Many retailers across the globe see in e-commerce a way to expand beyond borders. The Mexican-based company Elektra is one of them, and it wants to compete with giants such as Amazon with a new online store focused on immigrant consumers in the U.S.
The city of Phoenix has been betting on technology industries to fuel its economy. And a local organization wants to take advantage of that trend, as well as the city’s close relationship with Mexico, to make Phoenix competitive in the global market.
More than 90 candidates or public office holders have been killed in Mexico since the beginning of the country’s campaign season last year, as organized crime threatens to interrupt the country's small-town electoral process.
In what could be the plot of a modern-day bank robbery movie, unidentified hackers penetrated the bank-to-bank money transfer system in Mexico, stealing millions of dollars from financial institutions.
Despite tensions over renegotiating NAFTA, the business relationship between Mexico and the U.S. continues. A new energy deal promises opportunities for the nuclear field — and Arizona might benefit from it.
A small town in central Mexico is attracting tourists, immigrants and realty investors from Arizona, the U.S. and the world. But its popularity is also generating concerns among locals.
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For many, Cinco de Mayo means “party”. And for those who sell Mexican products, that’s a business opportunity. At celebrations this weekend in Tucson and Phoenix, the Mexican government will be promoting mezcal, an alcoholic drink experiencing a boom worldwide.
The Mexican Supreme Court has agreed to hear two cases against mining company Grupo Mexico over an acid spill about 25 miles south of the Arizona border that contaminated two rivers and left thousands of people without drinking water in 2014.
Officials in the state of Sonora have long lobbied Mexico’s federal government for funding to build a port for cruise ships just 60 miles south of the Arizona border, and now they’re considering turning to the private sector to help complete the project.
The economic exchange between Arizona and Mexico is not exclusive to businesses and government. A Scottsdale-based nonprofit will invest $1.4 million in Sonora to incentivize local economies and do something that has a longer lasting impact.