Economy

5 Brazil Banks Create New Credit Firm

A new credit firm is in the works according to Thursday's announcement by Brazil's five biggest banks, Fox News Latino reports. The banks which are private-sector have announced that the credit registry will be used as a database for credit information, the publication adds.

Jessica Alba Gushes Over Honest Company Success: ‘I Still Can’t Even Believe It’s Here’

Jessica Alba is the co-owner of eco-friendly company The Honest. She was able to attained big success in less than five years and she herself can’t believe that her business is now a $1.7 billion empire.

Why United Airlines Blames Cheap Oil Prices for Q4 Revenue Drop

With cheaper oil prices, airline companies are making more money even while charging lower average fares. But for United Airlines, oil prices collapse is hurting demand for travel, particularly in one of its largest hubs, Houston's George Bush Intercontinental Airport.

How Chef Erik Ramirez Is Redefining Peruvian-American Cuisine in New York

Those who are already familiar with Peruvian cuisine might wonder what is unique with chef Erik Ramirez’s newly-opened restaurant, Llama Inn. Located in the Williamsburg neighborhood of Brooklyn, New York, Ramirez is offering the contemporary Peruvian cuisine with a more modern twist.

American Man Conquers Buenos Aires With Bagels

Did you know that bagels have gradually become popular in Buenos Aires? Thanks to 27-year-old former geophysics student Jacob Eichenbaum-Pikser, who bravely introduced the Poland-originated bread product to Argentina’s capital and largest city.

Maquiladora Workers in Juarez Protest Missing Wage Hike

Workers in Juarez protested their long wait on the promised wage hike from three maquiladoras mainly Lexmark, Foxconn and Eaton Bussman.

2016 Presidential Election Spending: Rubio, Bush Outspend Trump, Cruz, Clinton, Sanders Combined

Presidential campaigns and Super PACs are making the 2016 election season one of the most expensive contests of all time.

iOS vs Android Market Share & Revenue: One Win for Each App Store in 2015

Apple and Google both saw gains for their respective app stores over 2015, but each dominated one specific metric over the other. For Apple's iOS App Store, the biggest win was in revenue. For Google's Play Store (Android), it excelled in growth and market share.

Latina Accelerator AccessLatina Announces Finalists for Startup Challenge

Eight Latina tech entrepreneurs have been selected for the final round of competition in the new Latina-focused Puerto Rico-based startup accelerator AccessLatina.

Venezuela Calls for Emergency OPEC Meeting

Venezuela's government has requested OPEC hold an emergency meeting due to a collapse in oil prices that has left the country's economy in dire straits, sources at the company said Wednesday.

Microsoft Declares $1B Cloud Donation, With Implicit Silver Linings for Nadella's Company

Much good will undoubtedly sprout from the $1 billion in networked computing services that Microsoft has pledged to give to charity, but the company will also clearly benefit in the ongoing war of the clouds.

Chile Inaugurates Latin America's Largest Medical Cannabis Farm

Chile has recently inaugurated their plantation of medical cannabis, the largest in the Latin America region.

Michael Bloomberg's 2016 Mayors Challenge Will Launch in Latin America and the Caribbean

Michael Bloomberg's Mayors Challenge is expected to be participated by over 900 cities across the latin America region and the Caribbean.

FCC Amends Exclusion List to Remove Cuba, Opens Doors for U.S. Telecoms

As the federal government has begun thawing its once-deeply frozen relationship with Cuba, opportunities for business and trade have arisen. Yet another door opened last weekend, as the Federal Communications Commission (FCC) officially dropped its telecom ban on Cuba.

Donald Trump's Plan for Apple to Make iPhones in US Could Increase Prices

Donald Trump wants Apple to build its products in the United States rather than China. If Apple does listen to Trump's request, products like the iPhone could increase greatly in price.

Production Company Endemol Shine North America Conquers Latin America

Latin America welcomes the expansion of production company Endemol Shine North America in the region.

Ecuador Unemployment Becomes a Thing of the Past

Ecuador celebrates its low unemployment rate, the lowest among the Latin America region. Ecuador is seeing a new momentum in terms of their employment statistics and according to TeleSur TV, they have the lowest rate of unemployment within the region.

Worldwide Tourism Hits Record Levels in 2015 Despite Terrorist Concerns

Wanderlust prevails. Research has revealed that tourism hit an all-time high in 2015 despite the heights of security and terrorist threats worldwide.

Johnson & Johnson Laying Off 3,000 Medical-Device Jobs? Healthcare Giant Seeks to Generate $1 Billion Annual Cost Savings Amid Restructure

Johnson & Johnson announced on Tuesday, Jan. 19, that it will be laying off 3,000 medical-device jobs. The move is part of the company's efforts to revive the struggling business and to generate $1 billion annual cost savings.

Why WhatsApp Stopped Charging Users Subscription Fees

Paradoxically, it's because the company wants to make more money. This week, the Facebook-owned instant messaging app WhatsApp announced it was eliminating the nominal $0.
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