Dec 14, 2023
Wyndham franchisees question possible Choice merger, association says

By Doyinsola Oladipo NEW YORK (Reuters) - A major U.S. hotel owners association said its Wyndham Hotels & Resorts franchisee members are worried an acquisition by budget operator Choice Hotels International could hurt their business. Choice on Tuesday launched a…

Dec 14, 2023
Starbucks closed 23 stores to deter unionizing, US agency says

By Daniel Wiessner (Reuters) -A U.S. labor agency is seeking to force Starbucks Corp to reopen 23 stores that were allegedly shuttered last year to discourage a nationwide union campaign, the latest case to accuse the coffee chain of illegal…

Dec 13, 2023
Airbnb to pay $620 million to settle some Italian tax obligations

MILAN (Reuters) -Vacation rental platform Airbnb said on Wednesday it would pay 576 million euros ($621 million) to the Italian Revenue Agency to settle outstanding income tax obligations for the 2017-2021 tax years. Airbnb, which has its European headquarters in…

Dec 13, 2023
US bankruptcy wave may stretch into 2024, but pace could slow

By Bansari Mayur Kamdar (Reuters) - The retail sector could continue to lead U.S. bankruptcies next year due to sticky inflation and high interest rates, but analysts expect easing monetary policy to offer some respite in the second half of…

Dec 13, 2023
U.S. seizes crypto linked to Southeast Asian investment scam

By Tom Wilson and Poppy McPherson (Reuters) - The United States has seized digital currency worth about half a million dollars from an account registered to a Chinese man who featured in a Reuters investigation into crypto-investment fraud run from…

Dec 13, 2023
Epic Games wins antitrust case against Google over Play app store

By Greg Bensinger and Mike Scarcella (Reuters) -"Fortnite" maker Epic Games has prevailed in its high-profile antitrust trial over Alphabet's Google, which alleged the Play app store operated as an illegal monopoly, in a ruling that if it holds could…