Hundreds of billions of dollars are needed to rebuild the oil and economic infrastructure of Venezuela, destroyed by years of communism. For now, at least, investors are betting it will happen.

Bankers have argued that Pot Inc.’s far-bigger prospective business – recreational use that would include the smoking of joints and ingesting high-inducing gummies – wasn’t specifically.

Warner Bros. Discovery rejected the latest takeover bid from Paramount Skydance — the latter’s seventh straight overture — citing uncertainties around the debt financing tied to the offer as WBD continued to tout its merger deal with Netflix. In a Wednesday statement, the owner of Warner Bros., HBO and CNN claimed that Paramount Skydance —...