• Feb 26, 2025

Factbox-Top buyers of Venezuelan crude oil in the United States

U.S. imports of crude oil from Venezuela averaged 222,000 barrels per day (bpd) in the first 11 months of 2024, according to U.S. Energy Information Administration data, making it the fourth largest crude supplier to the United States. While Venezuela's oil accounted for only 3.5% of total U.S. crude imports in November, it was about 13% of crude oil imported by U.S. Gulf Coast refineries, according to the EIA. About 90% of all crude from Venezuela last year headed to the U.S. Gulf Coast, and the remaining 10% went to the East Coast, the data showed.

  • Feb 26, 2025

Justin Sun, SEC Seek ‘Pause’ in Case Against Crypto Entrepreneur

(Bloomberg) -- Lawyers for Justin Sun and for the US Securities and Exchange Commission are seeking a stay in the regulatory proceedings against the crypto entrepreneur.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut Migrant Center in Former Hotel as Crisis E

  • Feb 26, 2025

Stock Investors in Japan Hunt for Takeover Targets With New Fund

(Bloomberg) -- A fund investing in Japanese companies that are expected to be in the crosshairs of takeover bids will launch on Friday in a reflection of the impact of the country’s corporate governance reforms.Most Read from BloombergThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNew York’s Congestion Pricing Plan Faces Another Legal ShowdownNYC to Shut

  • Feb 26, 2025

Paramount (NASDAQ:PARA) Misses Q4 Sales Targets

Multinational media and entertainment corporation Paramount (NASDAQ:PARA) fell short of the market’s revenue expectations in Q4 CY2024 as sales rose 4.5% year on year to $7.98 billion. Its non-GAAP loss of $0.11 per share was significantly below analysts’ consensus estimates.

  • Feb 26, 2025

HEICO (NYSE:HEI) Reports Strong Q4, Stock Soars

Aerospace and defense company HEICO (NSYE:HEI) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 14.9% year on year to $1.03 billion. Its GAAP profit of $1.20 per share was 26.6% above analysts’ consensus estimates.