Economy

Latinos, Other Minorities Key to Facebook's Focus on Video

Minority users are more prone to watching videos on Facebook than the general population, and that surprising statistic has helped the social network expand its video features over the past two years.

Apple Plans Latin America Expansion, Two Locations to Open in Mexico City

Apple is planning to soon open at least two stores in Mexico City as part of the company’s major expansion efforts in Latin America.

CES 2016: Ford to Increase Research on Self-Driving Cars, Partner With Amazon

Ford also has a deal with drones Ford used the Consumer Electronics Show (CES) in Las Vegas to detail some of the plans it has for self-driving cars, connected cars and even drones.

US Sues Volkswagen Billions Over Emissions Deception

Volkswagen runs into some trouble as the U.S. Justice Department filed a civil lawsuit against the company for their alleged violation of the Clean Air Act, according to a report from Reuters. This comes after it was revealed Volkswagen has been installing illegal devices in their vehicles that would cheat emission regulations.

Top 5 Insurance Types that You Must Have in 2016

Insurance policies are around for important reasons. Mainly, they are availed for protection against unforeseen risks in various aspects of life like education, home and death.

Zhor Tech Digitsole's Smartshoe to Launch in Winter 2016 at $450

The company behind the making of smart soles for shoes, Zhor Tech Digitsole, has now designed the "world's first smartshoe" which will be launched in October 2016 at $450.

Job Opportunities for Latinos — Software Engineers

Software engineers or software developers are the people behind the installation, design, maintenance and testing of software systems. Their jobs are more than just playing around with codes. Hired Latinos will play an important role of helping businesses become more efficient, effective and productive by providing better IT Service. They should also have to update their skills in C++, Visual Basic, Linux, NET, Oracle, Smalltalk and Java to keep up with the rapid pace of this profession.

Fast Food Competition Intensifies as Burger King, McDonald’s, Wendy’s Fight for Cheapest Meal Deal

This 2016, fast food competition among notorious chains such as Burger King, McDonald’s and Wendy’s have intensified as they fight to offer the cheapest meal deal ever. But it’s not just the fast food burger giants that are vying for customers who are looking for more food at much lower costs. In fact, Pizza Hut has also launched a seven-item menu for only $5.

Forbes Names 30 Under 30 Millennials who Stand Out in Retail & E-Commerce in 2016

Thirty young entrepreneurs have recently been chosen by Forbes Magazine to be part of their “30 Under 30” in the retail and e-commerce category. This year, 30 millennials from the long-list of nominees were honored for their contributions in venture funding by establishing state-of-the-art e-commerce platforms and Main Street brick-and-mortar stores.

UCLA Dropout Vlad Tenev Named in Forbes’ 30 Under 30 List in Finance 2016

Forbes Magazine starts the New Year with its annual “30 Under 30” list. And this first quarter of 2016, 600 young innovators, entrepreneurs and leaders are honored for their contributions and influences in revolutionizing business, technology, finance, media, culture and more.

Amazon Eases Customers' 'Predicament by Offering Monthly Payment Terms

Amazon recently announced their new payment terms called Pay Monthly provided by Hitachi Personal Finance.

Air Europa's Fleet to Include Colombia and Ecuador on Their Routes

Air Europa recently announced their presence in Latin America with additional routes now aimed at Colombia and Ecuador.

Latin America's Trade Industry to Expand in Vietnam

With the Trans-Pacific Partnership trade agreement between Vietnam and Latin America, Vietnam sees a trade influx in the coming years.

Brazil-Made Kicks Crossover to Be Sold Globally

Nissan Motor Co's chief executive Carlos Ghosn said on Monday that the company will start selling the Kicks Crossover in Latin America this year.

Puerto Rico Defaults on Paying Debt Due Monday

In light of the scheduled payment due Monday for Puerto Rico, which owes almost millions in debt from its investors, the island is paying out nearly $1 billion, a part of its debt that they previously announced as default since August.

Diversity in Tech: Apple Investors, SEC Could Push Company for More Diverse Executive Leadership

Apple could be forced by its investors to accelerate the recruitment of minority candidates for the company's highest levels of leadership, if a motion proposed by a Latino shareholder is voted on and passed. However, Apple may not allow the vote, as the company is pushing back against the call for more diversity in its top ranks.

Stock Markets: Dow Falls 450 Points After Chinese Stocks Drop, Trigger Global Concerns

The Dow is having its worst first day of the year in 84 years The Dow Jones Industrial Average reacted harshly to a big drop in Chinese stocks overnight, falling over 450 points on Monday, more than 2.

Jaime Rosenthal: Accused Money Laundering Ex-Honduran VP Cannot Be Extradited Until Crime Investigation Is Complete

The camp of accused money laundering Ex-Honduran VP Jaime Rosenthal said the politician and banker cannot be extradited until crime investigation in Honduras is completed, amid an extradition request from the United States.

Venezuela Stops Gas Exports to Colombia due to 'Climate Factors'

Venezuela's state-owned oil company Petroleos de Venezuela (PDVSA) is temporarily stopping the export of natural gas to its neighbor Colombia due to "climate factors", as confirmed by the Colombian Mines and Energy Ministry on Friday, Jan. 1, according to a report from Reuters.

Uber Riders Complain About Rate Surge on New Year's Eve

Many Uber users expressed complaints about the unbelievably high price surge on New Year's Eve.