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Browsing: Business

Business

Marcus Lemonis named Bed Bath & Beyond CEO, details future plans for retailer

Bed Bath & Beyond on Monday named Executive Chairman Marcus Lemonis as its new chief executive.In a letter to shareholders on Monday, Lemonis, who...

Business

Venezuela's billions in distressed debt: Who is in line to collect?

The toppling of Nicolas Maduro has thrust Venezuela's debt crisis - one of the world's largest unresolved sovereign defaults - into the limelight.Foll...

Business

Oil experts predict slight rise in gas prices as global tensions mount

Geopolitical uncertainty combined with the loss of Venezuelan exports could push oil and gasoline prices slightly higher in the weeks ahead, according...

Business

America needs AI manufacturing speed to prevent global conflict and outpace adversaries, Palantir CTO says

The missing piece of America’s defense system is AI-driven industrial speed — not just weapons, according to one prominent tech executive, but the abi...

Business

Sushi chain owner pays $3.2M for massive bluefin tuna

A Japanese sushi chain shattered records Monday by paying a staggering $3.24 million (510 million yen) for a single bluefin tuna at Tokyo’s famed New...

Business

Starlink provides free internet to Venezuela following US arrest of Nicolás Maduro

Starlink said Sunday it is offering free broadband internet service in Venezuela through Feb. 3, citing efforts to maintain connectivity after U.S. fo...

Business

US now in control of Venezuela's oil reserves, the largest in the world: Chart

Following the dramatic capture of Venezuelan President Nicolás Maduro, the U.S. is now positioned to exert significant influence over the future of th...

Business

After Maduro, Venezuela faces hard choices to rebuild its shattered economy

Over the weekend, U.S. special forces executed a daring raid on Caracas, capturing the now-former dictator of the country, Nicolás Maduro, and his wif...

Business

US oil giants mum after Trump says they’ll spend billions in Venezuela

American energy firms have yet to say whether they plan to return to Venezuela to resurrect an oil industry hollowed out by years of neglect.Chevron,...

Business

'We built Venezuela’s oil industry:' Trump vows US energy return after Maduro's capture

President Donald Trump pledged a U.S. return to Venezuela’s oil industry following the stunning predawn capture of Venezuelan President Nicolás Maduro...

Business

'We built Venezuela’s oil industry:' Trump vows US energy return after Maduro capture

President Donald Trump pledged a U.S. return to Venezuela’s oil industry following the stunning predawn capture of Venezuelan President Nicolás Maduro...

Business

How Italy’s PM Meloni sparked an economic turnaround

When Italy’s Giorgia Meloni took the job of prime minister in 2022, the country wasn’t in good shape. But since then, the economy has bounced back in...