Category: Business

Arizona Treasury Office distributed US$559 million in investment earnings

PHOENIX — Arizona State Treasurer Kimberly Yee announced Tuesday US$559 million was distributed in investment earnings in the 2020 fiscal year It was the second-highest total distributed in a fiscal year, trailing just the US$567...

READ MORE

Nike pulls out of Goodyear facility due to COVID-19 Impact

GOODYEAR, AZ -  Nike will "no longer be investing" in a Goodyear manufacturing facility that was supposed to bring more than 500 jobs and nearly $500 million in economic impact to the southwest side of metro Phoenix, the company announced on...

READ MORE

New Mexico medical marijuana industry booming during pandemic

NEW MEXICO – The medical cannabis industry is booming in New Mexico The industry says the effects of the COVID-19 pandemic have dramatically increased demand and they’re trying to keep up “What we learned was it wasn’t just a New Mexico...

READ MORE

El Paso Electric sale to JPMorgan-tied investment fund scheduled to become final

EL PASO – El Paso Electric's pending for US$43 billion sale is expected to become final as soon as the Nuclear Regulatory Commission reviews some ownership issues tied to the buyer The electric utility and the buyer, the JPMorgan Chase-tied...

READ MORE

Yaquis maintain highway blockade in Sonora

SONORA – Indigenous Yaqui people in Sonora lifted a 12-day rail blockade after reaching an agreement with the federal government but are still blocking traffic on a highway that runs to the Mexico-United States border A group of Yaquis blocked...

READ MORE

Medical Industry grows in Baja California

TIJUANA – The medical industry is the one that has grown the most in the region during the COVID-19 pandemic, due to the growing demand for devices and supplies that the international market is experiencing, so the Ministry of Economic...

READ MORE

Railroad blockade affects industry in Sonora: AMF

SONORA – The railroad blockade in Sonora has affected several industries, such as automotive, cement, steel, mining and agriculture, said the Mexican Association of Railways (AMF) The AMF reported that the blockades on the railroad tracks by...

READ MORE

Retail sales decrease in Chihuahua

CHIHUAHUA – As a result of the period of confinement, retail revenues fell in May of this year, along with staffing levels According to the "Monthly Survey on Commercial Enterprises" published by the National Institute of Statistics and...

READ MORE

Nuevo Leon’s industry reactivates in June

NUEVO LEON – During June, Nuevo Leon's industry "saw a light on the road", as some of its indicators began to increase, although not yet to the extent of expansion In its latest report of economic expectations on manufacturing, Caintra...

READ MORE

Arizona tourism generated US$70.1 million during 2019

ARIZONA – Arizona experienced its best year ever for tourism in 2019, including setting an all-time high for Arizonans employed by travel industry jobs directly supported by visitor spending, according to new research released by the Arizona...

READ MORE