Mexico

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General Motors to invest additional $1 bln in US

General Motors Co on Jan. 17 confirmed it will invest an additional $1 billion in its U.S. factories in 2017 and will move some parts production from Mexico to the United States that was previously handled by a supplier. 

The investments are in addition to the $2.9 billion the automaker announced last year, GM said.

Eight men own same as poorest half of world: Oxfam

Eight men own the same wealth as the poorest half of the world's population, a level of inequality which "threatens to pull our societies apart," Oxfam said on Jan. 16 ahead of the World Economic Forum opening in Davos.

The wealth of the world's poorest 3.6 billion people is the equivalent to the combined net worth of six American businessmen, one from Spain and another from Mexico.

Lockheed CEO meets Trump; vows to create thousands of jobs

The chief of U.S. aerospace giant Lockheed Martin met on Jan. 13 with Donald Trump, promising to create thousands of jobs and bring down costs of the stealth fighter the president-elect lambasted.

Trump last month slammed Lockheed in one of his customary Twitter attacks for the "out of control" costs of the F-35 fighter jet, sending the company's share price plunging.

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