Latest Business News
Trump Announces US Role in Running Venezuela Post-Maduro Ouster
President Trump stated the US will manage Venezuela to ensure proper governance after capturing Maduro, not shying away from troop deployment. He emphasized rebuilding the oil-based economy with American companies extracting wealth. Celebrations erupted among Venezuelan expatriates in South Florida.
Trump Links Venezuelan Regime Change to Oil Interests
Trump declared the regime change is primarily about oil, claiming 'they stole our oil' and pledging US firms will revive the industry. This follows a year of groundwork including threats of military strikes on drug-related targets.
Airlines canceled flights in the eastern Caribbean after the US raid.
Venezuelans in South Florida Celebrate Maduro's Downfall
Expatriates expressed a mix of excitement and fear after years of waiting for change and freedom in Venezuela. The ouster is seen as a pivotal moment needing intervention.
Trump's address to the nation highlighted the capture.
Barron's Roundtable Predicts Strong 2026 Market Outlook
Panelists forecast 15% earnings growth for S&P 500, potentially marking four straight years of gains despite high valuations at 22 times earnings. S&P and Dow closed up, Nasdaq slightly down, with positive economic sailing ahead.
Estimates for earnings have fallen but stocks remain valuable.
Tesla Falls Behind Chinese Rival Despite Musk's Rebound Promise
Elon Musk predicted a major 2025 rebound for Tesla, but it lagged its biggest Chinese competitor in a stunning reversal. The company once overtook traditional carmakers, boosting Musk's wealth.
This highlights shifting EV market dynamics.
Sprinkles Cupcakes Shuts Down After Private Equity Takeover
Founder mourns the closure of the company started in her kitchen, blaming private equity's involvement. The shutdown marks the end of a beloved brand.
'This isn't how I thought the story would go,' she said.
Trump Prepares Oil Boom in Venezuela with US Companies
Trump plans for American oil firms to rebuild Venezuela's industry post-regime change, extracting tremendous wealth. This aligns with long-term threats of intervention.
The move could reshape global energy markets.
S&P 500 Valued at 22 Times Expected Earnings Amid Optimism
Despite expensive stocks, experts see growth potential with falling earnings estimates yet high worth. Current market at 6.15% is a positive number to cheer.
Investors expect continued upward trajectory.
Passkeys Emerge as Essential Upgrade Beyond Security
Many use the same password across 30 sites; passkeys are a user experience initiative, not just security. Companies should prioritize this shift.
It addresses widespread password vulnerabilities.
US Raid on Venezuela Disrupts Eastern Caribbean Flights
Hundreds of flights canceled across the eastern Caribbean following the US operation against Maduro. This stems from the broader intervention timeline.
Regional travel faces immediate impacts.
Trump's Year-Long Timeline to Venezuela Strike Revealed
Trump laid groundwork for a year, threatening strikes after attacks on boats allegedly carrying drugs from Venezuela. This culminated in Maduro's capture.
The timeline underscores premeditated action.