NYC giving Texas company millions to book coronavirus hotel rooms
New York City has shelled out roughly $15.5 million in taxpayer money to Texas travel management company Crewfacilities.com LLC in order to book more than 8,600 hotel rooms at an affordable rate for hundreds of vulnerable homeless shelter residents, frontline hospital workers and recently released Rikers Island inmates to help mitigate the spread of the coronavirus, according to a report by THE CITY.
Marriott CEO: China hotels all reopened
Shares of the hotel operator rose as much as 8.1 percent in afternoon trading.
Trump's Mar-a-Lago resort in Palm Beach to partially reopen
The president's members-only club in Palm Beach will reopen Saturday with social distancing measures in place.
Disney World, union reach coronavirus protections deal: Report
The Walt Disney Co. has reportedly reached an agreement with unions for Walt Disney World Resort workers over coronavirus safeguards for once the park reopens.
U.S. appeals court rejects Trump's bid to escape anti-corruption lawsuit
An appeals court has rejected the Trump Organization's bid to reject a lawsuit accusing the president of corruption for owning a hotel in D.C. while in office.
Coronavirus-hit hospitality industry in ‘fight for survival’ as workers take brunt of job losses
The hospitality and leisure industry lost more than 7.6 million jobs in April.
Consumer prices drop 0.4% with core down record amount
Gasoline prices fell 20.6% in April and contributed the most to the downward pressure on inflation.