Soon after Hilton exit, Blackstone grabs LaSalle Hotel for $4.8 billion
Three days after ending an 11-year association with Hilton Worldwide Holdings (HLT) by divesting its remaining stock in the hotel group, Blackstone Group (BX) clinched…
Three days after ending an 11-year association with Hilton Worldwide Holdings (HLT) by divesting its remaining stock in the hotel group, Blackstone Group (BX) clinched…
Energy producer NextEra Energy (NEE) has agreed to acquire Southern company’s (SO) some assets including Florida City Gas, Gulf Power and the entities holding Southern…
The ever-increasing prominence of artificial intelligence gets another push from Microsoft Corp.’s (MSFT) purchase of AI start-up Semantics Machines in a deal whose financial details…
General Electric (GE) has agreed to merge its transportation unit with rail equipment manufacturer Wabtec Corp. (WAB) in a deal worth $11.1 billion. GE will…
Brace for impact; the aviation sector is cruising into the busy summer season with fuel prices soaring at a higher altitude. Only those airline companies…
Broadening its presence in the regional markets further, Fifth Third Bancorp (FITB) agreed to acquire MB Financial (MBFI) in a cash-and-stock deal, creating the fourth…
A large number of US families are still struggling to make ends meet despite favorable employment and economic trends. A study by the United Way…
There are many examples of thriving businesses getting embroiled in scandals that ultimately spoil their financial prospects, but rarely well-established companies wind up their operations…
Suzanne Scott has been named Chief Executive Officer of Fox News and Fox Business Network. Scott, who was in charge of programming, is the first…
The much awaited — and profoundly mysterious — Google (GOOGL) Android offering of the year, the Red Hydrogen One, is on its way to the…