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☆ AOC to GOP: Don't tell me you're condemning anti-Semitism when a Republican 'who has talked about Jewish space lasers' gets a plum committee assignment
▼ + stars: | 2023-02-02 | by ( Nicole Gaudiano | ) www.businessinsider.com time to read: +3 min

AOC unloaded on Republicans for hypocrisy with their vote to remove Rep. Ilhan Omar from her committee. She said Republicans have been rewarded with plum committee assignments after doing worse. "This is about targeting women of color in the United States of America," she said. Republicans voted to remove Omar from the House Foreign Affairs Committee because of her controversial comments in the past about Israel. After being stripped of committee assignments last Congress for her rhetoric, she now sits on prestigious committees on oversight and homeland security.

☆ Mexico reaches deal with airlines on cargo transfer to new airport, president says
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, Feb 1 (Reuters) - The Mexican government and some airlines have reached an agreement to move cargo operations to a new airport on the outskirts of Mexico City to ease congestion at its main hub, President Andres Manuel Lopez Obrador said on Wednesday. Lopez Obrador said earlier this month cargo flights would be moved due to lack of space at the Benito Juarez International Airport. Around 3% of flights at the airport last year were for cargo, according to flight data. Lopez Obrador said cargo operations will be transferred to the new airport in about four months. The first cargo plane will arrive at the Felipe Angeles International Airport the third week of February, Lopez Obrador said.

MEXICO CITY, Jan 31 (Reuters) - Electric carmaker Tesla Inc (TSLA.O) is considering setting up an assembly plant near a new Mexico City airport, which would serve as an export hub for the firm, Mexican presidential spokesman Jesus Ramirez said. "Tesla will invest there ... in an assembly plant, to export directly by air," Ramirez told the newspaper. Separately, a Mexican official told Reuters that Tesla had been shown the site, but had given no indication of its plans. Ramirez told El Heraldo de Mexico that Tesla was aiming to invest in the T-MexPark, a major industrial park being built close to the Felipe Angeles airport. Reporting by Diego Ore; Editing by David Gregorio Additional reporting by Raul Cortes Fernandez and Dave Graham in Mexico City, and Hyunjoo Jin in San FranciscoOur Standards: The Thomson Reuters Trust Principles.

☆ Peru elections could come later this year, president says
▼ + stars: | 2023-01-27 | by ( ) www.reuters.com time to read: +2 min

[1/3] Peru's President Dina Boluarte speaks as she meets with foreign press, in Lima, Peru January 24, 2023. REUTERS/Angela PonceJan 27 (Reuters) - Peruvian President Dina Boluarte said on Friday she was considering moving up general elections to later this year, as the Andean leader struggles to keep a hold on protests demanding her resignation that have left dozens dead. Congress is set to debate a proposal later on Friday to move national elections forward to April 2024, from 2026, but several legislators have proposed amending the bill to move up the elections even earlier, to late 2023. "They won't let us go ahead with our peaceful march, we're demanding Dina Boluarte resign," one protester, Abraham Copatayapa, told Reuters. She added on Friday that national elections could come in December or sooner, depending on how quickly the proposal is passed.

☆ Peru recalls ambassador to Honduras for 'unacceptable interference' as diplomatic spat deepens
▼ + stars: | 2023-01-26 | by ( ) www.reuters.com time to read: +1 min

[1/3] Peru's President Dina Boluarte speaks as she meets with foreign press, in Lima, Peru January 24, 2023. REUTERS/Angela PonceJan 26 (Reuters) - Peru withdrew its ambassador to Honduras, Jorge Raffo, due to Honduras' "unacceptable interference" in the internal affairs of Peru, the South American nation's foreign ministry said on Thursday. The step is part of a deepening showdown between Peru President Dina Boluarte and her regional peers, including the leftist leaders of Mexico, Bolivia and Honduras. "As a consequence of the position adopted by Honduras, bilateral relations with said country will be maintained, indefinitely, at the level of chargé d'affaires," the foreign ministry said on Twitter. Boluarte became president in December after Castillo attempted to illegally dissolve Congress, was ousted and detained.

☆ Mexico economy minister meets with Canadian energy firms
▼ + stars: | 2023-01-23 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, Jan 23 (Reuters) - Mexican Economy Minister Raquel Buenrosto met with Canadian energy firms to follow up on agreements made at a meeting with President Andres Manuel Lopez Obrador, the ministry said Monday. Buenrostro will meet with the firms again next month to discuss progress made on the agreements, the ministry said on Twitter. A Mexican official told Reuters last week a "framework" for each of the companies' problems with Mexico's energy sector had been agreed upon. A spokesperson for Mexico's economy ministry could not immediately confirm whether the four companies were those present at the meeting with Buenrostro. The United States and Canada last year initiated dispute settlement proceedings against Mexico's push to prioritize state-run energy companies under a regional trade pact.

☆ In Mexico, a reporter published a story. The next day he was dead
▼ + stars: | 2023-01-21 | by ( Sarah Kinosian | ) www.reuters.com time to read: +10 min

A day earlier, Lopez–who ran two online news sites in the southern Oaxaca state–had published a story on Facebook accusing local politician Arminda Espinosa Cartas of corruption related to her re-election efforts. As he lay dead, a nearby patrol car responded to an emergency call, intercepted the pickup and arrested the two men. "In silence zones people don't get access to basic information to conduct their lives," said Jan-Albert Hootsen, CPJ's Mexico representative. The infrastructure was a part of the Interoceanic Corridor–one of Lopez Obrador's flagship development projects in southern Mexico. "You would think the biggest enemy would be armed groups and organized crime," said journalist Patricia Mayorga, who fled Mexico after investigating corruption.

☆ In Mexico, a reporter published a story. The next day he was shot dead
▼ + stars: | 2023-01-21 | by ( Sarah Kinosian | ) www.reuters.com time to read: +10 min

One man got out, walked inside and shot the 42-year-old journalist dead. As he lay dead, a nearby patrol car responded to an emergency call, intercepted the pickup and arrested the two men. "In silence zones people don't get access to basic information to conduct their lives," said Jan-Albert Hootsen, CPJ's Mexico representative. One of those killed was Gustavo Sanchez, a journalist shot at close range in June 2021 by two motorcycle-riding hitmen. "You would think the biggest enemy would be armed groups and organized crime," said journalist Patricia Mayorga, who fled Mexico after investigating corruption.

☆ Workers at embattled Mexican airline Aeromar hold off on strike, unions say
▼ + stars: | 2023-01-18 | by ( Kylie Madry | ) www.reuters.com time to read: +2 min

[1/3] A person stands at an empty counter of Mexican carrier Aeromar at the Benito Juarez International airport, in Mexico City, Mexico, January 17, 2023. Flight attendants union ASSA said it had chosen to hold off on the strike "for the sake of safeguarding the company once again". Aeromar met with airport officials Monday to present a payment plan, Mexico's transportation ministry said, adding that its operations at Mexico City continued to operate normally. Several of the company's executives met with the flight attendants' union on Monday, the union said, and discussed the company's financial situation as well as the "potential" entrance of an investor. "We continue to demand (Aeromar) pay its debts owed to pilots," union leader Jose Humberto Gual said in a statement.

☆ Some Walmart employees can more than triple their wages by becoming truck drivers
▼ + stars: | 2023-01-18 | by ( Ben Tobin | ) www.businessinsider.com time to read: +2 min

Walmart raised truck-driver pay to as much as $110,000 in April 2022 in an effort to recruit more drivers. The company also launched a 12-week program to allow employees to get commercial driver's licenses. Walmart employees can make as little as $25,000 to $35,000, according to job-posting websites. Walmart truck drivers can make up to $110,000 per year — much more than the average annual wages of Walmart store employees, which range from $25,000 to $35,000, according to estimates from job-posting sites like Indeed, Glassdoor, and ZipRecruiter. A Walmart spokesperson did not immediately respond to a question about how much the average Walmart store worker earns.

On Wednesday, Microsoft announced it will eliminate 10,000 employees, reducing its workforce by 5%, and Amazon began conducting layoffs that will eventually slash 18,000 jobs. Microsoft and Amazon are joining tech industry peers including Alphabet and Meta which have also cut staff in recent months. But an underappreciated factor is how rapidly tech companies ramped up hiring over the last two years. In 2020, widespread Covid lockdowns made internet applications more important to people, supercharging business for many tech companies. Apple is a major exception: It did not appreciably increase its rate of hiring over the last two years, and also has not announced any layoffs.

☆ Salvadoran girls found on Rio Grande at U.S.-Mexico border
▼ + stars: | 2023-01-12 | by ( ) www.reuters.com time to read: +1 min

Mexico National Immigration Institute (INM)/Handout via REUTERSMEXICO CITY, Jan 12 (Reuters) - Mexican immigration agents found three unaccompanied Salvadoran children stranded on an islet on the Rio Grande, which straddles the U.S.-Mexico border, Mexico's immigration institute said. Members of Mexico's National Guard first issued an alert for the children, according to the institute. Salvadoran consulate officials in Mexico were aware of the incident and in talks with local authorities, El Salvador's foreign ministry said. Rio Grande crossing dividing the United States and Mexico is one of the last hurdles migrants face before reaching the United States, often after arduous journeys. The three children were placed in the care of Mexico's System for the Integral Development of the Family (DIF), the immigration institute said.

☆ Hundreds of trucks snarl Bolivia farm region as blockades hit business
▼ + stars: | 2023-01-03 | by ( Agustin Marcarian | ) www.reuters.com time to read: +3 min

REUTERS/Agustin MarcarianPAILON, Bolivia, Jan 3 (Reuters) - Hundreds of trucks lined highways in Bolivia's farming region of Santa Cruz on Tuesday, as protesters blockaded routes out of the region following the arrest of the local governor, and hard-hit local businesses urged a return to order. Protests have gripped the lowland region since the Dec. 28 arrest of right-wing local leader Luis Camacho on "terrorism" charges related to an alleged 2019 coup against then president Evo Morales. Another source at a local business group said it would be hard for the region to maintain long protests and road blockades, with many still reeling from a lengthy strike last October and November. In Santa Cruz city, protesters have clashed nightly on the streets, burning cars and tires and offloading fireworks. "We are a peaceful people, we want peace, we want to work under normal conditions," said Gabriela Arias, protesting for Camacho's release in a women's march in Santa Cruz.

The S&P 500 shed 0.25% to end at 3,839.50. The S&P 500 sank 19.4%, and is more than 20% below its record high, while the tech-heavy Nasdaq tumbled 33.1%. Despite the yearly losses, the Dow and S&P 500 did break three-quarter losing streaks. The tech-heavy Nasdaq, however, muddled through its fourth consecutive negative quarter for the first time since 2001. Communication services was the worst performing sector in the S&P 500 this year, falling more than 40%, followed by consumer discretionary.

Once high-flying mega-cap technology stocks tumbled in 2022, but some investors are willing to bet on Amazon and Alphabet in 2023, a new Delivering Alpha investor survey suggests. Betting on energy Energy stocks rallied in 2022 as the world grappled with supply constraints fueled by the conflict in Ukraine, but some investors aren't giving up on it just yet. When asked which areas they plan to focus on at the beginning of 2023, 41% of respondents highlighted energy stocks. Fundstrat's Tom Lee told CNBC last month that energy stocks can more than double next year even if the market stays flat . As uncertainty lingers, survey respondents also said they plan to look beyond the U.S. in 2023 toward opportunities in emerging markets.

[1/7] Bolivian opposition leader Luis Fernando Camacho receives a medical evaluation following his detention, at an undisclosed location in this image released December 28, 2022. Former President Morales said on Wednesday he hoped Camacho's detention would bring justice after three years. There was an uneasy calm Thursday in Santa Cruz, where signs of damage were visible after protests Wednesday ended with a fire set to the Santa Cruz prosecutor's headquarters. Public Works Minister Edgar Montano said on Twitter his house in Santa Cruz had been set on fire and robbed. The federal prosecutor's office said it would seek the "harshest punishment" for those responsible for damages in Santa Cruz.

LA PAZ/SANTA CRUZ, Bolivia, Dec 28 (Reuters) - Bolivian police on Wednesday detained Luis Fernando Camacho, the governor of Santa Cruz and a prominent opposition leader, the latest sign of political tensions in a region that saw the arrest of a president in neighboring Peru earlier this month. Authorities have not said why Camacho was arrested but he recently helped lead weeks of protests that blocked streets and halted trade in Santa Cruz. Camacho was taken to a local airport to be flown to La Paz, local media reported. "The operation to kidnap the governor was carried out in the streets near his home, as he was returning from his duties," the Santa Cruz government said in a statement. Opposition Senator Erik Moron said in a video that he had been taken by helicopter to an unknown location.

☆ Peru's defense minister named PM in Cabinet shuffle after protests
▼ + stars: | 2022-12-21 | by ( ) www.reuters.com time to read: +3 min

[1/6] Peru's President Dina Boluarte, who took office after her predecessor Pedro Castillo was ousted, poses for a family picture with members of her new Cabinet, in Lima, Peru, December 21, 2022. REUTERS/Sebastian CastanedaLIMA/MEXICO CITY Dec 21 (Reuters) - Peru's President Dina Boluarte promoted the country's defense chief to the prime minister's job as part of a shuffle of her 11-day-old Cabinet on Wednesday, a move that followed protests this month that have left roughly two dozen people dead. Alberto Otarola, a lawyer who had been the Andean nation's defense minister, was named prime minister, and four others entered the Cabinet. That move followed Mexican President Andres Manuel Lopez Obrador's public support for Castillo. Earlier, members of Castillo's family landed in Mexico City after being granted political asylum.

☆ Mexican president slams Peru's state of emergency, blasts U.S. official
▼ + stars: | 2022-12-16 | by ( ) www.reuters.com time to read: +2 min

Unrest in Peru erupted after the ousting of leftist President Pedro Castillo, who was arrested last week after trying to dissolve the country's Congress. "Force must not be used, the people must not be repressed and freedoms must be guaranteed," Lopez Obrador said during a regular news conference. Lopez Obrador took aim at the U.S. ambassador to Peru, Lisa Kenna, for meeting President Dina Boluarte, who replaced Castillo. "It may even be (U.S. Secretary of State Antony) Blinken of the State Department doesn't know about it, and it was down to the embassy," Lopez Obrador said. It also showed 51% of respondents felt Lopez Obrador should stay out of the affairs of other countries, with 39% saying he was right to give his views.

☆ Here's a map of Starbucks stores that voted to unionize
▼ + stars: | 2022-12-09 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

A year ago, workers at a Starbucks store in Buffalo, New York, voted to unionize, a first for the chain. In the past year, more than 260 Starbucks stores have voted in favor of unionizing, giving the union a win rate of 80%, according to data from the National Labor Relations Board. In April, as the union movement continued to gain steam, Starbucks CEO Kevin Johnson announced he would retire. Starbucks has also fired organizers for unrelated infractions, closed a handful of union stores and withheld higher pay and enhanced benefits from baristas at unionized locations. Cathy Creighton, director of Cornell University's Industrial and Labor Relations branch in Buffalo, said that companies often use delay tactics to frustrate unions and take away momentum.

Medellin, Colombia NBC NewsThough migration without documentation isn’t illegal in Colombia, it is illegal to exploit migrants by charging them to make the journey through and out of Colombia. From there, he will be tried on charges of smuggling in Colombia and could face extradition to the U.S. In Colombia alone, HSI has worked with local law enforcement to arrest 42 alleged human smugglers and 210 suspects in narcotics-related crimes. U.S. and Colombian law enforcement gather for a tactical briefing before an international human trafficking operation. Brian Vicente, the head of HSI in Colombia, said after the arrests of the three alleged human smugglers, “It’s one organization that’s been taken off, disrupted and dismantled."

☆ 7 top brands to pitch as a micro influencer, from Dunkin' to Mejuri
▼ + stars: | 2022-11-23 | by ( Marta Biino | Shriya Bhattacharya | ) www.businessinsider.com time to read: +3 min

Micro influencers are creators with up to 100,000 followers on a platform like YouTube or TikTok. Insider spoke to 21 micro influencers to determine the seven top brands to partner with. Today, several micro influencers are earning more than six figures annually, such as Seattle, Washington-based creator Emma Cortes. Still, not all brands recognize the work of micro influencers and compensate them monetarily. Insider spoke to 21 micro influencers to determine the best brands to work with.

☆ Bond recession indicator hits most extreme level in 40 years, raising questions about stock rebound
▼ + stars: | 2022-11-18 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

The so-call yield curve shows investors what they can expect to earn from different maturities. The yield curve inverted before the 2020, 2009, and 2001 recessions but often with large lag times. "My contention would be that ultimately the yield curve is going to prove correct," said Gregory Faranello of AmeriVet Securities, saying it takes time for equities to catch up with what's happening with the yield curve. To be sure, equities can rally even with an inverted yield curve, and they've done that in the past. "It's very rare in a bear market that the bear doesn't even affect those companies that we were in, we believe will protect us.

During that same period, 29 states on average endured at least one federally declared disaster, according to the report by Rebuild by Design, a nonprofit that helps communities prepare for and recover from disasters. In 2021 alone, the U.S. suffered from 20 separate billion-dollar disasters. States that were hit with the most disasters include California, Iowa, Mississippi, Oklahoma and Tennessee, which each experienced at least 20 disasters during the last decade, the report said. However, states with lower disaster counts that received the most disaster recovery funding per person include New York, New Jersey, North Dakota and Vermont. Additionally, counties that on average experienced more than a disaster every year over the last decade are located in Kentucky and Louisiana.

☆ Tens of thousands protest Mexican president's electoral reform plan
▼ + stars: | 2022-11-13 | by ( ) www.reuters.com time to read: +3 min

[1/5] Demonstrators march against the electoral reform proposed by Mexican President Andres Manuel Lopez Obrador and in support of the National Electoral Institute (INE) in Mexico City, Mexico, November 13, 2022. In the past, Lopez Obrador pursued contentious policies by pitching referendums - including on the cancellation of a part-built airport - to claim popular mandates for his objectives. Organizers put the number at hundreds of thousands but some political allies of Lopez Obrador gave far lower estimates. Lopez Obrador posted a video message on his Twitter as he celebrated his 69th birthday - but did not address the protests. Reporting by Stefanie Eschenbacher, Dave Graham and Carlos Carrillo in Mexico City; editing by Diane CraftOur Standards: The Thomson Reuters Trust Principles.

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