U.S., Mexico reach tomato deal to avert trade war
WASHINGTON - The U.S. government and Mexican tomato growers reached a tentative agreement on Saturday that reduces the threat of a costly trade war stemming from a U.S. decision last year to pull out of a 1996 bilateral tomato trade pact.
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Found more than 1 month ago on channel
Reuters
Is the Daily Deal Model Dying a Slow Death?
As we enter the most deal-crazed time of year, daily deals sites such as Groupon and LivingSocial try to adapt to the changing marketplace — while facing the possibility that the original coupon model may one day soon be viewed as an odd, short-lived fad. The backlash against the once ultra-hot daily deal market began in force last year, with consumers and businesses both citing “Groupon remorse”—the catchphrase for the feeling that, in retrospect, the decision to purchase (or run) a daily deal was unwise. One year after Groupon’s IPO, its stock price is down more than 80%. Groupon’s main competitor, LivingSocial, has also been recording substantial losses. More and more, it seems, the selling of $10-off coupons for restaurant meals, manicures, and maid service hardly comes across as a feasible business model. The holiday period, when shoppers are primed to bite on bargains, should be a heyday for daily deal sites. What role, then, might daily deals play during the frenzied holiday ...
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Latino grocery chain faces immigration audit
Wednesday, October 17, 2012 - 10:46 Mi Pueblo A Mi Pueblo store in Tracy, Calif. Mi Pueblo was founded by a Mexican immigrant, and hires mostly Latino workers. Now, the Northern California supermarket is under a federal probe to expose undocumented workers. Mi Pueblo, a Latino supermarket chain with humble roots, faces the prospect of a mass layoff, a boycott and a federal investigation -- all because of questions about its employees’ legal status and right to work in the U.S. The Northern California grocery chain imports and produces a full spectrum of foods from Mexico. Its 21 stores, and counting, pop up in urban food deserts that stores like Safeway don’t touch. Mi Pueblo took some heat recently when the company voluntarily joined E-Verify , a federal program that screens job applicants’ immigration status against a federal database. Turns out it wasn’t so voluntary. The company revealed this month that U.S. Immigrations and Customs Enforcement, or ICE, has launched an employee ...
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U.S. groups fear Mexican trade war over Obama tomato move
WASHINGTON - U.S. business groups said on Tuesday they were worried about a damaging trade war with Mexico if President Barack Obama's administration follows through on a preliminary decision to terminate a 16-year-old tomato trade agreement.
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Reuters
Santander's Mexican Unit Rises in IPO Debut
U.S.-listed shares of Banco Santander's Mexican unit edged higher in their public trading debut, in what was the biggest listing to hit U.S. exchanges since Facebook in May.
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