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☆ Where 3 Dead Tourists Were Found Fast, Thousands Remain Missing
▼ + stars: | 2024-05-06 | by ( Emiliano Rodríguez Mega | ) www.nytimes.com time to read: 1 min

When two Australian brothers drove down to Mexico’s northwest coast from San Diego last week with their American friend, they were looking to catch the crisp waves that make Baja California a popular destination among travelers from across the world. But soon after arriving to the Mexican city of Ensenada, Callum Robinson’s Instagram posts of his surf adventure ceased. The group stopped answering calls and texts. He and his brother Jake never showed up at an Airbnb they had booked, their mother said in a social media post, pleading for help from anyone who had seen her two sons. On Sunday, Mexican authorities announced that the bodies of the three tourists, found at the bottom of a well with gunshot wounds to their heads, had been identified by their families.

Persons: Callum Robinson’s Instagram, Jake Organizations: San Diego Locations: San, Baja California, Mexican, Ensenada

Keep reading to learn where to watch a Canelo vs. Munguia live stream, including PPV prices and global watch options you can tune into from anywhere for free via our guide. Plus, we'll show you a free Mexican live stream, the full card lineup, and how to watch it from any country in the world. How to watch Canelo vs. Munguia in the USCanelo vs. Munguia will stream on DAZN in the US. Shop at DAZNHow to watch Canelo vs. Munguia in the UKDAZN will also be the fight's home in the UK. How to watch Canelo vs. Munguia in MexicoIn Mexico, Canelo vs. Munguia will be available to live stream through TV Azteca.

Persons: we've, Saul, Canelo, Alvarez, Jaime Munguia, It's, ExpressVPN, Mario Barrios, Fabian Maidana, Brandon Figueroa, Jessie Magdaleno, Eimantas, Gabriel Maestre Organizations: Business, Mobile, Boxing, TV Azteca, Azteca, WBC Locations: Canelo, Las Vegas, Munguia, Mexico In Mexico, Mexican

☆ 3 Bodies Found in Baja California Are Identified as Missing Tourists’
▼ + stars: | 2024-05-05 | by ( Emiliano Rodríguez Mega | More About Emiliano Rodríguez Mega | ) www.nytimes.com time to read: +1 min

Three bodies that were found in the Mexican state of Baja California last week have been identified as those of three tourists from Australia and the United States who had disappeared days earlier, the Mexican authorities said on Sunday. The bodies were confirmed to be those of Callum and Jake Robinson, two brothers from Perth, Australia, and Jack Carter Rhoad, the Baja California attorney general’s office said in a statement. “The confirmation comes after the victims’ families were able to identify them, without the need for genetic testing,” the statement read. Early on Friday, the Mexican authorities recovered the three bodies from a 50-foot-deep water hole near La Bocana beach. A fourth, yet unidentified male body that prosecutors say has no relation to the case, was also at the bottom of the hole.

Persons: Callum, Jake Robinson, Jack Carter Rhoad, general’s, Rhoad Organizations: United Locations: Mexican, Baja California, Australia, United States, Perth, U.S, Ensenada, La

☆ Missing surfers: Bodies found in Mexico confirmed as those of missing American and Australian tourists
▼ + stars: | 2024-05-05 | by ( Kathleen Magramo | Karol Suarez | ) edition.cnn.com time to read: +2 min

CNN —Three bodies found dumped in a well with gunshot wounds to the head have been confirmed as missing tourists, including a US citizen, Mexican authorities said Sunday. Relatives of American Jack Carter Rhoad and Australian brothers Jake and Callum Robinson identified their bodies without having to perform genetic tests, the Baja California Attorney General’s office said in a statement on Sunday. The vehicle was confirmed to be the same one Callum Robinson posted an image of on Instagram a week before the trio went missing. Photos of the American and Australian surfers on a beach in Ensenada, Mexico on May 5, 2024. In 2015, the bodies of Australian surfers Dean Lucas and Adam Coleman were found in a burned-out van in Sinaloa state.

Persons: Jack Carter Rhoad, Jake, Callum Robinson, Jesús Gerardo “, “ El, Maria Elena Andrade Ramirez, “, ”, Karen Castaneda, Dean Lucas, Adam Coleman Organizations: CNN, Ministry, Foreign Ministry, Authorities Locations: California, Ensenada, Tijuana, Baja California, Santo Tomas, Instagram, Mexico, Sinaloa

☆ Murdered bodies ‘most likely’ those of missing surfers, Mexican investigators say
▼ + stars: | 2024-05-05 | by ( Stefano Pozzebon | Bertha Ramos | ) edition.cnn.com time to read: +1 min

CNN —Mexican authorities said Sunday that three bodies found in the state of Baja California earlier this week had been murdered and are “most likely” those of three missing surfers from the US and Australia. “It’s most likely that the three bodies are those of the three surfers, but the family is still going through the identification process,” Andrade said. She added that the three bodies had been determined as having been murdered but had not yet been formally identified. Family members of the surfers arrived in Tijuana on Saturday and would examine the corpses on Sunday afternoon, Andrade said. A local police source told CNN that authorities also found the men’s pickup truck, burned out, about 40 miles (65 kilometers) from where the bodies were found.

Persons: Maria Elena Andrade, Jack Carter Rhoad, Jake, Callum Robinson, “, ” Andrade, Andrade, ” Callum, Jake Robinson Organizations: CNN Locations: Baja California, Australia, Ensenada, Tijuana

☆ I left San Francisco and moved to LA. Here are the 5 worst things about leaving the Bay Area.
▼ + stars: | 2024-05-04 | by ( Robin Madell | ) www.businessinsider.com time to read: +5 min

AdvertisementEven though LA is much larger than San Francisco, LA doesn't feel urban, while San Francisco does. Here's what I felt were the five worst things about leaving the San Francisco Bay Area and moving to LA. AdvertisementAs an artist and business owner, I founded my eco-friendly textile and wallpaper collection business in San Francisco in 2013. I miss San Francisco's culture and philanthropic spiritLiving in San Francisco, I found that many of its businesses have a good environmental or social mission. But I believe, for the most part, San Francisco still has the same caring heart and soul it's had for years.

Persons: —, Stevie Howell, It's, I've, Francisco —, Jessica Silverman, Rebecca Camacho, would've, it's, Crissy, I, Manseen Logan Organizations: Service, Business, San, San Francisco Bay Area, Minnesota, National Parks Conservancy, Area Locations: Los Angeles, San Francisco, LA, It's, San Francisco , LA, San Francisco Bay, Mandalay, Francisco, Bernal Heights Hill, Dolores Park, Ocean, Stinson Beach, Angel, mlogan@businessinsider.com

☆ I moved to Montana after getting priced out of California. I work in the trades — not all transplants are rich remote workers buying up property.
▼ + stars: | 2024-05-04 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

Baylon said not all Montana transplants are remote workers buying property and driving up prices. AdvertisementThis is an as-told-to essay based on a conversation with 34-year-old Ian Baylon, a tradesman who moved from California to Montana in April 2022. Here in Montana there's a huge shortage of labor too. While it was very competitive in California, there's a lot of demand for the trades up here, but nobody up here really wants to learn the trades. A lot work in tech or finance, and there's no need for them to work locally.

Persons: Ian Baylon, Baylon, —, Jacob Boomsma, they're, Boz Angeles, United States Gordon Calhoun, Montanans, I've, chokehold, It's Organizations: Service, Crockett, That's Locations: Montana, Bay, California, Bay Area, San Francisco, Crockett, Area, Vallejo, West Yellowstone, Bozeman, Downtown Bozeman , Montana, Mexican, Berkeley, Gallatin, Sky , Bozeman, United States, Washington , New York , Texas, West Coast

☆ Mexico questions three people over missing American and Australian tourists
▼ + stars: | 2024-05-03 | by ( Sandi Sidhu | Chris Lau | ) edition.cnn.com time to read: +3 min

CNN —Concerns are growing for a trio of missing tourists, including a US citizen, as Mexican authorities question three people in connection with their disappearance. American Jack Carter Rhoad and Australian brothers Jake and Callum Robinson were reported missing on April 29, according to the Baja California’s prosecutors’ office. Baja California has been plagued by cartel violence in recent years, though it rarely occurs in tourist areas like Ensenada. Jake Robinson/Instagram“Australian friends Jake and Callum Robinson have gone missing around Rosarita/Ensenada region of Baja California Norte Saturday morning,” Debra Robinson posted on Instagram alongside a photo of her two sons. And we just hope for a positive outcome.”Mexican authorities are liaising with US and Australian authorities, the Baja California state attorney’s office said.

Persons: Jack Carter Rhoad, Jake, Callum Robinson, Maria Elena Andrade Ramirez, Jake Robinson, Instagram, ” Debra Robinson, “, Callum, Anthony Albanese, they’ve, ” Organizations: CNN, ”, Seven, team, Australian Locations: Ensenada, Tijuana, Baja California, Perth, Western Australia, Rosarita, Baja California Norte, San Diego , California

Representative Henry Cuellar, Democrat of Texas, and his wife were charged with participating in a yearslong $600,000 bribery scheme involving Azerbaijan and a Mexican bank, according to a federal indictment unsealed in Houston on Friday. Mr. Cuellar, 68, and his wife Imelda, 67, are accused of bribery and money laundering in connection with their efforts on behalf of a bank based in Mexico City and an energy company owned by Azerbaijan, according to the 54-page complaint. Mr. Cuellar is also accused of acting as an agent of a foreign entity while serving as a U.S. government official. Payments made from 2014 to 2021 were laundered through “sham consulting contracts,” front companies and shell companies owned by Mrs. Cuellar, who performed “little to no legitimate work” under the contracts, lawyers with the Justice Department’s criminal division wrote.

Persons: Henry Cuellar, Mr, Cuellar, Imelda, . Cuellar Organizations: Justice Locations: Texas, Azerbaijan, Mexican, Houston, Mexico City, U.S

☆ Jim Cramer says Alphabet is a buy and the most undervalued large tech stock
▼ + stars: | 2024-05-03 | by ( Jeff Marks | ) www.cnbc.com time to read: +6 min

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Jim Cramer suggested some of Apple's AI commentary Thursday night could be a factor in the Google parent's stock move. We continue to believe the market is underappreciating Coterra's ability to pullback production in natural gas in favor of oil. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

Persons: Jim Cramer, That's, Jim, Tom Jorden, Jorden, Nelson Peltz, Peltz, Jim Cramer's Organizations: CNBC, Apple, Conference, Nasdaq, Google, Federal Reserve, Institute for Supply, Coterra Energy, Diamondback Energy, Cinco, Cinco de Mayo, Constellation Brands, Corona, Modelo, Disney, Jim Cramer's Charitable Locations: U.S, Cinco de

☆ Murders, imprisonment and violence: Threats to press freedom grow in Latin America
▼ + stars: | 2024-05-03 | by ( Esteban Campanela | Sol Amaya | ) edition.cnn.com time to read: +13 min

These are just the tip of the iceberg of the challenges faced by many media workers in Latin America, where experts say the status of press freedom is increasingly worrisome. The Prosecutor’s Office confirmed in a press conference that they believed the crime was linked to his journalistic work. Last week, the Mexican president criticized the US State Department’s report on human rights in the world, which refers to concerns over press freedom in Mexico, saying that US authorities should “be respectful”. In a publication in social network X, Cuban Foreign Minister Bruno Rodríguez said US officials are not concerned about the human rights of Cubans and that the United States has its own human rights violations. Nicaragua: Ortega-Murillo regime targets journalismHarassment of the press in Nicaragua has been widely reported on numerous occasions.

Persons: CNNE, Francisco Cobos, ”, Cobos, Andrés Manuel López Obrador, López Obrador, Enrique Peña Nieto, Felipe Calderón, Lourdes Maldonado López, Maldonado López, Séptimo Día, Roberto Figueroa, Xochitl Zamora, Lourdes Maldonado, Maldonado ´, Marco Ugarte, AP López Obrador, Andres Oppenheimer, Javier Milei, Lopez Obrador, Abraham Jimenez, Jimenez, civically, “, Miguel Diaz, Yamil Lage, Jiménez, Bruno Rodríguez, Ortega, Murillo, Juan Lorenzo Hollman Chamorro, Hollman Chamorro, Chamorro, Carlos Fernando Chamorro, Rosario Murillo, … provocateurs, Chávez, Vos, Chavez, ” Edgar López, López, Juan Pablo Lares, Maximiliano Bruzual, Ariana Cubillos, Nicolas, Maduro’s, Yván Gil, ” Jeannine Cruz, Gustavo Petro, Nayib Bukele, Gonzalo Zegarra, Rey Rodríguez, Manuela Castro, Ana María Cañizares, Ivonne, José Álvarez, Elvin Sandoval, Iván, Sarmenti, Español Organizations: CNN, Amnesty International, Protect Journalists, Univision, Televisa, Prosecutor’s, AP, CIA, Canel, Getty, Cuban Foreign, La Prensa, National Police, ”, El, Regional, Democracy, Nicaraguan, State Department, National College of Journalists, Venezuelan, TC Television, Communication, “ Locations: Mexico, Cuba, Venezuela, Nicaragua, Latin America, Mexican, American, Tamaulipas, McAllen , Texas, Tijuana, Morelos, Tijuana , Mexico, Spain, Cuban, Havana, AFP, United States, Costa Rica, El Confidencial, Managua, NIcaragua, Sur, Washington, Venezuelan, “, Caracas, ”, Ecuador, Guayaquil, America, Argentina, Colombian

CNN —Three bodies were found Friday in the Mexican region where an American and two Australians have been missing for several days, multiple sources told CNN. Authorities haven’t confirmed if the bodies correspond to the three missing tourists, a source said. American Jack Carter Rhoad and Australian brothers Jake and Callum Robinson were reported missing on April 29, according to Reuters, citing the Baja California prosecutor’s office. The site is about 50 miles south of Ensenada town. A US State Department spokesman told CNN it is aware of reports of the located bodies and is closely monitoring the situation, adding: “At this time we have no further comment.”

Persons: Authorities haven’t, Jack Carter Rhoad, Jake, Callum Robinson, ” Organizations: CNN, Authorities, US State Department Locations: Mexican, Ensenada, Baja California, Tijuana

☆ Cartier tried to stop a man from buying $13,600 earrings for $13 after a website typo, but he got them anyway
▼ + stars: | 2024-05-02 | by ( Amanda Krause | ) www.businessinsider.com time to read: +3 min

Read previewRogelio Villarreal Jasso got extremely lucky when he found heavily discounted Cartier earrings online. On December 1, 2023, the Mexico native noticed an Instagram advertisement for gold-and-diamond Cartier earrings priced at 232 pesos, or about $13, he told Business Insider. AdvertisementThe Cartier earrings purchased by Rogelio Villarreal Jasso. After being contacted by the agency, Cartier seemingly took matters into its own hands and settled the issue by sending Jasso his order. "It is more important to be honorable than to have Cartier earrings," she wrote.

Persons: —, Rogelio Villarreal Jasso, Cartier, Jasso, Champagne, Lilly Téllez Organizations: Service, Business, Federal, The New York Times, The Times, Times Locations: Mexico, Cartier's Mexico

☆ Donald Trump Embraces Lawlessness, but in the Name of a Higher Law - The New York Times
▼ + stars: | 2024-05-02 | by ( Matthew Schmitz | ) www.nytimes.com time to read: +2 min

From the beginning, Mr. Trump’s admirers have compared him to a paradigmatic outlaw hero, Robin Hood. Mr. Trump may not deserve the comparison — critics of his 2017 tax cut called it a reverse Robin Hood — but myth has a way of overstepping mere fact. Did Jesse James really pay off a widow’s mortgage, then rob the greedy banker who took the cash? For that matter, did Robin Hood really rob the rich and give to the poor? Like Joaquín Murrieta, the 19th-century Mexican laborer working in California who, according to legend, responded to injustice by vowing that he “would live henceforth for revenge,” Mr. Trump has promised to avenge the downtrodden.

Persons: Robin Hood, Sebastian Gorka, Trump, Lauren Boebert, Biden, Robin Hood’s, Prince John, Mr, Jesse James, Joaquín Murrieta, ” Mr, ”, Trump’s, Bandman Kevo, Donald Trump Organizations: ”, Republican Locations: Colorado, California

☆ Saúl ‘Canelo’ Álvarez: Mexican boxer puts undisputed world title on the line against compatriot Jaime Munguía
▼ + stars: | 2024-05-01 | by ( Jonny Velasquez | Gonzalo Alvarado | ) edition.cnn.com time to read: +5 min

Álvarez is putting all four of his super middleweight belts on the line as he takes on Munguía. After the fight, Munguía said it would be an “honor” to fight his compatriot Álvarez, who is still one of the biggest names in boxing. Patrick T. Fallon/AFP/Getty ImagesThe Oscar De La Hoya factorFormer boxing great Oscar De La Hoya is Munguía’s promoter. “Let me give you exactly what happened, why he is so mad at me,” De La Hoya said. At age 20, the American became the youngest super middleweight title holder in the history of the sport.

Persons: Álvarez, Jaime Munguía, it’s, ” Álvarez, ”, Russian Dmitry Bivol, Julio César Chávez, “, Katelyn Mulcahy, John Ryder, Munguía, Charlo, Dmitry Bivol, Patrick T, Fallon, De, Oscar De La, Eddie Hearn, I’ve, Hearn, De La Hoya, FightHype, ” De, ” De La Hoya, Eddie Reynosa, Ryder, Hector Vivas, David Benavidez, Floyd Mayweather Jr, ” Mayweather Jr, Español Organizations: CNN, Cinco de Mayo, WBC, WBA, WBO, IBF, Beverly Hills Hotel, Getty, Briton, Mobile, Boxing YouTube, De La, De La Hoya, Munguía, boxing’s Locations: France, Puebla, Las Vegas, Russian, Beverly, Tijuana , Mexico, Las Vegas , Nevada, AFP, Hoya, De La Hoya, Oscar De La Hoya, ”, ” De La, American

☆ Spain's BBVA takes aim again at $10 billion Sabadell
▼ + stars: | 2024-05-01 | by ( ) www.cnbc.com time to read: +2 min

The headquarters of the Spanish bank BBVA are seen in Madrid, Spain. Talk of a tie-up between Spain's second and fourth-largest banks comes almost four years after previous negotiations collapsed. The potential merger follows a period of consolidation in the sector as Spanish banks seek to cut costs and boost scale. For BBVA, a tie-up would boost its domestic business and increase lending to small and medium-sized companies, where Sabadell is strong. Spain's Economy Minister Carlos Cuerpo told Spanish news agency EFE that it was essential to preserve a competitive landscape in the financial sector.

Persons: BBVA's, Onur Genc, Carlos Torres, Joaquin Robles, JP Morgan, Carlos Cuerpo, EFE Organizations: BBVA, Sabadell, XTB, Unicaja, UBS, JPMorgan Locations: Spanish, Madrid, Spain, Santander's

☆ Donald Trump explains his militaristic plan to deport 15-20 million people
▼ + stars: | 2024-05-01 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +6 min

Trump repeated false claims that many migrants are former prisoners or have been institutionalized in their home countries. John Moore/Getty ImagesTrump promised mass deportation in 2016 tooWhile he did not employ an Eisenhower-like effort the first time he was president, Trump is bringing the pledge back. Trump told Time he would target between 15 million and 20 million people who he said are undocumented in the US. Pew Research Center estimated the number of undocumented migrants in the US was around 10.5 million in 2021. As of 2021, it estimated about 3% of the US population and about 22% of the foreign-born population were undocumented.

Persons: Donald Trump, Trump, “, ”, ’, Eisenhower, John Moore, Getty Images Trump, Joe Biden, ” Trump, Stephen Miller, We’re Organizations: CNN, Capitol, Historians, Getty Images, Eisenhower, Trump, Pew Research Center, National Guard, Guard, The New York Times, Supreme Locations: reclassifying, Mexico, Rio, El Paso , Texas, China

☆ Yum Brands earnings miss estimates as Pizza Hut, KFC sales disappoint
▼ + stars: | 2024-05-01 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Yum Brands on Wednesday reported quarterly earnings and revenue that missed analysts' expectations as Pizza Hut and KFC struggled to attract customers. Yum's global same-store sales also fell 3% in the quarter, missing StreetAccount estimates of 0.2% same-store sales growth. Across Yum's three largest brands, only Taco Bell reported same-store sales growth. Taco Bell's U.S. locations reported same-store sales growth of 2%, while its international business posted a decline of 2%. Pizza Hut reported same-store sales dropped 7%, as demand lagged both in its home market and internationally.

Persons: Taco Bell, Yum Organizations: Yum Brands, KFC, LSEG Locations: Austin , Texas, Yum's, Mexican, Bell's U.S, U.S, China

☆ Long-predicted consumer pullback finally hits restaurants like Starbucks, KFC and McDonald's
▼ + stars: | 2024-05-01 | by ( Amelia Lucas | ) www.cnbc.com time to read: +5 min

Starbucks announced a surprise drop in same-store sales for its latest quarter, sending its shares down 17% on Wednesday. Pizza Hut and KFC also reported shrinking same-store sales. Starbucks said bad weather dragged its same-store sales lower. Wingstop , Wall Street's favorite restaurant chain, reported its U.S. same-store sales soared 21.6% in the first quarter. This marks the second consecutive quarter that Burger King reported stronger U.S. same-store sales growth than McDonald's.

Persons: It's, McDonald's, it's, Taco Bell, January's snowstorms, we've, Ian Borden, Wall, International's Popeyes, Chris Kempczinski, Laxman Narasimhan, Narasimhan, David Gibbs, Taco, Yum, Burger, – Organizations: Starbucks Workers, D.C, Starbucks, KFC, Yum Brands, Taco, Bureau of Labor Statistics, Taco Bell, Brands Locations: Dupont Circle, Washington, Pizza, U.S, Australia, Canada, Germany, Japan, Taco

☆ US and Mexico withdraw joint bid to host 2027 FIFA Women’s World Cup
▼ + stars: | 2024-04-30 | by ( Kevin Dotson | ) edition.cnn.com time to read: +2 min

CNN —The US Soccer Federation and the Mexican Football Federation have withdrawn their joint bid to host the 2027 FIFA Women’s World Cup, the two organizations announced on Monday. The announcement of the winning 2027 bid will take place at the 74th FIFA Congress in May. CNN has reached out to FIFA for response to the announcement from the US and Mexico federations. “Hosting a World Cup tournament is a huge undertaking – and having additional time to prepare allows us to maximize its impact across the globe,” US Soccer President Cindy Parlow Cone said in a statement. The inaugural FIFA Club World Cup will take place in the country in 2025; the FIFA Men’s World Cup will be coming to North America in 2026 co-hosted by the US, Mexico and Canada; and in 2028, the summer Olympics will take place in Los Angeles.

Persons: ”, Cindy Parlow Cone, “ I’m, Ivar Sisniega Organizations: CNN, US Soccer Federation, Mexican Football Federation, FIFA, Brazilian Football Confederation, Royal Belgian Football Association, Royal Netherlands Football Association, German Football Association, FIFA Congress, Soccer, FIFA Club Locations: Mexico, United States, North America, Canada, Los Angeles, “

☆ A Mysterious Flier, a Tiny Charity and a Disinformation Campaign at the Border
▼ + stars: | 2024-04-30 | by ( Ken Bensinger | ) www.nytimes.com time to read: 1 min

The two men rang the bell at the Resource Center Matamoros, a migrant aid group in the Mexican border city, and, speaking in broken Spanish, said they were looking for volunteer work. Security footage shared with The New York Times shows the pair standing on the sidewalk in shorts and flip flops as they talked via speakerphone with Gaby Zavala, the center’s founder. After about half an hour, they left. Ms. Zavala didn’t know it yet, but the men were not volunteers. They were provocateurs building an online following with hidden camera exposés and ambushes that claim to uncover abuse and election fraud in the American immigration system.

Persons: Gaby Zavala, Zavala didn’t Organizations: Resource Center, The New York Times Locations: Resource Center Matamoros, Mexican

☆ Mexico ICJ hearing: Ecuador showdown over embassy raid begins Tuesday
▼ + stars: | 2024-04-29 | by ( Tara John | ) edition.cnn.com time to read: +4 min

CNN —A showdown between Mexico and Ecuador begins on Tuesday at the International Court of Justice (ICJ), the culmination of weeks of recrimination over an incident that saw Ecuadorian forces raid Mexico’s embassy in Quito in April, to arrest a former vice president who had been seeking asylum. Mexico is suing Ecuador at the world court over the armed raid, saying it violated the Vienna Convention, a United Nations treaty on diplomatic relations. The incident drew widespread international condemnation, but Ecuador’s President Daniel Noboa remains unrepentant, telling CNN affiliate SBS news that he does not regret how Glas was arrested. Meanwhile, Ecuador filed a lawsuit of its own at the ICJ against Mexico over its decision to grant asylum to Glas. The diplomatic spat has seen a host of Latin American leaders across the political spectrum rally around Mexico, and several nations sever ties with Ecuador.

Persons: Jorge Glas, Ecuador’s, Daniel Noboa, Glas, Mexico’s, Andrés Manuel López Obrador, Julian Assange, Alicia Barcena, Noboa, –, El, Bukele, Rafael Correa, Correa, CNN’s Abel Alvarado Organizations: CNN, International Court of Justice, Vienna Convention, United, UN, SBS, ICJ, Mexico, Ecuadorian Embassy, Mexican, SBS News, National Assembly Locations: Mexico, Ecuador, Quito, Vienna, United Nations, Mexican, Glas, Ecuador’s, London, Latin America

☆ US and China are buying into Mexico’s manufacturing moment
▼ + stars: | 2024-04-28 | by ( John Towfighi | ) edition.cnn.com time to read: +9 min

CNN —As US supply chains decouple from China, Mexico’s manufacturing sector is emerging as a winner. Ramos said Mexico and China have been competing for the US manufacturing market for years, but amid a shifting US-China relationship, Mexico looks poised to pull ahead. Those exports were driven by manufacturing, which comprises 40% of Mexico’s economy, according to Morgan Stanley. Meanwhile, Chinese exports to the US were down 20% in 2023, compared to 2022. Analysts at Morgan Stanley see the value of Mexico’s exports to the United States growing from $455 billion to about $609 billion in the next five years.

Persons: That’s, nearshoring, Alberto Ramos, Goldman Sachs, Ramos, Morgan Stanley, Katherine Tai, CNN’s Julia Chatterley, Tai, United States Jose Luis Gonzalez, Xeneta, Peter Sand, Jose Enrique Sevilla, John Raines, Goldman’s Ramos, Biden, Raquel Buenrostro, —, Joe Biden, Donald Trump, Trump, ”, Global’s, Raines, Christoffer Enemaerke, “, Tesla, Elon Musk, Julio Cesar Aguilar, BYD doesn’t, RBC’s Enemaerke, Michael Nam Organizations: CNN, Manufacturing, Commerce Department, US Trade, General Motors, Ford, Reuters, Shipping, Container Trade, Xeneta, Moody’s Analytics, P Global Market Intelligence, steelworkers, “, Global’s Sevilla, Macip, RBC, Getty, BYD, ” Sevilla, Monterrey Locations: China, Mexico, Canada, North America, US, Ciudad Juarez, United States, Pittsburgh, Mexican, Monterrey, ”, Nuevo Leon, Asia

☆ Evacuations ordered after dozens of train cars derailed near New Mexico state line, some carrying propane
▼ + stars: | 2024-04-27 | by ( Rebekah Riess | Paradise Afshar | ) edition.cnn.com time to read: +2 min

CNN —Thirty-five rail cars of a train derailed in New Mexico Friday afternoon, prompting evacuations and forcing a 50-mile stretch of Interstate 40 to close. McKinley County Fire & Rescue was dispatched around 12:40 p.m. Friday after the train derailed and caught fire off Interstate 40 near the state line. Six of the derailed train cars were carrying propane, according to BNSF Railway. There is currently “no projected end to this closure,” said New Mexico State Police on Facebook. “I am deeply concerned about the train derailment along the Arizona-New Mexico border and am monitoring the situation closely,” Hobbs wrote.

Persons: ”, Transportation Pete Buttigieg, Katie Hobbs, ” Hobbs, “, Buttigieg Organizations: CNN, Fire, Rescue, BNSF Railway, New Mexico State Police, Facebook, National Transportation Safety, NTSB, Unified Command, Transportation, Tribal, ”, New Locations: New Mexico, McKinley, Arizona, ” Arizona, New Mexican, State of Arizona

☆ Alphabet and Chipotle are among the most overbought names on Wall Street. Here are the others
▼ + stars: | 2024-04-26 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

CNBC Pro used its stock screener tool to identify the most overbought and oversold stocks on Wall Street as measured by their 14-day relative strength index, or RSI. Stocks with a 14-day RSI above 70 are said to be overbought, indicating that shares might soon turn lower. On Thursday, the technology giant posted a first-quarter earnings and revenue beat as its Google Cloud and YouTube advertising revenue outpaced expectations. On the other hand, Ulta Beauty , with an RSI of 21, is one of the most oversold stocks on Wall Street. IBM stock slipped this week after the company posted better-than-expected first-quarter earnings but missed on revenue.

Persons: Jefferies, Ashley Helgans, J.B, Fred Imbert Organizations: Microsoft, CNBC Pro, Google, Hasbro, Hunt Transport Services, Tech, International, Machines, IBM

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