Business Mexico

  • An oil drilling rig in the Junin 10 field in the Orinoco Oil Belt, in Anzoategui, Venezuela on January 24, 2012.

    For a variety of reasons there still exist many untapped oil fields in the world. Those reasons may be political, technological, geological, or economical; but as time goes on they are being resolved to the extent that some huge fields are now becoming available for exploration and production.

  • gavel and money

    HSBC ignored warnings that its activities may have possibly exposed the US financial system to drug money from Mexico and inadvertently provided banking services to lenders suspected of links to terrorist organizations, Senate investigators have claimed in a new report, the Financial Times reports.

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    The Trans-Pacific Partnership will provide a boost of confidence to the seesawing global economy, create more jobs, and speed access to lucrative markets for American goods and services, says FedEx exec Michael Ducker.

  • Behold the Taghkanic House, presiding over a gentleman’s farm in upstate New York’s Hudson Valley, a two-hour drive from New York City.  The most visible part of this largely invisible contemporary home consists of an 1,800-square-foot glass pavilion. Glass houses always raise questions of privacy. However, in this case such practical concerns are addressed so that the majority of the home's living space consists of hidden subterranean chambers.

    Behold the Taghkanic House, presiding over a gentleman’s farm in upstate New York’s Hudson Valley, a two-hour drive from New York City.

  • Mexico Election's Oil Impact

    CNBC's Michelle Caruso-Cabrera reports on the latest election results from Mexico, including an assumed victory for Enrique Pena Nieto, and the possibility of more oil for the U.S.

  • Oil tanker

    Of  all the major oil-producing countries in the world, only four are showing a long-term decline in production capacity by 2020.  Factors like  the recent showdown with Iran over its nuclear program are more influential, according to a Harvard University report.

  • Location: Kailua Bay, HawaiiPrice: $9.8 millionBedrooms: 5Bathrooms: 7Square Footage: 5,145This Hawaiian retreat was the “winter White House”  in December 2011. (From 2008 until 2010, the Obamas rented  each December. ) The house, which is currently on the market for nearly , is Asian-inspired with bamboo ceilings. In front there’s a lagoon-like pool and Jacuzzi, and out back is the ocean.

    Whether it’s “the Summer White House,” “the Winter White House,” a beach house or a fishing camp, presidents need to get away, too.

  • Attorney General Eric Holder

    By invoking executive privilege over questions about the Justice Department’s “Fast and Furious” operation, the Obama administration is making a mistake of historic proportions, former House Speaker Newt Gingrich said Wednesday.

  • When Mark Zuckerberg  for a meal or two in Rome on his honeymoon, it set the media abuzz. Although tipping is not required or expected in Italy, Americans are known to tip. Furthermore, Zuckerberg is known to be worth quite a bit of money, although not as much as he was a few weeks ago.  Did Zuckerberg goof by not tipping? That’s hard to say, according to Daniel Post Senning, the great-great grandson of Emily Post and co-author of “The 18th Edition of Emily Post’s Etiquette.”“It’s literally a cl

    Here are some of the major ways American travelers can avoid unintentionally offending the locals.

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    That old nonfarm payroll number is coming, and this strategist has a trading plan.

  • Euro coin in front of the giant symbol of the Euro outside the headquarters of the European Central Bank.

    The European Central Bank is meeting Thursday, and this strategist has a trading plan - sort of.

  • Walmart

    In Los Angeles, a Wal-Mart building permit is getting a once-over. In New York, the City Council is investigating a possible land deal with the retailer’s developer in Brooklyn. A state senator in California is pushing for a formal audit of a proposed Wal-Mart in San Diego. And in Boston and its suburbs, residents are pressuring politicians to disclose whether they have received contributions from the company, the  New York Times reports.

  • Wal-Mart Investigation Expands

    CNBC's Michelle Caruso-Cabrera reports on a threat to the Wal-Mart investigation to look at every permit the company issued.

  • Increase Scrutiny of Wal-Mart in Mexico

    CNBC's Michelle Caruso-Cabrera reports the latest details on the bribery allegations coming from Wal-Mart's Mexican division, Walmex.

  • Wal-Mart Controversy Update

    CNBC's Michelle Caruso-Cabrera reports on the latest details of the alleged bribery scandal.

  • Given the pace of global growth, experts say crude oil prices are higher than they should be – largely the result of concern Iran might close the Strait of Hormuz in its showdown with the U.S. and E.U. over the expansion of its nuclear program.Like Iran, some of the world’s other biggest oil producers can be subject to unpredictable and unstable political events, causing price shocks. Such was the case during the 2011 civil unrest in Libya. At the time, Libya was the 17th largest oil-producing c

    Big movements in the price of oil can have significant effects on the economy, and countries with the most oil within their borders are set to benefit, as demand for crude continues to rise.

  • Whitney Tilson: Netflix Selloff a Buying Opportunity

    Whitney Tilson, T2 Partners, says the Netflix earnings report was "great news." He also weighs in on the alleged Wal-Mart scandal, currently under investigation.

  • Wal-Mart - Corruption in Mexico - A CNBC Report

    In this Guest Blog, former CEO Carly Fiorina shares her thoughts on the widening bribery probe writing, "Facing extremely serious charges of large-scale bribery and a multi-year cover-up, the Wal-Mart Board should immediately appoint a completely independent team to determine the facts."

  • Walmart Home Office

    "I have no idea how Wal-Mart operates but I do know how Mexico operates," former foreign minister Jorge Castaneda told CNBC's Squawk on the Street Monday.

  • Analyst: Wal-Mart Still a 'Buy' Despite Bribery Probe

    The FMHR traders discuss whether China or Europe is a bigger concern for global investors amid weak PMI data. Also, does a pullback in Wal-Mart shares present a buying opportunity for investors? David Strasser, Janney Capital Markets retail analyst, weighs in.