Thank heavens it's not pretty, not thirsty, not useful, not a bother, not nearby. It looks like a mess of rope. But, oh my, is this plant old. Really, really old.
Deposed Egyptian president Hosni Mubarak and his sons were charged with embezzling millions of dollars in public funds.
T-Mobile is offering three new cell phone plans that start at $30 a month and include 100 free minutes to some countries in Latin America. T-Mobile’s partner in the plans is Univision, the Spanish language broadcast network. If you sign up for a new Univision Mobile plan, you’ll get access to exclusive content.
Luis Miguel Messianu, president and chief creative officer at Alma, a Hispanic and multicultural advertising firm in Miami, says the strength of Univision’s brand could help bring success.
"Why would I leave my AT&T plan and move to this new venture if it doesn’t give me additional perks?" he asked.
Messianu notes that Latino consumers want good content and prices, and that others have failed in targeting them in the past, like ESPN, J-Lo and Verizon.
T-Mobile wants Latino consumers, and it's easy to understand why. Messianu calls them "the original social network." A telecom industry analyst, Roger Entner, says Hispanics are spending more on their smart phones than the average. He notes that the market for Latino smartphone users is worth about $30 billion a year in service revenues.
But when it comes to Latinos, T-Mobile will have to overtake AT&T, Verizon and Sprint.
JP Morgan Chase's $100 million dollar pledge to invest in the Detroit community follows a $15 million investment by Goldman Sachs late last year.
Robin Boyle, a professor of urban studies and planning at Wayne State University, says the investments don't necessarily signal that Detroit is the new darling of Wall Street, but the funds could help the bankrupt city focus on the future, while city managers grapple with billion dollars of debts.Terry Simonette, president and CEO of Capital Impact Partners, a non-profit community development financial institution that is receiving $20 million in loans and $5 million in grant money from Chase, says the group will use the money to help spur development in three Detroit neighborhoods: Northwest, Southwest and Jefferson East. "As people re-occupy those neighborhoods they need food, bakery, they need coffee shops, they need supermarkets," says Simonette.