential workers. She has modernized enforcement to improve Chicago’s hospitality industry and night-life operations,

and to address problem industries. And she led labor initiatives such
as Chicago’s minimum wage, paid sick leave and fair workweek ideas.

Many years before taking her present position, Escareño was already a great friend of Negocios Now, providing us with useful information for entrepreneurs and helping in our constant search for stories for

our readers. She is a champion, opening doors of opportunity to all businesses in the city.

Escareño  holds a master’s degree in communications from Northwestern University and a bachelor’s degree from Loyola University Chicago.

Rosa Escareño is the El Amigo de Negocios Now Award-2020

Apple llega a los “2 trillones” de dólares en capitalización de mercado

San José, CA – 18 de Agosto  (HINA)- Apple alcanzó una capitalización de mercado de 2 billones de dólares (2 trillones),  para convertirse en la primera empresa estadounidense que cotiza en bolsa en alcanzar el hito.

Según un recuento de acciones de más de 4.275 millones, Apple rompió la barrera justo antes de las 11 a.m. ET, cuando su precio subió a $467,77. 

Sin embargo, Apple cayó por debajo de la marca de $2 billones a medida que avanzaba el día, y las acciones cerraron a $462,83, lo que le dio una capitalización de mercado de alrededor de $ 1,98 billones.

Apple alcanzó por primera vez una capitalización de mercado de $1 billón el 2 de agosto de 2018. Wall Street ha esperado en gran medida que el fabricante de iPhone se convierta en el primero en superar los $ 2 billones. 

El 31 de julio, Apple superó al gigante petrolero estatal Saudi Aramco para convertirse en la empresa que cotiza en bolsa más valiosa del mundo.

Pero no pasó mucho tiempo para que otros gigantes tecnológicos, Amazon, Microsoft y Alphabet, igualaran la capitalización de mercado de $1 billón de Apple, apuntó CNBC.

La compañía registró un tercer trimestre históricamente sólido a fines de julio, que incluyó $59,7 mil millones en ingresos y un crecimiento de dos dígitos en sus productos y servicios. 

Si bien la marca es en gran parte simbólica, subraya el éxito del CEO Tim Cook al cambiar la historia de la empresa. Los inversores han comenzado a ver el negocio de Apple menos como otros fabricantes de hardware y más como una compañía de software, como lo indica la relación precio-ganancias en rápido aumento de Apple, que ahora supera los 33.

University of Illinois gets approval for rapid COVID-19 saliva test

Chicago.- A breakthrough in COVID-19 testing in Illinois could help slow the spread of the virus.

Officials from the University of Illinois said Wednesday the Food and Drug Administration approved the school’s saliva-based test.

Gov. J.B. Pritzker said the innovative test puts Illinois on the cutting edge of testing. The governor said the test is inexpensive (about $10), faster, and requires less raw materials than other testing methods.

The university developed SHIELD, a three-pronged “target, test, tell” system that incorporates testing with data reporting, modeling and a smartphone app. Results are available on the app in 3 to 6 hours.

University of Illinois President Timothy Killeen said that is key to reducing the spread of the virus.

“Allowing isolation early enough to limit the spread of the infection, and it also identifies and isolates people with asymptomatic cases who otherwise spread the virus unknowingly,” he said.

Dr. Martin Burke, a chemistry professor who helped design the test, said the university performed more than 50,000 tests on faculty, staff, and students in July.

“Over the course of July, we saw a positivity rate of 1.5 percent progressively drop down to below 0.2 percent as we continue to execute this fast and frequent testing on our campus,” Burke said.

Burke said the university expects to test up to 20,000 people a day when the fall semester begins on Aug. 24.

University officials said the test could soon be used in other universities, schools and possibly nationwide. Illinois SHIELD is a unit within the U of I System offices.

COVID-19 cases have been increasing statewide. On Wednesday, Pritzker warned that further mitigation efforts – such as closing bars and restaurants – could be needed. The Metro East area is operating under stricter guidelines after surpassing an 8% testing positivity rate for 3 days in a row, and the region now stands at a 9.4% positivity rate.

On Wednesday, the Illinois Department of Public Health announced 2,295 new confirmed cases of the coronavirus in Illinois, including 25 additional deaths. The new case numbers are the highest single-day total the state has seen since May in part because of the number of people tested.

Statewide, public health officials have reported a total of 211,889 cases, including 7,806 deaths, in Illinois. In the past 24 hours, laboratories have reported 50,299 specimens for a total of 3,489,571 tests statewide since the start of the pandemic.

The preliminary seven-day statewide positivity rate for cases as a percent of the total tests from Aug. 12 to Aug. 18 was 4.4%.

(The Center Square)

NAHP National Conference goes virtual

The 2020 National Association of Hispanic Publications’ Conference Goes Virtual! This virtual convention and business expo gather industry, business, and government leaders from around the United States and Mexico to provide NAHP members with the opportunity to explore best practices, innovative online strategies, and build positive relationships to better serve the Hispanic readership nationwide. With our updated virtual format, you are able to join from the safety and comfort of your own home. Click here to register.

2020 USHCC National Conference

2020 National Conference

Each year the United States Hispanic Chamber of Commerce proudly hosts the largest assembly of Hispanic business owners, corporate executives, procurement leaders, small business members, international trade experts, and champions from more than 250 Hispanic Chambers of Commerce from across the country at our 41st Annual National Conference.

Due to the COVID-19 pandemic, we are combining our spring Legislative Summit event while embracing the latest in virtual technology to deliver a historic gathering with all the traditional features including new opportunities to strengthen strategic long-lasting business partnerships through dialogue, networking, mentoring, educational workshops, great speakers, and advocacy training- all while focusing on our global economic recovery. You will be able to join from the convenience and safety of your home while connecting with leaders from around the world.

Mark your calendars for September 27-29, 2020 as you won’t want to miss this key national business event!

Click here to register!

Click here to view Sponsorship Opportunities!