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Data from Mexico's financial products watchdog Condusef shows that the accounts would be the highest-yielding ones offered in the local financial sector. Other Latin American fintechs like Brazil's Nubank (NUN.MX) and Argentina's UALA have also launched savings accounts this year in Mexico, where data from the national statistics agency showed less than half of the population has savings accounts. The Mexican arms of Nubank and UALA both offer 9% yields on their savings accounts, already much higher than most banks. Stori expects to reach 3 million savings account holders by the end of next year, said its General Manager of New Products Sergio Duenas. ($1 = 18.0044 Mexican pesos)Reporting by Valentine Hilaire; Editing by David Alire Garcia, Christian Plumb and Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

Persons: Marlene Garayzar, Sergio Duenas, Valentine Hilaire, David Alire Garcia, Christian Plumb, Marguerita Choy Organizations: MEXICO CITY, Wednesday, Reuters, The Bank of, New, Thomson Locations: MEXICO, Mexico, The Bank of Mexico, Nubank

Voter turnout was “historic” at 82.33% despite initial security concerns, Ecuador’s National Electoral Council president Diana Atamaint said after polls closed Sunday. “We will inform the country of the first results as the votes are processed,” she said. Ecuador’s Interior Minister Juan Zapata also assured the country in a news conference that there had been no security incidents to report. “Governing Ecuador right now is hell – this presidency is designed to eliminate you from political life,” Freeman said. The new president will have relatively little time to work on a solution to the country’s woes.

Persons: Luisa González, Daniel Noboa, Fernando Villavicencio, Diana Atamaint, “, Atamaint, Juan Zapata, Guillermo Lasso, ” Will Freeman, Rafael Correa, González, César Ortiz, Ortiz, ” Freeman Organizations: CNN, Electoral, Nacional, Council, Foreign Relations, Movimiento Revolución Locations: Ecuador, Sucumbios, America, Belgium, Peru, Colombia, Europe, Quito

☆ As the U.S. birth rate falls, immigration reform may be 'the answer hiding in plain sight,' analyst says
▼ + stars: | 2023-10-12 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +3 min

But immigration policy reform could be one solution, some experts say. In 2022, foreign-born U.S. residents — including legally admitted immigrants, refugees, temporary residents and undocumented immigrants — represented about 18% of U.S. workers, up from 17.4% in 2021, according to the U.S. Bureau of Labor Statistics. A pathway to citizenship for undocumented immigrants would offer eligible workers better education and employment opportunities while boosting federal tax revenue, Vimo said. Reform could offer 'huge benefits' to tax baseDepending on the scope of changes, immigration policy reform could provide "huge benefits" to the U.S. tax base and economy, said Silva Mathema, director for immigration policy at the Center for American Progress. In a 2021 report, the organization modeled the economic impact of four scenarios involving a pathway to legalization and citizenship for undocumented immigrants.

Persons: Nicholas Kamm, Lea, Jackie Vimo, —, Vimo, Silva Mathema, Steven Camarota Organizations: AFP, Getty, Social Security, Centers for Disease Control, National Immigration Law Center, U.S . Bureau of Labor Statistics, Center for American, American Immigration, Immigrants, National Immigration Law, Center for Immigration Studies Locations: U.S

That's almost half the nearly 6.7 million Latinas who live in those states, representing the largest group of women of color affected by the court's decision. Financially insecure women are more likely to be affected by state bans and restrictions, the report notes, because they are likely to lack funds to travel to another state for abortion care. Roughly 1.4 million Latinas in these 26 abortion-restricted states work in service occupations, according to the report. Twenty-six states have banned or further restricted abortion services by providers such as Planned Parenthood since the Supreme Court overturned the landmark Roe v. Wade case. Michael B. Thomas | Getty Images News | Getty ImagesAt large, Hispanic women or Latinas are over represented in low-wage occupations, such as servers and cleaners.

Persons: Roe, Wade, Lea, That's, Lupe M, Shaina Goodman, Michael B, Thomas, Dobbs, Candace Gibson, Goodman, Rachel Greszler Organizations: National Partnership for Women, National Latina Institute, Reproductive, Getty, U.S . Department of Labor, Heritage Foundation

The logo of Mexico's Central Bank (Banco de Mexico) is seen at its building in downtown Mexico City, Mexico February 28, 2019. Mexico could lure annual foreign direct investment flows of $55 billion to $60 billion if it takes better advantage of nearshoring, up from $36 billion in 2022, she said. That has dampened expectations Mexico could benefit from increased investment in semiconductors in North America. Mexico still faces competition to win investment from both North and Central America, plus Colombia, he said. "I don't think this measure is a game-changer to persuade those who have doubts," said Vejar.

Persons: Daniel Becerril, Gabriel Yorio, Andres Manuel Lopez Obrador, Gabriela Siller, Siller, Yorio, Lopez Obrador, Ramse Gutierrez, Franklin Templeton, Tesla, Carlos Vejar, Valentine Hilaire, Dave Graham, Anthony Esposito, Grant McCool, Sonali Paul Organizations: Mexico's Central Bank, Banco, REUTERS, MEXICO CITY, Banco Base, Central America, Thomson Locations: Banco de Mexico, Mexico City, Mexico, MEXICO, Asia, China, North America, Canada, United States, Franklin Templeton Mexico, Nuevo Leon, Mexican, North, Central, Colombia

☆ Mexican liquors and beers are on the rise in the U.S. — here’s what’s driving the torrid growth
▼ + stars: | 2023-10-08 | by ( Stefan Sykes | ) www.cnbc.com time to read: +7 min

"Tequila has been such a national treasure here in Mexico," said Guilherme Espagnoli Martins, global brand director of Diageo-owned Don Julio Tequila. The Mexican beer boomIt's not just tequila and mezcal — Mexican beer is booming, too. Mexican beer imports into the U.S. are up 10.6% in 2023, according to alcohol research firm Bump Williams Consulting. watch nowA spokesperson for Constellation told CNBC that Mexican beer sales grew as Hispanic culture gained a stronger foothold around the world. Constellation on Thursday reported quarterly results that topped Wall Street estimates, driven by the surge in demand for its Mexican beer brands.

Persons: Mario Tama, Lea, Tequila, Guilherme Espagnoli Martins, Don Julio Tequila, Don Julio, George Clooney, Martins, Don, Don Julio Tequila Blanco, Bump, Bud Light, Cowen, Vivien Azer, InBev's Bud, Constellation's, Azer, Jonnie Cahill, Tecate, Cahill, Heineken's, It's, Dos Equis, Eduardo, Lalo, González, LALO Blanco Tequila, Don Julio González Organizations: Modelo Especial, Getty, U.S, Experts, Diageo, CNBC, Bump Williams Consulting, Mexico's Modelo Especial, Constellation, Modelo, Constellation Brands, Anheuser, Busch InBev, InBev's, Heineken USA, Cinco de Mayo, Dos, Corona Locations: Los Angeles , California, U.S, Mexico, The U.S, United States, British, Mexican, Modelo, Dos

☆ El Salvador’s abortion laws are notoriously harsh. These women say they were convicted of homicide after having stillborn babies
▼ + stars: | 2023-10-08 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +19 min

CNN —A sign greets visitors arriving at a sun-filled two-story house in El Salvador’s capital. But within El Salvador, a largely Catholic and evangelical Christian country, some viewed the women’s accounts with skepticism and hostility. Again, the UN’s human rights office weighed in, calling El Salvador’s laws “draconian.”Two months later, 11 justices from El Salvador’s Supreme Court commuted Vásquez’s sentence, saying evidence in the case did not prove that she had taken any action to end her baby’s life. The Harvard professor has been studying these women’s cases and the impact of El Salvador’s abortion restrictions for years. This shows her after a visit in August 2018, six months after El Salvador's Supreme Court commuted her sentence.

Persons: Teodora Vásquez, they’ll, It’s, El Salvador, it’s, Vásquez, who’ve, “ We’ve, ” Vásquez, “, ”, Teodora, Oscar Rivera, Salvador Melendez, Jocelyn Viterna, ” Viterna, Viterna, Dana Sussman, —, Benedicte, Ra’ad Al Hussein, José Miguel Fortín Magaña, Jose Cabezas, El, ‘, ’ ” Vásquez, Libres, who've, Jessie Wardarski, “ I’ve, Jacqueline Castillo, “ It’s, ” Castillo, she’s, Mujeres, there’s, Marvin Recinos, She’s, Merlin Delcid, CNN’s Tierney Sneed Organizations: CNN, El, Getty, Hollywood, Amnesty, of Women, Harvard University, Salvadoran, Pregnancy, UN, Human Rights, El Salvador’s Institute of Legal Medicine, Reuters, Citizen Group, Harvard, Mujeres Libres El, Inter, American, of Human, “, of Steel Locations: El Salvador’s, “, Libres El Salvador, Mujeres, Salvadoran, El Salvador, United States, New York, El, San Salvador, Mujeres Libres, Mujeres Libres El Salvador, AFP

☆ How Karol G went from a Latin music star to a fashion icon
▼ + stars: | 2023-10-06 | by ( Robb Young | Graciela Martin | ) edition.cnn.com time to read: +24 min

With 66 million followers on the platform, Karol G ranks 70th in terms of follower count but 6th when it comes to engagement rates. But the label’s enthusiasm for its Karol G campaign a half-year after its release is telling, nonetheless. Karol G attends the #BoF500 Gala during Paris Fashion Week at Shangri-La Hotel Paris on September 30, 2023 in Paris, France. By the time Karol G entered the scene in a big way, fashion, luxury and sportswear giants were still warming up to her male counterparts. People aren’t as fixated on that anymore.”Indeed, it is the shift in attitudes toward language that appears to have helped Karol G secure the Loewe deal.

Persons: Karol G, Jonathan Anderson, Karol’s, Shakira, — Karol G, Provenza, “, ”, Nicki Minaj —, Karol, Karol G's, she’s, Lea Colombo, “ Karol G, Charlie Smith, Loewe, couldn’t, Ricky Martin’s, hasn’t, “ I’ve, Anderson, Karol G’s, ” Karol G, Christopher Polk, SocialBook, Kim Kardashian, Julian Martinez, ” Martinez, “ Karol, Miu, Roberto Cavalli, Gina Ferazzi, Loewe’s Smith, Jacquemus, Barbie, Emilio Pucci, —, Vetements, Rick Owens, Pascal Le Segretain, Maykol Sanchez, Spotify’s, Yankee’s, Don Omar’s, Maluma, J, Nicky Jam, . Ivy Queen, Jennifer Lopez, Shakira —, Burberry —, Becky G —, Karol —, Ovy, Bad Bunny, Rich Fury, Karla Martínez, There’s, Leila Cobo, Billboard’s, ” Cobo, aren’t, “ Jonathan, ” Karol, Carolina Giraldo Navarro, Colombia’s, J Balvin, Cobo, She’s, ” she’s, haven’t, ’ ” Karol G, Alexander Tamargo, Nina García, Elle, García, ” García, I’ve, I’m, it’s, Brett Alan Nelson, I’d Organizations: The, Fashion, CNN, —, Billboard, MTV, New York City’s Rockefeller Center, Variety, Los Angeles Times, Getty, Brands, Los, Paris, Spotify, Reebok, Umbro, Dolce, Gabbana, Nike, Guess, Adidas, Trailblazers, Burberry, Levi’s, Kappa, Puerto Rican, Pew Research Center, Limits, Vogue Mexico, reggaeton’s, Loewe, Carolina, Puerto Locations: Spanish, ”, Latin America, New York, Newark , New Jersey, California, Versailles, bejeweled, Paris, France, Spain, Italy, Germany, Canada, America, Balmain, Barcelona, Rosalía, American, Panama, Jamaica, Puerto Rico, Dominican, Caribbean, Medellín, Colombia, Puerto, Miami, Mexico City, Buenos Aires, Santiago, Chile, Austin, Austin , Texas, Mexico, North America, Europe, Dubai, Singapore, Nairobi, Puerto Rican, Sera, Miami , Florida, Colombiamoda

☆ Streaming companies chase Spanish-language sports rights to capture growing Hispanic viewership
▼ + stars: | 2023-10-06 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +3 min

It's an effort to diversify viewership and advertising opportunities — and to capitalize on a growing Hispanic streaming audience. Hispanic audiences spend nearly nine hours per day consuming media, the majority of which is TV viewership, according to a recent study from Nielsen based on viewership habits from July. The study noted the Hispanic audience has been at "the forefront of cord-cutting," making it a growing majority of streaming viewership, too. According to the findings, Hispanic viewers spend more than 50% of their time consuming TV through streaming, eclipsing the general population, at nearly 40%. Traditional media companies across the board have been doling out cash for sports as live games still command the highest traditional TV viewership.

Persons: Roberto Firmino, Eder Militao, NBCUniversal's, It's, Shirin Malkani, Perkins, Lea, Eli Velazquez, Lionel Messi Organizations: Liverpool, Real Madrid, UEFA Champions, Liverpool FC, Anfield, . Media, Canela Media, Telemundo, ESPN, Nielsen, Telemundo Deportes, Major League Soccer's Inter Miami Locations: Real, Liverpool, England, Spanish, U.S

☆ 'The Exorcist: Believer' and Hispanic audiences: A match made in horror movie heaven
▼ + stars: | 2023-10-05 | by ( Mike Calia | ) www.cnbc.com time to read: +8 min

In this article CMCSAUVV Follow your favorite stocks CREATE FREE ACCOUNTStill from the set of "The Exorcist: Believer." The new "Exorcist" movie will draw big Hispanic audiences. Universal is seeing stronger-than-average Hispanic interest for "The Exorcist: Believer" as the movie heads into its opening weekend, according to people familiar with the matter. Hispanic and Latino viewers will have a big say in how "The Exorcist: Believer" does at the box office, no matter what. They tend to represent 26% of horror movie audiences, compared with 20% for other genres, according to the Comscore/Screen Engine PostTrak Audience Survey.

Persons: Lea, Rolando Rodriguez, Leslie Odom Jr, Hamilton, Taylor Swift, Paul Dergarabedian, R.C, Jara, Max von Sydow, Linda Blair, Bela Lugosi, Guillermo del Toro, bogeyman El, Llorona, Angel Melanson, they're, William Peter Blatty, Ellen Burstyn, Jason Miller, Melanson, David Gordon Green, Alfred Hitchcock's, William Friedkin, there's, Green Organizations: Studios, National Association of Theatre Owners, Comscore, Survey, Bettmann, Getty, Universal, CNBC, Pew Research Center, Universal Studios, Hollywood Locations: Cuban, Georgia, Hollywood, United States

☆ In the country of ‘machismo,’ a woman will be the next president
▼ + stars: | 2023-10-04 | by ( Rafael Romo | ) edition.cnn.com time to read: +7 min

Sheinbaum, a 61-year-old former Mexico City mayor and longtime political ally of Lopez Obrador, hit all the right notes in thanking him. Lopez Obrador promises to ‘retire completely’Schettino believes the immensely popularly Lopez Obrador views Sheinbaum as his extension in power. In 2012, Lopez Obrador created Morena as a political party. “President López Obrador, a dinosaur who not only is a dinosaur, but also has the vocation of a tyrant. Earlier this year, Lopez Obrador denied he had any favorites among his party’s hopefuls or that he was pushing for one candidate or another behind the scenes.

Persons: Andrés Manuel López Obrador, Claudia Sheinbaum, Lopez Obrador, Morena, Sheinbaum, ”, –, Xochitl Gálvez, It’s, Lopez, Xochitl Galvez, wasn’t, Gálvez, López Obrador, Vicente Fox, Gálvez unapologetically, Macario, she’s, don’t, ” Schettino, “, let’s, it’s, ” Sheinbaum, ‘, Schettino, hew Organizations: CNN, Mexico City, Broad Front, PAN, PRI, PRD, Front, Mexican Congress, Social, Institutional Revolutionary Party, Party of Democratic Locations: Mexico City, Mexico, Monterrey, Mexican, Mexico’s

This was not a WWE wrestling show, but the 2023 presidential race in Argentina where political outsider Javier Milei is the leading candidate. Argentine presidential candidate Javier Milei for La Libertad Avanza coalition gestures next to Carolina Piparo, candidate for Governor of the Province of Buenos Aires, during a campaign rally in La Plata, Buenos Aires on September 12. Milei is presenting himself as the candidate of renewal – an offer that clearly struck a chord with people in the primary vote. “I’ll vote for Milei because I think he’ll change things,” says Eduardo Murchio, a taxi driver in Argentina’s capital Buenos Aires. A worker receives Argentine peso banknotes in a shop in Buenos Aires on Sept. 26, 2023.

Persons: “, Javier Milei, –, ”, Donald Trump, Jair Bolsonaro, Carolina Piparo, Agustin Marcarian, Trump, Milei, Milei’s, Eduardo Murchio, “ I’m, it’s, Erica Canepa, Milton Friedman –, Javier Marcus, Marcus, dollarizing, Bolsonaro, Teresa Fria, Pope Francis, Pope, Satan ”, “ Pope Francis, Emiliano Lasalvia, Patricia Bullrich, Sergio Massa, Massa, Cristina Fernandez de Kirchner, Bullrich, Anita Pouchard Serra, Claudio Jacquelin, Facundo Nejamkis Organizations: CNN, WWE, Argentine, La Libertad, National Institute of Statistics, Reuters, Bloomberg, Getty, Rosario National University, Trump, Catholic, CIA, Milei, Unity, Homeland, La, Español Locations: Argentina, Mar del Plata, Argentine, Carolina, Province of Buenos Aires, La Plata, Buenos Aires, Latin America, Ecuador, El Salvador, Panama, AFP, Argentina's

☆ Some Walmart delivery drivers are buying their credentials online — letting anyone deliver goods to your door
▼ + stars: | 2023-09-30 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

Posts claiming to sell Walmart Spark driver accounts are popping up on social media. Some Spark drivers have been using multiple names to pick up or shop orders at Walmart. That can take weeks or months, since many parts of the US have waiting lists full of potential Spark drivers. The app also asked some drivers to verify themselves every few days or weeks, according to three drivers Insider spoke with. Walmart previously told Insider that "sharing accounts, using another person's account, activating multiple accounts, or entering false information" violates its terms for Spark drivers.

Persons: they're, —, Alex Bitter Organizations: Walmart, Service, Facebook, Spark Locations: Illinois

It's worth being aware of those financial effects, experts say, because caregiving is an important touchstone in Latino culture. Latino caregivers have high financial strainFamily caregivers spend on average 26% of their annual income on caregiving activities, according to a 2021 report by AARP. The organization calls that measure "financial strain," and bases it on the caregiving expenses relative to a caregiver's annual income. Compared to other races and ethnicities, Hispanic and Latino caregivers have the highest financial strain, AARP found, with caregiving expenses that account for 47% of annual income. Explore claiming your family member as a dependentThere can be financial advantages to claiming a family member you are caring for as a dependent on your tax returns.

Persons: Jose Luis Pelaez, —, Lea, It's, it's, Marianela, Collado, Roberto, Amanda Corral, Roberto Corral Organizations: Inc, Getty, CFP Louis Barajas, International Private Wealth, AARP, Latina, U.S, CNBC FA, Financial, caregiving, Medicaid Locations: , Florida, Irvine , California, U.S, Mexico, Canada, Barajas, Amanda Corral of California, California

☆ Tocoron: Venezuela regains control of prison where inmates built swimming pool, restaurants
▼ + stars: | 2023-09-24 | by ( Stefano Pozzebon | ) edition.cnn.com time to read: +2 min

CNN —The Venezuelan government invited journalists to tour the Tocoron Penitentiary Center in Aragua state on Saturday – days after security forces reclaimed control of a prison that has spent many years under the control of gangs. On Wednesday, Venezuelan security forces including the Army and National Guard conducted a special operation with more than 11,000 personnel to regain control of the prison grounds. Venezuela Minister of the Interior and Justice, Admiral Remigio Ceballos, speaks during a press conference in the Tocoron prison in Aragua State, Venezuela, on September 23. Yuri Cortez/AFP/Getty ImagesJournalists, including a CNNe team, were shown where inmates had built a swimming pool and several restaurants inside the prison walls in recent years. “I haven’t heard anything since this whole thing started on Wednesday,” Claribel Rojas, the sister of an inmate from the Tocoron prison, told CNNe on Saturday.

Persons: Remigio Ceballos, Ceballos, ’, ”, Admiral Remigio Ceballos, Yuri Cortez, ” Claribel Rojas, CNNe, “ Organizations: CNN, Tocoron, Venezuelan Information Ministry, Army, National Guard, CNN en Espanol, Interior, Justice, Getty Images Journalists, US State Department Locations: Aragua, Venezuelan, Venezuela, Aragua State, AFP, Tocoron, Colombia, Ecuador, Peru, Argentina

☆ How an astronaut’s experience as a migrant worker helped him soar into space
▼ + stars: | 2023-09-24 | by ( Catherine E. Shoichet | ) edition.cnn.com time to read: +9 min

CNN —More than a decade after he became the first former migrant worker to soar into space as a NASA astronaut, José Hernández reached another milestone this month. Hernández, an engineer, made history aboard the Space Shuttle Discovery in 2009, the first shuttle mission sending two Latino astronauts into space. The film portrays Hernández’s perseverance as the space agency rejected Hernández’s astronaut applications 11 times before selecting him for the program in 2004. And it shows what a critical role Hernández’s family played supporting him along the way. Daniel Daza/PrimeIn a 2016 interview with CNN, Hernández described how important Adela was in his journey.

Persons: José Hernández, Michael Peña, ” Hernández, we’ve, Hernández, Daniel Daza, Salvador Hernández, “ I’d, they’d, ”, Julio César Cedillo, “, Alejandra Márquez Abella, bachelor’s, Rosa Salazar, Hernández’s, Adela, Obama, Reuters Hernández, Steve Ueckert, Alejandra, “ It’s, he’d, hadn’t, Nicole Stott, Christer Fuglesang, Jose Hernandez, Patrick Forrester, Kevin Ford, Joe Raedle, he’s, Eduardo Serralde, CNN’s Octavio Blanco Organizations: CNN, NASA, International Space, Amazon Prime, Space Shuttle Discovery, “, Lawrence Livermore National Laboratory, Televisa, Mexican TV, Space Station, Reuters, Canada, United States, Español, Houston Chronicle, Stars, Discovery, Kennedy Space Center, KCRA Locations: California, “, Mexico, Mexican, Michoacán, North America, Canada, United States, United, Cape Canaveral , Florida, Luna

☆ One out of 5 college-educated workers say they're worried about losing their jobs to tech — a big increase over 2021's poll
▼ + stars: | 2023-09-11 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

22% of US workers say they worry technology will replace their jobs — an increase from 2021, Gallup says. Workers with concerns tend to be young, college-educated, and make under $100k a year. The growing fear comes as AI tools like ChatGPT can now perform job tasks like writing and coding. And when considering just college-educated workers, the rise in worry is even sharper: from 8% who were worried in 2021 to a whopping 20% who are worried today, the poll says. The rapid development of generative AI technology, the Gallup researchers say, "may be changing the stereotype of what computers can do in the workplace."

Persons: Gallup, Alexis Ohanian, it's, ChatGPT, Goldman Sachs, Gray, Emily Hanley, Suumit Shah, Gallup didn't Organizations: Service, Gallup, Challenger Locations: Wall, Silicon

☆ A writer says he was laid off after a media company began using AI to translate articles: 'An AI took my job, literally'
▼ + stars: | 2023-09-08 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +4 min

A writer and translator says he was laid off after his company, Gizmodo en Español, began using AI. The site, Gizmodo en Español, now appears to be using AI to translate articles from English to Spanish. On Tuesday they shut down @GizmodoES to turn it into a translation self-publisher (an AI took my job, literally)." They shared the memo sent to staff by Gizmodo's editorial director, which said, "Wednesday morning, G/O began publishing Gizmodo stories translated into Spanish using an automated system." This is not the first time workers have complained of being traded in for new AI tech.

Persons: Matías, Zavia, Arvind Krishna Organizations: O Media, Service, GMG Union, The Writers Guild of America, Gizmodo, Media, Companies, IBM Locations: Wall, Silicon, Spanish, East

MEXICO CITY, Sept 7 (Reuters) - Mexican fintech Stori on Thursday announced the acquisition of MasCaja, a financial firm that will provide it a license to broaden its product portfolio in a market where many lack access to financial services. "We want to take the next step to boost financial inclusion," Stori co-founder Marlene Garayzar told Reuters. Stori, which reached unicorn status last year, already offers credit cards with lines starting at 500 Mexican pesos ($28), in a country where government data shows less than 35% of the adult population has formal credit. Earlier this year, Stori said it had reached 2 million users. ($1 = 17.5722 Mexican pesos)Reporting by Valentine Hilaire; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

Persons: Stori, Marlene Garayzar, Nubank, Valentine Hilaire, Leslie Adler Organizations: MEXICO CITY, Reuters, ABC Capital Bank, Thomson Locations: MEXICO, Mexico, Argentine

CNN —Mexico seems set to elect its first female president in next year’s election after the country’s leading parties both unveiled women candidates. Sheinbaum is a former mayor of Mexico City who has long been considered a favorite to get the nomination. Born in Mexico City in 1962, Sheinbaum has a degree in physics and a PhD in energy engineering. Senator Xóchitl Gálvez, opposition candidate for Mexico's 2024 presidential election, speaks at the Angel of Independence monument, in Mexico City, on Sunday. From 2015 to 2018, she served as the mayor of the Miguel Hidalgo borough in Mexico City.

Persons: Morena, Claudia Sheinbaum, Xóchitl Gálvez, Andrés Manuel López Obrador, Sheinbaum, Obrador, Gálvez, Marco Ugarte, López Obrador, …, ” Gálvez, Miguel Organizations: CNN, Sunday, Mexico City, Frente Amplio, Institutional Revolutionary Party, Twitter, PRI, National Action Party, PAN, Democratic Revolution Party, Español, Senate, Federal Locations: Mexico, Mexico City, Frente Amplio Por Mexico, Morena, Miguel Hidalgo

A banner for Nubank, the Brazilian FinTech startup, hangs on the facade at the New York Stock Exchange (NYSE) to celebrate the company's IPO in New York, U.S., December 9, 2021. REUTERS/Brendan McDermid/File photo Acquire Licensing RightsMEXICO CITY, Sept 5 (Reuters) - Nubank, one of Latin America's biggest fintech companies, announced on Tuesday the launch of personal loans for the Mexican market, aiming to boost its financial services portfolio in the region's second-largest economy. The new product will allow customers to obtain personal loans in less than five minutes through its platform, the digital bank's Mexican arm, known as Nu Mexico, said in a statement. "Around 20% of the adult population connected by smartphones in Mexico has already applied to a Nu product. Executives from the fintech firm told Reuters last month Mexico is the market showing more potential for growth, and the company is ready to roll out products at a faster pace next year.

Persons: Brendan McDermid, Ivan Canales, Brazil's Nubank, Valentine Hilaire, Sandra Maler Organizations: New York Stock Exchange, REUTERS, Reuters, Thomson Locations: New York, U.S, MEXICO, Mexico

☆ Prince Harry among star-studded crowd watching Lionel Messi and Inter Miami defeat LAFC
▼ + stars: | 2023-09-04 | by ( George Ramsay | ) edition.cnn.com time to read: +3 min

CNN —No athlete attracts an A-list crowd quite like Lionel Messi, as demonstrated by Sunday’s Major League Soccer game between Inter Miami and Los Angeles FC. Ticket demand for Miami games has soared since the Argentinian’s arrival, with the average prices around $690 for Sunday’s match – the most expensive MLS game ever, according to online marketplace TickPick. Since moving from Paris Saint-Germain, Messi is having a huge impact on the pitch, as well as off it. Messi spoke with actor Owen Wilson after the game between LAFC and Inter Miami. It next faces Sporting Kansas City on September 9, while LAFC, currently third in the West Conference standings, plays the Portland Timbers.

Persons: Lionel Messi, Prince Harry, Leonardo DiCaprio, Owen Wilson, Edward Norton, Will Ferrell –, LAFC, Selena Gomez, Tyga, Germain, Messi, Harry, Sergio Busquets, Jordi Alba, Facundo Farías, Alba, John McCarthy, Aaron Long, Leonardo Campana, Ryan Hollingshead, Bouanga, Gary A, Vasquez, McCarthy, Gomez, “, ” Messi, “ Zoolander, ” Selena Gomez, Mark J, Terrill, We’ve Organizations: CNN, Sunday’s Major League Soccer, Inter Miami, Los Angeles FC, Miami, MLS, Paris Saint, LAFC, Sunday, Reuters, BMO, ”, Eastern Conference, Sporting Kansas City, West Conference, Portland Timbers Locations: California, Paris, Miami, Barcelona

☆ Mexico gender reveal party pilot dies after plane crashes
▼ + stars: | 2023-09-04 | by ( Jack Guy | ) edition.cnn.com time to read: +2 min

CNN —A pilot has died after the plane he was flying as part of a gender reveal party in Mexico crashed on Sunday. Pilot killed after his Piper PA-25 left wing failed at a gender reveal party in the town of San Pedro, Mexico. pic.twitter.com/6JILK7fsGm — Breaking Aviation News & Videos (@aviationbrk) September 3, 2023Authorities in Navolato, Sinaloa state, told CNN en Español, CNN’s sister network, that the pilot died in the hospital following the crash. Gender reveal parties were conceived as a fun way of telling family and friends whether they were about to welcome a girl or a boy into the world. And in Iowa in October 2019, a gender reveal party went south when the family unintentionally built a pipe bomb.

Persons: Piper, Alan Francisco Rangel, Navolato Organizations: CNN, Breaking Aviation, Sinaloa Red Cross, Authorities Locations: Mexico, San Pedro, Navolato, Sinaloa, Arizona, Iowa

☆ Warner Bros Discovery taps media veteran Thompson as CEO of CNN
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +2 min

The exterior of the Warner Bros. With Thompson, 66, Warner Bros Discovery is turning to an executive with ample experience at the top level, unlike Licht - a former TV producer who had worked on "The Late Show With Stephen Colbert." "Mark is a true innovator who has transformed for the digital age two of the world's most respected news organizations," Warner Bros Discovery CEO David Zaslav said in a statement. A big focus area for Thompson is likely to be the recently announced round-the-clock news service called CNN Max, which will be available on Warner Bros Discovery's streaming platform. Those estimates are for the CNN networks that operate in the United States, including CNN en Español and CNN International.

Persons: Alyssa Pointer, Mark Thompson, Thompson, Chris Licht, Donald Trump, Stephen Colbert, David Zaslav, CNN Max, Aditya Soni, Shinjini Organizations: Warner Bros . Discovery, REUTERS, Warner Bros Discovery, CNN, New York Times, BBC, Republican U.S, Times, Warner Bros, P Global Market Intelligence, Español, CNN International, Fox News, MSNBC, Nielsen, Thomson Locations: Warner Bros . Discovery Atlanta, Atlanta , Georgia, U.S, United States

☆ CNN taps media veteran Thompson as CEO to spearhead turnaround
▼ + stars: | 2023-08-30 | by ( Aditya Soni | ) www.reuters.com time to read: +3 min

With Thompson, Warner Bros Discovery is turning to an executive with ample experience at the top level, unlike Licht - a former TV producer who had worked on "The Late Show With Stephen Colbert" and MSNBC's "Morning Joe". During his 8-year tenure as the CEO of the Times, Thompson helped transform the Gray Lady into a beacon for newspapers in the internet age by focusing on digital subscriptions. "Mark is a true innovator who has transformed for the digital age two of the world's most respected news organizations," Warner Bros Discovery CEO David Zaslav said. CNN Max is looking to capitalize on the immediacy of breaking news and analysis, differentiating it from CNN+, which featured lifestyle programs. Those estimates are for the CNN networks that operate in the United States, including CNN en Español and CNN International.

Persons: Mark Thompson, Neil Hall, Thompson, Chris Licht, Donald Trump, Stephen Colbert, David Zaslav, Joe Biden, Ron Desantis, CNN Max, Paolo Pescatore, Licht, Jeff Zucker, Aditya Soni, Chavi Mehta, Shinjini Organizations: BBC, REUTERS, Warner Bros Discovery, CNN, New York Times, Republican U.S, Times, Trump, Democratic, Warner Bros, Atlantic, P Global Market Intelligence, Español, CNN International, Fox News, MSNBC, Nielsen, Thomson Locations: London, Florida, Trump, United States, Bengaluru

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