POLITICS
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The London-based Economist Intelligence Unit ranks Cuba among the world's worst business environments - No. 80 of 82 nations surveyed, with only Iran and Angola rated lower for the past five years.
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The message from a recent seminar for employers on immigration: Changes in federal law may be coming soon, but even so, businesses need to be ready to handle immigration issues now.
It's not like a business group to oppose the largest possible tax breaks for its members. But when it comes to sweetening a minimum wage bill with small business tax relief, the U.S. Chamber of Commerce is backing a House proposal that is a fraction of the size of a tax package passed by the Senate.
House lawmakers Wednesday scrutinized the proposed immigration fee increases, with Democrats saying they were unaffordable and Republicans saying a price can't be put on the benefits of American citizenship.
HISPANIC MARKET
Credit card use among Hispanics is on the rise and so is their debt, a trend civil rights advocates say could lead many of them to financial ruin unless stronger protections are not put in place, according to a national study released Thursday.
A coalition of groups that advocate for tighter borders is calling for a boycott of Bank of America Corp. because of a new credit card that could be used by illegal immigrants.
A day after Standard & Poor's Ratings Services cut its credit assessment of Univision debt as a result of the leveraged buyout of the Spanish-language broadcaster, the entity formed to conduct the LBO announced it will offer $1.5 billion of new notes to help finance the deal.
Retailing giant Wal-Mart plans to invest $981 million in Mexico this year in an expansion drive that envisions 125 new stores and the opening of at least 10 bank branches, the chain's first of their kind in the world.
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