Powerful earthquake rattles Mexico, shakes buildings


MEXICO CITY - A powerful earthquake shook Mexico on Friday, damaging more than 100 homes in the southwestern state of Guerrero and opening cracks in some buildings but there were no reports of deaths.

Mexican mobile phone operator sues IBM for $2.5 billion

NEW YORK - Mexican mobile phone operator Iusacell SA de CV sued IBM Corp on Wednesday, accusing the U.S. technology giant of making fraudulent representations that caused it to lose $2.5 billion in profits.

16 Apr 2014

Mexico state arrests mayor suspected of links to drug gang

MEXICO CITY - Mexican prosecutors have arrested the mayor of a town in the troubled western state of Michoacán on suspicion of collaborating with a violent drug gang.

World, 16 Apr 2014

Mexican ruling party state official held on suspicion of gang links

MEXICO CITY - One of the top ruling party officials in the troubled Mexican state of Michoacan has been held for 40 days while he is investigated for possible links to criminal organizations, the attorney general's office said on Saturday.

World, Mexico Election 05 Apr 2014

Two drug tunnels, with rail systems, found at U.S.-Mexico border

LOS ANGELES - U.S. federal agents have uncovered two drug-smuggling tunnels underneath the U.S.-Mexico border, both surfacing in San Diego-area warehouses and equipped with rail systems for moving contraband, officials said on Friday.

World, U.S. 04 Apr 2014

Citigroup faces criminal probe for fraud at Mexico unit: source

- Federal authorities have opened a criminal investigation into a $400 million fraud involving Citigroup's Mexican unit, according to a person familiar with the matter.

Citigroup faces criminal inquiry for fraud at Mexico unit: NYT

- Federal authorities have opened an investigation into a $400 million fraud involving Citigroup's Mexican unit, the New York Times reported, citing people briefed on the matter.

Citigroup uncovered rogue trading in Mexico, fired two bond traders

- Citigroup's Mexican subsidiary Banamex fired two bond traders after uncovering rogue trading last year, two sources close to the matter said, raising fresh questions over what controls the troubled unit had in place to police employees.

01 Apr 2014

Mexico finds 370 abandoned immigrant children

MEXICO CITY - In one week, 370 immigrant children, most of them from Central America, were found abandoned in Mexico, after traffickers promised to take them to the United States but left them to their own devices after being paid thousands of dollars, authorities said.

World, 29 Mar 2014

Mexican restaurants in U.S. squeezed by surging lime prices

SAN ANTONIO - Mexican restaurants in the United States are being squeezed by a sudden jump in the price of limes, an essential ingredient, which has led managers in places like San Antonio that are a hotbed for the cuisine to alter recipes.

27 Mar 2014

Ukraine peace deal falters as rebels show no sign of surrender

KIEV/SLAVIANSK, Ukraine - An agreement reached last week to avert wider conflict in Ukraine was faltering as the new week began, with pro-Moscow separatist gunmen showing no sign of surrendering government buildings they have seized. | Video