Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. 2026-01-06 05:00:27
President Donald Trump says American Big Oil “want to go in so badly” into Venezuela and spend billions of dollars, but the reality is U.S. oil producers are hesitant, and it will take many years and many tens of billions of dollars to rebuild Venezuela’s decimated oil sector after the U.S forcibly removed and arrested … Read more
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. 2026-01-06 05:00:27
In September 2018, the CEO of what was then Michael Kors Holdings delivered thrilling news to investors. The company had agreed to acquire the storied Italian fashion house Versace from private equity giant Blackstone in a $2.1 billion blockbuster deal. The purchase created a multi-brand luxury powerhouse made up of Michael Kors jet-set lifestyle apparel … Read more
Nvidia dropped a surprise announcement on Christmas Eve: a $20 billion deal to license AI chip startup Groq’s technology and bring over most of its team, including cofounder and CEO Jonathan Ross. It was a move that hinted Nvidia is no longer assuming its GPUs will be the only chips useful for the next big … Read more
The U.S. took the unprecedented step Monday of dropping the number of vaccines it recommends for every child — cutting protection against a half-dozen diseases in a move slammed by the nation’s pediatricians. The overhaul is effective immediately, meaning that the Centers for Disease Control and Prevention will now recommend vaccines against 11 diseases. What’s … Read more
92-year-old judge cuts Maduro’s protestations of innocence short: ‘There will be time and place to go through all of this’ | Fortune 3 days ago 8 hours ago 2 days ago 12 hours ago 8 hours ago 1 day ago 4 hours ago 4 hours ago 6 hours ago 6 hours ago 6 hours ago … Read more
Danish Prime Minister Mette Frederiksen said Monday an American takeover of Greenland would amount to the end of the NATO military alliance. Her comments came in response to U.S. President Donald Trump’s renewed call for the strategic, mineral-rich Arctic island to come under U.S. control in the aftermath of the weekend military operation in Venezuela. The dead-of-night … Read more
President Donald Trump suggested the US may subsidize efforts by energy companies to rebuild Venezuela’s oil industry as his administration seeks to convince firms to invest in the country days after ousting strongman Nicolás Maduro. Trump said the project to have US oil industry companies expand their operations in the country could be “up and … Read more
President Donald Trump’s plans to restore Venezuela’s beleaguered oil industry faces a series of challenges that will cost U.S. oil companies many billions of dollars to overcome. Over the weekend, U.S. forces arrested Venezuelan President Nicolas Maduro on drug trafficking charges, with Trump claiming the U.S. would “run” the country and take over the country’s … Read more