Category: Business

U.S. and Mexico extend border restrictions on nonessential travel

MEXICO – Mexico and the United States agreed to extend the closure of their land border to nonessential travel until July 21 after reviewing the development of the spread of the coronavirus in both countries The Mexican Ministry of Foreign...

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Arizona tech industry shows 3.74% job growth

ARIZONA – The Arizona technology industry is one of the largest and fastest-growing economic catalysts for the state Hosting more than 250,000 jobs, technology employees make up 82% of Arizona's workforce and contribute US$322 billion to the...

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TownePlace Suites by Marriott opens in El Paso, Texas

EL PASO – The TownePlace Suites by Marriott El Paso East/I-10 has officially opened for business The new 92-suite hotel is built for travelers looking for a simple and friendly place where they can settle-in, keep their routine, and...

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COVID-19 drives Texas sales tax collections to record lows

TEXAS – Texas took in about US$26 billion in state sales taxes in May The May collections were 132% less than in the same month a year ago — the steepest year-over-year decline since January 2010 The majority of May sales tax revenue is...

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Chinese companies looking to settle in Monterrey

MONTERREY – Currently, Chinese companies are seeking to establish themselves in northern Mexico, particularly in Monterrey, with the aim of diversifying their operations and have a closer proximity to the United States, more Chinese investment is...

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US$26 million will be invested in Laredo, Texas

Laredo – Mastronardi Produce signed an agreement with authorities in Laredo to expand and build a distribution center for agricultural products - vegetables - which are cultivated in Mexico for distribution in the United States where, together...

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Juarez’s industry faces challenges due to COVID-19

JUAREZ – Recovering from the damage caused by the Covid-19 work stoppage and the entry into force of the USMCA next July are the most important challenges facing the automotive industry, said Pedro Chavira, president of Index Juarez...

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The Texas Travel Alliance launches the ‘Life’s Better In A State of Travel’ Campaign

TEXAS – The Texas Travel Alliance (TTIA) in conjunction with the Texas Association of Convention & Visitors Bureaus (TACVB) and The Atkins Group has launched a campaign to encourage Texans to start dreaming and planning to travel Texas when...

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EP Electric’s sale postponed

EL PASO – The pending sale of El Paso Electric (EPE) to JP Morgan Management Inc valued at US$43 billion was postponed for 3 months, reported the Infrastructure Investment Fund (IIF) This was made possible by a mutual agreement, which extended...

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Inflation rises 2.74% in Monterrey

MONTERREY – Despite the increase of 114% in annual inflation in Monterrey in May compared to that registered in April, which was 160%, at 274%, it is the second lowest in almost four years, since in September 2016 it registered the same...

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