The $65 Million Perk for CEOs: Personal Use of the Corporate Jet Has Soared
One of the flashiest executive perks has roared back since the onset of the pandemic: free personal travel on the...
Hotels/Motels
Las Vegas Strip Workers Reach Tentative Labor Deal with Caesars
Unions representing Las Vegas Strip workers struck a tentative deal with Caesars Entertainment, one of three casino companies working to...
Facebook, Hotels, Even New Jersey? How People Are Coping With New York City’s Airbnb Crackdown.
As thousands of short-term listings leave the site, visitors are hunting for accommodations in new and old places. Some are...
Clorox Warns of Product Shortages Following Cyberattack
The bleach and cleaning-wipe maker said that it believes the cyberattack is now contained but that it will cause a...
Macau Reclaims Crown From Vegas as World’s Top Gambling Hub
Fortunes of MGM, Sands and Wynn are rising after they bled cash during years of pandemic border restrictions in the...
Chinese Consumers Pinch Pennies on Staples as Pandemic Habits Linger
The average selling prices of toothbrushes, infant formula and makeup are declining as businesses adapt to circumstances. Source link
The Horrible Performance Review That Set Him on the Road to CEO
John Peyton led Dine Brands, the owner of Applebee’s and IHOP, through the pandemic as a rookie chief executive. But...
Southern California Hotel Workers Strike Ahead of Fourth of July
Thousands of hotel employees walked off the job Sunday demanding better pay and benefits, and less burdensome workloads. Source link
Hotel Owners Start to Write Off San Francisco as Business Nosedives
June 12, 2023 12:01 am ETSan Francisco’s once thriving hotel market is suffering its worst stretch in at least 15...
Beverly Hills Voters Stymie LVMH Plans to Expand U.S. Hotel Business
The majority of votes counted in this week’s referendum were against plans by LVMH’s Cheval Blanc brand to build its...
Hotels, Booking Sites Say Americans Will Keep Traveling in 2023
Travel companies say leisure spending continues despite higher costs. Source link
Mass Layoffs or Hiring Boom? What’s Actually Happening in the Jobs Market
By Sarah Chaney Cambon and Ray A. SmithFeb. 9, 2023 8:01 am ETListen to article(2 minutes)Interest rates are rising, inflation...
American Casino Giants Win 10-Year Macau License Renewals
Six casino operators in Macau won provisional licenses to continue operating in the Chinese gambling hub for the next 10...
WSJ News Exclusive | Juul Discusses a Possible Bailout With Two of Its Biggest Investors
Juul Labs Inc. is in talks with two of its biggest investors on a bailout that could help the e-cigarette...
MGM China Pumps $594 Million Into Macau Casino Unit Ahead of License Bid
HONG KONG—The Chinese unit of U.S. gambling company MGM Resorts International MGM -2.50% said it would pump almost $600 million...
Macau Casinos to Reopen Saturday After Covid-19 Shutdown
Casinos in the gambling hub of Macau will be allowed to reopen Saturday after a nearly two-week shutdown amid a...
Miami’s Gold Rush: Finance Firms and Crypto Move In, Bringing Strains
From his new office in Miami Beach, real-estate investor Barry Sternlicht is only steps from the ocean. His waterfront mansion...
Hard Rock Atlantic City Workers, Casino Operator Reach Labor Agreement
Atlantic City casino workers reached a tentative deal with the Hard Rock Hotel & Casino, averting a strike that could...
Atlantic City Casino Workers Reach Labor Pacts With Caesars, MGM
Atlantic City, N.J., casino union workers reached tentative agreements with MGM Resorts International and Caesars Entertainment Inc. to avoid a...
China’s Covid-19 Lockdowns Hurt Sales of Starbucks Coffee, Adidas Sneakers
China’s strict Covid-19 lockdowns are hurting consumer spending for everything from coffee to sneakers and hotels, weighing on multinationals with...
