Tags: Mexico
Carlos Slim Invests $1.2 Billion to Establish Gulf of Mexico Gas Field
Mexican billionaire Carlos Slim’s company, Grupo Carso SAB, announced that it was investing $1.2 billion to develop a vast gas field in the Gulf of Mexico.
John Deere Cuts 600 Jobs Across 3 Midwest Plants
John Deere said that it was planning to lay off around 600 employees across three of its Midwest factories by the end of August as it intends to focus on its operations in Mexico.
FDA Warns Bimbo Bakeries to Not Label Products with Allergens When They Contain None
The Food and Drug Administration said that they have warned the Mexican-American bakery Bimbo Bakeries to stop using labels saying that their products may have potentially dangerous allergens when they contain none.
US Justice Department Accuses Chinese ‘Underground Bankers’ of Laundering Millions for Sinaloa Cartel
Chinese "underground bankers" reportedly helped Mexico's Sinaloa Cartel launder over $50 million from drug trafficking, according to the US Justice Department.