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 Business News
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 Nader: Weak Regulations, Not a Shift in Power
 The Real News Network
Ralph Nader: The US finance reform bill is a set of weak regulations; what's needed is a shift in power.
Mexico Stands to Gain Auto Jobs
 Thomas Black
Mexico’s share of North American auto production may rise at a quicker pace as General Motors, Ford and Chrysler seek out workers making less than 10 percent of what their U.S. counterparts earn.
The Death Of Las Vegas
 Michael Snyder
Local officials are hoping that the worst will soon be over, but the truth is that the worst is yet to come. As the U.S. economy continues to unravel, average Americans will be spending what little money they do have to put a roof over their heads and to feed their families. The truth is that the glory days of Las Vegas are over and they are not coming back.
Women and Power
 Shobha Shukla
Women are joining the workforce in increasing numbers, but still, almost two thirds of women in the developing world work in vulnerable jobs where they are either self-employed or work as unpaid family workers.
Transat Opens Tour Operator for Mexican Travellers
 Brent Jang
Transat A.T. Inc. is diversifying by opening a Mexico-based tour operator, targeting Mexican leisure travellers who take vacations within their own country and in Las Vegas.
Mexico April Industrial Output Rises
 Jens Erik Gould
Mexico’s industrial production rose 6.1 percent in April from a year earlier, the national statistics institute said.
Mexico's Infonavit Sees Loans At Upper End Of 475K-525K Goal
 Laurence Iliff
Mexico's biggest home lender, federal housing fund Infonavit, is on track to reach the upper end of its guidance of between 475,000 and 525,000 mortgages this year, a top executive said Thursday.
Mexico Reports Falling Prices in May, Slowing Yearly Inflation
 Xinhua
Mexico's retail prices fell by 0.63 percent in May from April, the steepest monthly drop on record, according to data published by the Bank of Mexico this week.
Mexico's GAP Airport Group May Passenger Traffic Rises 39%
 Paul Kiernan
Mexico's Grupo Aeroportuario del Pacifico SAB said Thursday that passenger traffic at its 12 airports rose 39% last month from May 2009, when the local H1N1 outbreak caused local air travel to dry up.
Mexico NatGas Well Controlled by Armed Group
 Cyntia Barrera Diaz
An armed group has had control of a natural gas well in northeast Mexico for two weeks, Mexican media said, the latest sign of criminal gangs robbing fuel from state oil monopoly Pemex.
Mexican Police and Miners Clash at Cananea Mine
 Mica Rosenberg & Sean Mattson
exican miners clashed briefly with federal police on Thursday at the Cananea copper mine, raising tensions which could complicate owner Grupo Mexico's efforts to reopen the pit after a nearly 3-year-long strike was broken.
Only a Fraction of Those in Need File for Bankruptcy
 Christine Dugas
US Bankruptcy filings are nearing the record 2 million of 2005, when a new law took effect that was aimed at curbing abuse of the system. Filings could reach 1.7 million this year, but few experts believe that debtors are now gaming the system.
More than 1 in 5 American Children Are Now Living Below the Poverty Line
 Michael Snyder
Perhaps the greatest victims of the economic nightmare that is unfolding right in front of our eyes are our children. The overall economic numbers are really bad, but when you examine the impact that this economy is having on children things get really horrifying.
US Long-Term Unemployed Now 46 Percent Of Unemployed, Highest Percentage On Record
 Jeannine Aversa
If you lose your job these days, it's worth scrambling to find a new one fast. After six months of unemployment, your chances of landing work dwindle.
Mexico's Walmex May Same-Store Sales Up 5.4 Pct
 Cyntia Barrera Diaz
Leading Mexican retailer Wal-Mart de Mexico said on Monday its same-store sales rose 5.4 percent in May from a year earlier, in line with analysts' expectations.
Mexico's Pemex Sues BASF, Others Over Stolen Oil
Robert Campbell
Pemex, Mexico's state oil company, sued German chemical maker BASF AG and several oil trading companies on Monday, alleging they illegally profited from processing stolen oil.
Divorce Rights: Opening A Secret Bank Account
 Nick Kennedy
We don't intend to offer legal advice, and following these steps could get you into more trouble than you ever intended. What follows are ways that some guys have hidden their assets from their spouses, for better or for worse.
Analysis: Slim's Merger Good for Empire, Less So for AmMovil
 Noel Randewich
Tycoon Carlos Slim's plan to consolidate his telecom operations is good for his empire, but it might not be so good for minority shareholders in his fast-growing flagship America Movil cell-phone business.
 Meeting Place Mexico 2010
 PVNN
From June 6-8, buyers from USA, Canada, Europe and Mexico will be in Puerto Vallarta, where they will learn about Mexican tourism from over 100 Mexican tourism destinations, facilities and specialized service providers at the 6th Annual Meeting Place Mexico (mpm) trade show.
Rehabilitating Nature-Based Assets
 UN Environment Programme
Restoring lost and damaged ecosystems-from forests and freshwaters to mangroves and wetlands-can trigger multi-million dollar returns, generate jobs and combat poverty according to a new report compiled by the UN Environment Programme (UNEP).
Latin America: Taxing the Poor
 Milagros Salazar
Not only do Latin America and the Caribbean collect less tax revenue than any other region in the world, in spite of positive economic growth this decade, but national tax systems are unfair, as they rely heavily on indirect taxes that are levied equally on rich and poor, according to a new study by ECLAC.
Study: Mexico Drug Cartels Avoid Bank Deposits
 Martha Mendoza
A first-ever study targeting the exorbitant wealth of Mexico's drug lords shows more than half the money smuggled out of the U.S. each year is cash that never passes through a bank, making it nearly invisible to law enforcement.
Mexico a Logistic Axis for Investment and International Trade: FCH
 Suzanne Stephens Waller
During the Navy Day celebrations, President Felipe Calderón declared that Mexico is working to turn the country into a multi-directional hub and a key logistic axis for trade and international investment in today's globalized world.
Mexico Registers 1st Remittance Increase Since '08
Associated Press
The amount of money sent home by Mexicans living abroad increased slightly in April for the first time in 17 months.
US Owners Stop Paying Mortgage ... And Stop Fretting About It
 New York Times
A growing number of the people whose homes are in foreclosure are refusing to slink away in shame. They are fashioning a sort of homemade mortgage modification, one that brings their payments all the way down to zero. They use the money they save to get back on their feet or just get by.
Mexico’s Share of American Market Up
 Thomas Black & Jens Erik Gould
Mexico’s exports to the U.S. are taking market share from China as demand rises for Mexican-made refrigerators from Whirlpool and Dodge Ram pickups from Chrysler.
Calif. Governor Candidate Alexander Introduce Building and Home Improvement Program
 Peace and Freedom Party
Stewart Alexander is a Candidate for California Governor who says a key element of his job creation program is to create jobs for construction workers; performing home improvement and repairs.
Web Start-Ups Offer Bargains for Users’ Data
 Stephanie Clifford
As concern increases in Washington about the amount of private data online, and as big sites like Facebook draw criticism that they collect consumers’ information in a stealthy manner, many Web start-ups are pursuing a more reciprocal approach — saying, in essence: give us your data and get something in return.
Debt Adds to Pressure of Stressed-Out Americans
 Jeannine Aversa
The economy trudges ahead yet debt dogs many Americans, stressing them out even as they firm up their own financial foundations.
Canadian Firm to Invest 120 Million Dollars in Mexico
 Suzanne Stephens Waller
President Felipe Calderón announced a $120 million dollar investment by the Canadian firm Linamar, which will create 800 new direct jobs and over 2,000 indirect jobs in the states of Coahuila, Durango and Tamaulipas, where it will be present.
Mexican Bonds Rise as Overseas Investors Seek ‘Secure Option’
 Jonathan Roeder
Mexican bonds rose for an eighth day, pushing yields to their lowest level in more than a month, as volatility related to the European debt crisis made Mexico’s securities more attractive to foreign investors.
Gulf of Mexico Oil Spill Stokes Potential Financial Scams
 Press Trust of India
It is billed as one of the worst oil disasters and now, the Mexican Gulf oil spill is posing a threat to investors, with fraudsters promising financial gains from entities that claim to be involved in the clean up act.
US Auto Workers Reject More Concessions
 The Real News Network
Frank Hammer: A new militancy amongst US auto workers.
Kucinich Won't Vote for US Finance Bill
 The Real News Network
Dennis Kucinich: Without real reform of the FED I won't vote for this bill.
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