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Hotels, Restaurants and Leisure

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  • OTTAWA, June 20- Restaurants operated by McDonald's Corp and others in Canada will face tough restrictions on bringing in temporary foreign workers under reforms announced by the government on Friday to address an outcry over perceived abuses of the system.

  • CAMDEN, N.J., June 20- Atlantic City's bankrupt Revel Casino Hotel has received court approval to borrow $23.9 million that it said would keep the 1,400- room resort operating for the coming month as it scrambles to find a buyer.

  • Oracle slumps, Carmax surges after results. NEW YORK, June 20- U.S. stocks rose on Friday, pushing the Dow and the S&P 500 to record levels and setting the benchmark index up to score its fourth weekly advance over the past five.

  • *Oracle slumps, Carmax surges after results. NEW YORK, June 20- U.S. stocks climbed on Friday, lifting the S&P index to a third straight intraday high and its sixth day of gains, with the benchmark index also poised to notch its fourth weekly advance over the past five.

  • *Oracle slumps in premarket after results. *Carmax surges in premarket after earnings. *Oracle Corp shares were down 6.3 percent to $39.82 before the opening bell after it posted fourth-quarter results that disappointed investors looking for more progress against rivals selling web-based services.

  • June 20- Darden Restaurants Inc reported a much-lower-than-expected quarterly profit as costs soared and sales at its flagship Olive Garden restaurant chain fell.

  • US STOCKS-Futures flat after five-day winning streak Friday, 20 Jun 2014 | 7:50 AM ET

    *Oracle slumps in premarket after results. NEW YORK, June 20- U.S. stock index futures were little changed on Friday, on the heels of a five-day rally in the S&P 500 that sent the benchmark index to its latest record high, putting it on track for its fourth weekly gain in the last five.

  • Rent your home--or your couch Tuesday, 17 Jun 2014 | 2:02 PM ET
    (Left to right) Brian Chesky, Nathan Blecharczyk and Joe Gebbia, co-founders of Airbnb

    Despite opposition, Airbnb's rent-your-home marketplace, with its 'airbed and breakfast' approach, is catching on in the shared economy.

  • June 17- Oracle Corp is in talks to buy Micros Systems Inc, which makes software for retailers and hotel chains, for more than $5 billion, Bloomberg reported citing people familiar with the matter. Oracle declined to comment, while Micros could not be immediately reached for comment.

  • Big restaurant chains dip in customer satisfaction Tuesday, 17 Jun 2014 | 7:36 AM ET
    An employee prepares a sandwich inside a Subway fast food restaurant in Moscow, Russia, on Sunday, April 7.

    Quality is becoming more important than price, according to the American Customer Service Index.

  • Private jet charter to the World Cup—$250K and up Monday, 16 Jun 2014 | 2:39 PM ET

    Competition to secure a private plane for the World Cup is heating up as Brazilian airports fill up.

  • Priceline snaps up OpenTable for about $2.6 billion Friday, 13 Jun 2014 | 10:46 AM ET

    Priceline announces it is buying online reservation site OpenTable for $103 per share, or about $2.6 billion.

  • Wyndham CEO: Consumers booking earlier     Thursday, 12 Jun 2014 | 8:40 AM ET

    Wyndham Worldwide chairman and CEO Stephen Holmes, provides insight to increasing travel across the globe, and healthy booking trends in Europe.

  • Onefinestay won't destroy hotel industry: CEO     Thursday, 12 Jun 2014 | 5:15 AM ET

    Greg Marsh, co-founder and CEO of onefinestay, says the service offers an alternative to luxury city center accommodation and discusses the environment for start-ups in the U.K. and London.

  • New thrill rides raise the stakes in Las Vegas Wednesday, 11 Jun 2014 | 6:59 PM ET
    The newly opened VooDoo zip line at the Rio Las Vegas gives riders a trhill 490 feet off the ground.

    The economy in Sin City continues to move away from gaming since the worst days of the Great Recession.

  • Hipmunk redesigns for younger travelers Wednesday, 11 Jun 2014 | 8:32 AM ET
    Hipmunk app.

    Hipmunk is finding a slightly younger user base by mixing nontraditional results in one place with tried-and-true airlines and hotels.

  • Sinking travel sector pegs back European shares Wednesday, 11 Jun 2014 | 4:14 AM ET

    *Deutsche Lufthansa profit warning sees selling of airlines. EDINBURGH, June 11- European stocks turned negative on Wednesday after a profit warning from German airline Deutsche Lufthansa rocked the travel and leisure sector.

  • June 10- P.F. Chang's China Bistro is investigating claims of a data breach involving credit and debit card data stolen from restaurant locations in the United States, the Asian-themed casual dining restaurant chain said on Tuesday.

  • June 10- PF Chang's is investigating claims of a data breach involving credit and debit card data stolen from restaurant locations in the United States, the Asian-themed casual dining restaurant chain said on Tuesday. We will provide an update as soon as we have additional information, "said Anne Deanovic, a spokeswoman for P.F. Chang's.

  • Coffee prices in Dunkin' Donuts restaurants set to rise Tuesday, 10 Jun 2014 | 12:55 PM ET

    NEW YORK, June 10- Dunkin' Brand Group Inc said on Tuesday it expects "modest increases in coffee prices" at its Dunkin' Donuts restaurants as the company reviews rising commodity costs with its franchises.