U.S. Loses 140,000 Jobs Amid New Lockdowns
The December jobs report shows "the economy’s not just tapping on the brakes, but actually has been thrown into reverse."
California Governor Vetoes Return-to-Work Bill
The requirements of the bill "place too onerous a burden on employers navigating the tough challenges” of the pandemic, Gov. Gavin Newsom says.
Marriott Takes Revenue Hit From Empty Rooms
“In the last few months, we have seen the impact of COVID-19 spread throughout our business in an unprecedented way."
Aramark Buys Avendra, AmeriPride for $2.3B
The acquisitions will complement Aramark’s 2016 buy of group-purchasing firm HPSI and significantly increase its uniform business.
China’s HNA Group Buys 25% of Hilton for $6.5B
The Chinese conglomerate makes its second foray into the U.S. hotel industry in six months, paying a premium of 14.6% for Blackstone's stake in Hilton.