PHILADELPHIA— Facing hotel bills running into the thousands of dollars, some delegates to the Democratic National Convention are planning to do like college students on spring break and squeeze as many people into a room as they can. Nicole Lutkemuller, a Bernie Sanders delegate from Tahoma, California, said her two-bed room at the Marriott Hotel Philadelphia... » Read More
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.
CNBC's Tyler Mathisen talks about the Tampa culinary scene with David Laxer, President & Owner of Bern's Steak House and the Epicurean Hotel, and Chad Johnson, Executive Chef of Haven, the Epicurean Hotel, and Elevage.
March 10- Yum Brands Inc owned Taco Bell upped the ante in the breakfast wars, launching a nationwide $1 breakfast menu in a bid to compete with other fast-food chains that are cashing in on the trend. Taco Bell is the latest fast-food chain to jump on the wagon of offering breakfast items, encouraged by a shift in eating habits away from traditional cereals and a...
*Bookings down for Tunisia, Turkey, Egypt. *Beneficiaries include Spain, Italy, N.America, Caribbean. Attacks in tourist hotspots like a Tunisian beach resort and the city of Paris over the past year have rattled travelers' confidence, sending bookings for Tunisia, Turkey and Egypt plummeting and heralding a slowdown in demand for international travel.
Chipotle Mexican Grill received praise for its handling of potential norovirus infections at a Boston-area restaurant.
The premium burger chain is likely to exceed its "prudent" forecast for slower growth in openings of company-operated restaurants in the United States as well as same-restaurant sales, Barclays analyst Jeffrey Bernstein wrote in a note. The sandwiches, which sell for $6.29 compared with $5.29 for the ShackBurger, have been a hit. Shake Shack maintained its 2016...
Alain St. Ange, minister of tourism for the Seychelles, says the islands are dependent on tourism and talks about pitfalls to avoid.
The sportscaster won against a stalker and the owner of a hotel where he recorded secret nude videos of her. NBC News reports.
With a slowing global economy and a strong dollar weighing on U.S. exports and manufacturing, the services sector "is going to be the driver, not only of jobs and growth for the next year or so, but also for inflation," San Francisco Fed President John Williams said after a speech earlier this week in San Ramon, an affluent city in northern California.
March 3- Walt Disney Co said it signed an agreement to build two cruise ships for its Disney Cruise Line business. The company, which signed the agreement with the Meyer Werft shipyard in Germany, said on Thursday the ships are expected to be completed in 2021 and 2023.. Disney Cruise Line, which comes under the company's parks and resorts business, was launched in...
NEW YORK, Feb 29- A New York appeals court on Monday temporarily stopped New York City from enforcing a new rule requiring chain restaurants to post warnings on menu items high in sodium, according to a lawyer for a restaurant group challenging the regulation. A judge in the Appellate Division, First Department, granted an interim stay of enforcement of the rule, S....
NEW YORK, Feb 29- A New York appeals court on Monday temporarily stopped the city from enforcing a new rule requiring chain restaurants to post warnings on menu items high in sodium, according to a lawyer for a restaurant group challenging the regulation. A judge in the Appellate Division, First Department, granted an interim stay of enforcement of the law, S....
APPEALS COURT TEMPORARILY HALTS ENFORCEMENT OF NEW YORK CITY SALT WARNING LAW-- RESTAURANT GROUP LAWYER.