You won’t find the word “minimony” in the dictionary. But couples who spent a year planning a traditional wedding only to see it canceled by the coronavirus know it well, the Associated Press (AP) reported. Instead of waiting for who knows how long and rebooking...
Dissatisfied with Airbnb and other short-term rental companies, many hosts have created their own direct-booking websites to boost business and end years of frustration with the original online marketplace for lodging and its competitors, according to CNBC. Some of these websites have been in the...
Expedia Group has announced a new CEO and said it has agreed to a buyout, according to The Wall Street Journal. Vice Chairman Peter Kern will take the helm of Expedia, which contains Travelocity, Orbitz and Vrbo under its umbrella, and has been without a...
Travelex, the British foreign exchange company, is seeking a buyer, the Financial Times (FT) reported. “As part of its continuing assessment of strategic options to maximize value for its stakeholders, the Board of Travelex Holdings Limited has decided to seek offers for the Travelex group,...
San Francisco-based activist-investment firm Voce Capital Management LLC is urging stockholders to vote against the three OnDeck Capital directors facing re-election — a challenge that sent OnDeck shares rising as much as 11.2 percent Friday (April 17). In a 12-page letter to investors, Voce Chief Investment Officer...
SoftBank Group has been spending time in talks with investment firms Elliott Management and Mubadala over the possibility of taking its Japanese tech conglomerate private, the Financial Times (FT) reported, but the strategy has ultimately been scrapped. After a stock market slump as of late due to...
Japanese conglomerate SoftBank is boosting its lobbying efforts in Washington, D.C. to work on issues that align with its portfolio investments, Bloomberg reported on Thursday (March 12). The 36th biggest company in the world, SoftBank now ranks among the top 4 percent of the roughly...
Activist fund and hedge fund company Elliott Management Corp. is pressing for changes after acquiring a stake in Twitter, including replacing CEO and Co-Founder Jack Dorsey, Reuters reported Friday (Feb. 28), citing sources familiar with the matter. Although a co-founder, Dorsey only owns roughly 2...
Democratic presidential candidate Mike Bloomberg plans to sell his multibillion-dollar financial data and media company Bloomberg L.P. if he wins the presidency, The Wall Street Journal (WSJ) reported on Tuesday (Feb. 18). The campaign said that Bloomberg would “first put the company in a blind trust” before...