Economy

Sprint and T-Mobile Merger: $32B Deal in the Works

Despite regulatory hurdles, Sprint and T-Mobile have reportedly agreed on a $32 billion merger, hoping that the trend of consolidation in the telecommunications industry will help the deal go through.

Manos Accelerator, Catalyst for Latino Startups, Announces Second Round Finalists

Google may have released unflattering diversity figures recently (in a move that at least got the conversation started about the lack of minorities in Silicon Valley), but the tech giant is at least trying to bring about change. One initiative, a continuing partnership with Latino startup incubator Manos Accelerator, has just announced its second round of startups for its program.

Google vs. Apple: Android Takes Smartphone OS Market, Apple Top OEM

The latest comScore shows that although Google's mobile operating system Android continues to dominate the U.S. market, Apple remains the top smartphone OEM.

iPhone 6 Releease Date, Rumors, Features & Price: Launch Date Leaked? Phone Could Debut Sooner Than Expected

The iPhone 6 will be Apple's biggest release to date. The iPhone 6 will be Apple's biggest release to date. Tens of millions of iPhone's are currently in production at Foxconn facilities across China.

Regalii Startup Enables Easier Money Transfer to Immigrant Families Outside US

Sending money to loved ones in another country can be a hassle and a process for many, but one startup from Washington Heights is changing that method. For Edrizio De La Cruz, traditional remittance isn't making sense right now. He wants to change the current process of sending money to family and friends, and as a result, created Regalii.

Younger Mobile Device Owners More Likely to Hoard Old Smartphones, Tablets Than People Over 50, Says Survey

Millennials are guilty of hoarding old smartphones that could be worth money, according to a nationwide survey by network of automated recycling kiosks.

Jobs & Hiring 2014: US Companies Created 179,000 Jobs in May, ADP Report Says

In May, businesses in the U.S. added new jobs at a pace that was slower than expected, according to a private hiring survey published on Wednesday.

Pilgrim's Pride Increases Offer to Buy Out Hillshire, In Bidding War With Tyson Foods

Meat companies battle for Hillshire. Pilgrim's Pride hasn't given up on buying Hillshire just yet -- the company is increasing its offer. The increase in the offer price is in response to Tyson Foods getting into the bidding war for Hillshire.

Private Sector Lagging More Than Expected; U.S. Trade Deficit Grows

Trade slowing economic growth this quarter. Private companies in the U. S. hired far less workers than expected in April and the country's trade deficit widened the most in two years in that same month.

Interview: Why T-Mobile and Univision Chose Each Other for Univision Mobile

Latin Post caught up with T-Mobile senior marketing manager Gustavo Pena and Univision senior vice president at enterprise development Ignacio Meyer over the phone to discuss why the two companies joined forces for Univision Mobile.

Cybersecurity Concerns Deterring Online Shopping

Recent weeks and months have definitely put the fear of the hacker into American consumer, says a new report that shows U.S. shoppers have recoiled from online shopping amidst cybersecurity concerns.

Income Inequality Update: This Is What The Pay Gap Between Retail CEOs and Store Employees Looks Like

CVS CEO makes 422 times more than the median CVS wage. A pay gap between a CEO and an entry level employee is, of course, expected. But new figures show just how wide that pay gap is.

Giving Up on Home Ownership in the U.S., Many Immigrants Find Real Estate Back Home More Affordable

The dream of owning an affordable home in the United States is becoming more difficult to achieve for many. Only 26 percent of Colombians own their own home in New York City, far below citywide and national rates of homeownership. Immigrants, in particular, were hit hard by the real estate crisis, and many still feeling the pain of lost homes.

Lockheed Martin Wins $915M Pentagon 'Space Fence' Contract: Fence Will Protect Satellites From Space Debris

Space debris poses a threat to satellites In a new and unpredicted danger, scientists are saying that speeding space junk poses real-life threats to much of our equipment orbiting the Earth.

Panera Bread Menu to Drop Artificial Additives: Restaurant Wants to Fix 'Broken Food System'

On Tuesday, Panera Bread announced that it will remove all artificial food additives from their food menu by the end of 2016.

WeChat in Latin America: Mobile Messaging App Growth Rate Over 1000 Percent Ahead Rival WhatsApp

According to a multi-market research study into the digital consumer, the cross-platform mobile messaging app WeChat has grown faster in adoption notably in Latin America and the Asia Pacific region.

GM Performance News: Car Sales Soar in May; GM Avoids Fallout From Recalls

GM has best month of sales since August 2008 Good weather, an extra weekend and high demand for SUVs and pickup trucks contributed to U. S. auto sales having their best month in seven years in May.

Brazilian Designer and Entrepreneur Andreia Cardoso Promotes Positive Body Image With Swimsuits for the Modern Latina

Being Brazilian is more than just genetics for Brazil native Andreia Cardoso, a designer and co-owner of swimwear brand Corpo Bonito. It's a lifestyle, a mindset and a business model for the Brazilian sports and swimwear company, whose mission is to help women embrace their curves and diverse body types and feel more comfortable about themselves at the beach.

Women in the Workforce: Women in Retail Must Work 103 More Days to Equal Men’s Pay, Says Dēmos Report

Although women represent approximately half of the U.S. workforce, a recent report highlights the fact that millions of them work in low-paying jobs. On average, a retail saleswoman works for $10.58 per hour, a wage that Dēmos noted "keeps a family of three near poverty" even if she secures work hours equivalent to full-time.

Stock Market and Investment News: US Manufacturing Sector Expands in May; Constructing Spending Rises

Last month of Q2 begins with stocks indexes at record highs Stocks were mixed at Monday during mid-day training. After briefly reaching brand new highs, the S&P 500 and the Dow are slightly higher.