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Cuba

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  • WASHINGTON, June 18- The U.S. Senate passed an annual defense policy bill on Thursday that authorizes some $600 billion in defense spending for the 2016 fiscal year and starts reforms that could help curb costs over the long run. The White House has threatened to veto the measure over issues including a Republican-led plan to use $38 billion in special war funds...

  • Normalizing US-Cuba relations Tuesday, 16 Jun 2015 | 7:20 AM ET
    Normalizing US-Cuba relations

    Engage Cuba President James Williams, makes the case for lifting trade and travel bans on Cuba immediately.

  • CARACAS, June 12- Follow the main road, count three traffic lights, and take a left at the third. As with living-room restaurants that flourished in Havana in the 1990 s after the fall of its Soviet benefactor, Caracas is seeing a rise in clandestine dining as inventive restaurateurs seek ways to survive economic crisis, corruption and crime. This is an illegal...

  • A French doctor, venture capitalist and founder of biotech company Abivax, Pouletty is working with Cuba's Center for Genetic Engineering and Biotechnology to develop a therapeutic vaccine to treat chronic Hepatitis B that could be on the Asian market in two years and in Europe after that. Instead, Abivax agreed to buy vaccines at a predetermined price and pay...

  • Sorry, Cuba not ready for developers: Ross Tuesday, 2 Jun 2015 | 8:27 AM ET
    Pedestrians wait for a bus in Havana, Cuba.

    Little will change in Cuba so long as the Castro government remains in power, billionaire developer Stephen Ross says.

  • Cuba not ready for biz? Tuesday, 2 Jun 2015 | 7:47 AM ET
    Cuba not ready for biz?

    Stephen Ross, The Related Companies chairman, shares his thoughts on Cuba's business environment after taking a trip there to explore opportunities. Also Ross provides perspective on the real estate market in New York.

  • Cuba no longer state sponsor of terrorism Friday, 29 May 2015 | 11:17 AM ET
    Cuba no longer state sponsor of terrorism

    The State Department removes Cuba from its terrorism list, reports CNBC's Michelle Caruso-Cabrera.

  • No Cuba deal, talks continue Friday, 22 May 2015 | 3:14 PM ET
    No Cuba deal, talks continue

    U.S. and Cuba failed to reach a deal on re-establishing diplomatic relations and re-opening embassies in each country. CNBC's Michelle Caruso-Cabrera reports and Peter Quinter, attorney at Gray Robinson, offers his perspective.

  • No decision yet on US-Cuba embassies: Diplomat Friday, 22 May 2015 | 12:39 PM ET
    Assistant U.S. Secretary of State for Western Hemisphere Affairs Roberta Jacobson (3rd L) and Josefina Vidal (3rd R), director general of the U.S. division of the Cuban foreign ministry, sit with their delegation at the fourth round of closed talks to re-establish diplomatic relations between the United States and Cuba at the State Department in Washington, May 21, 2015.

    Diplomatic talks between Washington and Havana have "continued to advance," according to Cuba's lead negotiator.

  • Ex-Bush aide: Cuba could be another Singapore if Friday, 22 May 2015 | 8:35 AM ET
    Carlos Gutierrez, former U.S. Secretary of Commerce

    Cuba has the most potential of any country in the world to flourish given the right vision, says Carlos Gutierrez, who was Commerce secretary under George W. Bush.

  • Restoring relations with Cuba Friday, 22 May 2015 | 7:16 AM ET
    Restoring relations with Cuba

    I never expected to get this far, says Carlos Gutierrez, Albright Stonebridge Group, discussing the road ahead in establishing an embassy in Cuba and possible stumbling blocks, including banking issues.

  • Destination Cuba Friday, 22 May 2015 | 6:42 AM ET
    Destination Cuba

    Nathan Lump, Travel + Leisure editor, discusses tourism potential in Cuba, and summer travel deals abroad.

  • MIAMI, May 20- Stonegate, a small Florida bank, has opened an account for the Cuban government, according to a source familiar with the state's banking industry, removing an obstacle in the way of Washington and Havana restoring diplomatic ties after more than 50 years. President Barack Obama said he was seeking to improve diplomatic and commercial relations...

  • This small Florida bank opens Cuban gov't account Wednesday, 20 May 2015 | 12:26 PM ET
    A classic taxi car cruises the streets of Havana, Cuba.

    A small bank in Florida is the first to open a bank account for the Cuban government, CNBC confirms.

  • Stonegate Bank opens bank account for Cuban gov't Wednesday, 20 May 2015 | 11:25 AM ET
    Stonegate Bank opens bank account for Cuban gov't

    A small bank in Florida has opened up a bank account for the Cuban government, reports CNBC's Michelle Caruso-Cabrera.

  • Cuban rum coming to the US Tuesday, 19 May 2015 | 11:00 AM ET
    Cuban rum coming to the US

    Pernod is ready to bring its Cuban rum to the U.S.

  • HAVANA/ PARIS, May 12- French oil company Total on Tuesday denied it had signed an offshore exploration deal with Cuba during President Francois Hollande's visit there. "Total categorically denies it has signed an offshore exploration agreement with Cuba," a spokesman said. A source with knowledge of the matter said Total's marketing and services branch, which...

  • Airbnb makes its move into Cuba Monday, 11 May 2015 | 11:33 AM ET
    Airbnb makes its move into Cuba

    Brian Chesky, CEO & co-founder of Airbnb, discusses fostering the entrepreneurial spirit, and the road to 1.2 million homes on its websites. Airbnb found the company brought $1.15 billion to New York City in 2014.

  • Ferries are coming to Cuba Friday, 8 May 2015 | 4:50 PM ET
    Ferries are coming to Cuba

    The White House is approving ferry services for travel between the U.S. and Cuba. Joe Hinson, Baja Ferries USA, discusses the company's opportunity.

  • HAVANA, May 6- Cuba unveiled new data on Wednesday it said confirmed there were billions of barrels of oil beneath its Gulf of Mexico waters but admitted there was little interest in new exploration even with the thaw in U.S. relations. The United States and Cuba have vowed to restore diplomatic relations after more than 50 years of animosity, but the...