Economy

Activist Investor Carl Icahn Increases Bid for Pep Boys, Determined to Beat Bridgestone

Billionaire investor Carl Icahn is determined to prove that he is serious in his intention to edge Bridgestone in the bidding war for Pep Boys -- Manny, Moe & Jack.

Jessica Alba — How This Latina Built Her $1.7 Billion Empire

Jessica Alba's four year old consumer-products start-up, Honest Company, has been valued at $1.7 billion certifying her company as a "start-up unicorn" this 2015.

China Imposes $65 Million Penalty to Foreign Shipping Companies as Part of Anti-Competition Effort

Chinese regulators broke down international shipment empires by recently imposing a $65 million penalty to seven major international shipping companies on Monday as part of promoting the country's anti-competition campaign.

Job Opportunities for Latinos—Account Managers

Being chatty, outgoing and creative are the perfect personalities a person should have to excel in the marketing and advertising field especially for the position of account managers. Having these personalities can be the vital link that could build the bridge between the manager's clients and the company. That's why Latinos who have a talkative personality, imaginative mindset and have what it takes to become an account manager are perfect for the position and should better take the step to become a part of the growing team.

Interview Etiquette for Latino Job Seekers

Some people say that the job interview is a game of chance. They thought that they can only do limited things about it. That's why other aspirants would just read the job description, familiarize their resume and pray hoping that their interviewer will ask questions they can answer. But the truth is, there is a way to nail one's job interview. And that is the proper preparation for it. So Latinos must invest their time and efforts as they do the right thing perfectly especially that this phase is their last step to reach the goal of getting hired.

US Lawmakers Demand Labor Investigation of Mexico's Third Largest Retailer

A diverse range of Latino and non-Latino congressional lawmakers have called on U.S. Department of Labor Secretary Thomas Perez to investigate inappropriate labor practices by a Mexican grocery company.

Oil Prices Fall Over 3 Percent, Oversupply Concerns Grow

Oil prices continued to fall again on Monday as concerns of weak demand continued to worry investors. Since the end of last year, U.S. oil futures are down 30 percent.

Puerto Rico Debt Crisis: House Speaker Paul Ryan Pledges Action for Early 2016

Although the omnibus bill did not address Puerto Rico's financial crisis, Speaker of the House Paul Ryan, R-Wisc., has reportedly made the commonwealth's debt struggle a top issue for next year.

10 Best Workplaces for Latin Americans

The best workplaces in Latin America don't just recognize the importance of their product and services but also the power of their people. These companies know how to handle and treat their employees as people and not just a part of the organization. They also train their managers to treat their team as a "family" creating a much healthier ambience. That's why in return their employees shows more willingness to work that they give extra time and effort for a more cooperative and well-managed team.

Five High-Paying Jobs for Latinos in the U.S.

Being employed is crucial for everyone's social integration, mental and physical health, self-realization and well-being. That's why it's important that every Latino should have a job. It enables them to get busy and focused in life. Employment also gives them the feeling of self-worth and respect. And above all, it paves the way for them to be financially stable while giving them the opportunity to buy everything they need.

US Commercial Flights to Cuba Happening Soon; Airlines Submit Applications to new Routes

U.S. commercial flights from Cuba will happen anytime soon as several airlines began submitting applications to new routes.Working quietly behind the scenes, U.S. airlines have already started preparations for commercial trips to the island nation as soon as the travel restriction that has been standing for half a century long in Cuba is lifted.

Top 5 Best Latin Phrases, Leadership Quotes for Entrepreneurs 2015

There are hundreds of Latin words that have been incorporated in everyday English including the words memo, alibi, et cetera, census, via and versus, among others. There are also entire Latin phrases that have been naturally embedded in English. For example, these phrases, bona fide (in good faith) and carpe diem (seize the day) are often used in full and without any second thought, Mental Floss noted. But did you know Latin phrases can also be useful in business?

Chipotle’s Sales, Stock Price Nosedive Amid E. Coli Outbreaks; Mexican Food Chain to Survive Health Disasters?

Mexican grill food chain company Chipotle is currently facing some serious challenges in terms of sales and stock prices. In just two-and-a-half months, the once-booming restaurant’s sales and stock prices plummeted. The decline came in the wake of the E. coli and norovirus outbreaks linked to their products.

Starwood Hotels & Resorts Eyes Thailand for Next Expansion

Starwood Hotels & Resorts opens another Sheraton brand in Thailand called Sheraton Phuket Grand Bay Resort.

Americans Filing for Unemployment Benefits Declines to Lowest Number in Decades

The number of U.S. citizens filing for unemployment benefits is the lowest its been in 42 years The number of U. S. citizens filing for unemployment benefits is the lowest it has been in 42 years.

What Stores, Supermarkets, Businesses Will be Open on Christmas [List]

All state and federal facilities are closed on Friday in observance of the Christmas holiday, but that hardly means your entire town will be dark.

Who in Latin America Spends the Most in Christmas Gifts?

This holiday season, Mexico cut back on Christmas spending. However, Peruvians outspent any other Latin Americans who partook in the Linio survey.

Minimum Wage Increase Across 13 States Coming in 2016

Several cities, counties and state governments have been approved to raise hourly pay to $15 starting in 2016.

US Oil Rises to $38.10 a Barrel; Low Liquidity Ahead

US oil prices rise to $38.10 a barrel last Dec. 24 in New York, as traders get ready while expecting a week of low liquidity ahead.

Why 2015 is not a Great Year for Tech IPOs

This year has definitely been the worst year for tech IPOs (Initial Public Offerings). As a matter of fact, experts said 2015 was the slowest year for tech IPOs since 2009. Fortunately, 2016 is looking better for IPOs.