Fomento Economico: Q1 Earnings Snapshot

MONTERREY N.L., Mexico (AP) — MONTERREY N.L., Mexico (AP) — Fomento Economico Mexicano SAB (FMX) on Friday reported profit of $2.58 billion in its first quarter. On a per-share basis, the Monterrey N.l., Mexico-based company said it had net income of $7.44. Earnings, adjusted to...

Mexico has "unprecedented appetite for baseball" after WBC

MEXICO CITY (AP) — Major League Baseball is heading south of the border again to play a regular season series. After previous stops in Monterrey, Mexico City will be the host this time, and the timing seems perfect. The San Diego Padres will play against the San Francisco Giants...

Mexican president says Tesla to build plant in Mexico

MEXICO CITY (AP) — Mexico's president announced Tuesday that electric car company Tesla has committed to building a major plant in the industrial hub of Monterrey in northern Mexico. President Andrés Manuel López Obrador said the promise came in phone calls he had Friday and...

Mexican president says Tesla will build plant in northern Mexico city of Monterrey

MEXICO CITY (AP) — Mexican president says Tesla will build plant in northern Mexico city of Monterrey.