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Fitch Ratings maintains Ecopetrol S.A.’s rating at BB+, with a stable outlook

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BOGOTÁ, Colombia, Nov. 20, 2023 /PRNewswire/ — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (“Ecopetrol” or the “Company”) reports that the rating agency Fitch Ratings affirmed the Company’s long-term foreign and local currency issuer default rating at “BB+”, with a stable outlook. Additionally, the agency affirmed the Company’s national long- and short-term ratings at ‘AAA(col)’ and ‘F1+(col)’, respectively, both with a stable outlook.

The rating agency highlighted Ecopetrol’s liquidity profile, which is supported by cash generation, access to capital markets, an adequate debt structure and the EBITDA contribution from Interconexión Eléctrica S.A. E.S.P (ISA). It also noted progress in reducing the balance of accounts receivables from the Fuel Price Stabilization Fund (FEPC), stability in the Company’s operational metrics and Ecopetrol’s strategic relevance for Colombia, as the Republic of Colombia holds 88.5% of its voting share capital.

Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in the American continent, with more than 18,000 employees. In Colombia, it is responsible for more than 60% of the hydrocarbon production of most transportation, logistics, and hydrocarbon refining systems, and it holds leading positions in the petrochemicals and gas distribution segments. With the acquisition of 51.4% of ISA’s shares, the company participates in energy transmission, the management of real-time systems (XM), and the Barranquilla – Cartagena coastal highway concession. At the international level, Ecopetrol has a stake in strategic basins in the American continent, with Drilling and Exploration operations in the United States (Permian basin and the Gulf of Mexico), Brazil, and Mexico, and, through ISA and its subsidiaries, Ecopetrol holds leading positions in the power transmission business in Brazil, Chile, Peru, and Bolivia, road concessions in Chile, and the telecommunications sector. This press release contains business prospect statements, operating and financial result estimates, and statements related to Ecopetrol’s growth prospects. These are all projections and, as such, they are based solely on the expectations of the managers regarding the future of the company and their continued access to capital to finance the company’s business plan. The realization of said estimates in the future depends on the behavior of market conditions, regulations, competition, and the performance of the Colombian economy and the industry, among other factors, and are consequently subject to change without prior notice.

This release contains statements that may be considered forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. All forward-looking statements, whether made in this release or in future filings or press releases, or orally, address matters that involve risks and uncertainties, including in respect of the Company’s prospects for growth and its ongoing access to capital to fund the Company’s business plan, among others. Consequently, changes in the following factors, among others, could cause actual results to differ materially from those included in the forward-looking statements: market prices of oil & gas, our exploration, and production activities, market conditions, applicable regulations, the exchange rate, the Company’s competitiveness and the performance of Colombia’s economy and industry, to mention a few. We do not intend and do not assume any obligation to update these forward-looking statements.

For more information, please contact:

Head of Capital Markets (a)
Carolina Tovar Aragón
Email: [email protected]

Head of Corporate Communications
Marcela Ulloa
Email: [email protected]

Logo – https://mma.prnewswire.com/media/95646/ecopetrol_s_a__logo.jpg 

SOURCE Ecopetrol S.A.

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Dogs seen nibbling on human body parts at possible clandestine burial site in Mexico

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After dogs were seen nibbling at human body parts, activists in western Mexico demanded Friday that authorities keep digging at what appears to be a clandestine burial site.

A group representing families of some of Mexico’s more than 112,000 missing people said they were concerned police would leave the site on the outskirts of the city of Guadalajara due to a long holiday weekend.

The site had already been disturbed by dogs, and there were fears more evidence could be lost.

The Light of Hope is a volunteer search group that represents families of missing people in the western state of Jalisco. The group said 41 bags of human remains had been recovered at the site, which was discovered earlier this month after dogs were seen trotting off with a human leg and a skull.

“It is outrageous that the authorities, who can’t keep pace, take the weekends and holidays off and don’t work extra shifts to continue with this investigation,” the group said in a statement.

Officials have not commented on how many bodies the bags may contain.

Cartel violence in the region

Guadalajara has long suffered from turf battles between factions of the Jalisco cartel, and hundreds of bodies have been dumped at clandestine sites there.

Drug cartels often put the bodies of executed rivals or kidnapping victims in plastic bags and toss them into shallow pits.

Dogs or wild animals can disturb the remains and destroy fragile pieces of evidence such as tattoos, clothing fragments and fingerprints that can help identify victims.

Animals have led authorities to bodies before in Mexico.

Last November, police in the southern state of Oaxaca found a dismembered human body after spotting a dog running down the street with a human arm in its mouth The discovery led investigators to find other parts of the dismembered body in a neighborhood on the outskirts of Oaxaca city, the state capital.

Days earlier, clandestine graves holding human remains were found in the central state of Guanajuato after neighbors reported to volunteer searchers that they had seen a dog with a human leg.

Weeks before, residents of a town in the north-central state of Zacatecas saw a dog running down the street with a human head in its mouth. Police eventually managed to wrest the head away from the dog.

In that case, the head and other body parts had been left in an automatic teller booth in the town of Monte Escobedo alongside a message referring to a drug cartel.

Drug cartels in Mexico frequently leave notes alongside heaps of dismembered human remains, as a way to intimidate rivals or authorities.

In June 2022, the bodies of seven men were found in a popular tourist region with warning messages written on their corpses referencing the Gulf Cartel, which operates mainly along the U.S. border to the north.

In April 2022, six severed heads were reportedly discovered on a car roof in Mexico with a sign warning others: “This will happen to anyone who messes around.”

Shocking discoveries at mass graves

Mexican police and other authorities have struggled for years to devote the time and other resources required to hunt for the clandestine grave sites where gangs frequently bury their victims.

That lack of help from officials has left dozens of mothers and other family members to take up search efforts for their missing loved ones themselves, often forming volunteer search teams known as “colectivos.”

Sometimes the scope of the discoveries is shocking.

In July, searchers have found 27 corpses in clandestine graves in the Mexican border city of Reynosa, across from McAllen, Texas, and many of them were hacked to pieces.

In February, 31 bodies were exhumed by authorities from two clandestine graves in western Mexico. Last year, volunteer searchers found 11 bodies in clandestine burial pits just a few miles from the U.S. border. 

In 2020, a search group said that it found 59 bodies in a series of clandestine burial pits in the north-central state of Guanajuato.

Mexico has more than 100,000 disappeared, according to government data. Most are thought to have been killed by drug cartels, their bodies dumped into shallow graves, burned or dissolved.

AFP contributed to this report.

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Acapulcos restaurant owner in Sudbury is selling property

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SUDBURY In a change of plans, the owner of the former Acapulcos restaurant site on Route 20 is seeking to sell the parcel to a group that plans to open a new restaurant there.

The news comes months after reports that Steven Ross, who owns the property through his Natick-based company, Red Bear LLC, had planned to retain a tenant that would construct a Sol de Mexico restaurant.

“I’ve decided to switch gears and to sell the land with the restaurant approvals (that were made by the town) and I’m going to have my broker list it for sale,” Ross told the Daily News.

‘A lot of interest in it’: Sudbury restaurant must either repair its location or move out

The property, at 694 Boston Post Road (Route 20), housed Mexican eatery Acapulcos for more than 20 years before it closed in 2021. It was previously one of the earliest locations of the 99 Restaurant & Pub chain.

Ross has owned the property since 1999. He had a long-term lease with Acapulcos, which still has seven other locations including those in Milford and Franklin.

Restaurant building razed due to volume of repairs needed

“I had a long-term lease with Acapulcos, but toward the end they really just didn’t keep up the maintenance of the building, and the town shut them down,” Ross said. The building was in such disrepair that he had it demolished last year.

Then, earlier this year, Ross appeared before the Sudbury Planning Board, saying he had a new tenant lined up. That was Sol de Mexico, also a Mexican restaurant that has locations in Bellingham, Milford and Taunton. It also operated a restaurant in Natick before closing it earlier this year.

Steady growth: Sol de Mexico opening new restaurant in Milford

But Ross has since announced plans to sell the property to a new owner, with the new space already being approved by the town for a restaurant to replace Acapulcos. Ross said one of the major issues with the old site, an outdated septic system, has been replaced and is ready to serve the next restaurant.

“I kept the foundation and got all new approvals from the town and I have all of those in place, and that really took so long and I couldn’t start the construction, so I decided that I’d sell the land and let someone else build a restaurant and open the property,” Ross explained. “We don’t know who’s going to move in. Presumably whoever buys the land is already a restaurant owner or investor. A brand-new septic system has been installed and I spent a lot of money getting the approvals and everything done.”

Sol de Mexico did not respond to request for comment.

The property is listed for sale by CRG Commercial. According to the $1.74 million listing, the site is approved for a 140-seat restaurant that can cover up to 4,200 square feet.

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Liver Cancer Rates Surge Among Mexican American Generations

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Uptake of unhealthy behaviors does not fully explain the trend.

New research reveals that with each subsequent generation of Mexican Americans, the risk of developing liver cancer has climbed. Although Mexican Americans have experienced a growing trend in modifiable risk factors-such as increased alcohol consumption, higher smoking rates, and elevated body mass index-these factors alone do not entirely account for the increased risk of liver cancer as generations progress. The findings are published by Wiley online in CANCER, a peer-reviewed journal of the American Cancer Society.

US-born Latinos have a higher incidence of liver cancer than foreign-born Latinos, and a possible contributor may relate to the adoption of different lifestyle behaviors, cultural norms, and values in the United States. Assessing liver cancer rates in successive generations of Mexican Americans may help to determine whether this theory is potentially valid.

To investigate, a team led by V. Wendy Setiawan, PhD, of the University of Southern California, studied 31,337 self-reported Mexican Americans from the Multiethnic Cohort Study. A total of 213 new cases of liver cancer developed over an average follow-up of 19.5 years. After adjusting for lifestyle and neighborhood-level risk factors, second generation (US-born with one or two parents born in Mexico) and third generation (US-born with both parents born in the US) Mexican Americans had 37% and 66% higher risks of liver cancer, respectively, compared with first generation Mexican Americans, who were born in Mexico. The elevated risk associated with generational status was mostly observed in men.

“Liver cancer is becoming a growing concern among Latinos, underscoring the importance of comprehending the factors driving this trend. Although we currently lack a precise understanding of why second and third generation Mexican Americans are at a heightened risk of liver cancer, we have highlighted the importance of prioritizing research on these populations,” said Dr. Setiawan. “In the future, identifying the risk factors within this group may facilitate the discovery of the underlying causes behind these observations.”

Additional information

NOTE: The information contained in this release is protected by copyright. Please include journal attribution in all coverage. A free abstract of this article will be available via the CANCER Newsroom

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.

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Apple co-founder Wozniak back home after minor stroke in Mexico

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Apple unveils iPhone 15, features USB-C charging and periscope lens

04:24

MEXICO CITY — Apple co-founder Steve Wozniak says he suffered a minor stroke while attending a business conference in Mexico City.

Wozniak told ABC News in a text Thursday that he felt dizzy Wednesday morning, then experienced vertigo before going to the hospital where a MRI revealed he had had a “minor but real stroke.”

Wozniak, 73, had been scheduled to speak at the World Business Forum in Mexico City, a two-day gathering billed as the world’s most important management event. Other advertised speakers were Carly Fiorina, the former CEO of Hewlett-Packard and Muhammad Yunus, a pioneer in microfinance who was awarded the Nobel Peace Prize.

The convivial Wozniak, who teamed up with the late Steve Jobs to found Apple in 1976, had been scheduled as the conference’s closing speaker Wednesday afternoon.

Wozniak told the New York Times that he was released from the hospital Thursday, flew back to California and was waiting for dinner at home in Los Gatos. “I’m back home and feeling good,” Wozniak said.

Wozniak left Apple in 1985 to pursue a wide range of other interest, but has remained a fervent supporter of the company and a technology evangelist. More recently he has pursued a range of other interests including competing on “Dancing With The Stars” in 2009 and participating as a judge in an online video show called “Unicorn Hunters” that assesses ideas from entrepreneurs vying to build startups potentially worth $1 billion or more.

While dabbling in other startups, Wozniak also has helped keep alive the memory of his longtime friend, Jobs, who died of cancer in 2011.

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What do Mexico need to qualify for Copa America? Route, games after Concacaf Nations League defeat in Honduras

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Mexico face an uphill task to win their CONCACAF Nations League quarterfinal tie after a setback in the first leg in Honduras.

Anthony Lozano scored the 30th-minute opener and Bryan Rochez added the second with 18 minutes remaining as the hosts won 2-0 to give themselves a huge chance of an upset.

El Tri dominated possession but produced only two shots on target as part of a result that could damage their chances of reaching the 2024 Copa America.

Head coach Jaime Lozano will hope his side’s first defeat in eight games in all competitions is only a blip on their way to the finals, which will be held in the US.

All is not lost for Mexico in their bid to reach the Copa America. The Sporting News explains the paths available to them, and how you can watch their second leg against Honduras as they attempt to secure their place in next summer’s tournament.

MORE: What is CONCACAF?

What do Mexico need to qualify for Copa America? 

The two-time finalists can still qualify for the tournament if they overturn the deficit when they host Honduras in the second leg of the CONCACAF Nations League quarterfinal at the Estadio Azteca in Mexico City on Wednesday.

Six Copa America places go to CONCACAF teams: four who reach the Nations League semifinals, and the two beaten quarterfinalists who win playoff matches.

Either Mexico or Honduras will drop into this playoff round depending on who wins the Nations League quarterfinal tie.

Mexico’s defeat in the first leg was perhaps less of a surprise than it might have seemed in light of their mixed historical record in Honduras.

At 12th in the FIFA rankings, Mexico are 66 places above Honduras, so they will be firm favourites to win the return game, with a win by at least two goals well within their capabilities.

Mexico National Team Seleccion Mexicana

Who could Mexico play in the Copa America CONCACAF playoffs?

Mexico will drop into the playoffs if they lose their CONCACAF Nations League quarterfinal with Honduras over two legs. If they do, they will face one of the other teams that loses their own quarterfinal matchup.

The other quarterfinals are between the United States and Trinidad and Tobago, Costa Rica and Panama, and Jamaica and Canada.

Should Mexico be knocked out of the Nations League, it is highly unlikely they would face opponents who would be close to them in the rankings, with 11th-ranked USA already 3-0 ahead from their first leg against Trinidad.

Unless they suffer another shock, then, Mexico remain likely to qualify for Copa America 2024. But they may need another game in which to do it if they cannot recover in the second leg against Honduras.

MORE: Gold Cup champions: All-time winners

When are the playoffs for Copa America 2024?

The playoff matches will take place in March 2024 as one-legged, all-or-nothing games. The two winners will qualify for the Copa America.

Both of these games will be held at Toyota Stadium in Dallas, Texas.

The Copa America tournament, featuring 16 teams including holders Argentina, will take place between June 20 and July 14, 2024, with the draw held on December 7, 2023.

When is Mexico vs Honduras?

The CONCACAF Nations League clash takes place at Estadio Azteca in Mexico City, Mexico and kicks off on Tuesday, November 21 at 8.30 p.m. local time.

Here’s how that time translates across North America:

  Date Kickoff time
USA/Canada ET Tue, Nov. 21 9:30 p.m. ET
USA/Canada PT Tue, Nov. 21 6:30 p.m. ET

How to watch Mexico vs Honduras

In the USA, this match will be live streamed by Paramount+. Spanish coverage will be through TUDN, which is available to Fubo subscribers.

In Canada, subscribers can watch this match via Fubo.

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Minimum Wage Could Increase 12.8% in 2024 in Mexico · EMSNow

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A proposal to increase the minimum wage by 12.8% in 2024 has been presented by the Employers’ Confederation of the Mexican Republic (COPARMEX), which represents the private sector. The proposal will be further discussed by the Mexican government and workers. However, if accepted, Mexicans would have greater purchasing power.

SOURCE: Mexico Business News

José Medina, President of COPARMEX, proposed that the new minimum wage be increased from MX$207.44 (US$11.50) to MX$234. The objective is to reach the family welfare line, which represents a family of four in which two people work. Both wages should be enough to purchase the basic food and non-food basket. Medina emphasized that the new minimum wage seeks to guarantee that Mexican families will be able to purchase more than basic needs. For the proposal to become effective, the National Minimum Wage Commission (CONSAMI) must accept it.

By 2026, all companies will pay between MX$8,550 and MX$8,600 per month, expects the confederation. “The proposal we make to companies is that they should not wait for the living wage to reach that level, but that each company, to the extent of its possibilities, should pay at least the living wage that will allow us to reach that level for Mexican families,” said Medina.

Rogelio Gómez Hermosillo, Coordinator of Acción Ciudadana Frente a la Pobreza, stated that improving wages reduces poverty. According to the National Council for the Evaluation of Social Development Policy (CONEVAL), the percentage of Mexicans living in poverty decreased from 41.9% in 2018 to 36.3% in 2022.

In 2023, minimum wages in Mexico increased by 20%, from MX$172.87 to MX$207.44, while jobs at the border moved from paying MX$260.34 to MX$312.41. In the last four years, the minimum wage has increased from MX$88 to MX$173. In 2019, the minimum wage increased 16.2%; in 2020, it increased 20%; in 2021, 15%; and in 2022, 22%.

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Research Reveals Rising Liver Cancer Rates in Mexican Americans

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In the United States, liver cancer rates have more than tripled since 1980. Some groups, including Latinos, face an even higher risk than the general population—but researchers do not fully understand why.

A study from the Keck School of Medicine of USC, funded by the National Cancer Institute, has shed new light on those disparities. Researchers found that among Mexican Americans, liver cancer risk rises the longer a person’s family has lived in the U.S. That increased risk primarily affected men. The findings were just published in the journal Cancer.

“With each successive generation, we’re seeing an increased risk of liver cancer. When we look more closely at this trend, the numbers are significant,” said lead author Veronica Wendy Setiawan, PhD, a professor of population and public health sciences and the Jane and Kris Popovich Chair in Cancer Research at the Keck School of Medicine.

Setiawan and her colleagues analyzed data on first-, second- and third-generation Mexican Americans. Compared to the first generation, second-generation Mexican Americans were 37% more likely to develop liver cancer and third-generation Mexican Americans were 66% more likely to get the disease.

Metabolic syndrome (which includes obesity and diabetes) and lifestyle factors, such as an increase in alcohol consumption and smoking in later generations, can explain some—but not all—of the increased risk. More research is needed to understand what other factors are linked to the rise in liver cancer cases.

“The Mexican American population is growing, but there’s so little research that focuses on this group,” said Setiawan, who is also co-leader of the Cancer Epidemiology Program at the USC Norris Comprehensive Cancer Center. “So, there’s a lot that we still don’t know.”

Unexplained disparities

The researchers studied 31,377 Mexican Americans who were part of the Multiethnic Cohort Study, a collaboration between USC and the University of Hawaii Cancer Center. First-generation participants were born in Mexico; second-generation participants were born in the U.S. with one or both parents born in Mexico; and third-generation participants were born in the U.S. along with both of their parents.

Across all generations, 213 participants developed liver cancer. Compared to the first generation, second- and third-generation Mexican Americans faced a 37% and 66% increased risk, respectively. Researchers believe the increased risk may primarily affect men because they tend to have more risk factors related to disease than women.

The researchers controlled for a number of factors that could influence a person’s risk of developing liver cancer, including higher rates of alcohol and cigarette use, as well as higher average body mass index. They also accounted for neighborhood-level factors that can influence cancer risk, including socioeconomic status and living in an “ethnic enclave,” a geographic area with many residents of a single ethnicity.

“After we adjust for those factors that are different across generations, we still see these higher risks,” Setiawan said. “That tells us that this is an important population to study further.”

An ongoing search for answers

Further research on lifestyle and neighborhood factors, including data on diet, education and environmental exposures, can help researchers continue to explain the ethnic disparities in liver cancer risk. That knowledge can ultimately support targeted prevention efforts to protect high-risk populations from developing the disease, Setiawan said.

She and her colleagues have also received funding from the National Institutes of Health to recruit approximately 2,000 Latino participants across Los Angeles Country with fatty liver disease, one potential precursor of liver cancer. They will perform ultrasound scans to track liver health over time and collect detailed information about diet and other aspects of health to get a clearer picture of how the disease progresses.

About this research

In addition to Setiawan, the study’s other authors are Nicholas Acuna and Christopher A. Haiman from the Department of Population and Public Health Sciences, Keck School of Medicine of USC; Kali Zhou from the Division of Gastrointestinal and Liver Diseases, Keck School of Medicine of USC; Tiffany Lim from the Center for Genetic Epidemiology, Keck School of Medicine of USC; Paulo S. Pinheiro from the Sylvester Comprehensive Cancer Center and the Department of Public Health Sciences, University of Miami School of Medicine; Iona Cheng and Salma Shariff-Marco from the Hellen Diller Family Comprehensive Cancer Center and the Department of Epidemiology and Biostatistics, University of California, San Francisco; and Lynn R. Wilkens and Loïc Le Marchand from the Epidemiology Program, University of Hawaii Cancer Center.

This work is supported by the National Cancer Institute [U01CA164973, R01CA228589, R01CA154644].

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.

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Honors Students Gain Experience and Inspiration Through Venture Internship Program

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Philip Nuñez was matched with Co-Angler, an online platform designed to encourage people to go fishing together.


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Philip Nuñez was matched with Co-Angler, an online platform designed to encourage people to go fishing together.

Honors students, this semester, experienced the opportunity and challenges of entrepreneurship through the Office of Entrepreneurship and Innovation (OEI) Venture Internship Program (VIP). 

Tackling solutions like building an e-commerce platform for food truck or creating an app to help paddleboarders navigate rivers safely, as well as designing marketing for a zero-waste brick-and-mortar refill shop, connecting cyclists and mountain bikers in Northwest Arkansas both online and on the trails and creating a community through a platform for fishermen, students in the program not only gain valuable experience, but have also taken major steps towards their honors research.

“It is important for students of all majors to have professionalizing experience like an internship,” said Louise Hancox, senior director of the Honors College Futures Hub. “We encourage students to integrate all facets of the honors experience to launch them to the next step, from graduate and professional school to the right job in the professional world. We often recommend VIP as a great opportunity for honors scholars from across majors.” 

The Venture Intern Program matches talented undergraduate students from the U of A with startups, entrepreneurship support organizations and investor networks for semester-long internships and provides training to help them to succeed in dynamic, fast-paced environments. In addition to gaining valuable business experience, many honors students are using the internship to inspire their research interests.  

“Entrepreneurship goes beyond just starting a business or organization; everything starts with a problem,” said Jason Riley, Venture Intern Program manager. “Once a problem has been identified, entrepreneurs think creatively about how to solve that problem, based on their own skillset and community or market needs. That’s what makes VIP special; it gives students an experiential learning opportunity unique to the startup environment.”  

Many of the internships are offered through companies participating in the Greenhouse Outdoor Recreation Program (GORP), a business incubator focused on the development of entrepreneurs who are creating innovative products and services within the outdoor recreation industry. 

For students like Jose Torres, OEI and the Honors College go hand-in-hand in crafting a competitive edge to his undergraduate business education. 

“My parents immigrated from Mexico, and they wanted a better life for me,” Torres shared. “Since I’ve been involved with OEI, VIP and the Honors College, I’ve learned there are many avenues after graduation. The experience has opened many paths for me and made me feel calm applying for jobs and thinking about the future.” 

TURNER HUPFELD – GORP/PADDL

Hupfeld, a senior honors information systems and finance double major, was matched with Paddl, an app designed to make finding the best paddling destinations more user-friendly, through offering detailed river maps, real-time conditions and trip planning tools for river adventurers.

Hupfeld applied because he was interested in learning more about small business, and he believes the experience has been invaluable in growing his business acumen. 

“I am handed real assignments that help and affect the company,” he shared. 

In his role, Hupfeld conducts customer and market research and competitor analysis in advance of the app’s launch. 

“The experience has given me a lot of hands-on experience,” he said. “I better understand the difficulties small companies face with not a lot of resources.”  

Despite the challenges, he’s still interested in eventually pursuing a career in entrepreneurship, and surprisingly, his honors thesis focuses on a big barrier to success – social media’s impact on productivity. 

“It’s something I noticed in myself,” he said. “It was getting in the way of what I want to do, and I wanted to choose a topic people could relate to.”

JACKSON MAJOR – REJOICY

Major, a junior honors supply chain management and marketing double major with a minor in strategy, entrepreneurship and venture innovation, was matched with Rejoicy, an e-commerce platform that helps small businesses create an online shop and manage orders. 

“It’s a great solution for food trucks to take orders,” Major said. “Squarespace and Shopify are targeting the premium high-volume companies, and we are providing a solution with easy set-up and less fees. Within 10 minutes, you can start taking orders.” 

In his role, Major works with logistics operations and customer insights. He’s gained lots of applicable experience, but the mentorship he’s received from the company’s founder has been crucial in genuinely learning about the industry.

“I ask a lot of questions,” Major shares. “Business, life, future questions – at a start-up, everything is fast-paced, and you can make decisions in an instant and implement them immediately, while there’s a longer chain of command at bigger companies. I’m not sure what route I want to go yet, but I’m definitely open to working at a start-up.” 

Major has found that same level of mentorship and experience at the Honors College. 

“I know I’m getting the best possible education,” he said. “The classes are smaller, and I have personal relationships with my professors. They all know my name.” 

For his honors thesis, Major opted to write a practice-based reflection on his internship with Rejoicy and heavily documents his experience weekly.

PHILIP NUÑEZ – GORP/CO-ANGLER

Nuñez, a junior honors supply chain and strategy, entrepreneurship and venture innovation double major, was matched with Co-Angler, an online platform designed to encourage people to go fishing together. Nuñez sought out an internship to establish his network in Northwest Arkansas. 

“I wanted to be plugged into the local community,” he shared. “I can see the entrepreneurial realm being an avenue for me in the future. Plus, I’m getting real-world business experience, and the internship is paid fairly with flexible hours to balance my school and personal life.” 

Nuñez works remotely in his role, which has taught him a lot about building structure and accountability. 

“It’s very easy to go off on my own tangent,” he said. “The lack of structure has encouraged me to be more autonomous, and that’s a very important life skill.” 

In his role, Nuñez has learned a lot about customer discovery, and that has pushed him out of his “comfort zone.” 

“I interview a lot of people – meeting strangers, building a conversation to build a relationship,” Nuñez explained. “It is a skill I now use in my personal life, but it’s also important professionally. I’ve built a huge network and great life experience.”

Insight into start-up business and culture has provided both excitement and hesitancy when thinking about his own future in entrepreneurship. 

“There’s uncertainty in entrepreneurship,” Nuñez admitted. “But I also like that because of the work you put in, you receive the reward of creating something. It’s a chaotic life, but I can also see it for myself.” 

Much like the internship, the Honors College provided Nuñez with access to greater insight and opportunities. He is writing his thesis on small-town economic development in Belize, and through honors, he was able to visit this past summer.

“I encourage everyone to get involved,” Nuñez said speaking of both OEI and the Honors College. “This is a great place to start.” 

JOSE TORRES – GORP/RIDER UP

Torres, a senior strategy, entrepreneurship and venture innovation major, was matched with Rider Up, a community-centered cycling app that uses real-time location sharing to connect riders. The app seeks to create a more efficient way to connect with other riders and report trail conditions. 

“You can meet new people,” Torres said. “Or you can share the app with a group of friends and choose a time and place.” 

In his current role, Torres works on marketing research and customer discovery for the launch of the app. 

“I’m essentially creating user personas,” Torres explained. “Who are the people we want to target? I’m also researching similar applications and learning from their strategies.” 

Torres heard about VIP his freshman year, but he had to wait until he was a junior to apply.  That didn’t stop him from enriching his experience on campus. In the meantime, he participated in the Freshman Leadership Forum through Associated Student Government, became heavily engaged with the Office of Entrepreneurship and Innovation and also applied to the Honors College. 

“Both of my parents are self-employed and incredibly hard workers,” Torres shared. “When I entered university, one of the first things I wanted to find was the entrepreneurship community.” 

Through the Honors College, Torres has been able to expand his business experience globally. 

“I knew I wanted to study abroad and have a close relationship with my professors,” Torres said. “Right now, I’m working on my thesis, and that research opportunity wouldn’t be possible without honors. It made my college experience more worthwhile.” 

Inspired by his family, Torres is studying entrepreneurship in Mexico. He’s focusing his research on one state of Mexico and studying different municipalities in the area, comparing investments, economic and job opportunities and health care. 

“I’m trying to understand all the nuances,” he said. “I hope it will help identify potential entrepreneurial opportunities.” 

KATE TOURNILLON – HIPPIE HOLLOW REFILL

Tournillon, a senior marketing and management major with a minor in economics, was matched with Hippie Hallow Refill, Fayetteville’s first zero-waste refill shop. 

“It provides a more sustainable way to shop,” Tournillon shared. “There’s one woman who owns it, and she does everything.” 

In her role, Tournillon helps with store operations, customer experience and partnering with local retailers. 

“Inventory management is really interesting,” Tournillon said. “It’s challenging to find products that we can sell in-store that are ethically made and also eco-friendly. It’s been eye-opening on what it takes to run a business.” 

Tournillon was excited to apply to VIP because of the flexibility to try out many roles within a business. 

“With smaller companies, you have the opportunity to learn so many new things,” she said. “If you want to take on more, it’s fairly easy to have that conversation.”

With the many skills Tournillon’s gained at Hippie Hallow, the experience has also given her clarity on her future. 

“It taught me that I don’t want to run my own business – I don’t want to be my own boss,” she said. “I learned a lot though, and that’s the most important part to me.” 

Tournillon’s never been intimidated to take on more – as a freshman, she was excited about the challenge of writing an honors thesis. Her thesis is studying mentor best practices for internship roles.

“I’ve always been driven to do a bit more,” she said. “There’s a lot of research about mentorship within companies, but there’s very little about interns, which is a mentor-heavy role.” 

When she is not studying, working on her thesis or interning, Tournillon gives tours for the Sam M. Walton College of Business, and she’s always happy to share her experience with OEI. 

“There are a lot of big businesses in Northwest Arkansas,” Tournillon said. “I like that we are highlighting the smaller companies through this program as well.” 

About the Honors College: The University of Arkansas Honors College was established in 2002 and brings together high-achieving undergraduate students and the university’s top professors to share transformative learning experiences. Each year the Honors College awards up to 90 freshman fellowships that provide $80,000 over four years, and more than $1 million in undergraduate research and study abroad grants. The Honors College is nationally recognized for the high caliber of students it admits and graduates. Honors students enjoy small, in-depth classes, and programs are offered in all disciplines, tailored to students’ academic interests, with interdisciplinary collaborations encouraged. All Honors College graduates have engaged in mentored research.

About the U of A Office of Entrepreneurship and Innovation: The Office of Entrepreneurship and Innovation creates and curates innovation and entrepreneurship experiences for students across all disciplines. Through the Brewer Family Entrepreneurship Hub, McMillon Innovation Studio, Startup Village, and Greenhouse at the Bentonville Collaborative, the Office of Entrepreneurship and Innovation provides free workshops and programs — including social and corporate innovation design teams, venture internships, competitions and startup coaching. A unit of the Sam M. Walton College of Business and Division of Economic Development, the Office of Entrepreneurship and Innovation also offers on-demand support for students who will be innovators within existing organizations and entrepreneurs who start something new.  

About the University of Arkansas: As Arkansas’ flagship institution, the U of A provides an internationally competitive education in more than 200 academic programs. Founded in 1871, the U of A contributes more than $2.2 billion to Arkansas’ economy through the teaching of new knowledge and skills, entrepreneurship and job development, discovery through research and creative activity while also providing training for professional disciplines. The Carnegie Foundation classifies the U of A among the few U.S. colleges and universities with the highest level of research activity. U.S. News & World Report ranks the U of A among the top public universities in the nation. See how the U of A works to build a better world at Arkansas Research and Economic Development News.

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Trump wins Texas governor Abbott’s endorsement at US-Mexico border

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“No way America can continue under the leadership of Joe Biden as our president. We need a president who’s going to secure the border.”

Reuters

20 November, 2023, 12:00 pm

Last modified: 20 November, 2023, 12:12 pm

Donald Trump poses for a photograph with a service member at the South Texas International airport in Edinburg, Texas, U.S. November 19, 2023. Trump and Texas Governor Greg Abbott served meals to Texas National Guard and Texas DPS Troopers that are stationed at the U.S.-Mexico border over the Thanksgiving holiday. Photo REUTERS

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Donald Trump poses for a photograph with a service member at the South Texas International airport in Edinburg, Texas, U.S. November 19, 2023. Trump and Texas Governor Greg Abbott served meals to Texas National Guard and Texas DPS Troopers that are stationed at the U.S.-Mexico border over the Thanksgiving holiday. Photo REUTERS

Donald Trump poses for a photograph with a service member at the South Texas International airport in Edinburg, Texas, U.S. November 19, 2023. Trump and Texas Governor Greg Abbott served meals to Texas National Guard and Texas DPS Troopers that are stationed at the U.S.-Mexico border over the Thanksgiving holiday. Photo REUTERS

Republican Donald Trump won the endorsement of Texas Governor Greg Abbott at an event near the U.S.-Mexico border on Sunday, a location meant to highlight the former U.S. president’s plans to crack down on immigration if he wins the 2024 election.

Trump, the frontrunner for the Republican nomination to challenge Democratic President Joe Biden next year, traveled to Edinburg, Texas, with Abbott to visit Texas National Guard soldiers, Texas Department of Public Safety troopers and other service members stationed there.

Abbott said Biden’s border policies pose a danger to communities across the United States. He credited Trump with cutting border crossings to the lowest point in decades during his presidency.

“I’m here to tell you that there is no way, no way that America can continue under the leadership of Joe Biden as our president. We need a president who’s going to secure the border,” Abbott said.

Trump said he was honored by Abbott’s endorsement.

“This meant a lot to me,” Trump said. “You’re not going to have to worry about the border anymore, governor … you’re not going to have to worry about the border in Texas or Arizona or anywhere else.”

“I’m here to tell you that there is no way, no way that America can continue under the leadership of Joe Biden as our president. We need a president who’s going to secure the border.”

By Abbott

Since Biden took office in 2021, U.S. border agents have made more than 5 million arrests of migrants making irregular crossings – not through a controlled border station – over the U.S.-Mexico border. Migrants have arrived from around the world; large numbers have fled economic and political turmoil in Cuba, Haiti, Nicaragua and Venezuela.

Trump has pledged to crack down on illegal immigration and restrict legal immigration if elected next year. His plan includes a promise to restore his 2019 “remain in Mexico” program, which forced non-Mexican asylum-seekers hoping to enter the United States at the Mexican border to wait in Mexico for the resolution of their cases.

The program was terminated by Biden, who defeated Trump in 2020, pledging more humane and orderly immigration policies. But he has struggled with record levels of migrants caught crossing the U.S.-Mexico border illegally.

Abbott has emerged as a leading Republican figure on border issues by mounting his own Operation Lone Star border security initiative, a controversial plan to stop migration that has put his state at odds with the Biden administration.



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