Business

AT&T is planning to build a new corporate headquarters outside downtown Dallas in the suburban city of Plano, the company said in a letter to employees on Monday.CEO John Stankey said in a letter to AT&T employees that the company plans to relocate its headquarters, which has been in Dallas since 2008, to a location near the Legacy West food and shopping district in Plano.The new headquarters will be situated […]

The U.S. military operation to apprehend and remove Venezuelan leader Nicolás Maduro from power could put pressure on Cuba's economy as the communist country reels from the loss of a key economic and security partner.Maduro was captured alongside his wife over the weekend after President Donald Trump ordered the operation to take the couple into custody on charges related to a narcoterrorism conspiracy.The ouster of Maduro threatens to unwind an economic […]

Bed Bath & Beyond on Monday named Executive Chairman Marcus Lemonis as its new chief executive.In a letter to shareholders on Monday, Lemonis, who will continue serving as executive chairman, outlined plans to help the company cut costs and pursue expansion opportunities, including acquisitions. CAN BED BATH & BEYOND PULL OFF A COMEBACK?"I have always felt that home ownership is a bedrock of the American Dream. Whether someone is renting their […]

The toppling of Nicolas Maduro has thrust Venezuela's debt crisis - one of the world's largest unresolved sovereign defaults - into the limelight.Following years of economic crisis and U.S. sanctions that severed the country from international capital markets, Venezuela defaulted in late 2017 after missing payments on international bonds issued by the government and state oil company, Petroleos de Venezuela, known as PDVSA.Since then, accumulated interest and legal claims tied […]

Geopolitical uncertainty combined with the loss of Venezuelan exports could push oil and gasoline prices slightly higher in the weeks ahead, according to an industry expert. Still, prices at the pump would remain at their lowest levels since the COVID-19 pandemic.Andy Lipow, president of Lipow Oil Associates, projected that oil would rise $3 per barrel in the immediate future, equivalent to less than 10 cents per gallon for gasoline. Still, […]

The missing piece of America’s defense system is AI-driven industrial speed — not just weapons, according to one prominent tech executive, but the ability to build them fast enough to matter."There is a historic opportunity for America to underwrite the next decade of our prosperity with AI," Chief Technology Officer of Palantir Shyam Sankar said on "Mornings with Maria" Monday. "The other element of deterrence is really the factory floor. […]

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 Year fish auction.The top bidder for the prized 536-pound tuna was Kiyomura Corp., the Tokyo-based operator of popular sushi restaurant chain Sushi Zanmai. The bid broke Kiyomura's previous record of $2.1 million (333.6 million yen) in 2019.Kiyomura owner Kiyoshi Kimura told reporters that he did […]

Starlink said Sunday it is offering free broadband internet service in Venezuela through Feb. 3, citing efforts to maintain connectivity after U.S. forces arrested President Nicolás Maduro during a military operation.The satellite internet provider announced the move in a post on X that was also shared by company owner Elon Musk, who has increasingly positioned Starlink as a communications lifeline during crises."In support of the people of Venezuela," Elon Musk […]

Following the dramatic capture of Venezuelan President Nicolás Maduro, the U.S. is now positioned to exert significant influence over the future of the world’s largest oil reserves.Venezuela, a country almost twice the size of California, sits atop extraordinary wealth. At more than 300 billion barrels, Venezuela holds larger proven oil reserves than established energy heavyweights like Saudi Arabia, Iran and Kuwait.The Latin American country is home to an estimated 300 billion […]