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Business News
««« Click HERE for Recent Business News Program Offers Visas from Mexico in Exchange for Big Investments in Dallas Projects Lauren Villagran
Dallas officials have a bona fide offer for a group of wealthy Mexican business people: Invest in Dallas and earn a ticket out of Mexico.
Feds Warrantlessly Tracking Americans’ Credit Cards in Real Time Ryan Singel
Federal law enforcement agencies have been tracking Americans in real-time using credit cards, loyalty cards and travel reservations without getting a court order, a new document released under a government sunshine request shows.
Mexico's Bimbo to Build $200 Mln Wind Farm Michael O'Boyle
Grupo Bimbo, one of the world's biggest breadmakers, will build a $200 million wind farm to supply almost all of the electric power needed for its Mexican operations, the company said on Thursday.
FAA Returns Mexico to Top Aviation Rating Joan Lowy
Mexico's top aviation safety rating has been restored because its airline oversight has improved, U.S. aviation officials said Wednesday.
Mexico's AeroMexico Eyes Buying, Not Leasing, New Planes Cyntia Barrera Diaz & Veronica Gomez
AeroMexico, the only major Mexican airline left flying, is weighing whether to buy 10 airplanes from Boeing instead of leasing them as it expects consumer demand for air travel to increase in the near term, the company's CEO said on Tuesday.
Are Good-Looking People More Employable? Andrew Lavin
"Good looks" are only sometimes a positive factor in consideration for a job, according to new research from Ben-Gurion University of the Negev (BGU).
ATM Fraud Gets Even More Brazen Karen Blumenthal
Fraud involving debit cards and personal-identification numbers is on the rise as criminals go where the cash is — even targeting banks' own automated teller machines. But there are some steps you can take to avoid the traps or lessen the impact if your information is stolen.
To Wrap Up the Year, Riviera Nayarit is Featured in Online Media RivieraNayarit.com
The strong brand positioning generated after being featured in blogs, websites and social websites has encouraged the CVB to join new initiatives with the CPTM to draw the attention of digital journalists.
This Will Be the Infrastructure Administration: Calderón Suzanne Stephens Waller
President Felipe Calderón declared that this administration has built a new highway system, making it the infrastructure administration, as he promised at the start of this government.
Palabras Mágicas: Marketing Puerto Vallarta Copywriting, Publicity & Photography Services
Need Publicity? Press releases? Online newsletters? Food photography? Zippy, strategic Web Content? Help with Social Networking on Facebook and Twitter? Meet Roberta Rand, the Owner/Creative Director of Palabras Mágicas Marketing in Puerto Vallarta, Mexico.
Casa Velas Hotel Boutique Announces New Conference Center in Puerto Vallarta HotelCasaVelas.com
The all-inclusive 80-suite Casa Velas Hotel Boutique, a member of The Leading Small Hotels of the World, opened its doors to the new 3,663 square foot conference center adjacent to the resorts’ garden area and the Marina Vallarta 18-hole championship golf course.
Mexico's Jobless Rate Steady at 5.7% RTTNews
Mexico's unemployment rate was 5.7% in October, unchanged from the September level, the statistical office INEGI said late this week. Economists had expected the jobless rate to fall to 5.37%.
Jobless Mexican Stewardesses Launch Sexy Calendar Associated Press
It could be the Mexican remake of the "The Full Monty" - just swap the out-of-work British steel workers from the 1997 hit movie for curvy Latina flight attendants.
Carlos Guzmán Bofill New Director of ProMéxico Suzanne Stephens Waller
On Wednesday, President Felipe Calderón informed the media of the appointment of Carlos Guzmán Bofill as the new director of ProMéxico, at an event held in the Manuel Ávila Camacho Hall in the official Los Pinos Residence.
Mexico Retail Sales Slip in Sept from Aug Patrick Rucker
Spending among Mexican consumers contracted slightly in September from the previous month, the national statistics agency said, as Latin America's second-largest economy recovers from a deep recession.
Millions of Americans Could Lose Unemployment Benefits Lindsay Beyerstein
According to official statistics, nearly 15 million Americans are unemployed. Between 2 and 4 million of them are expected to exhaust their state unemployment insurance benefits between now and May.
Canada, Mexico Agree on NAFTA Revisions Yvonne Reyes Campos
At the 16th Canada-Mexico Interparliamentary Meeting, legislators from both countries agreed there is a need to bolster the North American Free Trade Agreement (NAFTA).
Announcement of Embraco Investment in Mexico Suzanne Stephens Waller
Monday, President Felipe Calderón led the announcement of the Embraco Investment in Mexico, held in the Manuel Ávila Camacho hall in the official Los Pinos residence.
Ron Morgan Real Estate, Puerto Vallarta Villas and Real Estate Vallarta & Beyond Merging PVNN
Ron Morgan Real Estate, Puerto Vallarta Villas and Holland Travel LLC are joining forces, and will be working very closely with Rocio Nava and Luis Carbajal of Real Estate Vallarta & Beyond. Look for their new office in the heart of Zona Romantica - coming soon!
Mexico's Economy Grew by 5.3 Pct in 3rd Quarter Associated Press
Mexico's National Statistics Institute says the country's economy grew by 5.3 percent in the third quarter, above initial projections of 5.0 percent.
AMPI Meets in Monterrey Nuevo Leon John K. Glaab
Two special events took place during the week. The first was the signing of an agreement of cooperation between AMPI and four other real estate associations.
Sex-Workers Get Second Chance at Life With Microloans Gitonga Njeru
With higher levels of economic growth than expected, Kenya’s banks have already begun giving successful loans to a specific and special group of women. Many of these women have struggled through poverty with only one option available to them as they raise their children alone without assistance.
Mexico Regulator Rejects Pemex Oil Reserve Estimate Robert Campbell
Mexican regulators rejected a huge chunk of state oil monopoly Pemex's estimate of how much oil and gas the country has, calling into question the long-term sustainability of the industry.
Mexico's Banorte Bank to Buy IXE for $1.3 billion Cyntia Barrera Diaz
Banorte, the top Mexican-owned bank, is buying smaller financial group IXE in a stock swap valued at about $1.3 billion, strengthening its position as the No. 3 bank in Latin America's second-largest economy.
Debt Collectors Using Facebook to Stalk and Humiliate David Edwards
It's not just friends that are noticing your status updates on Facebook. Debt collectors are now combing through social networks to learn about the lives of those who owe them money in order to embarrass them into paying up.
Parasitical Capital Not Lack of Gold the Problem The Real News Network
Jane D'Arista: Head of World Bank suggestion return of gold standard is grasping at straws.
The Chicago Anti-Eviction Campaign: Building a Movement From the Ground Up Yana Kunichoff
Long before the recent revelations of widespread foreclosure fraud, a group of community organizers in Chicago was taking on one of the nation's most pressing issues from the grassroots - and winning.
Mexico's Lower House Passes Spending Part of 2011 Budget in 454 to 13 Vote Adriana Lopez Caraveo & Carlos Manuel Rodriguez
Mexico’s lower house of Congress approved the 2011 budget this week with a smaller deficit and a spending increase of 8.2 percent in nominal terms compared with this year.
Free Trade and Investment Formula for Economic Growth: Calderón Suzanne Stephens Waller
President Felipe Calderón gave the media details of the activities in which he participated at the APEC CEO Summit 2010, held in Yokohama, Japan, which he defined as a platform with “the opportunity to share experiences with other leaders on the way economic recovery is achieved and the challenges we still face.”
Mexico's $80M Boom Industry: Bulletproof Cars David Agren
A growing number of Mexicans — including many from the middle class — see bulletproofing their vehicles as a necessity and not a luxury.
Riviera Nayarit Takes Part In London's World Travel Market Expo RivieraNayarit.com
The World Travel Market event assembles more than 5,000 expositors from 187 countries and showcases new destinations and the most innovative products.
Penny-Pinching Consumers Cutting Cable, Cell Service Ben Patterson
Generic brands, brown-bag lunches, and fewer trips to the beauty salon are three of the top ways U.S. consumers are looking to save money, according to a recent survey. Look a little further down the list, though, and you'll find that more and more Americans are also cutting back on their cable TV and cell phone service.
Mexico Pharma Scandal Sparks Probe, Suspensions Mark Stevenson
An audio recording of pharmaceutical company executives purportedly negotiating how much to offer as a kickback for a government contract has sparked investigations and the suspension of several businesspeople and a Mexican official, authorities said Friday.
Mexico Violence Costs $350K Daily In Natgas Losses Associated Press
Threats and violence by drug gangs are preventing some government oil workers from reaching installations in northern Mexico and costing state-owned Petroleos Mexicanos about $350,000 every day in lost production, a company official said Thursday.
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