The Treasury Department said energy drinks firm Red Bull settled a potential civil liability suit for alleged violations of US sanctions against Cuba.» Read More
Delsa Bernardo was ready to pop rolls in the oven at Yiya's Gourmet Cuban Bakery when she heard the news: After years of separation, she could finally visit her 80-year-old aunt in Cuba, any time she wanted.
President Obama's decision to ease US restrictions on Cuba sets a prospect for improving the 47-year-old US trade embargo on the island, potentially allowing American companies to gain access to a market that has been dominated by Europe and Canada.
On Monday President Obama eased the way for U.S. telecommunications firms to do business with Cuba. How does emerging markets trader Tim Seymour suggest playing it?
Thank you, Mr. President, for doing what should have been done long ago, by moving forward to open up diplomatic and trade relations with Cuba.
Cuba is still waiting for its offshore oil rush. It has been four years since U.S. experts said the island may sit atop nearly 10 billion barrels of deep-sea oil, revealing for Cuba an enormous economic Catch-22.
Leading Russian oil companies pledged to help Cubapetroleo with prospecting, production, refining and other aspects of the oil industry under an agreement signed in Moscow on Friday before Cuban President Raul Castro's visit next week, Russian news agencies reported.
Also, the premeire trucking stocks, the best Cuba play and much more.
Trading the commodities bull run, post-Castro Cuba, Hewlett-Packard earnings and big-time after-hours action in Crocs.
Ailing Cuban leader Fidel Castro said on Tuesday that he will not return to lead the country, retiring as head of state 49 years after he seized power in an armed revolution.
The tables have turned. Over the past couple of years I've been to a number of pharmaceutical industry related and drug company events--where the security and paranoia have been noticeably increased over what I referred to as "The Michael Moore Effect". Ever since it became known that the documentary filmmaker was setting his sites on healthcare the companies I cover have been on heightened alert. But, at least for now, I think they can let their guard down.
In our special report, we take a look at the business opportunities awaiting American companies in a post-Castro Cuba.