CNBC's Kate Kelly and Melissa Lee discuss presentations at the Sohn Conference Wednesday. Muddy Waters is short Bank of the Ozarks; David Rosen is long Kraton Performance Polymers; and John Khoury is long Hyatt Hotels. » Read More
The renowned buy and hold investor stressed buying and selling on news is not good strategy. "Everyone thinks they are advantaged by trading on news. They are not."
The demise of room service may be exaggerated. Hungry travelers still have plenty of options for in-room eating, including hotel grab-and-go items and free local restaurant delivery.
Road warriors loyal to Hyatt can soon earn and redeem rewards at 12 MGM Resorts in Las Vegas, as the companies enter a reciprocal relationship.
As airlines ramp up fees for checked and carry-on bags, more hotels are offering items to borrow, rent or take for free. That lets travelers pack light, but still have everything.
Enjoying breakfast in bed or a late-night snack at New York's largest hotel will soon require that you first trek to the lobby for grab and go items.
Reactions to reports of excessive conference spending by the IRS are likely to be overblown, said Hyatt Hotels' president and CEO.
President Obama chooses longtime fundraiser Penny Pritzker as Commerce secretary and adviser Michael Froman as U.S. Trade Representative.
Take a look at some of Wednesday's midday movers:
Record quarterly earnings. That's right. Record. First-quarter earnings for the S&P 500 currently stand at $26.44, according to S&P Capital IQ, the highest ever for a single quarter.
U.S. stock index futures were flat ahead of the outcome of the Federal Reserve's two-day meeting and after the S&P 500 set a fresh all-time high in the previous session.
Stocks exit April on a new high, and with the promise of continuing easy money policies, investors could be tempted to rethink the "sell in May and go away" strategy of recent years.
The Fed is expected to repeat its dovish message in the coming week, which could provide a safety net for the market amid a big wave of earnings and the April jobs report.
Transportation in and around Boston was on lockdown Friday amid the marathon bombing manhunt. Train and bus services were halted, while Logan remained open under heightened security.
From handpicked flowers to three brands of shampoo, hotels are offering choices to guests who shy away from cookie-cutter travel experiences.
From flowers of your choice to memory foam mattress toppers, more hotels including Hyatt are personalizing rooms to meet travelers' demands. Need a yoga mat? No problem.
The 287-room Lemon Tree Premier hotel at Delhi's Indira Gandhi International Airport features a dramatic view of planes landing and taking off, but it has no guests to see them.
Starwood's CEO sat down with CNBC to discuss their loyalty program, as the industry makes changes.
While the broad market inches higher this week, a handful of names are strapping on cement shoes and investors should pay attention to these underperformers. TheStreet.com reports on toxic stocks.
With the recent surge in major mergers and acquisitions, CNBC's Jim Cramer said Thursday that "this is the year of the deal."
U.S. stock index futures held their gains Wednesday following a pair of economic reports, a day after the Dow and S&P 500 closed at multi-year highs.