hilton

Hilton's ego may have taken a bruising blow from its settlement with Starwood, but its finances likely won't, analysts say. As part of the deal, Hilton has agreed to take itself out of the boutique-hotel-style market to settle allegations that it stole trade secrets from Starwood.

Bedbugs are back, and they're worse than ever. While pesticides have kept the pests under control for decades, EPA decisions to ban several classes of chemicals have benefited the bugs. And between lawsuits and pricey eradication, the bloodsuckers are biting Americans in the wallet.

Every company promises a better product -- a better burger, a better search engine, a better hotel room. For these companies, their secret for a superior product is worth millions -- or even billions.

Strapped with more debt than the struggling lodging industry would let Blackstone Group repay, the private equity firm has made a deal with its lenders. The restructuring will likely cut investors' returns, but it means Blackstone won't have to sell assets.

Billionaire hedge fund manager Raj Rajaratnam had vowed to fight the insider trading charges against him with the same vigor he used to amass his fortune. And now his army of seasoned lawyers is swinging back hard against allegations that the founder of the Galleon Group engaged in insider trading...

As federal investigators expand their allegations of insider trading centered on tech hedge-fund giant the Galleon Group, rivals are already looking to take advantage of the firm's desperation. Galleon cofounder Raj Rajaratnam told the firm's employees that he was innocent and would fight all...

By the standards of Bernie Madoff's $60 billion swindle, the latest shenanigans from Wall Street are relatively small potatoes. But a hedge fund manager who Forbes ranked as the 236th richest person in America, worth $1.5 billion, just got charged with insider trading to the tune of $20 million....

With jobs, paychecks, and disposable income evaporating across the country, business is tough all over. However, the last year has been devastating for the hospitality industry, as consumers cutting back on luxuries have been quick to reduce or eliminate their vacation budgets. According to a...

What's keeping hotel chains up at night? Falling room rates, of course. Across North America, revenue per available room fell 19.3 percent in the first six months of the year, as rates and occupancy both tumbled, according to a new report from consultancy Deloitte Touche Tohmatsu. But a hotelier's...

What happened in Iceland isn't pretty. A month ago, it was one of Europe's richest countries: clean, efficient, thoroughly civilized, and living well. Then, suddenly, as international markets caved, it did, too. Life savings were wiped out in a flash, trading on the stock market was suspended to...