Obama Nominates Pritzker, Froman for Economic Jobs
President Barack Obama has nominated Mike Froman and Penny Pritzker for the last two vacant Cabinet slots on his economic team.
marriott
Ikea and Marriott Team Up on Cheap European Hotels
Last year Ikea announced its intention to open a chain of economy hotels in western Europe; now comes news that the Swedish furniture merchant will be assisted in this venture, called Moxy, by Marriott International.
Wall Street Watch this Week: Harvesting a New Quarter
After nine generally buoyant months, the final quarter of 2012 kicks off this week. Not many companies stepping up to report their results this week, but anyone interested in agriculture will be looking forward to hearing from Mosaic and Monsanto.
Are Online Travel Deal Sites Ripping You Off?
Travel sites like Expedia, Orbitz, Travelocity and Priceline say they offer the best deals -- but are we being played? A new lawsuit alleges they not only don't give us the lowest prices, but actually conspire with hotel chains to fix prices and prevent competitors from offering cheaper rooms.
Week Ahead: Earnings from Dell, Smucker's and More
Dell will highlight a handful of tech company results this week. Also reporting earnings will be food giants Smucker and Campbell Soup, also Marriott and other members of the lodging and hospitality industry, and the first of a long string of results from retailers.
Marriott Earnings Reflect Travel Rebound, But Forecast Disappoints
As travel picks up, Marriott International posted a third-quarter profit of $83 million, up from a loss of $466 million in the year-ago quarter. But shares are down after the company forecast that fourth-quarter earnings might be less than analysts expect.
Week Ahead: Alcoa and others kick of a new earnings season
Alcoa, Marriott and Yum! Brands to kick off the third-quarter earnings season with modest earnings growth, while jobs numbers could be mixed.
Undercover Boss: Choice Hotels' CEO Makes the Beds
Undercover Boss starts its second season with a glimpse under the sheets at Choice Hotels, one of the world's largest hospitality firms. President and CEO Stephen P. Joyce gets to experience tougher side of the hotel business, as he scrubs a pool, makes beds and straightens up a few of the company's estimated 490,000 rooms.
Ritz-Carlton to Offer Reward Program to Attract Travelers
Ritz-Carlton will introduce a loyalty rewards program in response to declining room rates in the luxury hotel industry.
Preview: A New Earnings Season Kicks Off
Second-quarter earnings reports start coming in this week when Alcoa releases its latest results on Monday. This week's other anticipated quarterly reports include those from industry bellwethers Intel, Google and JPMorgan Chase.
Travel Maze: Hungry Nights in Luxury Hotels
If you fly into many major U.S. cities late, don't count on getting room service at your high-end hotel -- or even finding a decent meal nearby: Late-night dining options are frequently off the table, even if you're staying at the best hotel in town.
Tavern on the Green Shutting Down in the Red
After decades as a must-dine spot for tourists and a must-book location for benefits and parties, New York's famous Tavern on the Green will serve its last meal on New Year's Eve.
