Atlantic City is preparing for more than 6,000 jobs lost. Insight on the road ahead for the city, with CNBC's Morgan Brennan.» Read More
Global cruise lines set sail for China China fines 12 Japanese firms in auto price probe Global stocks drift amid wait for US Fed signs US home construction jumps 15.7 percent in July Peanut, almond butter recalled for salmonella risk Prison company pays $8 million in back wages PetSmart to consider selling itself Ballmer steps down from Microsoft board Japan trade deficit widens, exports up slightly Swift, Bieber scents stink up Elizabeth Arden's 4 Q
Global cruise lines set sail for China China fines 12 Japanese firms in auto price probe Asia stocks make slight gains, await Yellen speech US home construction jumps 15.7 percent in July Peanut, almond butter recalled for salmonella risk Prison company pays $8 million in back wages PetSmart to consider selling itself Ballmer steps down from Microsoft board Japan trade deficit widens, exports up slightly Swift, Bieber scents stink up Elizabeth Arden's 4 Q
Global cruise lines set sail for China in pursuit of booming leisure market China fines 12 Japanese auto parts suppliers $202 million in spreading anti-monopoly probe Asian stock markets eke out slight gains after solid Wall Street session US home construction jumps 15.7 percent in July to 1.09 million rate, fastest pace in 8 months Peanut, almond butter from Hain Celestial unit recalled due to salmonella risk Private company pays $8 million in back wages, benefits to staff at California-based prison PetSmart to consider selling itself after pressure from investors, says it plans to cut costs Former CEO Ballmer steps down from Microsoft board as he occupies time with Clippers, teaching Japan trade deficit widens in July, exports up on higher demand for machinery, heavy vehicles Elizabeth Arden blames 4th- quarter loss on Taylor Swift, Justin Bieber fragrances; shares fall
But surging growth in China means it's a market operators can no longer ignore. Carnival Corp., the No. 1 cruise company, will become the first global cruise operator to have four ships based in China when it deploys its Costa Serena to Shanghai in April.
The cruise industry is seeking a bigger slice of the growing Chinese tourist pie, with Beijing putting its heft behind expansion efforts.
CARLSTADT, N.J.— Casinos, hotels, a convention center and a monorail could be on the horizon at New Jersey's Meadowlands. Jim Kirkos, head of the Meadowlands Regional Chamber of Commerce, says the goal isn't to build a new Atlantic City. There has been more talk of allowing casino gambling outside of Atlantic City recently.
Aug 18- A spokesman for the Sultan of Brunei dismissed a report by the Wall Street Journal online that he had made a bid for New York's Plaza Hotel, Dream Hotel and London's Grosvenor House hotel.
Alaska is setting tourism records due in part due to improved air service and cruise access to the Northwest Passage.
Following protests, orcas in San Diego will get a new 10-million gallon killer whale environment, SeaWorld officials said.
Once the tallest and fastest roller coaster in the world, the Colossus at Six Flags Magic Mountain is being retired.
On its centennial, cruisers are still flocking to make the 8–10 hour trip between oceans.
PARIS, Aug 14- French private equity firm Ardian and Chinese conglomerate Fosun International said they would withdraw their offer for resort operator Club Mediterranee, leaving the way clear for a bid by Italian businessman Andrea Bonomi.
CNBC's Josh Lipton reports start-up company Savioke's robot butler "Botlr," is part of a pilot program at Starwood's Aloft Hotels.
CNBC's Josh Lipton demonstrates how to use the very first "Botlr," a robot butler at Starwood Hotels.
CNBC's Josh Lipton introduces the very first "Botlr," a robot butler designed to assist the front desk staff with jobs like sending items to guest rooms.
A metasearch travel website is expanding its audience with an offbeat ad campaign, Skift reports.
Revel's auction had already been postponed one week to allow for more time to review bids, court filings indicated.
A New York hotel was suffering a severe backlash to its posted policy of charging $500 extra if guests posted bad reviews online.
WASHINGTON, Aug 5- Hotel group Marriott is watching the spread of the Ebola virus in Africa but so far it has not hit countries where the group operates, CEO Arne Sorenson said on Tuesday. "The Ebola issue is not a positive one in terms of travel to Africa," Sorenson said in response to a question on the sidelines of the U.S.-Africa Business Forum.
BOSTON, Aug 4- Activist hedge fund Marcato Capital Management said on Monday that it has hired Houlihan Lokey as a financial advisor as it seeks to persuade InterContinental Hotels Group to consider selling itself.