US multinational companies are engaging in what essentially amounts to a political game of chicken, dissolving their overseas holding companies and reshoring ownership of their subsidiaries to dela...
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Airline flights. Phone service. Money transfers. These are among the enticing business opportunities seen ahead for American companies with Monday’s loosening of the U.S. embargo on Cuba. “This is a big deal; it’s a significant change in U.S. policy,” said former Ambassador David A. Gross, the U.S. coordinator for international communications and information policy and a partner at the law firm Wiley Rein. Although the announcement by the Obama administration signaled thawing of relations with the communist nation, questions remain abou ...
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