ATLANTIC CITY, N.J.— The lawyer for a Florida developer who has offered $90 million for the former Revel Casino Hotel in Atlantic City says multiple offers have been received for it, and an auction will be held Wednesday.» Read More
NEW YORK, Sept 19- Though diet studies disagree about what's worse for you, carbohydrates or fat, most say nice things about eating protein, including its potential for better weight control. In July, Taco Bell started selling high-protein meals, which contain Greek yogurt options and twice the meat as in its traditional burritos and bowls.
Marriott Hotels is betting in the future you will take virtual vacations.
Sept 18- Hyatt Hotels Corp said it will sell as franchises 38 select service hotels to a company organized by Lone Star Funds for about $590 million.
Finding and keeping talent is one of the top issues facing his business, celebrity chef Wolfgang Puck said.
NEW YORK— McDonald's says it's raising its quarterly dividend by 5 percent to 85 cents per share. The world's biggest hamburger chain said the dividend will be payable Dec. 15 to shareholders of record Dec. 1. Shares of McDonald's Corp. edged up 31 cents to $93.79 in after-hours trading.
PORTLAND, Ore.— More than 140,000 Oregon workers will get a pay raise when the minimum wage goes up the first of the year, the state Bureau of Labor and Industries said Wednesday. It will affect 141,822 people, roughly 8 percent of Oregon's workforce. The increase means Oregon will have the nation's second-highest minimum wage behind Washington.
Royal Caribbean is introducing a robot bartender, but the experience just isn't the same, says Issac from 'The Love Boat.' NBC News reports.
EDINBURGH, Sept 18- Scotland's independence vote is too close to call, but the owners of hotels, pubs and restaurants are already jubilant as thousands of journalists and tourists descended on the ancient streets of Edinburgh.
NEW YORK— Inland American Real Estate Trust Inc., which is in the process of spinning off its hotel business, said Thursday that is selling 52 of its hotels to a joint venture for about $1.1 billion. The buyers are real estate investment trusts NorthStar Realty Finance Corp. and Chatham Lodging Trust.
Sept 17- Two Republican lawmakers on Wednesday asked a U.S. labor agency for more information about a recent finding that fast-food chain McDonald's Corp could be held liable for the labor practices of franchisees, a view that has alarmed many businesses.
NEW YORK— Pizza Hut is testing out a lighter pizza in two U.S. markets as it seeks to freshen up its menu and regain its footing against competitors. The pies simply use less of the same dough used for regular pies and are lighter on the toppings, said Doug Terfehr, a Pizza Hut spokesman. The test by Pizza Hut comes as the chain fights to win back market share.
LONDON, Sept 17- Shares in Russian oil-to-telecoms conglomerate Sistema tumbled on Wednesday after its head Vladimir Yevtushenkov was accused by Russian investigators of money-laundering in connection with the company's acquisition of oil producer Bashneft.
The restaurateur who publicly blasted LeSean McCoy for leaving a 20-cent tip told CNBC he won't apologize for starting the controversy.
The travel industry has taken a deep dive into the debate of whether new jobs created since the recession are worse than the old jobs.
TORONTO, Sept 16- McDonald's Corp is making its McCafe ground coffee available in Canadian grocery stores this month, the fast-food giant said on Tuesday, part of its broader campaign to win market share in a country long dominated by rivals like Tim Hortons Inc and Starbucks Corp..
Here are the names that Pimco's Mark Kiesel believes are the best investment opportunities right now.
CAMDEN, N.J.— A bankruptcy court judge on Monday approved a Sept. 24 auction for the failed $2.4 billion Revel Casino Hotel in Atlantic City after a Florida developer offered $90 million cash for the closed building. Judge Gloria M. Burns approved the auction date along with a $3 million breakup fee that Straub would be paid if the sale to him doesn't go through.
Sept 15- The bankrupt Revel casino hotel in Atlantic City will go to auction on Sept. 24, a judge ruled on Monday, after the only bidder clashed with creditors who wanted to slow the rushed sale.
CAIRO— Egypt plans to increase the number of security cameras at hotels and popular tourist destinations as part of a series of new security measures aimed at buoying the flagging tourism sector following three years of political turmoil, the country's tourism minister said.
TORONTO, Sept 15- Canadian coffee and doughnut chain Tim Hortons Inc on Monday reported strong same-store sales growth in both the United States and Canada for the third quarter to date.