Royal Caribbean nears $3 billion deal to take 50% equity stake in Sandals
Royal Caribbean is negotiating a $3 billion deal to acquire a 50% equity stake in Caribbean resort chain Sandals, valuing the company at $6 billion.
Charities say gifts by deceased donors are getting held up at financial firms
Charities report significant delays in collecting retirement account gifts from deceased donors, with some financial institutions requiring excessive documentation and new account creation before releasing funds.
US wheat farmers navigate uncertainty amid drought and geopolitical chaos
US wheat prices have reached three-year highs amid drought and geopolitical disruptions, yet farmers face uncertainty from elevated input costs and unpredictable weather conditions affecting planting decisions.
Wendy’s franchisee files for Chapter 11 bankruptcy protection as burger chain struggles
Meritage Hospitality, a major Wendy’s franchisee operating 314 locations, filed for Chapter 11 bankruptcy as the burger chain faces persistent same-store sales declines and profitability challenges.
Auto industry urges Trump to bar Chinese automakers in U.S. ahead of Xi visit
U.S. automotive industry groups urge President Trump to maintain barriers against Chinese automakers or ban them entirely, ahead of his meeting with Chinese President Xi Jinping.
Disney names CTO for the first time as media giant expands tech push
Disney appointed Karandeep Anand as its first chief technology officer, effective Oct. 2, to oversee enterprise technology, infrastructure, data, and artificial intelligence across the company.