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Current DateTime: 04:57:00 26 Nov 2009
LinksList Documentid: 31388230
Expiration DateTime: 11/26/2009 5:00:10 AM
    • Shopper & Investor Deals  25 Nov 2009

        A look at what's likely to happen at the registers once the doors open on Friday, with Richard Hastings, Global Hunters Securities; Richard Jaffe, Stifel Nicolaus & Co. and CNBC's Jane Wells.

    • Black Friday: Bargain or Bust?  25 Nov 2009

        Whether the deals are better than what shoppers will usually see or if it is just another marketing tactic, with Hitha Prabhakar, Style File Group; Brad Wilson, BlackFriday2009.com and CNBC's Jane Wells.

    • Holiday Central  25 Nov 2009

        A discussion of the many ways retailers are preparing for Black Friday, live from K-Mart in Burbank, CA, with CNBC's Jane Wells.

    • Retailers Getting Ready for Black Friday  25 Nov 2009

        Retailers are getting ready for Black Friday, and CNBC's Jane Wells has the play by play. Stacy Janiak, of Deloitte, shares her insight.

    • Amazon vs. Wal-Mart  24 Nov 2009

        What began as a price war between Wal-Mart and Amazon over a handful of books has nos spread to a wide assortment of consumer goods. Lee Eisenberg, a noted retail expert and consumer behaviorist, and CNBC's Jane Wells discuss.

    • Prices to Be Thankful For  24 Nov 2009

        A decrease in food prices is something to be thankful for this holiday, reports CNBC's Jane Wells.

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Current DateTime: 04:57:01 26 Nov 2009
LinksList Documentid: 31388237
Expiration DateTime: 11/26/2009 5:00:17 AM
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Funny Business

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Apr.07
1:39 PM ET
Tuesday, 7 Apr 2009
For The Rich, A Mexican Standoff - Blame Olmos
Posted By:Jane Wells
Sectors:Media

Are you rethinking your Cabo vacation plans?

Are you telling your college-age children there is NO WAY they can go to Mexico for spring break? A violent drug war is killing the tourism industry south of the border.

"I say don't go to Mexico," actor Edward James Olmos told Larry King last month. When asked if that boycott included resort cities, Olmos said yes. "Stay out of Mexico. Maybe they'll get the message."

But a very high end spa resort is taking issue with the actor, believing his words are unnecessarily scaring people away.

"I write to let you know that we are going through some very serious times, so much so that our ability to remain open is threatened," says an email forwarded to me from a long-time customer of Rancho La Puerta. The ranch is a highly-rated, exclusive hideaway outside Tecate where one week stays can top $4,000.

Resort management says business is plummeting "due to misinformation," and that the areas of Mexico plagued by violence are "nowhere near Rancho La Puerta." Last week, for the first time in the resort's 70-year history, there were more cancellations than reservations, and management is blaming Olmos' comments for much of the dropoff.

"Mr. Olmos, we beg to differ," says the email. "Your warning is a suggestion that U.S. citizens punish all of Mexico and its hardworking citizens—like our staff—for what has been happening in their country. It is terribly hurtful and unfair." It goes on to say that Tecate has only had one violent incident in the past two years, making it much safer than many American cities. "But fear may drive us out of business."

Check Out These Latest Stories From Mexico:

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