DIRS.INFO The most relevant business & tech news

☆ Title 42: Why the Biden administration expects a surge at the US-Mexico border next week
▼ + stars: | 2023-05-02 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +9 min

Migrant surge expectedThe surge of migrants is expected because Title 42, the Trump-era policy that allowed the government to quickly turn away certain migrants at the border during the Covid-19 pandemic, is expiring. These deployments are not unprecedented in recent years, but this one is notable since it coincides with an expected surge of border encounters. Biden administration’s plan to discourage border crossingsThe administration has tried to discourage migrants from simply crossing the border and promised that people apprehended will be turned away and potentially barred from reentry. Anger from New York’s mayorTexas has been transporting thousands of migrants to cities like New York, Chicago and Washington, DC. “Governor Abbott sent asylum seekers to NY – Black mayor; to Washington – Black mayor; to Houston – Black mayor; to Los Angeles – Black mayor; to Denver – Black mayor.

☆ Head of Mexican migration authority charged over deadly Juarez fire
▼ + stars: | 2023-05-01 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, April 30 (Reuters) - A judge in northern Mexico has ordered the head of the national migration authority charged over a fire late last month that killed 40 migrants at a holding center in the border city of Ciudad Juarez, authorities said on Sunday. After a lengthy hearing, the court in Ciudad Juarez said there was sufficient evidence to charge Francisco Garduno, head of the National Migration Institute (INM), for unlawful exercise of public office, the Federal Judicial Council said. Garduno, an ally of President Andres Manuel Lopez Obrador, is not under arrest, but must report to authorities every two weeks. The fire, which authorities say began after one or more of the migrants set alight mattresses as a protest, killed 40 male migrants, most of them from Central America. Editing by Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

The family of three attended the appointment as a group with five other Haitian asylum-seekers. One family among thousandsDieuvena’s family is among thousands entering the US, as the government tries to process an increasing number of migrants. While one member of their group knew someone in Boston, Dieuvena said her family has neither friends nor family in the city. “The person who gave her this little corner to sleep is not around,” Gabeau told CNN, “so she doesn’t know where to go, what to do because she doesn’t know the area. Dieuvena said if she doesn’t find anything by the end of the day Sunday, she doesn’t know what they’ll do.

☆ New migrant caravan heads for Mexico City to speed up legal route to US
▼ + stars: | 2023-04-23 | by ( Lizbeth Diaz | ) www.reuters.com time to read: +2 min

[1/5] Migrants take part in a caravan towards Mexico City called 'The Migrant's Via Crucis' in memory of the 40 migrants who died during a fire at a migrant detention center in the border city of Ciudad Juarez, as they walk along the road en route to Viva Mexico, Chiapas state, Mexico April 23, 2023. The migrants, mostly Venezuelans, started their march north early in Tapachula, the city bordering Guatemala whose detention centers have been overwhelmed by their vast numbers. Some said they expected to reach Mexico City in about 10 days. Fleeing violence and poverty in Central America, thousands of migrants walk together for safety to Mexico each year, crossing several states in hopes of finding a legal route into the United States. Out of money, he said his family was hoping to speed up the legal process needed for onward travel in Mexico City.

☆ Migrants cried for help in Mexico fire but no one came, survivor recalls
▼ + stars: | 2023-04-04 | by ( Lizbeth Diaz | ) www.reuters.com time to read: +4 min

Thick suffocating smoke was filling the cell where he was held with over 60 other migrants in northern Mexico, but there was no way out. "We screamed for them to open the cell door, but no one helped us," Caraballo, 26, said through tears during a phone interview from his hospital bed. He is anxious to get better so he can be fully reunited with his family and start a new life in the United States. Like millions of others, Caraballo and his family fled Venezuela's economic and political crisis, setting off for the United States last October. The young father was the first to be able to cross into the United States, via the government's CBP One scheme which allows some migrants to formally enter the United States, but returned to Mexico in February after his infant daughter fell ill.

☆ Survivor of Mexico detention fire and his family cross into U.S.
▼ + stars: | 2023-04-01 | by ( Lizbeth Diaz | ) www.reuters.com time to read: +2 min

REUTERS/Jose Luis GonzalezEl PASO, April 1 (Reuters) - After her husband survived a fire which killed dozens of migrants at a detention center in northern Mexico, Venezuelan Viangly Infante crossed into the United States on Saturday, in search of new opportunities for her three children. "The storm has passed," Infante, 31, said while holding back tears as she walked to the vehicle which would take her to a migrant center in El Paso. The family had arrived in Ciudad Juarez just before the new year, but only Caraballo managed to cross into the United States. Mexican authorities have shut down the detention center and arrested five people over the migrants' deaths, including INM staff, a private security agent, and a Venezuelan accused of starting the fire. In the days following the fire, the U.S government announced it would aid those affected, with Infante's family the first to receive help.

☆ U.S., Mexico agree on worker rights plan at Mexican auto parts factory
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: 1 min

WASHINGTON, March 31 (Reuters) - The U.S. and Mexico on Friday announced an agreement to address a U.S. labor trade complaint at the VU Manufacturing auto parts plant in northern Mexico that requires the firm to allow free association rights for the factory's workers. The U.S. Department of Labor said in a statement the agreement "includes a commitment by VU to create a climate that promotes respect for workers' choice of union representation and is free of interference in union activities to the detriment of the most representative union." Reporting by David Lawder Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

☆ Over 1,000 migrants, angered by asylum policies, rush to U.S.-Mexico border
▼ + stars: | 2023-03-30 | by ( Lizbeth Diaz | ) www.reuters.com time to read: +4 min

Migrants said a new U.S. government app meant to streamline the process of securing asylum appointments from outside the United States has left them feeling fed up and helpless. A false rumor circulated on social media Wednesday that migrants surrendering at a specific spot at the border would be able to freely cross into U.S. territory. As they waited for a chance to cross the border, Border Patrol agents and Texas National Guard troops stood motionless in front of the massive metal gate, preventing them from getting through. Multiple migrants said they tried unsuccessfully to obtain a virtual appointment to start the asylum process in the U.S. Since the Biden administration rolled out the app in January, asylum seekers have complained of glitches, high demand, and a lack of appointments.

☆ Mexico's Banorte to add 800 jobs to tap into nearshoring
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, March 29 (Reuters) - Mexican lender Grupo Financiero Banorte (GFNORTEO.MX) is preparing to hire 800 new employees to tap into growing demand from global companies moving their manufacturing operations to Mexico, its chairman told Reuters. The bank, which is one of Mexico's largest and already employs more than 30,000 people in the country, needs to grow its workforce to tap into the so-called nearshoring opportunity, Chairman Carlos Hank Gonzalez said on Tuesday. "We're adding about 800 people to our workforce to be able to capitalize on the opportunities ... 800 people that we're going to integrate just to be able to capitalize on the opportunities for nearshoring," he said. Mexico's top banks and the government alike are increasingly bullish on the country's nearshoring opportunity, with exports expected to soar. A spokesperson for the bank clarified this would be in addition to the 800 being hired in the main unit to cater to the nearshoring trend.

☆ Cheerwine, Vernors Ginger Ale, and 10 other regional soda brands with cult followings
▼ + stars: | 2023-03-22 | by ( Alex Bitter | ) www.businessinsider.com time to read: 1 min

Topo ChicoBottles of Topo Chico water. Tiffany Rose/Getty Images for GBK Brand BarTopo Chico became a nationally recognized brand after Coca-Cola acquired the company for $220 million in 2017. Its sparkling water got national distribution, and Coke rolled out a Topo Chico hard seltzer through a partnership with Molson Coors. But before all that, the brand was a favorite among consumers in Northern Mexico and, in the early 2000s, with Texans. The brand got its US start in Hispanic grocery stores, according to Gerardo Galván, a Topo Chico executive who helped with the brand's expansion.

☆ The most unique regional soda brands with cult followings, from Moxie to Topo Chico
▼ + stars: | 2023-03-22 | by ( Alex Bitter | ) www.businessinsider.com time to read: 1 min

☆ Mexican president calls U.S. State Department 'liars' after rights report
▼ + stars: | 2023-03-21 | by ( ) www.reuters.com time to read: +2 min

MEXICO CITY, March 21 (Reuters) - Mexican President Andres Manuel Lopez Obrador on Tuesday forcefully rejected criticism of his government's record on human rights, describing reports of official abuses made in a new U.S. State Department study as "lies." The report also stated that "impunity and extremely low rates of prosecution remained a problem for all crimes, including human rights abuses and corruption," and criticized violence against journalists in Mexico. Asked about the report at a news conference, Lopez Obrador dismissed it, saying, "they're lying," and noted the U.S. "believes it's the government of the world." "It's not worth getting angry about, that's just how they are," said Lopez Obrador, who is due to meet with former U.S. Secretary of State John Kerry in Mexico later on Tuesday. State Department acting spokesperson Vedant Patel, speaking at a news briefing, rejected criticism that Washington was acting like "the government of the world" and doubled down on the findings of the human rights report.

☆ Mexico finds 'serious irregularities' in labor probe at VU Manufacturing
▼ + stars: | 2023-03-17 | by ( ) www.reuters.com time to read: +2 min

Companies Carparts.Com Inc FollowMEXICO CITY, March 16 (Reuters) - Mexico's government on Thursday said it concluded there were "serious irregularities" hindering free association and collective bargaining at U.S. auto parts maker VU Manufacturing's operations in northern Mexico. "It was determined that there are serious irregularities and decisive actions on the part of the company to obstruct the free exercise of the rights to freedom of association and collective bargaining within VU Manufacturing," the government said in a statement. It added that it would seek to ensure workers can fully exercise their collective rights without disrupting bilateral trade. Michigan-based VU Manufacturing did not immediately respond to a request for comment. The U.S. government earlier said it received a petition in December from two Mexican labor organizations stating that workers at VU Manufacturing were being denied the right of free association and collective bargaining.

☆ Another friend traveled all the way to Texas with the 4 Americans who were kidnapped in Mexico but didn't cross the border with them because she didn't have her ID
▼ + stars: | 2023-03-09 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +3 min

A friend of the four kidnapped Americans in Mexico traveled all the way to Texas with the group. But the woman stayed behind at a hotel in Texas because she didn't have her ID, the AP reported. That's all, and this happened to them," Orange told the AP. Zalandria Brown, Zindell Brown's sister, previously told the AP that her brother was worried about crossing the border. Meanwhile, Williams' wife, Michelle Williams, told WBTW that she had no clue her husband was headed to Mexico.

☆ Wife of American man kidnapped in Mexico didn't know he was crossing the border. He just said he needed to help out a couple of friends.
▼ + stars: | 2023-03-08 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +2 min

The wife of one of the Americans kidnapped in Mexico didn't know he was headed there. Michelle Williams, the wife of Eric Williams, told WBTW in an interview that she only knew her husband was helping out two friends. I just knew he was going somewhere to help two friends," the wife told the news outlet. Meanwhile, Brown's sister, Zalandria Brown, told the Associated Press that her brother was worried about crossing the border. "This is like a bad dream you wish you could wake up from," Zalandria Brown told the AP.

☆ Four U.S. Citizens Missing After Being Abducted in Mexican Border City
▼ + stars: | 2023-03-06 | by ( José De Córdoba | Anthony Harrup | ) www.wsj.com time to read: 1 min

Matamoros, pictured in 2019, has recently become a battleground between two heavily armed gangs. Four U.S. citizens were kidnapped in northern Mexico after gunmen opened fire on their vehicle shortly after they crossed the border into Matamoros from Brownsville, Texas, U.S. officials said late Sunday. The Federal Bureau of Investigation’s San Antonio division said it was seeking help in locating the four individuals, who were abducted on Friday. The FBI is offering a $50,000 reward for information leading to their return or the capture of those responsible.

☆ Four U.S. Citizens Missing After Being Abducted in Matamoros, Mexico
▼ + stars: | 2023-03-06 | by ( José De Córdoba | Anthony Harrup | ) www.wsj.com time to read: 1 min

Matamoros has recently become a battleground between two heavily armed gangs. Four U.S. citizens were kidnapped in northern Mexico after gunmen opened fire on their vehicle shortly after they crossed the border into Matamoros from Brownsville, Texas, U.S. officials said late Sunday. The Federal Bureau of Investigation’s San Antonio division said it was seeking help in locating the four individuals, who were abducted on Friday. The FBI is offering a $50,000 reward for information leading to their return or the capture of those responsible.

☆ Four U.S. Citizens Missing After Being Kidnapped in Matamoros, Mexico
▼ + stars: | 2023-03-06 | by ( José De Córdoba | Juan Montes | ) www.wsj.com time to read: 1 min

The FBI and Mexican army soldiers are mounting a search effort for the four individuals. Four U.S. citizens were kidnapped in northern Mexico after gunmen opened fire on their vehicle shortly after they crossed the border into Matamoros from Brownsville, Texas, U.S. and Mexican officials said. The Federal Bureau of Investigation’s San Antonio division said Sunday it was seeking help in locating the four individuals, who were abducted on Friday. The FBI is offering a $50,000 reward for information leading to their return or the capture of those responsible.

Two of the four Americans who were shot at by gunmen and kidnapped shortly after crossing the border into northern Mexico last week are dead, according to the governor of Tamaulipas state. McCleod said the group is from South Carolina, and had been traveling in a rental vehicle with North Carolina license plates when they entered Matamoros. The FBI confirmed that the group was traveling in a white minivan with North Carolina plates. Zalandria Brown of Florence, South Carolina, told The Associated Press that her younger brother, Zindell, was among the four victims. She said she had been in contact with the FBI and local officials after learning her sibling had been kidnapped.

☆ Search underway for four Americans kidnapped in Mexico
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, March 6 (Reuters) - Mexican and U.S. authorities said on Monday they were working to locate four Americans who were shot at by gunmen in northern Mexico and then kidnapped shortly after crossing the border. The armed men allegedly fired on the passengers shortly after their vehicle crossed into Mexico and then herded them into another vehicle before fleeing the scene, the embassy said. A Mexican official told Reuters three men and one woman were kidnapped. Mexico's president said the Americans had crossed into Mexico to buy medication. The FBI is offering a $50,000 reward for the return of the four and the arrest of those involved.

☆ Site of Tesla Mexico factory near double size of Texas plant, local official says
▼ + stars: | 2023-03-03 | by ( Daina Beth Solomon | ) www.reuters.com time to read: +2 min

Jesus Nava, the mayor of Santa Catarina in the state of Nuevo Leon, said in an interview that Tesla is purchasing the site from private owners. He said the land spans nearly 4,200 acres in an industrial zone, more than double the size of Mexico City's international airport. Tesla's factory in Austin, Texas - one of three existing Tesla vehicle plants - sits on 2,500 acres, according to Tesla's website. Nava said Tesla will reveal what vehicles it will produce at the Nuevo Leon factory when it breaks ground, which it plans to do in three months. Tesla uses recycled water, and such companies typically use minimal liters of water per second, he added.

☆ Premarket stocks: Meme stocks have revolutionized investor days
▼ + stars: | 2023-03-01 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

But they’re also bowing to pressure from retail investors to be more transparent. What’s happening: Investor days evolved from analyst days — meetings that large, public companies historically held privately for their core institutional investors and Wall Street analysts. But the recent influx of retail investors into the stock market has changed that. “A lot of these companies know they need to focus on retail investors now,” said Katie Perry, general manager of investor relations at investing platform Public. ▸ Tesla’s first-ever investor day will be live-streamed Wednesday from its Gigafactory in Austin, Texas.

☆ Mexican president says Tesla to build plant in Mexico
▼ + stars: | 2023-02-28 | by ( ) www.cnbc.com time to read: +2 min

MEXICO CITY, MEXICO - FEBRUARY 27, 2023: Mexican President Andres Manuel Lopez Obrador at the daily morning press conference at the National Palace in Mexico City. On February 27, 2023 in Mexico City, Mexico. Mexico's President Andrés Manuel López Obrador said Tuesday that electric car company Tesla has committed to building a plant in the city of Monterrey, an industrial hub in northern Mexico. López Obrador said the promise came in phone calls he had Friday and Monday with Tesla head Elon Musk. "There is one commitment that all the water used in the manufacture of electric automobiles will be recycled water," López Obrador said.

☆ Mexican president gives green light to Tesla plant in northern Mexico
▼ + stars: | 2023-02-28 | by ( ) www.reuters.com time to read: +2 min

MEXICO CITY, Feb 28 (Reuters) - Electric vehicle maker Tesla Inc. (TSLA.O) will build a new plant in the northern Mexican city of Monterrey, President Andres Manuel Lopez Obrador said on Tuesday, dispelling concerns his government could block the deal over water shortages. Lopez Obrador said the two sides had reached agreement after a call with Tesla Chief Executive Elon Musk on Monday, following a separate conversation he said the two held late last week. "This will represent a considerable investment and many, many jobs," Lopez Obrador told reporters, saying Musk had been receptive to Mexico's concerns and accepted its proposals. Speaking at a news conference, Lopez Obrador said Tesla would likely give more details of its plans on Wednesday. Speculation about the prospect of Tesla going to Mexico has circulated for months, and the plant is set to become one of the major investments of the Lopez Obrador administration.

☆ Tesla can't build in northern Mexico if water is scarce, president says
▼ + stars: | 2023-02-24 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, Feb 24 (Reuters) - Tesla Inc. would be denied permits to build a plant in the northern Mexican state of Nuevo Leon, where it has eyed investing, if water is scarce, Mexican President Andres Manuel Lopez Obrador said on Friday. Lopez Obrador called out arid Nuevo Leon for its water scarcity earlier this week, instead touting the benefits of Mexico's poorer southern region where he has sought to increase development. In 2020, he said he would withhold permits for a Constellation Brands (STZ.N) brewery in the northern state of Baja California after criticizing the project for consuming too much water in a dry zone. On Friday, the leftist leader praised Constellation for choosing to relocate to a state in southeastern Mexico. "They understood very well," Lopez Obrador said.

Search resuls for: "Northern Mexico"

25 mentions found