PPHE Hotel Shares Leap on $1.24 Billion Fattal Hotel Takeover Approach

PPHE—which houses the Park Plaza brand and has partnerships with the Radisson Hotel Group—said it plans…

Disney Calls FCC’s License Review a Threat to Speech. What to Know About the Feud.

The agency’s legal battle with Disney’s ABC entered a new phase, as the broadcaster complied with…

Iran-Deal Reports Boost Markets

Plus, disappearing car buyers and slower growth.

Bari Weiss Overhauls ‘60 Minutes’ With New Executive Producer

The CBS News program installed journalist Nick Bilton in the role and will part ways with…

AI Is Changing How Consultants Get Paid—and Much More, BCG’s CEO Says

Christoph Schweizer points to higher revenues and head count in response to predictions that the technology…

Americans Are Sick of High Prices. Companies Are Finally Doing Something About It.

New products, smaller packages and value meals are being rolled out to attract inflation-weary customers.

Inside Exxon’s Dilemma Over Returning to Venezuela

The U.S. oil giant is in talks to resume pumping oil in the Latin American country…

USPS, DHL partner in a $10 billion ‘last-mile’ delivery agreement

The United States Postal Service is announcing a $10 billion deal to provide “last-mile” package delivery…

Average US long-term mortgage rate climbs to 6.53%, highest level in nine months

The average long-term U.S. mortgage rate rose again this week, reaching its highest level in nine…

EU envoy seeks more vessels to secure Hormuz navigation once the war in Iran ends

The European Union’s foreign policy chief says securing freedom of navigation through the Strait of Hormuz…