Yahoo finance API is not available right now, please try again soon...

U.S. companies line up to do business in Cuba

U.S. companies line up to do business in Cuba

U.S. companies line up to do business in Cuba

"Cuba is a very romantic and sexy market right now," said Alana Tummino, director of policy at Council of the Americas, a U.S. business organization that promotes open markets in Latin America and on a recent night cohosted a party for executives … Continue reading at

See recent business announcements for Saginaw County

SAGINAW, MI- The following are recent business announcements for Saginaw County. Visiting Angels Great Lakes Bay received the Best of Home Care Provider of Choice award for the fourth consecutive year from Home Care Pulse. The Provider of Choice award is … Continue reading at

Independent Wrestler Tatevik The Gamer Discusses Recent Appearance On WWE Raw, Says Not Everyone Was Happy About It

the lady grappler discussed a number of topics related to her career in the business including her work in WWE and her heritage. Regarding WWE, Tatevik told hosts Greg DeMarco and Patrick O'Dowd of her enthusiasm regarding a recent backstage segment on … Continue reading at

Business Software

GOP-business split in Georgia is reminiscent of you-know-who

rank-and-file members and the business community is already a gap of Make Georgia Great Again proportions. Like the political crisis -- yes, that's the word for it -- that has engulfed the GOP nationally in recent months, there's plenty of blame to … Continue reading at

Santa Barbara-Area Family Wrapped in Plastic, Duct-Taped in 'Diabolical' Killings; Business Associated Arrested

Investigators have called it a "horrific" crime. The motive remains under investigation, but authorities believe Haobsh was involved in a recent business transaction with the doctor, the release stated. The three could have been killed for financial … Continue reading at

Church Management Software Professional System; Church Facilities, Office, Bookkeeping and Finances Administration Software; Windows Only CD-ROM; Single License (50,000 Members)
Church Manage Professional is the best selling, powerful church administration software which allows you to handle details of over…

>Data Driven
Succeeding with data isn't just a matter of putting Hadoop in your machine room, or hiring some physicists with crazy math skill…

Quicken Willmaker Plus 2014
Helpful information walks you through from beginning to end view larger …

Business Software

'Agents Of S.H.I.E.L.D.' Season 3 SPOILERS: Gideon Malick's Daughter Knows The Family Business

“One Tree Hill” alum Bethany Joy Lenz made her debut as daddy’s little girl in the recent “Agents of S.H.I.E.L.D.” episode, “Parting Shot.” Gideon (Powers Boothe) has not made his business a secret to his daughter, who is eager to meet Hive, the beast that … Continue reading at

These are the books Business Insider readers are most interested in reading right now

Business Insider has affiliate partnerships … Keep scrolling and you’ll find the six books people liked and shopped most from our recent articles; they might just inspire your next paperback or Kindle purchase. Captions are pulled from Amazon. Continue reading at

Miami's Cuban-American business elite spent spring break in Havana

Miami's Cuban-American business elite spent spring break in Havana … The biggest days on Cuba's political calendar in recent memory would have felt somehow incomplete without the robust presence of exiles who wrestled for decades with the pain … Continue reading at

3 Of The Best Accelerators: Different Business Models And Sectors — Sephora, R/GA And SKU

In recent years, there's been a dramatic increase in the number of accelerators. Since they've become such a popular form of innovation, I wanted to investigate a few of the best that operate with different business models and strategies, and in … Continue reading at

Annapolis business gets creative with Peeps

Some love to eat the squishy, colorful marshmallow candy by the dozen during Easter season. Others are avidly guessing the recent mystery flavor Peeps. And some like to use the little birds as characters in a creative diorama. In Annapolis, Physical … Continue reading at

* English/Nat

The United States has defended its move to punish a Canadian company doing business in Cuba Thursday.

Saying the new Helms-Burton legislation is now the law of the land, the U-S State Department says it plans to carry it out faithfully while maximizing pressure on Castro and minimizing the effect on its allies.

The newly ratified legislation seeks to punish firms which invest in property in Cuba that was confiscated from Americans.

At a news conference with the Danish Foreign Minister, Secretary of State Warren Christopher said the U-S is naturally concerned about the reaction to the Helms- Burton law among its allies.

However, he said, the legislation would be carried out faithfully.

SOUNDBITE: (English)
“We’re anxious to minimize the effect on our allies while maximizing it on Castro, but we are carrying out what is the law of the land.”
SUPER CAPTION: Warren Christopher, US Secretary of State

The Clinton administration announced Wednesday that it was taking steps to enforce the new law aimed at punishing firms that invest in property confiscated from Americans by Cuba.

The U-S State Department notified a Canadian mining company, Sherritt International, that nine of its top executives and shareholders would be barred from the U-S.

State Department Spokesman Nicholas Burns defended the implementation of the new law — describing some of the effects of the legislation thus far.

SOUNDBITE: (English)
“We’re not guessing. We have reason to believe that that’s why the decisions were made. We also know that CEMEX, the Mexican cement company, has given up its investment in Cuba. We know that four European companies involved in financing the sugar industry have decided to opt out of that. These are limited given the total number of foreign companies involved, but it is positive to see because it is actually the intent of the Helms-Burton legislation to have this kind of effect – not on investment in Cuba, but on investment in stolen American property in Cuba.
SUPER CAPTION: Nicholas Burns, State Department Spokesman

The Canadian Prime Minister has authorized the preparation of retaliatory measures that would allow Canadians to sue any U-S company that uses the Helms-Burton law to attack their business in Cuba.

SOUNDBITE: (English)
“I think the Canadian people ought to understand if they were in a situation where they had a 36-year battle against one of their neighbors – like we’ve had with Cuba – and where almost 6,000 Canadians who had investments in that country were denied compensation… how would the Canadians feel? Would the Canadians think it was right for Americans to invest in stolen Canadian property. I think that’s a side of the issue that maybe the Canadian public needs to hear and maybe it’s not being presented by the Canadian government.”
SUPER CAPTION: Nicholas Burns, State Department Spokesman

Meantime, in Toronto, opposition to the U-S policy is growing.

A coalition of church, labor and relief groups wants Canadian
tourists to boycott Florida.

The sunshine state is the number-one tourist spot for Canadians. They contribute about one-point-three (b) billion dollars to Florida’s economy.

Canada has led international opposition to the Helms-Burton law,
which is supported by members of Florida’s Cuban-American

The Helms-Burton Law was enacted this year as a reaction to Cuba’s shooting in February of two civilian planes from the Miami-based exile group “Brothers to the Rescue”.

You can license this story through AP Archive:
Find out more about AP Archive:

Business Software

Click here for more information about 'U.S. companies line up to do business in Cuba'.

Tags: , , , ,
Previous Post

Today’s Special: Wait is almost over for opening day

Next Post

2015 Was the Worst Year for S&P 500 Earnings Since the Crisis

%d bloggers like this: