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USHG CEO: Fine Dining is Our Strongest Segment
Chip Wade, CEO of Union Square Hospitality Group, discusses trends in the fine-dining sector, highlighting increases in foot traffic and customer spending across the company’s restaurants. He speaks with Romaine Bostick and Katie Greifeld on “The Close.” (Sou…
IHG: See Positive Travel Trends in Europe & Middle East
Elie Maalouf, CEO of InterContinental Hotels Group, discusses the company’s strong financial performance in 2025. He tells Romaine Bostick and Katie Greifeld on “The Close” that IHG is well prepared for the World Cup, which adds to the company’s optimism for …
Asia Set for Positive Open After Choppy US Session: Markets Wrap
Asian stocks are set for a positive open in thin holiday trading, while US shares whipsawed as traders struggled to assess the outlook for artificial intelligence.
Ovintiv to Sell Anadarko Oil, Gas Assets for $3 Billion
Ovintiv Inc. agreed to sell its Anadarko oil and natural gas assets to an undisclosed buyer for cash proceeds of $3 billion, according to a statement Tuesday.
BC to Cut 15,000 Jobs But Spending and Debt to Rise Anyway
British Columbia, Canada’s third-most populous province, will chop 15,000 public sector jobs, increase income taxes and delay investments, but its left-leaning government avoided making deep cuts to sprawling spending plans and expects debt to continue rising.
OpenAI, Anthropic Deals Power Abu Dhabi’s $100 Billion AI Bet
Government-backed AI investor MGX has a bullish plan to spend up to $10 billion annually over the next few years.
Western Digital to Raise $3.09 Billion in Sandisk Share Sale
Western Digital Corp. is seeking to raise $3.09 billion from the sale of a stake in Sandisk Corp., after the digital storage company spun off its flash memory unit nearly a full year ago.
BlueScope Mulls New $11 Billion Bid From Steel Dynamics, SGH
Australia’s BlueScope Steel Ltd. will consider a revised all-cash takeover bid from Steel Dynamics Inc. and SGH Ltd. after they raised their offer following an earlier rejection.
Toll Brothers Misses Orders Estimates Amid Slow Housing Market
Toll Brothers Inc. fell short of analysts’ estimates for quarterly orders, signaling that fewer people are signing contracts to build homes as high prices and economic uncertainty hold some buyers back.