First it was the airlines, now it's the turn of hotels to take the budget concept into the mainstream. Demand is surging for cheaper hotel rooms, not just from thrifty tourists but also from business travelers in search of value. And budget brands are responding to the demand with ambitious expansion plans.
European stocks ended higher Wednesday, reversing some of the previous day's sharp losses as investors snapped up beaten-down shares and upbeat comments from Nokia helped boost telecoms shares.
George J. Collins, then CEO of fund company T. Rowe Price, stunned all but his closest confidantes two years ago when he announced that, at the age of 55, he was chucking it all to go sailing. Coll...
Sounds like media mogul Ted Turner, 53, isn't the easiest of dads. His son Robert Edward ''Teddy'' Turner IV, 28, the second of Turner's five children from two marriages, says he's not asking for f...
McDonald's is the leading fast-food retailer outside the U.S., and it keeps on widening its lead. While McDonald's U.S. sales rose 9% to $4.6 billion for the first six months of the year, internati...
First it was the airlines, now it's the turn of hotels to take the budget concept into the mainstream. Demand is surging for cheaper hotel rooms, not just from thrifty tourists but also from business travelers in search of value. And budget brands are responding to the demand with ambitious expansion plans.
European stocks ended higher Wednesday, reversing some of the previous day's sharp losses as investors snapped up beaten-down shares and upbeat comments from Nokia helped boost telecoms shares.
George J. Collins, then CEO of fund company T. Rowe Price, stunned all but his closest confidantes two years ago when he announced that, at the age of 55, he was chucking it all to go sailing. Coll...
Sounds like media mogul Ted Turner, 53, isn't the easiest of dads. His son Robert Edward ''Teddy'' Turner IV, 28, the second of Turner's five children from two marriages, says he's not asking for f...
McDonald's is the leading fast-food retailer outside the U.S., and it keeps on widening its lead. While McDonald's U.S. sales rose 9% to $4.6 billion for the first six months of the year, internati...
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