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Mexico sees holiday bump in tourism amid pandemic surge

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TULUM, Mexico (AP) — The friends from Jackson, Mississippi, relaxed on lounge chairs dug into a white sand beach and romped in the turquoise Caribbean waters, grateful for a break from the pandemic winter in the United States.
They were among tens of thousands of American tourists who descended on Mexico's glittering Carib ... (full story)


Electric truck maker hits 100,000 orders ahead of fall start

LORDSTOWN, Ohio (AP) — An upstart electric vehicle maker said last Monday that it now has more than 100,000 orders for its new pickup truck.
Lordstown Motors Corp plans to begin production of the Endurance All-Electric Pickup Truck in September at a former General Motors assembly plant near Youngstown.
The company too ... (full story)


4 financial 'experts' who could steer you wrong

None of us knows everything we need to know about money, so we may turn to experts for help. But some money professionals who offer advice are not qualified to do so — nor are they required to put our interests ahead of theirs.
Be cautious when accepting advice from the following sources.
THE DEALERSHIP ABOUT HOW LONG ... (full story)


Deal reached on project to protect lakes from invasive fish

TRAVERSE CITY, Mich. (AP) — Michigan, Illinois and a federal agency have agreed on funding the next phase of an initiative to keep Asian carp out of the Great Lakes by strengthening defenses on a Chicago-area waterway, officials said last Thursday.
The two states and the U.S. Army Corps of Engineers will share pre-construc ... (full story)


Payout ratios explained

Q: Can you explain payout ratios? -- M.W., Bradley, Illinois
A: A company's payout ratio is the percentage of its earnings (net income) that's paid out to shareholders as dividend income. For example, PepsiCo's trailing earnings per share (EPS) over the past year were recently $5.05 and its annual dividend was $4.02 ($1.023 per ... (full story)