Olsen Cruise Lines ship docked at Norfolk, Virginia, U.S. health officials and the company said on Friday. The norovirus outbreak took place aboard the Britain- based line's Balmoral during a transatlantic cruise, the Centers for Disease Control and Prevention said in a statement. Most of the passengers were from Britain, it said. » Read More
China's Anbang raised its bid for Starwood. But the country's M&A binge is beginning to disappoint, says NYU Stern's Rob Salomon. Here's why.
The "Squawk on the Street" crew discuss the bidding war between Marriott and China's Anbang to buy Starwood Hotels.
Stocks in the tourism sector fell as a result of the terror attacks in Brussels, but the decline will only be short term, say experts.
Marriott wins over Starwood with revised buyout bid of $13.6 billion to create global hotel giant.
Discussing hospitality business opportunities in Cuba with Tilman Fertitta, Chairman & CEO of Landry's Restaurants and star of "Billion Dollar Buyer."
Arne Sorenson, CEO & President of Marriott International, talks with CNBC's Michelle Caruso-Cabrera in Cuba about doing business in the country now that both Marriott and Starwood have gotten U.S. government approval to operate in Cuba.
Arne Sorenson, CEO & President of Marriott International, talks with CNBC's Michelle Caruso-Cabrera in Cuba about his company's bid for Starwood Hotels.
Starwood Hotels & Resorts became the first U.S. hotel company to sign a deal with Cuba since the 1959 revolution.
HAVANA, March 19- Starwood Hotels& Resorts Worldwide on Saturday became the first U.S. hotel company to sign a deal with Cuba since the 1959 revolution, announcing a multimillion-dollar investment a day before U.S. Such deals would normally be prohibited under the U.S. economic embargo of Cuba, but Starwood received special permission from the U.S. Treasury...
The Anbang deal with Starwood is all cash but Starwood has yet to sign because it needs to give Marriott five days to respond to the offer, reports CNBC's David Faber.
March 16- Chipotle Mexican Grill Inc could give away roughly 9 million burritos as it fights to win back customers following several food safety mishaps that have dented its sales. Based on a burrito cost of $7.10, the average price of burritos offered at the chain in Los Angeles restaurants, the value of those two giveaways would total more than $62 million.
WASHINGTON, March 15- China's Anbang Insurance Group, which is looking to buy U.S. hotel operator Starwood, has won approval from a U.S. national security panel to buy U.S. annuities and life insurer Fidelity& Guaranty Life, Fidelity said on Tuesday. The U.S. insurer said in a filing with the U.S. Securities and Exchange Commission that the U.S. Committee on Foreign...
WASHINGTON, March 15- China's Anbang Insurance Group, which is looking to buy U.S. hotel operator Starwood, has won approval from a U.S. national security panel to buy U.S. annuities and life insurer Fidelity& Guaranty Life. Fidelity& Guaranty Life said in a government filing on Tuesday that the U.S. Committee on Foreign Investment in the United States, or CFIUS, had...
March 15- China's Zoomlion Heavy Industry Science& Technology Co Ltd has raised its bid for U.S. crane maker Terex Corp, according to people familiar with the matter, as it challenges Terex's merger with Finland's Konecranes. Zoomlion's latest move shows corporate China's determination to acquire U.S. assets and expand its global footprint.
The "Worldwide Exchange" crew discusses the morning's top attention-grabbing headlines, including a story in the Washington Post about Dana Milbank's day with Donald Trump supporters, and an article by Andrew Ross Sorkin on China's U.S. hotels buying spree.
CNBC's Landon Dowdy takes a look back on the iconic New York City hotel's long history.
Starwood, already in a deal with Marriott, receives a takeover bid by a group of investors, led by China's Anbang Insurance.
CNBC's Jim Cramer talks about China's Anbang Insurance takeover bid for Starwood Hotel.
Patrick Scholes, SunTrust Equity Research, discusses Starwood Hotel's unsolicited takeover bid by China's Anbang Insurance Group.
Blackstone Group has agreed to sell Strategic Hotels & Resorts Inc. to a Chinese firm for $6.5 billion.