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 Business News
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Wal-Mart Says ‘Try This On’: Free Shipping
 Stephanie Clifford & Claire Cain Miller
For years, Wal-Mart has used its clout as the nation’s largest retailer to squeeze competitors with rock-bottom prices in its stores. Now it is trying to throw a holiday knockout punch online.
Puerto Vallarta Real Estate Market Forecast
 Michael Green
Here in the Banderas Bay area, we have seen a significant increase in real estate buyer interest and sales activity this year. I see Canadian and Mexican buyers staying quite active and American buyers returning after a two year absence due to economic turmoil and over hyped media reports.
Heading Towards the End of Globalisation?
 Mario Osava
A "grave recession" in the world economy may lie ahead, with a profusion of new barriers to trade and capital flows, if the Group of 20 major economies (G20) fail to come up with solutions to the present crisis.
Vallarta Realtor Attends NARdiGras 2010
 Nicole Martin
Prudential California Realty-Vallarta Division consultant Marilyn Newman recently traveled to New Orleans for the Realtors’ Conference & Expo NARdiGras 2010, where she networked with US and international realtors from across the nation and around the globe.
Bimbo: From Corner Bread Maker to Bakery Giant
 Cyntia Barrera Diaz & Michael O'Boyle
Grupo Bimbo, which is buying Sara Lee's North American bakery business, sold its handmade bread loaves for the first time in 1945, from a small shop in the Mexican capital.
Mexico October Auto Production Up 20% To Record 220,708 Units
 Laurence Iliff
Mexico's production of cars and light trucks reached 220,708 units in October, up 20% versus the year-ago month and the highest volume achieved in the history of the production of light vehicles in Mexico, the National Automobile Industry Association, or AMIA, said Tuesday.
Mexico's October Prices Rise More Than Expected, Led Up by Food, Housing
 Jonathan J. Levin
Mexico’s consumer prices rose more than forecast in October, climbing 0.62 percent from the previous month as food and housing prices increased.
LatAm Currencies Up as Traders Bargain Hunt
 Samantha Pearson
Latin American currencies firmed early Tuesday as traders saw buying opportunities following heavy losses in the previous session.
New Ways Bankers Are Spying on You
 Karen Blumenthal
With lenders still skittish about making new loans, credit bureaus and others are hawking services that help banks probe deeply into your financial closet.
Mexico, Brazil Start Trade Negotiations
 Businessweek
Mexico and Brazil are starting negotiations on a free trade agreement between Latin America's two largest economies.
Banks Spying on Your Bills, Rent Payments, Paychecks: Report
 Daniel Tencer
The age of the plain old credit score is gone, says a report at the Wall Street Journal, and it's been replaced by ever more intrusive efforts by banks and credit agencies to gauge exactly what you're worth, and what you can pay.
Work-for-Food Program Creates Powerful Circle of Service
 Becci Burchett
All communities have needs. Unique communities have the ability to unite and perform multi-beneficial programs to overcome those needs. The towns of Emiliano Zapata, Corral del Risco, and Higuera Blanca are doing just that, in the PEACE initiated 'Work for Food' program.
Federal Government Supports SMBs as Never Before: Calderón
 Suzanne Stephens Waller
Small and medium businesses, which produce 7 out of the 10 jobs in Mexico, play a crucial role in the economy, because with their dynamism, they constitute the core of the productive sector, declared President Felipe Calderón, during the closing of the National Bicentennial SMB Week 2010.
 Simply Puerto Vallarta Online Promotional Campaign
 A Grass Roots Promotional Campaign
Puerto Vallarta's Video Diva Productions is pleased to announce the launch of 'Simply Puerto Vallarta,' a multi-media promotion campaign designed to highlight the richness and diversity of Mexico's premier coastal tourist town
U.S. Warns Mexican Drug War Curbing Investment
 Jason Lange & Krista Hughes
Mexico's vicious drug war could force more companies to scale back investment in the country unless security forces quickly quell cartel violence, the U.S. ambassador to Mexico said on Thursday.
Mexican Sales of Ford Truck Favored by Cartels Dip
 Luis Rojas Mena
Mexican sales of Ford's Lobo pick-up, popular with drug cartel hitmen, are falling along with those of similar vehicles because motorists fear being mistaken for gangsters by soldiers and police, the head of the U.S. automaker's local subsidiary said this week.
Win a Trip to Mexico with Jose Cuervo
 Rebecca Harris
Jose Cuervo tequila has announced an exciting new on-premise competition that will see four lucky bar managers and one bartender win a trip to Mexico.
Mexico Peso Reaches Strongest Level Since April as U.S. Employers Add Jobs
Andres R. Martinez
Mexico’s peso rose to the strongest level since April as employers added more workers in the U.S., the nation’s largest trading partner.
Border Crossings Between Mexico and the U.S. Boost Trade
 Suzanne Stephens Waller
President Felipe Calderón declared that in order to boost trade links between Mexico and the United States, the best thing both countries can do is to build border crossing points and improve infrastructure.
Obama Must Fight for Workers and the Poor
 The Real News Network
Heather C. McGhee: Lesson of election is Obama must fight for a direct jobs program.
Will Mexico's Peso Outperform Brazil's Real?
Samantha Pearson & Jean Luis Arce
Mexico's peso has long been the underdog of Latin American currencies due to the country's reliance on the struggling U.S. economy. But this could be about to change.
The Fideicomiso (Mexican Bank Trust) Controversy: Is it - Or is it Not - a Trust Under IRS Rules?
 Linda Neil & Don D. Nelson
The Settlement Company founder and NAR accredited buyer representative, Linda Neil, and Don D. Nelson, a CPA and attorney specializing in US tax law, examine the Fideicomiso (Mexican Bank Trust) controversy and explain US Department of Treasury (IRS) forms 3520 and 3520A.
Exemplary Local Businesses Connect With Communities
Becci Burchett
Giving back is good business – that’s what The Dazzling Details and Vallarta Adventures decided when they invested their time and money into local non-profit PEACE. These two exemplary businesses raised and/or donated funds for PEACE-coordinated flood relief efforts and spay and neuter clinics.
Mexico Synonymous with Successful Investment: Calderón
 Suzanne Stephens Waller
During the opening of Chrysler's new engine factory, President Felipe Calderón declared that Mexico has been consolidated as the best place for investment, not only for the auto industry but also in aeronautics and electronics.
Mexico Can Take NAFTA Further
 The Economist
Despite Chinese competition, Mexicans have seen their exports grow. But they can do more with the trade pact.
Mexico's President to Open New Port
 Cesar Neyoy
After a more than yearlong delay, a commercial border crossing is set to open Thursday in San Luis, Ariz., in a ceremony that will bring Mexico's president, according to published reports in Mexico and officials in San Luis Rio Colorado, Son.
New York Times Plans Offering to Pay Down Slim Debt
 Jennifer Saba
The New York Times Co is seeking to raise $200 million through a senior notes offering to pay back Mexican billionaire Carlos Slim and for the use of other general expenses.
US Investors Eye Mexico Mortgage Debt - Infonavit
 Patrick Rucker & Jean Luis Arce
Infonavit, Mexico's largest home lender, is fielding interest in mortgage bonds from U.S. investors, an official said on Friday, as yield-hungry foreigners continue to pour money into the country.
Judge Fines McDonald's for Obese Employee
 Associated Press
A Brazilian court has ordered McDonald's to pay a former franchise manager $17,500 because he gained 65 pounds while working there a dozen years.
US Economy Grows for Fifth Straight Quarter
 Kevin G. Hall
The U.S. economy grew at an annualized rate of 2 percent from July to September, the government reported Friday.
A.M.P.I. Riviera Nayarita Meeting at Los Veneros on North Shore
 Marilyn Newman
The gentle waves lapping on the white sand beach at the new Los Veneros Development was a breathtaking view for October's AMPI Riviera Nayarita meeting. Following the adjournment, an excellent presentation and tour of the development project was given.
Native Tourism Businesses Need to Sell Themselves Better
 Emilio Godoy
Native tourism companies dedicated to the preservation and promotion of indigenous culture and to sustainable development face a number of hurdles, especially in terms of marketing and commercialising their services.
Mexico Economy Grows, High Peso Not Hurting Trade
 Patrick Rucker, Jason Lange, Caroline Stauffer & Veronica Gomez
Mexico's economy expanded more than expected in August while the country's finance minister said a strengthening peso was not hurting exports.
Mexico’s Peso Risks Becoming Overvalued, Ortiz Says
 Jonathan J. Levin & Thomas Black
Mexico’s peso is at risk of becoming overvalued because market-friendly trading rules may attract investors as other countries take steps to curb currency appreciation, said former central bank Governor Guillermo Ortiz.
Mexico Senate Committee Backs Cutting 2011 Deficit
 Jason Lange
The Mexican Senate's finance committee on Tuesday approved a plan to trim the government's deficit next year, although not by as much as President Felipe Calderon had proposed.
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