If the Obama administration’s move to normalize ties with Cuba does lead to an end to the U.S. embargo, it could reignite battles over the U.S. rights to sell two of the island’s most prized exports: cigars and rum.
RadioShack said its head of marketing is leaving the company, the second top level executive departure in the middle of its all-important holiday sales drive, as the electronics chain tries to stave off bankruptcy.
Madison Square Garden, which said in October that it would explore separating its entertainment businesses from its media and sports operations, added Thursday that it would consider breaking up further.
An eight-month inquiry into alleged malfeasance at Brazilian state-oil company Petroleo Brasileiro SA by a special committee in Brazil’s Congress ended Thursday with recommendations that prosecutors indict 52 individuals.
Liberty Media’s CommerceHub is set to announce Thursday it has agreed to acquire e-commerce advisory firm Mercent as it seeks to broaden its clients’ reach online, particularly through Amazon Inc. and Google Inc.