News

Texas joins states applying for Trump’s unemployment boost

TEXAS – Texas joined the growing list of states that will pursue President Donald Trump’s plan to offer a stripped-down boost in unemployment benefits to millions of Americans amid the COVID-19 pandemic Republican Gov Greg Abbott announced...

READ MORE

Dozens of Arizona bars, gyms cleared by state to reopen

ARIZONA – The Arizona Department of Health Services has given the OK for dozens of gyms, bars and theaters to reopen after reviewing their plans to limit the spread of COVID-19 at their businesses The green light was given to 2 movie theaters,...

READ MORE

California leads state drive for zero-emission fleet transport

CALIFORNIA – This summer, California announced a plan that could significantly reshape all levels of the transportation industry from manufacturing and logistics to electric vehicle charging infrastructure On June 2020, the California Air...

READ MORE

Alfa Group announces divestment of all Newpek assets in Texas

TEXAS – Monterrey-based holding company Alfa announced that its subsidiary, Newpek, has divested all of its assets in Texas, including wells and leases in the Eagle Ford Shale and Edwards Shale formations, a transaction that has an implied value...

READ MORE

Coahuila's Foreign Direct Investment falls in 2017-2020 period

COAHUILA – In three of the last four years, Foreign Direct Investment (FDI) in Coahuila has decreased and in the same period the participation of the state in the country's FDI fell, said the Statistical Report on the Behaviour of Foreign Direct...

READ MORE

Casinos in Chihuahua register losses of US$11.3 million

CHIHUAHUA – Chihuahua's casinos recorded losses of US$113 million, affecting 80% of the jobs generated by the gaming industry, said Aarón Santoyo Escudero, the union's representative in Chihuahua "There have been economic and job losses; of...

READ MORE

Monterrey launches Invest Monterrey

MONTERREY – In order to attract more investment and business tourism, create more and better jobs, help contribute to the state's economic growth and create business opportunities for local companies, the Consejo Nuevo León, along with the...

READ MORE

Amazon plans to hire an additional 200 workers at San Diego Tech Hub

SAN DIEGO – Amazon is expanding its footprint in San Diego, adding 40,000 square feet of office space in University City to house 200 additional employees that it expects to hire over the next couple of years The Seattle-based online shopping...

READ MORE

California ranks sixth in U.S. States’ Foreign Direct Investment from India

CALIFORNIA - California is surpassed only by Texas, New York and New Jersey in the number of Indian companies with offices in the state, but ranks sixth in the amount of foreign direct investment, according to a report by the Confederation of...

READ MORE

COVID-19 Restrictions Curtail Cross-border Tourism

By Nancy J Gonzalez COVID-19 restrictions such as the non-essential travel ban between Mexico and the US as well as business closures have left border cities economically paralyzed Hotels, stores, restaurants, dental offices, and drug stores...

READ MORE