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HOT News

China Seizes Waldorf Astoria Owner Anbang in Major Corporate Crackdown

Anbang Insurance, the China-based owner of New York's Waldorf Astoria hotel, will be run by a committee of government officials as authorities in Beijing continue to crackdown on risky financial practices in the world's second-largest economy.

Trump's Anti-Obama Cuba Policy May Prove Setback for U.S. Businesses

President Trump's revision of Obama's Cuba policy stands to put in limbo American business progress on the island.

Marriott Looks to Quicken Rate of Starwood Brand Expansion

Marriott CEO Arne Sorenson is concerned about some American travel policies impacting business.

Earnings to Watch Out for Next Week

Five earnings to watch out for next week.

'Mad Money' Lightning Round: Starwood Not So Hot, But Expedia Looks Good

Jim Cramer says he's not a fan of HOT, likes MAR or EXPE better.

Breaking News

Tesla Stock Higher As Elon Musk Sells $6.9 Billion Shares, Citing Twitter Deal

"In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock," Musk said.

Apple Stock Edges Higher Despite Cautious Smartphone Outlook From Supplier Foxconn

Foxconn, Apple's main iPhone assembler, forecast muted smartphone revenues for its September quarter amid waning global demand.

Disney Earnings Preview: Disney+ Steaming Growth In Focus After Netflix Stumble

Disney needs to add more than 9 million streaming users each quarter in order to meet its September 2024 goal of between 230 million and 260 million global subscribers.

Walmart Builds on Its Biggest Edge Over Amazon

Retailing giant Walmart wants to ensure its customers can get what they're looking for, however they want to buy it.