Barry Sternlicht, Starwood Capital CEO weighs in on the deal between Starwood Hotels and Marriott, and Anbang's offer to bid higher. » Read More
Just how strong is the U.S. economy right now? Good question. Tough answer. We picked four specific segments of the consumer economy and are taking a look inside the stocks to find some answers. Hotels. Restaurants. Theme parks. Appliances.
Take a look at some of Friday morning's early movers:
Arne Sorenson, the incoming chief executive of Marriott International, told CNBC he feels "worlds better than we did a quarter ago" about the U.S. economy.
Take a look at some of Thursday morning's early movers:
American companies adding outsourcing and back office operations in Hyderabad, Bangalore, and Mumbai, are resulting in a boon for high-end hotel brands seeking to build properties in India. The New York Times reports.
Since the beginning of 2012, the NASDAQ Composite has risen about 8 percent, followed by the S&P 500 and Dow, up 5 and 4.7 percent, respectively.
Private equity might be dirty words on the presidential campaign trail, but Blackstone buying Hilton "was the best thing to ever happen to us," CEO Christopher Nesseta told CNBC Thursday.
Take a look at some of Wednesday morning's early movers.
The "buy American stocks" trade is gaining backers by the day as US economic indicators continue to show improvement and investors become less-focused on Europe.
IKEA is going into the business of selling walls, floors and roofs, in addition to furniture, housewares and rugs. The international home-goods retail monolith recently announced plans to build an entire neighborhood in Stratford, East London.
US stock index futures pointed to a lower open on Wall Street on Wednesday as the dollar rose to an 11-month high against the euro with investors speculating that more euro zone countries may be downgraded in the near term, given that a quick solution to the region's debt crisis remains elusive.
Marriott International completed the spinoff of its timeshare division as it focuses on its lodging management and franchise business.
The details behind the spin-off of Marriott's timeshare business, with Arne Sorenson, Marriott International president/COO.
With Iraq continuing to recover after years of war, American firms are increasingly looking to tap the country’s vast business potential.
Western companies choosing a brand name in China now rely on consultants and linguistic analyses to ensure that consumers are attracted rather than amused or even repelled. The NYT reports.
Fresh news about the U.S. consumer and spending are expected Friday, as anxiety again builds about the health of Europe's banks.
Earnings from J.P. Morgan and Google bookend the trading day Thursday, as traders shift their focus back to the health of the global economy.
Markets have been hanging on every development in Europe's sovereign debt crisis, but now traders are looking to U.S. company forecasts to see how much a weakening Europe might affect corporate profits and the U.S. economy.
There's a wider than usual divide on Wall Street over whether this quarter's earnings releases will be a boom or bust for stocks.
After the market logged its worst quarter since the financial crisis in 2008, traders are bracing for a big week in Europe, Bernanke's testimony and what is expected to be a weak jobs report.