5 Things To Know: March 11, 2026

Why It Matters

These developments signal strategic realignments across energy, entertainment, technology, and travel sectors, influencing investor sentiment and policy direction globally.

Key Takeaways

• Chevron and Shell eye first major Venezuela production deals since 2024
• Disney appoints Thomas Mazloom to lead Parks, Experiences, Products division
• Senate aides cleared to use Gemini, ChatGPT, and Copilot for work
• Trump administration reopens Global Entry, expediting U.S. travelers after shutdown
• PayPay IPO likely priced at $17, near low end of range

Summary

The video provides a quick briefing of five notable business developments on March 11, 2026, ranging from energy sector deals in Venezuela to leadership changes at Disney, AI adoption in the Senate, the revival of Global Entry, and SoftBank’s PayPay IPO pricing.

Chevron and Shell are reportedly close to sealing their first sizable production agreements with Venezuela since the United States’ diplomatic pressure on President Nicolás Maduro earlier this year. Disney announced that Thomas Mazloom will succeed Josh D’Amaro as chair of its Parks, Experiences and Products division, positioning him to oversee theme parks, cruise ships, resorts, and consumer products while D’Amaro prepares to assume the CEO role. Meanwhile, Senate staff have received clearance to employ three leading AI chatbots—Google’s Gemini, OpenAI’s ChatGPT, and Microsoft’s Copilot—for official tasks, signaling a broader governmental embrace of generative AI.

The Trump administration’s decision to restart the Global Entry program, paused during the recent partial government shutdown, restores expedited customs processing for U.S. citizens returning from abroad. In the financial markets, SoftBank’s Japanese payment platform PayPay is expected to price its initial public offering near the low end of the $17‑$20 range, reflecting cautious investor sentiment amid volatile fintech valuations.

Collectively, these moves illustrate shifting dynamics: energy firms re‑engaging with geopolitically sensitive markets, major corporations reshuffling leadership to drive growth, federal agencies integrating AI tools, and travel facilitation policies adapting post‑shutdown. The PayPay pricing hints at a tempered appetite for fintech IPOs, while the Global Entry restart underscores the administration’s focus on easing cross‑border mobility.

Original Description

CNBC’s Becky Quick reports on the 5 things to know on March 11, 2026.