By laying off 12% of Expedia's workforce, Chairman Barry Diller is following through on his pledge to reshape the "bloated organization."
Chairman Barry Diller said senior management and the board disagreed on strategy.
A cultural view of business travel as a strategic investment rather than a cost to be minimized aligns with some important business considerations.
Expedia failed in its bid to maintain access to data for United flights scheduled after the companies' ticketing agreement expires.
Expedia, The Williams Cos., LendingTree, Kirby, Douglas Dynamics, L.B. Foster, Abiomed, ScanSource, Health New England, Inseego
The IPO was priced below expectations at $11 per share, but the hotel-search website raised $287.1 million.
The SEC says Jonathan Ly made $350,000 in illicit profits by trading on nonpublic information he obtained from Expedia's computers and email accounts.
How companies like Uber and Airbnb are showing the way to a new, collaborative economy.
Be informed, get involved, and shape the world through finance. Here's today's roundup and finance win and fail of the day.
The deal for HomeAway, a publicly traded provider of vacation rentals, puts Expedia in direct competition with Airbnb.
Hotel chains are thriving, for now, thanks to innovation and a bit of luck.
Four participants in the debate contend on whether states should get new taxing power.
