Some of the names on the move ahead of the open.» Read More
When an important social issue intersected with business in Arizona, Corporate America decided it was time to take a stand.
The Arizona governor has until Saturday to act on a bill that would let businesses refuse service to gays and lesbians.
Gov. Jan Brewer is under pressure to veto a bill that would allow businesses to refuse service to gay and lesbians on the basis of religious freedom.
Why should Corporate America support the gay community? It can't afford not to, says Marriott CEO Arne Sorenson.
As lending options returned last year, hotel companies have ramped up construction, including Best Western, which is aiming for a more upscale market.
Discussing economic optimism, and the outlook on U.S. growth, with Marriott CEO Arne Sorenson.
Marriott CEO Arne Sorenson explains why the hotel saw a decline in profits and revenue, and is accelerating its buyback.
*Red Sea resorts quiet but some cancellations coming in. By killing two holidaymakers near one of Egypt's biggest sea-and-sun resorts, the Islamist militants behind the attack have undermined Egyptian official assurances that foreigners face no threat from the turmoil that has shaken the country since the overthrow of autocrat Hosni Mubarak in 2011..
Some of the names on the move ahead of the open.
Check out which companies are making headlines after the bell Wednesday.
After the steep drop in homebuilder sentiment in February, Wednesday's housing starts report could have more impact than usual.
District Judge Jane Boyle in Dallas found that the lawsuit, brought by consumers who claimed they paid inflated prices for their rooms, failed to adequately show that such a conspiracy existed.
The firm, which declined to comment on future plans for cash returns, said refurbishments to hotels in Asia and the Middle East, Paris and New York would put capital expenditure at around $385 million in 2014, ahead of analyst forecasts, with the impact from hotel and room closures reducing operating profit by $9 million.
With more storms coming, traders will be plowing through economic reports for the impact of winter weather on the economy and corporate profits.
Feb 14- Hyatt Hotels Corp recorded a better-than-expected jump in quarterly revenue as growing confidence in the U.S. economy drew more business travelers and tourists to its hotels in the Americas.
This is Talking Squawk, the official "Squawk Box" blog, providing tidbits, insights and sarcastic reflections.
*RevPAR from Asia, excluding China, falls 3 pct. An austerity drive by China's government and slow economic activity in the rest of Asia are weighing on U.S. hoteliers' results.
*RevPAR from Asia, excluding China, falls 3 pct. Feb 13- Starwood Hotels& Resorts Worldwide Inc reported fourth-quarter revenue below Wall Street's expectations, partly due to lower occupancy and room rates in Asia, excluding China.
Customers at 14 hotels in eight states will get free credit monitoring for a year after a data breach.
As some hotel chains are going smoke free, smokers can search 250,000 smoking-allowed rooms on a new booking website.