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- How Saks’s acquisition of Neiman Marcus plunged the company into bankruptcy: ‘Recipe for...
Saks used $2.2 billion in junk bonds to buy Neiman Marcus, but didn't have enough money left over to pay vendors, which led the company to declare bankruptcy. ...[TheTopNews] Read More.45 mins ago - Trump Vows to Make Venezuela Rich. It Will Take More Than U.S. Cash.
History suggests that the price of oil and a wider distribution of wealth are as important as foreign investment. ...[TheTopNews] Read More.3 hours ago - Leading Prediction Firms Share a Commonality: Donald Trump Jr.Traders in companies with ties to the president’s eldest son can bet on the outcome of events the president affects. ...[TheTopNews] Read More.3 hours ago
- Trump’s Venezuelan oil move isn’t hypocrisy — it’s genius strategy to crush Chin...
At first glance, it looks like a contradiction — and the left is quick to call it a moral failure. America is swimming in oil, yet President Donald Trump has moved to bring Venezuelan crude into U.S. refineries. If the United States is energy-independent, they ask, why buy oil from Venezuela at all? After years of sanctions and pressure on Caracas, isn’t this hypocrisy? The answer is no. It’s strategy. And it starts with a basic fact too many commentators ignore: America has plenty of oil — just not always the right kind. The shale revolution, powered by fracking, transformed U.S. energy production. It flooded global markets with light, sweet crude and made the United States the world’s leading oil producer. That achievement strengthened national security and broke the old OPEC cartel’s grip.VENEZUELA REOPENS OIL WELLS AND RESUMES CRUDE EXPORTS FOLLOWING TRUMP ADMINISTRATION POLICY CHANGESBut fracking also changed the mix of oil America… ...[TheTopNews] Read More.3 hours ago - Ofwat launches investigation into South East Water as thousands remain without supply
South East Water says some customers in Kent and Sussex may not see supplies return until Friday. ...[TheTopNews] Read More.5 hours ago - UK economy grew by 0.3% in November, beating forecastsThe economy was boosted by a rebound in car production and from the services sector. ...[TheTopNews] Read More.5 hours ago
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