Businessmen from Mexican border state invest $16 million in Texas
Businessmen fleeing the violence in the Mexican border state of Tamaulipas have invested about $16 million in Texas in recent months, Federation of Chambers of Commerce of Tamaulipas State, or Fecanaco, vice president for border affairs Julio Almanza Armas said.
InterContinental Hotels Group will invest $500 million in Mexico over the next three years, the office of Mexican President Felipe Calderon said.