Updated Jan. 10, 2024 1:29 am ET
Frasers Property’s majority owners could sell the company or some of its assets as part of a strategic review, people familiar with the situation said.
One of the people said the review is in its initial stages and there is no assurance of any outcome.
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Unite Here Local 11 has made more progress in contract talks with hotels ahead of the holidays. The union said Friday it had secured tentative agreements with three downtown L.A. properties as well as a hotel near Los Angeles International Airport. The agreements cover roughly 800 workers at the InterContinental, Hotel Indigo and E- Central…
President Biden says the agreement “clears the way” for Congress to avoid a government shutdown.
The iconic Palm steakhouse in East Hampton — frequented by celebs like Jon Bon Jovi, Jerry Seinfeld and Gwyneth Paltrow — said it will lay off most of its staff in a surprise New Year’s Day announcement that left stunned workers in tears, Side Dish has learned More than three dozen employees got the bad…
While it’s been evident for quite some that the future of cable TV rests on shaky ground, we are now seeing clear signs of the disruption the introduction of streaming and shifting viewing habits has had on the industry. The challenges that lie ahead were laid bare in the recent standoff between Disney and Charter…
Jan. 11, 2024 12:53 pm ET Federal regulators have formally notified Boeing that it is being investigated following an incident with its 737 MAX 9 plane. The Federal Aviation Administration said Thursday that it had notified Boeing of the investigation, which will determine if the company failed to ensure products were safe and met approved…
Apple’s new mixed-reality headset will become available in the U.S. starting Feb. 2, setting the stage for the company’s premium-priced offering to compete in a crowded market. The tech giant’s Vision Pro headset, initially unveiled in June, will be available for pre-sale Jan. 19. It represents Apple’s first major new product in years. Copyright ©2024…
