|
|
|
 Business News
Company to Employ Only the Disabled
 Angélica Simón
A disabled resident of the capital was inspired by a workshop in Japan to open a business giving work to the handicapped.more »»»
Google Billionaires Reduce Pay to $1
 Associated Press
The trio of billionaires who run - and own much of - online search engine leader Google Inc. reduced their individual salaries to $1 last year and rejected a recent attempt to give them a raise.more »»»
Concerns Ease, Peso Advances
 Thomas Black
Mexico's peso had its biggest gain in a week on Friday after Mexico City Mayor Andrés Manuel López Obrador urged his supporters not to block streets and take government offices to protest congress' decision to have him face criminal charges.more »»»
Major Port Proposed for Baja Region
 Chris Kraul & Deborah Schoch
A coalition of shipping and freight concerns announced plans Friday for a $1-billion port on deserted seaside farmland about 150 miles south of Tijuana on the Baja peninsula.more »»»
Inflation Accelerates by 0.45 Percent in March
 Wire services
The rising consumer price index may lead Central Bank Governor Guillermo Ortiz this month to raise interest rates for the 13th time since February 2004.more »»»
Walmex 1st-Qtr Net Rockets By 35 Percent
 Wire services
Wal-Mart de Mexico SA, Latin America's largest retailer, boosted profit by about 35 percent in the first quarter after Mexico had its biggest surge in consumer spending in four years.more »»»
Ramírez: Pemex's Future Unstable
 Wire services
The nation's state-run oil monopoly is "on the verge of bankruptcy" with total liabilities of US88.5 billion and an annual investment requirement of US10 billion, the firm's top executive said Thursday.more »»»
Landlocked Queen Short Of Cash
 Reuters
The California operator of the Queen Mary has filed for bankruptcy, putting in doubt the future of the famed ocean liner turned tourist attraction, a spokeswoman for the company said.more »»»
Fear of Political Unrest Roils Mexican Markets
 Marla Dickerson
The possible ouster of a leading contender from the 2006 Mexican presidential race is rattling financial markets here, with investors wary of a full-blown crisis that could derail an economic recovery.more »»»
The High Cost of Cheap Labor
 Richard Lamm
Illegal immigrants are generally good, hard working people who will quietly accept minimum wage (or less), who don't generally get health or other benefits, and if they complain, they can be easily fired.more »»»
Mexico Calls For More Checks On Big Businesses
 El Universal
Banking and business scandals in recent years are prompting Mexico to seek ways of modernizing corporate regulation so that deceptive or corrupt executives can be punished, but without a prosecution frenzy that might harm capitalist enterprise here.more »»»
Oil Tops $58; OPEC Discusses Output Rise
 Reuters
Oil prices raced to all-time peaks Monday, climbing above $58 a barrel, while OPEC producers said they had begun discussing a second output rise to try to quell the market's rally.more »»»
US Stocks Touch New Lows for the Year
 Reuters
US stocks touched new lows for the year this week, as higher oil prices reignited fears about corporate profits, while heavy equipment makers such as Caterpillar Inc. tumbled.more »»»
Mexican Bolsa Has Biggest Monthly Drop Since 2002
 Bloomberg
Mexico's benchmark stock index had its biggest monthly decline in almost three years as rising interest rates in the US lured money from riskier assets such as emerging market equities.more »»»
Japan, Mexico Launch Free-Trade Pact
 Wire services
Japan and Mexico launched a free trade agreement Friday after nearly three years of discussions and delays, with Tokyo hoping to boost exports of autos and electronics to North America and Mexico betting it can lure investment and export more products.more »»»
Gil Díaz Presents Bill to Congress
 Wire services
Finance Secretary Francisco Gil Díaz asked Congress to pass legislation expanding shareholder rights and easing requirements for companies to sell shares as he seeks to spur growth of the local stock market.more »»»
Si Se Puede - The Legacy of Cesar Chavez
 Dick Meister
March 31 is a special day in seven states and dozens of cities - and should be. It's Cesar Chavez Day, honoring the late founder of the United Farm Workers union on the 78th anniversary of his birth.more »»»
Final Chapter Nears in Riggs Bank Drama
 Marcy Gordon
A near-final chapter in the international drama of Riggs Bank is unfolding in a federal courtroom as a judge prepares to rule whether the Washington institution is being punished enough for failing to report its suspicious transactions involving foreigners, including former Chilean dictator Augusto Pinochet.more »»»
Wolfowitz for World Bank? Ask the Mexicans
 Sarah Whalen
Paul Wolfowitz, Bush’s deputy secretary of defense and Iraq invasion orchestrator, now wants to be president of the World Bank, where his “gender banking expert” girlfriend works.more »»»
How Much Longer Can the American Economy Live on Credit?
 Eric Leser
Growth of today's global economy rests in large part on American consumption. It represents a little less than 70% of the United States' Gross Domestic Product and close to 20% of world economic activity.more »»»
Trading Places: Real Estate Instead of Dot-Coms
 Motoko Rich & David Leonhardt
Real estate-crazed Americans have started behaving in ways that eerily recall the stock market obsession of the late 1990's.more »»»
Paris Hilton Promotes Wares in Mexico
 Associated Press
Paris Hilton arrived in Mexico to promote her perfume, book and film projects, saying she also wants to shop and visit the pyramids.more »»»
North America to Strengthen Treaty
 John Rice
The leaders of the United States, Mexico and Canada hope to strengthen their free-trade pact with an accord on security, energy and tariffs when they meet next week, Mexico's President Vicente Fox said Wednesday.more »»»
Grupo Mexico to Invest $450 Million to Boost Copper Output
 Bloomberg
Grupo Mexico SA, the world's third-largest copper producer, plans to invest $450 million during the next two years to boost output and may seek acquisitions.more »»»
World Bank Workers Reject Wolfowitz
 Julian Borger
Washington's nomination of Paul Wolfowitz as the World Bank's next president has triggered an outcry among the bank's staff, who have demanded the right to have a say in his confirmation.more »»»
If Currency Goes Cactus, Trust In Silver
 Associated Press
An influential Mexican businessman wants to reintroduce silver coins as legal currency – as in Mexico's 16th century heyday – and, far-fetched as it may sound, the idea is winning support.more »»»
Cemex 3rd Mexican Company in 2 Weeks to Split Stock
 Bloomberg
Cemex SA, the world's No. 3 cement producer, plans a 2-for-1 split of its shares. Cemex is the third Mexican company in two weeks to announce plans to split stock after prices soared.more »»»
Utilities Win Forum Against Enron
 Gene Johnson
Government regulators handed a major victory to Western utilities and cities trying to get out of exorbitant contracts they made with Enron Corp. during the power crisis of 2000-01.more »»»
U.S. Trade Deficit Hits $58.3 Billion as Chinese Imports Surge
 Elizabeth Becker
The United States trade deficit hit $58.3 billion, its second-highest level on record in January, defying predictions that a weakened dollar and lower oil prices would improve the American trade picture.more »»»
Mexico's Carlos Slim Becomes First Latin American Among World's Five Richest Men
 Keralanext
A buying spree and the stellar performance of Mexico's stock exchange helped make telecom magnate Carlos Slim Helu one of the world's five richest billionaires, the first Latin American to earn that distinction.more »»»
Bankruptcy Bill Set for Passage; Victory for Bush
 Stephen Labaton
The Senate assured final passage of the first major overhaul of the nation's bankruptcy laws when it took two votes that cleared the remaining political obstacles to a measure that the nation's credit and retail industries have sought for years.more »»»
Mexican Court Orders Levi to Pay $45M
 Michael Liedtke
A federal court in Mexico has ordered jeans maker Levi Strauss & Co. to pay $45 million to a former contractor wrongly targeted in a police raid seeking to crack down on clothing counterfeiters.more »»»
Mexican Groups Protest Europe Trade Pact
 United Press International
The groups targeted Mexican President Vicente Fox during his meeting with European diplomats, with messages against negotiations with Europe for more public services in areas like energy.more »»»
NASCAR Opens Up Mexican Market
 Paul Newberry
The good ol' boys have already broken free of their Southern roots. Now, they're eyeing a potentially booming market south of the border. Maybe "Pilotos, enciendan sus motores" will someday be as commonplace as "Drivers, start your engines."more »»»
Mexico's Private Sector Key To Government Housing Goals
 Dow Jones
Mexico's housing boom shows little sign of slowing, with the growing presence of banks in the mortgage sector and a nascent mortgage-backed securities market providing a shot in the arm to foment a country of homeowners.more »»»
Investors Bet on Silicon Border in Mexico
 Tim Gaynor
On an empty stretch of Mexican desert where nobody but cowboys now roam, developers see a new, $1 billion high-tech industrial park dubbed the "Silicon Border."more »»»
A New New Year for US Consumer Confidence?
 Jon Cohen
Consumer confidence has broken out of a winter slump, reversing a downward trend after reaching a three-month low last week, with the Consumer Comfort Index gaining three points this week.more »»»
New York Times to Buy About.com for $410 Million
 Julie MacIntosh
The New York Times Co. said it will buy online information portal About.com for $410 million from publisher Primedia Inc. as it looks for new ways to build advertising revenue over the Internet.more »»»
US Casino Tribes Took in $18.5B in 2004
 Associated Press
Indian casinos pulled in $18.5 billion in 2004, a 10 percent increase over 2003 and the latest year of double-digit growth for the booming industry, a tribal group reported Tuesday.more »»»
Disney Directors Win Re-Election
 Harry Berkowitz
One year after a protest vote dominated the Walt Disney Co. annual meeting, shareholders were much kinder Friday amid signs of improvement and reform in the Magic Kingdom.more »»»
Global Warming Bill Means Thousands of New Jobs
 US Natural Resources Defense Council
Major global warming legislation would add more than 800,000 new jobs in America by 2025, according to a new study released today.more »»»
Health Giants Act On Viagra Spam
 Reuters
Pfizer and Microsoft say they are filing parallel lawsuits against Web site operators and spam advertisers that sell illegal versions of Viagra.more »»»
Russian Ural Trucks Delivered To Mexico
 Mikhail Belyat - RIA Novosti
The Mexican Ministry of Navy has signed a contract with the Ural automaker to deliver a new batch of Russian trucks to Mexico, Alexei Kovalev, the head of the Ural plant delegation, said to RIA Novosti.more »»»
Ad Reaction Claims Super Bowl Casualty
 Stuart Elliott - NYTimes
Ford canceled a spot for a new Lincoln truck because of charges from an advocacy organization that it exploited the sex scandals embroiling the Catholic Church.more »»»
Mexico Stocks Set Record, Peso up on S&P Upgrade
 Reuters
Mexican stocks hit a record high on Monday and the peso posted gains after Standard & Poor's raised its main credit rating for the country, opening the door to new investors.more »»»
FBI Foils Kmart Cashier's Scam
 David Shepardson - The Detroit News
A 20-year-old former Kmart cashier armed with an $8 rubber stamp, a laptop computer and an old payroll check nearly defrauded the retailer out of millions of dollars in a brazen stock swindle.more »»»
Most Id Theft Takes Place Offline
 Mindy Fetterman - USA Today
Identity theft is less likely to happen online than through traditional means, like losing or having your wallet stolen, and when the identity of the thief is known, it's more likely to be one of your relatives.more »»»
How to Hire a Web Designer
 Susan Villecroze - SitePoint.com
Today, anyone who wants to provide information, sell something, share information or promote a business knows that a Web presence will help them achieve those goals. more »»»
Chile's Retirees Find Shortfall in Private Plan
 Larry Rohter - New York Times
Nearly 25 years ago, Chile embarked on a sweeping experiment that has since been emulated, in one way or another, in a score of other countries.more »»»
Internet News Sites Are Back in Vogue
 Eric Dash - New York Times
If the demand for online advertising continues to grow, Dow Jones's Web sites, including The Wall Street Journal Online, would not provide enough page views for all the online ads the company could sell.more »»»
Going Offshore How-To For Entrepreneurs
 OffshoreBiz.com
In much the same way that early explorers set out to seek fame and fortune in other lands, today’s savvy entrepreneurs are looking to go offshore.more »»»
Pemex produces 3.38 Million Barrels of Crude a Day in 2004
 Canadian Press
Mexico's state-owned oil monopoly Petroleos Mexicanos, or Pemex, produced 3.38 million barrels a day of crude oil last year, up from 3.37 million barrels daily in 2003, according to recent data.more »»»
This Can't Go On Forever - So It Won't
 The Guardian U.K.
Wall Street economists try to give as upbeat an interpretation as the data will allow: gloom-and-doom forecasts do little to sell stocks, but even the salesmen are predicting a weaker economy in 2005.more »»»
Mexican Stocks Off, Peso Up After Moody's Upgrade
 Reuters
Mexican stocks traded lower on Friday as investors cashed in profits on companies with strong gains in 2004 while the peso strengthened, buoyed by a Moody's upgrade on the it's currency ratings.more »»»
U.S. Trade Gap Widened to Record $60.3 Billion
 Bloomberg
The U.S. trade deficit unexpectedly grew to $60.3 billion in November, the widest ever, as demand for oil and consumer goods drove imports to a record, and exports fell.more »»»
Investing In The Homeland
 Houston Chronicle
The Invierte en Mexico program helps budding entrepreneurs navigate the pitfalls of opening businesses in this nation where red tape routinely bogs down business owners. more »»»
SEC Sues Mexican Television Executives
 Washington Post
Regulators yesterday filed civil fraud charges against Mexico's second-biggest broadcast television company and its longtime chairman, accusing them of hiding the executive's role in a series of transactions that earned him $109 million.more »»»
Mexican Inflation to Fall Faster on Fox Plans
 Bloomberg
Mexican inflation will fall "faster than we expected" in 2005 because of President Vicente Fox's plans to cut electricity rates, reduce import tariffs and lower sugar prices, a central bank deputy governor said.more »»»
Mexican Factories Make Comeback Along Border
 Associated Press
The biggest reason for the comeback is distance: it costs much less to ship manufactured goods to the United States from Mexico than it does from China. For large goods, such as cars and side-by-side refrigerators, shipping prices can outrun savings on labor.more »»»
|
| |
|
|
|
|
Vallarta Weddings
Tell a Friend
Site Map
Print this Page
Email Us
