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    • Mergers & Acquisitions

    Elliott calls a special session of the Southwest “as early as next week”
    Albany

    Elliott calls a special session of the Southwest “as early as next week”

    A Southwest Airlines Boeing 737 departs Los Angeles International Airport in Los Angeles, California, on September 19, 2024, en route to Las Vegas. Kevin Carter | Elliott Management announced on Tuesday that it would convene an extraordinary general meeting Southwest…

    Posted on Madoc Meredith
    The Biden administration allows Alaska Airlines to purchase Hawaiian Air, but with conditions.
    Frisco

    The Biden administration allows Alaska Airlines to purchase Hawaiian Air, but with conditions.

    The Biden administration is letting Alaska Airlines Purchase worth $1 billion by Hawaiian Airlines after the airlines agreed to certain conditions, including maintaining current service on routes between Hawaii and in the mainland United States, where there is not much…

    Posted on Bronwen Cerys
    Norfolk Southern CEO Alan Shaw replaced by CFO after alleged scandal
    Tennessee

    Norfolk Southern CEO Alan Shaw replaced by CFO after alleged scandal

    Former Norfolk Southern CEO Alan Shaw testified during a Senate Commerce, Science, and Transportation Committee hearing titled “Improving Railroad Safety in Response to the East Palestine Derailment” in Washington on March 22, 2023. Evelyn Hockstein | Reuters Norfolk South CEO…

    Posted on Eira Gwyneth
    Norfolk Southern investigates CEO Alan Shaw over workplace relationship
    Massachusetts

    Norfolk Southern investigates CEO Alan Shaw over workplace relationship

    Alan Shaw, CEO, Norfolk Southern Scott Mlyn | CNBC Norfolk Southern The board is investigating allegations that CEO Alan Shaw had an inappropriate relationship at work, according to three people familiar with the matter. The company confirmed late Sunday night…

    Posted on Idris Bevan
    Stock Market Today: Wall Street Opens Lower, Drags Dow Below Record High | National News
    New Jersey

    Stock Market Today: Wall Street Opens Lower, Drags Dow Below Record High | National News

    NEW YORK (AP) — Stocks on Wall Street opened slightly lower, causing the Dow Jones Industrial Average to fall slightly below its record high of the previous day. In the first minutes of trading on Tuesday, the Dow lost 63…

    Posted on Seren Anwen
    New 2,500-room Grand Hyatt project linked to .07 billion Orlando sale
    Tennessee

    New 2,500-room Grand Hyatt project linked to $1.07 billion Orlando sale

    Hyatt has officially announced the sale of the Hyatt Regency Orlando to a joint venture of Ares Management and Rida Development. The deal also includes a new Grand Hyatt being built next door. ORLANDO – Hyatt Hotel Corp.’s high-profile sale…

    Posted on Eira Gwyneth
    Latest news: Loews Hollywood on the market; Hyatt completes sale in Orlando; Daily rates in the US rise
    Tennessee

    Latest news: Loews Hollywood on the market; Hyatt completes sale in Orlando; Daily rates in the US rise

    Latest news on deals, developments, data and more. Joint venture sells Hollywood hotel at a discount. A joint venture of London-based MetLife Investment Management and New York City-based Loews Hotels & Resorts has put its 625-room Loews Hollywood Hotel up…

    Posted on Eira Gwyneth
    Quotes of the week: Accelerate female leaders in travel industries, Auberge, STR, Accor
    Duluth

    Quotes of the week: Accelerate female leaders in travel industries, Auberge, STR, Accor

    Some of the more notable quotes from this week’s articles include Rachel Vandenberg of Accelerate Women Leaders in Travel, who talks about the need for greater visibility for women at industry events. Quote of the week“Representation is important and visibility…

    Posted on Eira Gwyneth
    News Corp considers sale of Foxtel Group
    Tennessee

    News Corp considers sale of Foxtel Group

    Rupert Murdoch’s News Corp could sell its Australian pay-TV provider Foxtel Group. At the end of a commentary on what News Corp CEO Robert Thompson described as an “outstanding” year for Murdoch’s news company, there was the revelation that there…

    Posted on Eira Gwyneth

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