New Cuban Diplomacy a Potential Boon for US Companies - East Idaho News
News

New Cuban Diplomacy a Potential Boon for US Companies

  Published at  | Updated at

GETTY 121814 CubaUSFlag?  SQUARESPACE CACHEVERSION=1418925704836iStock/Thinkstock(NEW YORK) — President Obama’s decision to pursue normal relations with Cuba has many U.S. companies scrambling to consider opportunities in a brand new market that has been off limits for more than 50 years.

Banks, airlines, cruise lines, hotel operators and telecom firms are among the many that could benefit.

“U.S. companies from General Motors, to agribusiness giant Cargill to furniture retailer Ethan Allen Interiors applauded the White House move,” reports The Wall Street Journal.


Copyright 2014 ABC News Radio

SUBMIT A CORRECTION