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Marriott targets budget travelers with new mid-scale extended-stay option

Business

Marriott targets budget travelers with new mid-scale extended-stay option

Marriott International CEO Anthony Capuano shared some insight on budget travelers during a Monday appearance on "The Claman Countdown." He told host Liz Claman that Marriott International’s lower-income consumers "continue to prioritize travel, but they want to do it at a more thrifty price point," citing spending data the company has through its credit card relationships. That has driven Marriott International to "push so strongly over the last two years into the […]

todayJune 2, 2025 10

Federal judge temporarily blocks Trump administration from ending TSA collective bargaining rights

Business

Federal judge temporarily blocks Trump administration from ending TSA collective bargaining rights

A federal judge in Washington state is temporarily blocking the Trump administration from terminating collective bargaining rights for TSA employees.Judge Marsha Pechman issued the preliminary injunction on Monday after the American Federation of Government Employees (AFGE) challenged an order from the Department of Homeland Security (DHS).The unions are accusing the Trump administration of engaging in "an unlawful and unilateral termination of a negotiated union contract that protects approximately 47,000 Transportation […]

todayJune 2, 2025 9

Disney cuts hundreds of TV and film jobs amid streaming expansion

Business

Disney cuts hundreds of TV and film jobs amid streaming expansion

Disney is cutting hundreds of employees across several TV and film teams as the company focuses on expanding its streaming services. Employees in the marketing for film and television, as well as TV publicity, casting and development, and corporate financial operations will be impacted by the cuts, a spokesperson for Disney told FOX Business. The spokesperson said the company will continue to evaluate ways to efficiently manage the businesses "while fueling the […]

todayJune 2, 2025 8

Trump, China’s Xi talks ahead, stocks slide as June begins: Live Updates

Business

Trump, China’s Xi talks ahead, stocks slide as June begins: Live Updates

Mon, 02 Jun 2025 10:22:22 -0400[image]Stocks are lower on Monday, the first trading session of June, on renewed trade tensions.The Dow Jones Industrial Average fell 300 points, or 0.6%, while the S&P 500 and Nasdaq Composite were down 0.4% and 0.3%, respectively.China said on Monday that President Donald Trump's accusations that Beijing had violated the consensus reached in Geneva trade talks were "groundless", and promised to take forceful measures to […]

todayJune 2, 2025 4

S&P 500 CEOs’ compensation in 2024 highlights vast differences from Rick Smith to Tim Cook

Business

S&P 500 CEOs’ compensation in 2024 highlights vast differences from Rick Smith to Tim Cook

Leading a company is a significant and often difficult job. One perk of that responsibility is sizable compensation for being a CEO. A new analysis from The Wall Street Journal revealed which CEOs heading up S&P 500 companies had the biggest pay packages in 2024.The Journal said its analysis looked at MyLogIQ data to rank a total of more than 400 CEOs who had been at the helm of S&P 500 companies […]

todayJune 2, 2025 313

Treasury’s Bessent says US is ‘never going to default’ as debt limit deadline looms

Business

Treasury’s Bessent says US is ‘never going to default’ as debt limit deadline looms

Treasury Secretary Scott Bessent on Sunday said that the U.S. government will never default on its debt as the federal government faces a looming deadline to address the debt limit this summer.Bessent appeared on CBS News' "Face the Nation" and was asked about the tax package that Republicans in Congress are advancing, which includes a $4 trillion increase in the debt limit – enough to push the debt ceiling out roughly […]

todayJune 2, 2025 14

China accuses US of undermining trade agreement

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China accuses US of undermining trade agreement

China has accused the U.S. of undermining the trade agreement between the two countries that was established during a Geneva meeting in May.The U.S. and China announced a 90-day détente that involved reduced tariffs last month, but less than a month later, both are accusing each other of running afoul of the deal.According to a translation of the Chinese Ministry of Commerce's website, a ministry spokesperson said that after the […]

todayJune 2, 2025 7

WWE, Slim Jim renew partnership with new components ahead of major events

Business

WWE, Slim Jim renew partnership with new components ahead of major events

Slim Jim will become a ring sponsor on "Monday Night Raw" as WWE announced the renewal of their partnership on Monday.WWE and Slim Jim reunited in 2023 and featured advertisements with wrestling superstars LA Knight and Bianca Belair. Knight even drove the Slim Jim car after he won the Slim Jim Battle Royal at SummerSlam in 2023. Slim Jim became the official meat snack of WWE at the time.CLICK HERE […]

todayJune 2, 2025 8

California residents enraged by driverless cars forced by regulators to make loud beeping noises

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California residents enraged by driverless cars forced by regulators to make loud beeping noises

Residents of Santa Monica, California, have been complaining and protesting the frequent noise-pollution from Waymo driverless cars.Waymo, a driverless ride-hailing company, is operating in multiple states across America. While the driverless electric cars with rotating sensors were initially viewed as a novelty, some residents have begun to complain that their charging lots generate near-constant noise."[T]o hear it from residents, the beeping never seems to stop, largely due to a state […]

todayJune 1, 2025 8