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Mark Cuban: Elon Musk needs to know the short-sellers ‘are his friends’

“As for what advice he would offer, Cuban said he would tell Musk the short-sellers “are his friends.”” writes Allan Smith for businessinsider.com. The company is under scrutiny from the Securities and Exchange Commission, which is reportedly investigating Musk’s tweet about taking the company private. Source: businessinsider.com Share This:

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Reforms loom — but not capitalism: Cuban Leader…

“Cuban President Miguel Diaz-Canel, in navy jacket, seen with Venezuelan President Nicolas Maduro, says Cuba’s looming recognition of a market economy does not mean capitalism is welcome (AFP Photo/YAMIL LAGE) Havana (AFP) – Cuban President Miguel Diaz-Canel on Tuesday said that while reforms loom in the Communist country, they would not be an embrace of capitalism” reports yahoo.com. Cuba is set to adopt constitutional reforms that will recognize private property and the market economy, to update its legal system.Cuba had hoped that a diplomatic opening to the United States, agreed…

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Cuban reforms stress free market, private property and investment…

“The island’s small but vital private sector now employs some 13 percent of the Cuban workforce” reports yahoo.com. Raul Castro opened Cuba up to a small private sector, but he also made it clear in 2016 that “the concentration of property will not be allowed.”. Cuba will resume authorizing people to work in the private sector — such authorizations had been virtually suspended — but they will be under greater controls, mainly affecting restaurants, taxis, the construction sector and room rentals. Source: yahoo.com Share This:

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Mark Cuban explains the steps any parent should take when their child has an idea for a business — whether you think it’s good or not

“Cuban said that parents can guide their children to success in the business world by helping them set goals and by drafting an action plan for their business idea” writes Mark Abadi for businessinsider.com. “Parents can support their children’s business plans in a couple of ways, the first being coming up with an action plan that the parent and child can both fill out,” Cuban told Business Insider in an email.Cuban said that by setting realistic goals with your child and encouraging their ideas, you can teach them good business…

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Cuban Olympic boxing champ abandons team in Mexico

“HAVANA (Reuters) – Olympic boxing two-time gold medalist Robeisy Ramirez abandoned Cuba’s national team during a training camp in Mexico, the Cuban Sports Institute said on Thursday, the second major defection to hit the Communist-run country’s boxing squad this year” writes Midwest Communications Inc for 95kqds.com. In March, double world champion in the flyweight category Joahnys Argilagos, 21, abandoned the team during a tournament in Mexico.With a population of 11 million people, Cuba has won 220 Olympic medals, including 77 gold – more than any other country in Latin America…

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Cuba releases details of mysterious health incident involving U.S. official

“Cuba said in a statement released by its Foreign Ministry that U.S. officials reported on May 29 that a female embassy official had reported experiencing “health symptoms” after hearing the sounds in her home two days earlier” writes Michael Weissenstein for sun-sentinel.com. Cuba released details Sunday on the latest mysterious health incident involving a U.S. diplomat in the country, saying that Cuban officials learned of the episode late last month when the U.S. said that an embassy official felt ill after hearing “undefined sounds” in her home in Havana. Source: sun-sentinel.com…

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Cuba plane crash death toll rises to 111 as one of three initial survivors dies

“The death toll in one of Cuba’s worst air disasters rose to 111 on Monday while Mexico suspended the operations of the Mexican company that had leased the 39-year old Boeing 737 to Cuba’s flagship airline” writes Tim Stanley for telegraph.co.uk. The airliner crashed shortly after takeoff on a domestic flight from Havana to the eastern city of Holguin on Friday in one of Cuba’s worst air disasters. Source: telegraph.co.uk Share This:

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Cuba in mourning after worst plane crash in nearly 30 years

“The crash was the worst since a Soviet-made Ilyushin-62M passenger plane crashed near Havana in 1989 killing all 126 people on board” writes Midwest Communications Inc for 95kqds.com. Three women survived the crash, the worst in Cuba in nearly 30 years, but they were in a critical condition, suffering burns and other trauma, the director of the hospital in Havana where they were being treated said on Saturday.The crash is the first big test of his presidency after taking over office from Raul Castro just last month. Source: 95kqds.com Share This:

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Mark Cuban isn’t ready to invest in Apple: ‘I would rather have a lot of cash when things go bad’

“I would rather have a lot of cash on hand for that time when things go bad,” Cuban added” writes Chloe Aiello for cnbc.com. Billionaire investor Mark Cuban thinks Apple will probably make it to a market cap of $1 trillion — but that doesn’t mean he’s investing now.He cited growth in the service business, watch business, applications and market cap as indicators of its prowess. Source: cnbc.com Share This:

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