Business
Business news from McAllen and the Rio Grande Valley.
BusinessCBP detains Uber driver; business owner thought he had stolen 400 cinnamon rolls
The case of an Uber delivery driver accused of disappearing with over $1,000 worth of cinnamon rolls has taken an unexpected turn. Julie Pierre, founder of the viral bakery Roll and Dough based in South Florida, initially believed the driver she hired to deliver 400 cinnamon rolls to a farmers market had taken the products after they never arrived on Saturday. The 21-year-old took to social media on Thursday to share that she finally learned the true story. 'Based on the limited information we had at the time, we thought we had been robbed of the cinnamon rolls,' Roll and Dough stated in an Instagram post. 'Uber instructed us to file a police report, so we followed their guidance.' 'We did not know that the carrier, Iván, had been detained by immigration authorities during the delivery,' the statement continued. Sunrise Police confirmed that the driver was detained by U.S. Border Patrol in Hollywood while en route to deliver the cinnamon rolls. CBP confirmed the detention in a statement from a U.S. Customs and Border Protection spokesperson, reporting the arrest of Ivan Dario Rico Molano. 'On August 22, 2026, at approximately 8:50 a.m., Border Patrol agents stopped a vehicle on I-95 southbound, near Sheridan Street, following a records check on a silver Kia Carnival. It was identified that the registered owner was a foreign national without legal immigration status,' part of the statement read. 'During the encounter, the driver, identified as Ivan Dario Rico Molano, a citizen of Colombia, admitted to being in the United States without legal authorization. Mr. Molano was arrested and transported to the Dania Beach Border Patrol Station for processing. Records indicate he legally entered the United States in May 2021 but overstayed his authorized period of stay,' added the CBP text. The cinnamon rolls were recovered. The driver contacted someone to pick up the vehicle, which contained storage containers with the Roll and Dough cinnamon rolls, police reported. Pierre stated that a relative of the driver found the cinnamon rolls and returned them to the authorities, allowing Roll and Dough to retrieve them. 'Based on what we now know, Iván did not intentionally steal our cinnamon rolls. We sincerely regret describing the situation that way before knowing all the circumstances,' the statement said. 'We shared what we truly understood at that moment, and now that detectives have provided us with new information, we are publicly correcting what occurred.' The business also expressed a desire to donate a portion of its earnings to help the driver's family and cover any legal fees. Pierre also launched a GoFundMe campaign to purchase a transport vehicle and move forward with plans to establish a permanent location for the bakery. The campaign had raised over $4,100 of a $7,000 goal. A screenshot shared by the owner shows that Uber refunded the $110.99 for the trip. Friends and family of the detained individual, Mellanye Baquero, a friend of Iván for over four years, said he had recently moved from Pennsylvania to South Florida. 'He was the hardest worker in the warehouse and the joy of everyone,' Baquero recounted. According to her, Iván dreamed of living in Miami and becoming a personal trainer. His brother is in Florida, and his father lives in Colombia. 'He was there for me and my family when we needed him the most,' she added. Iván remains in ICE custody at the Krome North detention center in Miami. His friends have also started a fundraiser to assist him during his immigration process.
BusinessJorge Torres to Moderate Texas-Mexico Economic Region Panel at Texas A&M Conference
Jorge Torres, president and CEO of Interlink Trade Services, will moderate a panel at the 'Security and Prosperity in North America' conference on September 22, 2026, at Texas A&M University in College Station. His session, titled 'Next Steps: Building a Thriving Texas-Mexico Economic Region,' will feature experts Emilio Cadena and Antonio Ortiz-Mena discussing the future of Texas-Mexico commerce. The conference aims to enhance economic cooperation between the U.S. and Mexico, focusing on supply-chain competitiveness and investment. Torres' experience in international trade makes him a key figure in addressing the challenges and opportunities in cross-border commerce.
BusinessMerit Brings Major South Texas Retail Development Experience
The Shops at 495, a new retail development in Mission, Texas, is set to occupy over 20 acres at the intersection of FM 495 and Conway Avenue. With an investment of approximately $27 million, the project will feature around 100,000 square feet of retail space and is expected to create hundreds of jobs, generating an estimated annual economic impact of $44 million. Merit Commercial Real Estate, known for its strong presence in South Texas, is leading the project. Construction is anticipated to begin this fall, with announcements of national retailers expected during the groundbreaking ceremony.
BusinessGovernor Abbott Rings Closing Bell At Grand Opening Of NYSE Texas HQ
Governor Greg Abbott celebrated the grand opening of NYSE Texas by ringing the Closing Bell at the New York Stock Exchange. Joined by state officials including Senators Bryan Hughes and Tan Parker, and Representatives Angie Chen Button and Morgan Meyer, Abbott highlighted Texas as a leading state for capital markets. He emphasized Texas's strong economy, which ranks eighth globally and leads the U.S. in job creation. NYSE Texas, a fully electronic equities exchange, is now permanently located at the historic Old Parkland campus in Dallas, having commenced operations in 2025.
BusinessWorkforce Solutions Benchmark Report Highlights Key Regional Employment Trends
Workforce Solutions (WFS) has published a report titled "Beyond the Unemployment Rate" that analyzes employment trends in Hidalgo, Starr, and Willacy Counties. The report emphasizes the need to look beyond unemployment figures to understand workforce participation, economic mobility, and the connection between job seekers and local employers. CEO Francisco Almaraz highlighted the importance of collaboration among employers, educational institutions, and community organizations to address workforce challenges and leverage opportunities. The report serves as a resource for leaders and stakeholders aiming to enhance economic opportunities in the Rio Grande Valley. WFS encourages regional partners to engage with the findings.
BusinessWhat Happens to Your Home If You Are Deported? Here Are Your Options
For many immigrant families, buying a home represents a part of the American dream. However, in light of the fear of possible deportation, some homeowners wonder what would happen to that investment if they have to leave the country. The answer depends on each situation, but real estate agents assure that a person outside the United States does not automatically lose the right to own a home. 'Several things can happen, but what we don’t want is for you to lose what you invested,' explained Alex Núñez, a real estate agent. One of the main aspects families must consider is how they will continue to pay the mortgage if the owner has to leave the country. 'This brings up the question of if they are not paying, who will make the payments to prevent the property from being lost?' noted Valentín Díaz, another real estate agent. If payments stop being made, the property could be at risk. Therefore, among the options homeowners might consider are keeping the home, renting it out, or selling it, depending on their circumstances. If the owner is outside the United States, carrying out some of these processes may require authorization for someone else to act on their behalf. 'We need to obtain a letter from them authorizing us to legally represent them,' Díaz explained. This authorization could allow, for example, a representative to manage the sale of the property and ensure the corresponding funds are transferred to the owner. Experts and organizations working with immigrant families recommend not waiting until facing an emergency to organize these documents. One tool that could facilitate these processes is a power of attorney, through which a person can designate a trusted individual to handle specific matters on their behalf. This preparation can include issues related to bank accounts, properties, vehicles, and other financial responsibilities. 'Not having that letter doesn’t mean they will lose their properties. However, it is a longer and more difficult process,' explained Iván Cornejo, president of a volunteer advisory group that protects and promotes the rights of immigrants in Santa Fe, New Mexico. Planning can also extend beyond properties. Organizations working with immigrant families recommend thinking ahead about who could take care of the children in case the parents are detained or deported. 'We hope we never have to use it. However, it’s better to be well-prepared to know what to do,' said Cornejo. Experts emphasize that each immigration and financial situation is different. Therefore, they recommend seeking professional guidance before an emergency to determine what documents and measures may be appropriate in each case.
BusinessTicketopolis Establishes U.S. Headquarters in McAllen
McAllen is celebrating the successful launch of its Soft-Landing Pilot Program with the establishment of Ticketopolis' U.S. headquarters in the city. Founded by Fernando Medellin and Blanca Guerra, Ticketopolis offers a cloud-based, AI-driven platform for event management. The company's journey began in 2024 during a networking event in Monterrey, leading to collaborations with local organizations, including the McAllen Chamber of Commerce. City officials, including City Manager Isaac J. Tawil and Mayor Javier Villalobos, emphasized the importance of such partnerships in attracting international businesses and fostering economic growth in McAllen.
BusinessThe Warren Group Architects Earns 2026 Luna Award for A/E/C Firm of the Year
The Warren Group Architects has been awarded the 2026 Luna Award for A/E/C Firm of the Year, recognizing over 20 years of architectural excellence and community service in the Rio Grande Valley. Founded by Laura Nassri Warren-Ogletree, the firm has focused on quality, integrity, and fostering professional relationships. Warren emphasizes the importance of creating opportunities for women in the architecture, engineering, and construction fields. The firm credits this award to its entire team and community supporters, highlighting their collective journey and commitment to positive impact. U.S. Rep. Monica De La Cruz and others have congratulated Warren on this achievement.
BusinessThe Unluckiest Cities in Texas, According to a Betting House Analysis
A new report from the online casino BetUS reveals the unluckiest cities in the United States, based on factors such as the number of Mega Millions and Powerball winners, the number of casinos in the city, and disaster exposure according to FEMA, among other criteria. While many people in North Texas have won between $1 and $5 million from scratch-off tickets or by matching five numbers in major drawings, no one has claimed the jackpot. As a result, Lubbock, Texas, ranks as the unluckiest city in the U.S., with a luck score of 15.48. The city has never had a Mega Millions or Powerball jackpot winner and lacks casinos within a 25-mile radius, limiting the chances of significant winnings. Additionally, Lubbock has a disaster exposure rate of 140.2 per 100,000 residents, contributing to its low overall score. Garland, Texas, (in the Dallas/Fort Worth metropolitan area) comes in second with a luck score of 15.73. The city has not recorded any lottery jackpot winners and also lacks casinos within a 25-mile radius, along with a relatively high disaster exposure rate. These factors place Garland among the cities with the worst overall luck. Irving, Texas, (also in the Dallas/Fort Worth metropolitan area) ranks third with a luck score of 16.37. The city has not had any Mega Millions or Powerball jackpot winners, lacks casinos within a 25-mile radius, and has a disaster exposure rate of 150.3 per 100,000 residents.
BusinessBusinessman pleads guilty in Paycheck Protection Program fraud case
McALLEN, Texas (ValleyCentral) — A businessman who defrauded a pandemic-era loan program pleaded guilty on Tuesday. Edgar De La Garza, 46, of Brownsville co-owned River Valley Investment Group, a real estate company. During the pandemic, River Valley Investment Group requested a Paycheck Protection Program loan to cover payroll costs. De La Garza worked with another
BusinessGeneral Mills Eliminates Artificial Dyes from All Its Cereals
General Mills announced on Wednesday that it has removed artificial dyes from all its cereals in the United States, including Lucky Charms and Trix. The Minneapolis-based company has switched to using dyes made from fruits and vegetables, as well as colors derived from spices like turmeric and paprika, to give its cereals their usual bright hues. 'This reflects how we are evolving with consumer needs while continuing to offer foods that taste great, provide quality, and deliver value,' stated Bethany Quam, president of cereals at General Mills. The company indicated that 90% of its retail products in the United States no longer contain artificial dyes. General Mills noted that products still containing artificial colors, such as some Betty Crocker cake mixes and Fruit Roll-Ups, will transition to natural dyes by the end of 2027.
BusinessSpaceX plans expansion near Brownsville port through 444-acre acquisition
HARLINGEN, Texas (ValleyCentral) — SpaceX is one step closer to expanding operations near the Port of Brownsville after the Brownsville City Commission approved a first reading of an ordinance disannexing hundreds of acres of land in Cameron County. SpaceX representatives have told the city of Brownsville that the land will not be used for rocket
BusinessFrom Server to Regional Manager, Pablo Ayar’s 24-Year Journey Grows with Lin’s Grand Buffet
Pablo Ayar's journey with Lin’s Grand Buffet began 24 years ago when he applied as a server in McAllen. Now 52, he serves as a regional manager, overseeing the restaurant's growth. Ayar recalls the excitement surrounding the original location and the long lines for affordable meals. His career progressed as he learned various roles, leading to management positions and the opening of multiple locations in Texas and California. With the new McAllen site at 4201 W. Expressway 83, nearly 100 jobs are expected to be created. Ayar emphasizes the importance of treating employees well and providing opportunities for growth.
BusinessDunkin Donuts to Give Away One Million Free Drinks and Launches 5 New Fall Flavors
Dunkin Donuts lovers can stop by for a free espresso drink and multiple fall flavor options starting at 12 p.m. ET on Tuesday. To take advantage of the offer, you must be a Dunkin Rewards member, use the code 'EASYCHOICE,' and you can choose your favorite espresso drink. Those who are not members can still enjoy the five new fall flavors, or as many call it, pumpkin season. As every year, the highly anticipated 'Pumpkin Spice Signature Latte' is available throughout the season.
BusinessMcAllen Builds Business Connections in Monterrey at Café Con Texas
McAllen Mayor Javier Villalobos and city officials attended the 2026 Café Con Texas forum at the World Trade Center Monterrey, focusing on business opportunities in South Texas. The event gathered entrepreneurs and business leaders to discuss market trends and resources for international companies entering the U.S. market. Mayor Villalobos emphasized McAllen's welcoming environment for international businesses, highlighting the city's strong foundation for economic success. The soft-landing pilot program assists foreign businesses in navigating U.S. expansion. Additionally, McAllen signed a Memorandum of Understanding with WTC Monterrey to boost international business development and foster economic growth across the border.
BusinessSan Antonio Secures $200M Industrial Electric Mfg. Facility, Adding Up to 3,000 Jobs
Governor Greg Abbott announced that Industrial Electric Mfg. (IEM) will establish a $200 million advanced manufacturing facility in San Antonio, creating up to 3,000 jobs. A Texas Enterprise Fund grant of $3.36 million will support 448 of these positions. The facility, located at Brooks City Base, will enhance IEM’s manufacturing capacity for power distribution systems and related products. Local officials, including Senator Roland Gutierrez and Bexar County Judge Peter Sakai, emphasized the positive economic impact and job creation this investment will bring to the region, marking it as a significant development for San Antonio's economy.
BusinessDo You Use AI for Financial Advice? Many Do, but Few Trust It, Survey Reveals
Some American adults use artificial intelligence for financial guidance, but this technology is far from being the most trusted source of advice, according to a new Gallup survey conducted in collaboration with Edward Jones, a financial services firm. Approximately 1 in 5 Americans who sought financial advice in the past year turned to AI, the poll found. However, among all American adults, only about 3 in 10 have 'a lot' or 'some' trust in AI's ability to manage money, according to the survey results, with just 3% expressing 'a lot' of trust in it. The survey, conducted in the spring and focused on the opinions of adults over 21, identified a discrepancy between the sources Americans trust for financial advice and those they actually use. About 8 in 10 American adults have at least 'some' trust in financial advisors. Yet, only one-third of adults seeking financial guidance turned to a professional financial advisor, while a much larger proportion—73%—said they relied on their own internet research.
BusinessHarlingen Waterworks proposes utility rate increase to fund $109M in infrastructure
The Harlingen Waterworks System is proposing a utility rate increase that could raise customer bills after a final vote by city commissioners. If approved, the water charge will increase from $9.91 to $12.39, while the minimum wastewater fee will rise from $7.73 to $9.66. General Manager Roy Rodriguez stated that the increase is necessary to fund $109 million in infrastructure projects planned over the next 18 to 24 months, including upgrades to the wastewater plant and major line replacements. The city commissioners are set to vote on this proposal at their next meeting, with new rates potentially starting on October 1, 2026.
BusinessTray Mounce Named Executive Vice President and Houston Regional President
Vantage Bank has appointed Tray Mounce as executive vice president and Houston regional president, enhancing his leadership role in a key Texas market. With 36 years of experience in commercial, industrial, and private banking, Mounce has a strong background in assisting entrepreneurs and family-owned businesses. His focus on understanding client needs has helped strengthen the bank's presence in Houston. In his new position, he will continue to support customers while leading regional operations. Mounce is also active in community organizations that promote youth development and engagement, reflecting his commitment to building long-term relationships in the banking sector.