Saturday, September 23, 2017

Hilton Worldwide will spin off timeshare, majority of its real estate businesses

Hilton Worldwide announced on Friday that it is seeking to spin off majority of its real estate business and its timeshare business into separate entities.

Samsung is the top smartphone company of Q4 and 2015

Samsung is still the number one smartphone company in both Q4 last year and the whole of 2015 according to market research firm IDC. The Korean giant posts a total of 85.6 million shipments in the Q4 2015 clinching the number 1 spot against arch-rival, Apple, with 21.4 percent of market share. The Cupertino company, on the other hand, remains number 2 with 74.8 million iPhones shipped in Q4 with 18.7 percent of the market.

TransCanada Corp. acquires Columbia Pipeline Group for $10.2B

TransCanada Corp. agrees to buy Columbia Pipeline Group Inc. for a price tag of $10.2bn, marking the energy company's largest deal to date and a move aimed to expand its presence in the U.S. natural gas market.

China’s JD.com raises a billion Dollars

One of the leading companies in China’s e commerce boom, JD.com has announced recently that it has been able to raise $1 billion for the financing of its financial subsidiary. The move comes at a time when the Chinese economy starts to slow down and the competition to provide online financial services between the Chinese internet giants reaches its...

AT&T, Univision Communications fail to reach U-Verse distribution deal

AT&T and Univision Communications have not reached deal on a new distribution deal due to a disagreement over programming fees, while the nation's largest Spanish-language media company accused AT&T of discriminating against Hispanics by failing to reach a new contract.

Hilton Worldwide Holdings Inc. to enter midscale hotel market with Tru

Hilton Worldwide Holdings Inc. will join the rapid-growing midscale hotel category through its new chain called Tru, in an effort to attract younger, tech-savvy travelers.

4 companies bid for UFC’s ownership

Four bidders are fighting to purchase the UFC, the biggest mixed martial arts organization in the world with an estimated value of between $3.5 billion and $4 billion. WME/IMG, China Media Capital, The Blackstone Group and Dalian Wanda Group have submitted their respective bids.

Etsy posts first quarterly profit since April 2015 IPO

Etsy Inc. posted a profit in the first quarter -- the first time since April 2015 when it went public -- as growth in revenue and users stayed strong, according to a company statement released on Tuesday.

For Hospitals, Prestige Leads To Profits

A new study explores why the most profitable U.S. hospitals are who they are.

How Medicare Drug Plans Hope To Follow Private Sector...

The proposal that Medicare made this month to better control prescription drug costs involves testing strategies used with some success in the private sector.

California Voters Will Have Their Say On Drug Prices

Heated battle expected over November ballot proposal to curb state's prescription drug costs, as pharmaceutical industry opens its pocketbook to defeat the measure.

How You Can Easily Pay Off Your Holiday Debt

If you are just recovering from the holiday hangover...

Despite Kvetching, Most Consumers Satisfied With Health Plans: Poll

The survey by the Kaiser Family Foundation shows that 71 percent of people with insurance believe their services are excellent or good.