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Marriott Rolls Out Media Network That Lets Brands Reach Travelers on Its Apps and TV Screens

Marriott International Inc. is introducing a media network this month with Yahoo Inc. that will help advertisers target consumers, in part by using the hotel chain’s data on its guests, to bring them ads on places such as the hotel’s websites and, eventually, on the TV sets in their rooms. Marriott Media Network comes as the marketing industry is developing new ways to reach consumers amid a wave of privacy changes, including a plan by Alphabet Inc.’s Google to…

Dutch Bros Stock Hits New Low as Inflation Keeps Younger Consumers Away

Dutch Bros Inc.’s BROS -26.94% shares plunged to new lows Thursday after the company warned of slowing sales growth as inflation keeps younger customers away from their afternoon coffee breaks. The drive-through coffee chain on Wednesday said that it expects same-store sales, a key industry metric that reflects sales at locations open at least 15 months, would be flat for the year, down from an earlier view of rising in the…

Southwest Seeks Bigger Slice of Business Travel With Faster Wi-Fi, Bigger Overhead Bins

Southwest Airlines Co. LUV -2.89% plans to offer faster Wi-Fi, bigger overhead bins and in-seat power ports for the first time, as airlines compete to attract customers returning to travel.Airline executives said they hope the $2 billion of upgrades would be particularly attractive to business travelers, as Southwest makes a play to gain a bigger share of the corporate travel market. Southwest, which allows travelers up to two checked bags at no cost, had stuck with the…

How Union Efforts at Amazon and Starbucks Are Playing Out Differently

Unionization efforts in two large American employers demonstrate some of the broader trends playing out in the U.S. labor movement.There are two key differences between unionization campaigns at Amazon.com Inc. AMZN 0.06% and Starbucks SBUX -2.22% : Starbucks petitions have been more frequent and much smaller in bargaining size compared with Amazon. As of May 5, more than 240 Starbucks locations have filed election…

Chinese Companies Boost Returns to Shareholders

Chinese companies like Alibaba Group Holding Ltd. BABA -5.79% are embracing buybacks and one-off dividends, handing cash to shareholders as they seek to shore up their battered stock prices and signal confidence in the long-term outlook. The dividend payouts and stock repurchases could help support a market that has been rattled by a series of challenges, which range from the economic impact of Beijing’s Covid-19 policies and sweeping regulatory crackdowns to concerns…

They Came, They Hiked, They Stayed: Retirees Lift Fortunes in Rural America

PIGEON FORGE, Tenn.—Tom and Barb Hansen’s search for a retirement spot reads like the script to a road movie. California’s Lake Tahoe. Sedona and Scottsdale in Arizona. The Ozark Mountains of Missouri. Myrtle Beach, S.C.Over a decade or so, the couple traveled the country to imagine life after Mr. Hansen retired as president of a community bank in the suburbs west of Chicago. In 2018, the Hansens, ages 61 and 60, picked rural Sevier County, Tenn. A lot of other people had the…

‘Dr. Strange’ Gives Summer Movie Season a Strong Start

The summer blockbuster is back.After two years of delays, cancellations and false starts because of the Covid-19 pandemic, the 2022 summer movie season started strongly as fans packed cinemas to see “Dr. Strange in the Multiverse of Madness,” a superhero thriller starring Benedict Cumberbatch, Xochitl Gomez and Elizabeth Olsen. The film, produced by Walt Disney Co. DIS -2.06% ’s Marvel Studios and distributed by Disney, raked in $450 million at the global box office on…

Boehly-Led Group Said to Have Reached Deal to Buy Chelsea F.C.

A group led by Los Angeles Dodgers part-owner Todd Boehly reached a deal to acquire Chelsea Football Club from Russian billionaire Roman Abramovich for almost £4.3 billion, equivalent to $5.2 billion, the team said late Friday, marking a record sale price for a professional sports team. The deal’s completion is expected later this month, assuming the deal wins regulator approvals, Chelsea said in a statement. It follows a…

DoorDash Revenue Rose 35% Last Quarter as Consumers Continued to Order In

DoorDash Inc.’s DASH -1.42% revenue rose last quarter, showing that consumers stuck to getting food and household essentials delivered even as more restaurants and stores reopened.Revenue for the three months ended March grew 35% to $1.46 billion from a year earlier, when fresh Covid-19 concerns caused people to hunker down. Analysts surveyed by FactSet on average had predicted $1.38 billion in revenue. The rate of growth for the quarter marked a sharp slowdown. The…