MercadoLibre Provisions Dent Profits as Credit Portfolio Expands

(Bloomberg) — MercadoLibre Inc.’s aggressive push into credit across Latin America eroded profit in the third…

Hurricane John’s rapid intensification catches Mexico tourist hubs of Acapulco and Puerto Escondido off guard

Puerto Escondido, Mexico — Hurricane John struck Mexico’s southern Pacific coast with life-threatening flood potential after growing…