Chinese Conglomerate HNA said it paid US$6.5bn for the stake previously owned by Hilton's biggest shareholder Blackstone. Chinese companies have increasingly been investing in tourism-related businesses overseas as more Chinese citizens travel abroad.
The United States is currently in the midst of an epic cheese glut — with 1.2 billion pounds of cheese sitting in cold storage. This in practical terms means every man, woman, and child would have to grab an extra three pounds chair. That’s over and above the 36 pounds of cheese per year the average American already eats.
After New York Gov. Andrew Cuomo signed legislation on Friday imposing costly fines onto people who advertise illegal rentals online, the housing site Airbnb sued, contending that the law violates freedom of speech and is unconstitutional.
The telecom-media giant that would be formed if United States federal regulators approve AT&T Inc’s US$85.4 billion purchase of Time Warner Inc raises antitrust issues, Democratic vice presidential candidate Tim Kaine and several U.S. lawmakers said on Sunday.
Four decades ago, U.S. ex president James Carter tried to do in secret what Barack Obama finally achieved publicly and in a less adverse context: to start a process to normalize relations between the United States and Cuba. In a long article, the Cuban newspaper Granma reveals that Carter (1976/1980) had been the only US president who set in writing his intention to promote dialogue between Washington and Havana.
Major websites were inaccessible to people across wide swaths of the United States on Friday after a company that manages crucial parts of the internet’s infrastructure said it was under attack. Users reported sporadic problems reaching several websites, including Twitter, Netfix, Spotify, Airbnb, Reddit, Etsy, SoundCloud and The New York Times.
Next Monday, October 24th, the Chief of the Organization of American States Electoral Observation Mission (OAS/EOM) to the United States, former Costa Rican President Laura Chinchilla, will begin a preliminary visit to the United States during which she will hold meetings with key authorities and stakeholders of the electoral process in the states of Georgia and Pennsylvania, as well as the District of Columbia.
The Republican presidential candidate Donald Trump gained on his Democratic rival Hillary Clinton among US voters this week, cutting her lead nearly in half, according to Reuters/Ipsos polling released on Friday. The polling data showed Trump's argument that the Nov. 8 election is “rigged” against him has resonated with members of his party.
Anti-secrecy group WikiLeaks said on Monday that its founder Julian Assange's internet was shut down by the government of Ecuador, deflecting blame from the U.S. or British governments which have sparred with Assange for releasing sensitive material.
Wells Fargo & Co's veteran chairman and chief executive officer, John Stumpf, abruptly departed on Wednesday bowing to pressure over its sales tactics that has damaged the bank's reputation and put Wall Street under renewed scrutiny. San Francisco-based Wells Fargo said Stumpf, 63, was retiring and would be replaced as chief executive by President and Chief Operating Officer Tim Sloan, 56.